The telemedicine market is currently experiencing rapid growth, which is very attractive for private investors. According to forecasts, the market will reach a volume of approximately $112 billion by 2025 and continue to grow until 2032.
Seven Profitable Stocks at a Glance
1. McKesson
McKesson specializes not only in the distribution of medicines and medical products but is also active in telemedicine and digital healthcare. Through RemetricHealth, McKesson offers platforms for remote patient monitoring and invests in tele-health services, where pharmacists act as a link between patients and doctors.
2. Oracle
Oracle has significantly expanded its position in healthcare through the acquisition of Cerner in 2022. The company provides integrated telemedicine solutions that are directly embedded within electronic health records. Partnerships with Zoom and Microsoft Teams enable video consultations directly from the system.
3. Hims & Hers
Hims & Hers is a US-based healthcare service provider that has significantly expanded its reach through the acquisition of the telemedicine platform Zava. This expansion brings 1.3 million new users and opens doors to further international markets.
4. Teladoc Health
Teladoc Health is a leading provider of virtual health services with a wide range of telemedicine solutions. Through partnerships and acquisitions, the company has benefited from the growing demand for virtual health services.
5. Amwell
Amwell is a key player in the telemedicine market, offering comprehensive virtual health services. Through innovative technologies and partnerships with healthcare organizations, Amwell is well positioned.
6. 1Life Healthcare
1Life Healthcare is known for its membership models focused on prevention and health promotion. The company integrates telemedicine services into its offerings, allowing members flexible access to health services.
7. Cigna
Cigna, a global healthcare provider, integrates telemedicine solutions into its insurance offerings. This enables Cigna to provide customers with flexible and accessible health services.
These companies have recognized the trend of telemedicine and are leveraging it to increase their profits. They offer a variety of services ranging from virtual consultations to comprehensive health platforms.