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The Global Connected Healthcare Market is Projected to Grow at A CAGR of 23.88% During the Forecast Period

The Global Connected Healthcare Market is estimated to exhibit a CAGR of 23.88% during the forecast period of 2021-2028. In terms of market value, the connected healthcare market would stand tall by USD 15,031.34 million by the year 2028. High Internet penetration in developed and developing countries drives the connected healthcare market.

However, rising lack of security standards and increasing risk associated with loss of data are the major factors among others which will obstruct the market growth.

Global Connected Healthcare Market Scenario

According to Data Bridge Market Research, the connected healthcare market will exhibit a significant rise in its market value. Rising government expenditure on the healthcare sector, increasing aging population across the globe, rising patient centric approach and increasing adoption of various healthcare connected devices, rising investment by major players and increasing government expenditure on development of healthcare infrastructure, increasing technological advancements and rising research and development in the market will further create new opportunities for connected healthcare market. 

Currently, North America dominates the global connected healthcare market in terms of market share and market revenue owing to the well-developed healthcare sector, rising well developed internet infrastructure and rising presence of major players in this region.

Now the question is which are the other regions that the global connected healthcare market is targeting? Data Bridge Market Research has estimated a large growth in Europe and Asia-Pacific owing to the rising number of aged population suffering from various diseases, rising patient centric approach and increasing adoption of various healthcare connected devices in these regions.  

For more analysis on the global connected healthcare market request for a briefing with our analysts,     

Scope of the Connected Healthcare Market

The global connected healthcare market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

  • All country based analysis of connected healthcare market is further analyzed based on maximum granularity into further segmentation. On the basis of function, connected healthcare market is segmented into telemedicine, home monitoring, assisted living and clinical monitoring. Based on type, the connected healthcare market is segmented into E-prescription, M-health services and M-health devices. The connected healthcare market is also segmented on the basis of application into diagnosis and treatment, monitoring applications, education and awareness, wellness and prevention and healthcare management.
  • Connected health is a type of a as a socio-technical model for healthcare management system that aims to provide increased and flexible opportunities for the consumers that aid to engage with clinicians. Connected health comprises remote care programs in disease and lifestyle management.

To know more about the study,                      

Key Pointers Covered in the Connected Healthcare Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in Connected Healthcare Market report

  • AgaMatrix Inc.
  •  AliveCor, Inc.
  •  Allscripts Healthcare, LLC and/or its affiliates
  •  Apple Inc.
  •  Medtronic
  •  Aerotel Medical Systems Ltd.
  •  Garmin Ltd.
  •  Microlife Corporatio
  •   Athenahealth
  •  Boston Scientific Corporation or its affiliates.
  •  Athenahealth
  •  Cerner Corporation.
  •  Resideo Technologies, Inc.
  •  Microsoft
  •  Persistent Systems
  •  Koninklijke Philips N.V
  •  Qualcomm Technologies, Inc. and/or its affiliated companies.
  •  Vivify Health, Inc

Above are the key players covered in the report, to know about more and exhaustive list of connected healthcare market companies contact us,

Research Methodology: Global Connected Healthcare Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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