Global Connected Healthcare Device Market 2023-2033 by Product (Medical Devices, Wellness Devices, Software & Services), Device Type (Wearable, Implantable, Stationary), Application (Remote Monitoring, Consultation and Diagnosis, Treatment, Fitness and Wellness), End User (Hospitals, Clinics, ASCs, Home Care), and Region: Trend Forecast and Growth Opportunity
Global connected healthcare device market will reach $338.6 billion by 2033, growing by 19.5% annually over 2023-2033. The growth is driven by the emergence of telehealth and telemedicine services, benefits such as reliability and effective patient monitoring, the penetration of mobile and internet technology, government initiatives, growing spending on R&D activities, and an increasing adoption of IT and IoT in healthcare.
Highlighted with 85 tables and 94 figures, this 189-page report “Global Connected Healthcare Device Market 2023-2033 by Product (Medical Devices, Wellness Devices, Software & Services), Device Type (Wearable, Implantable, Stationary), Application (Remote Monitoring, Consultation and Diagnosis, Treatment, Fitness and Wellness), End User (Hospitals, Clinics, ASCs, Home Care), and Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire global connected healthcare device market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global connected healthcare device market in every aspect of the classification from perspectives of Product, Device Type, Application, End User, and Region.
Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Medical Devices
o Blood Pressure Monitor
o Glucose Monitor
o Insulin Pump
o ECG Monitoring Device
o Pulse Oximeter
o Portable GPS PERS
o Smart Pill Dispenser
o Other Medical Devices
• Wellness Devices
o Body Analyzer
o Digital Pedometer
o GPS Sports Watch
o Heart Rate Monitor
o Sleep Quality Monitor
o Other Wellness Devices
• Software & Services
o Fitness & Wellness App
o Online Subscription
o Other Software & Services
Based on Device Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Wearable Devices
• Implantable Devices
• Stationary Devices
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Remote Monitoring
• Consultation and Diagnosis Services
• Treatment Services
• Fitness and Wellness Services
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2023-2033 included in each section.
• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers (ASCs)
• Home Care Settings
• Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and annual revenue ($ mn) are available for 2023-2033. The breakdown of all regional markets by country and the breakdown of each national market by Product, Device Type, and End User and Application over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Abbott Laboratories
Aerotel Medical System Ltd.
AgaMatrix, Inc.
Apple Inc.
BioTelemetry Inc.
Biotronik SE & Co. KG
Boston Scientific Corporation
DexCom Inc.
Draeger Medical Systems, Inc.
F. Hoffmann-La Roche AG
Fitbit, Inc.
Garmin Ltd.
GE Healthcare
Honeywell International Inc.
IHealth Labs (Subsidiary of Andon Health)
Johnson & Johnson
Koninklijke Philips NV
McKesson Corporation
Medtronic PLC
NXP Semiconductors NV
Omron Healthcare Inc.
Phillips Healthcare Company
Siemens Healthcare Private Limited
Stanley Healthcare
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict 30
2.1.4 Impact of Israel-Palestine War 32
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 37
2.4 Emerging Opportunities and Market Trends 40
2.5 Porter’s Fiver Forces Analysis 44
3 Segmentation of Global Market by Product 48
3.1 Market Overview by Product 48
3.2 Medical Devices 50
3.2.1 Blood Pressure Monitor 52
3.2.2 Glucose Monitor 53
3.2.3 Insulin Pump 54
3.2.4 ECG Monitoring Device 55
3.2.5 Pulse Oximeter 56
3.2.6 Portable GPS PERS 57
3.2.7 Smart Pill Dispenser 58
3.2.8 Other Medical Devices 59
3.3 Wellness Devices 60
3.3.1 Body Analyzer 62
3.3.2 Digital Pedometer 63
3.3.3 GPS Sports Watch 64
3.3.4 Heart Rate Monitor 65
3.3.5 Sleep Quality Monitor 66
3.3.6 Other Wellness Devices 67
3.4 Software & Services 68
3.4.1 Fitness & Wellness App 69
3.4.2 Online Subscription 70
3.4.3 Other Software & Services 71
4 Segmentation of Global Market by Device Type 72
4.1 Market Overview by Device Type 72
4.2 Wearable Devices 74
4.3 Implantable Devices 75
4.4 Stationary Devices 76
5 Segmentation of Global Market by Application 77
5.1 Market Overview by Application 77
5.2 Remote Monitoring 79
5.3 Consultation and Diagnosis Services 80
5.4 Treatment Services 81
5.5 Fitness and Wellness Services 82
6 Segmentation of Global Market by End User 83
6.1 Market Overview by End User 83
6.2 Hospitals 85
6.3 Specialty Clinics 86
6.4 Ambulatory Surgical Centers (ASCs) 87
6.5 Home Care Settings 88
6.6 Other End Users 89
7 Segmentation of Global Market by Region 90
7.1 Geographic Market Overview 2023-2033 90
7.2 North America Market 2023-2033 by Country 94
7.2.1 Overview of North America Market 94
7.2.2 U.S. 98
7.2.3 Canada 101
7.2.4 Mexico 103
7.3 European Market 2023-2033 by Country 105
7.3.1 Overview of European Market 105
7.3.2 Germany 109
7.3.3 U.K. 111
7.3.4 France 113
7.3.5 Spain 115
7.3.6 Italy 117
7.3.7 Netherlands 119
7.3.8 Rest of European Market 121
7.4 Asia-Pacific Market 2023-2033 by Country 123
7.4.1 Overview of Asia-Pacific Market 123
7.4.2 Japan 127
7.4.3 China 130
7.4.4 Australia 132
7.4.5 India 134
7.4.6 South Korea 136
7.4.7 Rest of APAC Region 138
7.5 South America Market 2023-2033 by Country 140
7.5.1 Argentina 143
7.5.2 Brazil 145
7.5.3 Chile 147
7.5.4 Rest of South America Market 149
7.6 MEA Market 2023-2033 by Country 150
7.6.1 UAE 153
7.6.2 Saudi Arabia 155
7.6.3 South Africa 157
7.6.4 Other National Markets 159
8 Competitive Landscape 160
8.1 Overview of Key Vendors 160
8.2 New Product Launch, Partnership, Investment, and M&A 163
8.3 Company Profiles 164
Abbott Laboratories 164
Aerotel Medical System Ltd. 166
AgaMatrix, Inc. 167
Apple Inc. 168
BioTelemetry Inc. 169
Biotronik SE & Co. KG 170
Boston Scientific Corporation 171
DexCom Inc. 172
Draeger Medical Systems, Inc. 173
F. Hoffmann-La Roche AG 174
Fitbit, Inc. 175
Garmin Ltd. 176
GE Healthcare 177
Honeywell International Inc. 178
IHealth Labs (Subsidiary of Andon Health) 179
Johnson & Johnson 180
Koninklijke Philips NV 181
McKesson Corporation 182
Medtronic PLC 183
NXP Semiconductors NV 184
Omron Healthcare Inc. 185
Phillips Healthcare Company 186
Siemens Healthcare Private Limited 187
Stanley Healthcare 188
RELATED REPORTS 189
List of Tables:
Table 1. Snapshot of Global Connected Healthcare Device Market in Balanced Perspective, 2023-2033 20
Table 2. World Economic Outlook, 2024-2036 25
Table 3. World Economic Outlook, 2022-2024 27
Table 4. Scenarios for Economic Impact of Ukraine Crisis 31
Table 5. Scenarios for Economic Impact of Israel-Palestine War 32
Table 6. Main Product Trends and Market Opportunities in Global Connected Healthcare Device Market 40
Table 7. Global Connected Healthcare Device Market by Product, 2023-2033, $ mn 48
