Global connected healthcare device market will reach $338.6 billion by 2033, growing by 19.5% annually over 2023-2033. The growth is driven by the emergence of telehealth and telemedicine services, benefits such as reliability and effective patient monitoring, the penetration of mobile and internet technology, government initiatives, growing spending on R&D activities, and an increasing adoption of IT and IoT in healthcare.
Highlighted with 85 tables and 94 figures, this 189-page report "Global Connected Healthcare Device Market 2023-2033 by Product (Medical Devices, Wellness Devices, Software & Services), Device Type (Wearable, Implantable, Stationary), Application (Remote Monitoring, Consultation and Diagnosis, Treatment, Fitness and Wellness), End User (Hospitals, Clinics, ASCs, Home Care), and Region: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire global connected healthcare device market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global connected healthcare device market in every aspect of the classification from perspectives of Product, Device Type, Application, End User, and Region.
Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Medical Devices
o Blood Pressure Monitor
o Glucose Monitor
o Insulin Pump
o ECG Monitoring Device
o Pulse Oximeter
o Portable GPS PERS
o Smart Pill Dispenser
o Other Medical Devices
• Wellness Devices
o Body Analyzer
o Digital Pedometer
o GPS Sports Watch
o Heart Rate Monitor
o Sleep Quality Monitor
o Other Wellness Devices
• Software & Services
o Fitness & Wellness App
o Online Subscription
o Other Software & Services
Based on Device Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Wearable Devices
• Implantable Devices
• Stationary Devices
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Remote Monitoring
• Consultation and Diagnosis Services
• Treatment Services
• Fitness and Wellness Services
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Home Care Settings
• Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and annual revenue ($ mn) are available for 2023-2033. The breakdown of all regional markets by country and the breakdown of each national market by Product, Device Type, and End User and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Abbott Laboratories
Aerotel Medical System Ltd.
AgaMatrix, Inc.
Apple Inc.
BioTelemetry Inc.
Biotronik SE & Co. KG
Boston Scientific Corporation
DexCom Inc.
Draeger Medical Systems, Inc.
F. Hoffmann-La Roche AG
Fitbit, Inc.
Garmin Ltd.
GE Healthcare
Honeywell International Inc.
IHealth Labs (Subsidiary of Andon Health)
Johnson & Johnson
Koninklijke Philips NV
McKesson Corporation
Medtronic PLC
NXP Semiconductors NV
Omron Healthcare Inc.
Phillips Healthcare Company
Siemens Healthcare Private Limited
Stanley Healthcare
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict 30
2.1.4 Impact of Israel-Palestine War 32
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter's Fiver Forces Analysis 44
3 Segmentation of Global Market by Product 48
3.1 Market Overview by Product 48
3.2 Medical Devices 50
3.2.1 Blood Pressure Monitor 52
3.2.2 Glucose Monitor 53
3.2.3 Insulin Pump 54
3.2.4 ECG Monitoring Device 55
3.2.5 Pulse Oximeter 56
3.2.6 Portable GPS PERS 57
3.2.7 Smart Pill Dispenser 58
3.2.8 Other Medical Devices 59
3.3 Wellness Devices 60
3.3.1 Body Analyzer 62
3.3.2 Digital Pedometer 63
3.3.3 GPS Sports Watch 64
3.3.4 Heart Rate Monitor 65
3.3.5 Sleep Quality Monitor 66
3.3.6 Other Wellness Devices 67
3.4 Software & Services 68
3.4.1 Fitness & Wellness App 69
3.4.2 Online Subscription 70
3.4.3 Other Software & Services 71
4 Segmentation of Global Market by Device Type 72
4.1 Market Overview by Device Type 72
4.2 Wearable Devices 74
4.3 Implantable Devices 75
4.4 Stationary Devices 76
5 Segmentation of Global Market by Application 77
5.1 Market Overview by Application 77
5.2 Remote Monitoring 79
5.3 Consultation and Diagnosis Services 80
5.4 Treatment Services 81
5.5 Fitness and Wellness Services 82
6 Segmentation of Global Market by End User 83
6.1 Market Overview by End User 83
6.2 Hospitals 85
6.3 Specialty Clinics 86
6.4 Ambulatory Surgical Centers (ASCs) 87
6.5 Home Care Settings 88
6.6 Other End Users 89
7 Segmentation of Global Market by Region 90
7.1 Geographic Market Overview 2023-2033 90
7.2 North America Market 2023-2033 by Country 94
7.2.1 Overview of North America Market 94
7.2.2 U.S. 98
7.2.3 Canada 101
7.2.4 Mexico 103
7.3 European Market 2023-2033 by Country 105
7.3.1 Overview of European Market 105
7.3.2 Germany 109
7.3.3 U.K. 111
7.3.4 France 113
7.3.5 Spain 115
7.3.6 Italy 117
7.3.7 Netherlands 119
7.3.8 Rest of European Market 121
7.4 Asia-Pacific Market 2023-2033 by Country 123
7.4.1 Overview of Asia-Pacific Market 123
7.4.2 Japan 127
7.4.3 China 130
7.4.4 Australia 132
7.4.5 India 134
7.4.6 South Korea 136
7.4.7 Rest of APAC Region 138
7.5 South America Market 2023-2033 by Country 140
7.5.1 Argentina 143
7.5.2 Brazil 145
7.5.3 Chile 147
7.5.4 Rest of South America Market 149
7.6 MEA Market 2023-2033 by Country 150
7.6.1 UAE 153
7.6.2 Saudi Arabia 155
7.6.3 South Africa 157
7.6.4 Other National Markets 159
8 Competitive Landscape 160
8.1 Overview of Key Vendors 160
8.2 New Product Launch, Partnership, Investment, and M&A 163
8.3 Company Profiles 164
Abbott Laboratories 164
Aerotel Medical System Ltd. 166
AgaMatrix, Inc. 167
Apple Inc. 168
BioTelemetry Inc. 169
Biotronik SE & Co. KG 170
Boston Scientific Corporation 171
DexCom Inc. 172
Draeger Medical Systems, Inc. 173
F. Hoffmann-La Roche AG 174
Fitbit, Inc. 175
Garmin Ltd. 176
GE Healthcare 177
Honeywell International Inc. 178
IHealth Labs (Subsidiary of Andon Health) 179
Johnson & Johnson 180
Koninklijke Philips NV 181
McKesson Corporation 182
Medtronic PLC 183
NXP Semiconductors NV 184
Omron Healthcare Inc. 185
Phillips Healthcare Company 186
Siemens Healthcare Private Limited 187
Stanley Healthcare 188
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