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Global Virtual Care Market to Surge: From $7.9 Billion in 2023 to $24.1 Billion by 2030 at a 19% CAGR | Valuates Reports

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BANGALORE, India, April 25, 2025 /PRNewswire/ — Virtual Care Market is Segmented by Type (Hospital-at-Home (HaH), Remote Therapeutic Monitoring (RTM), Remote Patient Monitoring (RPM), Chronic Care Management (CCM)), by Application (Community, Hospital, Home).

The Global Virtual Care Market was valued at USD 7900 Million in 2023 and is anticipated to reach USD 24140 Million by 2030, witnessing a CAGR of 19.0% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Virtual Care Market:

The virtual-care market is expanding rapidly because it solves three converging pressures on global health systems: soaring chronic-disease prevalence, chronic clinician shortages, and rising cost constraints. High-speed broadband, cloud platforms, and consumer wearables now deliver hospital-grade monitoring and video consultations directly to patients’ homes, slashing readmissions and facility overhead while maintaining clinical visibility. Permanent reimbursement parity, value-based payment models, and clearer telehealth regulations have removed financial and legal barriers, unlocking capital spending by providers and payers alike. Meanwhile, AI-powered triage, interoperable APIs, and cybersecurity advances streamline workflows and elevate patient safety, making virtual modalities not just a contingency plan but an indispensable, cost-effective pillar of mainstream healthcare delivery.

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TRENDS INFLUENCING THE GROWTH OF THE VIRTUAL CARE MARKET:

Remote Patient Monitoring (RPM) is a foundational catalyst for virtual care because it extends observation beyond hospitals, capturing biometrics via connected sensors. Insurers reimburse RPM when it cuts readmissions, compelling adoption. Cloud analytics convert raw streams into risk-stratified alerts, freeing specialists. Manufacturers earn subscription revenue on connectivity and dashboards, stabilizing margins. Seamless EHR integration elevates RPM’s impact across chronic-disease management, post-surgical follow-up, and geriatric pathways at population scale.

Hospital-at-Home (HaH) programs relocate acute-level treatments such as IV antibiotics, oxygen therapy, continuous telemetry into residences, freeing inpatient beds and lowering infection risk. Logistics and on-demand nursing enable same-day delivery of pumps and imaging. Payers favor HaH because episode costs drop up to forty percent, while satisfaction rises. Providers integrate teleconsultations, wearables, and AI alerts to maintain oversight. HaH proves virtual care’s safety and efficacy across urban, suburban, and rural settings worldwide today.

The hospital segment is a pivotal revenue engine: integrated delivery networks use tele-ICU dashboards, e-consult portals, and AI triage bots to spread expertise. Capital budgets for digital transformation fund enterprise telehealth suites and secure data centers. Teaching hospitals embed telemedicine in curricula, cultivating a workforce versed in virtual workflows while facilitating seamless patient handoffs across the continuum of care.

Machine-learning algorithms embedded in virtual-care platforms screen symptoms, wearable streams, and medical histories, triaging patients, routing them to appropriate clinicians, and recommending evidence-based interventions. Automation reduces cognitive load, allowing scarce specialists to focus on complex cases, effectively stretching workforce capacity. Clinical validation studies show concordance rates rivalling experienced physicians for common ailments, bolstering trust. Vendors monetise AI modules through per-member subscriptions and outcome-based contracts, creating recurring revenue. Regulators have published adaptive-algorithm guidance, clarifying compliance and reducing go-to-market risk. As AI triage lowers wait times and improves outcomes, institutions embed it deeper into care pathways, further normalising virtual modalities across primary, acute, and chronic settings.

Aging populations and clinician burnout have created substantial workforce gaps worldwide, forcing health systems to seek scalable service models. Virtual modalities enable one physician to supervise multiple facilities or allied professionals remotely, maximising utilisation. Multistate licensing compacts and cross-border telehealth accords extend practitioner reach, while tele-rounding software offsets staffing deficits without compromising quality. Hospital boards increasingly view telehealth as a workforce multiplier rather than discretionary IT spend, allocating capital accordingly. Start-ups offering remote specialist networks attract venture funding, fuelling continuous platform innovation. Flexible scheduling through virtual shifts elevates job satisfaction and retention, easing burnout and ensuring sustained clinician engagement with digital-care ecosystems.

Post-pandemic policy reforms established reimbursement parity between telehealth and in-person visits across many jurisdictions. Medicare, NHS Digital, and Australia’s MBS now pay comparable rates, dismantling historic financial disincentives. Malpractice insurers offer standard telehealth riders, reducing legal ambiguity. Regulations also permit cross-state and cross-country consultations, opening new patient pools. Value-based payment models incorporate remote-monitoring metrics, rewarding proactive interventions that prevent hospitalisations. This clearer, incentive-aligned environment stabilises revenue projections, encouraging providers to commit capital to enterprise-wide virtual-care deployments and long-term clinical protocols.

