Global Connected Healthcare Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2033

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Global Connected Healthcare Market Size, Share and Trends Analysis Report – Industry Overview and Forecast to 2033

  • Healthcare
  • Feb 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Author : Sachin Pawar

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Global Connected Healthcare Market

Market Size in USD Billion

CAGR :  % Diagram

Bar chart comparing the Global Connected Healthcare Market size in 2025 - 36.51 and 2033 - 202.49, highlighting the projected market growth. USD 36.51 Billion USD 202.49 Billion 2025 2033
Diagram Forecast Period
2026 –2033
Diagram Market Size (Base Year)
USD 36.51 Billion
Diagram Market Size (Forecast Year)
USD 202.49 Billion
Diagram CAGR
%
Diagram Major Markets Players
  • AgaMatrix Inc.
  • AliveCorInc.
  • Allscripts HealthcareLLC and/or its affiliates
  • Apple Inc.
  • Medtronic

Global Connected Healthcare Market Segmentation, By Function (Telemedicine, Home Monitoring, Assisted Living, and Clinical Monitoring), Type (E-Prescription, M-Health Services, and M-Health Devices), Application (Diagnosis & Treatment, Monitoring Applications, Education & Awareness, Wellness & Prevention, and Healthcare Management) - Industry Trends and Forecast to 2033

Connected Healthcare Marketz

Connected Healthcare Market Size

  • The global connected healthcare market size was valued at USD 36.51 billion in 2025 and is expected to reach USD 202.49 billion by 2033, at a CAGR of 23.88% during the forecast period
  • The market growth is largely fueled by the rapid adoption of digital health solutions, increasing integration of wearable devices, and advancements in telemedicine, remote patient monitoring, and health data analytics, leading to enhanced healthcare delivery and operational efficiency
  • Furthermore, rising demand for personalized, real-time, and patient-centric care, coupled with growing investments in AI, IoT, and cloud-based healthcare platforms, is accelerating the uptake of Connected Healthcare solutions, thereby significantly boosting the industry's growth globally

Connected Healthcare Market Analysis

  • Connected healthcare solutions, including telemedicine platforms, remote patient monitoring, wearable devices, and AI-powered health analytics, are transforming healthcare delivery by enabling real-time monitoring, improving patient outcomes, and reducing operational costs across hospitals, clinics, and homecare settings
  • Growth in the market is driven by rising prevalence of chronic diseases, aging populations, demand for patient-centric care, and increasing investments in digital health infrastructure and smart health devices
  • North America dominated the connected healthcare market in 2025 with a revenue share of 42.5%, supported by advanced healthcare infrastructure, strong regulatory frameworks, and widespread adoption of telehealth and digital health solutions, particularly in the U.S.
  • Asia-Pacific is expected to be the fastest growing region with a CAGR of 10.8% from 2025 to 2033, led by India and China, due to expanding internet penetration, government initiatives promoting digital healthcare, and increasing adoption of remote patient monitoring and wearable devices
  • The Diagnosis & Treatment segment dominated the largest market revenue share of 36.9% in 2025, fueled by hospitals, specialty clinics, and teleconsultation platforms integrating connected diagnostic tools, imaging devices, and AI-driven analysis for early detection and treatment planning

Report Scope and Connected Healthcare Market Segmentation      

Attributes

Connected Healthcare Key Market Insights

Segments Covered

  • By Function: Telemedicine, Home Monitoring, Assisted Living, and Clinical Monitoring
  • By Type: E-Prescription, M-Health Services, and M-Health Devices
  • By Application: Diagnosis & Treatment, Monitoring Applications, Education & Awareness, Wellness & Prevention, and Healthcare Management

Countries Covered

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • U.K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Egypt
  • Israel
  • Rest of Middle East and Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Key Market Players

Oracle (U.S.)
Philips Healthcare (Netherlands)
GE Healthcare (U.S.)
Medtronic (Ireland)
Humana Inc. (U.S.)
• McKesson Corporation (U.S.)
• Siemens Healthineers (Germany)
• Carestream Health (U.S.)
• Hill-Rom Holdings (U.S.)
• Teleflex Incorporated (U.S.)
• Teladoc Health (U.S.)
• MorphoTrust USA (U.S.)
• Fitbit (U.S.)
• Withings (France)
• Omron Healthcare (Japan)
• IBM Watson Health (U.S.)
• Canon Medical Systems Corporation (Japan)
• Hitachi Healthcare (Japan)

Market Opportunities

  • Expansion of Remote Patient Monitoring (RPM) and Telehealth Services
  • Integration of AI and Data Analytics in Healthcare Platforms

