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Global Pediatric Telehealth Market - Outlook and Forecast 2022-2027
The global pediatric telehealth market, valued at USD 1.98 billion in 2021, is expected to reach USD 6.99 billion by 2027, with a CAGR of 23.40% from 2022 to 2027. The adoption of telehealth services in pediatric care has become a significant trend in recent years, aiming to improve access and quality of healthcare for pediatric patients. It is crucial to ensure that all children receive high-quality healthcare, regardless of their financial resources, health conditions, or geographical locations.
Despite advancements in pediatric care, there are still disparities in healthcare access among the pediatric population. Factors such as geographic maldistribution and economic limitations for primary care pediatricians have limited the availability of medical subspecialties for children. Pediatric telehealth platforms offer a solution to bridge this gap by providing remote access to pediatric care through advanced technology. The demand for pediatric telehealth platforms has particularly increased in the behavioral health segment, as around 22% of children aged 3 to 17 experience emotional, mental, behavioral, and developmental conditions.
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USD 2 billion in 2020
Component, Modality, Delivery Mode, Application, and Geography
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The adoption of pediatric telehealth has brought significant changes to pediatric care delivery systems. The increasing pediatric population coupled with a shortage of pediatricians in many countries has driven the implementation of telehealth services. Telehealth technologies are already being utilized by primary care pediatricians, pediatric surgical specialists, and medical subspecialists, revolutionizing traditional pediatric practices and improving access to care.
The pediatric telehealth market has transformed the healthcare industry by reducing hospital visits, minimizing pediatric patient wait times, lowering infection rates, and alleviating physical discomfort for patients. Furthermore, increased investments in healthcare IT by major stakeholders have contributed to the growth of the telehealth market. The COVID-19 pandemic further accelerated the acceptance and adoption of telehealth services among pediatricians, medical professionals, caretakers, and nurses. Governments implemented new guidelines and regulations to support emergency use and promote innovation in the pediatric telehealth market.
Prior to the pandemic, the adoption of telehealth among pediatricians was limited. However, since March 2020, there has been a rapid transition to telehealth platforms to adhere to social distancing measures and maintain access to care. Telehealth services have alleviated the burden on pediatricians and helped address challenges such as physician shortages. The effectiveness and efficiency of telehealth solutions have facilitated their implementation in various pediatric care settings, including hospitals, childcare centers, and schools.
The future adoption of telehealth solutions is expected to increase gradually, driven by changes in education systems following the COVID-19 crisis. The shift towards digital platforms and screens in education has created opportunities for increased school-based telehealth programs. Key market players can focus on leveraging these programs to drive telehealth adoption.
In the United States, telehealth experienced a significant shift in 2020. Medicare visits through telehealth increased from 840,000 in 2019 to 52.7 million in 2020, representing a 63-fold increase, according to a report from the Department of Health and Human Services. Telehealth delivery has evolved toward the Platform-as-a-Service model, where healthcare providers consolidate multiple telehealth services into a single configurable and customizable platform. Platform-as-a-service is considered the future of healthcare services.
The market is segmented based on various factors, including component, modality, delivery mode, application, and geography.
Segmentation by Component
Segmentation by Modality
Real-Time Virtual Health
Remote Patient Monitoring
Store & Forward
Segmentation by Delivery Mode
Segmentation by Application
Cold, Flu & Fever
Segmentation by Geography
North America – US, Canada
Europe – Germany, France, UK, Italy, Spain, Russia
APAC – China, Japan, India, South Korea, Australia
Latin America – Brazil, Mexico, Argentina
Middle East & Africa – South Africa, Saudi Arabia, Turkey, UAE
The global pediatric telehealth market is divided into services, hardware, and software segments. In 2021, the services segment accounted for the majority market share (50.09%) and dominated the market over the hardware and software segments. Platform-as-a-service (PaaS) has emerged as a new trend in the industry, offering a cost-effective and time-saving solution by delivering hardware and software together.
Among the different modalities, real-time virtual health holds the largest market share and dominates over remote patient monitoring and store & forward segments. Real-time virtual visits, including video visits, audio visits, and chat consultations, are conducted using personal devices such as laptops, tablets, smartphones, and desktops. The availability of professionals and the ability to provide a real-time view of the patient and their condition contribute to excellent care delivery, resulting in a positive attitude towards telehealth services.
Web/app-based delivery mode is the most popular in the pediatric telehealth market. Factors such as increasing smartphone use, growing internet connectivity, and affordable prices drive the growth of this segment.
In terms of applications, the respiratory disease segment accounted for the highest market share (19.66%) in 2021. Respiratory conditions such as asthma, COPD, inflammation, pneumonia, bronchitis, RSV infections, and whooping cough are commonly addressed through pediatric telehealth consultations.
