The telemedicine market is expected to grow at a CAGR of 40.4% from 2022 to reach $627.5 billion in 2030. Telemedicine has become one of the fastest growing healthcare technologies owing to its ability to overcome routine health management challenges. Its adoption was majorly accelerated during COVID-19 due to critical chronic disease management, its ability to reduce health management costs, rising mental health concerns, substantial government support from developing and developed nations, and coverage of telemedicine consultations under health insurance.