Table 8. Global Connected Healthcare Device Market: Medical Devices by Type, 2023-2033, $ mn 51
Table 9. Global Connected Healthcare Device Market: Wellness Devices by Type, 2023-2033, $ mn 61
Table 10. Global Connected Healthcare Device Market: Software & Services by Type, 2023-2033, $ mn 68
Table 11. Global Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 72
Table 12. Global Connected Healthcare Device Market by Application, 2023-2033, $ mn 77
Table 13. Global Connected Healthcare Device Market by End User, 2023-2033, $ mn 83
Table 14. Global Connected Healthcare Device Market by Region, 2023-2033, $ mn 91
Table 15. Leading National Connected Healthcare Device Market, 2023 and 2033, $ mn 93
Table 16. North America Connected Healthcare Device Market by Country, 2023-2033, $ mn 96
Table 17. U.S. Connected Healthcare Device Market by Product, 2023-2033, $ mn 100
Table 18. U.S. Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 100
Table 19. U.S. Connected Healthcare Device Market by End User, 2023-2033, $ mn 100
Table 20. Canada Connected Healthcare Device Market by Product, 2023-2033, $ mn 102
Table 21. Canada Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 102
Table 22. Canada Connected Healthcare Device Market by End User, 2023-2033, $ mn 102
Table 23. Mexico Connected Healthcare Device Market by Product, 2023-2033, $ mn 104
Table 24. Mexico Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 104
Table 25. Mexico Connected Healthcare Device Market by End User, 2023-2033, $ mn 104
Table 26. Europe Connected Healthcare Device Market by Country, 2023-2033, $ mn 108
Table 27. Germany Connected Healthcare Device Market by Product, 2023-2033, $ mn 110
Table 28. Germany Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 110
Table 29. Germany Connected Healthcare Device Market by End User, 2023-2033, $ mn 110
Table 30. U.K. Connected Healthcare Device Market by Product, 2023-2033, $ mn 112
Table 31. U.K. Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 112
Table 32. U.K. Connected Healthcare Device Market by End User, 2023-2033, $ mn 112
Table 33. France Connected Healthcare Device Market by Product, 2023-2033, $ mn 114
Table 34. France Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 114
Table 35. France Connected Healthcare Device Market by End User, 2023-2033, $ mn 114
Table 36. Spain Connected Healthcare Device Market by Product, 2023-2033, $ mn 116
Table 37. Spain Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 116
Table 38. Spain Connected Healthcare Device Market by End User, 2023-2033, $ mn 116
Table 39. Italy Connected Healthcare Device Market by Product, 2023-2033, $ mn 118
Table 40. Italy Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 118
Table 41. Italy Connected Healthcare Device Market by End User, 2023-2033, $ mn 118
Table 42. Netherlands Connected Healthcare Device Market by Product, 2023-2033, $ mn 120
Table 43. Netherlands Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 120
Table 44. Netherlands Connected Healthcare Device Market by End User, 2023-2033, $ mn 120
Table 45. Connected Healthcare Device Market in Rest of Europe by Country, 2023-2033, $ mn 122
Table 46. APAC Connected Healthcare Device Market by Country, 2023-2033, $ mn 125
Table 47. Japan Connected Healthcare Device Market by Product, 2023-2033, $ mn 129
Table 48. Japan Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 129
Table 49. Japan Connected Healthcare Device Market by End User, 2023-2033, $ mn 129
Table 50. China Connected Healthcare Device Market by Product, 2023-2033, $ mn 131
Table 51. China Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 131
Table 52. China Connected Healthcare Device Market by End User, 2023-2033, $ mn 131
Table 53. Australia Connected Healthcare Device Market by Product, 2023-2033, $ mn 133
