Who are the Players in US Telehealth Market?
The US telehealth
market is diverse, encompassing a range of players from technology companies
and healthcare providers to specialized telehealth platforms and service
providers. The global telehealth
market size is estimated to be valued at US$448.9 Bn by the end of 2031,
compared to US$128.6 Bn recorded in 2024. The market is expected to secure a
CAGR of 19.6% in the forthcoming years from 2024 to 2031.
Here are some of the
key players in the US telehealth market:
1. Teladoc Health,
Inc.
- Overview: Teladoc Health is one of the leading
telehealth companies globally. It provides virtual healthcare services
through video consultations, phone calls, and mobile apps. Teladoc offers
a broad range of services, including primary care, mental health, and specialist
consultations.
- Key Offerings: Telemedicine, mental health services,
chronic care management, and telehealth platforms.
2. Amwell (American
Well Corporation)
- Overview: Amwell is a prominent telehealth company
that connects patients with healthcare providers through its platform. It
provides services for urgent care, behavioral health, and chronic care
management.
- Key Offerings: Telehealth services, telemedicine
platforms, and virtual care solutions for healthcare systems and
employers.
3. MDLive
- Overview: MDLive offers a range of telehealth
services, including virtual consultations with doctors, therapists, and
psychiatrists. It focuses on providing accessible healthcare solutions for
a variety of medical conditions and mental health issues.
- Key Offerings: Telemedicine, behavioral health services,
and virtual consultations.
4. Livongo Health
(a Teladoc Health company)
- Overview: Livongo Health, now part of Teladoc
Health, specializes in chronic disease management. It uses digital tools
and telehealth services to help patients manage conditions like diabetes
and hypertension.
- Key Offerings: Chronic care management, remote
monitoring, and digital health solutions.
5. Doctor on Demand
- Overview: Doctor on Demand provides virtual medical
consultations with board-certified physicians and licensed mental health
professionals. The platform offers services for various medical
conditions, including urgent care, preventive care, and mental health.
- Key Offerings: Virtual care, urgent care, behavioral
health, and preventive services.
6. Zocdoc
- Overview: Zocdoc is a digital health platform that
helps patients find and book appointments with healthcare providers. While
not a telehealth service provider per se, Zocdoc integrates telehealth
options into its platform, facilitating virtual care appointments.
- Key Offerings: Provider discovery, appointment
scheduling, and telehealth integration.
7. Cerner
Corporation
- Overview: Cerner is a major health information
technology company that offers telehealth solutions as part of its
electronic health records (EHR) and health management systems. Cerner's
telehealth services integrate with its EHR platforms to enhance patient
care.
- Key Offerings: Telehealth integration with EHR systems,
remote patient monitoring, and virtual care solutions.
8. Epic Systems
Corporation
- Overview: Epic Systems is a leading provider of
electronic health records and health information technology solutions. Its
telehealth services are integrated into its EHR systems, enabling
healthcare providers to offer virtual care and manage patient interactions.
- Key Offerings: EHR systems with integrated telehealth
solutions, virtual care tools, and patient management.
9. InTouch Health
(a Teladoc Health company)
- Overview: InTouch Health provides telehealth
solutions for hospitals and healthcare systems, including remote
consultations, teleICU services, and telemedicine infrastructure. It
focuses on enhancing clinical care through technology.
- Key Offerings: Telemedicine platforms, remote patient
monitoring, and teleICU solutions.
10. HealthTap
- Overview: HealthTap offers a telehealth platform
that connects patients with doctors for virtual consultations. It provides
services for various health needs, including urgent care, primary care,
and mental health.
- Key Offerings: Virtual doctor consultations,
telemedicine services, and health information resources.
11. Nuance
Communications
- Overview: Nuance Communications provides AI-powered
speech recognition and natural language processing solutions that enhance
telehealth services. Its technology supports virtual consultations and
clinical documentation.
- Key Offerings: Speech recognition, AI-driven clinical
documentation, and virtual care solutions.
12. eVisit
- Overview: eVisit offers a telemedicine platform
designed for healthcare providers to deliver virtual care. Its solutions
focus on integrating telehealth into existing clinical workflows and
enhancing patient engagement.
- Key Offerings: Telemedicine platforms, virtual care
integration, and patient engagement tools.
13. American Well
(Amwell)
- Overview: American Well, now known as Amwell, is a
key player in the telehealth space, offering telemedicine services and
virtual care solutions. Its platform connects patients with healthcare
providers for a variety of needs.
- Key Offerings: Telehealth services, virtual care
solutions, and provider networks.
14. Grand Rounds
- Overview: Grand Rounds offers virtual care and
second opinion services, focusing on providing high-quality medical
consultations and treatment recommendations. It aims to improve patient
outcomes through expert consultations.
- Key Offerings: Virtual care services, second opinion
consultations, and care management.
These companies
represent a broad spectrum of services within the telehealth market, from
technology and platform providers to healthcare delivery services. Their
contributions are shaping the future of telehealth and driving innovation in
remote care solutions.
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