"An international Connected Health Personal Medical Devices Market report enables businesses to utilize actionable data and make informed decisions. Understanding consumer behavior, the market, competitors, and future industry challenges better equips businesses to position the brand effectively. Combining all marketing aspects with collected quantitative data allows more successful product development. An exceptional Connected Health Personal Medical Devices Market research report aids in strategic planning, encompassing big-picture organizational goals, new product development launches, geographic market expansions, or even mergers and acquisitions.
The solid foundation required to tackle a variety of business challenges can be provided by the first-class Connected Health Personal Medical Devices Market research report. To generate this report, goals are set, and primary and secondary segments are decided to gather the necessary information for effective results. The report is concise and accurate, straight to the point without omitting essential information. All gathered market data is cleaned and organized before formulating an excellent market report, which includes an executive summary that provides a general idea of the report.
Data Bridge Market Research analyses that the connected health personal medical devices market which was USD 20.15 billion in 2022, is expected to reach USD 75.74 billion by 2030, at a CAGR of 18% during the forecast period 2023 to 2030.
Explore Further Details about This Research Connected Health Personal Medical Devices Market Report https://www.databridgemarketresearch.com/reports/global-connected-health-personal-medical-devices-market
Connected Health Personal Medical Devices Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Product (Insulin Pumps, BP Monitors, Portable GPS PERS, Glucose Monitor, Personal Pulse Oximeter, Smart Pill Dispenser, Personal ECG), Application (Hospitals/Clinics, Home Monitoring, Others), Type (Healthcare IT, Health Information Exchange, Healthcare Analytics) |
Countries Covered | 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 |
Market Players Covered | 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), Microsoft (U.S.), Persistent Systems (India), Koninklijke Philips N.V. (Netherlands), Qualcomm Technologies, Inc. (U.S.), Vivify Health, Inc. (Canada), IBM Corporation (U.S.) |
Market Opportunities |
|
Market Definition
A connected health device is a technology that is used for the patient care in the most efficient and proactive manner possible. The approach has the potential to empower patients, clinicians, and healthcare planners. These devices are changing the lives of thousands of patients. Some of the most popular health-connected devices are include self-monitored ECG, Adheretech's smart wireless pill bottle, intelligent asthma management, and health patch MD, among others.
Connected Health Personal Medical Devices Market Dynamics
Drivers
- Increasing geriatric population
The global geriatric population is projected to grow at a CAGR of 6.5% from 2016 to 2020, reaching 1.6 billion by 2020. This will create a large pool of patients with chronic diseases who will require continuous monitoring and treatment, thereby driving the demand for connected personal health medical devices.
- Rising prevalence of lifestyle-related diseases
There is an increasing prevalence of lifestyle-related diseases such as obesity, diabetes, and heart disease across the world due to changing lifestyles and dietary habits. This has led to an increase in the demand for connected personal health medical devices that can help in the early diagnosis and prevention of these diseases.
- Rising awareness about benefits of connected health devices
There is rising awareness among consumers about the benefits offered by connected health personal medical devices such as improved patient care, timely diagnosis and treatment, and reduced healthcare costs, fuelling their adoption worldwide.
Opportunities
- Government Initiatives
Strategic initiatives such as partnerships, acquisitions, mergers, and new product launches and investments are some marketing and growth strategies used by these healthcare companies to gain a competitive advantage. For instance, in Medtronic India partnered with Statis Health, a division of Stasis Labs, in September 2021 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.
The investment made in the study would provide you access to information such as:
- Connected Health Personal Medical Devices Market [Global Connected Health Personal Medical Devices Market – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East Africa]
- Country wise Market Size Split [of important countries with major Connected Health Personal Medical Devices Market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
Browse Related Reports:
Gemcitabine HCL Market To Perceive Highest Growth of Billion by Size, Share, Trends, Key Growth Drivers and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-gemcitabine-hcl-market
Hydantoin anticonvulsants Market to Receive Billion by Size, Shares, Trends, Demand, Growth Opportunities and Revenue Analysis
https://www.databridgemarketresearch.com/reports/global-hydantoin-anticonvulsants-market
Idiopathic Thrombocytopenic Purpura (Immune Thrombocytopenic Purpura) Treatment Market to Experience Substantial Growth of Billion by Size, Share, Demand, Opportunities, Growth Rate and Key Players Analysis
Leukemia Therapeutics Market is expected to Reach the Valuation Billion by Size, Share, Growth, Trends, Demand and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-leukemia-therapeutics-market
Memantine Market to Grasp Outstanding Growth of Million by, Size, Share, Trends, Opportunities, Key Drivers and Revenue Forecast
https://www.databridgemarketresearch.com/reports/global-memantine-market
Metastatic Melanoma Market to Exhibit an Incredible Growth of Billion by Size, Share, Trends, Key Drivers, Demand and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-metastatic-melanoma-market
methylxanthines Market is Probable to Influence the Value of Billion by Size, Share, Trends, Industry Growth and Competitive Outlook
https://www.databridgemarketresearch.com/reports/global-methylxanthines-market
Myeloproliferative Disorders Drugs Market is expected to Reach the Valuation Billion by Size, Share, Growth, Trends, Demand and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-myeloproliferative-disorders-drugs-market
orexin receptor antagonists Market to Grasp Outstanding Growth of Million by, Size, Share, Trends, Opportunities, Key Drivers and Revenue Forecast
https://www.databridgemarketresearch.com/reports/global-orexin-receptor-antagonists-market
Ovulation Inducing Drugs Market to Exhibit an Incredible Growth of Billion by Size, Share, Trends, Key Drivers, Demand and Opportunity Analysis
https://www.databridgemarketresearch.com/reports/global-ovulation-inducing-drugs-market
About Data Bridge Market Research:
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – [email protected]
"
