Connected Health Device Market to Reach US$ 79.38t Billion by 2031 Driven by Remote Patien Monitoring and Wearable Innovation

Market Overview

The global Connected Health Device market was valued at US$ 36.52 billion in 2024 and is projected to reach US$ 79.38 billion by 2031, expanding at a strong CAGR of 11.9% during the forecast period 2025-2031.

According to the latest study published by QY Research, titled "Connected Health Device Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031", the market is experiencing accelerated growth as healthcare systems worldwide increasingly adopt technology-enabled care models. The report provides a comprehensive analysis of market size, revenue trends, competitive landscape, technology developments, and regional demand dynamics to support strategic decision-making across the healthcare value chain.

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Definition and Industry Context

Connected health-also referred to as technology-enabled care (TEC)-represents the convergence of healthcare technology, digital media, and mobile devices to deliver more efficient, accessible, and patient-centered care. Connected health devices include wearable fitness trackers, smartwatches, continuous glucose monitors, smart medical devices, and remote patient monitoring systems that collect and transmit real-time health data.

These devices empower individuals to actively manage their health while enabling healthcare providers to monitor patients remotely, improve clinical outcomes, and reduce hospital visits. The growing integration of cloud computing, mobile applications, and data analytics has further strengthened the role of connected health devices in modern healthcare ecosystems.

Key Market Drivers -

The connected health device market is being driven by several powerful factors:

Rising adoption of digital health solutions across hospitals, clinics, and home-care settings

Growing demand for remote patient monitoring, particularly for chronic disease management

Increased consumer focus on preventive healthcare and wellness tracking

Accelerated adoption following the COVID-19 pandemic, which highlighted the importance of remote care

Advancements in sensors, connectivity, and data analytics, improving device accuracy and usability

Wearable and connected medical devices are becoming integral to healthcare delivery models, helping reduce costs, enhance patient engagement, and support value-based care initiatives.

Challenges and Data Security Considerations

Despite strong growth prospects, the market faces challenges related to data security, privacy, and regulatory compliance. Connected health devices collect highly sensitive personal health information, making them potential targets for data breaches and cyber threats. Ensuring secure data transmission, compliance with healthcare regulations, and robust privacy protection remains critical to sustaining user trust and long-term market adoption.

Manufacturers and healthcare providers are increasingly investing in advanced cybersecurity solutions, encryption technologies, and regulatory compliance frameworks to address these concerns.

Market Scope and Research Coverage

The report delivers an in-depth and data-driven assessment of the global Connected Health Device market, combining both quantitative and qualitative analysis. Market size estimations and forecasts are presented in terms of revenue (US$ millions), with 2024 as the base year, historical analysis covering 2020-2024, and projections extending through 2031.

The study includes detailed segmentation by device type, application, company, region, and country, along with analysis of technological trends, product innovations, and competitive strategies.

Regional Market Insights

North America leads the global market, supported by advanced healthcare infrastructure, high adoption of wearable devices, and favorable reimbursement frameworks.

Europe follows closely, driven by digital health initiatives and aging population needs.

Asia Pacific is the fastest-growing region, fueled by rising smartphone penetration, expanding healthcare access, and growing health awareness in countries such as China and India.

South America and the Middle East & Africa represent emerging opportunities as healthcare digitization and remote monitoring adoption increase.

Competitive Landscape
The connected health device market is highly competitive, with global technology leaders, medical device manufacturers, and digital health innovators competing on product innovation, ecosystem integration, data accuracy, and user experience.

Key companies profiled in the report include:

► Apple
► Fitbit
► Samsung
► Huawei
► Xiaomi
► Omron
► Philips
► Abbott
► DexCom
► Medtronic
► GE Healthcare
► Insulet
► Tandem
► Senseonics Holdings

The report provides company rankings, market share analysis, and strategic insights into mergers, partnerships, and product launches.

