Connected Healthcare Market Size, Trends Analysis & Industry Forecast 2016-2024 - PowerPoint PPT Presentation

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Connected Healthcare Market Size, Trends Analysis & Industry Forecast 2016-2024

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The advancement in connectivity technology along with the introduction of IT healthcare awakens the opportunity for connected healthcare devices. The growing need of connectivity in healthcare infrastructure to utilize the resources is also augmenting the market growth of global connected healthcare market. The global connected healthcare market is anticipated to reach USD 150 billion by 2024 due to persistent geriatric population as elderly population is highly susceptible to acquire several health disorders as compared to younger adults. – PowerPoint PPT presentation

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Title: Connected Healthcare Market Size, Trends Analysis & Industry Forecast 2016-2024


1
Global Connected Healthcare Market Outlook
Global Connected Healthcare Market Outlook 2024
Opportunity Growth Analysis, 2016-2024
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Global Connected Healthcare Market Outlook
Global Connected Healthcare Market Share(), By
Region-2016-2024
Global Connected Healthcare Market Size USD
(Billion). 2016-2024
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Sample
Source Goldstein Research
Source Goldstein Research
In 2016, M Health Services accounted for the
highest market share XX in Global Connected
Healthcare Market
With XX share in 2016, North America dominated
the Global Connected Healthcare market
Global Connected Healthcare Market Share (), By
Type-2016
Global Connected Healthcare Market Share (), By
Applicatio-2016
Global Connected Healthcare Market Share(), By
Target Audience-2016
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Source Goldstein Research
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3
Global Connected Healthcare Market Outlook
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  • In 2016, m health services dominated the market
    m health devices segment accounted for nearly XX
    of the total connected healthcare market and
    remaining XX went for e-prescription. The main
    reason for this despaired share is due to the
    rising demand for connected healthcare trend
    owing to the ease of data management and patient
    monitoring.
  • However, as the medical device technology is on
    rise (especially in developing countries), the
    Europe connected healthcare market is projected
    to reach USD XXXX million in 2024 from USD XXXX
    million in 2016, registering a growth rate of
    XX. In addition to that, North America
    connected healthcare market touched USD XXXX
    million in 2016 and rising demand for
    prescription medicines in the region is expected
    to accelerate the market to USD XXXX million by
    the end of 2024
  • As a result, if seen from the big market point
    of view, m health services demand is higher in
    homecare settings followed by other healthcare
    facilities. Moreover, the rising healthcare
    expenditure in Africa on the back of new
    healthcare reforms and rising investment in
    healthcare sector is expected to bolster the
    growth of connected healthcare in Africa region
  • With USD XXXX million in 2016, monitoring
    application has the highest demand followed by
    diagnosis and treatment, healthcare management,
    education and awareness and prevention. The
    advancement in healthcare devices are encouraging
    the hospitals and diagnostic laboratories to
    adopt the advanced devices to obtain accurate
    diagnosis data. The precise data would further
    help the physicians to provide better treatment
    to the patients
  • Further, increasing spending by government
    authorities on research and development of
    innovative and advanced medical devices along
    with rising disease burden are some of the major
    reasons behind the spiked growth of Asia-Pacific
    Africa connected healthcare market

