PUBLISHER: The Business Research Company | PRODUCT CODE: 1764289
PUBLISHER: The Business Research Company | PRODUCT CODE: 1764289
Connected health personal medical devices are intelligent medical tools designed to monitor, collect, and transmit health-related data from individuals to healthcare professionals in real time. These devices combine technologies like sensors, wireless connectivity, and mobile applications to support continuous and remote health monitoring. Their core objective is to boost patient involvement, facilitate early disease detection, and enhance the management of chronic conditions outside of traditional healthcare facilities.
The primary categories of connected health personal medical devices include healthcare IT, health information exchange, and healthcare analytics. Healthcare IT involves the application of information technology within the healthcare sector to enhance patient care, streamline operational processes, and strengthen data protection. Key products in this market include insulin pumps, blood pressure monitors, portable GPS-enabled personal emergency response systems (PERS), glucose monitors, personal pulse oximeters, smart pill dispensers, and personal ECG devices. These tools utilize different connectivity options such as Bluetooth, Wi-Fi, cellular networks, and others. They are employed in various applications like chronic disease management, fitness and wellness, home healthcare, and more, serving a wide array of end users including hospitals, clinics, homecare settings, and others.
The connected health personal medical devices market research report is one of a series of new reports from The Business Research Company that provides connected health personal medical devices market statistics, including the connected health personal medical devices industry's global market size, regional shares, competitors with an connected health personal medical devices market share, detailed connected health personal medical devices market segments, market trends and opportunities, and any further data you may need to thrive in the connected health personal medical devices industry. This connected health personal medical devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The connected health personal medical devices market size has grown rapidly in recent years. It will grow from $39.67 billion in 2024 to $45.71 billion in 2025 at a compound annual growth rate (CAGR) of 15.2%. This growth during the historic period can be attributed to the increasing prevalence of chronic illnesses, rising aging population, greater smartphone accessibility, widespread use of health-related mobile apps, and the growing need for remote patient care.
The connected health personal medical devices market size is expected to see rapid growth in the next few years. It will grow to $80.00 billion in 2029 at a compound annual growth rate (CAGR) of 15.0%. Contributing factors to this future growth include the broader implementation of telehealth solutions, escalating healthcare expenses encouraging care at home, rising demand for instant health monitoring data, the rollout of 5G technology, supportive regulatory initiatives for digital health, and increased consumer interest in wellness monitoring. Prominent trends anticipated in the forecast period comprise the downsizing of medical devices, individualized health tracking, growth of subscription-based healthcare services, integration of AI-driven health analytics, and adoption of cloud-based systems for data management.
The increasing prevalence of chronic diseases is expected to drive the growth of the connected health personal medical devices market. Chronic diseases are long-term health conditions that progress gradually and require ongoing medical attention. This rise is partly attributed to sedentary lifestyles, as prolonged periods of inactivity contribute to the development of conditions such as cardiovascular disease and diabetes. Connected health personal medical devices support the management of chronic illnesses by providing real-time health monitoring, which makes them especially useful for managing conditions like hypertension and diabetes at home. These devices help reduce the need for frequent clinic visits by delivering continuous data and timely alerts, thereby improving patient convenience and outcomes. For example, in June 2024, the National Health Service (NHS) in the UK reported that 3,615,330 individuals registered with general practitioners had been diagnosed with non-diabetic hyperglycemia or pre-diabetes in 2023, representing an 18% increase from 3,065,825 cases in 2022. As a result, the growing burden of chronic diseases is contributing to the expansion of the connected health personal medical devices market.
Companies in the connected health personal medical devices market are increasingly focusing on the development of advanced in-home diagnostic systems to enhance preventive healthcare and user convenience. These systems allow individuals to monitor, test, and manage their health conditions from the comfort of their homes, reducing reliance on clinical visits. For instance, in January 2023, Withings, a health technology company based in France, introduced U-Scan, a hands-free in-home urine analysis system that fits inside a toilet bowl. This system uses a replaceable cartridge capable of performing daily tests for up to three months, analyzing essential hydration and nutrition biomarkers. It connects to a smartphone app to provide users with real-time insights and customized health recommendations. U-Scan is designed to make routine health monitoring seamless and non-invasive, encouraging proactive health management.
In September 2024, Veridian Healthcare LLC, a US-based medical devices company, acquired Zewa Inc. for an undisclosed amount. Through this acquisition, Veridian Healthcare significantly expanded its remote patient monitoring and telehealth offerings, particularly strengthening its portfolio of respiratory devices. Zewa Inc., also based in the US, specializes in connected health monitoring devices.
Major players in the connected health personal medical devices market are Johnson & Johnson, F. Hoffmann-La Roche AG, Abbott Laboratories, Medtronic plc, Siemens Healthineers, Stryker Corporation, Becton, Dickinson and Company (BD), GE HealthCare, Philips Healthcare, Omron Healthcare India Private Limited, Zebra Technologies India Private Limited, Masimo Corporation, Oura Health Oy, Whoop Inc., Withings, Eko Health Inc., TytoCare Ltd., AliveCor Inc., DarioHealth Corp., iHealth Labs Inc., Levels Health Inc., Samsung Electronics Co. Ltd., Biostrap, Muse, Aktiia, Ava Science Inc., Bloomlife Inc., Lief Therapeutics, Movano Health, Oxitone Medical Ltd., and Qardio Inc.
North America was the largest region in the connected health personal medical devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in connected health personal medical devices report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the connected health personal medical devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The connected health personal medical devices market consists of revenues earned by entities by providing services such as remote patient monitoring, real-time health data analytics, telehealth integration, personalized health alerts and recommendations, cloud-based health data storage, device maintenance and support, and mobile health application management. The market value includes the value of related goods sold by the service provider or included within the service offering. The connected health personal medical devices market also includes sales of wearable fitness trackers, smartwatches with health monitoring features, smart thermometers, digital inhalers, and other internet of things (IoT)-enabled diagnostic and therapeutic devices. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Connected Health Personal Medical Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on connected health personal medical devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for connected health personal medical devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The connected health personal medical devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.