North America is the leading market for pediatric telehealth, with a market share of 44.15% in 2021. The region’s well-established healthcare systems, robust IT infrastructure, increasing awareness, and adoption of telehealth services, along with factors like the COVID-19 pandemic and pre-healthcare check-ups, contribute to its growth. The United States, in particular, has high adoption rates due to its high expenditure capacity, well-developed IT systems, high internet penetration, lower rural population, and acceptance of technology by healthcare providers and parents.
Europe, with the UK leading the way, is also a significant adopter of pediatric telehealth services. The region benefits from factors such as high literacy rates, frequent medical care needs for children, high socioeconomic development, and underserved rural communities.
In the APAC region, Japan, China, and Australia have a higher market share. Japan’s well-developed technology infrastructure supports the implementation of pediatric telehealth services in healthcare systems and among the patient population. Private hospitals in Asia, particularly in India, have invested in telehealth kiosks, such as those by Apollo Hospitals, which boost the pediatric telehealth market in the region.
AMD Global Telemedicine, Amwell Corporation, Koninklijke Philips, Teladoc Health, and Vivify Health are prominent industry leaders in the global pediatric telehealth market, providing telehealth platforms on a global scale. These companies engage in significant competition at the global level.
Other players such as KiddieRX, SparkMD, Pediatric Associates, Anytime Pediatrics, Science Soft USA Corp, MDLIVE, Tytocare, and others focus explicitly on developing pediatric telehealth systems, intensifying the competitiveness in the market.
The presence of specialized software and solution providers adds to the competitive landscape and exerts pricing pressures on major vendors. As a result, price declines may occur in specific product segments, which can potentially impact sales, profitability, and market share of key vendors.
To establish themselves as leading pediatric telehealth platforms globally, vendors are investing in integrated technology platforms, high-quality provider networks, sophisticated consumer engagement strategies, and well-established distribution channels. They aim to build strong brand images and client relationships. Technological advancements have played a crucial role in transforming the telehealth market worldwide.
Amwell stands out as one of the key market players in pediatric care, offering telehealth services that address provider shortages, improve access to pediatric care, and ensure continuity of care for children through their pediatric telehealth platform.
AMD Telemedicine is another leading supplier of comprehensive telehealth solutions, encompassing specialized medical devices, telemedicine carts & systems, and encounter management software. With over 26 years of experience, they provide high-quality products and cutting-edge telehealth solutions.
Key companies profiled in this report include AMD Global Telemedicine, American Well, Koninklijke Philips, KiddieRX, Teladoc Health, Vivify Health, Anytime Pediatrics, A&D Company, AT&T, athenahealth, Alpha Medical, CHI Health, Doctor On Demand, edgeMED Healthcare, eVisit, Genome Medical, HealthTap, iCliniq, Medtronic, MDLIVE, Pediatric Associates, Remedy Connect, sparkMD (Blueberry Pediatrics), ScienceSoft USA, TytoCare, Walmart Health Virtual Care.
Recent Industry Developments
In 2021, the U.S. Department of Health & Human Services (HHS) announced the allocation of USD 10.7 million in funding from the American Rescue Plan under the Biden Administration. The funding was designated to support the integration of pediatric telehealth services. The National Center for Advancing Translational Sciences (NCATS) in the U.S. oversees the funding network aimed at enhancing pediatric care across the country.
In 2022, the NCATS awarded $3.6 million in capital funding to a team of researchers involved in SPROUT (Supporting Pediatric Research on Outcomes and Utilization of Telehealth). This initiative further promotes the utilization of telehealth in pediatric care and contributes to ongoing advancements in the field.
Key Questions Answered
What is the projected growth of the global pediatric telehealth market?
The global pediatric telehealth market is projected to experience significant growth, with a valuation of USD 1.98 billion in 2021 expected to reach USD 6.99 billion by 2027.
What is the growth rate of the global pediatric telehealth market?
The global pediatric telehealth market is experiencing a compound annual growth rate (CAGR) of 23.40% from 2022 to 2027.
Who are the major players in the global pediatric telehealth market?
Key players in the global pediatric telehealth market include AMD Global Telemedicine, American Well, Koninklijke Philips, KiddieRX, Teladoc Health, and Vivify Health.
Which region dominates the global pediatric telehealth market share?
North America holds the largest market share in the global pediatric telehealth market, accounting for 44.15% in 2021. Factors such as increasing awareness, high rate of technology adoption, the impact of the COVID-19 pandemic, and pre-healthcare check-ups contribute to the region’s growth in the pediatric telehealth market.
What are the latest trends in the global pediatric telehealth market?
Some of the latest trends in the global pediatric telehealth market include the expansion of telehealth services in response to COVID-19, a shift towards Platform-as-a-Service (PaaS), and the use of virtual consultations for pediatric treatments.