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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!

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AdaKami Contributes to National Dialogue on Strengthening Fraud Risk Management

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JAKARTA, Indonesia, April 24, 2026 /PRNewswire/ — The continued rise in digital fraud highlights increasing risks to consumer protection and the sustainability of Indonesia’s digital financial ecosystem. Data from Indonesia Anti-Scam Centre (IASC) under the Financial Services Authority of Indonesia (OJK) recorded over 432,000 digital fraud reports between November 2024 and January 2026, with total losses reaching approximately IDR 9.1 trillion.

In response, AdaKami, a licensed fintech lending platform by OJK, continues to strengthen its fraud risk management framework through enhanced technology capabilities, ongoing user education, and collaborations with stakeholders.

This was reflected at the Executive Policy Collaborative Forum on Handling Digital Fraud and Scams, organized by The Indonesian Digitalization and Cybersecurity Association (ADIGSI) which brought together regulators, cybersecurity authorities, and industry associations including IASC OJK, the National Cyber and Crypto Agency (BSSN), the Indonesia Fintech Lending Association (AFPI), and the Indonesia Fintech Association (AFTECH). The forum underscored the importance of coordinated efforts to strengthen fraud prevention and reinforce the anti-scam governance ecosystem.

Alongside industry and regulatory stakeholders, AdaKami reiterated its commitment and efforts to strengthen fraud prevention, by integrating technology, education, and collaboration as core pillars of consumer protection.

“Fraud and digital scams have evolved into a systemic challenge that requires coordinated action across regulators, industry, and stakeholders,” said Hudiyanto, Head of Secretariat of IASC OJK.

Karissa Sjawaldy, Chief of Public Affairs AdaKami, added: “AdaKami remains committed to strengthening consumer protection by enhancing technology-driven security systems, reinforcing user education, and maintaining close collaboration with regulators and industry partners.”

AdaKami continues to strengthen its security infrastructure through technology advancement, including AI, machine learning, and big data, to protect users on the platform and mitigate  cyber threats. Concurrently, AdaKami recognizes the importance of user awareness in reducing fraud risks. Through ongoing educational initiatives such as the #SelaluWaspada campaign, AdaKami educates users to stay vigilant against evolving fraud schemes, including safeguarding personal information, recognizing common fraud tactics, and engaging only through official verified channels.

AdaKami remains focused on strengthening risk management, enhancing consumer trust, and supporting a more resilient digital financial ecosystem in Indonesia.

***

About AdaKami

Established in 2018, AdaKami is a licensed fintech lending platform in Indonesia, operated by PT Pembiayaan Digital Indonesia and supervised by OJK. AdaKami provides accessible financing through technology-driven, fast, and reliable services, bridging the gap between traditional financial institutions and underserved communities. More information: www.adakami.id

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RWA.LTD Announces Comprehensive Consumer Goods Token Ecosystem Layout at Hong Kong Web3 Festival, Leading the Launch of the Consumer RWA Alliance

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HONG KONG, April 24, 2026 /PRNewswire/ — During the Hong Kong Web3 Festival, RWA.LTD, the world’s first platform dedicated to consumer goods RWA (Real World Assets), officially announced the completion of its comprehensive consumer goods token ecosystem layout. At the event, the platform spearheaded the unveiling of the “Consumer RWA Alliance”. Positioned as the “Asian Consumer Goods Asset Trading Center,” RWA.LTD aims to enhance consumption efficiency through AI, reconstruct value distribution via Web3, and connect cross-city and cross-country consumer networks through tokens to accelerate the arrival of the “Smarter Consumer” era.

RWA.LTD stated that consumer goods RWA is not a single product, but a set of new infrastructure developed around consumption scenarios, the circulation of consumer rights, and brand interaction. Since CEO Fu, Rao Tony first proposed the concept of “Consumer Goods RWA” in late 2024, the team simultaneously prepared the RWA.LTD platform and completed Beta testing in September 2025. Following several months of iteration, the platform completed a comprehensive upgrade in mid-March 2026, marking RWA.LTD’s formal transition from the proof-of-concept stage to the ecological development stage.

