Connected Healthcare Market size was valued at US$ 84.21 Bn in 2023 and the total revenue is expected to grow at 27.12% through 2024 to 2030, reaching nearly US$ 451.74 Bn.Connected Healthcare Market Overview:
Connected healthcare is a type of socio-technical model for healthcare management system. This system mainly used to increase healthcare resource and provide opportunities to the customer that help to get connected with physicians. It uses market technology readily available for providing health services outside the hospital and medical offices. Advance technology, increasing number of healthcare services emerging healthcare worldwide are the factors driving the market worldwide.Because of this system physician and pharmacist can keep data private and store for longer period of time. This system also helps to share and analyse the data easily in the Connected Healthcare System ManagementTo know about the Research Methodology :- Request Free Sample Report
Connected Healthcare Market Dynamics:
Increasing Technological development and growing Health Awareness in medical professional are the major factor driving the growth of Connected Healthcare Market. Remoting, Monitoring, and Virtual healthcare are the example of healthcare technological development. In addition growing old age population and total global population with remote location also supplementing the growth of the market. According to UN, population age over 65 years IS 9% IN 2021 and projected to reach 60% in 2050.Growing prevalence of chronic disease and shortage of healthcare professional is also anticipated to restrict the market growth. According to world health report chronic disease account expected to rise from 60% to 70% of all death from 43 to 60% of the global burden disease in 2021.Connected healthcare is transformational in healthcare sector, it presents multiple of challenges of sensitivity data. Patience health record and billing are the private data. Streamlining and digitizing health data as well as expanded use strain the data centre. Data security is another risk which likely to increase the data volume hence, need to shield data information from cyber security. Connected healthcare service provider are facing challenges in developing countries due to lack of connectivity, infrastructure and less availability of healthcare professionals under the developing and developed countries are the major factors restraining the growth of the Connected Healthcare Market. New technology development in the healthcare system management is the opportunity in the market. As increasing various Types of disease with increasing patient’s record, system needs security to secure the records. This type technology development with high security is the major opportunity in Connected Healthcare Market.Connected Healthcare Market Segment Analysis:
The Connected Healthcare Market is segmented By Type, Application, and Function. Based on the Type, the Connected Healthcare Market is segmented into M Health Services. M- Health Devices and E-prescription. M-Health Services segment market held the largest market share of 64% in the year 2023.M-Healthcare Services bifurcated into the Mobile health app, Content solution, Healthcare provider and Pharmaceuticals. The M- Health Device market is expected to grow at CAGR 34.3% during the forecast period M-Health Devices are bifurcated into the Blood Pressure Monitor, Cardiac Monitor, and Pulse Oximeter connected to drug delivery system and wearable devices. This segment is also estimated to hold the highest market share by the end of 2030. Based on the Application, the Connected Healthcare Market is segmented into the Diagnosis and Treatment, Healthcare Management, Wellness and Prevention, Monitoring Application. Healthcare Management segment is expected to hold the highest market share of xx% during the forecast period. Increasing large number of data and health records of the patients fuelling the Connected Healthcare Market. Diagnosis and Treatment segment is the second largest segment held the CAGR of 8.9% in the year 2023. Increasing health disorder and Types of disease occur in individual, this segment expected to boost the Connected Healthcare Market Based on the Function, The Connected Healthcare Market is segmented into the Telemedicine, Home Monitoring, Assisted living and Clinical monitoring. Telemedicine segment is expected to growth of the market with the largest market share of xx% during the forecast period. This segment has been boosted the market during Covid-19 and further expected to grow with the large revenue. Assisted living and Clinical Monitoring segment shows the high market growth because as increasing health disease diagnosis, the Clinical Monitoring has become the preference for the patients.Connected Healthcare Market Regional Insights:
North America is expected to dominate the Connected Healthcare Market during the forecast period. Increasing geriatric population with increasing life expectancy in this region. Europe is projected to have lucrative growth in the connected Healthcare Market. High internet penetration and increased geriatric population increase the demand for integrated healthcare services. This is because adoption of advanced technologies and focusing on research and development process. Thanks too many collaborative efforts performed by various companies in this region to increase their R&D capabilities and maintain high medical standards. China is expected to reach a projected market size of US$216.4million by 2030 with, 5.1% CAGR from 2024 to 2030. Europe region accounts for the second largest market for Connected Healthcare Market, emerging as another lucrative market globally. The medical device industry is expected to drive the market growth in this region. The market for connected health in the United States is expected to reach US$240.8 million by 2022. Japan and Canada are two more important geographic markets, with expected forecasts growth rates of 0.8 % for Japan and 2 % for Canada during the forecast period. Germany is expected to grow at a CAGR of around 1.3% by the end of year 2029.Asai pacific region shown the tremendous growth in telemedicine market, remote supervision and monitoring and diagnosis. This region highly demanded for the connected healthcare management The objective of the report is to present a comprehensive analysis of the Connected Healthcare Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Connected Healthcare Market dynamic, structure by analyzing the market segments and project the Connected Healthcare Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Connected Healthcare Market make the report investor’s guide.Connected Healthcare Market Scope: Inquire before buying
Connected Healthcare Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 84.21 Bn. Forecast Period 2024 to 2030 CAGR: 27.12% Market Size in 2030: US $ 451.74 Bn. Segments Covered: by Types M –Health Services M-Health Devices E-Prescription by Application Diagnosis and Treatment Healthcare Management Wellness and prevention Monitoring Application by Function Telemedicine Home Monitoring Assisted living Clinical Monitoring Connected Healthcare Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Connected Healthcare Market Key Players are:
