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Telehealth Market size is set to grow by USD 368.7 billion from 2024-2028, Increasing cases of chronic diseases boost the market, Technavio

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NEW YORK, July 30, 2024 /PRNewswire/ — The global telehealth market size is estimated to grow by USD 368.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 40.06% during the forecast period. Increasing cases of chronic diseases is driving market growth, with a trend towards growing demand for technology. However, privacy and data security concerns poses a challenge. Key market players include Aerotel Medical Systems Ltd., American Well Corp., Appello Careline Ltd., Cisco Systems Inc., Dictum Health Inc., Enghouse Systems Ltd., Evernorth Health Inc., General Electric Co., GlobalMedia Group LLC, Hewlett Packard Enterprise Co., Honeywell International Inc., Included Health Inc., Iris Telehealth, Koninklijke Philips N.V., Medvivo Group Ltd., Oracle Corp., Resideo Technologies Inc., Siemens AG, Teladoc Health Inc., and Tunstall Healthcare Group Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Telehealth Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 40.06%

Market growth 2024-2028

USD 368.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

31.43

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 33%

Key countries

US, UK, China, Germany, and Japan

Key companies profiled

Aerotel Medical Systems Ltd., American Well Corp., Appello Careline Ltd., Cisco Systems Inc., Dictum Health Inc., Enghouse Systems Ltd., Evernorth Health Inc., General Electric Co., GlobalMedia Group LLC, Hewlett Packard Enterprise Co., Honeywell International Inc., Included Health Inc., Iris Telehealth, Koninklijke Philips N.V., Medvivo Group Ltd., Oracle Corp., Resideo Technologies Inc., Siemens AG, Teladoc Health Inc., and Tunstall Healthcare Group Ltd.

Market Driver

The telehealth market is experiencing significant growth due to the healthcare industry’s technological advancements. Healthcare professionals are utilizing these technological tools to deliver effective, remote patient care. Mobile health (mHealth) is a leading technological approach, driven by wireless communications, allowing healthcare providers to monitor patients’ medical conditions and communicate easily. Research institutes are focusing on developing advanced mHealth technology, such as sensor-embedded toilet seats, for remote patient monitoring (RPM). AI, machine learning, and the Internet of Things (IoT) are essential tools for healthcare providers to enhance medical decision-making and streamline the healthcare system. The adoption and integration of these analytical tools are increasing due to improved patient care in less time, intelligent assistance for tracking and assessing healthcare data, and increased RPM capabilities. Vendors are expanding their analytical tools’ capabilities and integrating them with telehealth solutions to offer superior healthcare services. For instance, Philips’ Sentry Score, a predictive algorithm for adult intensive care units (ICUs), uses vital sign data to predict patient health risks, enabling earlier intervention. These factors are expected to fuel the global telehealth market’s growth during the forecast period. 

Telehealth market is booming with trends like Physician Telehealth and Home Telehealth leading the way. Telecommunications and digital technology enable Virtual consultations, Remote monitoring, Teletherapy, Telepharmacy, and Telemedicine. Healthcare providers use these tools for Cardiovascular diseases, Diabetes, Respiratory illnesses, and Musculoskeletal conditions monitoring. Vital signs are tracked via Mobile health applications and mHealth applications. Wearable devices and Health monitoring tools provide real-time data. Electronic Health Records and Remote monitoring platforms streamline healthcare provider systems. Hospitals, Clinics, and Service providers offer cost-effective solutions. Deep learning, Machine learning, and AI functionalities add personalization. Patient outcomes improve for Cancer prevalence through web-based delivery mode. Healthcare systems and professionals adopt AI to enhance services. 

