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Connected health and wellness devices market global forecasts 2017-2022 scrutinized in new research

Connected health and wellness devices market global forecasts 2017-2022 scrutinized in new research

In this report, the global Connected Health And Wellness Devices market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2017 and 2022.

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The global connected health and wellness devices market is expected to reach USD xx.xx billion by 2017-2022, according to a new report by Grand View Research, Inc. The demand for wearable medical devices and remote patient monitoring systems is anticipated to increase over the forecast period due to the shifting consumer preferences towards a healthier lifestyle thus driving the market growth in the coming years.

In addition, the increasing incidences of lifestyle-associated diseases requiring continuous health monitoring, which is expected to lead to an upsurge in the demand for connected health devices over the forecast period. In addition, the advantages associated with its usage and the availability of advanced products, such as remote sensors, adapters, and connected mobile communication devices are the factors further augmenting the market growth. 

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Healthcare Information and Management Systems Society (HIMSS), are anticipated to serve this industry with future growth opportunities. The rising emphasis on the development of advanced healthcare solutions coupled with the sufficient availability of funds is expected to boost the R&D investments in the connected health & wellness devices market.

For instance, the government organizations, such as Healthcare Research and Quality (AHRQ), offer funds to expand the health information systems in the U.S., which is expected to further fuel the industry growth in this region.

The healthcare analytics segment is expected to show lucrative growth over the forecast period owing to the rising pressure on hospitals to curb the spiraling healthcare costs, the availability of big data analytics, and the penetration of electronic health record systems in medical settings. The growing need to improve value-based outcomes in the healthcare sector and the adoption of the patient-centric approach are the factors propelling the segment's growth.

Global Connected Health And Wellness Devices market competition by top manufacturers/players, with Connected Health And Wellness Devices sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including
Omron Healthcare, Inc.
McKesson Corporation
Philips Healthcare Company
GE Healthcare, Inc.
Draeger Medical Systems, Inc.
Fitbit, Inc.
St. Jude Medical, Inc.
Medtronic Plc
Aerotel Medical System Ltd.
Boston Scientific Corporation
Body Media, Inc.
Garmin International, Inc.
Microlife Corporation
Masimo Corporation
AgaMatrix, Inc.
Apple, Inc.
On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into
Personal Medical Devices
Wellness Products
Software & Services
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Connected Health And Wellness Devices for each application, including
Hospitals
Individual Customers
Others

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