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    US Connected Healthcare Market

    ID: MRFR/HC/54970-HCR
    128 Pages
    Rahul Gotadki
    September 2025

    US Connected Healthcare Market Research Report By Type (M-Health Services, M-Health Devices, E-Prescription) and By Application (Monitoring, Diagnosis, Treatment, Education, Awareness, Healthcare Management, Wellness, Prevention) - Forecast to 2035

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    US Connected Healthcare Market Research Report - Forecast to 2035 Infographic
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    US Connected Healthcare Market Summary

    The US Connected Healthcare market is projected to grow significantly from 19.2 USD Million in 2024 to 86.4 USD Million by 2035.

    Key Market Trends & Highlights

    US Connected Healthcare Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 14.65 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 86.4 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 19.2 USD Million, reflecting a strong starting point for future expansion.
    • Growing adoption of connected healthcare technologies due to increasing demand for remote patient monitoring is a major market driver.

    Market Size & Forecast

    2024 Market Size 19.2 (USD Million)
    2035 Market Size 86.4 (USD Million)
    CAGR (2025-2035) 14.65%

    Major Players

    Anthem, Philips Healthcare, Medtronic, Cerner, Teladoc Health, Cigna, Siemens Healthineers, Epic Systems, Aetna, Allscripts, McKesson, UnitedHealth Group, IBM Watson Health, Roche Diagnostics, GE Healthcare

    US Connected Healthcare Market Trends

    A number of important market factors are causing a major shift in the US connected healthcare sector. By enabling telehealth services and remote patient monitoring, wearable technology and rising smartphone adoption have completely changed the way healthcare is delivered.

    Healthcare providers are adopting connected healthcare solutions that improve patient engagement and results in response to the increase in chronic diseases. The market's growth was also accelerated by the COVID-19 pandemic, which sparked a move towards digital health solutions and led to governmental changes and regulatory support for telemedicine and virtual healthcare.

    The market is full with opportunities, especially given the aging population and the rising need for individualized care. Health systems are looking into ways to improve decision-making by integrating advanced analytics and streamlining patient data management.

    In order to develop cutting-edge platforms and applications that meet the various demands of patients, new alliances between digital firms and healthcare providers are starting to form. Recently, US firms have been concentrating on diversifying their product lines by integrating machine learning and artificial intelligence into linked healthcare products.

    Improved diagnostic skills, predictive analytics, and individualized treatment regimens that improve patient experiences are the results of this trend. Wearables that provide proactive health insights in addition to tracking health data are becoming more and more popular.

    Interoperability across healthcare systems and devices is still crucial as the healthcare landscape changes, setting up the US market for future development and better healthcare delivery.

    Market Segment Insights

    Connected Healthcare Market Type Insights

    The US Connected Healthcare Market has been experiencing notable growth, with a strong focus on different segments classified under the Type category, which includes M-Health Services, M-Health Devices, and E-Prescription.

    M-Health Services facilitate a new avenue for healthcare delivery, allowing for remote monitoring and consultations that significantly improve patient engagement and healthcare access, especially in the wake of a rapidly aging population and increasing chronic diseases in the United States.

    This segment has emerged as a preferable choice for both patients and healthcare providers, leading to better management of health outcomes. Meanwhile, M-Health Devices have gained traction as an integral part of the healthcare ecosystem, incorporating wearables and mobile applications that track vital signs and overall wellness, effectively harnessing technology to promote healthier lifestyles for users.

    These devices serve as valuable tools in preventive care, empowering consumers to take charge of their health, thus driving their popularity. E-Prescription is another critical segment transforming the way medications are administered, allowing for seamless communication between healthcare providers and pharmacies.

    This segment reduces prescription errors, enhances medication adherence, and streamlines pharmacy processes, thus contributing to safer patient experiences and overall healthcare efficiency.

    Connected Healthcare Market Application Insights

    The US Connected Healthcare Market, particularly in the Application segment, is experiencing substantial growth and transformation, shaping the way healthcare services are delivered. With an increasing focus on patient-centered care, Monitoring and Diagnosis applications are crucial for early detection and management of health conditions, significantly improving patient outcomes.

    The Treatment segment is evolving with advanced technology integration, enhancing therapeutic effectiveness and patient compliance. Education and Awareness applications play a vital role in empowering patients, providing them with essential information regarding health management.

    Additionally, Healthcare Management solutions streamline operations and improve service delivery within healthcare facilities, contributing to operational efficiency. The Wellness and Prevention categories emphasize proactive health measures, reflecting a significant shift towards preventive care in the US.

    This growing interest in maintaining health rather than just treating illness denotes a paradigm change in outlook towards healthcare. The combination of these applications showcases the versatility and extensive reach of the US Connected Healthcare Market, indicating a robust infrastructure poised to leverage data for health improvement and management across diverse demographics.

    Get more detailed insights about US Connected Healthcare Market Research Report - Forecast to 2035

    Key Players and Competitive Insights

    The US Connected Healthcare Market is experiencing significant growth driven by advancements in digital health technologies and rising demand for integrated healthcare solutions. This market encompasses a wide range of applications, leveraging the Internet of Things (IoT), cloud computing, mobile health apps, and telehealth services.

    The competitive landscape is characterized by the presence of major players and emerging startups, all striving to enhance patient outcomes, streamline healthcare delivery, and improve access to medical services.

