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Connected Healthcare Market

Connected Healthcare Market Strategic Insights: Analysis 2025 and Forecasts 2033

Connected Healthcare Market by Type (mHealth Services, mHealth Devices, e-Prescription), by Function (Remote patient monitoring, Clinical Monitoring, Telemedicine, Others), by Application (Diagnosis & Treatment, Monitoring Applications, Wellness & Prevention, Healthcare Management, Others), by End User (Hospitals & Clinics, Home Monitoring), by North America (U.S., Canada) Forecast 2026-2034

Oct 25 2025

Base Year: 2025

150 Pages

Connected Healthcare Market Strategic Insights: Analysis 2025 and Forecasts 2033

Key Insights

The Connected Healthcare Marketsize was valued at USD 62.29 USD Billion in 2023 and is projected to reach USD 239.30 USD Billion by 2032, exhibiting a CAGR of 21.2 % during the forecast period. Connected healthcare refers to the integration of digital technologies to improve patient care, streamline healthcare processes, and enhance health outcomes. It encompasses various types, including telemedicine, which provides remote consultations and diagnosis; mHealth (mobile health) apps that offer health management tools; and wearable health devices that track vital signs. Key features of connected healthcare include real-time health monitoring, data analytics for personalized treatment, and seamless communication between patients and healthcare providers. Its applications span remote patient monitoring, chronic disease management, and virtual consultations, which increase accessibility, reduce costs, and improve efficiency in healthcare delivery. Connected healthcare leverages technology to bridge gaps in care, offering innovative solutions for both patients and healthcare professionals.

Connected Healthcare Trends

Growing use of wearable devices for health tracking and monitoring
Increasing adoption of telemedicine for remote patient consultations
Development of AI-powered applications for disease diagnosis and treatment

Connected Healthcare Market Market Size and Forecast (2024-2030) — Connected Healthcare Market Company Market Share

Driving Forces: What's Propelling the Connected Healthcare Market

Increasing prevalence of chronic diseases
Rising adoption of smartphone and tablet devices
Government initiatives promoting connected healthcare
Growing demand for personalized healthcare services
Technological advancements in medical devices and sensors

Challenges and Restraints in Connected Healthcare Market

Interoperability Hurdles: Significant challenges persist due to the lack of seamless interoperability between disparate healthcare systems, hindering efficient data exchange and care coordination.
Data Security & Privacy Imperatives: Stringent data security protocols and evolving privacy regulations present ongoing concerns, requiring robust safeguarding of sensitive patient information.
Cost of Adoption: The initial high cost associated with connected healthcare devices, infrastructure, and associated services can be a barrier to widespread adoption, particularly for smaller healthcare organizations.
Resistance to Transformation: Overcoming ingrained resistance to change from both healthcare professionals accustomed to traditional methods and patients wary of new technologies remains a critical factor.

Emerging Trends in Connected Healthcare

Integration of virtual reality (VR) and augmented reality (AR) in healthcare
Development of 5G-enabled healthcare devices and applications
Increasing use of blockchain technology for secure data management

Growth Catalysts in Connected Healthcare Industry

Supportive Government Policies & Investment: Proactive government initiatives, including substantial funding and favorable policy frameworks, are actively promoting healthcare innovation and driving improvements in patient care delivery.
Rising Awareness & Demonstrated Value: A growing understanding among healthcare providers and patients regarding the tangible benefits of connected healthcare, such as more effective chronic disease management, proactive health monitoring, and ultimately, superior health outcomes, is a key driver.
AI & ML Revolution: The rapid and continuous advancements in Artificial Intelligence (AI) and Machine Learning (ML) are fundamentally transforming healthcare by enabling highly personalized treatment plans, sophisticated predictive analytics for early intervention, and precise disease detection.
Strategic Ecosystem Collaborations: The formation of strategic partnerships and collaborations between healthcare institutions, cutting-edge device manufacturers, and innovative technology companies is fostering a synergistic environment for rapid innovation and accelerating overall market expansion.

