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Connected Health Device Market Is Expected To Reach $78 Billion By 2028- An Exclusive Market Research Report By Lucintel
Lucintel's latest market report analyzed that connected health device provides attractive opportunities in the home monitoring and hospital/clinic segments. The connected health device market is expected to reach $78 billion by 2028 with a CAGR of 21%. In this market, wellness device is the largest segment by product type, whereas hospitals/clinics is largest by end use. The adoption of cloud technology for interconnected healthcare devices and adoption of telemedicine provides strategic growth path in this market.
Based on product type, the connected health device market is segmented into personal medical devices [insulin pumps, BP monitors, portable GPS PERS, glucose monitors, personal plus oximeters, and others] and wellness devices [digital pedometers, body analyzers, GPS sports watches, heart rate monitors, and others]. The wellness device segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period.
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The Connected ...
... Health Device Market is marked by the presence of several big and small players. Some of the prominent players offering connected health device include Apple Inc., Medtronics, Fitbit, Omron, Philips Healthcare Company.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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