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Connected Healthcare Devices Market

ID: MRFR/MED/0205-HCR
110 Pages
Kinjoll Dey
October 2025

Connected Healthcare Devices Market Research Report Information, by Product (ECG Monitoring Devices, BP Monitor), Device (Wearables and Non-Wearables), Application (Remote Monitoring and Others), End-User (Hospitals) - Industry Forecast Till 2035

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Connected Healthcare Devices Market Summary

As per MRFR analysis, the Connected Medical Devices Market was estimated at 59.2 USD Billion in 2024. The Connected Medical Devices industry is projected to grow from 65.43 USD Billion in 2025 to 159.38 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 9.38% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Connected Healthcare Devices Market is experiencing robust growth driven by technological advancements and increasing demand for patient-centric solutions.

  • The integration of Artificial Intelligence is transforming the functionality and efficiency of connected medical devices.
  • North America remains the largest market, while Asia-Pacific is emerging as the fastest-growing region in this sector.
  • Remote Patient Monitoring is the largest segment, whereas Telehealth Services are witnessing the fastest growth due to evolving healthcare needs.
  • Rising demand for telehealth solutions and increasing prevalence of chronic diseases are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 59.2 (USD Billion)
2035 Market Size 159.38 (USD Billion)
CAGR (2025 - 2035) 9.38%

Major Players

Medtronic (US), Philips (NL), Siemens Healthineers (DE), GE Healthcare (US), Johnson & Johnson (US), Abbott Laboratories (US), Boston Scientific (US), Baxter International (US), Roche (CH)

Connected Healthcare Devices Market Trends

The Connected Medical Devices Market is currently experiencing a transformative phase, driven by advancements in technology and an increasing emphasis on patient-centered care. The integration of Internet of Things (IoT) capabilities into medical devices facilitates real-time monitoring and data collection, which enhances the ability of healthcare providers to deliver personalized treatment. This shift towards connected devices not only improves patient outcomes but also streamlines operational efficiencies within healthcare systems. Furthermore, the growing prevalence of chronic diseases necessitates continuous monitoring, thereby propelling the demand for connected solutions that can provide timely insights into patient health. In addition to technological advancements, regulatory frameworks are evolving to accommodate the rapid growth of the Connected Medical Devices Market. Governments and health organizations are recognizing the potential benefits of these devices, leading to the establishment of guidelines that ensure safety and efficacy. This regulatory support is likely to foster innovation and encourage investment in the sector. As the market continues to expand, stakeholders must remain vigilant to address challenges such as data security and interoperability, which are critical for the successful implementation of connected medical technologies. Overall, the future of the Connected Medical Devices Market appears promising, with ongoing developments poised to reshape the landscape of healthcare delivery.

Integration of Artificial Intelligence

The incorporation of artificial intelligence into connected medical devices is becoming increasingly prevalent. This trend suggests that devices equipped with AI capabilities can analyze vast amounts of data, enabling predictive analytics and personalized treatment plans. Such advancements may enhance diagnostic accuracy and improve patient engagement, ultimately leading to better health outcomes.

Focus on Remote Patient Monitoring

There is a growing emphasis on remote patient monitoring solutions within the Connected Medical Devices Market. This trend indicates a shift towards enabling healthcare providers to monitor patients outside traditional clinical settings. By leveraging connected devices, healthcare professionals can track vital signs and health metrics in real-time, which may facilitate timely interventions and reduce hospital readmissions.

Enhanced Data Security Measures

As the Connected Medical Devices Market expands, the importance of data security is becoming more pronounced. This trend highlights the need for robust cybersecurity measures to protect sensitive patient information. Manufacturers are likely to invest in advanced encryption technologies and secure communication protocols to mitigate risks associated with data breaches and ensure patient trust.

Connected Healthcare Devices Market Drivers

Growing Aging Population

The Global Connected Medical Devices Market Industry is significantly impacted by the growing aging population, which presents unique healthcare challenges. Older adults often require continuous monitoring and management of chronic conditions, making connected medical devices essential for effective care. Devices such as remote monitoring systems and telehealth solutions cater specifically to this demographic, enabling healthcare providers to deliver timely interventions. As the global population ages, the demand for these technologies is expected to rise, contributing to the market's growth trajectory. This demographic shift underscores the necessity for innovative solutions that address the healthcare needs of an increasingly elderly population.

