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Global Connected Health Device Market Outlook to 2023: A $36.1 Billion Opportunity - ResearchAndMarkets.com

July 10, 2018

DUBLIN--(BUSINESS WIRE)--Jul 10, 2018--The “Global Connected Health Device Market Report: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.

The future of the global connected health device market looks promising with opportunities in the home monitoring and hospital/clinic segments.

The global connected health device market is expected to reach an estimated $36.1 billion by 2023 and is forecast to grow at a CAGR of 21.1% from 2018 to 2023.

The major drivers for growth of connected health device market are increasing adoption of IT in healthcare, increasing healthcare costs, need of easy and reliable patient monitoring systems for chronic diseases, and the growing awareness for health and fitness.

Emerging trends, which have a direct impact on the dynamics of the connected health device industry, include adoption of cloud technology for interconnected healthcare devices, and the adoption of telemedicine.

The study includes the connected health device market size and forecast for the global connected health device market through 2023, segmented by type, product type, end use and region.

The wellness device segment is expected to show above average growth during the forecast period.

By end use, the global connected health device market is segmented into hospital/clinic and home monitoring. The hospitals/clinic segment is expected to remain the largest segment over the forecast period from 2018 to 2023.

APAC is expected to be the largest market and witness the highest growth rate during the forecast period due to a rapidly growing aging population with chronic diseases, rising disposable income, and increased adoption of smart phones.

Key Topics Covered

1. Executive Summary

2. Market Background and Classifications

3. Market Trends and Forecast Analysis from 2012-2023

4. Market Trends and Forecast Analysis by Region

5. Competitor Analysis

6. Cost Structure Analysis

7. Growth Opportunities and Strategic Analysis

8. Company Profiles of Leading Players

Aerotel Medical Systems Apple Inc. Boston Scientific Corporation Drager Medical System Fitbit GE Healthcare iHealth Mckesson Corporation Medtronic Omron Phillips Healthcare Company

For more information about this report visit https://www.researchandmarkets.com/research/39z8wx/global_connected?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005961/en/

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Related Topics:Medical Devices,E-Healthcare

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/10/2018 02:48 PM/DISC: 07/10/2018 02:48 PM

http://www.businesswire.com/news/home/20180710005961/en

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