Market Segmentation Highlights

By Type:

Connected Health Personal Medical Devices
Connected Health Wellness Devices

By Application:

Hospitals / Clinics
Home Monitoring

Each segment is analyzed in terms of adoption trends, revenue contribution, and growth potential.

Reasons to Procure this Report: -

►The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

►The report provides Connected Health Device market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.

►The research includes the Connected Health Device market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

►Connected Health Device market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

►This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

►The study helps evaluate Connected Health Device business predictions by region, key countries, and top companies' information to channel their investments.

Key questions answered in the report include:

►This Connected Health Device report gives all the information about the industry analysis, revenue, and overview, of this market.

►What will be the rate of increase in Connected Health Device market size and growth rate by the end of the forecast period?

►What are the major global Connected Health Device market trends influencing the development of the market?

►What are the vital results of SWOT analysis of the major players operating in the Connected Health Device market?

►What are the potential growth opportunities and threats faced by Major competitors in the Connected Health Device market?

►What are the market opportunities and threats faced by vendors in the Global Connected Health Device market?

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Table of Contents - Major Key Points:

1 Connected Health Device Market Overview
1.1 Product Definition
1.2 Connected Health Device by Type
1.2.1 Global Connected Health Device Market Value by Type (2020-2031)
1.2.2 Connected Health Personal Medical Devices
1.2.3 Connected Health Wellness Devices
1.3 Connected Health Device by Application
1.3.1 Global Connected Health Device Market Value by Application 2020-2031)
1.3.2 Hospitals/Clinic
1.3.3 Home Monitoring
1.4 Global Connected Health Device Revenue (2020-2031)
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered
2 Key Insights
2.1 Key Emerging Trends
2.2 Key Developments - Mergers Acquisitions, New Product Launches, Collaborations, Partnerships and Joint Ventures
2.3 Latest Technological Advancements
2.4 Insights on Regulatory Scenarios
2.5 Porters Five Forces Analysis
3 Players Competitive Analysis
3.1 Global Connected Health Device Revenue by Player (2020-2025)
3.2 Connected Health Device Company Evaluation Quadrant
3.3 Industry Rank
3.3.1 Global Key Players of Connected Health Device, Industry Ranking, 2023 VS 2024
3.3.2 Global Connected Health Device Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3.3 Global Connected Health Device Market Concentration Rate
3.3.4 Global 5 and 10 Largest Connected Health Device Players Market Share by Revenue
3.4 Connected Health Device Market: Overall Company Footprint Analysis
3.4.1 Connected Health Device Market: Region Footprint
3.4.2 Connected Health Device Market: Company Product Type Footprint
3.4.3 Connected Health Device Market: Company Product Application Footprint
3.4.4 Global Key Players of Connected Health Device, Date of Enter into This Industry
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
4 Players Profiles
4.1 Apple
4.1.1 Apple Company Details
4.1.2 Apple Business Overview
4.1.3 Apple Connected Health Device Introduction
4.1.4 Apple Revenue in Connected Health Device Business (2020-2025)
4.1.5 Apple Recent Development
4.2 Fitbit
4.2.1 Fitbit Company Details
4.2.2 Fitbit Business Overview
4.2.3 Fitbit Connected Health Device Introduction
