Global Connected Healthcare Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027

"Global Connected Healthcare Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027" is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global connected healthcare market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global connected healthcare market report has been segmented on the basis of function, type, application, and region.

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Introduction:

Connected health is a socio-technical model for healthcare management system. Connected health is also known as technology enabled care (TEC) that aims to maximize the healthcare resources and to provide increased and flexible opportunities for the consumers that aid to engage with clinicians. It uses readily available consumer technologies to deliver patient care outside of the hospital or doctor's office. Connected health includes programs in telehealth, remote care (such as home care), and disease and lifestyle management. In addition, leverages existing technologies such as connected devices using cellular networks in order to improve chronic care.

Dynamics:

High Internet penetration in developed and developing countries, coupled with increasing government expenditure on the healthcare sector in order to facilitate various healthcare services is a major factor driving growth of the global connected healthcare market currently. In addition, rising aging population across the globe and continuous evolving point of care models is resulting into growing demand for connected healthcare devices for real time monitoring and sharing of data related to patients, which is another key factor expected to support growth of the global market. In addition, growing patient centric approach and increasing adoption of various healthcare connected devices among patients are other major factors expected to support growth of the target market over the forecast period.

However, lack of security standards and risk associated to data loss are some major factors expected to hamper growth of the target market. In addition, complexity of data is another factors expected to limit the growth of the global market to certain extent.

Increasing investment by major players and rising government expenditure on development of healthcare infrastructure in developing countries are expected to create new opportunities in terms of revenue for player operating in market over the forecast period. In addition, growing merger and acquisition activities among various regional and international players is expected to further support growth of the target market to certain extent.

Region Analysis:

The market in North America is expected to dominate the global connected healthcare market in terms of revenue and is expected to continue its dominance over the forecast period. The dominance can be attributed to well-developed healthcare sector, well developed internet infrastructure and presence of major players operating in the countries in this region. Europe is anticipated to contribute significant revenue share to the global market, owing growing number of aged population suffering from various diseases. The market in Asia Pacific is expected witness fatter growth, owing to increasing government expenditure on healthcare sector, high internet penetration, growing consumer electronics market and growing number of patient pool suffering from various diseases.

Global Connected Healthcare Market Segmentation:

By Function:

• Telemedicine
• Home Monitoring
• Assisted Living
• Clinical Monitoring

By Type:

• e-Prescription
• m-Health Services
• m-Health Devices

By Application:

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

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa