Product Code: TIPRE00002975
The Connected Health Market size was valued at US$ 79.11 billion in 2024 and is expected to reach US$ 421.60 billion by 2031; it is estimated to record a CAGR of 27.2% from 2025 to 2031.
The connected health market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2024, followed by North America and Europe, respectively.
The region's diverse healthcare landscape, with urban centers and remote rural areas, creates a unique environment where connected health solutions can bridge gaps in care delivery. Digital health technologies such as telemedicine, remote patient monitoring, and mobile health applications enable healthcare providers to extend services beyond traditional clinical settings. In late 2023, Argentina's federal government officially endorsed a comprehensive digital health strategy establishing interoperable systems, electronic health records, e-prescriptions, remote consultations, and online appointment scheduling.
The rising prevalence of chronic diseases, such as diabetes and cardiovascular conditions, is pushing healthcare systems to adopt more efficient, patient-centered approaches. Connected health tools allow continuous monitoring and early intervention, crucial for managing long-term health conditions. The growing smartphone and internet penetration rate across the region facilitates the adoption of mobile health platforms and remote consultations. Improved telecommunications infrastructure, particularly in Brazil, Mexico, and Chile, supports the scalability of digital health solutions.
connected health market future trend: The connected healthcare market is undergoing a transformative evolution, largely driven by the rise of smart hospitals and the integration of edge computing technologies. Smart hospitals represent the next frontier in healthcare delivery, utilizing interconnected devices, IoT sensors, and advanced data analytics to enhance patient care, operational efficiency, and clinical outcomes. By embedding digital technologies into hospital infrastructure, smart hospitals enable real-time monitoring of patient vitals, predictive maintenance of medical equipment, and seamless communication between healthcare providers and patients. This shift not only improves the quality of care but also reduces hospital readmissions and operational costs.
Edge computing plays a pivotal role in powering these smart hospitals by processing data closer to the source - within the hospital premises or nearby network nodes - rather than relying solely on centralized cloud servers. This localized data processing minimizes latency, enhances data security, and ensures faster decision-making, critical in medical emergencies. For example, real-time analysis of medical imaging or continuous monitoring data can be processed at the edge, allowing clinicians to respond instantly without delays caused by network congestion or cloud processing times. Several real-world instances underscore this trend. The Cleveland Clinic has integrated edge computing within its smart hospital framework to enhance patient monitoring and streamline workflows. Similarly, Mayo Clinic's deployment of edge-enabled IoT devices facilitates continuous patient data analysis, which supports proactive care delivery and early detection of complications. These examples highlight how smart hospitals, supported by edge computing, are redefining healthcare by creating a more connected, responsive, and efficient ecosystem.
Koninklijke Philips, Apple Inc., OMRON Corp., International Business Machines Corp., Abbott Laboratories, Medtronic Plc, GE HealthCare Technologies Inc., Fitbit LLC, Boston Scientific Corp, and Samsung Electronics Co., Ltd are among the key players profiled during this market study. Several other essential market players were also studied and analyzed to get a holistic view of the global connected health market and its ecosystem.
The overall connected health market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the connected health market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the connected health market.
