Israel Telemedicine Market Size & Outlook, 2024-2030
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Israel telemedicine market highlights
- The Israel telemedicine market generated a revenue of USD 406.9 million in 2023 and is expected to reach USD 1,545.4 million by 2030.
- The Israel market is expected to grow at a CAGR of 21% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Telemedicine market data book summary
| Market revenue in 2023 | USD 406.9 million |
| Market revenue in 2030 | USD 1,545.4 million |
| Growth rate | 21% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Twilio Inc Class A, Teladoc Health Inc, Zoom Video Communications Inc |
Other key industry trends
- In terms of revenue, Israel accounted for 0.4% of the global telemedicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa telemedicine market is projected to lead the regional market in terms of revenue in 2030.
- Israel is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,545.4 million by 2030.
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Telemedicine Market Scope
Telemedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zoom Video Communications Inc | View profile | 7420 | 55 Almaden Boulevard, 6th Floor, San Jose, CA, United States, 95113 | https://www.zoom.com |
| Teladoc Health Inc | View profile | 5600 | 2 Manhattanville Road, Suite 203, Purchase, NY, United States, 10577 | https://www.teladochealth.com |
| Twilio Inc Class A | View profile | 5867 | 101 Spear Street, Fifth Floor, San Francisco, CA, United States, 94105 | https://www.twilio.com |
Israel telemedicine 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 telemedicine market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 52.1% in 2024. Horizon Databook has segmented the Israel telemedicine market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Israel telemedicine market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Israel telemedicine market databook
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Our clientele includes a mix of telemedicine 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 Israel telemedicine market , including forecasts for subscribers. This country databook contains high-level insights into Israel telemedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Israel Services - Telemedicine Market, 2024 - 2030 (US$M)
Israel Telemedicine Market Outlook Share, 2024 & 2030 (US$M)
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