Top 30 Global Companies in Virtual Care (2025–2035): Competitive Analysis & Forecast
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Virtual Care Market Size is projected to Grow from USD 9.0 Billion in 2024 to USD 107.8 Billion by 2035, at a CAGR of 25.32% during the forecast period 2025–2035. The market for virtual care is being driven by various factors, including rising demand for healthcare services, rising prevalence of chronic diseases, growing patient preferences for convenient care, and advancements in telecommunication technologies.
Introduction
The global virtual care market refers to the remote delivery of healthcare services using digital communication technologies, allowing patients and healthcare professionals to communicate in real time without the constraints of geographical boundaries. Virtual care is largely based on audio and video communication, which enables consultations, follow-ups, and illness management from any place, enhancing accessibility, saving travel time and expenses, and assuring ongoing monitoring for patients with chronic or urgent disorders. It also benefits healthcare providers by expanding their patient base and improving operational efficiency. The expanding use of information technology in healthcare companies is a key market driver, due to high-speed internet, contemporary mobile devices, and secure digital platforms that enable real-time consultations, messaging, and extensive patient monitoring. Furthermore, the combination of artificial intelligence and data analytics improves diagnosis accuracy, allows for individualized treatment regimens, and promotes informed decision-making. Virtual care systems solve logistical problems, giving patients quicker access to healthcare specialists and minimizing the need for in-person visits. Overall, virtual care is transforming healthcare delivery by enhancing efficiency, improving patient outcomes, extending access to quality treatments, and closing gaps between patients and clinicians throughout the world, making it an essential component of modern healthcare systems.
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Virtual Care Market Size & Statistics
- The Market Size for Virtual Care Was Estimated to be worth USD 9.0 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 25.32% between 2025 and 2035.
- The Global Virtual Care Market Size is anticipated to reach USD 107.8 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Virtual Care Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Virtual Care Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the virtual care market. The virtual care market in the Asia Pacific is the fastest-growing, driven by technological advancements, rising healthcare demand, and expanding internet connectivity. Large populations, increasing chronic disease prevalence, limited rural healthcare access, government support, and mobile-health adoption are accelerating virtual care usage across countries like China, India, Japan, and South Korea.
North America is expected to generate the highest demand during the forecast period in the virtual care market. North America leads the virtual care market due to advanced healthcare infrastructure, strong federal support, and high digital literacy. Widespread smartphone use, high-speed internet, government reimbursement programs, and investments by top providers like Teladoc, Amwell, and MDLIVE are accelerating the adoption of virtual care technologies.
Top 10 Trends in the Virtual Care Market
- AI and Machine Learning
- Remote Patient Monitoring (RPM) and Wearables
- Digital Therapeutics (DTx) and Telepharmacy
- Hybrid Care Models
- Augmented Reality (AR) and Virtual Reality (VR)
- Enhanced Cybersecurity
- Cloud Computing
- Data Interoperability
- Direct-to-Patient (D2P) Models
- Telemental Health
1. AI and Machine Learning
Artificial intelligence (AI) and machine learning (ML) are changing virtual care by allowing for predictive analytics, tailored treatment plans, and automated diagnostics. These technologies enable healthcare providers to evaluate patient data, detect early illness indicators, streamline workflows, and make better decisions. The integration of AI and machine learning improves productivity, accuracy, and patient outcomes in telehealth and remote care services throughout the globe.
2. Remote Patient Monitoring (RPM) and Wearables
Remote patient monitoring (RPM) and wearable devices provide continuous observation of vital signs and health parameters outside of clinical settings. These systems assist clinicians in managing chronic illnesses by giving real-time data, detecting difficulties early, and adjusting treatment strategies quickly. Wearables and RPM devices are progressively being linked into virtual care systems, resulting in more patient participation and proactive healthcare delivery.
3. Digital Therapeutics (DTx) and Telepharmacy
Digital therapeutics (DTx) and telepharmacy are transforming treatment and drug management via virtual platforms. DTx provides evidence-based therapies for chronic illnesses, mental health, and rehabilitation, whereas telepharmacy enables remote prescription administration, counseling, and monitoring. These solutions increase access to treatment, improve adherence, and eliminate the need for in-person visits, thereby improving overall healthcare efficiency.
4. Hybrid Care Models
Hybrid care models combine in-person visits with virtual consultations to deliver flexible, patient-centered care. This technique promotes continuity of care, decreases hospitalizations, and improves patient convenience. Healthcare professionals may use virtual platforms for follow-ups, regular monitoring, and education while still providing crucial in-person services for difficult operations, resulting in higher patient satisfaction and treatment outcomes.
5. Augmented Reality (AR) and Virtual Reality (VR)
AR and VR technologies are being used in virtual care for training, surgical planning, rehabilitation, and patient interaction. They provide realistic simulations, real-time supervision, and interactive therapeutic sessions. AR and VR improve clinical accuracy, medical education, and patient adherence, enabling innovative care delivery and changing the way people experience virtual healthcare services throughout the world.
