For business leaders, corporate strategists, and growth-focused teams – this report delivers deep market intelligence, forecasts, segmentation, and competitor insights to guide your decisions through 2034._x000D_
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What are the growth projections for the connected healthcare market from 2024 to 2029?_x000D_
The connected healthcare market size has grown exponentially in recent years. It will grow from $155.31 billion in 2024 to $195.91 billion in 2025 at a compound annual growth rate (CAGR) of 26.1%. The growth in the historic period can be attributed to aging population and chronic diseases, digital health adoption, healthcare costs and efficiency, remote patient monitoring, and pandemic-induced demand._x000D_
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The connected healthcare market size is expected to see exponential growth in the next few years. It will grow to $555.58 billion in 2029 at a compound annual growth rate (CAGR) of 29.8%. The growth in the forecast period can be attributed to increasing adoption of personalized medicine, health data interoperability, value-based care models, increasing mental health and well-being focus, healthcare access and equity, growing cybersecurity and data protection, growing demand for population health management. Major trends in the forecast period include expansion of iot devices and sensors, artificial intelligence in healthcare, wearable health technology, technological advancements, and product innovations._x000D_
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What strategic initiatives by market players are driving connected healthcare industry growth?_x000D_
The growing integration of IT in healthcare is significantly contributing to the growth of the connected healthcare market. Connected healthcare uses the internet and other wireless technology to gather patients’ data and help patients connect with their caregivers, which promotes healthcare monitoring remotely using automated systems. Connected healthcare requires healthcare IT integration software and its integration into healthcare devices and applications for smooth function and maintaining of vast medical data, which enhances remote healthcare management. For instance, in November 2022, According to a survey by the Healthcare Information and Management Systems Society (HIMSS), 61% of healthcare executives reported deploying automation technologies, highlighting a marked increase from previous years. This surge is part of a broader push to enhance operational efficiency and reduce costs in healthcare settings Therefore, the growing integration of IT in healthcare is expected to propel the growth of the connected healthcare market over the forecast period._x000D_
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What emerging segments are shaping the future landscape of the connected healthcare industry?_x000D_
The connected healthcare market covered in this report is segmented –_x000D_
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1) By Type: e-Prescription, mHealth Services, mHealth Devices_x000D_
2) By Function: Remote Patient Monitoring, Clinical Monitoring, Telemedicine, Other Functions_x000D_
3) By Application: Monitoring Applications, Diagnosis And Treatment, Education And Awareness, Healthcare Management, Wellness And Prevention_x000D_
4) By End Users: Hospitals And Clinics, Home Monitoring_x000D_
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Subsegments:_x000D_
1) By e-Prescription: Electronic Prescription Management Systems, E-Pharmacy Integration, Prescription Refill and Renewal Systems_x000D_
2) By mHealth Services: Remote Patient Monitoring Services, Telemedicine and Virtual Consultation Services, Health and Wellness Coaching Services_x000D_
3) By mHealth Devices: Wearable Fitness Trackers, Mobile Health Monitors, Smart Medication Management Devices_x000D_
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Which sustainability trends are emerging in the connected healthcare market?_x000D_
Major companies operating in the connected healthcare market are focusing on the development of technologically advanced products such as ZAIDYN Connected Health solution to enhance remote patient monitoring and improve healthcare outcomes. ZAIDYN Connected Health assists pharmaceutical firms, healthcare providers, and payers in innovating in order to better recognize unmet needs, engage patients, and enhance health outcomes. For instance, in October 2023, ZS Associates Group, Inc., a US-based management consulting and technology firm, launched the AI-powered ZAIDYN Connected Health solution as part of the ZAIDYN by ZS platform. It provides three product suites that help bridge gaps in healthcare and build a patient-centric future: health insights, patient engagement, and connected research._x000D_
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How are key players in the connected healthcare market strengthening their market position?_x000D_
Major companies operating in the connected healthcare market include Allscripts Healthcare Solutions Inc., Cerner Corporation, Koninklijke Philips N.V., International Business Machines Corporation, AirStrip Technologies LP, AgaMatrix Holdings LLC, AliveCor Inc., Apple Inc., Athenahealth Inc., Boston Scientific Corporation, GE Healthcare, Medtronic plc, Microsoft Corporation, Qualcomm Incorporated, Systems Applications and Products in Data Processing (SAP), Oracle Corporation, Accenture plc, Honeywell Life Care Solutions, Persistent Systems Limited, Sanofi S.A., Vivify Health Inc., Entia Ltd., GlaxoSmithKline plc, NeuroFlow Inc., Butterfly Network Inc., OneRail, Evidation Health Inc., DarioHealth Corp., Pixium Vision SA, Stanley Healthcare Solutions_x000D_
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Which geographic areas are contributing significantly to the growth of the connected healthcare sector?_x000D_
North America was the largest region in the connected healthcare market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connected healthcare market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa._x000D_
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How Can Companies Use The Connected Healthcare Market Report to Drive Business Results?_x000D_
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:_x000D_
• Time market entry or expansion using growth forecasts and CAGR trends._x000D_
• Develop competitive products by tracking key technology shifts and user preferences._x000D_
• Tailor regional strategies with in-depth geographic data and local market dynamics._x000D_
• Benchmark and plan partnerships using competitive landscape insights._x000D_
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