Global Connected Health and Wellness Solutions Market Size, Forecasts, And Opportunities – Includes Connected Health and Wellness Solutions Market Report
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The global connected health and wellness solutions market is expected to grow from $37.85 billion in 2021 to $46.30 billion in 2022 at a compound annual growth rate (CAGR) of 22.33%. The global connected health and wellness solutions market size is expected to grow to $95.90 billion in 2026 at a compound annual growth rate (CAGR) of 19.97%.
The increase in the adoption of mhealth devices is driving the growth of the connected health and wellness solutions market.
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The connected health and wellness solutions market consists of sales of connected health and wellness solutions by entities (organizations, sole traders, partnerships) that focus on maximizing healthcare resources by using technology and devices that provide accurate health information. These connected health and wellness solutions include BP monitors, glucose monitors, body analyzers, heart rate monitors, and fitness devices.
Global Connected Health And Wellness Solutions Market Segments Include:
By Product: Personal Medical Devices, Wellness Products, Software and Services
By Function: Clinical Monitoring, Telehealth
By Application: Diagnosis and Treatment, Wellness and prevention, Monitoring, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global connected health and wellness solutions market in 2021.
The increasing adoption of digital health technologies is a key trend gaining popularity in the connected health and wellness solutions market. Digital health technologies use software, computing platforms, sensors, and more to give accurate health information to patients. The demand for digital health technologies has increased in the past few years.
TBRC’s Connected Health And Wellness Solutions Market Report Covers:
Major Market Players: Omron Healthcare Inc., Koninklijke Philips N.V., GE Healthcare, Drägerwerk AG & Co. KGaA, Fitbit LLC, Medtronic, Abbott, Boston Scientific Corp., Garmin International Inc., Apple Inc., Masimo Corp., ResMed, and NXGN Management LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Connected Health and Wellness Solutions Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides connected health and wellness solutions market overviews, analyzes and forecasts market size, share, connected health and wellness solutions market players, connected health and wellness solutions market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s connected health and wellness solutions market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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