Europe Telehealth Service Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 24.50 Billion |
| Market Size (2029) | USD 73.10 Billion |
| CAGR (2024 - 2029) | 24.44 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Telehealth Service Market Analysis
The Telehealth Services Market in Europe Industry is expected to grow from USD 24.5 billion in 2024 to USD 73.10 billion by 2029, at a CAGR of 24.44% during the forecast period (2024-2029).
Telehealth is significantly improving the access to healthcare, because of which the quality of medical services for citizens and widening geographical coverage with virtual consultations is increasing, even if the amount of healthcare facility locations decreases. Telehealth services are among the biggest eHealth trends in Europe, positioned second, just after patient health records in the recent Annual European eHealth Survey.
A number of Telemedicine devices are emerging such as blood pressure monitoring, weight management machines, interactive stethoscope, ENT otoscope, and general examination cameras. Increasing government funding and grants for telemedicine, a consistent need for improved healthcare quality services, and an increasing number of smartphone users have boosted the telehealth market.
The increase in the widespread infection rate of Covid-19 had imposed lockdowns and travel restrictions and has made healthcare management a necessity which in turn has given support to the adoption of online platforms for disease management. The government has taken initiatives to develop mobile health applications and promote online platforms to manage the pandemic also drive the market growth during COVID-19.
Europe Telehealth Service Market Trends
This section covers the major market trends shaping the Europe Telehealth Service Market according to our research experts:
Rapid Increase in Chronic Diseases
A rapid increase in the number of patients suffering from several chronic diseases such as diabetes, cancer, Alzheimer's, and cardiovascular diseases has been observed in Europe. These chronic diseases require a long-term patient monitoring service which is offered by telehealth.
There is a shortage of medical professionals and a growing preference for remote healthcare management of chronic conditions. According to the statistics each year the number of new cancer cases in Europe is over 3.7 million which is around one-quarter of total cancer cases in the world, whereas the population of Europe is one-eighth of the total world's population.
Additionally, telehealth services help to enhance patient engagement activities and bridge the gap between patients & healthcare providers. This kind of service reduces the hassles of scheduling appointments, eliminates the need for an in-person consultation, and thereby, reduces the care expenses and unnecessary costs which in turn is expected to drive the growth of the Europe telehealth market in the forthcoming years.
Adoption of mHealth applications
The mHealth segment holds the highest revenue share of 34.4% in the telehealth segment.
There has been an increase in the number of mHealth apps for health, medical and wellness applications and the number of smartphone users in Europe. Additionally, there has been a high adoption of mobile healthcare applications and constant mobile app improvements with better functionality by the manufacturers also drive the growth of this market.
Increasing adoption of mobile healthcare applications for disease management, remote patient monitoring, medication management, patient tracking, women's health, fitness and wellness, and personal health record management among others is also expected to drive the segment growth.
The growing benefit of telehealthcare technology especially in non-emergency and where direct or face-to-face interaction of patient and provider interactions are not required also anticipated to drive the segment growth. Increasing preference for telehealthcare services among the medical professionals and patients to improve access to care in remote locations and reduce the risk of direct transmission of infectious pathogens are also anticipated to support the growth.
Europe Telehealth Service Industry Overview
The telehealth service in Europe is moderatley fragmented with some major players like AMD Global Telemedicine Inc., Kry, Doctolib, Immedicare. The growth of services like EMR and PACS have been gaining importance in Europe in telehealth field. The rise in old age population and chronic diseases aliments opens a challenging market in Europe.
Europe Telehealth Service Market Leaders
AMD Global Telemedicines Inc
Kry
Doctolib
Immedicare
Babylon Health
*Disclaimer: Major Players sorted in no particular order
Europe Telehealth Service Market News
- January 2022- Babylon completed its acquisition with DayToDay Health to provide its members with DayToDay's digital-first highly engaging programs and clinical services before and following scheduled surgeries major health events like childbirth, and following diagnosis of chronic conditions.
- July 2022- Docplanner has acquired Feegow which is the leading local practice management software. Docplanner is one of the largest online healthcare marketplaces and a leading provider of software solutions for doctors and clinics. This is a transformational move in the country's health tech segment as it represents the combination of two market leaders in the industry.
