Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 145.67 Billion | USD 1612.56 Billion | 30.6% | 2024 |
FrequentlyAsked Questions
Connected healthcare is a model that uses technology—like wearable devices, mobile apps, and remote monitoring tools—to link patients, healthcare providers, and data systems. It aims to improve care coordination, patient engagement, and health outcomes through real-time information sharing and communication.
The global connected healthcare market is expected to grow due to increasing demand for remote patient monitoring, rising adoption of telehealth services, and the growing prevalence of chronic diseases requiring continuous care, all facilitated by advancements in digital health technologies.
According to a study, the global connected healthcare market size was worth around USD 145.67 Billion in 2024 and is expected to reach USD 1612.56 Billion by 2034.
The global connected healthcare market is expected to grow at a CAGR of 30.6% during the forecast period.
North America is expected to dominate the connected healthcare market over the forecast period.
Leading players in the global connected healthcare market include Fitbit LLC, Drägerwerk AG & Co. KGaA, GE Healthcare, Koninklijke Philips N.V., Omron Healthcare Inc., Apple Inc., Garmin International Inc., Boston Scientific Corp., Abbott, and Medtronic, among others.
The report explores crucial aspects of the connected healthcare market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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