The global demand for Connected Healthcare Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Connected healthcare or technology-enabled care (TEC) uses advanced technology to offer healthcare services remotely. It is a socio-technical model of proper healthcare management that mainly intents to enhance healthcare facilities to offer improved and adaptable healthcare solutions to the patients. Connected healthcare provides better treatment options and self- care by engaging the patient with the physician more productively using advanced techniques and methods. It incorporates remote care (home care, telehealth and Disease, and lifestyle management.
Market Dynamics
The global connected healthcare is expected to witness significant growth during the forecast period. Increasing internet penetration, increasing prevalence of chronic diseases, growing government investment in the healthcare sector, increasing awareness about healthcare, and advancement in healthcare technologies are the few elements that are driving the global market. Moreover, factors such as the increasing demand for connected healthcare devices, growing adoption for telemedicine, increasing need of aged population to get the treatment at home with own convenience and flexibility, and rising need for real-time monitoring and sharing data related to patients are the few prominent factors that are boosting the global market. The global pandemic COVID-19 is expected to prosper the global market owing to increasing demand for telehealth consultations and contactless monitoring of patients.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of connected healthcare.
Market Segmentation
The entire connected healthcare market has been sub-categorized into function, type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Function
- Telemedicine
- Home Monitoring
- Assisted Living
- Clinical Monitoring
By Type
- E-Prescription
- mHealth Services
- mHealth Devices
By Application
- Diagnosis & Treatment
- Monitoring Applications
- Education & Awareness
- Wellness & Prevention
- Healthcare Management
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for connected healthcare market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Connected Healthcare Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the connected healthcare market include Accenture Plc, IBM Corporation, SAP SE, GE Healthcare, Oracle Corporation, Microsoft Corporation, Airstrip Technology, Medtronic, Allscripts, Boston Scientific Corporation, Athenahealth Inc., Cerner, Koninklijke Philips N.V., Agamatrix, Inc., Qualcomm, and AliveCor Inc., among others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.