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Connected Healthcare Market Trends

Rising Adoption of Remote Monitoring and Telehealth Solutions

  • A significant and accelerating trend in the global connected healthcare market is the increasing adoption of remote patient monitoring (RPM), telehealth platforms, and interoperable digital health solutions that enable real-time tracking of patient vitals and seamless communication between patients and healthcare providers
    • For instance, in 2024, Philips launched its global telehealth platform expansion across North America, Europe, and Asia-Pacific, enabling clinicians to remotely monitor patients with chronic conditions and provide timely interventions, reducing hospital readmissions
  • Connected healthcare solutions are increasingly integrated into hospitals, clinics, and home care environments to support chronic disease management, elderly care, and preventive health programs, enhancing both patient outcomes and operational efficiency
  • The growing focus on value-based care and the need to optimize healthcare resources worldwide is driving investments in connected devices, secure data-sharing platforms, and analytics-enabled health monitoring systems
  • Advancements in wearable devices, cloud-based platforms, and mobile health applications are enabling continuous patient engagement and improved clinical decision-making across diverse healthcare settings
  • This trend toward digital and connected healthcare solutions is transforming global healthcare delivery, improving accessibility, and facilitating personalized care at scale

Connected Healthcare Market Dynamics

Driver

Rising Prevalence of Chronic Diseases and Healthcare Digitalization

  • The increasing global prevalence of chronic diseases, aging populations, and lifestyle-related health conditions is a key driver for the growth of connected healthcare solutions
    • For instance, in March 2025, Medtronic expanded its remote monitoring solutions across multiple regions including Europe, North America, and Asia-Pacific, supporting patients with diabetes and cardiovascular conditions in tracking vital parameters from home
  • Healthcare providers worldwide are adopting connected devices and telehealth solutions to reduce hospital visits, improve patient adherence to treatment, and enhance early detection of complications
  • The ongoing digitalization of healthcare systems, coupled with government initiatives promoting eHealth and telemedicine adoption, is accelerating connected healthcare deployment globally
  • Integration of connected healthcare systems with electronic health records (EHRs) and hospital information systems ensures streamlined workflows and data-driven decision-making, further driving market growth

Restraint/Challenge

High Implementation Costs and Data Privacy Concerns

  • The relatively high initial cost of connected healthcare solutions and the associated infrastructure can be a barrier, particularly in developing regions and small-scale healthcare facilities
    • For instance, in 2024, several hospitals in Southeast Asia postponed large-scale deployment of RPM and telehealth solutions due to budget constraints and limited digital infrastructure, highlighting adoption challenges
  • Concerns around patient data privacy, regulatory compliance, and secure transmission of sensitive health information continue to pose significant challenges for providers and solution developers
  • System integration complexities, training requirements for healthcare staff, and potential disruptions during implementation can delay adoption and increase total ownership costs
  • Overcoming these challenges through cost-effective solutions, flexible financing options, robust cybersecurity measures, and regulatory harmonization will be crucial for sustained growth in the global Connected Healthcare market

Connected Healthcare Market Scope

The market is segmented on the basis of function, type, and application.

  • By Function

On the basis of function, the Connected Healthcare market is segmented into Telemedicine, Home Monitoring, Assisted Living, and Clinical Monitoring. The Telemedicine segment dominated the largest market revenue share of 41.5% in 2025, driven by widespread adoption in hospitals and clinics for remote consultations, especially accelerated by the COVID-19 pandemic. Telemedicine reduces patient travel, enables real-time physician interaction, and allows access to specialists across geographies. Large healthcare providers in North America and Europe are integrating advanced telehealth platforms with EHR systems, enhancing clinical workflow and patient engagement. Government initiatives and reimbursement policies supporting telehealth adoption further reinforce its dominance. The segment benefits from cloud-based platforms, mobile apps, and AI-driven decision support tools, which improve diagnostic accuracy and convenience. Patient preference for home consultations and follow-up care drives continued usage.

The Home Monitoring segment is expected to witness the fastest CAGR of 22.4% from 2026 to 2033, driven by rising prevalence of chronic diseases, aging populations, and increasing demand for continuous patient monitoring at home. Devices such as wearable sensors, smart blood pressure monitors, glucose meters, and connected pulse oximeters facilitate real-time data transmission to clinicians. Integration with mobile health apps, IoT-enabled devices, and AI-based predictive analytics accelerates adoption. Growth is also fueled by government health programs in Asia-Pacific, telehealth reimbursement policies, and rising awareness about preventive care. Advancements in non-invasive monitoring technologies and the convenience of remote patient oversight are significant growth drivers.