Market Segmentation: Connected Healthcare Analysis

Type:

mHealth services
mHealth devices
e-Prescription

Function:

Remote patient monitoring
Clinical Monitoring
Telemedicine
Others

Application:

Diagnosis & Treatment
Monitoring Applications
Wellness & Prevention
Healthcare Management
Others

End User:

Hospitals & Clinics
Home Monitoring

Leading Players in the Connected Healthcare Market

Allscripts Healthcare, LLC (Chicago, Illinois, U.S.)
Cerner Corporation (North Kansas, Missouri, U.S.)
Koninklijke Philips N.V (Amsterdam, Netherlands)
McKesson Corporation (Irving, Texas, U.S.)
Apple Inc. (California, U.S.)
Omron Corporation (Osaka, Japan)
GENERAL ELECTRIC COMPANY (Massachusetts, U.S.)
Fitbit Inc. (California, U.S.)
IBM Corporation (Armonk, New York, U.S.)
NXGN Management, LLC (Irvine, California, U.S.)

Significant developments in Connected Healthcare Sector

In 2022, Apple announced the launch of the Apple Watch Series 8, which includes new health tracking features such as body temperature sensing and crash detection.
In 2023, Cerner Corporation acquired Kantar Health, a provider of real-world data and analytics, to enhance its patient data capabilities.

Comprehensive Coverage Connected Healthcare Market Report

This comprehensive report provides an in-depth analysis of the connected healthcare market, encompassing market size, growth drivers, challenges, and emerging trends. It includes a detailed market segmentation by device type, application, and end-user, along with an analysis of the competitive landscape, leading players, and significant industry developments.

Regional Insight

Regionally, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is projected to maintain the dominant market share during the forecast period due to the widespread adoption of advanced technologies and a high prevalence of chronic diseases. Asia-Pacific is anticipated to witness significant growth, attributed to increasing healthcare spending and government initiatives to expand healthcare access in emerging economies.

Connected Healthcare Market Market Share by Region - Global Geographic Distribution — Connected Healthcare Market Regional Market Share

DROCT

D: Drivers: Rising prevalence of chronic diseases, increasing adoption of smartphone and tablet devices, and government initiatives promoting connected healthcare.
R: Restraints: Lack of interoperability between different healthcare systems, data security and privacy concerns, high cost of connected healthcare devices and services, and resistance to change by healthcare providers and patients.
O: Opportunities: Government initiatives and funding, rising awareness about the benefits of connected healthcare, technological advancements in AI and machine learning, and strategic partnerships and collaborations between healthcare providers, device manufacturers, and technology companies.
C: Challenges: Data security and privacy concerns, lack of interoperability between different healthcare systems, and high cost of connected healthcare devices and services.
T: Trends: Growing use of wearable devices for health tracking and monitoring, increasing adoption of telemedicine for remote patient consultations, and development of AI-powered applications for disease diagnosis and treatment.

Pricing Analysis

The pricing of connected healthcare devices and services varies widely depending on the type of device or service, the features and capabilities offered, and the brand reputation.

Import And Export Analysis

The market is characterized by a high level of import and export activities. Countries such as China, India, and Mexico are major manufacturers of connected healthcare devices, while countries such as the United States, Germany, and Japan are major importers.

Segmentation

The market is segmented into type (Mhealth Services), function (Remote Patient Monitoring), application, end user, and region.

Patent/Trademark Analysis

The market is characterized by a high level of patent and trademark activity, with companies actively seeking to protect their intellectual property.

Geographic Coverage of Connected Healthcare Market

Higher Coverage

Lower Coverage

No Coverage

Connected Healthcare Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2020-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2020-2025
Growth Rate	CAGR of 21.2% from 2020-2034
Segmentation	By Type mHealth Services mHealth Devices e-Prescription By Function Remote patient monitoring Clinical Monitoring Telemedicine Others By Application Diagnosis & Treatment Monitoring Applications Wellness & Prevention Healthcare Management Others By End User Hospitals & Clinics Home Monitoring By Geography North America U.S. Canada

