North America connected healthcare device market is projected to grow by 18.9% annually in the forecast period and reach $106.9 billion by 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 26 tables and 58 figures, this 126-page report "North America 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 Country: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire North America 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 North America 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 North America connected healthcare device market in every aspect of the classification from perspectives of Product, Device Type, Application, End User, and Country.
Based on Product, the North America 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 North America 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 North America 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 North America 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 national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2023-2033. The breakdown of national markets 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 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter's Fiver Forces Analysis 41
3 Segmentation of North America Market by Product 45
3.1 Market Overview by Product 45
3.2 Medical Devices 47
3.2.1 Blood Pressure Monitor 49
3.2.2 Glucose Monitor 50
3.2.3 Insulin Pump 51
3.2.4 ECG Monitoring Device 52
3.2.5 Pulse Oximeter 53
3.2.6 Portable GPS PERS 54
3.2.7 Smart Pill Dispenser 55
3.2.8 Other Medical Devices 56
3.3 Wellness Devices 57
3.3.1 Body Analyzer 59
3.3.2 Digital Pedometer 60
3.3.3 GPS Sports Watch 61
3.3.4 Heart Rate Monitor 62
3.3.5 Sleep Quality Monitor 63
3.3.6 Other Wellness Devices 64
3.4 Software & Services 65
3.4.1 Fitness & Wellness App 66
3.4.2 Online Subscription 67
3.4.3 Other Software & Services 68
4 Segmentation of North America Market by Device Type 69
4.1 Market Overview by Device Type 69
4.2 Wearable Devices 71
4.3 Implantable Devices 72
4.4 Stationary Devices 73
5 Segmentation of North America Market by Application 74
5.1 Market Overview by Application 74
5.2 Remote Monitoring 76
5.3 Consultation and Diagnosis Services 77
5.4 Treatment Services 78
5.5 Fitness and Wellness Services 79
6 Segmentation of North America Market by End User 80
6.1 Market Overview by End User 80
6.2 Hospitals 82
6.3 Specialty Clinics 83
6.4 Ambulatory Surgical Centers (ASCs) 84
6.5 Home Care Settings 85
6.6 Other End Users 86
7 North America Market 2023-2033 by Country 87
7.1 Overview of North America Market 87
7.2 U.S. 90
7.3 Canada 93
7.4 Mexico 95
8 Competitive Landscape 97
8.1 Overview of Key Vendors 97
8.2 New Product Launch, Partnership, Investment, and M&A 100
8.3 Company Profiles 101
Abbott Laboratories 101
Aerotel Medical System Ltd. 103
AgaMatrix, Inc. 104
Apple Inc. 105
BioTelemetry Inc. 106
Biotronik SE & Co. KG 107
Boston Scientific Corporation 108
DexCom Inc. 109
Draeger Medical Systems, Inc. 110
F. Hoffmann-La Roche AG 111
Fitbit, Inc. 112
Garmin Ltd. 113
GE Healthcare 114
Honeywell International Inc. 115
IHealth Labs (Subsidiary of Andon Health) 116
Johnson & Johnson 117
Koninklijke Philips NV 118
McKesson Corporation 119
Medtronic PLC 120
NXP Semiconductors NV 121
Omron Healthcare Inc. 122
Phillips Healthcare Company 123
Siemens Healthcare Private Limited 124
Stanley Healthcare 125
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