Global Connected Health Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
e-Prescription, m-Health Services and m-Health Services.By Function;
Assisted Living, Clinical Monitoring, Home Monitoring, Telemedicine, and Others.By Application;
Diagnosis & Treatment, Monitoring Applications, Education & Awareness, Wellness & Prevention, Healthcare Management, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Connected Health Market (USD Million), 2021 - 2031
In the year 2024, the Global Connected Health Market was valued at USD 1,573.02 million. The size of this market is expected to increase to USD 4,876.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 17.5%.
The global connected health market is a rapidly expanding sector that leverages technology to enhance healthcare delivery and management. Connected health integrates health, wellness, and medical information using a variety of devices, applications, and platforms, facilitating seamless communication between patients, healthcare providers, and other stakeholders. This market includes telemedicine, remote patient monitoring, wearable devices, mobile health applications, and health information exchange systems. The rise of connected health is driven by the need to improve healthcare accessibility, efficiency, and outcomes, while also addressing the growing burden of chronic diseases and an aging population.
One of the primary catalysts for the growth of the connected health market is the widespread adoption of advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and big data analytics. These technologies enable real-time monitoring, predictive analytics, and personalized care, thus transforming traditional healthcare models. For instance, wearable devices can continuously track vital signs and physical activity, providing valuable data that healthcare providers can use to make informed decisions. Additionally, telemedicine platforms allow patients to consult with healthcare professionals remotely, reducing the need for in-person visits and making healthcare more accessible, especially in underserved or rural areas.
The COVID-19 pandemic has further accelerated the adoption of connected health solutions as healthcare systems worldwide faced unprecedented challenges. The need for remote healthcare services surged, highlighting the importance of digital health technologies in ensuring continuity of care. Governments and healthcare organizations have since invested significantly in connected health infrastructure, recognizing its potential to improve healthcare delivery, reduce costs, and enhance patient outcomes. As a result, the global connected health market is poised for continued growth, driven by ongoing technological advancements, supportive regulatory frameworks, and increasing consumer demand for convenient and efficient healthcare solutions.
Global Connected Health Market Recent Developments
-
In October 2023, Ricoh USA, Inc. launched RICOH RPM Enablement, a comprehensive managed services solution designed for healthcare systems. This new solution aims to streamline and scale remote patient monitoring (RPM) workflows, enhancing patient care and improving the overall experience for both patients and healthcare providers.
-
In August 2023, Iron Bow Healthcare Solutions introduced a new remote patient monitoring (RPM) solution powered by Carium. This solution provides a single point of contact for healthcare providers and patients, enhancing efficiency and engagement, conserving resources, and ultimately promoting improved health outcomes.
Segment Analysis
The global connected health market is a multifaceted sector encompassing various types, functions, applications, and geographic regions. By type, the market includes e-Prescription, m-Health services, and telehealth services. e-Prescription systems enable healthcare providers to electronically generate and transmit prescriptions, enhancing accuracy and convenience. m-Health services refer to mobile health solutions that utilize smartphones and tablets for health-related services, ranging from health tracking apps to remote consultations. Telehealth services, a broader category, include video consultations, remote diagnostics, and teletherapy, enabling comprehensive remote healthcare delivery.
By function, the connected health market serves diverse needs, including assisted living, clinical monitoring, home monitoring, telemedicine, and other specialized functions. Assisted living solutions support elderly and disabled individuals in maintaining their independence through remote monitoring and smart home technologies. Clinical monitoring involves continuous tracking of patients' health metrics in clinical settings, while home monitoring extends these capabilities to patients' residences, enabling early detection of health issues. Telemedicine facilitates remote consultations and treatment, bridging gaps between patients and healthcare providers. Other functions encompass a wide range of digital health innovations aimed at improving healthcare delivery and outcomes.
