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Stock impact report

U.S. Telemedicine Market to Quadruple in Size, Reaching USD 395.6 Billion by 2034 | Psychiatry Held the Largest Share at 30.2% in 2024; Growing Demand for Virtual Mental Health Consultatio...

American Well Corporation Class A (AMWL) 
Company Research Source: Yahoo! Finance
Telemedicine Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering. The U.S. Telemedicine Market was valued at USD 81 billion in 2024, and is projected to reach USD 395.6 billion by 2034, rising at a CAGR of 17.3%. The increasing preference for remote healthcare services is driving this rapid growth, with digital health technologies playing a pivotal role in transforming the industry. As the healthcare landscape evolves, telemedicine is emerging as a crucial solution for providing accessible, cost-effective, and timely medical care. The adoption of virtual healthcare has surged, fueled by advancements in telecommunication infrastructure, AI-powered diagnostics, and seamless integration of electronic health records. Healthcare providers, insurers, and technology companies are heavily investing in telemedicine platforms, enhancing patient engagement, reducing operational costs, and optimizing Show less Read more
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