Global Connected Healthcare Market is expected to reach USD 105.33 billion by the end of the forecasted period and is expected to grow at a CAGR of 30.2%. Among all the regions in the world, the U.S. has been the first choice for the deployment of mobile health Furthermore, the inherent difference in various types of connected healthcare solutions has compelled the formation of a strong framework that provides standardized processes and approach for deploying various healthcare services and applications in this region.
Key Players for Global Connected Healthcare Market are, Agamatrix, Inc. (US), Airstrip Technology (US), AliveCor Inc. (Australia), Allscripts (US), Athenahealth Inc. (US), Boston Scientific Corporation (US), Cerner (US), Koninklijke Philips N.V. (Netherlands), GE healthcare (UK), Qualcomm (US), Medtronics (Ireland) and others.
Global Connected healthcare Market: Overview
Globally, healthcare expenses are on the rise and the major reason for this is the challenges involved in efficient healthcare delivery. In hospitals & clinics, there is a large vacancy rate for specialists and physicians and is a lack of sufficient beds. The critical care waiting times are also on the rise and these prevalent chronic conditions require long hospitalization times. Furthermore, the industry’s economics have long been driven by paying for care delivered; ignoring the most important part of the care process and it is the outcome.
Several transformations have attempted to change the present circumstances which must address the needs of all the major forces in the healthcare ecosystem which include the payers, providers and the patients. The healthcare providers face cost pressures because of the increasing burden on the healthcare delivery system. Payers target reducing hospitalization time and controlling hospital visits and admissions to ensure lower insurance pay outs. Patients want quicker outcomes and choice in the healthcare ecosystem.
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Connected Healthcare Market Segments:
Global Connected Healthcare market has been segmented on the basis of type which comprises of M-health devices, M-health services and E-prescription. On the basis of application; market is segmented into Monitoring Applications, Diagnosis & Treatment, Education and Awareness, Healthcare Management, Wellness & Prevention and others.
Key Finding
- The global connected healthcare market and is expected to reach US 105.33 billion by 2022.
- Regionally, North America holds the largest market share for global connected healthcare market and is expected to grow at a CAGR of 28.75% by 2022.
- Asia Pacific market is expected to be the fastest growing market, and expected to reach at USD 24.07 billion by 2022.
Regional Analysis of Global Connected Healthcare Market:
Globally North America is the largest market for Connected Healthcare. The North American market for Connected Healthcare is expected to reach at USD 37.38 billion by the end of the forecasted period.
Europe is the second-largest market for Connected Healthcare which is expected to grow at a CAGR of 30.48%. Asia pacific region is expected to be fastest growing region in Connected Healthcare market.
Major TOC For Connected Healthcare Market Research Report- Global Forecast to 2022:
1 REPORT PROLOGUE
2 INTRODUCTION
2.1 Scope Of Study
2.2 Rsearch Objective
2.3 Assumptions & Limitations
2.3.1 Assumptions
2.3.2 Limitations
2.4 Market Structure
3 RESEARCH METHODOLOGY
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Connected Healthcare Applications Has Increased The Involvement Of Patient Population
4.2.2 Increasing Use Of Smartphones And Wearable Devices Into Healthcare Has Led To The Growth Of The Market
4.2.3 Cost Effectiveness And Patients’ Convenience Will Drive The Connected Healthcare Market
4.2.4 Continuous Increase In Lifestyle Disease Has Led To The Development Of Personalized Healthcare Solutions
4.3 Restraints
4.3.1 Increasing Privacy And Cybercrimes Restraint The Growth Of Connected Healthcare Market
TOC Continued…!
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