Market Overview:
The global connected healthcare systems market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for remote patient monitoring and telemedicine services, rising geriatric population, and growing awareness about connected healthcare systems. Based on type, the global connected healthcare systems market is segmented into telemedicine, home monitoring, assisted living, and clinical monitoring. The telemedicine segment is expected to grow at a CAGR of 17% from 2018 to 2030 due to the increasing demand for remote patient monitoring services across the globe. Based on application, the global connected healthcare systems market is divided into diagnosis and treatment, monitoring applications,, education and awareness,, wellness and prevention,, health care management,,and others segments.
Product Definition:
A Connected Healthcare System is a system in which different parts of the healthcare system are connected together, allowing for the sharing of information and coordinated care. The importance of Connected Healthcare Systems is that they allow for the sharing of information between different parts of the healthcare system, which can lead to better care for patients.
Telemedicine:
Telemedicine is the extension of traditional methods of medical care using information technology and telecommunications. It uses electronic mediums for communication such as video conferencing, e-mail, instant messaging, and webinars. Telemedicine also covers various techniques involving remote consultation with healthcare specialists or physicians.
Home Monitoring:
Home monitoring devices are used to monitor patient's vital signs such as temperature, blood pressure, and heart rate at home. These devices help in reducing hospital visits by patients suffering from chronic diseases. Home monitoring systems have been gaining popularity due to the increasing prevalence of lifestyle-related diseases such as diabetes and high blood pressure along with rising geriatric population base that is more prone to these disorders.
Application Insights:
The diagnosis and treatment segment dominated the global connected healthcare systems market in 2017. This can be attributed to an increase in demand for effective and efficient medical services, especially during emergencies. Furthermore, a rise in prevalence of chronic diseases such as cancer, diabetes mellitus, cardiovascular diseases (CVDs) and autoimmune disorders is expected to drive the segment growth over the forecast period.
On the other hand, home monitoring applications are expected to witness significant growth over the forecast period owing to increasing awareness about preventive healthcare measures among individuals globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of key companies such as Allscripts Healthcare Solutions, Inc.; Atos Health; Carestream Health; and GE Healthcare. Moreover, increasing investments by these companies for developing healthcare IT solutions are expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising demand for connected devices and electronic medical records (EMR). In addition, growing awareness about internet services has led many people in this region use internet services for seeking health-related information or diagnosis & treatment options from doctors remotely located at another city or country. This trend is also expected propel regional market development over next eight years.
Growth Factors:
- Increasing demand for connected healthcare systems from the geriatric population due to increase in life expectancy and prevalence of chronic diseases.
- Rising demand for connected healthcare systems from developing countries due to increasing awareness about the benefits of these systems and rising disposable income levels.
- Proliferation of mHealth apps and wearable devices that facilitate data collection and transmission for connected healthcare systems.
- Development of innovative technologies such as big data, cloud computing, and Internet of Things (IoT) that are facilitating the implementation of connected healthcare systems across different sectors.
- Growing focus on preventive care by governments worldwide as a means to reduce health care costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Healthcare Systems Market Research Report
By Type
Telemedicine, Home Monitoring, Assisted Living, Clinical Monitoring
By Application
Diagnosis and Treatment, Monitoring Applications, Education and Awareness, Wellness and Prevention, Healthcare Management, Others
By Companies
Accenture, IBM, SAP, GE Healthcare, Oracle, Microsoft, Airstrip Technology, Medtronic, Allscripts, Boston Scientific, Athenahealth, Cerner, Philips, Agamatrix, Qualcomm, AliveCor
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Connected Healthcare Systems Market Report Segments:
The global Connected Healthcare Systems market is segmented on the basis of:
Types
Telemedicine, Home Monitoring, Assisted Living, Clinical Monitoring
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
Diagnosis and Treatment, Monitoring Applications, Education and Awareness, Wellness and Prevention, Healthcare Management, 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:
- Accenture
- IBM
- SAP
- GE Healthcare
- Oracle
- Microsoft
- Airstrip Technology
- Medtronic
- Allscripts
- Boston Scientific
- Athenahealth
- Cerner
- Philips
- Agamatrix
- Qualcomm
- AliveCor
Highlights of The Connected Healthcare Systems 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:
- Telemedicine
- Home Monitoring
- Assisted Living
- Clinical Monitoring
- By Application:
- Diagnosis and Treatment
- Monitoring Applications
- Education and Awareness
- Wellness and Prevention
- Healthcare Management
- 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 Healthcare Systems 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 Healthcare Systems (CHS) is a term used to describe the use of technology to improve the coordination and delivery of healthcare services. CHS can encompass a variety of technologies, including electronic health records (EHRs), patient portals, and telehealth systems. By improving communication between healthcare providers and patients, CHS can help reduce wait times for appointments, improve patient satisfaction ratings, and save money on medical costs.