Growing IT Healthcare
Rising inpatients
Sample
Rising Diagnostic Laboratories
Rise in home healthcare settings
Advancement in medical devices
Global Connected Healthcare Devices Shipment
(Million Units)
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
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Research
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Research
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4
Major Players Presence-Regional Analysis
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Major Players/ Industries North America APAC Europe Latin America Middle East Africa
Abbott
Medtronic
Siemens
Roche
IBM
Philips
GE Healthcare
Microsoft
Sample
Low Penetration
High Penetration
Medium Penetration
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Research
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5
Global Connected Healthcare Market Size (USD
Billion)-2016-2024
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Sample
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  • Global Connected Healthcare Market is anticipated
    to expand at a compound annual growth rate of XX
    during the forecast period i.e. 2016-2024. The
    market is anticipated to reach USD XX Billion by
    the end of 2024.
  • Europe connected healthcare market is anticipated
    to expand at a compound annual growth rate of XX
    during the forecast period i.e. 2016-2024.
    Further, connected healthcare devices sales
    increased from XXXX units in 2015 to XXXX units
    in 2016
  • The medical devices market growth rate declined
    in 2010 by 5.0, due to the absence of virus
    testing in 2009, while H1N1 pandemic and H1N1
    influenza testing have led to a significant
    growth (XX growth) in the medical devices market
  • It is sensitive to the economic cycle, as sales
    in most connected healthcare device markets
    declined due to the 2009 global economic
    downturn. However, rising healthcare expenditure
    in major countries in Asia-Pacific such as China,
    Japan, Australia and others are expected to
    trigger the demand for connected healthcare
    devices and services market

6
Region and Market Players-2016
Global Connected Healthcare Market Share () , By
Companies, 2016
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Sample
Source Goldstein Research
Global Connected Healthcare Market Share(), By
Region, 2016
North America XX
Europe XX
Asia Pacific XX
Middle East Africa XX
Latin America XX
Source Goldstein Research
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Research
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7
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  • Growing technological advancements in medical
    devices
  • Factors such as compact and accurate diagnosis
    medical devices, high end and energy efficient
    connected healthcare devices for treatment
    applications and rising spending on research and
    development activities to manufacture
    cost-effective and efficient medical devices is
    expected to accelerate the growth of connected
    healthcare market
  • On the other hand, increasing consumer awareness
    towards treatment of multiple disorders and
    increasing spending on healthcare on account of
    favorable reimbursement policies is expected to
    push the hospitals and clinics to adopt connected
    healthcare market to provide better diagnosis and
    treatment facilities to the patients
  • Moreover, the growing demand for app based
    services in developing nations on the basis of
    factors such as changing lifestyle of the
    population, internet penetration and rising
    personal disposable income in developing nations
    further boost the demand for connected healthcare

Sample
  • Impact Analysis-
  • Advanced researches and huge investments in RD
    sector leads to design manufacture new
    technology medical devices which further expected
    to fuel the growth of connected healthcare market
    globally.
  • Advanced technology medical device help the
    healthcare industry to obtain precise data for
    treatment which is further sufficient to provide
    better cure prevention. These factors expected
    to exhibit a positive growth in connected
    healthcare market in near future

Medtronic Healthcare invested USD XX Million for
the design manufacturing of medical devices
with advanced latest technology For better
services, Philips Healthcare collaborated with
Rostock University to improve the healthcare
technology through innovation Adaptation of New
technologies in many nations like U.S. ,adapted
new technology of diagnostics designed by MedX
to provide better services
8
Sample
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  • Rural population, unawareness deprived of
    healthcare services in rural regions
  • The rural population of the world is more than
    the half of the total population (XX), whereas
    XX population are living in urban areas
  • Lack of awareness towards medical devices
    treatments in rural regions is hindering the
    growth of connected healthcare market at a large
    scale
  • Due to unavailability of medical services
    facilities in many under developed regions, hence
    deprived the population to experience the
    treatment facilities with sophisticated
    technology based medical devices
  • Absence of convenience of healthcare facilities
    less disposable income in rural regions across
    the globe are restraining the demand for
    connected healthcare market.
  • Population living below poverty line across the
    globe are deprived from home healthcare
    facilities and unable to opt expensive services
    for treatments cure

Rural population () of the total population()-
By Countries, 2016
Rural Urban Population ()- World
XX
XX
  • XX of the total population of the world
    population is lived at or below USD 1.90 per day
    in the year 2012
  • In China, XXXX Million people living at or below
    USD1.90 per day
  • In East-Asia region, XX of the total population
    of this region living below poverty line in 2012
  • In United States, the population lies below
    poverty line is XX of the total population of
    the country

Source Goldstein Research
  • Impact Analysis-
  • The population living in rural areas across the
    globe are unable to get clinical treatments with
    medical devices due to less disposable income are
    some of the factors which is restraining the
    growth of connected healthcare market.
  • Many regions across the globe are underdeveloped
    and viewing low economies . These regions are
    unable to embrace advanced healthcare facilities
    which is curbing the growth of global connected
    healthcare market.