Table Of Contents
1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Analyst Market Outlook
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
- 3.3 Assumptions and Limitations
4. Connected Health Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
5. Connected Health Market - Key Market Dynamics
- 5.1 Connected Health Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Increasing Prevalence of Chronic Diseases
- 5.2.2 Rising Emphasis on Preventive Healthcare
- 5.2.3 Advancements in Medical Technology
- 5.3 Market Restraints
- 5.3.1 Concern Over Data Privacy And Security
- 5.3.2 Complex and Evolving Regulatory Landscape
- 5.3.3 Technological Barriers in Developing Regions
- 5.4 Market Opportunities
- 5.4.1 Expanding Telemedicine & Virtual Care
- 5.4.2 Expansion of Connected Health Through Remote Patient Monitoring
- 5.4.3 Cross-Industry Collaborations
- 5.5 Future Trends
- 5.5.1 AI and Predictive Analytics in Healthcare
- 5.5.2 AI and Predictive Analytics in Healthcare
- 5.5.3 Rise of Smart Hospitals and Edge Computing
- 5.6 Impact of Drivers and Restraints:
6. Connected Health Market - Global Market Analysis
- 6.1 Connected Health Market Revenue (US$ Million), 2021-2031
- 6.2 Connected Health Market Forecast Analysis
7. Connected Health Market Analysis - by Product Type
- 7.1 M-Health Devices
- 7.1.1 Overview
- 7.1.2 M-Health Devices: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 M-Health Services
- 7.2.1 Overview
- 7.2.2 M-Health Services: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
8. Connected Health Market Analysis - by Application
- 8.1 Monitoring Application
- 8.1.1 Overview
- 8.1.2 Monitoring Application: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Diagnostic and Treatment
- 8.2.1 Overview
- 8.2.2 Diagnostic and Treatment: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 8.3 Healthcare Management
- 8.3.1 Overview
- 8.3.2 Healthcare Management: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 8.4 Wellness and Prevention
- 8.4.1 Overview
- 8.4.2 Wellness and Prevention: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
9. Connected Health Market Analysis - by End User
- 9.1 Hospitals and Clinics
- 9.1.1 Overview
- 9.1.2 Hospitals and Clinics: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 9.2 Home Monitoring
- 9.2.1 Overview
- 9.2.2 Home Monitoring: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
- 9.3 Others
- 9.3.1 Overview
- 9.3.2 Others: Connected Health Market - Revenue and Forecast to 2031 (US$ Million)
10. Connected Health Market - Geographical Analysis
- 10.1 Overview
- 10.2 North America
- 10.2.1 North America Connected Health Market Overview
- 10.2.2 North America: Connected Health Market - Revenue, 2021-2031 (US$ Million)
- 10.2.3 North America: Connected Health Market Breakdown, by Product Type
- 10.2.3.1 North America: Connected Health Market - Revenue and Forecast Analysis - by Product Type
- 10.2.4 North America: Connected Health Market Breakdown, by Application
- 10.2.4.1 North America: Connected Health Market - Revenue and Forecast Analysis - by Application
- 10.2.5 North America: Connected Health Market Breakdown, by End User
- 10.2.5.1 North America: Connected Health Market - Revenue and Forecast Analysis - by End User
- 10.2.6 North America: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.2.6.1 North America: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.2.6.2 United States: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2.6.2.1 United States: Connected Health Market Breakdown, by Product Type
- 10.2.6.2.2 United States: Connected Health Market Breakdown, by Application
- 10.2.6.2.3 United States: Connected Health Market Breakdown, by End User
- 10.2.6.3 Canada: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2.6.3.1 Canada: Connected Health Market Breakdown, by Product Type
- 10.2.6.3.2 Canada: Connected Health Market Breakdown, by Application
- 10.2.6.3.3 Canada: Connected Health Market Breakdown, by End User
- 10.2.6.4 Mexico: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2.6.4.1 Mexico: Connected Health Market Breakdown, by Product Type
- 10.2.6.4.2 Mexico: Connected Health Market Breakdown, by Application
- 10.2.6.4.3 Mexico: Connected Health Market Breakdown, by End User
- 10.3 Europe
- 10.3.1 Europe Connected Health Market Overview
- 10.3.2 Europe: Connected Health Market - Revenue, 2021-2031 (US$ Million)
- 10.3.3 Europe: Connected Health Market Breakdown, by Product Type
- 10.3.3.1 Europe: Connected Health Market - Revenue and Forecast Analysis - by Product Type