Some of the major players in the connected healthcare systems market are Accenture, IBM, SAP, GE Healthcare, Oracle, Microsoft, Airstrip Technology, Medtronic, Allscripts, Boston Scientific, Athenahealth, Cerner, Philips, Agamatrix, Qualcomm, AliveCor.
The connected healthcare systems market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Healthcare Systems 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 Healthcare Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Connected Healthcare Systems 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 Healthcare Systems 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 Healthcare Systems Market Size & Forecast, 2018-2028 4.5.1 Connected Healthcare Systems Market Size and Y-o-Y Growth 4.5.2 Connected Healthcare Systems Market Absolute $ Opportunity
Chapter 5 Global Connected Healthcare Systems 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 Connected Healthcare Systems Market Size Forecast by Type
5.2.1 Telemedicine
5.2.2 Home Monitoring
5.2.3 Assisted Living
5.2.4 Clinical Monitoring
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Connected Healthcare Systems 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 Connected Healthcare Systems Market Size Forecast by Applications
6.2.1 Diagnosis and Treatment
6.2.2 Monitoring Applications
6.2.3 Education and Awareness
6.2.4 Wellness and Prevention
6.2.5 Healthcare Management
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Healthcare Systems 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 Healthcare Systems 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 Connected Healthcare Systems Analysis and Forecast
9.1 Introduction
9.2 North America Connected Healthcare Systems 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 Connected Healthcare Systems Market Size Forecast by Type
9.6.1 Telemedicine
9.6.2 Home Monitoring
9.6.3 Assisted Living
9.6.4 Clinical Monitoring
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 Connected Healthcare Systems Market Size Forecast by Applications
9.10.1 Diagnosis and Treatment
9.10.2 Monitoring Applications
9.10.3 Education and Awareness
9.10.4 Wellness and Prevention
9.10.5 Healthcare Management
9.10.6 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 Connected Healthcare Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Connected Healthcare Systems 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 Connected Healthcare Systems Market Size Forecast by Type
10.6.1 Telemedicine
10.6.2 Home Monitoring
10.6.3 Assisted Living
10.6.4 Clinical Monitoring
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 Connected Healthcare Systems Market Size Forecast by Applications
10.10.1 Diagnosis and Treatment
10.10.2 Monitoring Applications
10.10.3 Education and Awareness
10.10.4 Wellness and Prevention
10.10.5 Healthcare Management
10.10.6 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 Connected Healthcare Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Connected Healthcare Systems 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 Connected Healthcare Systems Market Size Forecast by Type
11.6.1 Telemedicine
11.6.2 Home Monitoring
11.6.3 Assisted Living
11.6.4 Clinical Monitoring
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 Connected Healthcare Systems Market Size Forecast by Applications
11.10.1 Diagnosis and Treatment
11.10.2 Monitoring Applications
11.10.3 Education and Awareness
11.10.4 Wellness and Prevention
11.10.5 Healthcare Management
11.10.6 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 Connected Healthcare Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Connected Healthcare Systems 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 Connected Healthcare Systems Market Size Forecast by Type
12.6.1 Telemedicine
12.6.2 Home Monitoring
12.6.3 Assisted Living
12.6.4 Clinical Monitoring
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 Connected Healthcare Systems Market Size Forecast by Applications
12.10.1 Diagnosis and Treatment
12.10.2 Monitoring Applications
12.10.3 Education and Awareness
12.10.4 Wellness and Prevention
12.10.5 Healthcare Management
12.10.6 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) Connected Healthcare Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Connected Healthcare Systems 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) Connected Healthcare Systems Market Size Forecast by Type
13.6.1 Telemedicine
13.6.2 Home Monitoring
13.6.3 Assisted Living
13.6.4 Clinical Monitoring
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) Connected Healthcare Systems Market Size Forecast by Applications
13.10.1 Diagnosis and Treatment
13.10.2 Monitoring Applications
13.10.3 Education and Awareness
13.10.4 Wellness and Prevention
13.10.5 Healthcare Management
13.10.6 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 Healthcare Systems Market: Competitive Dashboard
14.2 Global Connected Healthcare Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accenture
14.3.2 IBM
14.3.3 SAP
14.3.4 GE Healthcare
14.3.5 Oracle
14.3.6 Microsoft
14.3.7 Airstrip Technology
14.3.8 Medtronic
14.3.9 Allscripts
14.3.10 Boston Scientific
14.3.11 Athenahealth
14.3.12 Cerner
14.3.13 Philips
14.3.14 Agamatrix
14.3.15 Qualcomm
14.3.16 AliveCor