Introduction:

The North America Telehealth Market is poised for remarkable growth, projected to achieve a staggering CAGR of 22.8% from 2023 to 2030, reaching a substantial $273.29 billion by the end of the decade. This surge is attributed to rapid advancements in technology, including high-speed communication networks, enhanced storage mediums, robust security protocols, application development, mobile technology, cloud computing, and digitization. Telehealth has evolved into a pivotal component of the healthcare industry, facilitating cost reduction and improved quality of care for hospitals, physicians, payers, and employer groups.

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Market Insights:

Growth Projections:
The market is anticipated to grow at an impressive CAGR of 22.8% from 2023 to 2030, showcasing the increasing acceptance and integration of telehealth solutions in the healthcare ecosystem.

Technology Driving Transformation:
Technological innovations have played a pivotal role in reshaping telehealth adoption. Factors such as high-speed communication networks, improved storage mediums, enhanced security measures, application development, mobile technology, and cloud computing have collectively fueled the rapid transformation of telehealth.

Top 10 Companies in the North America Telehealth Market:

AMD Global Telemedicine, Inc.
Founded: 1991

Headquarters: Massachusetts, U.S.

Overview: A global leader providing clinical telemedicine equipment and technology, serving over 98 countries with a strong presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

American Well
Founded: 2006

Headquarters: Massachusetts, U.S.

Overview: A key player offering software, services, and clinical access, connecting doctors with patients through on-demand video visits. Acquired Avizia in April 2018 to enhance acute care capabilities.

Care Innovations, LLC
Founded: 2010

Headquarters: California, U.S.

Overview: A subsidiary of Intel Corporation, providing in-home management platform applications for managing medical conditions. Offers solutions to healthcare organizations across the U.S.

Cerner Corporation
Founded: 1979

Headquarters: North Kansas City, Missouri, U.S.

Overview: Actively involved in building intelligent solutions for the healthcare industry, operating globally with a strong network of subsidiaries and distributors.

Cisco Systems, Inc.
Founded: 1984

Headquarters: California, U.S.

Overview: Develops, manufactures, and sells IP-based networking hardware and technology products, serving various industries, including healthcare, with a widespread global presence.

Doctor on Demand, Inc.
Founded: 2013

Headquarters: California, U.S.

Overview: Facilitates connections between patients and board-certified physicians for medical, pediatric, and mental health conditions through video telemedicine solutions.

Honeywell Life Care Solutions
Founded: 1999

Headquarters: Wisconsin, U.S.

Overview: Develops digital health technologies for healthcare systems, employers, and individuals to enhance the quality and cost efficiency of care.

InTouch Technologies, Inc.
Founded: 2002

Headquarters: California, U.S.

Overview: Operating as InTouch Health, provides technology-enabled solutions for the virtual delivery of clinical care to healthcare organizations globally.

MDLIVE Inc.
Founded: 2006

Headquarters: Florida, U.S.

Overview: Offers access to board-certified physicians and licensed therapists through a secure online video and phone network technology platform.

Medtronic PLC
Founded: 1949

Headquarters: Minnesota, U.S.

Overview: A leading medical technology provider with a broad range of products catering to various medical conditions, including telehealth services added through the acquisition of Cardiocom in August 2013.

Popular Mentioned Companies:

Koninklijke Philips N.V.
Polycom, Inc.
Sherpaa
Siemens AG
SnapMD, Inc.
Teladoc, Inc.
Vidyo, Inc.
Zipnosis
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Authoritative Research:

Meticulous Research has forecasted a growth of 24.3% during the years 2018-2024. Their comprehensive report delves into the financial performance, key products, company strategies, partnerships, and acquisitions of each highlighted company, offering invaluable insights into the North America Telehealth Market. For a more detailed analysis, the report covers global market size estimates, market share analysis, revenue numbers, and key trends in the telehealth industry.

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