- 10.3.4 Europe: Connected Health Market Breakdown, by Application
- 10.3.4.1 Europe: Connected Health Market - Revenue and Forecast Analysis - by Application
- 10.3.5 Europe: Connected Health Market Breakdown, by End User
- 10.3.5.1 Europe: Connected Health Market - Revenue and Forecast Analysis - by End User
- 10.3.6 Europe: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.3.6.1 Europe: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.3.6.2 Germany: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.2.1 Germany: Connected Health Market Breakdown, by Product Type
- 10.3.6.2.2 Germany: Connected Health Market Breakdown, by Application
- 10.3.6.2.3 Germany: Connected Health Market Breakdown, by End User
- 10.3.6.3 United Kingdom: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.3.1 United Kingdom: Connected Health Market Breakdown, by Product Type
- 10.3.6.3.2 United Kingdom: Connected Health Market Breakdown, by Application
- 10.3.6.3.3 United Kingdom: Connected Health Market Breakdown, by End User
- 10.3.6.4 France: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.4.1 France: Connected Health Market Breakdown, by Product Type
- 10.3.6.4.2 France: Connected Health Market Breakdown, by Application
- 10.3.6.4.3 France: Connected Health Market Breakdown, by End User
- 10.3.6.5 Italy: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.5.1 Italy: Connected Health Market Breakdown, by Product Type
- 10.3.6.5.2 Italy: Connected Health Market Breakdown, by Application
- 10.3.6.5.3 Italy: Connected Health Market Breakdown, by End User
- 10.3.6.6 Spain: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.6.1 Spain: Connected Health Market Breakdown, by Product Type
- 10.3.6.6.2 Spain: Connected Health Market Breakdown, by Application
- 10.3.6.6.3 Spain: Connected Health Market Breakdown, by End User
- 10.3.6.7 Rest of Europe: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3.6.7.1 Rest of Europe: Connected Health Market Breakdown, by Product Type
- 10.3.6.7.2 Rest of Europe: Connected Health Market Breakdown, by Application
- 10.3.6.7.3 Rest of Europe: Connected Health Market Breakdown, by End User
- 10.4 Asia Pacific
- 10.4.1 Asia Pacific Connected Health Market Overview
- 10.4.2 Asia Pacific: Connected Health Market - Revenue, 2021-2031 (US$ Million)
- 10.4.3 Asia Pacific: Connected Health Market Breakdown, by Product Type
- 10.4.3.1 Asia Pacific: Connected Health Market - Revenue and Forecast Analysis - by Product Type
- 10.4.4 Asia Pacific: Connected Health Market Breakdown, by Application
- 10.4.4.1 Asia Pacific: Connected Health Market - Revenue and Forecast Analysis - by Application
- 10.4.5 Asia Pacific: Connected Health Market Breakdown, by End User
- 10.4.5.1 Asia Pacific: Connected Health Market - Revenue and Forecast Analysis - by End User
- 10.4.6 Asia Pacific: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.4.6.1 Asia Pacific: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.4.6.2 China: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.2.1 China: Connected Health Market Breakdown, by Product Type
- 10.4.6.2.2 China: Connected Health Market Breakdown, by Application
- 10.4.6.2.3 China: Connected Health Market Breakdown, by End User
- 10.4.6.3 Japan: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.3.1 Japan: Connected Health Market Breakdown, by Product Type
- 10.4.6.3.2 Japan: Connected Health Market Breakdown, by Application
- 10.4.6.3.3 Japan: Connected Health Market Breakdown, by End User
- 10.4.6.4 India: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.4.1 India: Connected Health Market Breakdown, by Product Type
- 10.4.6.4.2 India: Connected Health Market Breakdown, by Application
- 10.4.6.4.3 India: Connected Health Market Breakdown, by End User
- 10.4.6.5 Australia: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.5.1 Australia: Connected Health Market Breakdown, by Product Type
- 10.4.6.5.2 Australia: Connected Health Market Breakdown, by Application
- 10.4.6.5.3 Australia: Connected Health Market Breakdown, by End User
- 10.4.6.6 South Korea: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.6.1 South Korea: Connected Health Market Breakdown, by Product Type
- 10.4.6.6.2 South Korea: Connected Health Market Breakdown, by Application
- 10.4.6.6.3 South Korea: Connected Health Market Breakdown, by End User
- 10.4.6.7 Rest of APAC: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4.6.7.1 Rest of APAC: Connected Health Market Breakdown, by Product Type
- 10.4.6.7.2 Rest of APAC: Connected Health Market Breakdown, by Application
