Loading…
image

Report Scope & Overview:

Connected Health and Wellness Devices Market size was valued at USD 35.30 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 20.6% from 2022 to 2030.

Connected Health and Wellness Devices Market Overview:
Global Connected Health and Wellness Devices Market research provides insights into consumer behavior, industry trends, and market competition through the use of various research techniques, including surveys, interviews, and data analysis. The industry serves a wide range of clients, including businesses, government agencies, and non-profit organizations. Connected Health and Wellness Devices Market is highly diverse, with a range of services and specialties, including quantitative and qualitative research, brand research, product testing, customer satisfaction research, and competitive analysis.
Overall, Connected Health and Wellness Devices market plays a crucial role in helping businesses and organizations make informed decisions based on data-driven insights. As the demand for data-driven decision-making continues to grow, Connected Health and Wellness Devices market research is expected to experience further growth and innovation in the coming years.

DESCIMG1

Connected Health and Wellness Devices Market Key Trends

Increasing adoption of wearable devices: Wearable devices, such as fitness trackers, smartwatches, and smart clothing, are witnessing widespread adoption among consumers. These devices monitor various health parameters, such as heart rate, sleep patterns, and physical activity, promoting proactive health management.

Integration of IoT and AI technologies: The connected health and wellness devices market is experiencing a significant trend of integrating Internet of Things (IoT) and Artificial Intelligence (AI) technologies. This allows for seamless connectivity, data sharing, and real-time analysis, enabling personalized insights and actionable recommendations for users.

Focus on remote patient monitoring: Connected health devices enable remote patient monitoring, allowing healthcare providers to monitor patients' health conditions remotely and provide timely interventions. This trend is particularly beneficial for managing chronic diseases and improving patient outcomes while reducing healthcare costs.

Emphasis on preventive healthcare: Connected health and wellness devices are shifting the focus towards preventive healthcare by enabling individuals to track and monitor their health proactively. These devices promote healthy behaviors, encourage physical activity, and provide personalized health recommendations.

Growing ecosystem of health and wellness apps: The market is witnessing the proliferation of health and wellness apps that seamlessly integrate with connected devices. These apps offer features such as data tracking, personalized coaching, and social networking, enhancing user engagement and facilitating behavior change.

Expansion of telemedicine and virtual care: The COVID-19 pandemic has accelerated the adoption of telemedicine and virtual care solutions. Connected health devices play a crucial role in facilitating remote consultations, remote diagnostics, and telemonitoring, enabling access to healthcare services from the comfort of home.

Integration of multiple health parameters: Connected health devices are evolving to measure and analyze multiple health parameters simultaneously. For example, advanced wearable devices can monitor heart rate, blood pressure, sleep quality, and oxygen saturation, providing users with a holistic view of their health.

Focus on user-friendly and intuitive design: Manufacturers are prioritizing user-friendly design and intuitive interfaces for connected health and wellness devices. Simplified user experiences, touchscreens, and mobile app interfaces contribute to enhanced usability and user satisfaction.

Personalized health insights and recommendations: Connected health devices are leveraging AI algorithms and machine learning to provide personalized health insights and recommendations based on individual data. This trend enables users to make informed decisions about their lifestyle, diet, and exercise routines.

Collaboration and partnerships: The market is witnessing collaborations between device manufacturers, healthcare providers, and tech companies to leverage each other's expertise and create comprehensive solutions. These partnerships aim to offer integrated health management

Market Segmentations:

Global Connected Health and Wellness Devices Market: By Company
• Omron Healthcare
• McKesson
• Philips Healthcare Company
• GE Healthcare
• Draeger Medical Systems
• Fitbit
• Abbott
• Medtronic
• Aerotel Medical System
• Boston Scientific
• Body Media
• Garmin International
• Microlife
• Masimo
• AgaMatrix
• Apple

Global Connected Health and Wellness Devices Market: By Type
• Personal Medical Devices
• Wellness Products
• Software & Services

Global Connected Health and Wellness Devices Market: By Application
• Hospitals
• Individual Customers
• Others