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Market Challenges

Telehealth has emerged as a valuable alternative to conventional healthcare delivery methods, leveraging technological advancements to expand the reach and quality of patient care. Patient data, including health details and clinical information, is crucial for effective telehealth services. This data is gathered from medical devices and mobile applications for remote monitoring. Security and confidentiality are paramount in telehealth, with regulations like HIPAA ensuring protection of medical records shared with third parties. However, threats such as unauthorized access, data breaches, and hacking pose challenges to the telehealth industry’s growth. Adherence to regulatory guidelines, like HIPAA, is essential for secure communication channels between healthcare professionals and patients. Despite these challenges, the telehealth market continues to expand, offering significant opportunities for innovation and improved patient care.Telehealth market is witnessing significant growth as healthcare providers seek cost-effective solutions for delivering services during the ongoing health crisis. Deep learning and machine learning technologies, along with AI functionalities, are driving personalized care and improving patient outcomes. Hospitals and clinics are adopting telehealth for remote patient monitoring, especially for chronic diseases like cancer. Service providers in the radiology and psychiatry segments are leveraging teleradiology and online consultation, respectively. The provider, payers, and geriatric population segments are major buyers of telehealth solutions. Hardware and software integrated systems are key offerings, with group purchase and individual purchase options available for hospitals, clinics, and healthcare professionals. Telehealth solutions include real-time online consultation, store-and-forward, remote patient monitoring, and specialized services like pathology, neurology, dermatology, surgery, gynecology, orthopedics, and ophthalmology. Digital health companies are focusing on AI adoption, web-based delivery mode, and real-time patient monitoring to cater to the growing demand for healthcare services.

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Segment Overview 

This telehealth market report extensively covers market segmentation by  

Product 1.1 Services1.2 SolutionsEnd-user 2.1 Healthcare providers2.2 Payers2.3 PatientsGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Services-  The telehealth market is growing significantly as more businesses adopt remote healthcare solutions. This trend is driven by the convenience and accessibility telehealth offers, allowing patients to consult with healthcare professionals from the comfort of their homes. Telehealth services include virtual consultations, remote monitoring, and electronic prescription services, which improve patient care and reduce healthcare costs. Companies are investing in telehealth technology to meet the increasing demand for remote healthcare services.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Telehealth market is revolutionizing healthcare services by providing cost-effective solutions for hospitals, clinics, radiology, cardiology, behavioral health, and various specialties. Leveraging advanced technologies like deep learning and machine learning, telehealth offers AI functionalities for personalized patient care. Online consultation, patient monitoring, and real-time remote healthcare solutions are transforming the management of chronic diseases. Telecommunication or services and software, integrated with hardware, form the backbone of this industry. Cloud-based delivery mode and on-premise delivery modes cater to diverse client needs. Group purchase and individual purchase options make telehealth accessible to all. The market encompasses store-and-forward and remote patient monitoring systems, catering to the needs of various healthcare sectors.

Market Research Overview

The Telehealth market encompasses a range of healthcare services delivered via digital technology, including radiology, psychiatry, cardiology, behavioral health, and more. This sector offers cost-effective solutions through AI functionalities such as deep learning and machine learning, enabling personalized care for hospitals, clinics, and service providers. Patient outcomes are improved through real-time online consultation, remote patient monitoring, and store-and-forward systems. The market caters to various segments like providers, payers, and the geriatric population. Radiology and teleradiology are significant segments, with telecommunications and digital technology playing crucial roles. AI adoption in telehealth is transforming sectors like pathology, neurology, dermatology, surgery, gynecology, orthopedics, and ophthalmology. Telehealth solutions are beneficial for chronic diseases management, including cardiovascular diseases, diabetes, respiratory illnesses, and musculoskeletal conditions. Telehealth encompasses hardware, software, and integrated systems for group and individual purchase. It includes general consultation, virtual consultations, teletherapy, telepharmacy, and telemedicine. Healthcare providers leverage telehealth for remote monitoring of vital signs using mHealth applications and wearable devices, enhancing the overall efficiency of healthcare systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductServicesSolutionsEnd-userHealthcare ProvidersPayersPatientsGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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