- 10.4.6.7.3 Rest of APAC: Connected Health Market Breakdown, by End User
- 10.5 Middle East and Africa
- 10.5.1 Middle East and Africa Connected Health Market Overview
- 10.5.2 Middle East and Africa: Connected Health Market - Revenue, 2021-2031 (US$ Million)
- 10.5.3 Middle East and Africa: Connected Health Market Breakdown, by Product Type
- 10.5.3.1 Middle East and Africa: Connected Health Market - Revenue and Forecast Analysis - by Product Type
- 10.5.4 Middle East and Africa: Connected Health Market Breakdown, by Application
- 10.5.4.1 Middle East and Africa: Connected Health Market - Revenue and Forecast Analysis - by Application
- 10.5.5 Middle East and Africa: Connected Health Market Breakdown, by End User
- 10.5.5.1 Middle East and Africa: Connected Health Market - Revenue and Forecast Analysis - by End User
- 10.5.6 Middle East and Africa: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.5.6.1 Middle East and Africa: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.5.6.2 Saudi Arabia: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.2.1 Saudi Arabia: Connected Health Market Breakdown, by Product Type
- 10.5.6.2.2 Saudi Arabia: Connected Health Market Breakdown, by Application
- 10.5.6.2.3 Saudi Arabia: Connected Health Market Breakdown, by End User
- 10.5.6.3 South Africa: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.3.1 South Africa: Connected Health Market Breakdown, by Product Type
- 10.5.6.3.2 South Africa: Connected Health Market Breakdown, by Application
- 10.5.6.3.3 South Africa: Connected Health Market Breakdown, by End User
- 10.5.6.4 United Arab Emirates: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.4.1 United Arab Emirates: Connected Health Market Breakdown, by Product Type
- 10.5.6.4.2 United Arab Emirates: Connected Health Market Breakdown, by Application
- 10.5.6.4.3 United Arab Emirates: Connected Health Market Breakdown, by End User
- 10.5.6.5 Rest of Middle East and Africa: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5.6.5.1 Rest of Middle East and Africa: Connected Health Market Breakdown, by Product Type
- 10.5.6.5.2 Rest of Middle East and Africa: Connected Health Market Breakdown, by Application
- 10.5.6.5.3 Rest of Middle East and Africa: Connected Health Market Breakdown, by End User
- 10.6 South and Central America
- 10.6.1 South and Central America Connected Health Market Overview
- 10.6.2 South and Central America: Connected Health Market - Revenue, 2021-2031 (US$ Million)
- 10.6.3 South and Central America: Connected Health Market Breakdown, by Product Type
- 10.6.3.1 South and Central America: Connected Health Market - Revenue and Forecast Analysis - by Product Type
- 10.6.4 South and Central America: Connected Health Market Breakdown, by Application
- 10.6.4.1 South and Central America: Connected Health Market - Revenue and Forecast Analysis - by Application
- 10.6.5 South and Central America: Connected Health Market Breakdown, by End User
- 10.6.5.1 South and Central America: Connected Health Market - Revenue and Forecast Analysis - by End User
- 10.6.6 South and Central America: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.6.6.1 South and Central America: Connected Health Market - Revenue and Forecast Analysis - by Country
- 10.6.6.2 Brazil: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6.6.2.1 Brazil: Connected Health Market Breakdown, by Product Type
- 10.6.6.2.2 Brazil: Connected Health Market Breakdown, by Application
- 10.6.6.2.3 Brazil: Connected Health Market Breakdown, by End User
- 10.6.6.3 Argentina: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6.6.3.1 Argentina: Connected Health Market Breakdown, by Product Type
- 10.6.6.3.2 Argentina: Connected Health Market Breakdown, by Application
- 10.6.6.3.3 Argentina: Connected Health Market Breakdown, by End User
- 10.6.6.4 Rest of South and Central America: Connected Health Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6.6.4.1 Rest of South and Central America: Connected Health Market Breakdown, by Product Type
- 10.6.6.4.2 Rest of South and Central America: Connected Health Market Breakdown, by Application
- 10.6.6.4.3 Rest of South and Central America: Connected Health Market Breakdown, by End User
11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.2 Company Market Share Analysis, 2024
12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Product Development
- 12.4 Mergers & Acquisitions
13. Company Profiles
14. Appendix
- 14.1 Word Index
- 14.2 About The Insight Partners