Europe Telehealth Service Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Insights on Various Regulatory Trends Shaping Telehealth Services Market in Europe
4.5 Insights on Impact of Technology and innovation in Telehealth Services
4.6 Insights on Performance of Telehealth Services in Europe
4.7 Industry Attractiveness - Porters' Five Forces Analysis
4.7.1 Threat of New Entrants
4.7.2 Bargaining Power of Buyers
4.7.3 Bargaining Power of Suppliers
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 Service Type
5.1.1 Telemedicine
5.1.2 Video Conferencing
5.1.3 Remote Patient Monitoring
5.1.4 App Based Consultation
5.1.5 Others
5.2 Application type
5.2.1 Tele-consultation
5.2.2 Tele-pathology
5.2.3 Patient care
5.2.4 Tele-psychiatry
5.2.5 Tele-cardiology
5.2.6 Other cliinical services
5.3 End users
5.3.1 Providers
5.3.2 Patients
5.3.3 Players
5.4 Category
5.4.1 Hardware
5.4.2 Software
5.5 Delivery Mode
5.5.1 Cloud-Based Delivery Mode
5.5.2 Web-Based Delivery Mode
5.5.3 On Premise Delivery Mode
5.6 Geography
5.6.1 Germany
5.6.2 United Kingdom
5.6.3 France
5.6.4 Italy
5.6.5 Spain
5.6.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 AMD global Telemedicine, Inc.
6.2.2 Kry
6.2.3 Doctolib
6.2.4 Immedicare
6.2.5 Babylon Health
6.2.6 AccuRx
6.2.7 Min Doktor
6.2.8 Ada Health
6.2.9 Push Doctor
6.2.10 Docplanner
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Europe Telehealth Service Industry Segmentation
Telehealth solutions have the potential to support the healthcare systems in multiple ways. It offers communication platforms for patient-to-patient and doctor-to-doctor consultations, and secure ways for exchanging medical records, issuing prescriptions, and managing payments.
The scope of the study is currently focused on the Europe Telehealth Services Market. The study tracks the key trends in each segment categorized on the basis of By Service Type (Telemedicine, video conferencing, Remote Patient Monitoring, app-based consultation), By Application Type (teleconsultation, telepathology, patient care, telepsychiatry, telecardiology), By End-Users (Providers, Patients, and Players), By Category (Hardware and Software), By Delivery Mode (Cloud-Based Delivery Mode, Web-Based Delivery Mode, and On-Premise Delivery Mode), and By Geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe), various trends, opportunities, and company profile. The study also tracks the impact of COVID-19 on the market.
| Service Type | |
| Telemedicine | |
| Video Conferencing | |
| Remote Patient Monitoring | |
| App Based Consultation | |
| Others |
| Application type | |
| Tele-consultation | |
| Tele-pathology | |
| Patient care | |
| Tele-psychiatry | |
| Tele-cardiology | |
| Other cliinical services |
| End users | |
| Providers | |
| Patients | |
| Players |
| Category | |
| Hardware | |
| Software |
| Delivery Mode | |
| Cloud-Based Delivery Mode | |
| Web-Based Delivery Mode | |
| On Premise Delivery Mode |
| Geography | |
| Germany | |
| United Kingdom | |
| France | |
| Italy | |
| Spain | |
| Rest of Europe |
Europe Telehealth Service Market Research FAQs
How big is the Europe Telehealth Services Market?
The Europe Telehealth Services Market size is expected to reach USD 24.50 billion in 2024 and grow at a CAGR of 24.44% to reach USD 73.10 billion by 2029.
What is the current Europe Telehealth Services Market size?
In 2024, the Europe Telehealth Services Market size is expected to reach USD 24.50 billion.
Who are the key players in Europe Telehealth Services Market?
AMD Global Telemedicines Inc, Kry, Doctolib, Immedicare and Babylon Health are the major companies operating in the Europe Telehealth Services Market.
What years does this Europe Telehealth Services Market cover, and what was the market size in 2023?
In 2023, the Europe Telehealth Services Market size was estimated at USD 19.69 billion. The report covers the Europe Telehealth Services Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Telehealth Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Telehealth Service Industry Report
Statistics for the 2024 Europe Telehealth Service market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Telehealth Service analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
