At CAGR of 32.8%, Connected Care Market Estimated to Reach US$ 360481.17 Million by 2029

Connected Care market survey report analyses key factors of the market which offers precise and accurate data and information for the business growth. While generating this report, research and analysis is carried out with one step or the combination of several steps depending upon the business and client necessities. With the market report study, key opportunities in the market and influencing factors are provided which is useful to take business to the highest level. Connected Care market report involves following major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology.

Depending on client's requirements, massive business, product and market related information is brought together via Connected Care report that eventually helps businesses create better strategies. Such influential market report also offers list of the chief competitors and provides the strategic insights and analysis of the key factors influencing the healthcare industry. This market report inspects the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are also reviewed in Connected Care marketing report.

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Key Market Players mentioned in this report:

AgaMatrix (U.S.)
AirStrip Technologies, Inc (U.S.)
AliveCor, Inc. (U.S.)
Allscripts Healthcare, LLC (U.S.)
Apple Inc. (U.S.)
Boston Scientific Corporation (U.S.)
Cerner (U.S.)
General Electric (U.S.)
Honeywell International Inc. (U.S.)
Medtronic (Ireland)

Key Market Analysis and Insights:

Connected healthcare is frequently used to refer to technology-enabled care, in which new technology enables patients to access healthcare remotely outside of traditional models of care delivery. In reality, it encompasses any system that allows healthcare to be delivered in a more patient-centered and participatory manner.

Data Bridge Market Research analyses that the connected care market which was USD 37,264.73 million in 2021, is expected to reach USD 360481.17 million by 2029, at a CAGR of 32.8% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Recent developments

In September 2021, Medtronic India collaborated with Statis Health, a division of Stasis Labs, to promote the latter's bedside patient monitoring system throughout India. A bedside monitor and a cloud-connected app provide remote monitoring across devices in the connected care monitoring system.
In August 2021, Royal Philips added two new products to its HealthSuite, one is focusing on acute care telehealth and the other on patient flow capacity.

Global Connected Care Market Scope and Market Size

The connected care market is segmented on the basis of type, application, function and target audience. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

M-Health Services
M-Health Devices
E-Prescription

 Application

Monitoring
Diagnosis and Treatment
Education and Awareness
Healthcare Management
Wellness and Prevention

 Function

Home Monitoring
Clinical Monitoring
Assisted Living
Telemedicine

 Target Audience

Medical Device Manufacturers
Medical Device Supplier
Government Research Laboratory
Research and Development (R&D) Companies
Marketing Research and Consulting Service Provider
Medical Research Laboratories

Connected Care Market, By Region:

Global Connected Care market is analyzed and market size insights and trends are provided by country, product as referenced above.

The countries covered in the Connected Care market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the Connected Care market because of the rise in the cases of arrhythmic diseases, favorable reimbursement policies for patients, high demand for advanced treatment methods and developed healthcare infrastructure in the region. Asia-Pacific is estimated to grow in the forecast period due to the high prevalence of cardiovascular diseases, increase in adoption of advanced digital devices, large population and launch of new innovative products.

What are the market opportunities, market risks, and market overviews of the Connected Care Market?

Who are the distributors, traders, and merchants in the Connected Care Market?
What is the analysis of sales, income, and prices of the leading manufacturers in the Connected Care Market?
What are the Connected Care market opportunities and threats faced by the global Connected Care Market vendors?
What are the main factors driving the worldwide Connected Care Industry?
What are the Top Players in Connected Care industry?
What is the analysis of sales, income, and prices by type, application of the Connected Care market?
What is regional sales, income, and price analysis for Connected Care Market?

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Global Connected Care Market Dynamics

Drivers

Rise in ageing population

According to the World Health Organization's (WHO) Global Health and Aging report, "the number of people aged 65 or older is projected to grow from an estimated 524 million in 2010 to nearly 1.5 billion in 2050, with the majority of the increase occurring in developing countries." Furthermore, by 2050, the number of people 65 and older is expected to outnumber children under five. These are the certain factors that helps the market to grow.

Government Initiatives

Strategic initiatives such as partnerships, acquisitions, and mergers, as well as new product launches and investments, are some marketing and growth strategies used by these healthcare companies to gain a competitive advantage. For innstance, in September 2021, Medtronic India joined forces with Statis Health, a division of Stasis Labs, to promote the latter's bedside patient monitoring system throughout India. A bedside monitor and a cloud-connected app provide remote monitoring across devices in the connected care monitoring system.

Key points covered in the report:

The pivotal aspect considered in the global Connected Care market report consists of the major competitors functioning in the global market.
The report includes profiles of companies with prominent positions in the global market.
The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
The driving factors for the growth of the global Connected Care market are thoroughly explained along with in-depth descriptions of the industry end users.
The report also elucidates important application segments of the global market to readers/users.
This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts. The experts also evaluate the export/import policies that might propel the growth of the Global Connected Care Market.
The Global Connected Care Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Table of Contents: Global Connected Care Market

1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Connected Care in Healthcare Industry
7 Global Connected Care Market, by Product Type
8 Global Connected Care Market, by Modality
9 Global Connected Care Market, by Type
10 Global Connected Care Market, by Mode
11 Global Connected Care Market, by End User
12 Global Connected Care Market, by Geography
13 Global Connected Care Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports

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