Table 54. Australia Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 133
Table 55. Australia Connected Healthcare Device Market by End User, 2023-2033, $ mn 133
Table 56. India Connected Healthcare Device Market by Product, 2023-2033, $ mn 135
Table 57. India Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 135
Table 58. India Connected Healthcare Device Market by End User, 2023-2033, $ mn 135
Table 59. South Korea Connected Healthcare Device Market by Product, 2023-2033, $ mn 137
Table 60. South Korea Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 137
Table 61. South Korea Connected Healthcare Device Market by End User, 2023-2033, $ mn 137
Table 62. Connected Healthcare Device Market in Rest of APAC by Country/Region, 2023-2033, $ mn 139
Table 63. South America Connected Healthcare Device Market by Country, 2023-2033, $ mn 142
Table 64. Argentina Connected Healthcare Device Market by Product, 2023-2033, $ mn 144
Table 65. Argentina Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 144
Table 66. Argentina Connected Healthcare Device Market by End User, 2023-2033, $ mn 144
Table 67. Brazil Connected Healthcare Device Market by Product, 2023-2033, $ mn 146
Table 68. Brazil Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 146
Table 69. Brazil Connected Healthcare Device Market by End User, 2023-2033, $ mn 146
Table 70. Chile Connected Healthcare Device Market by Product, 2023-2033, $ mn 148
Table 71. Chile Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 148
Table 72. Chile Connected Healthcare Device Market by End User, 2023-2033, $ mn 148
Table 73. MEA Connected Healthcare Device Market by Country, 2023-2033, $ mn 152
Table 74. UAE Connected Healthcare Device Market by Product, 2023-2033, $ mn 154
Table 75. UAE Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 154
Table 76. UAE Connected Healthcare Device Market by End User, 2023-2033, $ mn 154
Table 77. Saudi Arabia Connected Healthcare Device Market by Product, 2023-2033, $ mn 156
Table 78. Saudi Arabia Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 156
Table 79. Saudi Arabia Connected Healthcare Device Market by End User, 2023-2033, $ mn 156
Table 80. South Africa Connected Healthcare Device Market by Product, 2023-2033, $ mn 158
Table 81. South Africa Connected Healthcare Device Market by Device Type, 2023-2033, $ mn 158
Table 82. South Africa Connected Healthcare Device Market by End User, 2023-2033, $ mn 158
Table 83. Abbott Laboratories: Company Snapshot 164
Table 84. Abbott Laboratories: Business Segmentation 165
Table 85. Abbott Laboratories: Product Portfolio 165
List of Figures:
Figure 1. Research Method Flow Chart 14
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 17
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 19
Figure 4. Industry Value Chain Analysis 22
Figure 5. Global Connected Healthcare Device Market, 2023-2033, $ mn 23
Figure 6. Impact of COVID-19 on Business 28
Figure 7. Primary Drivers and Impact Factors of Global Connected Healthcare Device Market 33
Figure 8. The Benefits of Connected Medical Devices 36
Figure 9. World Industrial IoT Market, 2019-2030, $ mn 36
Figure 10. Primary Restraints and Impact Factors of Global Connected Healthcare Device Market 37
Figure 11. Investment Opportunity Analysis 41
Figure 12. Porter’s Fiver Forces Analysis of Global Connected Healthcare Device Market 44
Figure 13. Breakdown of Global Connected Healthcare Device Market by Product, 2023-2033, % of Revenue 49
Figure 14. Global Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 49
Figure 15. Global Connected Healthcare Device Market by Product: Medical Devices, 2023-2033, $ mn 50
Figure 16. Global Connected Healthcare Device Market by Medical Devices: Blood Pressure Monitor, 2023-2033, $ mn 52
