Global Connected Care Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In September 2021, Medtronic India collaborated with Statis Health, a division of Stasis Labs, to promote the latter's bedside patient monitoring system throughout India. A bedside monitor and a cloud-connected app provide remote monitoring across devices in the connected care monitoring system

• In August 2021, Royal Philips added two new products to its HealthSuite, one is focusing on acute care telehealth and the other on patient flow capacity.

The global connected care market is experiencing significant growth, driven by a myriad of factors including technological advancements, increasing prevalence of chronic diseases, and the rising demand for efficient healthcare solutions. With the integration of digital technologies such as IoT devices, telemedicine platforms, and remote patient monitoring systems, healthcare providers are able to offer personalized and proactive care to patients regardless of their location.

One key segment within the connected care market is remote patient monitoring (RPM). RPM enables healthcare professionals to remotely monitor patients' vital signs, medication adherence, and overall health status in real-time. This not only improves patient outcomes by facilitating early intervention and timely adjustments to treatment plans but also reduces healthcare costs by minimizing the need for frequent hospital visits and readmissions.

Another significant segment is telehealth and telemedicine services, which have witnessed exponential growth, especially in light of the COVID-19 pandemic. These services enable patients to consult with healthcare providers virtually, eliminating geographical barriers and improving access to care, particularly for individuals residing in rural or underserved areas. Moreover, telehealth appointments offer convenience and flexibility to patients, leading to higher patient satisfaction rates and improved healthcare delivery overall.

The adoption of digital health platforms and mobile health (mHealth) applications is on the rise, contributing to the expansion of the connected care market. These platforms empower patients to actively participate in their healthcare management through features such as symptom tracking, medication reminders, and access to educational resources. Additionally, they facilitate communication and collaboration between patients and healthcare providers, fostering a more patient-centered approach to healthcare delivery. As the global healthcare landscape continues to evolve, the connected care market is poised for sustained growth, driven by ongoing technological innovation and the increasing prioritization of patient-centric care models.

Global Connected Care Segment Analysis

In this report, the Global Connected Care Market has been segmented by Type, Application, Function and Geography.

Global Connected Care Market, Segmentation by Type

The Global Connected Care Market has been segmented by Type into M-Health Services, M-Health Devices and E-Prescription.

The global connected care market can be segmented into several types, each catering to specific aspects of healthcare technology and services. One prominent segment is remote monitoring devices, which allow healthcare providers to remotely monitor patients' vital signs and health metrics. These devices, ranging from wearable fitness trackers to advanced medical-grade monitors, enable continuous tracking of patients' health status, facilitating early intervention and personalized care plans.

Another significant segment is telehealth services, which utilize telecommunications technology to deliver healthcare services remotely. This includes virtual consultations with healthcare providers, remote diagnosis and treatment, and telemedicine platforms that connect patients with specialists regardless of geographical location. Telehealth services have gained traction, particularly in rural and underserved areas, improving access to healthcare and reducing barriers to timely medical interventions.

The connected care market encompasses healthcare IoT (Internet of Things) solutions, which involve interconnected devices and systems within healthcare infrastructure. IoT technologies enable seamless data exchange between medical devices, electronic health records (EHR) systems, and other healthcare IT platforms, enhancing care coordination and facilitating data-driven decision-making. These IoT-enabled solutions streamline processes, improve operational efficiency, and support better patient outcomes by harnessing real-time data and analytics.

Global Connected Care Market, Segmentation by Application

The Global Connected Care Market has been segmented by Application into Monitoring, Diagnosis, Education and Awareness, Healthcare Management and Wellness and Prevention.

The global connected care market encompasses a diverse array of applications, each tailored to address specific needs within the healthcare ecosystem. One significant application lies in remote patient monitoring (RPM). RPM enables healthcare providers to remotely monitor patients' vital signs, symptoms, and other health indicators outside of traditional clinical settings. This technology is particularly beneficial for patients with chronic conditions, allowing for early intervention and personalized care plans. By leveraging connected devices such as wearables and mobile apps, RPM fosters continuous communication between patients and healthcare professionals, leading to improved health outcomes and reduced healthcare costs.