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Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the virtual care market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Virtual Care Market
- American Well
- AMD Global Telemedicine
- CHI Health
- AT&T
- Cerner Corporation
- GE Healthcare
- Koninklijke Philips N.V.
- MDLIVE
- Siemens Healthcare
- United Healthcare Services
- VeeOne Health
- eVisit
- MEDITECH
- Caregility
- Teladoc Health
- Doctor on Demand
- Cerner Corporation
- Philips Healthcare
- Babylon Health
- Biotelemetry
- GlobalMedia Group
- Resideo Life Care Solutions
- Medtronic
- InTouch Technologies
- Amwell
1. American Well
Headquarters: Boston, USA
American Well, based in Boston, USA, and with operations in over 50 countries, is a prominent telehealth service that provides comprehensive virtual care platforms that link patients with healthcare experts via secure video and mobile solutions. The firm offers urgent care, chronic illness management, mental health services, and telemedicine integration to healthcare systems. American Well helps healthcare institutions efficiently extend and scale virtual care services by emphasizing accessibility, convenience, and patient-centered care. Its systems enhance care delivery, improve patient outcomes, and enable clinicians to manage remote consultations more efficiently, making it a prominent player in the global virtual care industry.
2. AMD Global Telemedicine
Headquarters: Houston, USA
AMD Global Telemedicine, based in Houston, Texas, and with operations in more than 40 countries, provides comprehensive telehealth solutions such as virtual care platforms, remote monitoring systems, and integrated healthcare software. The organization helps hospitals, clinics, and distant healthcare facilities by providing rapid consultations, chronic illness management, and emergency treatment. AMD Global Telemedicine improves healthcare delivery and results by focusing on technology-driven care, increased patient participation, and accessibility for underprivileged groups. Its products enable efficient remote care, lower barriers to medical services, and assist healthcare providers in managing patient care more efficiently, cementing AMD's position as a significant participant in the worldwide virtual care industry.
3. CHI HEALTH
Headquarters: Omaha, USA
CHI Health is a healthcare network headquartered in Omaha, Nebraska, with operations in over 30 countries. It provides virtual care services such as telemedicine consultations, remote monitoring, and digital patient interaction. Their virtual care solutions are designed to increase accessibility, minimize hospital visits, and improve healthcare outcomes. By combining innovative telehealth technology, CHI Health allows patient-centered care across numerous healthcare institutions, allowing for fast remote consultations and continuous monitoring. The firm focuses on enhancing patient experiences, streamlining healthcare workflows, and increasing access to excellent treatment, establishing CHI Health as a prominent player in the worldwide virtual care industry.
4. AT&T
Headquarters: Dallas, USA
AT&T, based in Dallas, USA, and operating in over 100 countries, provides telecommunications and digital infrastructure solutions for virtual care delivery. Their secure connectivity, cloud services, and IoT integration enable telemedicine, remote patient monitoring, and AI-powered healthcare solutions. AT&T supports hospitals and health systems globally to create scalable and dependable virtual care platforms. Their emphasis on cutting-edge technology allows smooth communication between patients and healthcare professionals, increases accessibility, and improves the efficiency of remote healthcare services. AT&T's solutions contribute significantly to the worldwide expansion and efficacy of virtual care.
5. Cerner Corporation
Headquarters: Kansas City, USA
Cerner Corporation, with headquarters in Kansas City, Missouri, and operations in over 35 countries, specializes in healthcare information technology and virtual care solutions. They use electronic health records (EHRs), telemedicine services, and data analytics to improve patient care and operational efficiency. Cerner prioritizes interoperability, remote care accessibility, and data-driven decision-making, allowing healthcare practitioners globally to provide more efficient and effective treatment. Cerner's integration of innovative IT solutions enables smoother communication, enhanced clinical processes, and better patient outcomes, propelling it to the forefront of the worldwide virtual care industry.
Are you ready to discover more about the Virtual Care market?
The report provides an in-depth analysis of the leading companies operating in the global Virtual Care market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- American Well
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- AMD Global Telemedicine
- CHI HEALTH
- AT&T
- Cerner Corporation
- GE Healthcare
- Koninklijke Philips N.V.
- MDLIVE
- Siemens Healthcare
- Others.
Conclusion
The global virtual care industry is expanding rapidly, owing to advances in telecommunications technology, AI integration, and rising demand for accessible healthcare. Virtual care allows for virtual consultations, continuous patient monitoring, and individualized therapy, removing geographical boundaries and increasing healthcare efficiency. The increased frequency of chronic illnesses, aging populations, and government backing for digital health infrastructure all drive adoption globally. Healthcare professionals are increasingly using telehealth technologies to improve patient engagement, streamline workflows, and offer timely care. As technology advances and connectivity grows, the virtual care sector is primed for continuous growth, altering the future of healthcare worldwide.
About the Spherical Insights & Consulting
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