4.2.4 Fitbit Revenue in Connected Health Device Business (2020-2025)
4.2.5 Fitbit Recent Development
4.3 Samsung
4.3.1 Samsung Company Details
4.3.2 Samsung Business Overview
4.3.3 Samsung Connected Health Device Introduction
4.3.4 Samsung Revenue in Connected Health Device Business (2020-2025)
4.3.5 Samsung Recent Development
4.4 Huawei
4.4.1 Huawei Company Details
4.4.2 Huawei Business Overview
4.4.3 Huawei Connected Health Device Introduction
4.4.4 Huawei Revenue in Connected Health Device Business (2020-2025)
4.4.5 Huawei Recent Development
4.5 Xiaomi
4.5.1 Xiaomi Company Details
4.5.2 Xiaomi Business Overview
4.5.3 Xiaomi Connected Health Device Introduction
4.5.4 Xiaomi Revenue in Connected Health Device Business (2020-2025)
4.5.5 Xiaomi Recent Development
4.6 Omron
4.6.1 Omron Company Details
4.6.2 Omron Business Overview
4.6.3 Omron Connected Health Device Introduction
4.6.4 Omron Revenue in Connected Health Device Business (2020-2025)
4.6.5 Omron Recent Development
4.7 Philips
4.7.1 Philips Company Details
4.7.2 Philips Business Overview
4.7.3 Philips Connected Health Device Introduction
4.7.4 Philips Revenue in Connected Health Device Business (2020-2025)
4.7.5 Philips Recent Development
4.8 Polar
4.8.1 Polar Company Details
4.8.2 Polar Business Overview
4.8.3 Polar Connected Health Device Introduction
4.8.4 Polar Revenue in Connected Health Device Business (2020-2025)
4.8.5 Polar Recent Development
4.9 Lifesense
4.9.1 Lifesense Company Details
4.9.2 Lifesense Business Overview
4.9.3 Lifesense Connected Health Device Introduction
4.9.4 Lifesense Revenue in Connected Health Device Business (2020-2025)
4.9.5 Lifesense Recent Development
4.10 Withings
4.10.1 Withings Company Details
4.10.2 Withings Business Overview
4.10.3 Withings Connected Health Device Introduction
4.10.4 Withings Revenue in Connected Health Device Business (2020-2025)
4.10.5 Withings Recent Development
4.11 Abbott
4.11.1 Abbott Company Details
4.11.2 Abbott Business Overview
4.11.3 Abbott Connected Health Device Introduction
4.11.4 Abbott Revenue in Connected Health Device Business (2020-2025)
4.11.5 Abbott Recent Development
4.12 DexCom
4.12.1 DexCom Company Details
4.12.2 DexCom Business Overview
4.12.3 DexCom Connected Health Device Introduction
4.12.4 DexCom Revenue in Connected Health Device Business (2020-2025)
4.12.5 DexCom Recent Development
4.13 Medtronic
4.13.1 Medtronic Company Details
4.13.2 Medtronic Business Overview
4.13.3 Medtronic Connected Health Device Introduction
4.13.4 Medtronic Revenue in Connected Health Device Business (2020-2025)
4.13.5 Medtronic Recent Development
4.14 Senseonics Holdings
4.14.1 Senseonics Holdings Company Details
4.14.2 Senseonics Holdings Business Overview
4.14.3 Senseonics Holdings Connected Health Device Introduction
4.14.4 Senseonics Holdings Revenue in Connected Health Device Business (2020-2025)
4.14.5 Senseonics Holdings Recent Development
4.15 Insulet
4.15.1 Insulet Company Details
4.15.2 Insulet Business Overview
4.15.3 Insulet Connected Health Device Introduction
4.15.4 Insulet Revenue in Connected Health Device Business (2020-2025)
4.15.5 Insulet Recent Development
4.16 Tandem
4.16.1 Tandem Company Details
4.16.2 Tandem Business Overview
4.16.3 Tandem Connected Health Device Introduction
4.16.4 Tandem Revenue in Connected Health Device Business (2020-2025)
4.16.5 Tandem Recent Development
4.17 SOOIL
4.17.1 SOOIL Company Details
4.17.2 SOOIL Business Overview
4.17.3 SOOIL Connected Health Device Introduction
4.17.4 SOOIL Revenue in Connected Health Device Business (2020-2025)
4.17.5 SOOIL Recent Development
4.18 GE Healthcare
4.18.1 GE Healthcare Company Details
4.18.2 GE Healthcare Business Overview
4.18.3 GE Healthcare Connected Health Device Introduction
4.18.4 GE Healthcare Revenue in Connected Health Device Business (2020-2025)
4.18.5 GE Healthcare Recent Development