  • By Type

On the basis of type, the Connected Healthcare market is segmented into E-Prescription, M-Health Services, and M-Health Devices. The E-Prescription segment held the largest market revenue share of 38.7% in 2025, driven by hospitals and clinics adopting digital prescription systems to reduce medication errors, enhance patient safety, and comply with regulatory requirements. E-Prescription systems integrate with electronic health records (EHRs), pharmacy management software, and insurance claim platforms, enabling seamless prescription generation and fulfillment. The adoption is strongest in North America and Western Europe due to supportive regulatory frameworks, interoperability standards, and awareness campaigns promoting digital medication management.

The M-Health Services segment is expected to witness the fastest CAGR of 23.1% from 2026 to 2033, due to the rapid adoption of mobile health apps for chronic disease management, fitness tracking, medication adherence, and patient engagement. Smartphone penetration, wearable integrations, and cloud-based platforms enable continuous monitoring, personalized health insights, and teleconsultations. Expansion in emerging markets, increased investment in digital health startups, and growing consumer preference for mobile-based healthcare services drive this segment. AI-driven predictive analytics, remote coaching, and patient-centric wellness programs further accelerate growth.

  • By Application

On the basis of application, the Connected Healthcare market is segmented into Diagnosis & Treatment, Monitoring Applications, Education & Awareness, Wellness & Prevention, and Healthcare Management. The Diagnosis & Treatment segment dominated the largest market revenue share of 36.9% in 2025, fueled by hospitals, specialty clinics, and teleconsultation platforms integrating connected diagnostic tools, imaging devices, and AI-driven analysis for early detection and treatment planning. Adoption is highest in North America and Europe due to advanced infrastructure, reimbursement support, and growing demand for personalized healthcare solutions.

The Monitoring Applications segment is anticipated to witness the fastest CAGR of 22.7% from 2026 to 2033, driven by the increasing use of remote patient monitoring devices, wearable sensors, and IoT-enabled home healthcare systems. Patients with chronic conditions such as diabetes, hypertension, and cardiovascular diseases increasingly rely on continuous monitoring solutions. Integration with mobile apps, cloud analytics, and AI platforms provides real-time alerts to clinicians and caregivers, enabling timely intervention and improved outcomes. Government initiatives supporting telemonitoring in Asia-Pacific and rising awareness of preventive care enhance adoption across homecare and assisted-living settings.

Connected Healthcare Market Regional Analysis

  • The North America connected healthcare market is projected to expand at a substantial CAGR throughout the forecast period, driven by advanced healthcare infrastructure, strong regulatory frameworks, and widespread adoption of telehealth and digital health solutions
  • Healthcare providers are increasingly leveraging connected healthcare technologies to enhance patient monitoring, improve clinical outcomes, and streamline hospital operations
  • Growth is being observed across hospitals, clinics, and home healthcare services, with digital health solutions being integrated into both newly established and existing healthcare facilities

U.S. Connected Healthcare Market Insight
The U.S. connected healthcare market dominated the North America Connected Healthcare market with the largest revenue share of approximately 42.5% in 2025, supported by a well-established healthcare infrastructure and early adoption of telehealth, remote patient monitoring, and wearable health devices. Investments from leading technology companies and government initiatives promoting digital health have further accelerated the deployment of connected healthcare solutions across hospitals, clinics, and homecare settings.

Europe Connected Healthcare Market Insight
The Europe connected healthcare market is projected to expand at a substantial CAGR throughout the forecast period, primarily driven by rising demand for digital health solutions, increased healthcare digitization, and government-backed telehealth initiatives. European healthcare providers are adopting connected healthcare systems to improve patient outcomes, enhance clinical workflows, and optimize resource utilization across hospitals, clinics, and homecare services.

U.K. Connected Healthcare Market Insight
The U.K. connected healthcare market is anticipated to grow at a noteworthy CAGR during the forecast period, supported by early adoption of telemedicine, digital health platforms, and integrated healthcare IT systems. The robust healthcare infrastructure, government support, and strong adoption of wearable and remote monitoring devices are key growth drivers.

Germany Connected Healthcare Market Insight
The Germany connected healthcare market is expected to expand at a considerable CAGR during the forecast period, driven by digital healthcare initiatives, high adoption of telemedicine platforms, and investments in smart hospital infrastructure. German healthcare providers are increasingly implementing connected healthcare solutions for improved patient monitoring, clinical decision support, and operational efficiency.

