Lucintel's latest market report analyzed that connected health device provides attractive opportunities in home monitoring and hospital/clinic segments. The connected health device market is expected to reach $42.7 billion by 2025 with a CAGR of 16.9%. In this market, wellness device is the largest segment by product type, whereas hospitals/clinic is largest by end use.  Adoption of cloud technology for interconnected healthcare devices, and the adoption of telemedicine provides strategic growth path in this market.

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Based on product type, the connected health device market is segmented into BP monitors, insulin pumps, personal emergency response systems, glucose monitors, digital pedometers, body analyzers, GPS sports watches, heart rate monitors. The wellness device segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.

Browse in-depth TOC on “Connected Health Device Market”

107 – Tables

119 – Figures

208 – Pages

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, and Philips Healthcare Company.

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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. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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