Figure 17. Global Connected Healthcare Device Market by Medical Devices: Glucose Monitor, 2023-2033, $ mn 53
Figure 18. Global Connected Healthcare Device Market by Medical Devices: Insulin Pump, 2023-2033, $ mn 54
Figure 19. Global Connected Healthcare Device Market by Medical Devices: ECG Monitoring Device, 2023-2033, $ mn 55
Figure 20. Global Connected Healthcare Device Market by Medical Devices: Pulse Oximeter, 2023-2033, $ mn 56
Figure 21. Global Connected Healthcare Device Market by Medical Devices: Portable GPS PERS, 2023-2033, $ mn 57
Figure 22. Global Connected Healthcare Device Market by Medical Devices: Smart Pill Dispenser, 2023-2033, $ mn 58
Figure 23. Global Connected Healthcare Device Market by Medical Devices: Other Medical Devices, 2023-2033, $ mn 59
Figure 24. Global Connected Healthcare Device Market by Product: Wellness Devices, 2023-2033, $ mn 60
Figure 25. Global Connected Healthcare Device Market by Wellness Devices: Body Analyzer, 2023-2033, $ mn 62
Figure 26. Global Connected Healthcare Device Market by Wellness Devices: Digital Pedometer, 2023-2033, $ mn 63
Figure 27. Global Connected Healthcare Device Market by Wellness Devices: GPS Sports Watch, 2023-2033, $ mn 64
Figure 28. Global Connected Healthcare Device Market by Wellness Devices: Heart Rate Monitor, 2023-2033, $ mn 65
Figure 29. Global Connected Healthcare Device Market by Wellness Devices: Sleep Quality Monitor, 2023-2033, $ mn 66
Figure 30. Global Connected Healthcare Device Market by Wellness Devices: Other Wellness Devices, 2023-2033, $ mn 67
Figure 31. Global Connected Healthcare Device Market by Product: Software & Services, 2023-2033, $ mn 68
Figure 32. Global Connected Healthcare Device Market by Software & Services: Fitness & Wellness App, 2023-2033, $ mn 69
Figure 33. Global Connected Healthcare Device Market by Software & Services: Online Subscription, 2023-2033, $ mn 70
Figure 34. Global Connected Healthcare Device Market by Product: Other Software & Services, 2023-2033, $ mn 71
Figure 35. Breakdown of Global Connected Healthcare Device Market by Device Type, 2023-2033, % of Sales Revenue 73
Figure 36. Global Addressable Market Cap in 2024-2033 by Device Type, Value ($ mn) and Share (%) 73
Figure 37. Global Connected Healthcare Device Market by Device Type: Wearable Devices, 2023-2033, $ mn 74
Figure 38. Global Connected Healthcare Device Market by Device Type: Implantable Devices, 2023-2033, $ mn 75
Figure 39. Global Connected Healthcare Device Market by Device Type: Stationary Devices, 2023-2033, $ mn 76
Figure 40. Breakdown of Global Connected Healthcare Device Market by Application, 2023-2033, % of Sales Revenue 78
Figure 41. Global Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 78
Figure 42. Global Connected Healthcare Device Market by Application: Remote Monitoring, 2023-2033, $ mn 79
Figure 43. Global Connected Healthcare Device Market by Application: Consultation and Diagnosis Services, 2023-2033, $ mn 80
Figure 44. Global Connected Healthcare Device Market by Application: Treatment Services, 2023-2033, $ mn 81
Figure 45. Global Connected Healthcare Device Market by Application: Fitness and Wellness Services, 2023-2033, $ mn 82
Figure 46. Breakdown of Global Connected Healthcare Device Market by End User, 2023-2033, % of Revenue 84
Figure 47. Global Addressable Market Cap in 2024-2033 by End User, Value ($ mn) and Share (%) 84
Figure 48. Global Connected Healthcare Device Market by End User: Hospitals, 2023-2033, $ mn 85
Figure 49. Global Connected Healthcare Device Market by End User: Specialty Clinics, 2023-2033, $ mn 86
Figure 50. Global Connected Healthcare Device Market by End User: Ambulatory Surgical Centers (ASCs), 2023-2033, $ mn 87