Market Growth Projections

The Global Connected Medical Devices Market Industry is poised for substantial growth, with projections indicating a market size of 1.64 USD Billion in 2024 and an anticipated increase to 6.77 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 13.74% from 2025 to 2035. The expansion is driven by various factors, including technological advancements, increasing healthcare costs, and a heightened focus on preventive care. As the industry evolves, stakeholders must adapt to emerging trends and consumer demands to capitalize on the opportunities presented by this dynamic market.

Regulatory Support and Standardization

Regulatory frameworks and standardization efforts significantly influence the Global Connected Medical Devices Market Industry. Governments and health authorities are increasingly recognizing the potential of connected devices in improving healthcare delivery. Initiatives aimed at establishing clear guidelines for device development and data security foster innovation while ensuring patient safety. For example, the FDA has introduced streamlined approval processes for digital health technologies, encouraging manufacturers to bring new solutions to market. This supportive regulatory environment is expected to facilitate market expansion, as it enhances consumer confidence and encourages investment in connected medical technologies.

Increasing Focus on Preventive Healthcare

The Global Connected Medical Devices Market Industry is witnessing a paradigm shift towards preventive healthcare, driven by a growing awareness of health and wellness. This shift encourages individuals to proactively manage their health through connected devices that monitor vital signs and lifestyle factors. For instance, fitness trackers and smartwatches provide users with insights into their physical activity and health metrics, promoting healthier lifestyles. This trend is likely to contribute to the market's growth, with a projected compound annual growth rate of 13.74% from 2025 to 2035. The emphasis on prevention not only enhances individual health outcomes but also alleviates the burden on healthcare systems.

Rising Demand for Remote Patient Monitoring

The Global Connected Medical Devices Market Industry experiences a notable surge in demand for remote patient monitoring solutions. This trend is primarily driven by the increasing prevalence of chronic diseases, which necessitates continuous health monitoring. For instance, devices such as wearable heart monitors and glucose trackers enable healthcare providers to collect real-time data, facilitating timely interventions. As of 2024, the market is projected to reach 1.64 USD Billion, reflecting a growing acceptance of telehealth solutions. This shift towards remote monitoring not only enhances patient outcomes but also reduces healthcare costs, indicating a transformative change in patient management.

Technological Advancements in Medical Devices

Technological innovation plays a pivotal role in shaping the Global Connected Medical Devices Market Industry. The integration of advanced technologies such as artificial intelligence, machine learning, and the Internet of Things enhances the functionality and efficiency of medical devices. For example, smart inhalers equipped with sensors can track medication usage and provide feedback to patients and healthcare providers. These advancements not only improve patient adherence but also enable personalized treatment plans. As the industry evolves, the market is expected to grow significantly, with projections indicating a rise to 6.77 USD Billion by 2035, underscoring the importance of continuous innovation.

Market Segment Insights

By Application: Remote Patient Monitoring (Largest) vs. Telehealth Services (Fastest-Growing)

The Connected Medical Devices Market showcases a diverse application landscape where Remote Patient Monitoring holds the largest share. This segment has witnessed robust adoption due to an increasing focus on patient-centric care models and the need for continuous health assessment. In contrast, Telehealth Services, which facilitate virtual healthcare access, are experiencing rapid growth, reflecting changing patient preferences and technological advancements. Chronic Disease Management and Fitness and Wellness Monitoring also contribute significantly, but they are eclipsed by the leading segments.

Chronic Disease Management (Dominant) vs. Fitness and Wellness Monitoring (Emerging)

Chronic Disease Management stands as a dominant force within the Connected Medical Devices Market, driven by the surge in lifestyle-related diseases necessitating ongoing monitoring and management. This segment emphasizes proactive health management through devices that facilitate real-time data collection and analytics. In contrast, Fitness and Wellness Monitoring, an emerging segment, caters to health-conscious consumers seeking to track their fitness goals and maintain a healthy lifestyle. While this segment is gaining momentum through the proliferation of wearable technologies, it still trails behind Chronic Disease Management, which is more integrated into formal healthcare pathways.

By Device Type: Wearable Devices (Largest) vs. Implantable Devices (Fastest-Growing)

In the Connected Medical Devices Market, the device type segment is witnessing significant shifts, with wearable devices emerging as the largest segment. These devices, often used for continuous monitoring of patients’ health metrics, are increasingly popular among consumers, healthcare providers, and insurers alike. In contrast, implantable devices are gaining traction as the fastest-growing segment, driven by advancements in medical technology and the rising prevalence of chronic diseases that require ongoing management.