Global Connected Health and Wellness Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Connected Health and Wellness Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Report Attribute/MetricDetails
Market Size 2021USD 35.30 billion 
Compound Annual Growth Rate (CAGR)20.6%(2022-2030)
Base Year2022
Forecast Period2022-2030
Historical Data2018-2030
Forecast UnitsValue (USD Billion)
Report CoverageRevenue Forecast, Competitive Landscape,
Growth Factors, and Trends 
By Type• Personal Medical Devices
• Wellness Products
• Software & Services
By Application• Hospitals
• Individual Customers
• Others
Key Companies Profiled• Omron Healthcare
• McKesson
• Philips Healthcare Company
• GE Healthcare
• Draeger Medical Systems
• Fitbit
• Abbott
• Medtronic
• Aerotel Medical System
• Boston Scientific
• Body Media
• Garmin International
• Microlife
• Masimo
• AgaMatrix
• Apple

Regions and Key Countries CoveredU.S., Canada, and Mexico in North America, Germany, France, U.K.,
Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium,
and Rest of Europe in Europe, Singapore, Malaysia, Australia,
Thailand, Indonesia, Philippines, China, Japan, India,
South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, South Africa, Egypt, Israel,
Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),
and Argentina, Brazil, and Rest of South America as part of South America
Customization ScopeAvailable on Request

Reasons to Purchase Connected Health and Wellness Devices Market Report:
• To gain insights into market trends and dynamics: this reports provide valuable insights into industry trends and dynamics, including market size, growth rates, and key drivers and challenges.
• To identify key players and competitors: this research reports can help businesses identify key players and competitors in their industry, including their market share, strategies, and strengths and weaknesses.
• To understand consumer behavior: this research reports can provide valuable insights into consumer behavior, including their preferences, purchasing habits, and demographics.
• To evaluate market opportunities: this research reports can help businesses evaluate market opportunities, including potential new products or services, new markets, and emerging trends.
To make informed business decisions: this research reports provide businesses with data-driven insights that can help them make informed business decisions, including strategic planning, product development, and marketing and advertising strategies.

Objectives of Connected Health and Wellness Devices Market Study:
The objectives of Connected Health and Wellness Devices market research report may vary depending on the specific needs and goals of the business or organization commissioning the report. However, some common objectives of market research reports include:
• Understanding the market size and potential: One of the primary objectives of Connected Health and Wellness Devices market research is to understand the size and potential of a particular market. This includes analyzing market trends and dynamics, identifying key players and competitors, and assessing the demand for products or services.
• Identifying target customers and segments: this market research reports can help businesses identify and understand their target customers and market segments, including their preferences, behaviors, and demographics. This information can be used to develop targeted marketing and advertising strategies.
• Evaluating product or service performance: this market research reports can provide valuable insights into the performance of products or services, including customer satisfaction, product usage, and product quality. This information can be used to improve products or services and enhance customer satisfaction.
• Assessing market opportunities and threats: this market research reports can help businesses identify potential market opportunities and threats, including emerging trends, competitive threats, and new market entrants. This information can be used to develop strategic plans and make informed business decisions.
• Developing effective marketing and advertising strategies: this market research reports can help businesses develop effective marketing and advertising strategies by providing insights into customer preferences and behavior, competitive dynamics, and market trends. This can help businesses improve brand awareness, customer engagement, and overall marketing effectiveness.

Frequently Asked Questions

  The connected health and wellness devices market refers to the market for devices that are connected to the internet and used to monitor and improve health and wellness. These devices include wearable fitness trackers, smartwatches, blood pressure monitors, glucose meters, sleep trackers, and other similar devices.

  Connected Health and Wellness Devices Market size was valued at USD 35.30 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 20.6% from 2022 to 2030.

  Some of the major players in the Connected Health and Wellness Devices Market include Omron Healthcare, McKesson, Philips Healthcare Company, GE Healthcare, Draeger Medical Systems, Fitbit, Abbott, Medtronic, Aerotel Medical System, Boston Scientific, Body Media, Garmin International, icrolife, Masimo, AgaMatrix, AppleSome of the major players in the Connected Health and Wellness Devices Market include Omron Healthcare, McKesson, Philips Healthcare Company, GE Healthcare, Draeger Medical Systems, Fitbit, Abbott, Medtronic, Aerotel Medical System, Boston Scientific, Body Media, Garmin International, icrolife, Masimo, AgaMatrix, Apple