Figure 51. Global Connected Healthcare Device Market by End User: Home Care Settings, 2023-2033, $ mn 88
Figure 52. Global Connected Healthcare Device Market by End User: Other End Users, 2023-2033, $ mn 89
Figure 53. Global Market Snapshot by Region 90
Figure 54. Geographic Spread of Worldwide Connected Healthcare Device Market, 2023-2033, % of Sales Revenue 91
Figure 55. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%) 92
Figure 56. North American Connected Healthcare Device Market, 2023-2033, $ mn 95
Figure 57. Breakdown of North America Connected Healthcare Device Market by Country, 2023 and 2033, % of Revenue 96
Figure 58. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 97
Figure 59. U.S. Connected Healthcare Device Market, 2023-2033, $ mn 99
Figure 60. Canada Connected Healthcare Device Market, 2023-2033, $ mn 101
Figure 61. Connected Healthcare Device Market in Mexico, 2023-2033, $ mn 103
Figure 62. European Connected Healthcare Device Market, 2023-2033, $ mn 106
Figure 63. Breakdown of European Connected Healthcare Device Market by Country, 2023 and 2033, % of Revenue 107
Figure 64. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 108
Figure 65. Connected Healthcare Device Market in Germany, 2023-2033, $ mn 109
Figure 66. Connected Healthcare Device Market in U.K., 2023-2033, $ mn 111
Figure 67. Connected Healthcare Device Market in France, 2023-2033, $ mn 113
Figure 68. Connected Healthcare Device Market in Spain, 2023-2033, $ mn 115
Figure 69. Connected Healthcare Device Market in Italy, 2023-2033, $ mn 117
Figure 70. Connected Healthcare Device Market in Netherlands, 2023-2033, $ mn 119
Figure 71. Connected Healthcare Device Market in Rest of Europe, 2023-2033, $ mn 121
Figure 72. Asia-Pacific Connected Healthcare Device Market, 2023-2033, $ mn 124
Figure 73. Breakdown of APAC Connected Healthcare Device Market by Country, 2023 and 2033, % of Revenue 124
Figure 74. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 126
Figure 75. Connected Healthcare Device Market in Japan, 2023-2033, $ mn 128
Figure 76. Connected Healthcare Device Market in China, 2023-2033, $ mn 130
Figure 77. Connected Healthcare Device Market in Australia, 2023-2033, $ mn 132
Figure 78. Connected Healthcare Device Market in India, 2023-2033, $ mn 134
Figure 79. Connected Healthcare Device Market in South Korea, 2023-2033, $ mn 136
Figure 80. Connected Healthcare Device Market in Rest of APAC, 2023-2033, $ mn 138
Figure 81. South America Connected Healthcare Device Market, 2023-2033, $ mn 141
Figure 82. Breakdown of South America Connected Healthcare Device Market by Country, 2023 and 2033, % of Revenue 141
Figure 83. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 142
Figure 84. Connected Healthcare Device Market in Argentina, 2023-2033, $ mn 143
Figure 85. Connected Healthcare Device Market in Brazil, 2023-2033, $ mn 145
Figure 86. Connected Healthcare Device Market in Chile, 2023-2033, $ mn 147
Figure 87. Connected Healthcare Device Market in Rest of South America, 2023-2033, $ mn 149
Figure 88. Connected Healthcare Device Market in Middle East and Africa (MEA), 2023-2033, $ mn 151
Figure 89. Breakdown of MEA Connected Healthcare Device Market by Country, 2023 and 2033, % of Revenue 151
Figure 90. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 152
Figure 91. Connected Healthcare Device Market in UAE, 2023-2033, $ mn 153
Figure 92. Connected Healthcare Device Market in Saudi Arabia, 2023-2033, $ mn 155
Figure 93. Connected Healthcare Device Market in South Africa, 2023-2033, $ mn 157
Figure 94. Growth Stage of Global Connected Healthcare Device Industry over the Forecast Period 160
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
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| Total Market |
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