Source Goldstein Research
Impact on Global Connected Healthcare Market
9
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Global Connected Healthcare Market Share (), By
Type, 2016-2024
  • Asia-Pacific m-health services market is expected
    to expand at a CAGR of XX during the forecast
    period i.e. 2016-2024. Modernization of lifestyle
    and penetration of internet among the population
    in India, China, Japan and other major economies
    along with the rising awareness towards
    healthcare facilities are propelling the demand
    for connected healthcare
  • Advancement in medical devices by implementing
    internet of things and artificial intelligence
    technologies tends to enhance the design and test
    functionality of devices. Enhancement in design
    and portability of connected medical devices are
    driving the growth of connected healthcare
  • E prescription tends to dominate the market by
    XX of market share owing to the awareness and
    availability of the resources with the patients
    and hospital management

Sample
Source Goldstein Research
Global Connected Healthcare Market Y-O-Y Growth,
By Type, 2016-2024
Source Goldstein Research
Global Connected Healthcare Market Size (USD
Billion), By Type-2016-2024
Source Goldstein Research
10
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  • The M-health services segment of Connected
    Healthcare is expected to harness USD XX billion
    market revenue by 2024 with XX Y-O-Y growth.
  • M-Health services market was USD XX billion in
    2016, expected to attain the growth rate of XX
    over the forecast period and reach USD XX Billion
    by 2024.
  • North America m-health services market dominate
    owing to the largest app developer economics
    closely followed by Europe with XX market share
    in global m-health services market.
  • Major drivers of m-health services market are
    internet penetration, advanced healthcare system
    and awareness.
  • m-health services holds the largest portion of
    market revenue while m-health devices tends to
    grow at the faster pace in the forecast period. E
    prescription is still in the developing phase as
    more focus is towards the other two segments.

Global m-Health Services App Developer Economics
by Region, 2016
Sample
Source Goldstein Research
Global Connected Healthcare Market Y-O-Y Growth,
By M-Health Services, 2016-2024
Source Goldstein Research
Global Connected Healthcare Market Size (USD
Billion), By M-Health Services, 2016-2024
Source Goldstein Research
11
North America Connected Healthcare Market
Size(USD Billion)-2016-2024
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Sample
Source Goldstein Research
North America Connected Healthcare Market Size
(USD Billion), By Type-2016-2024
North America Connected Healthcare Market Size
(USD Billions), By Country-2016-2024
Source Goldstein Research
Source Goldstein Research
12
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US Connected Healthcare Market Size (USD
Billion), Compound Annual Growth Rate (), Y-O-Y
Growth Rate (), 2016-2024
Sample
Source Goldstein Research
US Healthcare Expenditure (USD Billion),
2012-2017
Key Insights
High prevalence rates of diagnostic and lifestyle
diseases coupled with technological advancements
and higher disposable healthcare expenditures are
helping U.S. connected healthcare market to be
the most matured during the forecast period i.e.
2016-2024 The U.S. medical device industry is
expected to remain highly competitive globally,
partially because of national characteristics
that facilitate bringing new and innovative
technologies to market. Opportunities for
expansion of U.S. medical device exports will
come from certain key ongoing policy and
activities.
Source Goldstein Research
Besides leading the world in the production of
medical devices, the United States is the largest
medical devices consumer. The United States
medical device market is valued at more than USD
XX billion in 2015, which account for
approximately XX percent of the global market. In
order to facilitate expansion, medical device
companies recognize that they must also look at
developing countries for future growth.
13
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