Asia-Pacific Telehealth Market to be Worth $176.63 Billion by 2030

Meticulous Research®, a leading global market research company, has released a report titled "Asia-Pacific Telehealth Market by Component (Hardware [Peripheral Devices, Monitor], Software [Cloud, On-premise], Services [Real-time, Remote Monitoring]), Application (Radiology, Cardiology, Psychiatry), End User (Provider, Payer, Patient) – Forecast to 2030."
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According to the report, the Asia-Pacific telehealth market is projected to achieve a value of $176.63 billion by 2030, growing at a CAGR of 24.2% during the forecast period. The market's expansion is primarily driven by factors such as the shortage of healthcare professionals, supportive government policies, an aging population with chronic conditions, increasing digitalization, and growing awareness of telehealth benefits. Furthermore, advancements like telerobots, artificial intelligence, and virtual assistants are expected to create additional growth opportunities. However, challenges such as technical complexities, security issues, regulatory hurdles, and limitations related to physical examinations and patient confidentiality may partially hinder market growth.