Market Overview:
The Global Connected Care Market was estimated at USD 37.29 Billion in 2021, and is projected to reach USD 174.55 Billion by 2028, growing at a CAGR of 24.67% during the analysis period.
Quality healthcare that is individualized and accessed through technology is referred to as connected care. It is the real-time, electronic communication between a patient and a healthcare professional. Remote patient monitoring, telemedicine, and secure e-mail exchanges between practitioners and their patients are a few examples of connected care. Through connected care, healthcare professionals may readily communicate with their patients as well as other primary, secondary, and tertiary healthcare providers by leveraging technology like computers, iPads, and smartphones. Connected Care is centered around the person, their goals, and their needs. In connected care, patients experience graceful treatment plans and appointments. At time patients do not always need an appointment and can be diagnosed and treated using a digital interface. There is no need to physically sit within a hospital, freeing up resources for emergencies and reducing, Individuals can receive care at home, in their car, or even in the workplace.
Get Sample Report of Connected Care Market Report
https://introspectivemarketresearch.com/request/16208
Major Key Players for Connected Care Market:
- Allscripts Healthcare LLC. (the U.S.)
- Cerner Corporation (U.S.)
- Koninklijke Philips N. V (Netherlands)
- McKesson Corporation (U.S.)
- Apple Inc. (U.S.)
- Omron Corporation (Japan)
- General Electric Company (U.S.)
- Fitbit Inc. (U.S.)
- IBM Corporation (U.S.)
- NXGN Management LLC
Market Dynamics and Factors:
High Internet penetration combined with rising government spending on the healthcare industry to facilitate various healthcare services is currently a key element driving growth in the internationally connected care market in both developed and developing nations. In addition, the growing number of road accidents can be considered foetal non-fatal injuries, various activities such as trekking and adventure sports result in minor injuries, and continuously evolving point-of-care models are driving increased demand for connected care devices for real-time monitoring and sharing of patient data. These trends are all expected to contribute to the growth of the connected care market.
Connected Care Market Report Highlight:
- By type, mHealth services segment is anticipated to have the highest share of the market over the forecasted timeframe. Increased smartphone users rate allows people to use a variety of healthcare services via wireless technology, it gives patients faster access to providers and care. Resulting in increased acceptance of mHealth services.
- By function, the telemedicine segment is expected to dominate the market in the projected timeframe. The rise in the adoption of telemedicine services, for instance, according to the Multidisciplinary Digital Publishing Institute (MDPI) journals survey, 89% of patients use telemedicine as an acceptable form of medical care thus, helping in the segment’s growth.
- By application, the wellness & prevention segment is expected to lead the growth of the market. It is the most utilized application of connected care. The option to get experts' opinions from home has captured a large audience thus, driving the development of the segment.
- In the connected care market, North America is the dominating region. In 2020, the North American market reached USD 27.20 billion. Due to rising healthcare costs, increasing smartphone adoption, rising demand for connected healthcare products, and remote patient monitoring, the region dominated the global market in 2020.
Feel free to ask your queries at
https://introspectivemarketresearch.com/inquiry/16208
Key Industry Development:
In September 2021, Medtronic India partnered with Statis Health, a unit of Stasis Labs, for promoting the latter’s bedside patient monitoring system across India.
In April 2021, Siemens Healthineers AG completed its acquisition of Varian Medical Systems, Inc. Siemens Healthineers is working with Varian to create "EnVision," a comprehensive digital, diagnostic, and therapeutic environment that includes treatment management. Siemens Healthineers will use AI-assisted analytics to accelerate the development and delivery of data-driven precision care.
Connected Care Market Segmentation:
By Type
- mHealth services
- mHealth devices
- e-Prescription
By Function
- Remote patient monitoring
- Clinical Monitoring
- Telemedicine
- Others
By Application
- Diagnosis & Treatment
- Monitoring Applications
- Wellness & Prevention
- Healthcare Management
- Others
For this report, Introspective Market Research has segmented the Connected Care Market based on the region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Turkey
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Vietnam
- Thailand
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Iran
- Rest of MEA
- Latin America
- Brazil
- Argentina
- Rest of LATAM
For Customization Report
https://introspectivemarketresearch.com/custom-research/16208
Scope of the Report:
The report encompasses the entire analysis of market size in previous years for major segments and countries, as well as future estimates. The Connected Care Market study looks deeply into the worldwide market's competitive landscape. The study also provides the names of key market players and the methods they used to gain a dominant position in the industry. It also includes useful market insights, dynamics and factors, and market analysis techniques such as PESTEL analysis, PORTER's Five Forces analysis, value chain analysis, SWOT analysis, BCG matrix, and Ansoff matrix.
Read Detailed Index of full Research Study at @
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16208
About Us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illionis
60616 USA
Ph no: +1-773-382-1047