The “Connected Health Market” intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the Connected Health Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured GE Healthcare (United States), Apple (United States), Athenahealth (United States), Philips Healthcare (Netherlands), Abbott Laboratories (United States), Allscripts (United States), F. Hoffmann-La Roche (Switzerland), Johnson & Johnson (United States), Microsoft (United States), OMRON (Japan), Huawei (China), Epic Systems (United States), Medtronic (Ireland), Qualcomm (United States), Skyscape (United States), Agamatrix, Inc. (Germany), Boston Scientific Corporation (United States), Resideo Technologies (United States), Sanofi (France)
Global Connected Health Market Size is valued at $54.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 18.3% to reach $209.4 Billion by 2032.
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An Overview of the Connected Health Market
Connected health is a collective term for telecare, telehealth, telemedicine, mHealth, digital health, and ehealth service. It refers to a conceptual model for health management where devices, services or involvements are intended around the patient’s needs, and health-related data is shared, in such a way that the patient can receive care in the most proactive and well-organized manner possible. Connected health approach has the potential to empower patients, clinicians, and healthcare developers alike by means of delivery of pertinent information at key touchpoints.
Connected Health Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Type (M-Health Services (Mobile health Apps, Healthcare Providers, Pharmaceuticals), M-Health Devices (Connected Drug Delivery Systems, Wearable Devices, Medical Devices, and Others)), Application (Monitoring, Diagnostic &Treatment, Healthcare Management, Wellness & Prevention, Others), Function (Telemedicine, Home Monitoring, Assisted Living, Clinical Monitoring, Others), End-User (Hospitals, Clinics, Individual Consumer, Others) and significant players are the market segments.
In order to provide a thorough analysis of the industry, the report compiled data from over 22 jurisdictions or nations across Europe, North America, South America, Asia Pacific, and MEA.
Geographically, the global version of the report has the following country inclusion:
• North America [United States, Canada, and Mexico]
• Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and the Rest of Europe]
• Asia-Pacific [China, Japan, South Korea, India, Australia, Indonesia, and Others]
• South America [Brazil, Argentina, Colombia, and the Rest of South America]
• the Middle East and Africa (South Africa, Turkey, Israel, GCC Countries, and the Rest of Africa)
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The primary goal of this study is to determine which market niches or nations that companies and investors should concentrate on in the future in order to allocate their resources and efforts toward Connected Health that will optimize growth and profitability. The year 2024 will see notably slower growth, and given the dynamic macroeconomic and regulatory environment, major markets in North America and Western Europe will need “heavy lifting” to handle these tendencies.
In the Connected Health industry, distribution channels are always crucial because of the “push” nature of many offerings in the sector. In an effort to strengthen their relationship with customers, companies have been refining their distribution model. As the Internet becomes more widely used and consumers start to value expediency, digital purchases are growing in popularity in Connected Health.
Furthermore, the years considered for the study are as follows:
Historical year – 2018-2023
Base year – 2023
Forecast period** – 2024 to 2032 [** unless otherwise stated]
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Major Highlights of TOC:
Chapter 1: Overview of the Connected Health Market Industry
1.1.1 Overview;
1.1 Connected Health Industry
1.1.2 Key Companies’ Products
1.2 Market Segment by Connected Health
1.2.1 Industry Chain
1.2.2 Customer Behavior & Distribution Routes
Chapter Two: Demand for Connected Health Worldwide
2.1 Overview of the Segment
2.2 Connected Health Market Size (2018-2023) by Application/End Users
2.3 Application/End User Forecast for the Connected Health Market (2024E-2032)
Chapter 3: Type-wise Connected Health Market
3.1 According to Type
3.2 Market Size for Connected Health by Type, 2018-2023
3.3 Market Forecast for Connected Health by Type (2024E-2030)
Chapter Four: Connected Health Market: by Region/Country
4.1 Connected Health Market by Regions
4.2 Connected Health Market Revenue & Share by Region
4.3 North America
4.4 Europe
4.5 the Asia Pacific
4.6 South America
4.7 the Middle East & Africa
Player Analysis in Chapter Five
5.1 Players’ Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Overviews of Companies
……….continued
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