What is Connected Patient Care Market Scope?
Connected Care is known to be a real-time electronic communication between the patient and the provider, which includes telehealth, remote patient monitoring, as well as secure email communication between clinicians and their patients. Connected Care enables healthcare providers to communicate remotely with their patients and other healthcare providers across care facilities via iPads, laptops, and smartphones. Patients and their carers can be more concerned with providing their own care. Patients with limited access to health care providers can be treated in cheaper and more accessible care facilities, e.g. at home or at local retail clinics. Connected care also improves patient satisfaction in several ways. Patients found the online consultations quick and convenient and said they were very satisfied with the clinical effectiveness of the consultations. Doctors found that remote care, which included the online questionnaires, saved time, allowed for more regular follow-up care, and provided a more complete picture of their patients' wellbeing.
The Connected Patient Care market study is being classified by Type (M-Health Services, M-Health Devices and E-Prescription), by Application (Monitoring, Diagnosis and Treatment, Education and Awareness, Healthcare Management and Wellness and Prevention) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Connected Patient Care market throughout the predicted period.
Medtronic (Ireland), Dexcom (United States), Boston Scientific (United States), Teladoc Health (United States), Apple (United States), General Electric Company (United States), Honeywell International Inc. (United States), Doctors on Demand, Inc. (United States), MeMD (United States), Koninklijke Philips N.V. (Netherlands), Qualcomm Technologies, Inc. (United States), Vivify Health, Inc. (United States), IBM Corporation (United States), SAP SE (Germany), Epic Systems (United States), Cerner (United States), Allscripts Healthcare, LLC (United States) and AgaMatrix, Inc. (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Airstrip Technologies, Inc. (United States), AliveCor, Inc. (United States) and Persistent Systems (India).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Connected Patient Care market by Type, Application and Region.
On the basis of geography, the market of Connected Patient Care has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Growing Integration of IT in Healthcare
- Increased Internet Penetration in Developed and Developing Countries
- Rising Trend of Patient-Centric Approach
Market Drivers
- Rising Use of Smartphones and Wearable Devices into Healthcare
- Rising Aging Population
- Increased Involvement of Patient Population
- Continuous Increase in Lifestyle Diseases
- Advanced Diagnostics Development
Opportunities
- Rising Partnerships between the Companies and the Introduction of Connected Healthcare
- Rising Government Expenditure on the Healthcare Sector
Restraints
- Growing Cyber Attack Risks
Challenges
- Presence and Availability of Global Brands and Their Challenges Faced Due to Large or Scarce Competition from Local and Domestic Brand
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Connected Patient Care, Venture Capitalists and Private Equity Firms, Research Organizations and End-Use Industry
Customization available in this Study:
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