When the COVID-19 pandemic exacerbated, the whole world has been fighting it with an increased burden in hospitals. The fear of physical contact also brought challenges to maintain regular medical service. Hence, telemedicine has become the solution to access safely and deliver healthcare. The telehealth market size is expected to grow to USD 636.38 billion in 2028, from 90.74 billion in 2021.1 In US, the largest telehealth market, up to USD 250 billion of current US healthcare expenditure could potentially be virtualized, 80 times of the telehealth annual revenue before the pandemic, according to McKinsey & Company’s estimate.2

In the post-pandemic era, some market drivers keep the growth momentum for telemedicine applications, such as higher acceptance of users/physicians toward telemedicine service, waived government restriction or new guidelines, and the technology development.

Favorable Healthcare Policy

Favorable
Healthcare Policy

Higher Acceptance

Higher
Acceptance

Technology Supported

Technology
Supported