4.19 Hill-Rom
4.19.1 Hill-Rom Company Details
4.19.2 Hill-Rom Business Overview
4.19.3 Hill-Rom Connected Health Device Introduction
4.19.4 Hill-Rom Revenue in Connected Health Device Business (2020-2025)
4.19.5 Hill-Rom Recent Development
4.20 Schiller
4.20.1 Schiller Company Details
4.20.2 Schiller Business Overview
4.20.3 Schiller Connected Health Device Introduction
4.20.4 Schiller Revenue in Connected Health Device Business (2020-2025)
4.20.5 Schiller Recent Development
5 Analysis by Region
5.1 Global Connected Health Device Market Size by Region
5.1.1 Global Connected Health Device Revenue by Region: 2020 VS 2024 VS 2031
5.1.2 Global Connected Health Device Revenue by Region (2020-2025)
5.1.3 Global Connected Health Device Revenue by Region (2026-2031)
5.1.4 Global Connected Health Device Revenue Market Share by Region (2020-2031)
5.2 North America Connected Health Device Revenue (2020-2031)
5.3 Europe Connected Health Device Revenue (2020-2031)
5.4 Asia-Pacific Connected Health Device Revenue (2020-2031)
5.5 South America Connected Health Device Revenue (2020-2031)
5.6 Middle East & Africa Connected Health Device Revenue (2020-2031)
6 Market Scenario by Region & Country
6.1 Global Connected Health Device Revenue by Region & Country: 2020 Versus 2024 Versus 2031
6.2 Global Connected Health Device Revenue by Region & Country (2020-2031)
6.3 North America Connected Health Device Market Facts & Figures by Country
6.3.1 North America Connected Health Device Revenue by Country: 2020 VS 2024 VS 2031
6.3.2 North America Connected Health Device Revenue by Country (2020-2031)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe Connected Health Device Market Facts & Figures by Country
6.4.1 Europe Connected Health Device Revenue by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Connected Health Device Revenue by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific Connected Health Device Market Facts & Figures by Region
6.5.1 Asia Pacific Connected Health Device Market Size by Region: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Connected Health Device Revenue by Region (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Indonesia
6.5.10 Thailand
6.5.11 Malaysia
6.5.12 Philippines
6.6 South America Connected Health Device Market Facts & Figures by Country
6.6.1 South America Connected Health Device Market Size by Country: 2020 VS 2024 VS 2031
6.6.2 South America Connected Health Device Revenue by Country
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Argentina
6.7 Middle East and Africa Connected Health Device Market Facts & Figures by Country
6.7.1 Middle East and Africa Connected Health Device Market Size by Country: 2020 VS 2024 VS 2031
6.7.2 Middle East and Africa Connected Health Device Revenue by Country
6.7.3 Turkey
6.7.4 Saudi Arabia
6.7.5 U.A.E
7 Segment by Type
7.1 Global Connected Health Device Revenue by Type (2020-2025)
7.2 Global Connected Health Device Revenue by Type (2026-2031)
7.3 Global Connected Health Device Revenue Market Share by Type (2020-2031)
8 Segment by Application
8.1 Global Connected Health Device Revenue by Application (2020-2025)
8.2 Global Connected Health Device Revenue by Application (2026-2031)
8.3 Global Connected Health Device Revenue Market Share by Application (2020-2031)
9 Industry Chain and Sales Channels Analysis
9.1 Connected Health Device Industry Chain Analysis
9.2 Connected Health Device Key Raw Materials
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.3 Connected Health Device Production Mode & Process
9.4 Connected Health Device Sales and Marketing
9.4.1 Connected Health Device Sales Channels
9.4.2 Connected Health Device Distributors
9.5 Connected Health Device Customers
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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