Another key application of connected care is telemedicine, which facilitates remote diagnosis and treatment through telecommunications technology. Telemedicine consultations enable patients to connect with healthcare providers from the comfort of their homes, eliminating geographical barriers and improving access to care, especially in underserved areas. This approach is particularly valuable for non-emergency medical issues, follow-up appointments, and routine check-ups. With the integration of video conferencing, secure messaging, and electronic health records (EHRs), telemedicine offers a seamless and efficient healthcare experience for both patients and providers.

Connected care solutions play a vital role in supporting aging populations and individuals with disabilities through remote caregiving and assisted living technologies. These applications encompass a range of devices and services, including smart home sensors, medication management systems, and personal emergency response systems (PERS). By monitoring activities of daily living and providing real-time alerts, connected caregiving solutions enhance safety, independence, and quality of life for vulnerable populations. Moreover, they offer peace of mind to family members and caregivers by enabling remote supervision and timely intervention when needed. As the demand for aging-in-place options continues to grow, connected care technologies are poised to play an increasingly significant role in enabling individuals to live independently while receiving necessary support and assistance.

Global Connected Care Market, Segmentation by Function

The Global Connected Care Market has been segmented by Function into Home Monitoring, Clinical Monitoring, Assisted Living and Telemedicine.

The global connected care market segmentation by function reveals a multifaceted landscape shaped by the diverse needs of patients and healthcare providers. One significant category within this segmentation is remote monitoring, which enables healthcare professionals to track patients' vital signs and health parameters from a distance. By leveraging wearable devices and sensors, remote monitoring empowers individuals to manage chronic conditions more effectively while allowing healthcare providers to intervene promptly when necessary.

Another pivotal function in the connected care market is telehealth and telemedicine services. These platforms facilitate virtual consultations between patients and healthcare professionals, breaking down geographical barriers and increasing access to healthcare services. Through secure video conferencing and messaging systems, telehealth enables timely medical advice, diagnosis, and treatment, particularly beneficial for individuals in rural or underserved areas.

Care coordination emerges as a crucial aspect of connected care, emphasizing the seamless exchange of information and collaboration among various healthcare stakeholders. Integrated electronic health records (EHRs), communication platforms, and care management software play a pivotal role in ensuring continuity of care across different providers and settings. By streamlining workflows and enhancing communication channels, care coordination enhances patient outcomes and satisfaction while reducing healthcare costs.

Global Connected Care Market, Segmentation by Geography

In this report, the Global Connected Care Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Connected Care Market Share (%), by Geographical Region, 2024

The global connected care market is witnessing significant growth across various geographical regions, fueled by the increasing adoption of digital health solutions and the rising prevalence of chronic diseases. In North America, particularly in the United States and Canada, the market is thriving due to the presence of advanced healthcare infrastructure and supportive government initiatives promoting the adoption of connected care technologies. Additionally, the growing aging population in this region is driving the demand for remote patient monitoring and telehealth services, further propelling market expansion.

In Europe, countries like Germany, the United Kingdom, and France are experiencing substantial growth in the connected care market. The region benefits from well-established healthcare systems and a high level of awareness regarding the benefits of connected care solutions among both healthcare providers and patients. The implementation of favorable regulations regarding data privacy and interoperability standards also contributes to the market's growth in Europe.

Asia Pacific emerges as a promising market for connected care solutions, driven by rapid urbanization, increasing healthcare expenditure, and the adoption of digital technologies across healthcare facilities. Countries such as China, Japan, and India are witnessing significant investments in telemedicine platforms, remote patient monitoring devices, and healthcare IT infrastructure. Moreover, the growing penetration of smartphones and internet connectivity in rural areas is facilitating the adoption of connected care solutions, thus fueling market growth in the region.

This report provides an in depth analysis of various factors that impact the dynamics of Global Connected Care Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Key players in Global Connected Care Market include:

• AgaMatrix
• AIRSTRIP TECHNOLOGIES INC
• AliveCor Inc.
• Allscripts Healthcare LLC
• Apple Inc.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis