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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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Technology

Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

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ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

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Technology

HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

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MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2.   Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3.   Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4.   Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/haivision-announces-voting-results-from-2026-annual-meeting-of-shareholders-302752318.html

SOURCE Haivision Systems Inc.

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Technology

Noritz upgrades EZ Pro Series of tankless water heaters with larger, multi-function panel display for faster installation and servicing

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Improved, fully integrated diagnostic interface eliminates the need for a separate remote controller, providing key system status data and enhanced digital controls to ease startup, operation, and maintenance for pro installers and service techs.

FOUNTAIN VALLEY, Calif., April 23, 2026 /PRNewswire/ — Noritz America, an international leader in tankless and electric heat pump water heaters and high-efficiency combination boilers, has further enhanced its EZ Series Pro line of residential condensing tankless water heaters by expanding both the size and the functionality of the units’ built-in control panel, whose user-friendly digital interface is mounted prominently on the front exterior.

Providing upgraded monitoring and diagnostic capabilities, the multi-function panel display allows professional installers to view system status, temperature settings, service reminders, maintenance data, error codes, error history, and (if applicable) recirculation timing settings. All of this vital information is built in and readily accessible on the water heater. Besides eliminating the need for a separate, external remote controller, the panel enables guided setup during installation and faster, more effective troubleshooting.

In addition, installers and users can monitor and program the unit remotely via Bluetooth® connectivity that works alongside the panel, using the EZ Start Plus app on their smartphones. A separate external remote is optional.

“The intent of our upgrade efforts was to create a more satisfying user experience for both the professional and the consumer,” says Noritz Executive Vice President and General Manager Jason Fleming. “We focused on simplified installation, advanced diagnostics, and giving professionals and their customers easier, more responsive control of the water heater.”

Essential Features of the Multi-Function Panel

Below are the main features and capabilities of the upgraded, built-in, multi-function panel and related control system:

Digital temperature control: Professional installers and service technicians will find it easier to use the enlarged panel to set the output water temperature to 100° – 140° Fahrenheit. Temperature settings are available in increments as small as 5°F.

Key benefits: More precise temperature control for professionals and, as a result, safer, more consistent hot-water delivery for end users.

Integrated Bluetooth connectivity; no more dip switches: The EZ Start Plus app enables installers and service techs to perform system setup, adjust the temperature, run diagnostics and share this information electronically with Noritz Technical Support. Installers can even register the water heater to qualify for the accompanying warranty.

Key benefits: Simplified startups mean faster installs, minimizing the manual programming that installers previously had to perform. Smartphone-based control and troubleshooting eliminate the need for old-style manual adjustment of physical dip switches.

Improved service access: Even the physical design of the EZ Series Pro has been reengineered to work more effectively with the newly enhanced multi-function panel.

Key benefits: The latched, snap-lock front cover enables quicker access to components for easier maintenance and servicing.

Industry-Best Warranty

The upgraded EZ Series Pro continues to include three models, all with a Uniform Energy Factor of 0.98, the highest efficiency rating in the tankless water heater industry:

EZ71: input range — 12,800 to 160,000 BTU/hour; flow rate — 0.4 to 9.0 gallons per minute; turndown ratio — 12.5:1EZ98: 12,800 to 180,000 BTUh; 0.4 to 9.8 gpm; 14:1;EZ111: 12,800 to 199,900 BTUh; 0.4 to 11.1 gpm; 16:1.

All three units carry a 25-year limited warranty on their stainless steel heat exchangers, the longest such protection in the industry. Further protection includes a five-year limited parts warranty and one year for reasonable labor.

The water heaters use natural gas but are field-convertible to LP with a parts kit included with every unit. Two water heaters can be linked using Noritz’s optional Quick Connect linkage to double the hot-water flow rate.

Designed for wall-mounting indoors, the EZ Series Pro heaters can be direct-vented with two-, three-, or four-inch Schedule 40 or Schedule 80 PVC or CPVC, or two-inch or three-inch polypropylene venting. They can also be installed outdoors in milder year-round climates using an optional vent cap.

All EZ Series Pro models have received approvals from CSA, NSF5, NSF372, and are Low NOx approved by the South Coast Air Quality Management District (Rule 1146.2).

For more information on the newly upgraded Noritz EZ Series Pro, visit: https://ezseries.noritz.com/

A short product video is available at: https://youtu.be/m5iDn7sOGMc

For more information on the full line of Noritz tankless water heating products, visit www.noritz.com. You can also contact us by telephone at 866.766.7489 or by email at support@noritz.com.

For editorial assistance, contact John O’Reilly or Emma Wurzer at GreenHouse Digital PR, 15255 South 94th Avenue, Suite 500 | Orland Park, IL 60462; tel.: 708.428.6385; e-mail: john@greenhousedigitalpr.com | emma@greenhousedigitalpr.com.

Hi-res versions of photographs to accompany this press release are available for immediate download by using this link: https://noritz.greenhousedigitalpr.com/ez-series-pro-upgrades.

NORITZ AMERICA CORPORATION, a subsidiary of Noritz Japan, has corporate offices in Fountain Valley, Calif., and Atlanta, offering a full line of tankless water heaters and high-efficiency combination boilers to meet the hot water demands of residential and commercial applications. Noritz supports its products with a national network of skilled representatives and employees committed to providing our communities with the finest products and services by helping consumers live a more comfortable, efficient, and healthy lifestyle. For more information on Noritz America and the entire line of Noritz’s ENERGY STAR® tankless water heaters, please call (877) 986-6748 or visit our website at www.noritz.com.

CONTACT:
Andrew Tran
Noritz America
(714) 433-7813
atran@noritz.com

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SOURCE Noritz

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