Connected Healthcare Market
Connected healthcare is socio-technical care delivery and remote health management model that is rapidly gaining attraction across the world. Connected healthcare aims to optimize resources and offer enhanced and more flexible opportunities for patients’ self-care in a more personalized and better way. Better connectivity within the healthcare sector has influenced new technologies, improve clinical outcomes, and drive patient satisfaction. The services mostly deal with chronic and infectious diseases, help doctors make better patient care-centric decisions, and reduce prescription errors.
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The global market is projected to grow significantly in terms of value and volume over the forecast period. The fundamental parameters driving the market growth are the increasing use of smartphones and wearable devices, increasing development of cost-effective healthcare solutions, increasing use of internet-enabled services and devices, and the rising government expenditure on healthcare. Moreover, the growing geriatric population and the surging adoption of AI-based healthcare devices are the other significant drivers for market growth in the forthcoming years.
The leading market players include: Microsoft, Apple Inc., Boston Scientific Corporation, Cerner, GE Healthcare, Koninklijke Philips NV, Agamatrix, Inc., Athenahealth Inc., AirStrip Technologies, AliveCor Inc., Qualcomm, Medtronics, Honeywell Life Care Solutions, Allscripts, Persistent Systems, Sanofi, and Vivify Health, Inc.
North America is expected to be the leading region in the global market during the forecast period, owing to the continually developing healthcare infrastructure and well-developed internet infrastructure in the region. Europe is expected to accumulate a significant revenue share in the global market within the forecast years, owing to a growth of the favourable market growth factors. The Asia Pacific regional market is projected to witness high growth due to rising government expenditure on the healthcare sector, high internet penetration, and the region’s flourishing consumer electronics sector.
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KEY QUESTIONS ANSWERED:
What are the key technological and Connected Healthcare Market trends shaping the market?
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What are the key companies operating in the market?
Which company accounted for the highest market share?
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What is the market size and growth rate of the global and regional market by various segments?
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What Factors are estimated to drive and restrain the Connected Healthcare Market growth?
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