Asia-Pacific Connected Healthcare Market Insight
The Asia-Pacific connected healthcare market is poised to grow at the fastest CAGR of 10.8% from 2025 to 2033, driven by expanding internet penetration, government initiatives promoting digital healthcare, and increasing adoption of remote patient monitoring and wearable devices. Growth is being fueled by rising healthcare demands in countries such as India and China, along with investments in digital health infrastructure and telemedicine solutions.

China Connected Healthcare Market Insight
China connected healthcare market dominated the Asia-Pacific Connected Healthcare market with the largest revenue share in 2025, attributed to rapid urbanization, government-backed digital health initiatives, and high adoption of telehealth, wearable devices, and remote monitoring solutions. The country continues to lead in implementing connected healthcare technologies across hospitals, clinics, and homecare services.

India Connected Healthcare Market Insight
India connected healthcare market is expected to be the fastest-growing country in the Asia-Pacific Connected Healthcare market during the forecast period, driven by government initiatives promoting telemedicine, rising digital literacy, and increasing investments in connected healthcare infrastructure. Adoption of wearable devices and remote patient monitoring systems is accelerating, particularly in urban and semi-urban regions.

Connected Healthcare Market Share

The Connected Healthcare industry is primarily led by well-established companies, including:

• Oracle (U.S.)
• Philips Healthcare (Netherlands)
• GE Healthcare (U.S.)
• Medtronic (Ireland)
• Humana Inc. (U.S.)
• McKesson Corporation (U.S.)
• Siemens Healthineers (Germany)
• Carestream Health (U.S.)
• Hill-Rom Holdings (U.S.)
• Teleflex Incorporated (U.S.)
• Teladoc Health (U.S.)
• MorphoTrust USA (U.S.)
• Fitbit (U.S.)
• Withings (France)
• Omron Healthcare (Japan)
• IBM Watson Health (U.S.)
• Canon Medical Systems Corporation (Japan)
• Hitachi Healthcare (Japan)

Latest Developments in Global Connected Healthcare Market

  • In October 2023, ZS, a global management consulting and technology firm, launched ZAIDYN Connected Health — an AI‑powered platform designed to enhance patient engagement and outcomes by delivering personalized health insights, tailored interventions, and connected research tools for healthcare providers, payers, and pharmaceutical companies. This launch reflects the increasing role of AI in connected healthcare solutions, emphasizing data‑driven care and enhanced digital patient journeys
  • In April 2025, ResearchAndMarkets.com published an expanded Connected Healthcare Market Report highlighting that global market value increased significantly in 2024–2025, driven by aging populations, chronic disease prevalence, and rapid adoption of IoT devices, sensors, and AI‑enabled health monitoring systems. The report noted increased healthcare spending as a key catalyst for innovation and market expansion
  • In April 2025, Informa Markets launched WHX — a new unified brand platform succeeding Arab Health, aimed at transforming global healthcare collaboration and innovation, including connected healthcare technologies showcased at the event in Dubai. This represents a major shift in the ecosystem for digital health networking, industry partnerships, and showcasing new connected healthcare solutions


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. 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 drop down your inquiry.

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Frequently Asked Questions

The connected healthcare market size was valued at USD 36.51 billion in 2025.
The connected healthcare market is to grow at a CAGR of 23.88% during the forecast period of 2026 to 2033.
The Connected Healthcare market is segmented into three notable segments based on type, communication protocol, unlocking mechanism, and application. On the basis of Function, the market is segmented into Telemedicine, Home Monitoring, Assisted Living, and Clinical Monitoring. On the basis of Type, the market is segmented into E-Prescription, M-Health Services, and M-Health Devices. On the basis of Application, the market is segmented into Diagnosis & Treatment, Monitoring Applications, Education & Awareness, Wellness & Prevention, and Healthcare Management.
Companies such as Oracle (U.S.), Philips Healthcare (Netherlands), GE Healthcare (U.S.), Medtronic (Ireland), Humana Inc. (U.S.) are major players in Connected Healthcare market.
In April 2025, Informa Markets launched WHX — a new unified brand platform succeeding Arab Health, aimed at transforming global healthcare collaboration and innovation, including connected healthcare technologies showcased at the event in Dubai. This represents a major shift in the ecosystem for digital health networking, industry partnerships, and showcasing new connected healthcare solutions
The countries covered in the Connected Healthcare market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of Middle East and Africa.
Asia-Pacific is expected to be the fastest growing region with a CAGR of 10.8% from 2025 to 2033, led by India and China, due to expanding internet penetration, government initiatives promoting digital healthcare, and increasing adoption of remote patient monitoring and wearable devices
The U.S. is expected to dominate the Connected Healthcare market, driven by advanced healthcare infrastructure

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