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

By Types;

M–Health Services - Software & Big Data, Network & Services/ Mobile Operators & Healthcare Providers & Pharmaceuticals - Healthcare Providers & Pharmaceuticals, M–Health Device - Medical Devices, SMBG, Blood Pressure Monito, Cardiac Monitors, Pulse Oximeter & Other Medical Devices, Wearable Devices - Medical Devices , SMBG, Blood Pressure Monitor, Cardiac Monitors , Pulse Oximeter & Other Medical Devices, Wearable Devices - Hand Worn Products, Head Worn Products & Body Worn Products, Connected Drug Delivery Systems - Auto–Injectors and Inhalers.

By Function;

Remote patient monitoring, Clinical Monitoring, Telemedicine, and Others.

By Application;

Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention and Other Applications.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn983737931 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Connected Healthcare Market (USD Million), 2021 - 2031

In the year 2024, the Global Connected Healthcare Market was valued at USD 13,043.57 million. The size of this market is expected to increase to USD 74,641.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 28.3%.

The global connected healthcare market is characterized by several distinct segments, each playing a crucial role in transforming healthcare delivery worldwide. One major segment is M-Health Services, which includes software and big data analytics aimed at enhancing healthcare efficiency and patient outcomes. Mobile operators and network services also contribute significantly by providing the infrastructure necessary for seamless connectivity between healthcare providers and patients. Additionally, healthcare providers and pharmaceutical companies leverage connected technologies to streamline operations and improve patient care through innovative digital solutions.

Another pivotal segment is M-Health Devices, encompassing a variety of medical devices such as self-monitoring blood glucose (SMBG) devices, blood pressure monitors, cardiac monitors, pulse oximeters, and other wearable devices. These devices enable real-time health monitoring and data collection, empowering individuals and healthcare professionals to make informed decisions about diagnosis, treatment, and preventive care.

Connected drug delivery systems represent another burgeoning segment, comprising auto-injectors and inhalers equipped with connectivity features. These systems enhance medication adherence and management by providing data on usage patterns and patient response, thereby optimizing therapeutic outcomes.

Geographically, the global connected healthcare market is segmented into key regions including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Each region presents unique opportunities and challenges shaped by local healthcare infrastructures, regulatory environments, and technological adoption rates. North America and Europe lead in terms of market maturity and technological advancements, while Asia Pacific and Latin America are witnessing rapid growth driven by increasing healthcare expenditures and rising awareness of connected health 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 Types
    2. Market Snapshot, By Function
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Connected Healthcare Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Telemedicine
        2. Remote Patient Monitoring
        3. IoT (Internet of Things)
        4. mHealth (Mobile Health)
      2. Restraints
        1. Data Privacy Concerns
        2. Regulatory Challenges
        3. Healthcare Infrastructure Gaps
        4. Interoperability Issues
      3. Opportunities
        1. Expansion of Telemedicine Services
        2. Growth in Remote Patient Monitoring
        3. Advances in Wearable Health Technology
        4. Increasing Adoption of IoT in Healthcare
    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 Healthcare Market, By Types, 2021 - 2031 (USD Million)
      1. Connected Drug Delivery Systems
        1. Auto–Injectors
        2. Inhalers
      2. Wearable Devices
        1. Hand Worn Products
        2. Head Worn Products
        3. Body Worn Products
      3. Wearable Devices
        1. Medical Devices
        2. SMBG
        3. Blood Pressure Monitor
        4. Cardiac Monitors
        5. Pulse Oximeter
        6. Other Medical Devices
      4. M–Health Device
        1. Medical Devices
        2. SMBG
        3. Blood Pressure Monito
        4. Cardiac Monitors
        5. Pulse Oximeter
        6. Other Medical Devices
      5. Healthcare Providers And Pharmaceuticals
        1. Healthcare Providers
        2. Pharmaceuticals
      6. Network And Services/ Mobile Operators
      7. M–Health Services
        1. Software
        2. Big Data
    2. Global Connected Healthcare Market, By Function, 2021 - 2031 (USD Million)
      1. Remote patient monitoring
      2. Clinical Monitoring
      3. Telemedicine
      4. Others
    3. Global Connected Healthcare Market, By Application, 2021 - 2031 (USD Million)
      1. Monitoring Applications
      2. Diagnosis & Treatment
      3. Education & Awareness
      4. Healthcare Management
      5. Wellness & Prevention
      6. Other Applications
    4. Global Connected Healthcare 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. Agamatrix, Inc.
      2. AirStrip Technologies
      3. AliveCor Inc.
      4. Allscripts
      5. Apple Inc.
      6. Athenahealth, Inc.
      7. Boston Scientific Corporation
      8. Cerner
      9. GE Healthcare
      10. Honeywell Life Care Solutions
      11. Microsoft
      12. Medtronic
      13. Persistent Systems
      14. Koninklijke Philips NV (Royal Philips)
      15. Qualcomm
      16. Sanofi
      17. Vivify Health
  7. Analyst Views
  8. Future Outlook of the Market