Geographically, the global connected health market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America leads the market due to advanced healthcare infrastructure, high adoption of digital health technologies, and supportive regulatory frameworks. Europe follows closely, driven by increasing government initiatives and investments in healthcare innovation. The Asia Pacific region is experiencing rapid growth, fueled by rising healthcare demands, technological advancements, and increasing smartphone penetration. The Middle East and Africa, along with Latin America, are also emerging markets with significant potential, as these regions invest in digital health solutions to address healthcare accessibility and efficiency challenges.
Global Connected Health Segment Analysis
In this report, the Global Connected Health Market has been segmented by Type, Function, Application and Geography.
Global Connected Health Market, Segmentation by Type
The Global Connected Health Market has been segmented by Type into and e-Prescription.
e-Prescription systems streamline the prescription process by enabling healthcare professionals to electronically generate, transmit, and manage prescriptions. These systems enhance efficiency, accuracy, and patient safety by reducing errors associated with traditional paper-based prescriptions. Through e-Prescription platforms, healthcare providers can send prescriptions directly to pharmacies, improving convenience for both patients and pharmacists. Additionally, e-Prescription systems often integrate with electronic health record (EHR) systems, enabling seamless documentation and tracking of medication usage and adherence.
Mobile health (m-Health) services encompass a wide range of healthcare services delivered through mobile devices such as smartphones and tablets. These services include health and wellness apps, remote monitoring solutions, telemedicine consultations, medication adherence reminders, and personalized health coaching. m-Health services leverage the ubiquity and accessibility of mobile technology to empower individuals to manage their health proactively and access healthcare resources conveniently. These services play a crucial role in promoting health awareness, facilitating remote healthcare delivery, and supporting patient engagement and self-care.
Telehealth services encompass remote healthcare delivery and communication technologies that enable patients to access medical services and consultations from a distance. This includes telemedicine consultations, remote patient monitoring, virtual care platforms, and digital health coaching. Telehealth services leverage video conferencing, secure messaging, and other communication tools to connect patients with healthcare providers, specialists, and other caregivers. These services are particularly valuable for increasing healthcare accessibility, especially in rural or underserved areas, reducing healthcare costs, and improving patient outcomes by facilitating timely interventions and continuity of care.
Global Connected Health Market, Segmentation by Function
The Global Connected Health Market has been segmented by Function into Assisted living, Clinical monitoring, Home monitoring, Telemedicine and Others.
Assisted living solutions utilize connected health technologies to support elderly individuals and people with disabilities in maintaining independence and improving their quality of life. These solutions may include smart home devices equipped with sensors to monitor activities of daily living (ADLs), emergency response systems, medication management tools, and remote caregiver support platforms. Assisted living technologies aim to enhance safety, comfort, and social connectedness for individuals who require assistance with everyday tasks.
Clinical monitoring involves the continuous tracking of patients' health metrics in clinical settings, such as hospitals, clinics, and rehabilitation centers. Connected health technologies enable real-time monitoring of vital signs, physiological parameters, and patient-reported data using wearable devices, medical sensors, and remote monitoring systems. Clinical monitoring solutions empower healthcare providers to monitor patients' conditions closely, detect early signs of deterioration, and intervene promptly to prevent adverse events or complications.
Home monitoring extends the capabilities of clinical monitoring to patients' residences, enabling remote monitoring of health conditions outside traditional healthcare settings. Home monitoring solutions include wearable devices, remote monitoring platforms, and smart home technologies that enable patients to monitor vital signs, medication adherence, and disease-specific indicators from the comfort of their homes. Home monitoring promotes patient autonomy, reduces the need for frequent hospital visits, and enables early detection of health issues, leading to improved outcomes and better management of chronic conditions.
Telemedicine encompasses remote healthcare delivery and communication technologies that enable patients to receive medical consultations, diagnosis, and treatment remotely. Telemedicine services utilize video conferencing, secure messaging, and digital health platforms to connect patients with healthcare providers, specialists, and other caregivers, regardless of geographic location. Telemedicine offers convenience, accessibility, and cost-effectiveness, making healthcare services more readily available to individuals who may face barriers to in-person care due to distance, mobility issues, or scheduling constraints.
