Rising Prevalence Of Chronic Diseases Fueling The Growth Of The Market Due To Increasing Demand For Continuous Health Monitoring: Transformative Forces Shaping the Connected Health Personal Medical Devices Market Landscape in 2025

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What Will the Connected Health Personal Medical Devices Industry Market Size Be by 2025?
The market for personal medical devices in the connected health sector has experienced swift expansion in the past few years. The market, worth $39.67 billion in 2024, is projected to rise to $45.71 billion in 2025, showing a compound annual growth rate (CAGR) of 15.2%. Factors contributing to the growth during the historical period include an increase in chronic diseases, an ageing population, more widespread use of smartphones, higher adoption rates of health apps, and the need for remote patient monitoring.

What's the Long-Term Growth Forecast for the Connected Health Personal Medical Devices Market Size Through 2029?
In the coming years, the market size of connected health personal medical devices is predicted to experience swift expansion. The market is anticipated to reach $80 billion by 2029 with a compound annual growth rate (CAGR) of 15.0%. Factors contributing to this growth within the forecasted period include the proliferation of telehealth services, increased healthcare costs promoting home-based care, the need for instant health information, the implementation of 5G networks, regulatory backing for digital health, and an enhanced consumer emphasis on health tracking. Noteworthy trends for the projected period encompass the miniaturization of medical devices, personalized health monitoring, subscription-oriented health platforms, artificial intelligence (AI) facilitated health analysis, and data storage on the cloud.

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What Are the Key Growth Drivers Fueling the Connected Health Personal Medical Devices Market Expansion?
The increasing incidence of enduring health conditions is predicted to boost the expansion of the personal medical devices sector in the realm of connected health. These persistent health issues develop over time and require ongoing medical attention, often due to inactive lifestyles that involve extended periods of being seated and limited physical exercise, raising the risk of afflictions - such as cardiac disorders and diabetes. Personal medical devices in the connected health sector contribute to managing chronic diseases by providing real-time health status tracking, making them perfect for managing ailments such as diabetes and hypertension from the comfort of home. These devices decrease the need for regular clinic visits by offering continuous data and alerts in a timely manner, thus enhancing patient outcomes and convenience. As an example, the UK's National Health Service reported in June 2024 that 3,615,330 patients registered with a general practitioner (GP) were diagnosed with non-diabetic hyperglycemia or pre-diabetes (a health issue with higher than average blood sugar levels, yet not severe enough to be deemed as diabetes) in 2023, signifying an increase of 18% from 3,065,825 cases reported in 2022. Hence, the escalating occurrence of chronic health conditions is fueling the surge in the personal medical devices sector in the connected health arena.

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What Are the Key Trends Driving Connected Health Personal Medical Devices Market Growth?
Key businesses in the connected health personal medical devices market, such as advanced in-home diagnostic systems, are concentrating on creating innovative products to enhance preventive healthcare and user comfort. These are medical equipment and resources that enable users to oversee, examine, and control their health issues at home without needing to consult a healthcare provider. One example is U-Scan, an innovative, hands-free, at-home urine analysis system developed and launched by Withings, a health tech firm based in France in January 2023. This system, which fits inside a toilet bowl, relies on a replaceable cartridge that conducts daily tests for a period of up to three months, assessing important hydration and nutrition biomarkers. The device syncs up with a smartphone app, delivering real-time insights and personalized health advice to users. U-Scan is designed to make routine health monitoring simple and non-invasive, thereby fostering preventive health management.

How Is the Connected Health Personal Medical Devices Market Segmented?
The connected health personal medical devices market covered in this report is segmented -

1) By Type: Healthcare IT, Health Information Exchange, Healthcare Analytics
2) By Product: Insulin Pumps, Blood Pressure (BP) Monitors, Portable Global Positioning System (GPS) Personal Emergency Response System (PERS), Glucose Monitor, Personal Pulse Oximeter, Smart Pill Dispenser, Personal Electrocardiogram (ECG)
3) By Connectivity: Bluetooth, Wi-Fi, Cellular, Other Connectivities
4) By Application: Chronic Disease Management, Fitness And Wellness, Home Healthcare, Other Applications
5) By End User: Hospitals, Clinics, Homecare Settings, Other End Users

Subsegments:
1) By Healthcare IT: Electronic Health Records (EHR), Telemedicine Solutions, Mobile Health (mHealth) Applications, E-Prescribing Systems
2) By Health Information Exchange: Directed Exchange, Query-Based Exchange, Consumer-Mediated Exchange, Cloud-Based Health Information Platforms
3) By Healthcare Analytics: Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Real-Time Analytics

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Which Companies Are Leading the Charge in Connected Health Personal Medical Devices Market Innovation?
Major companies operating in the connected health personal medical devices market are Johnson & Johnson, F. Hoffmann-La Roche AG, Abbott Laboratories, Medtronic plc, Siemens Healthineers, Stryker Corporation, Becton, Dickinson and Company (BD), GE HealthCare, Philips Healthcare, Omron Healthcare India Private Limited, Zebra Technologies India Private Limited, Masimo Corporation, Oura Health Oy, Whoop Inc., Withings, Eko Health Inc., TytoCare Ltd., AliveCor Inc., DarioHealth Corp., iHealth Labs Inc., Levels Health Inc., Samsung Electronics Co. Ltd., Biostrap, Muse, Aktiia, Ava Science Inc., Bloomlife Inc., Lief Therapeutics, Movano Health, Oxitone Medical Ltd., Qardio Inc.

Which Regions Are Leading the Global Connected Health Personal Medical Devices Market in Revenue?
North America was the largest region in the connected health personal medical devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connected health personal medical devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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