  The connected health and wellness devices market is witnessing significant growth across various regions. Some of the key regions experiencing growth include North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

  The adoption of connected health and wellness devices faces certain challenges and barriers, including: a) Data privacy and security concerns: The collection, storage, and sharing of personal health data raise privacy and security concerns among users and healthcare providers. b) Regulatory hurdles: Compliance with various regulatory frameworks, such as medical device regulations and

TABLE OF CONTENT

1 Connected Health and Wellness Devices Market Overview
1.1 Product Overview and Scope of Connected Health and Wellness Devices
1.2 Connected Health and Wellness Devices Segment by Type
1.2.1 Global Connected Health and Wellness Devices Market Value Comparison by Type (2023-2029)
1.2.2 Personal Medical Devices
1.2.3 Wellness Products
1.2.4 Software & Services
1.3 Connected Health and Wellness Devices Segment by Application
1.3.1 Global Connected Health and Wellness Devices Market Value by Application: (2023-2029)
1.3.2 Hospitals
1.3.3 Individual Customers
1.3.4 Others
1.4 Global Connected Health and Wellness Devices Market Size Estimates and Forecasts
1.4.1 Global Connected Health and Wellness Devices Revenue 2017-2032
1.4.2 Global Connected Health and Wellness Devices Sales 2017-2032
1.4.3 Global Connected Health and Wellness Devices Market Average Price (2017-2032)
1.5 Assumptions and Limitations
2 Connected Health and Wellness Devices Market Competition by Manufacturers
2.1 Global Connected Health and Wellness Devices Sales Market Share by Manufacturers (2017-2023)
2.2 Global Connected Health and Wellness Devices Revenue Market Share by Manufacturers (2017-2023)
2.3 Global Connected Health and Wellness Devices Average Price by Manufacturers (2017-2023)
2.4 Global Connected Health and Wellness Devices Industry Ranking 2021 VS 2022 VS 2023
2.5 Global Key Manufacturers of Connected Health and Wellness Devices, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Connected Health and Wellness Devices, Product Type & Application
2.7 Connected Health and Wellness Devices Market Competitive Situation and Trends
2.7.1 Connected Health and Wellness Devices Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Connected Health and Wellness Devices Players Market Share by Revenue
2.7.3 Global Connected Health and Wellness Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Connected Health and Wellness Devices Retrospective Market Scenario by Region
3.1 Global Connected Health and Wellness Devices Market Size by Region: 2018 Versus 2022 Versus 2029
3.2 Global Connected Health and Wellness Devices Global Connected Health and Wellness Devices Sales by Region: 2017-2032
3.2.1 Global Connected Health and Wellness Devices Sales by Region: 2017-2023
3.2.2 Global Connected Health and Wellness Devices Sales by Region: 2023-2032
3.3 Global Connected Health and Wellness Devices Global Connected Health and Wellness Devices Revenue by Region: 2017-2032
3.3.1 Global Connected Health and Wellness Devices Revenue by Region: 2017-2023
3.3.2 Global Connected Health and Wellness Devices Revenue by Region: 2023-2032
3.4 North America Connected Health and Wellness Devices Market Facts & Figures by Country
3.4.1 North America Connected Health and Wellness Devices Market Size by Country: 2018 VS 2023 VS 2032
3.4.2 North America Connected Health and Wellness Devices Sales by Country (2017-2032)
3.4.3 North America Connected Health and Wellness Devices Revenue by Country (2017-2032)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Connected Health and Wellness Devices Market Facts & Figures by Country
3.5.1 Europe Connected Health and Wellness Devices Market Size by Country: 2018 VS 2023 VS 2032
3.5.2 Europe Connected Health and Wellness Devices Sales by Country (2017-2032)
3.5.3 Europe Connected Health and Wellness Devices Revenue by Country (2017-2032)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Connected Health and Wellness Devices Market Facts & Figures by Country
3.6.1 Asia Pacific Connected Health and Wellness Devices Market Size by Country: 2018 VS 2023 VS 2032
3.6.2 Asia Pacific Connected Health and Wellness Devices Sales by Country (2017-2032)