    Companies are increasingly focusing on partnerships, collaborations, and technological innovations to maintain their competitive edge. As healthcare providers, payers, and consumers become more interconnected through technology, the competitive dynamics in the market continue to evolve, presenting both challenges and opportunities for sustained growth.

    Anthem is a prominent player in the US Connected Healthcare Market, recognized for its strong presence in health insurance and technology-driven solutions. The company leverages its extensive network of health plans and partnerships to provide integrated healthcare services to millions of members across the nation.

    Anthem's strengths lie in its robust data analytics capabilities, enabling it to offer personalized care management solutions and improved patient engagement. By investing in telehealth and other digital health platforms, Anthem aims to enhance the accessibility of healthcare services while fostering healthier communities.

    The company's strategic focus on population health management and value-based care distinguishes it as a critical player in transforming the healthcare landscape in the US.

    Philips Healthcare operates as a key innovator in the US Connected Healthcare Market, focusing on delivering advanced health technology solutions. The company offers a wide array of products and services, including imaging systems, patient monitoring, and health informatics, all aimed at improving patient care and operational efficiency.

    Philips Healthcare’s strengths stem from its investment in research and development, ensuring the launch of cutting-edge solutions that meet the evolving demands of healthcare providers. The company has a strong market presence, bolstered by strategic mergers and acquisitions that enhance its portfolio and capabilities in connected health.

    By integrating data analytics and artificial intelligence into its products, Philips Healthcare is well-positioned to empower healthcare professionals and elevate patient outcomes in the US market. The company continues to focus on collaboration with healthcare stakeholders to drive innovations in connected care, further solidifying its role within this competitive landscape.

    Key Companies in the US Connected Healthcare Market market include

    Industry Developments

    Recent developments in the US Connected Healthcare Market have seen a significant emphasis on telehealth services, particularly following the COVID-19 pandemic. Companies like Teladoc Health have surged in usage as patients turned to virtual consultations, while Anthem and Cigna have expanded their offerings to enhance remote patient monitoring.

    In September 2023, Medtronic announced a strategic partnership with IBM Watson Health aimed at improving diabetes management solutions. Meanwhile, in October 2023, Epic Systems reported a major update to their electronic health record system, focusing on interoperability features to streamline data sharing across platforms.

    The growth of the market has also led to notable mergers; Siemens Healthineers acquired a digital health startup in July 2023 to enhance its software capabilities. As of 2023, the US Connected Healthcare Market is projected to exceed USD 100 billion in valuation, enabling companies such as GE Healthcare and Roche Diagnostics to invest further in innovative healthcare solutions.

    This boom is driven by the increasing demand for efficient health services and the integration of innovative technologies, ensuring a streamlined healthcare infrastructure across the nation.

    Market Segmentation

    Connected Healthcare Market Type Outlook

    • M-Health Services
    • M-Health Devices
    • E-Prescription

    Connected Healthcare Market Application Outlook

    • Monitoring
    • Diagnosis
    • Treatment
    • Education
    • Awareness
    • Healthcare Management
    • Wellness
    • Prevention

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 14.73(USD Million)
    Market Size 2024 19.2(USD Million)
    Market Size 2035 86.4(USD Million)
    Compound Annual Growth Rate (CAGR) 14.652% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Anthem, Philips Healthcare, Medtronic, Cerner, Teladoc Health, Cigna, Siemens Healthineers, Epic Systems, Aetna, Allscripts, McKesson, UnitedHealth Group, IBM Watson Health, Roche Diagnostics, GE Healthcare
    Segments Covered Type, Application
    Key Market Opportunities Telehealth expansion, Remote patient monitoring, AI-driven diagnostics, Wearable health technology, Integration of IoT devices
    Key Market Dynamics increased demand for telehealth services, advancements in wearable technology, government support and funding, growing focus on patient engagement, integration of AI in healthcare
    Countries Covered US

    FAQs

    What was the market size of the US Connected Healthcare Market in 2024?

    The US Connected Healthcare Market was valued at 19.2 million USD in 2024.

    What will be the projected value of the US Connected Healthcare Market by 2035?

    By 2035, the market is anticipated to reach a value of 86.4 million USD.

    What is the expected compound annual growth rate (CAGR) for the US Connected Healthcare Market from 2025 to 2035?

    The expected CAGR for the US Connected Healthcare Market from 2025 to 2035 is 14.652%.

    Which companies are considered major players in the US Connected Healthcare Market?

    Major players in the market include Anthem, Philips Healthcare, Medtronic, Cerner, and Teladoc Health.

    What was the market value for M-Health Services in 2024?

    In 2024, the value for M-Health Services within the market was 8.0 million USD.

    How much is the M-Health Devices segment projected to be worth by 2035?

    The M-Health Devices segment is projected to reach a value of 28.8 million USD by 2035.

    What was the market size for E-Prescription in 2024?

    The E-Prescription segment was valued at 4.8 million USD in 2024.

    What growth opportunities exist within the US Connected Healthcare Market?

    Growth opportunities in the market include the increasing adoption of telehealth and advancements in mobile health technologies.

    How will competition impact the US Connected Healthcare Market?

    With prominent competitors, innovation in service delivery will significantly shape the competitive landscape of the market.

    What challenges does the US Connected Healthcare Market face?

    Challenges in the market include regulatory complexities and concerns over data privacy and security.

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