Wearable Devices (Dominant) vs. Implantable Devices (Emerging)

Wearable devices dominate the Connected Medical Devices Market due to their accessibility, ease of use, and ability to monitor a multitude of health parameters without invasive procedures. They cater to a wide demographic, from fitness enthusiasts to patients with chronic conditions. Meanwhile, implantable devices represent an emerging segment, characterized by sophisticated technology that allows for prolonged health monitoring and timely intervention. Their increasing acceptance, coupled with innovations in biocompatible materials and enhanced patient outcomes, position them to capture growing market attention, especially among patients requiring long-term medical management.

By End Use: Hospitals (Largest) vs. Home Care Settings (Fastest-Growing)

In the Connected Medical Devices Market, the end use segment is primarily dominated by hospitals, with a significant share attributed to their advanced infrastructure and high patient volume. Hospitals leverage connected medical devices to enhance patient monitoring, improve operational efficiency, and streamline healthcare delivery. Home care settings, while smaller in share, are emerging rapidly as they cater to an increasing preference for at-home care solutions, which facilitate patient comfort and convenience. Growth trends within this segment indicate a robust shift towards home care settings, fueled by rising healthcare costs, an aging population, and advancements in telehealth technologies. As more patients seek care outside traditional clinical environments, home care settings are becoming the fastest-growing area, representing a paradigm shift in where and how healthcare is delivered. This trend highlights the growing importance of connected medical devices in ensuring continuity of care and remote patient monitoring.

Hospitals (Dominant) vs. Ambulatory Surgical Centers (Emerging)

Hospitals remain the dominant end-use segment in the Connected Medical Devices Market, driven by their ability to integrate advanced connected technologies for comprehensive patient care. They have established systems that support a wide range of connected devices, enabling real-time monitoring, data collection, and enhanced patient outcomes. Conversely, ambulatory surgical centers are considered an emerging segment, gaining traction due to their focus on outpatient procedures and the minimization of hospital stays. These centers are adopting connected devices to optimize surgical workflows and improve patient experiences, reflecting a shift in surgical care delivery. Their nimbleness in embracing technology presents unique opportunities for growth while catering to a patient base that favors less invasive surgical options.

By Technology: Bluetooth Technology (Largest) vs. Wi-Fi Technology (Fastest-Growing)

In the Connected Medical Devices Market, Bluetooth Technology holds the largest market share due to its widespread adoption in various devices such as wearables and home monitoring systems. This technology enables low-power, short-range connectivity, making it ideal for real-time patient monitoring and data transfer. On the other hand, Wi-Fi Technology, while currently smaller in terms of market share, is rapidly gaining traction, especially with the increasing demand for high-speed data transmission in healthcare environments.

Technology: Bluetooth (Dominant) vs. Wi-Fi (Emerging)

Bluetooth Technology is the dominant force in the Connected Medical Devices Market, primarily because of its extensive utilization in connecting devices like heart rate monitors and glucose meters. It offers a balance of energy efficiency and effective range, which is critical for continuous patient monitoring. In contrast, Wi-Fi Technology is emerging as a significant contender, largely driven by the prevalence of internet-connected devices that demand superior data speeds. The ability to handle larger data streams makes Wi-Fi suitable for applications such as telemedicine and remote patient monitoring systems, positioning it as an essential technology for future medical device innovations.

By Connectivity: Cloud-Based Connectivity (Largest) vs. IoT Connectivity (Fastest-Growing)

In the Connected Medical Devices Market, Cloud-Based Connectivity stands as the largest segment, favored for its ability to facilitate remote monitoring and data storage solutions. This segment allows healthcare providers to access patient data seamlessly, enhancing decision-making and enabling efficient care management. On the other hand, Internet of Things Connectivity is making significant strides, characterized by an increasing integration of smart devices in healthcare settings. This segment is rapidly gaining traction as healthcare systems seek to enhance patient engagement and operational efficiency through interconnected devices.

Cloud-Based Connectivity (Dominant) vs. Mobile Connectivity (Emerging)

Cloud-Based Connectivity has established itself as a dominant player in the Connected Medical Devices Market due to its robust infrastructure that supports a large volume of patient data and enables remote access to critical information. Its characteristics include real-time data synchronization and enhanced security features, making it essential for modern healthcare delivery. In contrast, Mobile Connectivity is emerging as a vital segment, driven by the increasing adoption of mobile health applications. This segment appeals to patients seeking convenience and immediate healthcare access, allowing for real-time communication with healthcare providers and facilitating on-the-go health monitoring.