1. Agamatrix 2. AirStrip Technologies 3. Athenahealth 4. Allscripts 5. Apple 6. Accenture 7. AliveCor 8. Boston Scientific Corporation 9. Cerner 10.Honeywell Life Care Solutions 11.IBM Corporation 12.Persistent Systems 13.Sanofi 14.Vivify Health 15.SAP 16.Oracle 17.GE Healthcare 18.Microsoft Corporation 19.Medtronic 20.Koninklijke Philips N.V. 21.QualcommFrequently Asked Questions:
1. Which region has the largest share in Global Connected Healthcare Market? Ans: North America region held the highest share in 2023. 2. What is the growth rate of Global Connected Healthcare Market? Ans: The Global Connected Healthcare Market is expected to grow at a CAGR of 27.12% during forecast period 2024-2030 3. What is scope of the Global Connected Healthcare market report? Ans: Global Connected Healthcare Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Connected Healthcare market? Ans: The important key players in the Global Connected Healthcare Market are – , Agamatrix, AirStrip Technologies, Athenahealth, Allscripts, Apple, Accenture, AliveCor, Boston Scientific Corporation, Cerner, Honeywell Life Care Solutions, IBM Corporation, Persistent Systems, Sanofi, Vivify Health, SAP, Oracle, GE Healthcare, Microsoft Corporation, Medtronic, Koninklijke Philips N.V., and Qualcomm. 5. What is the study period of this market? Ans: The Global Connected Healthcare Market is studied from 2023 to 2030
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Connected Healthcare Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Connected Healthcare Market 3.4. Geographical Snapshot of the Connected Healthcare Market , By Manufacturer share 4. Connected Healthcare Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Connected Healthcare Market 5. Supply Side and Demand Side Indicators 6. Connected Healthcare Market Analysis and Forecast, 2023-2030 6.1. Connected Healthcare Market Size & Y-o-Y Growth Analysis. 7. Connected Healthcare Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 7.1.1. M –Health Services 7.1.2. M-Health Devices 7.1.3. E-Prescription 7.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.2.1. Diagnosis and Treatment 7.2.2. Healthcare Management 7.2.3. Wellness and prevention 7.2.4. Monitoring Application 7.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 7.3.1. Telemedicine 7.3.2. Home Monitoring 7.3.3. Assisted living 7.3.4. Clinical Monitoring 8. Connected Healthcare Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Connected Healthcare Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 9.1.1. M –Health Services 9.1.2. M-Health Devices 9.1.3. E-Prescription 9.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.2.1. Diagnosis and Treatment 9.2.2. Healthcare Management 9.2.3. Wellness and prevention 9.2.4. Monitoring Application 9.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 9.3.1. Telemedicine 9.3.2. Home Monitoring 9.3.3. Assisted living 9.3.4. Clinical Monitoring 10. North America Connected Healthcare Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Connected Healthcare Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 11.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 12. Canada Connected Healthcare Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 13. Mexico Connected Healthcare Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 14. Europe Connected Healthcare Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 15. Europe Connected Healthcare Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Connected Healthcare Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 16.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 17. France Connected Healthcare Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 18. Germany Connected Healthcare Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 19. Italy Connected Healthcare Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 20. Spain Connected Healthcare Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 21. Sweden Connected Healthcare Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 22. CIS Countries Connected Healthcare Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 23. Rest of Europe Connected Healthcare Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 24. Asia Pacific Connected Healthcare Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 25. Asia Pacific Connected Healthcare Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates &Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Connected Healthcare Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 26.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 27. India Connected Healthcare Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 28. Japan Connected Healthcare Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 29. South Korea Connected Healthcare Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 30. Australia Connected Healthcare Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 31. ASEAN Connected Healthcare Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 32. Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 33. Middle East Africa Connected Healthcare Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 34. Middle East Africa Connected Healthcare Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Connected Healthcare Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 35.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 36. GCC Countries Connected Healthcare Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 37. Egypt Connected Healthcare Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 38. Nigeria Connected Healthcare Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 39. Rest of ME&A Connected Healthcare Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 40. South America Connected Healthcare Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 41. South America Connected Healthcare Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Connected Healthcare Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 42.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 43. Argentina Connected Healthcare Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 44. Rest of South America Connected Healthcare Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By TYPES, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44.3. Market Size (Value) Estimates & Forecast By Function, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Connected Healthcare Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Agamatrix 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. AirStrip Technologies 45.3.3. Athenahealth 45.3.4. Allscripts 45.3.5. Apple 45.3.6. Accenture 45.3.7. AliveCor 45.3.8. Boston Scientific Corporation 45.3.9. Cerner 45.3.10. Honeywell Life Care Solutions 45.3.11. IBM Corporation 45.3.12. Persistent Systems 45.3.13. Sanofi 45.3.14. Vivify Health 45.3.15. SAP 45.3.16. Oracle 46. Primary Key Insights