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Connected Healthcare Market to Reach US$ 243.1 Billion by 2031, Driven by M-Health and Digital Health Adoption | DataM Intelligence
Connected Healthcare Market
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North America (Largest Region) - Key Industry Developments
✅ December 2025: GE Healthcare expanded cloud-based connected devices in North America to improve ICU monitoring and telehealth services.
✅ December 2025: Boston Scientific Corporation launched a next-gen connected cardiac monitoring system integrated with hospital EHR platforms.
Asia-Pacific (Fastest-Growing Region) - Key Industry Developments
✅ January 2026: Medtronic and Microsoft Corporation collaborated in India to deploy AI-enabled remote monitoring solutions for diabetes and cardiac care.
✅ December 2025: Oracle Corporation rolled out integrated connected healthcare platforms in Southeast Asia, supporting telemedicine and electronic prescriptions.
✅ December 2025: SAP SE partnered with hospitals in China and Japan to implement predictive analytics in connected healthcare systems.
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Key Mergers and Acquisitions
✅ December 2025: Allscripts acquired a digital health startup in the U.S. specializing in remote patient monitoring for chronic conditions.
✅ January 2026: IBM Corporation completed strategic acquisition of a telemedicine AI analytics platform in North America to strengthen connected healthcare offerings.
Market Segmentation Analysis
• By Type: M-Health Services, M-Health Devices, E-Prescription. M-Health devices dominate with rapid adoption for remote monitoring.
• By Application: Monitoring Applications, Diagnosis & Treatment, Education & Awareness, Healthcare Management, Wellness & Prevention, Others. Monitoring applications contribute the largest share due to real-time patient tracking.
• By End-User: Medical Device Manufacturers, Medical Device Suppliers, Government Research Laboratories, R&D Companies, Others. Hospitals and device manufacturers are key contributors to market adoption.
Regional Insights
North America holds the largest market share, driven by robust healthcare infrastructure, high digital adoption, and regulatory support for telehealth solutions.
Asia-Pacific is the fastest-growing region, fueled by rising smartphone penetration, government initiatives for digital healthcare, and increasing chronic disease prevalence.
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Growth Drivers
1. Increasing adoption of remote patient monitoring and telemedicine.
2. Rising prevalence of chronic diseases and demand for continuous care.
3. Integration of AI, IoT, and cloud-based platforms in healthcare IT.
4. Expansion of m-health devices and wearable technologies.
5. Government initiatives promoting digital health and connected healthcare systems.
Key Players:
The major global players in the market include Boston Scientific Corporation, Airstrip Technology, IBM Corporation, SAP SE, Oracle Corporation, GE Healthcare, Microsoft Corporation, Medtronic, and Allscripts, among others.
Key Highlights (Top Key Players):
1. Boston Scientific Corporation specializes in connected cardiac and vascular devices.
2. IBM Corporation focuses on AI-driven healthcare analytics and telehealth solutions.
3. GE Healthcare delivers connected devices for hospitals and critical care units.
4. Medtronic expands remote patient monitoring for chronic disease management.
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