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).
Report ID: Rn153523369 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Function
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Connected Health Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Telemedicine
        2. Remote patient monitoring
        3. Wearable devices
        4. Mobile health (mHealth)
      2. Restraints
        1. Privacy concerns
        2. Regulatory barriers
        3. Digital divide
        4. Interoperability issues
      3. Opportunities
        1. Telemedicine expansion
        2. Remote patient monitoring growth
        3. Wearable device innovation
        4. Mobile health (mHealth) advancement
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Connected Health Market, By Type, 2021 - 2031 (USD Million)
      1. e-Prescription
      2. m-Health services
      3. m-Health services
    2. Global Connected Health Market, By Function, 2021 - 2031 (USD Million)
      1. Assisted living
      2. Clinical monitoring
      3. Home monitoring
      4. Telemedicine
      5. Others
    3. Global Connected Health Market, By Application, 2021 - 2031 (USD Million)
      1. Diagnosis and treatment
      2. Monitoring applications
      3. Education and awareness
      4. Wellness and prevention
      5. Healthcare management
      6. Others
    4. Global Connected Health Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Accenture Plc
      2. Airstrip Technology
      3. Boston Scientific Corporation
      4. GE Healthcare
      5. IBM Corporation
      6. Koninklijke Philips N.V
      7. Medtronic
      8. Microsoft Corporation
      9. Oracle Corporation
      10. SAP SE
  7. Analyst Views
  8. Future Outlook of the Market