As providers grapple with the question of whether telehealth services can provide sufficient care as a substitute for an in-person visit, the global telehealth market is moving forward with or without them. Projections expect the market to multiply by more than 3x by 2025 – to $130.5 billion.
Prior to the COVID-19 pandemic, telehealth was being adopted at a snail's pace. Today, providers have had no choice but to adopt some form of remote communication with their patients in order to stay afloat. Although the pandemic was the catalyst, there have been many factors that have been slowly moving the healthcare industry toward telehealth, the greatest being patient demand.