Telehealth Companies Market Position Advancements and Value Creation

Top Companies in the Telehealth Market

• Teladoc Health, Inc.
• Amwell
• MDLIVE (Cigna)
• Doctor on Demand
• HealthTap
• GlobalMed
• Practo
• Babylon Health
• 98point6
• PlushCare
• Medtronic
• Philips Healthcare
• GE HealthCare
• Siemens Healthineers
• Cisco Systems, Inc.
• eVisit
• Chiron Health
• SnapMD
• Zipnosis

Market Growth

The global telehealth market size is calculated at USD 123.32 billion in 2024, grew to USD 153.84 billion in 2025, and is projected to reach around USD 1120.38 billion by 2034. The market is expanding at a CAGR of 24.73% between 2025 and 2034.

Telehealth Market Trends

Favorable Government Support: Government bodies from different countries collaborate and increase awareness of telehealth for enhanced patient care.

• In June 2025, the Ministry of Health of Vietnam, the United Nations Development Programme, and the Korea Foundation for International Healthcare organized the Vietnam-South Korea Telehealth Workshop. The workshop was organized to learn from the experiences of other countries in remote medical examination and treatment.  

Increasing Merger & Acquisition Activities: The increasing M&A activity expands telehealth services to a large patient population.

• In April 2025, the American Telemedicine Association’s ATA Action advocacy group announced that it acquired the Digital Therapeutics Alliance to form the Advancing Digital Health Coalition. The coalition was formed to help ensure that telehealth, virtual care, and DTx interventions become dependable options for care delivery.

Latest Announcement by Industry Leaders

Dr. Kashif Saeed, CEO of DocNow, commented that virtual care is an essential part of delivering timely, effective post-acute care. DocNow Telehealth platform is a workflow solution that was built to meet the specific needs of its customers and is fast, secure, and integrated.

Recent Developments in the Telehealth Market

• In August 2025, MEDvidi launched the MEDvidi AI initiative to transform clinical practices using AI tools. It created the AI Clinician platform as part of the program that assists with diagnostic processes, care planning, and treatment delivery. They streamline patient communication and administrative processes.
• In May 2025, Curative Health Insurance Company announced the launch of Curative Telehealth, a $0 virtual care service, to provide fast, seamless healthcare services to its members. The platform combines members with licensed providers and provides 24/7 services, ensuring a hassle-free experience.

Become a valued research partner with us, please feel free to contact us at sales@towardshealthcare.com