3.6.3 Asia Pacific Connected Health and Wellness Devices Revenue by Country (2017-2032)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Connected Health and Wellness Devices Market Facts & Figures by Country
3.7.1 Latin America Connected Health and Wellness Devices Market Size by Country: 2018 VS 2023 VS 2032
3.7.2 Latin America Connected Health and Wellness Devices Sales by Country (2017-2032)
3.7.3 Latin America Connected Health and Wellness Devices Revenue by Country (2017-2032)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Connected Health and Wellness Devices Market Facts & Figures by Country
3.8.1 Middle East and Africa Connected Health and Wellness Devices Market Size by Country: 2018 VS 2023 VS 2032
3.8.2 Middle East and Africa Connected Health and Wellness Devices Sales by Country (2017-2032)
3.8.3 Middle East and Africa Connected Health and Wellness Devices Revenue by Country (2017-2032)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Connected Health and Wellness Devices Sales by Type (2017-2032)
4.1.1 Global Connected Health and Wellness Devices Sales by Type (2017-2023)
4.1.2 Global Connected Health and Wellness Devices Sales by Type (2023-2032)
4.1.3 Global Connected Health and Wellness Devices Sales Market Share by Type (2017-2032)
4.2 Global Connected Health and Wellness Devices Revenue by Type (2017-2032)
4.2.1 Global Connected Health and Wellness Devices Revenue by Type (2017-2023)
4.2.2 Global Connected Health and Wellness Devices Revenue by Type (2023-2032)
4.2.3 Global Connected Health and Wellness Devices Revenue Market Share by Type (2017-2032)
4.3 Global Connected Health and Wellness Devices Price by Type (2017-2032)
5 Segment by Application
5.1 Global Connected Health and Wellness Devices Sales by Application (2017-2032)
5.1.1 Global Connected Health and Wellness Devices Sales by Application (2017-2023)
5.1.2 Global Connected Health and Wellness Devices Sales by Application (2023-2032)
5.1.3 Global Connected Health and Wellness Devices Sales Market Share by Application (2017-2032)
5.2 Global Connected Health and Wellness Devices Revenue by Application (2017-2032)
5.2.1 Global Connected Health and Wellness Devices Revenue by Application (2017-2023)
5.2.2 Global Connected Health and Wellness Devices Revenue by Application (2023-2032)
5.2.3 Global Connected Health and Wellness Devices Revenue Market Share by Application (2017-2032)
5.3 Global Connected Health and Wellness Devices Price by Application (2017-2032)
6 Key Companies Profiled
6.1 Omron Healthcare
6.1.1 Omron Healthcare Corporation Information
6.1.2 Omron Healthcare Description and Business Overview
6.1.3 Omron Healthcare Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.1.4 Omron Healthcare Connected Health and Wellness Devices Product Portfolio
6.1.5 Omron Healthcare Recent Developments/Updates
6.2 McKesson
6.2.1 McKesson Corporation Information
6.2.2 McKesson Description and Business Overview
6.2.3 McKesson Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.2.4 McKesson Connected Health and Wellness Devices Product Portfolio
6.2.5 McKesson Recent Developments/Updates
6.3 Philips Healthcare Company
6.3.1 Philips Healthcare Company Corporation Information
6.3.2 Philips Healthcare Company Description and Business Overview
6.3.3 Philips Healthcare Company Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.3.4 Philips Healthcare Company Connected Health and Wellness Devices Product Portfolio
6.3.5 Philips Healthcare Company Recent Developments/Updates
6.4 GE Healthcare
6.4.1 GE Healthcare Corporation Information
6.4.2 GE Healthcare Description and Business Overview
6.4.3 GE Healthcare Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.4.4 GE Healthcare Connected Health and Wellness Devices Product Portfolio
6.4.5 GE Healthcare Recent Developments/Updates
6.5 Draeger Medical Systems
6.5.1 Draeger Medical Systems Corporation Information
6.5.2 Draeger Medical Systems Description and Business Overview
6.5.3 Draeger Medical Systems Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.5.4 Draeger Medical Systems Connected Health and Wellness Devices Product Portfolio
6.5.5 Draeger Medical Systems Recent Developments/Updates
6.6 Fitbit
6.6.1 Fitbit Corporation Information
6.6.2 Fitbit Description and Business Overview
6.6.3 Fitbit Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.6.4 Fitbit Connected Health and Wellness Devices Product Portfolio