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Regional Insights

North America : Market Leader in Innovation

North America continues to lead the Connected Medical Devices Market, holding a significant share of 30.0% in 2024. The region's growth is driven by advanced healthcare infrastructure, increasing adoption of telehealth, and stringent regulatory frameworks that promote innovation. The demand for remote patient monitoring and chronic disease management solutions is surging, supported by favorable reimbursement policies and technological advancements. The competitive landscape is robust, with key players like Medtronic, GE Healthcare, and Johnson & Johnson dominating the market. The U.S. is the primary contributor, leveraging its technological prowess and investment in R&D. The presence of major healthcare institutions and a growing focus on personalized medicine further enhance the region's market position, ensuring continued growth in the coming years.

Europe : Emerging Regulatory Frameworks

Europe's Connected Medical Devices Market is poised for growth, with a market size of 15.0% in 2024. The region benefits from a strong regulatory framework that encourages innovation while ensuring patient safety. The increasing prevalence of chronic diseases and an aging population are driving demand for connected devices. Additionally, initiatives aimed at digital health transformation are catalyzing market expansion, supported by government investments in healthcare technology. Leading countries such as Germany, France, and the UK are at the forefront, with companies like Philips and Siemens Healthineers playing pivotal roles. The competitive landscape is characterized by a mix of established players and innovative startups, fostering a dynamic environment. The European market is expected to grow as healthcare providers increasingly adopt connected solutions to enhance patient care and operational efficiency.

Asia-Pacific : Rapid Growth and Adoption

The Asia-Pacific region is witnessing rapid growth in the Connected Medical Devices Market, with a market size of 10.0% in 2024. Factors such as increasing healthcare expenditure, rising awareness of health monitoring, and government initiatives to promote digital health are driving this growth. The demand for connected devices is particularly strong in countries like China and India, where large populations and rising chronic disease rates create significant opportunities for market expansion. The competitive landscape is evolving, with both The Connected Medical Devices share. Companies like Abbott Laboratories and Boston Scientific are expanding their presence in the region, leveraging partnerships and collaborations to enhance their offerings. As healthcare systems modernize and digital health adoption accelerates, the Asia-Pacific market is set for substantial growth in the coming years.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa (MEA) region is emerging as a potential market for Connected Medical Devices, with a market size of 4.2% in 2024. The growth is driven by increasing investments in healthcare infrastructure, rising awareness of health technologies, and government initiatives aimed at improving healthcare access. The demand for connected devices is growing, particularly in urban areas where healthcare facilities are expanding and digital health solutions are being integrated into existing systems. Countries like South Africa and the UAE are leading the charge, with a focus on enhancing healthcare delivery through technology. The competitive landscape is characterized by a mix of local and international players, including Roche and Baxter International. As the region continues to develop its healthcare capabilities, the Connected Medical Devices Market is expected to see significant growth, driven by innovation and investment in health technology.

Key Players and Competitive Insights

The Connected Medical Devices Market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and an increasing demand for remote patient monitoring solutions. Key players such as Medtronic (US), Philips (NL), and Abbott Laboratories (US) are strategically positioning themselves through innovation and partnerships. Medtronic (US) focuses on enhancing its product portfolio with advanced digital health solutions, while Philips (NL) emphasizes its commitment to integrated healthcare systems. Abbott Laboratories (US) is leveraging its expertise in diagnostics to expand its connected device offerings, collectively shaping a competitive environment that prioritizes technological integration and patient-centric solutions.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market appears moderately fragmented, with a mix of established players and emerging startups. This structure allows for diverse competitive strategies, where key players exert considerable influence through their innovative capabilities and market reach.

In November 2025, Medtronic (US) announced a strategic partnership with a leading telehealth provider to enhance its remote monitoring capabilities. This collaboration is expected to facilitate seamless data integration between devices and healthcare providers, thereby improving patient outcomes and operational efficiencies. Such strategic moves indicate Medtronic's commitment to expanding its digital health ecosystem, which is crucial in a market that increasingly values connectivity and real-time data.

