The US telehealth & telemedicine market is projected to reach USD 83.63 billion by 2030 from USD 51.40 billion in 2025, at a high CAGR of 10.2% during the forecast period. The US telehealth & telemedicine market is expanding rapidly as AI-enabled triage, automation, and clinical decision support tools improve the efficiency and accuracy of virtual care delivery. US health systems continue to develop virtual and hybrid care delivery models, and the integration of AI is enhancing scalability, efficiency, and clinical outcomes within telehealth services nationwide. Furthermore, strategic acquisitions within the industry are driving wider adoption across the US by enhancing solution portfolios and expanding advanced telehealth capabilities nationwide. For instance, in October 2025, DocGo (US) acquired SteadyMD (US) to strengthen its nationwide virtual care capabilities, reflecting growing industry consolidation and a commitment to scaling digital healthcare services across the US.
Two key strategies are propelling growth in the US telehealth & telemedicine market: continuous technological advancements and strategic public-private partnerships. On the innovation front, companies are enhancing AI-integrated solutions, real-time monitoring, and personalized health plans. For example, in April 2023, Teladoc Health (US) added features to its provider-based care program, including weight management and prediabetes, building on existing services for diabetes and hypertension. On the collaboration front, companies are increasingly partnering with hospitals to expand telehealth & telemedicine infrastructure and reach. For instance, in July 2024, Koninklijke Philips N.V. (Netherlands) and Bon Secours Mercy Health (US) formed a multi-year partnership to enhance patient monitoring across 49 hospitals in the US, aiming to improve care quality and reduce costs.
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Prominent players in the market include Medtronic (Ireland), Koninklijke Philips N.V. (Ireland) Teladoc Health, Inc. (US), Cisco Systems, Inc. (US), Siemens Healthineers AG (Germany), Zoom Communications, Inc. (US), Doximity, Inc. (US), GE HealthCare (US), American Well (US), Epic Systems Corporation (US), Included Health, Inc. (US), AMC Health (US), TeleSpecialists (US), Walgreen Co. (US), Caregility (US), CVS Health (US), Evernorth Health, Inc. (US), Elation (US), Iron Bow Technologies (US), Oracle (US).
Medtronic (Ireland) is one of the largest medical technology, services, and solutions companies in the US. It develops, manufactures, and markets medical devices, therapies, and services for the treatment of chronic conditions. The company operates through four business segments: Cardiovascular, Diabetes, Medical Surgical, and Neuroscience. Across all four categories, the organization offers telehealth solutions. In the Cardiac and Vascular segment, it provides goods and services for the diagnosis, treatment, and management of cardiac rhythm problems and CVDs. In the Diabetes segment, it offers continuous glucose monitoring (CGM) devices, insulin pumps, consumables, and diabetes therapy management software. Through its products and Medtronic Care Management Services, Medtronic offers patient-centered software and remote monitoring platforms. The company's telemedicine offerings include the management of heart conditions and diabetes management, specifically glycemic control.
Teladoc Health, Inc. (US) is a comprehensive and integrated virtual telehealth and telemedicine services company that provides solutions across various clinical conditions, ranging from non-critical episodic care to complex chronic care events. It offers telehealth solutions, expert medical services, behavioral health solutions, guidance and support, and platform and program services. The company operates through two segments: Teladoc Health Integrated Care and BetterHelp. Teladoc Health Integrated Care offers virtual medical services to health plans, employers, and health systems. BetterHelp offers virtual mental health and other wellness services. The company provides services to nearly 450 medical subspecialties, including diabetes care, cancer care, and congestive heart failure services.
Koninklijke Philips N.V. (Netherlands) is a diverse technology-based company operating in the consumer lifestyle and healthcare industries. The company has a substantial presence in home healthcare, acute care, and cardiac care. The company's four business segments are Personal Health, Diagnosis & Treatment, Connected Care, and Others. Enterprise Informatics, Monitoring, and Sleep & Respiratory Care are divisions within the Connected Care sector, which encompasses telehealth and telemedicine services. Both patients and providers use telehealth technologies.
MARKET RANKING
The US telehealth & telemedicine market is highly fragmented, with five leading players collectively holding 10-15% of the total market share. The ranking of companies in the US telehealth & telemedicine market was determined through a market share analysis conducted after extensive secondary research and validated by primary respondents across the US. This ranking reflects parameters such as regional revenue contribution from telehealth & telemedicine, the breadth and depth of product portfolios tailored to US telehealth, regulatory readiness, and the pace of innovation and solution deployment. Based on this assessment, the leading players in the US telehealth & telemedicine market include Medtronic (Ireland), Koninklijke Philips N.V. (Ireland), Teladoc Health, Inc. (US), American Well (US), and Doximity, Inc. (US). These companies leverage strong R&D capabilities, deep integration with US healthcare systems, and continuous advancements in digital solutions, workflow orchestration, analytics, and cloud-based solutions.
Related Reports:
US Telehealth & Telemedicine Market by Function (Clinical Care, Teleconsult, RPM, Patient Engagement, Analytics), Application (TeleICU, Teleradiology, Telecardiology, Diabetes), Age (Adult, Pediatric), End User (Hospital, Payer, ASC) - Forecast to 2030
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