The revenue mix of most of the companies of Connected Health Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Connected Health Market with coverage over 100+ industry players, some of the profiled players are GE Healthcare (United States), Apple (United States), Athenahealth (United States), Philips Healthcare (Netherlands), Abbott Laboratories (United States), Allscripts (United States), F. Hoffmann-La Roche (Switzerland), Johnson & Johnson (United States), Microsoft (United States), OMRON (Japan), Huawei (China), Epic Systems (United States), Medtronic (Ireland), Qualcomm (United States), Skyscape (United States), Agamatrix, Inc. (Germany), Boston Scientific Corporation (United States), Resideo Technologies (United States) and Sanofi (France).
According to the report, Technological Advancements in Healthcare Devices for Maintaining Health in Geriatric Population
is one of the primary growth factors for the market. Increasing Use of Smartphones and Wearable Devices into Healthcare
is also expected to contribute significantly to the Connected Health market. Overall, Monitoring
applications of Connected Health, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Function, such as Telemedicine, is boosting the Connected Health market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Hospitals, is boosting the Connected Health market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Connected Health market identified that the demand is rising in many different parts of the world as "Rising Government Expenditure on Improvement of Healthcare Infrastructure in Developing Countries". Furthermore, some recent industry insights like "On February 20, 2020 - GE Healthcare has introduced a new cybersecurity service offering that brings together medical device expertise, artificial intelligence and process management tools to help hospital groups in their fight against cybersecurity threats. and On January 30, 2020 - Abbott announced that its Tendyne Transcatheter Mitral Valve Implantation (TMVI) system received CE Mark and is now approved for use in Europe. This life-changing therapy treats significant mitral regurgitation (MR) in patients requiring a heart valve replacement and provides a safe and effective solution for MR patients who are not candidates for open-heart surgery or transcatheter mitral valve repair." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Connected Health market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Connected Health market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Connected Health market tight? Which application/end-user category or Product Type [M-Health Services [Mobile health Apps, Healthcare Providers, Pharmaceuticals] and M-Health Devices [Connected Drug Delivery Systems, Wearable Devices, Medical Devices, and Others]] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Connected Health market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Connected Health market size is calculated using market estimation process, the Connected Health market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Connected Health market size has been validated using both top-down and bottom-up approaches.