In October 2025, Philips (NL) launched a new line of connected imaging devices designed to improve diagnostic accuracy and workflow efficiency in hospitals. This product introduction not only reinforces Philips' position as a leader in medical technology but also highlights its focus on integrating AI and machine learning into its devices. The strategic importance of this launch lies in its potential to enhance clinical decision-making and streamline healthcare processes, aligning with the broader trend of digital transformation in the industry.

In December 2025, Abbott Laboratories (US) unveiled a new connected glucose monitoring system aimed at providing real-time data to patients and healthcare providers. This innovation is particularly significant as it addresses the growing need for personalized healthcare solutions in diabetes management. Abbott's focus on real-time data sharing exemplifies the shift towards patient empowerment and proactive health management, which is becoming increasingly vital in the Connected Medical Devices Market.

As of December 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing product offerings. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, reliability in supply chains, and the ability to deliver comprehensive healthcare solutions. This shift underscores the importance of adaptability and forward-thinking strategies in navigating the complexities of the Connected Medical Devices Market.

Key Companies in the Connected Healthcare Devices Market market include

Industry Developments

  • Q2 2024: Philips launches next-generation wearable biosensor for hospital and home monitoring Philips announced the commercial launch of its new wearable biosensor, designed to continuously monitor patients' vital signs both in hospitals and at home, expanding its connected care portfolio.
  • Q2 2024: Medtronic acquires digital health startup Digital Diagnostics for $300 million Medtronic completed the acquisition of Digital Diagnostics, a company specializing in AI-powered connected diagnostic devices, to strengthen its remote patient monitoring and connected care offerings.
  • Q3 2024: Dexcom receives FDA clearance for G8 continuous glucose monitoring system Dexcom announced it has received FDA clearance for its G8 CGM system, which features enhanced connectivity and integration with digital health platforms for diabetes management.
  • Q3 2024: Apple partners with Mayo Clinic to pilot advanced health monitoring features in Apple Watch Apple and Mayo Clinic announced a partnership to pilot new connected health features in the Apple Watch, focusing on arrhythmia detection and remote patient engagement.
  • Q4 2024: Abbott opens new manufacturing facility for connected cardiac devices in Ireland Abbott inaugurated a new state-of-the-art facility in Ireland dedicated to the production of its latest generation of connected cardiac rhythm management devices.
  • Q4 2024: Siemens Healthineers wins $150 million contract to supply connected imaging systems to NHS Siemens Healthineers secured a major contract with the UK National Health Service to provide connected MRI and CT imaging systems, supporting remote diagnostics and data integration.
  • Q1 2025: BioIntelliSense raises $75 million Series C to expand wearable medical device platform BioIntelliSense, a developer of continuous health monitoring wearables, closed a $75 million Series C funding round to accelerate product development and global expansion.
  • Q1 2025: GE HealthCare acquires CardioLink to boost connected cardiac care solutions GE HealthCare announced the acquisition of CardioLink, a provider of cloud-connected cardiac monitoring devices, to enhance its digital health and remote monitoring capabilities.
  • Q2 2025: Masimo receives CE Mark for Radius VSM, a wearable vital signs monitor Masimo announced it has received CE Mark approval for its Radius VSM, a wearable device that continuously monitors multiple vital signs and integrates with hospital information systems.
  • Q2 2025: ResMed launches AirSense 12, a connected CPAP device for sleep apnea management ResMed introduced the AirSense 12, its latest connected CPAP device, featuring enhanced wireless connectivity and integration with patient management platforms.
  • Q3 2025: Boston Scientific announces partnership with Teladoc Health for remote cardiac monitoring Boston Scientific and Teladoc Health entered a strategic partnership to integrate Boston Scientific’s implantable cardiac devices with Teladoc’s virtual care platform for remote patient monitoring.
  • Q3 2025: AliveCor receives FDA clearance for KardiaMobile 4L, a four-lead personal ECG device AliveCor announced FDA clearance for its KardiaMobile 4L, the first four-lead personal ECG device with smartphone connectivity, enabling more comprehensive at-home cardiac monitoring.