Life-expectancy gains create larger cohorts managing multiple chronic diseases, a demographic ideally suited to continuous digital engagement. Remote vital-sign tracking, medication reminders, and video check-ins reduce travel burdens and infection exposure for frail patients. Public-health forecasts warn that caregiver shortfalls could reach Millions within a decade unless virtual care scales. Elder-friendly UI designs—voice controls, large fonts, haptic alerts—boost adherence, while shared dashboards let families support relatives remotely. Insurers bundle home modifications and telecare into hybrid plans, expanding revenue streams. National longevity strategies increasingly position virtual care as a cornerstone for aging-in-place initiatives.

Consumer wearables and at-home diagnostics funnel high-resolution physiological data into virtual platforms, enabling early detection and personalised coaching. Technology giants popularise new sensors such as skin temperature, sleep staging, arrhythmia screening which in turn driving mainstream adoption. FDA de novo clearances for over-the-counter diagnostics shorten launch cycles. Retail pharmacies monetise data interpretation via subscription models, adding revenue pillars. Open APIs ease integration with provider dashboards, reducing manual data entry and errors. Payers subsidise hardware to reduce downstream acute-care costs, widening access and reinforcing the consumerization of healthcare.

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VIRTUAL CARE MARKET SHARE:

North America commands the largest share, aided by reimbursement and broadband. Europe follows, with Scandinavia and the UK pioneering integrated pathways, and the EU Digital Health Act unlocking growth.

Asia-Pacific posts the fastest CAGR, led by China’s telehealth super-apps and India’s digital mission, despite rural gaps.

Key Companies:

MDLIVEAMD Global TelemedicineCHI HealthTHA GroupTeladoc HealthAmazonAppleAmwellDoctor on DemandAmerican WellAT&T IncKoninklijkePhilips

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

Virtual-First Care Market was estimated to be worth USD 753 Million in 2023 and is forecast to a readjusted size of USD 1152.8 Million by 2030 with a CAGR of 6.3% during the forecast period 2024-2030.

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Virtual Dental Consultation Tools Market was valued at USD 356 Million in the year 2023 and is projected to reach a revised size of USD 768 Million by 2030, growing at a CAGR of 12.3% during the forecast period.

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SSC SECURITY SERVICES CORP. ANNOUNCES SHAREHOLDER APPROVAL OF PREVIOUSLY ANNOUNCED PLAN OF ARRANGEMENT

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REGINA, SK, July 22, 2026 /CNW/ — SSC Security Services Corp. (TSXV: SECU) (US: SECUF) (“SSC” or the “Company”) today announced the voting results from its special meeting of holders (the “Shareholders”) of common shares (the “Shares”) of the Company held today (the “Meeting”) in connection with the previously announced plan of arrangement under the Business Corporations Act, 2021 (Saskatchewan) (the “Arrangement”), pursuant to which Universal Protection Service, LP (the “Parent”), through its wholly-owned subsidiary, 102236724 Saskatchewan Ltd. (the “Purchaser”, and together with the Parent, “Allied Universal”), will acquire all of the issued and outstanding Shares for $4.4075 per Share in cash, and pursuant to which certain officers and directors of the Company (the “Management Purchasers”) will purchase the Company’s legacy assets and cyber security business in a management buy-out transaction (the “MBO” and collectively with the Arrangement, the “Transaction”).

The Arrangement requires (i) the approval of 66 2/3% of the votes cast by Shareholders (including the Management Purchasers) present or represented by proxy and entitled to vote at the Meeting and (ii) the approval of a simple majority (more than 50%) of the votes cast by Shareholders present or represented by proxy and entitled to vote at the Meeting, other than the Management Purchasers and any other person required to be excluded from such vote for the purpose of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (the “Minority Shareholders”). At the Meeting, the resolution approving the Arrangement was approved by (i) 99.99% of the votes cast by Shareholders, and (ii) 99.97% of the votes cast by the Minority Shareholders.

Remaining Conditions to Completion of the Arrangement

Completion of the Transaction remains subject to the satisfaction or waiver of certain closing conditions that are set out in the arrangement agreement entered into between the Company and Allied Universal on May 26, 2026 (the “Arrangement Agreement”), including receipt of final court approval and approval of the TSX Venture Exchange. SSC intends to seek a final order (the “Final Order”) of the Court of King’s Bench for Saskatchewan to approve the Arrangement at a hearing to be held on July 27, 2026.

Subject to obtaining the Final Order and the satisfaction or waiver of the remaining conditions in the Arrangement Agreement, the Transaction is anticipated to close on July 31, 2026.

About SSC

SSC Security Services Corp. is Canada’s largest publicly traded security company. SSC acts as a public holding company investing in physical, electronic and cyber security businesses. The Company has one wholly-owned operating subsidiary: Logixx Security Inc., which provides physical, electronic and cyber security services to primarily commercial, industrial and public sector clients. The Company’s clients include federal and provincial governments, Crown corporations, and many high-profile corporate and public sector clients such as hospitals, airports, utility companies and police forces.

