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Connected Healthcare Market by Function (Telemedicine, Home Monitoring, Assisted Living, and Clinical Monitoring), by Type (e-Prescription, mHealth Services, and mHealth Devices), and Application (Diagnosis & Treatment, Monitoring Applications, Education & Awareness, Wellness & Prevention, Healthcare Management, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Published Date: 10-Oct-2018 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3417 Status : Published

Global connected healthcare market expected to generate revenue of around USD 10,158.15 million by end of 2024, growing at a CAGR of around 27.47% between 2018 and 2024. Connected healthcare links numerous aspects of the healthcare system to ensure that healthcare providers and patients have access to all the data.

Description

The report covers forecast and analysis for the connected healthcare market on a global and regional level. The study provides historical data from 2015 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the connected healthcare market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the connected healthcare market on a global as well as regional level.

In order to give the users of this report a comprehensive view of the connected healthcare market, we have included the competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Connected Healthcare Market

The report provides company market share analysis in order to give a broader overview of the key players in the connected healthcare market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new diagnostics launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the connected healthcare market on the global and regional basis. 

The study provides a decisive view on the connected healthcare market by segmenting the market based on function, type, application, and regions. The segments have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. The function segment has been segmented into telemedicine, home monitoring, assisted living, and clinical monitoring. Based on the type, connected healthcare market has been segmented into e-prescription, mHealth services, and mHealth devices. mHealth services segment holds the maximum share of the type segment owing to its wide applications. Based on application, connected healthcare market has been segmented into diagnosis & treatment, monitoring applications, education & awareness, wellness & prevention, healthcare management, and others.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further divided into major countries including the U.S., Canada, Germany, France, the UK, China, Japan, India, and Brazil. This segmentation includes demand for connected healthcare based on individual segment and applications in all the regions and countries.

The report also includes detailed profiles of end players such as 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 report segments the global connected healthcare market as follows:

Global Connected Healthcare Market: By Function

  • Telemedicine
  • Home Monitoring
  • Assisted Living
  • Clinical Monitoring

Global Connected Healthcare Market: By Type

  • e-Prescription
  • mHealth Services
  • mHealth Devices

Global Connected Healthcare Market: By Application

  • Diagnosis & Treatment
  • Monitoring Applications
  • Education & Awareness
  • Wellness & Prevention
  • Healthcare Management
  • Others