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Rising Number of Government-aided Genome Projects to Aid Growth
- - 3.3. Market Restrains
  - - 3.3.1. High-Capital Expenditure and Technological Barriers to Limit the Market Growth
- - 3.4. Market Trends
  - - 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. Global Connected Healthcare Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
  - 5.1.1. mHealth Services
  - 5.1.2. mHealth Devices
  - 5.1.3. e-Prescription
- 5.2. Market Analysis, Insights and Forecast - by Function
  - 5.2.1. Remote patient monitoring
  - 5.2.2. Clinical Monitoring
  - 5.2.3. Telemedicine
  - 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - by Application
  - 5.3.1. Diagnosis & Treatment
  - 5.3.2. Monitoring Applications
  - 5.3.3. Wellness & Prevention
  - 5.3.4. Healthcare Management
  - 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast - by End User
  - 5.4.1. Hospitals & Clinics
  - 5.4.2. Home Monitoring
- 5.5. Market Analysis, Insights and Forecast - by Region
  - 5.5.1. North America
6. Competitive Analysis
- 6.1. Global Market Share Analysis 2025
- - 6.2. Company Profiles
  - - 6.2.1 Allscripts Healthcare LLC. (Chicago
      6.2.1.1. Overview
      6.2.1.2. Products
      6.2.1.3. SWOT Analysis
      6.2.1.4. Recent Developments
      6.2.1.5. Financials (Based on Availability)
    - 6.2.2 Illinois
      6.2.2.1. Overview
      6.2.2.2. Products
      6.2.2.3. SWOT Analysis
      6.2.2.4. Recent Developments
      6.2.2.5. Financials (Based on Availability)
    - 6.2.3 U.S.)
      6.2.3.1. Overview
      6.2.3.2. Products
      6.2.3.3. SWOT Analysis
      6.2.3.4. Recent Developments
      6.2.3.5. Financials (Based on Availability)
    - 6.2.4 Cerner Corporation (North Kansas Missouri
      6.2.4.1. Overview
      6.2.4.2. Products
      6.2.4.3. SWOT Analysis
      6.2.4.4. Recent Developments
      6.2.4.5. Financials (Based on Availability)
    - 6.2.5 U.S.)
      6.2.5.1. Overview
      6.2.5.2. Products
      6.2.5.3. SWOT Analysis
      6.2.5.4. Recent Developments
      6.2.5.5. Financials (Based on Availability)
    - 6.2.6 Koninklijke Philips N.V (Amsterdam Netherlands)
      6.2.6.1. Overview
      6.2.6.2. Products
      6.2.6.3. SWOT Analysis
      6.2.6.4. Recent Developments
      6.2.6.5. Financials (Based on Availability)
    - 6.2.7 McKesson Corporation (Irving Texas
      6.2.7.1. Overview
      6.2.7.2. Products
      6.2.7.3. SWOT Analysis
      6.2.7.4. Recent Developments
      6.2.7.5. Financials (Based on Availability)
    - 6.2.8 U.S.)
      6.2.8.1. Overview
      6.2.8.2. Products
      6.2.8.3. SWOT Analysis
      6.2.8.4. Recent Developments
      6.2.8.5. Financials (Based on Availability)
    - 6.2.9 Apple Inc. (California U.S.)
      6.2.9.1. Overview
      6.2.9.2. Products
      6.2.9.3. SWOT Analysis
      6.2.9.4. Recent Developments
      6.2.9.5. Financials (Based on Availability)
    - 6.2.10 Omron Corporation (Osaka Japan)
      6.2.10.1. Overview
      6.2.10.2. Products
      6.2.10.3. SWOT Analysis
      6.2.10.4. Recent Developments
      6.2.10.5. Financials (Based on Availability)
    - 6.2.11 GENERAL ELECTRIC COMPANY (Massachusetts U.S.)
      6.2.11.1. Overview
      6.2.11.2. Products
      6.2.11.3. SWOT Analysis
      6.2.11.4. Recent Developments
      6.2.11.5. Financials (Based on Availability)
    - 6.2.12 Fitbit Inc. (California U.S.)
      6.2.12.1. Overview
      6.2.12.2. Products
      6.2.12.3. SWOT Analysis
      6.2.12.4. Recent Developments
      6.2.12.5. Financials (Based on Availability)
    - 6.2.13 IBM Corporation (Armonk New York
      6.2.13.1. Overview
      6.2.13.2. Products
      6.2.13.3. SWOT Analysis
      6.2.13.4. Recent Developments
      6.2.13.5. Financials (Based on Availability)
    - 6.2.14 U.S.)
      6.2.14.1. Overview
      6.2.14.2. Products
      6.2.14.3. SWOT Analysis
      6.2.14.4. Recent Developments
      6.2.14.5. Financials (Based on Availability)
    - 6.2.15 NXGN Management LLC (Irvine
      6.2.15.1. Overview
      6.2.15.2. Products
      6.2.15.3. SWOT Analysis
      6.2.15.4. Recent Developments
      6.2.15.5. Financials (Based on Availability)
    - 6.2.16 California
      6.2.16.1. Overview
      6.2.16.2. Products
      6.2.16.3. SWOT Analysis
      6.2.16.4. Recent Developments
      6.2.16.5. Financials (Based on Availability)
    - 6.2.17 U.S.)
      6.2.17.1. Overview
      6.2.17.2. Products
      6.2.17.3. SWOT Analysis
      6.2.17.4. Recent Developments
      6.2.17.5. Financials (Based on Availability)