Forward Looking Statements

This release includes forward-looking statements concerning the future results, future performance, intentions, objectives, plans and expectations of the Company. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words and phrases (including negative and grammatical variations) or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risks, uncertainties affecting SSC, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of SSC. Without limiting the generality of the foregoing, this release contains forward-looking statements pertaining to: the anticipated timing of the Transaction; receipt of required court and stock exchange approvals; satisfaction of closing conditions; and the anticipated effective date of the Arrangement. Risks and uncertainties that could cause actual results to differ materially include: failure to obtain court or stock exchange approvals; failure to satisfy closing conditions; failure of the parties to complete the Transaction for any reason, including termination of the Arrangement Agreement; legal challenges to the Arrangement; and risks and uncertainties discussed in SSC’s disclosure documents filed on SEDAR+ at www.sedarplus.ca. Forward-looking statements are not guarantees of future performance. These forward-looking statements should not be relied upon as representing the views of SSC as of any date after the date of this Release. Although SSC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained in this Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this Release are made as of the date of this Release and SSC does not undertake to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE SSC Security Services Corp.

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GMI Cloud Announces Strategic Compute Collaboration With NVIDIA

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The collaboration advances GMI Cloud’s selective partnership strategy and supports its next phase of AI infrastructure growth

MOUNTAIN VIEW, Calif., July 22, 2026 /PRNewswire/ — GMI Cloud, a leading AI-native cloud provider delivering high-performance GPU infrastructure and inference services, today announced a strategic collaboration with NVIDIA as part of its selective approach to building long-term compute partnerships.

In support of this strategy, GMI Cloud has committed $500 million in CapEx to expand its compute capabilities and serve growing customer demand. The commitment represents a significant investment in the company’s next phase of infrastructure development.

GMI Cloud has also secured nine-figure contracts with a leading U.S. frontier AI enterprise, providing a strong commercial foundation for its continued growth.

GMI Cloud is pursuing a selective partnership model centered on a limited number of strategic relationships. The collaboration builds on GMI Cloud’s continued partnership with NVIDIA and brings together long-term compute planning with contracted customer demand.

GMI Cloud is among the earliest cloud providers to adopt this new compute partnership model, marking an important step in the company’s expansion and partnership strategy.

The $500 million CapEx commitment, nine-figure customer contracts, and selective partnership strategy establish the foundation for GMI Cloud’s next stage of growth. The company is set to continue this trajectory as it expands its compute capabilities and supports the evolving needs of frontier AI customers. For more information, visit www.gmicloud.ai.

About GMI Cloud
GMI Cloud is an AI-native cloud infrastructure company powering the next generation of AI applications. The company provides high-performance GPU infrastructure, Model-as-a-Service, dedicated endpoints, and AI workload deployment solutions for developers and enterprises building production AI systems. GMI Cloud helps teams move from experimentation to production with scalable compute, flexible infrastructure, and an ecosystem built for modern AI builders. For more information visit gmicloud.ai.

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SOURCE GMI Cloud

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ROKFORM Launches Rugged Case for Samsung Galaxy Z Fold8 and Z Fold8 Ultra

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Complete foldable protection with six-foot drop rating, MAGMAX ™ magnetic grip, and RokLock ® twist-lock mounting

IRVINE, Calif., July 22, 2026 /PRNewswire/ — ROKFORM today launched its Rugged Case for the Samsung Galaxy Z Fold8 and Galaxy Z Fold8 Ultra. Built with a slim, two-piece shell design — not just a backplate — the Rugged Case delivers six-foot drop protection, full hinge coverage, and secure RokLock® mounting across both foldable models.

“Users get the full ROKFORM experience with the Rugged Case, including incredible drop protection, RokLock® mounting, and MAGMAX™ magnetic strength, all in a design built specifically around the unique needs of a foldable device,” said Jeff Whitten, ROKFORM CEO.

The two-piece shell locks together to protect the outer screen, back, and spine of the Galaxy Z Fold8. In addition, the case is engineered to guard one of the most critical and vulnerable components on foldable phones — the hinge — from drops and impacts with full hinge coverage. The case exceeds military-grade drop protection standards from six feet, with a dual-layer build and reinforced corners designed to absorb real-world impact.

ROKFORM’s patented RokLock® twist-lock system delivers rock-solid, wobble-free connection to ROKFORM’s full ecosystem of car, bike, and motorcycle mounts. Combined with MAGMAX™ magnets, which deliver 3x more holding strength over standard MagSafe® magnets, users get an ultra-secure magnetic grip for mounting and use with other accessories.

The case is compatible with ROKFORM wireless chargers and compatible wireless charging accessories.

The Rugged Case for the Samsung Galaxy Z Fold8 and Z Fold8 Ultra retails for $79.99 and will be available August 5, 2026 at rokform.com.

About ROKFORM:
Founded in 2010, ROKFORM’s small but dedicated team has bootstrapped its way to becoming a leader in the design and manufacturing of innovative consumer electronics products. It is based in Irvine, California. With nearly 20 patents, ROKFORM remains a leader in the premium active lifestyle consumer electronics niche, with innovative designs to protect and enhance the world’s mobile devices. Products are designed and shipped directly from California headquarters, and customers can visit ROKFORM’s showroom to experience them. Learn more at rokform.com.

Contact:
Haley Lush
775-204-7975
419258@email4pr.com

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SOURCE ROKFORM

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