RWA.LTD Ecosystem

In this public announcement, RWA.LTD systematically disclosed its four major ecological sectors for the first time. First, RWA.LTD | Mall (Winpoint Mall) was officially launched during the Hong Kong Web3 Festival, providing consumers with diverse brand rights driven by RWA Coin; current offerings include the CDAA (Chartered Digital Asset Analyst) Course, Matrix E-commerce Services, and more. Second, RWA.LTD | Exchange was fully launched in mid-March 2026 as a primary issuance and secondary trading market for consumer goods tokens, with plans to list 100 types of consumer goods tokens within the year to provide bidirectional exposure for brands and users. Third, RWA.LTD | Fund plans to collaborate with established VC funds to focus on brand token ecosystem construction and explore new paths for the synergistic development of consumer brands and on-chain capital. Fourth, RWA.LTD | Bot (rwaclaw.ai, rwabot.ai) has completed domain layout and is currently under development; it will provide consumers with real-time AI price comparisons, intelligent recommendations, and automated ordering tools to enhance decision-making efficiency and consumer experience.

RWA.LTD believes that the traditional consumer market has long suffered from information asymmetry, price opacity, and inactive membership systems, while the combination of blockchain and AI provides a new consumption model. By standardizing, digitizing, and placing consumer rights on-chain, consumers are no longer just end-buyers but can become active participants in the consumption network; brands are no longer limited to one-time interactions with consumers but can build stable, sustainable consumer relationships through on-chain tools.

Consumer RWA Alliance

At the Hong Kong Web3 Festival, the Consumer RWA Alliance, spearheaded by RWA.LTD, was inaugurated. The alliance aims to unite consumer brands, channel platforms, technology service providers, ecological partners, and cross-regional resource providers to jointly promote the co-construction of standards, ecological synergy, and scenario implementation for consumer goods RWA. The alliance members attending the unveiling ceremony included Dr. and Professor Lawrence Yu, Founder and Chairman of the Asia Pacific Economic Leaders’ Confederation; Dr. Wang Ping, President of the RWA Ecological International Federation and Chairman of the Asia Pacific M&A Fund; Dou Jun, Secretary General of the Hong Kong RWA Global Industry Alliance and Executive Secretary General of the Blockchain Professional Committee of the China Communications Industry Association (CCIA); Dr. Yu Jianing, Principal of Uweb Business School (Hong Kong) and Rotating Chairman of the Academic Committee of the Hong Kong Certified Digital Asset Analysts Association (HKCDAA); Dr. Jingle, Founder of Hong Kong Meta Strategy; Dr. Qiu Yueying, CEO of Winchain Technology; Tongjian Sun, CEO of INOVAI TECH K.K.; and Wen Hua, Director of the Australia & New Zealand Center of the Hong Kong RWA Global Industry Alliance, with RWA.LTD CEO Fu, Rao Tony serving as the Chairman. The establishment of the alliance marks an important step for consumer RWA moving from platform exploration to industry collaboration, signifying that the RWA narrative is extending from the relatively singular field of financial assets to the consumer industry which is more closely related to real life.

Industry insiders pointed out that the establishment of the Consumer RWA Alliance holds industry significance beyond platform business. On one hand, it helps break the market’s inherent impression of RWA as being “over-financialized” and encourages the outside world to re-recognize the application value of RWA as digital infrastructure in real consumption scenarios. On the other hand, it provides a new organizational framework for the Asian consumer market, making cross-regional brand cooperation, mutual recognition of consumer rights, and on-chain circulation mechanisms more operational. RWA.LTD stated that it hopes to promote the formation of a more diverse, open, and sustainable RWA world through the alliance mechanism, making RWA not just a synonym for asset securitization, but also a key driver for consumer innovation and industrial upgrading.

Regarding compliance issues of market concern, RWA.LTD provided a brief explanation in this announcement. Consumer goods tokens do not fall within the definition of “virtual assets” under Section 53ZRA of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), as they are neither payment tokens nor governance tokens. Even if there is overlap in certain characteristics, the relevant tokens can ultimately be defined as “Limited Purpose Digital Tokens” under Section 53ZR of the AMLO, which are explicitly excluded from the scope of “virtual asset” in the AMLO. Based on this, RWA.LTD does not fall within the regulatory scope of the Virtual Asset Trading Platform (VATP) licensing regime. Meanwhile, the U.S. SEC’s previous No-Action Letter to the Fuse project, along with the definition of “Digital Tools” in the regulatory interpretation published on March 17, 2026, further supports the stance that consumer goods tokens are non-securities, non-commodities, and are not regulated under the virtual asset framework. RWA.LTD emphasized that the company consistently adheres to advancing product design and business development within a compliance framework and will continue to monitor regulatory dynamics in different jurisdictions.

