Market Overview:
The global connected health M2M market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for remote monitoring and diagnostic devices, rising prevalence of chronic diseases, and growing number of mHealth applications. The global connected health M2M market is segmented on the basis of type into monitoring devices, diagnostic and treatment devices, and others. The monitoring devices segment is further sub-segmented into vital sign monitors, blood pressure monitors, glucose meters/test strips, cardiac monitors/ECG machines, sleep apnea detectors/thermometers; while the diagnostic and treatment devices segment is further sub-segmented into X-ray machines & scanners ultrasound machines MRI scanners CT scan machines infusion pumps nebulizers dialysis equipment other therapeutic equipment). The hospitals segment accounted for the largest share of the global connected health M2M market in 2017 owing to rising demand for remote patient monitoring services in hospitals. However; individual customers are expected to witness highest growth during the forecast period due to increasing adoption of mHealth applications by consumers across all age groups.
Product Definition:
M2M stands for machine-to-machine, and refers to the communication between devices. In the context of connected health, M2M can be used for a variety of purposes, such as collecting data from patients or medical equipment in order to monitor their health or treatment. M2M can also be used to send alerts when something goes wrong with a patient's health so that action can be taken quickly.
Monitoring Devices:
The global monitoring devices, it's usage and growth factor in the connected health M2M market is expected to grow at a CAGR of XX% over the forecast period. Demand for monitoring devices is increasing owing to rising awareness about fitness and overall well-being. Moreover, these devices are easy to use and provide instant results which further propels its demand among consumers.
Diagnostic and Treatment Devices:
The global diagnostic and treatment devices market size was valued at USD 61.6 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The rising geriatric population base, increasing prevalence of chronic diseases such as diabetes, cardiovascular disorders, cancer & other autoimmune diseases coupled with growing demand for remote patient monitoring devices are some high impact rendering drivers for the growth of this industry during the forecast period 2015 -2022.
Application Insights:
The others segment includes home healthcare, remote patient monitoring and M2M in the pharmaceutical industry. The hospital segment dominated the global connected health market in 2017 due to increasing demand for technologically advanced medical equipment and devices. Furthermore, hospitals are focusing on adopting innovative technologies that help improve services while reducing costs.
The individual customer segment is expected to witness lucrative growth over the forecast period owing to rising demand for cost-effective healthcare services along with a growing preference towards self-monitoring and -maintaining devices such as blood glucose monitors & testers, weight scales &imetersand pulse oximeters among others. These products allow patients to maintain good health by tracking their own data such as vital signs, body temperature etc., which helps doctors make accurate diagnoses quickly at minimal cost.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by governments and other organizations for improving healthcare outcomes at lower costs through better information systems, which ultimately leads to improved patient care and satisfaction as well as enhanced economic efficiency of healthcare providers.
Asia Pacific region accounted for a relatively higher share in terms of revenue generation owing to factors such as rapidly improving healthcare infrastructure and growing population with high unmet medical needs resulting into increased disease prevalence levels that necessitate continuous monitoring & management throughout their lifetime. Furthermore, government initiatives encouraging M2M deployment across various verticals including public safety are also expected fuel regional growth over the next eight years (2030).
Growth Factors:
- Increasing demand for remote health monitoring and telemedicine services from aging population and patients with chronic diseases.
- Proliferation of connected devices and sensors that can collect data for health monitoring purposes.
- Advances in wireless communication technologies and big data analytics that facilitate real-time transmission of health data between patients, caregivers, and healthcare providers.
- Growing interest among healthcare providers in using mHealth apps and wearable devices to improve patient engagement and clinical outcomes.
- Government initiatives to promote adoption of connected health technologies among consumers and healthcare providers
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Health M2M Market Research Report
By Type
Monitoring Devices, Diagnostic and Treatment Devices
By Application
Hospitals, Individual Customers, Others
By Companies
Apple Inc., GE Healthcare Ltd., Cisco Networks, Athenahealth Inc., Epocrates Inc., IBM Corp., Philips Healthcare, Siemens Healthcare, HP Enterprise Services LLC, ObTech Medical Corp., Zebra Technologies Corp, Infor Global Solutions Inc., Massive Health Inc., NeuroVigil Inc., Ingenious Med Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Connected Health M2M Market Report Segments:
The global Connected Health M2M market is segmented on the basis of:
Types
Monitoring Devices, Diagnostic and Treatment Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Individual Customers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple Inc.
- GE Healthcare Ltd.
- Cisco Networks
- Athenahealth Inc.
- Epocrates Inc.
- IBM Corp.
- Philips Healthcare
- Siemens Healthcare
- HP Enterprise Services LLC
- ObTech Medical Corp.
- Zebra Technologies Corp
- Infor Global Solutions Inc.
- Massive Health Inc.
- NeuroVigil Inc.
- Ingenious Med Inc.
Highlights of The Connected Health M2M Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monitoring Devices
- Diagnostic and Treatment Devices
- By Application:
- Hospitals
- Individual Customers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Connected Health M2M Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Connected Health M2M is a term used to describe the use of mobile devices and sensors to monitor and manage health conditions. This can include tracking vital signs, monitoring medication compliance, or managing chronic diseases.
Some of the key players operating in the connected health m2m market are Apple Inc., GE Healthcare Ltd., Cisco Networks, Athenahealth Inc., Epocrates Inc., IBM Corp., Philips Healthcare, Siemens Healthcare, HP Enterprise Services LLC, ObTech Medical Corp., Zebra Technologies Corp, Infor Global Solutions Inc., Massive Health Inc., NeuroVigil Inc., Ingenious Med Inc..
The connected health m2m market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Health M2M Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Connected Health M2M Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Connected Health M2M Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Connected Health M2M Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Connected Health M2M Market Size & Forecast, 2020-2028
4.5.1 Connected Health M2M Market Size and Y-o-Y Growth
4.5.2 Connected Health M2M Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Monitoring Devices
5.2.2 Diagnostic and Treatment Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Individual Customers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Health M2M Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Connected Health M2M Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Monitoring Devices
9.6.2 Diagnostic and Treatment Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Individual Customers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Monitoring Devices
10.6.2 Diagnostic and Treatment Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Individual Customers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Monitoring Devices
11.6.2 Diagnostic and Treatment Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Individual Customers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Monitoring Devices
12.6.2 Diagnostic and Treatment Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Individual Customers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Monitoring Devices
13.6.2 Diagnostic and Treatment Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Individual Customers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Connected Health M2M Market: Competitive Dashboard
14.2 Global Connected Health M2M Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple Inc.
14.3.2 GE Healthcare Ltd.
14.3.3 Cisco Networks
14.3.4 Athenahealth Inc.
14.3.5 Epocrates Inc.
14.3.6 IBM Corp.
14.3.7 Philips Healthcare
14.3.8 Siemens Healthcare
14.3.9 HP Enterprise Services LLC
14.3.10 ObTech Medical Corp.
14.3.11 Zebra Technologies Corp
14.3.12 Infor Global Solutions Inc.
14.3.13 Massive Health Inc.
14.3.14 NeuroVigil Inc.
14.3.15 Ingenious Med Inc.
