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As per The Business Research Company’s report on Connected Healthcare Global Market 2023, the size of the global connected healthcare market increased from $100.03 billion in 2022 to $127.53 billion in 2023, exhibiting a compound annual growth rate (CAGR) of 27.5%. The projected growth anticipates the market size to expand to $345.49 billion by 2027, sustaining a CAGR of 28.3%.

What played a pivotal role in driving the connected healthcare market?
The growing integration of information technology (IT) into healthcare significantly contributes to the expansion of the connected healthcare market. Utilizing the internet and wireless technology, connected healthcare gathers patients’ data and facilitates their interaction with caregivers, enabling remote healthcare monitoring through automated systems. The smooth operation and management of vast medical data within connected healthcare necessitates healthcare IT integration software, integrating with healthcare devices and applications. This integration enhances remote healthcare management. For instance, a report by US-based medical workflow company Mobius MD in 2021 highlighted that approximately 3.87 million people in the United States used health or fitness apps in 2020. According to US-based customer engagement platform MoEngage, global downloads of health and fitness apps in Q1 and Q2 of 2020 surged by 46%, with India witnessing a remarkable 156% increase. This integration of IT into healthcare is expected to drive the growth of the connected healthcare market over the forecast period.

View More On The Connected Healthcare Market Report 2023 – https://www.thebusinessresearchcompany.com/report/connected-healthcare-global-market-report

Which region led in the connected healthcare market?
In 2022, North America took the lead in the connected healthcare market. The connected healthcare market report encompasses regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Who are the significant players in the connected healthcare market?
Prominent players in the connected healthcare market include Allscripts Healthcare, LLC, Cerner Corporation, Koninklijke Philips N.V., IBM Corporation, AirStrip, AgaMatrix, AliveCor, Inc., Apple Inc., Athenahealth Inc., Boston Scientific Corporation, GE Healthcare, Medtronic, Microsoft Corporation, Qualcomm, SAP, Oracle, Accenture, Honeywell Life Care Solutions, Persistent Systems, Sanofi, and Vivify Health, Inc. The covered countries in the connected healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

Key connected healthcare market segments
1) By Type: e-Prescription, mHealth Services, mHealth Devices
2) By Function: Remote Patient Monitoring, Clinical Monitoring, Telemedicine, Other Functions
3) By Application: Monitoring Applications, Diagnosis And Treatment, Education And Awareness, Healthcare Management, Wellness And Prevention
4) By End Users: Hospitals And Clinics, Home Monitoring

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The Connected Healthcare Global Market Report 2023 offers a comprehensive overview of the market size, trends, drivers, opportunities, strategies, and companies analysis. This report empowers businesses to effectively analyze data and formulate well-informed strategies.

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