Global Connected Healthcare Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Connected Healthcare market, 2017 - 2024 (USD Million)
    • 2.2. Global Connected Healthcare market : Snapshot
  •  
  • Chapter 3. Connected Healthcare- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global Connected Healthcare market drivers: Impact analysis
      • 3.2.2. Rising aging population
      • 3.2.3. Increased use of wearable devices
    • 3.3. Market Restraints
      • 3.3.1. Dangers related to data security
      • 3.3.2. Lack of skilled manpower to manage large volume of data
    • 3.4. Opportunities
      • 3.4.1. Rise in remote health monitoring devices
    • 3.5. Porter's five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by function segment
      • 3.6.2. Market attractiveness analysis, by type segment
      • 3.6.3. Market attractiveness analysis, by application segment
  •  
  • Chapter 4. Global Connected Healthcare Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global Connected Healthcare market: company market share, 2017
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Diagnostics Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Regional Expansion
  •  
  • Chapter 5. Global Connected Healthcare Market - Function Segment Analysis
    • 5.1. Global Connected Healthcare market: Function overview
      • 5.1.1. Global Connected Healthcare market revenue share, by Function, 2017 and 2024
    • 5.2. Telemedicine
      • 5.2.1. Global Connected Healthcare market for Telemedicine, 2017 - 2024 (USD Million)
    • 5.3. Home Monitoring
      • 5.3.1. Global Connected Healthcare market for Home Monitoring, 2017 - 2024 (USD Million)
    • 5.4. Assisted Living
      • 5.4.1. Global Connected Healthcare market for Assisted Living, 2017 - 2024 (USD Million)
    • 5.5. Clinical Monitoring
      • 5.5.1. Global Connected Healthcare market for Clinical Monitoring, 2017 - 2024 (USD Million)
  •  
  • Chapter 6. Global Connected Healthcare Market - Type Segment Analysis
    • 6.1. Global Connected Healthcare market: Type overview
      • 6.1.1. Global Connected Healthcare market revenue share, by Type, 2017 and 2024
    • 6.2. e-Prescription
      • 6.2.1. Global Connected Healthcare market for e-Prescription, 2017 - 2024 (USD Million)
    • 6.3. mHealth Services
      • 6.3.1. Global Connected Healthcare market for mHealth Services, 2017 - 2024 (USD Million)
    • 6.4. mHealth Devices
      • 6.4.1. Global Connected Healthcare market for mHealth Devices, 2017 - 2024 (USD Million)
  •  
  • Chapter 7. Global Connected Healthcare Market - Application Segment Analysis
    • 7.1. Global Connected Healthcare market: Application overview
      • 7.1.1. Global Connected Healthcare market revenue share, by Application, 2017 and 2024
    • 7.2. Diagnosis & Treatment
      • 7.2.1. Global Connected Healthcare market for Diagnosis & Treatment, 2017 - 2024 (USD Million)
    • 7.3. Monitoring Applications
      • 7.3.1. Global Connected Healthcare market for Monitoring Applications, 2017 - 2024 (USD Million)
    • 7.4. Education & Awareness
      • 7.4.1. Global Connected Healthcare market for Education & Awareness, 2017 - 2024 (USD Million)
    • 7.5. Wellness & Prevention
      • 7.5.1. Global Connected Healthcare market for Wellness & Prevention, 2017 - 2024 (USD Million)
    • 7.6. Healthcare Management
      • 7.6.1. Global Connected Healthcare market for Healthcare Management, 2017 - 2024 (USD Million)
    • 7.7. Others
      • 7.7.1. Global Connected Healthcare market for Others, 2017 - 2024 (USD Million)
  •  
  • Chapter 8. Global Connected Healthcare Market - Regional Segment Analysis
    • 8.1. Global Connected Healthcare market: Regional overview
      • 8.1.1. Global Connected Healthcare market revenue share, by region, 2017 and 2024
    • 8.2. North America
      • 8.2.1. North America Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
      • 8.2.2. North America Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
      • 8.2.3. North America Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.2.4. U.S.
        • 8.2.4.1. U.S. Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.2.4.2. U.S. Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.2.4.3. U.S. Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.2.5. Canada
        • 8.2.5.1. Canada Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.2.5.2. Canada Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.2.5.3. Canada Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.2.6.2. Rest of North America Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.2.6.3. Rest of North America Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
      • 8.3.2. Europe Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
      • 8.3.3. Europe Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.4. Germany
        • 8.3.4.1. Germany Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.4.2. Germany Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.4.3. Germany Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.5. U.K.
        • 8.3.5.1. U.K. Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.5.2. U.K. Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.5.3. U.K. Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.6.2. France Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.6.3. France Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.7. Italy
        • 8.3.7.1. Italy Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.7.2. Italy Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.7.3. Italy Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.8. Spain
        • 8.3.8.1. Spain Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.8.2. Spain Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.8.3. Spain Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.9. Russia
        • 8.3.9.1. Russia Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.9.2. Russia Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.9.3. Russia Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.3.10. Rest of Europe
        • 8.3.10.1. Rest of Europe Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.3.10.2. Rest of Europe Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.3.10.3. Rest of Europe Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
      • 8.4.2. Asia Pacific Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
      • 8.4.3. Asia Pacific Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.4.4. China
        • 8.4.4.1. China Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.4.4.2. China Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.4.4.3. China Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.4.5. Japan
        • 8.4.5.1. Japan Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.4.5.2. Japan Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.4.5.3. Japan Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.4.6. India
        • 8.4.6.1. India Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.4.6.2. India Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.4.6.3. India Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.4.7. Australia
        • 8.4.7.1. Australia Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.4.7.2. Australia Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.4.7.3. Australia Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
      • 8.5.2. Latin America Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
      • 8.5.3. Latin America Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.5.4.2. Brazil Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.5.4.3. Brazil Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.5.5. Mexico
        • 8.5.5.1. Mexico Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.5.5.2. Mexico Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.5.5.3. Mexico Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.5.6. Argentina
        • 8.5.6.1. Argentina Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.5.6.2. Argentina Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.5.6.3. Argentina Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.5.7. Rest of Latin America
        • 8.5.7.1. Rest of Latin America Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.5.7.2. Rest of Latin America Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.5.7.3. Rest of Latin America Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
    • 8.6. Middle East and Africa
      • 8.6.1. Middle East and Africa Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
      • 8.6.2. Middle East and Africa Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
      • 8.6.3. Middle East and Africa Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.6.4. Saudi Arabia
        • 8.6.4.1. Saudi Arabia Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.6.4.2. Saudi Arabia Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.6.4.3. Saudi Arabia Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.6.5. UAE
        • 8.6.5.1. UAE Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.6.5.2. UAE Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.6.5.3. UAE Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.6.6. South Africa
        • 8.6.6.1. South Africa Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.6.6.2. South Africa Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.6.6.3. South Africa Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.6.7. Qatar
        • 8.6.7.1. Qatar Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.6.7.2. Qatar Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.6.7.3. Qatar Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
      • 8.6.8. Rest of Middle East and Africa
        • 8.6.8.1. Rest of Middle East and Africa Connected Healthcare market revenue, by Function, 2017 - 2024 (USD Million)
        • 8.6.8.2. Rest of Middle East and Africa Connected Healthcare market revenue, by Type, 2017 - 2024 (USD Million)
        • 8.6.8.3. Rest of Middle East and Africa Connected Healthcare market revenue, by Application, 2017 - 2024 (USD Million)
  •  
  • Chapter 9. Company Profile
    • 9.1. Accenture plc
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Therapy portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. IBM Corporation
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Therapy portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. SAP SE
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Therapy portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. GE Healthcare
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Therapy portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Oracle Corporation
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Therapy portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Microsoft Corporation
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Therapy portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Airstrip Technology
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Therapy portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Medtronic
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Therapy portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. Allscripts
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Therapy portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. Boston Scientific Corporation
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Therapy portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments
    • 9.11. Athenahealth Inc.
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Therapy portfolio
      • 9.11.4. Business strategy
      • 9.11.5. Recent developments
    • 9.12. Cerner
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Therapy portfolio
      • 9.12.4. Business strategy
      • 9.12.5. Recent developments
    • 9.13. Koninklijke Philips N.V.
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Therapy portfolio
      • 9.13.4. Business strategy
      • 9.13.5. Recent developments
    • 9.14. Agamatrix, Inc.
      • 9.14.1. Overview
      • 9.14.2. Financials
      • 9.14.3. Therapy portfolio
      • 9.14.4. Business strategy
      • 9.14.5. Recent developments
    • 9.15. Qualcomm
      • 9.15.1. Overview
      • 9.15.2. Financials
      • 9.15.3. Therapy portfolio
      • 9.15.4. Business strategy
      • 9.15.5. Recent developments
    • 9.16. AliveCor Inc.
      • 9.16.1. Overview
      • 9.16.2. Financials
      • 9.16.3. Therapy portfolio
      • 9.16.4. Business strategy
      • 9.16.5. Recent developments