The RWA.LTD team possesses a rich international background and overseas market experience, having long followed the development trends of the Web3 and RWA markets in Europe and the United States. The team observed early on that the Asian RWA market has long been concentrated on financial narratives with relatively monotonous scenarios, and platforms that truly integrate deeply with mass consumption and high-frequency lifestyle scenarios remain scarce. Consequently, the team began preparing the consumer goods RWA platform as early as 2024, hoping to take the lead in completing infrastructure, model verification, and resource integration before an industry consensus was formed.

RWA.LTD CEO Fu, Rao Tony pointed out that consumer goods RWA is currently one of the directions most likely to land and scale quickly. Compared to financial RWA, consumer goods RWA has a stronger efficient foundation in terms of compliance structure, user understanding, scenario adaptation, and promotion paths. Its core value lies in using blockchain technology to release liquidity that the consumer industry has long lacked, allowing consumer rights—which were originally fragmented, dormant, non-tradable, or difficult to circulate across regions—to achieve more efficient allocation and redistribution. Through this mechanism, the relationship between brands, platforms, and consumers will be redefined.

Fu, Rao Tony further stated that as the digitalization of the Asian consumer market continues to improve, the combination of consumer RWA and the real consumer industry is expected to release trillion-dollar economic potential in the future. For Hong Kong, this is not just an emerging Web3 track, but could become an important hub connecting international consumer networks with digital asset innovation. Hong Kong possesses unique advantages as an international financial center, an international trade center, and a highland for institutional innovation. If it can take the lead in forming scale synergy in the field of consumer RWA, it has the opportunity to occupy a leading position in the global wave of consumer asset digitalization.

In the future, RWA.LTD will continue to advance its layout around consumer goods RWA infrastructure construction, ecological cooperation expansion, alliance network improvement, and AI consumer tool research and development, exploring new on-chain paradigms for the consumer industry with more brands, institutions, and partners. As the Mall, Exchange, Fund, and Bot sectors gradually mature, RWA.LTD hopes to drive consumer RWA from concept to large-scale application, providing a more efficient, intelligent, and participatory new value network for the Asian and global consumer markets.

About RWA.LTD

RWA.LTD is positioned as the Asian consumer goods asset trading center, committed to enhancing consumption efficiency with AI, reconstructing consumer value distribution with Web3, and establishing cross-city and cross-country consumer alliance networks via tokens. The company focuses on the consumer goods RWA track, continuously promoting the digitalization of consumer rights, the circulation of consumer assets, and the synergy of the consumer ecosystem to explore the future consumption model of “Smarter Consumer”.

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Fox ESS Ranks No. 1 Globally in Residential Energy Storage

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WENZHOU, China, April 23, 2026 /CNW/ — Fox ESS, a global leader in renewable energy solutions, has been ranked No. 1 among residential energy storage providers worldwide for 2025, based on MWh shipments in S&P Global Energy’s Residential Energy Storage Market Tracker.

The report also places Fox ESS at No. 1 in Germany and the UK, highlighting the company’s momentum in key markets and expanding distribution footprint.

Compared with 2024, Fox ESS’s global market share rose 50% in 2025, reinforcing its position in a rapidly growing residential storage sector. The company has continued to scale internationally, with global headcount doubling from the end of 2024. As of April 2026, Fox ESS employs more than 5,000 people worldwide, and has added local support through new offices, including in Sydney, Australia.

“We’re thrilled for this remarkable achievement. It reflects our commitment to innovation and product quality, and to making clean, reliable energy practical for households around the world,” said Michael Zhu, CEO of Fox ESS. “We will continue pushing the boundaries to deliver solutions that help homes and businesses move toward energy independence.”

Notably, Fox ESS has launched the Champion’s Choice campaign globally, combining the endorsement of sports champions with recognition from prestigious organizations. With the first stop in Australia, the company signed Ian Thorpe, a five-time Olympic champion last December. The campaign underscores Fox ESS’s ambition to deliver better value for customers and partners.

Fox ESS is committed to building long-term trust with customers and partners. The company delivers reliable, high-quality energy storage systems engineered for consistent performance, supported by rigorous quality-control processes designed to help ensure every product meets the highest standards.

Fox ESS develops solutions that serve both installers and end users. With ongoing investment in R&D, the company stays ahead of evolving market needs, helping installers work more efficiently while enabling homeowners to move toward energy transition and reduce electricity costs.

With a team of more than 400 experts in R&D, Fox ESS continues to refine its product design for easier transportation, installation, and everyday use. The AI-powered FoxCloud app also makes energy management more intuitive, enabling users to monitor and control home energy consumption, manage smart devices, and track detailed generation and usage data in a single streamlined platform, delivering greater peace of mind.

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