Teladoc: Competition is heating up in the virtual healthcare space

Teladoc Health, Inc. has been languishing this year despite phenomenal growth in 2020 and guidance for growth of 80% in 2021. Teladoc is an industry leader in remotely delivered healthcare, a market segment that is growing by leaps-and-bounds, but also attracting increased competition from tech behemoths such as Amazon and Microsoft, as well as from upstarts such as American Well Corporation.