The Others category includes a range of specialized functions and applications within the connected health market, such as remote patient engagement, chronic disease management, population health analytics, and digital therapeutics. These specialized functions leverage connected health technologies to address specific healthcare challenges, improve patient outcomes, and optimize healthcare delivery processes. Examples include virtual rehabilitation programs, personalized health coaching platforms, and population health management tools that enable healthcare organizations to monitor and improve the health outcomes of entire patient populations.
Global Connected Health Market, Segmentation by Application
The Global Connected Health Market has been segmented by Application into Diagnosis and treatment, Monitoring applications, Education and awareness, Wellness and prevention, Healthcare management and Others.
Connected health technologies play a crucial role in supporting healthcare professionals in diagnosing medical conditions and delivering appropriate treatments. This includes telemedicine consultations for remote diagnosis, virtual visits for follow-up care, and digital diagnostic tools such as remote imaging and diagnostic apps. These applications facilitate timely access to healthcare services, enabling early detection of diseases and prompt initiation of treatment interventions, ultimately improving patient outcomes.
Monitoring applications involve the continuous tracking of patients' health metrics, enabling healthcare providers to monitor changes in health status and disease progression over time. These applications encompass remote patient monitoring solutions, wearable devices, and medical sensors that monitor vital signs, physiological parameters, and disease-specific indicators. Monitoring applications support proactive healthcare management, enabling early detection of health issues, optimization of treatment regimens, and prevention of complications through timely interventions.
Connected health technologies are instrumental in promoting health education and raising awareness about various health conditions, preventive measures, and healthy lifestyle behaviors. These applications include health education platforms, interactive mobile apps, and online resources that provide information, guidance, and support to individuals seeking to improve their health literacy and make informed healthcare decisions. Health education and awareness initiatives empower individuals to take charge of their health and adopt healthy behaviors, ultimately contributing to better health outcomes and reduced healthcare disparities.
Wellness and prevention applications focus on promoting overall health and preventing the onset of diseases through lifestyle interventions, risk factor management, and proactive health monitoring. These applications include wellness apps, fitness trackers, nutrition programs, and behavior change platforms that encourage healthy habits, physical activity, and preventive screenings. By empowering individuals to track their health metrics, set goals, and receive personalized feedback, wellness and prevention applications support disease prevention efforts and promote long-term health and well-being.
Healthcare management applications encompass a wide range of tools and systems designed to optimize healthcare delivery processes, enhance patient engagement, and improve clinical outcomes. These applications include electronic health record (EHR) systems, patient portal platforms, care coordination tools, and population health management solutions. Healthcare management applications facilitate seamless communication and information exchange between healthcare providers, enable efficient care coordination across settings, and empower patients to actively participate in their care journey.
The Others category includes additional specialized applications and functions within the connected health market, such as remote patient engagement platforms, chronic disease management programs, digital therapeutics, and tele-rehabilitation services. These applications leverage connected health technologies to address specific healthcare challenges, optimize care delivery models, and improve health outcomes for individuals with complex medical needs. Examples include virtual rehabilitation programs for post-acute care, digital therapeutics for managing chronic conditions, and remote patient engagement platforms for enhancing patient-provider communication and support.
Global Connected Health Market, Segmentation by Geography
In this report, the Global Connected Health Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Connected Health Market Share (%), by Geographical Region, 2024
North America is a prominent market for connected health technologies, driven by advanced healthcare infrastructure, high levels of digital adoption, and strong government support for healthcare innovation. The region boasts a robust ecosystem of technology companies, healthcare providers, and research institutions collaborating to develop and deploy connected health solutions. The United States, in particular, leads in telehealth adoption, with widespread use of telemedicine platforms and remote patient monitoring systems. Regulatory initiatives such as the Medicare reimbursement policies for telehealth services further promote market growth in North America.
