Global Connected Health Device Market 2024 by Company, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Connected Health Device market size was valued at USD 30300 million in 2023 and is forecast to a readjusted size of USD 64470 million by 2030 with a CAGR of 11.4% during review period.
Connected health, also known as technology-enabled care (TEC), involves the convergence of health technology, digital media and mobile devices.
The connected health device market is being driven by the increasing adoption of digital health solutions and the growing trend of remote patient monitoring. These devices, which include wearable fitness trackers, smartwatches, and other health monitoring gadgets, offer individuals real-time access to their health data and enable healthcare providers to remotely monitor patients. The COVID-19 pandemic has further accelerated the adoption of these devices as people seek ways to monitor their health from home. However, the challenge lies in ensuring the security and privacy of sensitive health data collected by these devices. Data breaches and privacy concerns can hinder the widespread adoption of connected health devices, necessitating robust security measures and regulatory compliance to overcome this challenge.
The Global Info Research report includes an overview of the development of the Connected Health Device industry chain, the market status of Hospitals/Clinic (Connected Health Personal Medical Devices, Connected Health Wellness Devices), Home Monitoring (Connected Health Personal Medical Devices, Connected Health Wellness Devices), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Connected Health Device.
Regionally, the report analyzes the Connected Health Device markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Connected Health Device market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Connected Health Device market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Connected Health Device industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Connected Health Personal Medical Devices, Connected Health Wellness Devices).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Connected Health Device market.
Regional Analysis: The report involves examining the Connected Health Device market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Connected Health Device market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Connected Health Device:
Company Analysis: Report covers individual Connected Health Device players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Connected Health Device This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospitals/Clinic, Home Monitoring).
Technology Analysis: Report covers specific technologies relevant to Connected Health Device. It assesses the current state, advancements, and potential future developments in Connected Health Device areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Connected Health Device market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Connected Health Device market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Connected Health Personal Medical Devices
Connected Health Wellness Devices
Market segment by Application
Hospitals/Clinic
Home Monitoring
Market segment by players, this report covers
Apple
Fitbit
Samsung
Huawei
Xiaomi
Omron
Philips
Polar
Lifesense
Withings
Abbott
DexCom
Medtronic
Senseonics Holdings
Insulet
Tandem
SOOIL
GE Healthcare
Hill-Rom
Schiller
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Connected Health Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Connected Health Device, with revenue, gross margin and global market share of Connected Health Device from 2019 to 2024.
Chapter 3, the Connected Health Device competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Connected Health Device market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Connected Health Device.
Chapter 13, to describe Connected Health Device research findings and conclusion.