U.S. Telehealth Market Size & Outlook, 2026-2031
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U.S. telehealth market highlights
- The U.S. telehealth market generated a revenue of USD 28,282.3 million in 2025 and is expected to reach USD 51,362.5 million by 2031.
- The U.S. market is expected to grow at a CAGR of 10.2% from 2026 to 2031.
- In terms of segment, psychiatry was the largest revenue generating disease area in 2025.
- Psychiatry is the most lucrative disease area segment registering the fastest growth during the forecast period.
Telehealth market data book summary
| Market revenue in 2025 | USD 28,282.3 million |
| Market revenue in 2031 | USD 51,362.5 million |
| Growth rate | 10.2% (CAGR from 2026 to 2031) |
| Largest segment | Psychiatry |
| Fastest growing segment | Psychiatry |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2031 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiology, Gynecology, Psychiatry, Radiology, Endocrinology, Dermatology, Gastroenterology, Oncology, General Medicine, Substance Use, Neurological Medicine, ENT, Others Disease Area, Dental |
| Key market players worldwide | Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Oracle Corp, Siemens Healthineers AG ADR, Medtronic PLC, Teladoc Health Inc, American Well Corp Ordinary Shares - Class A, Evernorth, Doctor On Demand, Global Med Technologies |
Other key industry trends
- In terms of revenue, U.S. accounted for 36.5% of the global telehealth market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2031.
- In North America, U.S. telehealth market is projected to lead the regional market in terms of revenue in 2031.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,324.0 million by 2031.
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Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Global Med Technologies | View profile | 101-250 | Lakewood, Colorado, United States, North America | http://www.globalmedtech.com |
| Doctor On Demand | View profile | 1001-5000 | San Francisco, California, United States, North America | https://www.doctorondemand.com |
| Evernorth | View profile | 10001+ | St Louis, Missouri, United States, North America | https://www.evernorth.com |
| American Well Corp Ordinary Shares - Class A | View profile | 1104 | 75 State Street, 26th Floor, Boston, MA, United States, 02109 | https://business.amwell.com |
| Teladoc Health Inc | View profile | 5600 | 2 Manhattanville Road, Suite 203, Purchase, NY, United States, 10577 | https://www.teladochealth.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
U.S. telehealth market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to telehealth market will help companies and investors design strategic landscapes.
Psychiatry was the largest segment with a revenue share of 14.21% in 2025. Horizon Databook has segmented the U.S. telehealth market based on cardiology, gynecology, psychiatry, radiology, endocrinology, dermatology, gastroenterology, oncology, general medicine, substance use, neurological medicine, ent, others disease area, dental covering the revenue growth of each sub-segment from 2021 to 2031.
The U.S. leads in digitalization of healthcare in North American region owing to advanced healthcare management and innovative software development as well as presence of a large number of players operating across segments, such as mobile & network operations.
Reports suggest that around 82% of the population aged between 18 and 49 years uses smartphones, through which they can access any available digital health technology. In addition, 15% of the population now owns a mobile phone connected to a smart wearable device.
Growing awareness about the available digital health solutions, such as telehealth and mHealth, is driving the adoption rate in the U.S. Rise in younger population that has higher awareness & inclination toward health-related issues and growth in disposable income can be attributed to the high market share.
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Target buyers of U.S. telehealth market databook
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Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. telehealth market , including forecasts for subscribers. This country databook contains high-level insights into U.S. telehealth market from 2021 to 2031, including revenue numbers, major trends, and company profiles.
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U.S. telehealth market size, by product, 2021-2031 (US$M)
U.S. Telehealth Market Outlook Share, 2025 & 2031 (US$M)
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