Europe is a rapidly growing market for connected health, characterized by increasing investments in digital health initiatives, supportive regulatory frameworks, and rising consumer demand for remote healthcare services. Countries within the European Union (EU) have made significant strides in implementing interoperable electronic health records (EHRs) and telemedicine infrastructure, facilitating cross-border healthcare delivery and patient access to telehealth services. The region also sees collaborations between public healthcare systems, private sector companies, and research institutions to develop innovative connected health solutions addressing specific healthcare challenges.
The Asia Pacific region presents substantial opportunities for the connected health market, driven by factors such as the growing healthcare burden, rising adoption of smartphones and digital technologies, and government initiatives to improve healthcare access and affordability. Countries like China, Japan, and South Korea are at the forefront of digital health innovation, with a strong emphasis on telemedicine, remote patient monitoring, and mobile health applications. In addition, the region's diverse healthcare landscape and demographic trends contribute to the adoption of connected health solutions tailored to address local healthcare needs and cultural preferences.
The Middle East and Africa region is witnessing increasing adoption of connected health technologies, driven by efforts to enhance healthcare access, address healthcare disparities, and improve healthcare quality. Countries in the Gulf Cooperation Council (GCC) region, such as the United Arab Emirates (UAE) and Saudi Arabia, are investing in telehealth infrastructure, digital health initiatives, and smart city projects to transform healthcare delivery and promote population health management. In Africa, mobile health solutions play a vital role in overcoming challenges related to healthcare access, especially in remote and underserved areas.
Latin America represents a growing market for connected health, propelled by factors such as rising healthcare spending, expanding internet connectivity, and government initiatives to modernize healthcare delivery systems. Countries like Brazil, Mexico, and Colombia are witnessing increasing adoption of telemedicine platforms, mHealth applications, and remote patient monitoring solutions to improve healthcare access, reduce healthcare costs, and address healthcare inequalities. Regulatory reforms and public-private partnerships are driving market growth in Latin America, fostering collaboration among healthcare stakeholders and technology providers to innovate and expand connected health services.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Connected Health Market. These factors include; Market Drivers, Restraints and Opportunities Analysis,
Drivers, Restraints and Opportunity Analysis
Drivers
- Telemedicine
- Remote patient monitoring
- Wearable devices
-
Mobile health (mHealth) - Mobile health (mHealth) is a rapidly evolving sector within the healthcare industry, leveraging the ubiquity of mobile devices such as smartphones and tablets to deliver a wide range of health services and information. Through mHealth, individuals can access healthcare resources and support anytime, anywhere, empowering them to take a proactive role in managing their health and well-being. Mobile health applications encompass various functionalities, including health tracking, remote consultations, medication management, and health education, catering to diverse healthcare needs and preferences.
One of the key advantages of mHealth is its ability to overcome geographical barriers and increase healthcare accessibility, particularly in underserved or remote areas. With the widespread adoption of mobile devices globally, mHealth solutions have the potential to reach populations that may have limited access to traditional healthcare services. This is especially relevant in regions with sparse healthcare infrastructure, where mobile technology can bridge the gap and enable individuals to receive timely medical advice, preventive care, and health information, ultimately improving health outcomes and reducing healthcare disparities.
mHealth contributes to the shift towards patient-centered care by enabling personalized and tailored health interventions. Mobile health applications can collect and analyze individual health data, such as physical activity, vital signs, and medication adherence, to provide personalized recommendations and interventions. By empowering individuals to monitor their health status, track progress towards health goals, and receive personalized feedback, mHealth fosters greater engagement and accountability in self-care. Additionally, mHealth facilitates remote communication and collaboration between patients and healthcare providers, enabling convenient access to medical advice, follow-up care, and chronic disease management, thereby enhancing patient-provider relationships and improving healthcare efficiency.
Restraints
- Privacy concerns
- Regulatory barriers
- Digital divide
-
Interoperability issues - Interoperability issues represent a significant challenge in the advancement and implementation of connected health technologies, including mobile health (mHealth). Interoperability refers to the ability of different systems, devices, or applications to exchange and interpret data seamlessly. In the context of mHealth, interoperability issues arise when disparate healthcare systems, devices, and software applications fail to communicate effectively with each other, hindering the exchange of critical health information and compromising the quality and continuity of care.
