The global telehealth market reached about $123.26 billion in 2024 and is expected to grow significantly, hitting $455.27 billion by 2030. This reflects a steady annual growth rate of around 24.7% starting from 2025 as more healthcare providers and patients turn to remote care options. Meanwhile, the broader healthcare sector has remained stable, with the S&P 500 Health Care Index ($SRHC) trading in a narrow range just above 1,590 points recently.
Despite this overall stability, some companies are experiencing sharp ups and downs. On Sept. 15, the FDA increased oversight on telehealth drug advertising and sent a warning letter to Hims & Hers Health (HIMS) over its compounded weight-loss drug, causing shares to drop and reviving concerns over regulatory risks in the weight-loss space.
