North American Market Forecast
The virtual healthcare delivery market in North America is estimated to have the largest share of approximately 46% in 2023, propelled by the growing governmental investments in this market. According to our analysis the total investment, in virtual care was worth USD 57 billion in 2021, indicating a YoY increase of 137%. Moreover, with the increase in research and development for producing more efficient and reliable virtual care and healthcare delivery platforms, these demands are expected to fuel the demand for virtual healthcare delivery in the region.
APAC Market Statistics
The Asia Pacific virtual healthcare delivery market is estimated to be the second largest, during the forecast timeframe led by an increase in the adoption of virtual healthcare models, along with the ever-expanding geographical reach of the companies in this industry as this causes a surge in the number of virtual healthcare start-ups along with the growing demand in service launches. For instance, according to the report by the US Department of Health & Human Services (HHS) in February 2022, HHS awarded around USD 55 million to increase virtual healthcare access and quality through community healthcare centers.
Author Credits: Radhika Pawar
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