Dublin, July 13, 2018 (GLOBE NEWSWIRE) -- 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 $36.1 billion by 2023 and is forecast to grow at a CAGR of 21.1% from 2018 to 2023.
The major drivers for growth of connected health device market are increasing adoption of IT in healthcare, increasing healthcare costs, need of easy and reliable patient monitoring systems for chronic diseases, and the growing awareness for health and fitness.
Emerging trends, which have a direct impact on the dynamics of the connected health device industry, include adoption of cloud technology for interconnected healthcare devices, and the adoption of telemedicine.
The study includes the connected health device market size and forecast for the global connected health device market through 2023, segmented by type, product type, end use and region.
The wellness device segment is expected to show above average growth during the forecast period.
By end use, the global connected health device market is segmented into hospital/clinic and home monitoring. The hospitals/clinic segment is expected to remain the largest segment over the forecast period from 2018 to 2023.
APAC is expected to be the largest market and witness the highest growth rate during the forecast period due to a rapidly growing aging population with chronic diseases, rising disposable income, and increased adoption of smart phones.
Segments Granulized
Connected Health Device Market by Product Type [Value ($ Million) from 2012 to 2023]
- Connected Health Personal Medical Devices
- Insulin Pumps
- BP Monitors
- Portable GPS PERS
- Glucose Monitors
- Personal Plus Oximeters
- Others
- Connected Health Wellness Devices
- Digital Pedometers
- Body Analyzers
- GPS Sports Watches
- Heart Rate Monitors
- Others
Connected Health Device Market by End Use [Value ($ Million) from 2012 to 2023]
- Hospitals/Clinic
- Home Monitoring
Connected Health Device Market by Region [Value ($ Million) from 2012 to 2023]
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Asia Pacific (APAC)
- China
- India
- Japan
- The Rest of the World (ROW)
- Brazil
Key Features
- Market size estimates: Global connected health device market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
- Segmentation analysis: Global connected health device market size by various applications such as type, product type, and end use in terms of value and volume shipment.
- Regional analysis: Global connected health device market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of connected health device in the connected health device market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of connected health device in the connected health device market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered
1. Executive Summary
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecast
3.2: Global Connected Health Device Market Trends and Forecast
3.3: Global Connected Health Device Market by Product Type
3.3.1: Personal Medical Devices
3.3.1.1: BP Monitors
3.3.1.2: Insulin Pumps
3.3.1.3: Personal Emergency Response Systems (PERS)
3.3.1.4: Glucose Monitors
3.3.1.5: Personal Pulse Oximeters
3.3.1.6: Other Personal Medical Devices
3.3.2: Wellness Devices
3.3.2.1: Digital Pedometers
3.3.2.2: Body Analyzers
3.3.2.3: GPS Sports Watches
3.3.2.4: Heart Rate Monitors
3.3.2.5: Other Wellness Devices
3.4: Global Connected Health Device Market by End Use
4. Market Trends and Forecast Analysis by Region
4.1: Global Connected Health Device Market by Region
4.2: North America Connected Health Device Market
4.2.1: Market by Type: Personal Medical and Wellness Device
4.2.2: Market by Product: Personal Medical Device
4.2.3: Market by Product: Wellness Device
4.2.4: United States Connected Health Device Market
4.2.5: Mexican Connected Health Device Market
4.2.6: Canadian Connected Health Device Market
4.3: European Connected Health Device Market
4.3.1: Market by Type: Personal Medical and Wellness Device
4.3.2: Market by Product: Personal Medical Device
4.3.3: Market by Product: Wellness Device
4.3.4: German Connected Health Device Market
4.3.5: United Kingdom Connected Health Device Market
4.3.6: French Connected Health Device Market
4.4: APAC Connected Health Device Market
4.4.1: Market by Type: Personal Medical and Wellness Device
4.4.2: Market by Product: Personal Medical Device
4.4.3: Market by Product: Wellness Device
4.4.4: Japanese Connected Health Device Market
4.4.5: Indian Connected Health Device Market
4.4.6: Chinese Connected Health Device Market
4.5: ROW Connected Health Device Market
4.5.1: Market by Type: Personal Medical Device and Wellness Device
4.5.2: Market by Product: Personal Medical Device
4.5.3: Market by Product: Wellness Device
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Geographical Reach
5.4: Porter's Five Forces Analysis
6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin
7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Connected Health Device Market by Type
7.1.2: Growth Opportunities for Personal Medical Device in the Global Connected Health Device Market by Product
7.1.3: Growth Opportunities for Wellness Device in the Global Connected Health Device Market by Product
7.1.4: Growth Opportunities for the Global Connected Health Device Market by Region
7.2: Emerging Trends in the Global Connected Health Device Market
7.2.1: New Product Development
7.2.2: Mergers, Acquisitions, and Joint Ventures in the Global Connected Health Device Market
7.2.3: Technology Development
8. Company Profiles of Leading Players
8.1: Apple Inc.
8.2: Omron
8.3: Phillips Healthcare Company
8.4: Mckesson Corporation
8.5: GE Healthcare
8.6: Drager Medical System
8.6: Medtronic
8.7: Fitbit
8.8: Aerotel Medical Systems
8.9: Boston Scientific Corporation
8.10: iHealth
For more information about this report visit https://www.researchandmarkets.com/research/36lsv2/connected_health?w=12