One of the primary interoperability challenges in mHealth is the lack of standardized data formats and protocols for data exchange. Healthcare organizations and technology vendors often utilize proprietary data formats and communication protocols, making it difficult to integrate and share information across different platforms.
Interoperability issues can impede the seamless integration of mHealth solutions into existing healthcare workflows and electronic health record (EHR) systems. Incompatibilities between mHealth apps and EHR platforms may limit the ability to transfer patient-generated data between different healthcare settings, such as hospitals, clinics, and primary care practices.
Addressing interoperability challenges in mHealth requires collaborative efforts from healthcare stakeholders, technology developers, and regulatory bodies to establish and adhere to interoperability standards and guidelines. By adopting standardized data formats, application programming interfaces (APIs), and interoperability frameworks, healthcare organizations can facilitate seamless data exchange and interoperability between mHealth solutions and existing healthcare systems.
Opportunities
- Telemedicine expansion
- Remote patient monitoring growth
- Wearable device innovation
-
Mobile health (mHealth) advancement - Mobile health (mHealth) is experiencing rapid advancement, revolutionizing healthcare delivery and empowering individuals to manage their health effectively using mobile devices such as smartphones and tablets. This transformative trend is driven by several key factors.
The widespread adoption of mobile technology worldwide has created unprecedented opportunities for mHealth advancement. With billions of people owning smartphones and having access to mobile internet, mHealth solutions can reach individuals across diverse demographics and geographic locations. This widespread adoption enables healthcare organizations to leverage mobile platforms for health promotion, disease prevention, remote monitoring, and treatment adherence support.
Technological innovations are driving the development of increasingly sophisticated mHealth applications and devices. From wearable fitness trackers to medical-grade smartphone attachments, advancements in sensor technology, data analytics, and artificial intelligence (AI) are fueling the expansion of mHealth capabilities. These innovations enable individuals to monitor vital signs, track physical activity, manage chronic conditions, and even perform diagnostic tests using their mobile devices, fostering personalized and proactive approaches to healthcare.
The COVID-19 pandemic has accelerated the adoption of mHealth solutions as healthcare systems worldwide faced unprecedented challenges. The need for remote healthcare services surged, leading to widespread adoption of telemedicine platforms, virtual consultations, and remote monitoring solutions. This rapid uptake demonstrated the potential of mHealth to deliver accessible, efficient, and patient-centered care, driving further investment and innovation in the mHealth ecosystem.
Competitive Landscape Analysis
Key players in Global Connected Health Market include;
- Accenture Plc
- Airstrip Technology
- Boston Scientific Corporation
- GE Healthcare
- IBM Corporation
- Koninklijke Philips N.V
- Medtronic
- Microsoft Corporation
- Oracle Corporation
- SAP SE
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
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Function
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Connected Health Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Telemedicine
- Remote patient monitoring
- Wearable devices
- Mobile health (mHealth)
- Restraints
- Privacy concerns
- Regulatory barriers
- Digital divide
- Interoperability issues
- Opportunities
- Telemedicine expansion
- Remote patient monitoring growth
- Wearable device innovation
- Mobile health (mHealth) advancement
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Connected Health Market, By Type, 2021 - 2031 (USD Million)
- e-Prescription
- m-Health services
- m-Health services
- Global Connected Health Market, By Function, 2021 - 2031 (USD Million)
- Assisted living
- Clinical monitoring
- Home monitoring
- Telemedicine
- Others
- Global Connected Health Market, By Application, 2021 - 2031 (USD Million)
- Diagnosis and treatment
- Monitoring applications
- Education and awareness
- Wellness and prevention
- Healthcare management
- Others
- Global Connected Health Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Connected Health Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Accenture Plc
- Airstrip Technology
- Boston Scientific Corporation
- GE Healthcare
- IBM Corporation
- Koninklijke Philips N.V
- Medtronic
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Company Profiles
- Analyst Views
- Future Outlook of the Market