List of Figures

Figure 1: Global Connected Healthcare Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
Figure 2: North America Connected Healthcare Market Revenue (USD Billion), by Type 2025 & 2033
Figure 3: North America Connected Healthcare Market Revenue Share (%), by Type 2025 & 2033
Figure 4: North America Connected Healthcare Market Revenue (USD Billion), by Function 2025 & 2033
Figure 5: North America Connected Healthcare Market Revenue Share (%), by Function 2025 & 2033
Figure 6: North America Connected Healthcare Market Revenue (USD Billion), by Application 2025 & 2033
Figure 7: North America Connected Healthcare Market Revenue Share (%), by Application 2025 & 2033
Figure 8: North America Connected Healthcare Market Revenue (USD Billion), by End User 2025 & 2033
Figure 9: North America Connected Healthcare Market Revenue Share (%), by End User 2025 & 2033
Figure 10: North America Connected Healthcare Market Revenue (USD Billion), by Country 2025 & 2033
Figure 11: North America Connected Healthcare Market Revenue Share (%), by Country 2025 & 2033

List of Tables

Table 1: Global Connected Healthcare Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 2: Global Connected Healthcare Market Revenue USD Billion Forecast, by Function 2020 & 2033
Table 3: Global Connected Healthcare Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 4: Global Connected Healthcare Market Revenue USD Billion Forecast, by End User 2020 & 2033
Table 5: Global Connected Healthcare Market Revenue USD Billion Forecast, by Region 2020 & 2033
Table 6: Global Connected Healthcare Market Revenue USD Billion Forecast, by Type 2020 & 2033
Table 7: Global Connected Healthcare Market Revenue USD Billion Forecast, by Function 2020 & 2033
Table 8: Global Connected Healthcare Market Revenue USD Billion Forecast, by Application 2020 & 2033
Table 9: Global Connected Healthcare Market Revenue USD Billion Forecast, by End User 2020 & 2033
Table 10: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2020 & 2033
Table 11: U.S. Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
Table 12: Canada Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Connected Healthcare Market?

The projected CAGR is approximately 21.2%.

2. Which companies are prominent players in the Connected Healthcare Market?

Key companies in the market include Allscripts Healthcare, LLC. (Chicago, Illinois, U.S.), Cerner Corporation (North Kansas, Missouri, U.S.), Koninklijke Philips N.V (Amsterdam, Netherlands), McKesson Corporation (Irving, Texas, U.S.), Apple Inc. (California, U.S.), Omron Corporation (Osaka, Japan), GENERAL ELECTRIC COMPANY (Massachusetts, U.S.), Fitbit Inc. (California, U.S.), IBM Corporation (Armonk, New York, U.S.), NXGN Management, LLC (Irvine, California, U.S.).

3. What are the main segments of the Connected Healthcare Market?

The market segments include Type, Function, Application, End User.

4. Can you provide details about the market size?

The market size is estimated to be USD 62.29 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Rising Number of Government-aided Genome Projects to Aid Growth.

6. What are the notable trends driving market growth?

Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.

7. Are there any restraints impacting market growth?

High-Capital Expenditure and Technological Barriers to Limit the Market Growth.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Connected Healthcare Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Connected Healthcare Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Connected Healthcare Market?

To stay informed about further developments, trends, and reports in the Connected Healthcare Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

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