Major Market Players of Connected Medical Devices Market 

The key players of the Connected Medical devices market:

  • Capsule Technologies, Inc. (US)
  • Cerner Corporation (US)
  • Infosys Limited (India)
  • iHealth Labs (US)
  • Medtronic plc (Ireland)
  • Lantronix Inc. (US).
  • GE Healthcare (US)
  • Koninklijke Philips N.V. (Netherlands)
  • Digi International Inc. (US)
  • Masimo Corporation (US)
  • Hill-Rom Technologies Inc. (US)
  • True Process (US)
  • Cisco Systems, Inc. (US)

Recent Developments

  • In March 2020, Masimo Corporation (US) banded together with Imprivata (US) to coordinate Imprivata's clinical gadget access innovation into Masimo's root patient checking and availability stage and Iris Gateway. 
  • In January 2020, Masimo Corporation (US) went into consent to obtain NantHealth's associated care business.

Covid-19 Analysis of Connected Medical Devices Market 

Coronavirus has decidedly affected the market of connected medical devices. This is because of the exceptional expansion in the number of patients, the tension on specialists to give progressed medical care administrations, and governments creating applications dependent on availability innovations. The pandemic has brought out new manners by which patients can cooperate with specialists. There is a rising pattern of telemedicine administrations as governments worldwide have encouraged residents to keep away from any development outside their homes.

As the complete centralization of medical clinics is on treating COVID-19 patients, individuals are finding better approaches to screen their wellbeing themselves and just methodology specialists if there should arise crises. In this way, the deals of smart wearables, particularly smart watches, have expanded over the most recent couple of months. 

Future Outlook

Connected Healthcare Devices Market Future Outlook

The Connected Medical Devices Market is projected to grow at a 9.38% CAGR from 2024 to 2035, driven by technological advancements, increasing healthcare demand, and enhanced patient monitoring.

New opportunities lie in:

  • Integration of AI-driven analytics for predictive health management.
  • Expansion of telehealth platforms with remote monitoring capabilities.
  • Development of secure, interoperable data exchange systems for improved patient care.

By 2035, the market is expected to be robust, driven by innovation and increased adoption.

Market Segmentation

Connected Medical Devices Market End Use Outlook

  • Hospitals
  • Home Care Settings
  • Ambulatory Surgical Centers
  • Diagnostic Centers

Connected Medical Devices Market Technology Outlook

  • Bluetooth Technology
  • Wi-Fi Technology
  • Cellular Technology
  • NFC Technology

Connected Medical Devices Market Application Outlook

  • Remote Patient Monitoring
  • Chronic Disease Management
  • Fitness and Wellness Monitoring
  • Telehealth Services

Connected Medical Devices Market Device Type Outlook

  • Wearable Devices
  • Implantable Devices
  • Home Monitoring Devices
  • Handheld Devices

Connected Medical Devices Market Connectivity Outlook

  • Cloud-Based Connectivity
  • Local Connectivity
  • Mobile Connectivity
  • Internet of Things Connectivity

Report Scope

MARKET SIZE 2024 59.2(USD Billion)
MARKET SIZE 2025 65.43(USD Billion)
MARKET SIZE 2035 159.38(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 9.38% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Medtronic (US), Philips (NL), Siemens Healthineers (DE), GE Healthcare (US), Johnson & Johnson (US), Abbott Laboratories (US), Boston Scientific (US), Baxter International (US), Roche (CH)
Segments Covered Application, Device Type, End Use, Technology, Connectivity
Key Market Opportunities Integration of artificial intelligence enhances patient monitoring in the Connected Medical Devices Market.
Key Market Dynamics Rising demand for remote patient monitoring drives innovation and competition in the Connected Medical Devices Market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Kinjoll Dey
Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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FAQs

Which region is predicted to have the highest share in the Connected Healthcare Devices Market?

Americas are predicted to have the highest share in the connected medical devices market.

What are the key factors driving the Connected Healthcare Devices Market?

Rising prevalence of chronic diseases, demand for reliable patient monitoring systems, and use of IT in healthcare are boosting market growth.

Which factors may limit the Connected Healthcare Devices Market growth?

High price and security concerns may limit market growth.

What are the different applications of connected medical devices?

It is widely used in fitness & wellness services, treatment services, consultation & diagnosis services, and remote monitoring.

Who are the key competitors in the Connected Healthcare Devices Market?

Key competitors in the medical devices market include Aerotel Medical Systems Ltd, iHealth Labs (subsidiary of Andon Health), Polar Electro, F. Hoffmann-La Roche, Dexcom, St. Jude Medical, Inc. (Abbott), AgaMatrix, Inc., Boston Scientific Corporation, Johnson & Johnson, Fitbit, Inc., McKesson Corporation, Philips Healthcare, OMRON Corporation, Medtronic Plc, and GE Healthcare, Inc.

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