Methodology

Free Analysis

Connected healthcare can be defined as the linking of multiple facets of healthcare to ensure that healthcare providers and patients have access to all the data. Automated systems make sure that patients are connected to healthcare providers and multiple healthcare providers are connected to each other. Connected healthcare has the potential to enhance the quality of healthcare, reduce healthcare costs, and enhance production. Currently, the healthcare systems are fragmented. Connected healthcare can address this issue by correcting the disorganization in the area of chronic disease management and workflow management. Connected healthcare makes it easy for patients to get involved in healthcare systems. The participation of patients goes well beyond the changes they make to their lifestyle. It includes health data monitoring and reporting, among other things.

Connected healthcare solutions provide complete health-related data of the patients by combining data from different facets of the patient’s life. This helps healthcare providers to make patient-specific care decisions. Patients can interact with the physicians without visiting them in person and clinicians can monitor the health of their patients by collecting patient data frequently. Connected healthcare provides the much-needed convenience for all the stakeholders. Patients can consult the doctor from anywhere by updating their health data and clinicians can monitor this data and make decisions to prevent health conditions. For example, a person suffering from hypertension can transmit his/her blood pressure readings on a daily or weekly basis to the clinician, instead of visiting the hospital. The doctor can analyze this data to detect any issue before it turns into a problem. The patient can visit the hospital or clinic if the doctor wants to carry out other tests or the doctor can opt for teleconferencing. This can especially help the rural patients who have to travel long distances just to take simple consultations from doctors.

Global Connected Healthcare Market

Telemedicine is one of the most important functions of connected healthcare and it was the first form of connected healthcare that was used to administer clinical healthcare to distant areas. With the advent of Electronic Healthcare Record (EHR), connected healthcare has become the most important aspect. EHR is a digital format of the paper chart of a patient medical history. The EHRs are updated in real-time and make it possible for authorized healthcare providers to access patient information at any time. The EHRs contain diagnosis and treatment history of the patients.

With the increasing use of technology in healthcare, connected care will become a necessity. The increasing penetration of smartphones will make implementation of connected healthcare very easy. According to Statista, over 1.5 billion smartphones were sold in 2016. Over one-third of the world, population owns a smartphone which is expected to increase further.  
  
Factors such as rising aging population, increased use of wearable devices, increased penetration of internet around the world, fast developing technology, evolving healthcare model across the globe, and increasing need for integration of healthcare services will be the growth drivers for global connected healthcare market. Rise in remote health monitoring devices, development of new and innovative wearable devices, and increasing focus on patient-centered analytics are increasing opportunities for the market players in the connected healthcare market. However, risk related to data security, threats of cyberattack, lack of skilled manpower to manage a large volume of data, and lack of awareness regarding health apps will restrict the growth of global connected healthcare market.

The global connected healthcare market is segmented into function, type, application, and region. The function segment has been segmented into telemedicine, home monitoring, assisted living, and clinical monitoring. Based on the type, the connected healthcare market is segmented into e-prescription, mHealth services, and mHealth devices. mHealth services segment holds the maximum share of the type segment owing to its wide applications. Based on application, connected healthcare market has been segmented into diagnosis & treatment, monitoring applications, education & awareness, wellness & prevention, healthcare management, and others.

North America anticipates leading the market during the forecast period. The presence of the latest healthcare models, the rise in government spending on automated systems in healthcare, and the presence of skilled manpower will drive the market growth in this region. North America is followed by Europe; the growth of the European connected healthcare market is majorly due to the increasing geriatric population, the growing need for integrated healthcare services, and high penetration of internet. The Asia Pacific is expected to grow at a rapid rate over the forecast period. Rise in the geriatric population, increasing use of smartphones and wearable devices, and rising investment in healthcare infrastructure will boost the connected healthcare market in this region. Latin America connected healthcare market will grow at a conservative rate during the forecast period. The Middle East and Africa are expected to experience appreciable growth in the near future.

Some of the key 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.

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