6.6.5 Fitbit Recent Developments/Updates
6.7 Abbott
6.6.1 Abbott Corporation Information
6.6.2 Abbott Description and Business Overview
6.6.3 Abbott Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.4.4 Abbott Connected Health and Wellness Devices Product Portfolio
6.7.5 Abbott Recent Developments/Updates
6.8 Medtronic
6.8.1 Medtronic Corporation Information
6.8.2 Medtronic Description and Business Overview
6.8.3 Medtronic Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.8.4 Medtronic Connected Health and Wellness Devices Product Portfolio
6.8.5 Medtronic Recent Developments/Updates
6.9 Aerotel Medical System
6.9.1 Aerotel Medical System Corporation Information
6.9.2 Aerotel Medical System Description and Business Overview
6.9.3 Aerotel Medical System Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.9.4 Aerotel Medical System Connected Health and Wellness Devices Product Portfolio
6.9.5 Aerotel Medical System Recent Developments/Updates
6.10 Boston Scientific
6.10.1 Boston Scientific Corporation Information
6.10.2 Boston Scientific Description and Business Overview
6.10.3 Boston Scientific Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.10.4 Boston Scientific Connected Health and Wellness Devices Product Portfolio
6.10.5 Boston Scientific Recent Developments/Updates
6.11 Body Media
6.11.1 Body Media Corporation Information
6.11.2 Body Media Connected Health and Wellness Devices Description and Business Overview
6.11.3 Body Media Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.11.4 Body Media Connected Health and Wellness Devices Product Portfolio
6.11.5 Body Media Recent Developments/Updates
6.12 Garmin International
6.12.1 Garmin International Corporation Information
6.12.2 Garmin International Connected Health and Wellness Devices Description and Business Overview
6.12.3 Garmin International Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.12.4 Garmin International Connected Health and Wellness Devices Product Portfolio
6.12.5 Garmin International Recent Developments/Updates
6.13 Microlife
6.13.1 Microlife Corporation Information
6.13.2 Microlife Connected Health and Wellness Devices Description and Business Overview
6.13.3 Microlife Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.13.4 Microlife Connected Health and Wellness Devices Product Portfolio
6.13.5 Microlife Recent Developments/Updates
6.14 Masimo
6.14.1 Masimo Corporation Information
6.14.2 Masimo Connected Health and Wellness Devices Description and Business Overview
6.14.3 Masimo Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.14.4 Masimo Connected Health and Wellness Devices Product Portfolio
6.14.5 Masimo Recent Developments/Updates
6.15 AgaMatrix
6.15.1 AgaMatrix Corporation Information
6.15.2 AgaMatrix Connected Health and Wellness Devices Description and Business Overview
6.15.3 AgaMatrix Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.15.4 AgaMatrix Connected Health and Wellness Devices Product Portfolio
6.15.5 AgaMatrix Recent Developments/Updates
6.16 Apple
6.16.1 Apple Corporation Information
6.16.2 Apple Connected Health and Wellness Devices Description and Business Overview
6.16.3 Apple Connected Health and Wellness Devices Sales, Revenue and Gross Margin (2017-2023)
6.16.4 Apple Connected Health and Wellness Devices Product Portfolio
6.16.5 Apple Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Connected Health and Wellness Devices Industry Chain Analysis
7.2 Connected Health and Wellness Devices Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Connected Health and Wellness Devices Production Mode & Process
7.4 Connected Health and Wellness Devices Sales and Marketing
7.4.1 Connected Health and Wellness Devices Sales Channels
7.4.2 Connected Health and Wellness Devices Distributors
7.5 Connected Health and Wellness Devices Customers
8 Connected Health and Wellness Devices Market Dynamics
8.1 Connected Health and Wellness Devices Industry Trends
8.2 Connected Health and Wellness Devices Market Drivers
8.3 Connected Health and Wellness Devices Market Challenges
8.4 Connected Health and Wellness Devices Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer

Omron Healthcare
McKesson
Philips Healthcare Company
GE Healthcare
Draeger Medical Systems
Fitbit
Abbott
Medtronic
Aerotel Medical System
Boston Scientific
Body Media
Garmin International
Microlife
Masimo
AgaMatrix
Apple

Request Sample