Connected Healthcare Market Report 2026

The connected healthcare market size has grown exponentially in recent years. It will grow from $194.52 billion in 2025 to $251.94 billion in 2026 at a compound annual growth rate (CAGR) of 29.5%. The growth in the historic period can be attributed to rising chronic disease burden, healthcare access limitations, hospital capacity constraints, increasing digital penetration, demand for cost-effective care.

The connected healthcare market size is expected to see exponential growth in the next few years. It will grow to $701.46 billion in 2030 at a compound annual growth rate (CAGR) of 29.2%. The growth in the forecast period can be attributed to growth in connected medical devices, increasing healthcare digitalization, rising telehealth acceptance, aging population needs, focus on value-based care. Major trends in the forecast period include expansion of remote patient monitoring solutions, rapid growth of telemedicine services, increasing integration of wearable health devices, shift toward preventive and predictive care, rising adoption of home-based healthcare models.

The increase in healthcare expenditure is expected to support the growth of the connected healthcare market in the coming years. Healthcare expenditure refers to the total financial resources allocated to healthcare services, treatments, and medical products within a particular healthcare system or region. Higher healthcare spending drives demand for connected healthcare by providing the necessary funding to invest in technology, data security, research and development, and the infrastructure required to deploy connected healthcare solutions. For example, in June 2025, according to the Centers for Medicare & Medicaid Services, a US-based government agency, national health expenditures rose by 7.5% in 2023 to reach $4.9 trillion, averaging $14,570 per person and accounting for 17.6% of the Gross Domestic Product (GDP). Medicare spending increased by 8.1% to $1.02 trillion, representing 21% of total national health expenditures. Therefore, rising healthcare expenditures are contributing to the expansion of the connected healthcare market.

Leading companies operating in the connected healthcare market are concentrating on the development of technologically advanced solutions such as the ZAIDYN Connected Health platform to strengthen remote patient monitoring capabilities and improve healthcare outcomes. ZAIDYN Connected Health supports pharmaceutical companies, healthcare providers, and payers by enabling innovation to better identify unmet needs, enhance patient engagement, and improve overall health outcomes. For instance, in October 2023, ZS Associates Group, Inc., a US-based management consulting and technology firm, introduced the AI-powered ZAIDYN Connected Health solution as part of the ZAIDYN by ZS platform. The solution offers three product suites designed to close gaps in healthcare delivery and support a patient-centric future, including health insights, patient engagement, and connected research.

In January 2023, Medtronic, a US-based global medical technology company, acquired Mazor Robotics for approximately $1.7 billion. This acquisition was intended to strengthen Medtronic’s surgical robotics portfolio and broaden its capabilities within the neurosurgery market. Mazor Robotics is an Israel-based medical device company that specializes in robotic-assisted surgical solutions.

Major companies operating in the connected healthcare market are Allscripts Healthcare Solutions Inc., Cerner Corporation, Koninklijke Philips N.V., International Business Machines Corporation, AirStrip Technologies LP, AgaMatrix Holdings LLC, AliveCor Inc., Apple Inc., Athenahealth Inc., Boston Scientific Corporation, GE Healthcare, Medtronic plc, Microsoft Corporation, Qualcomm Incorporated, Systems Applications and Products in Data Processing (SAP), Oracle Corporation, Accenture plc, Honeywell Life Care Solutions, Persistent Systems Limited, Sanofi S.A., Vivify Health Inc., Entia Ltd., GlaxoSmithKline plc, NeuroFlow Inc., Butterfly Network Inc., OneRail, Evidation Health Inc., DarioHealth Corp., Pixium Vision SA, Stanley Healthcare Solutions.

North America was the largest region in the connected healthcare market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the connected healthcare market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the connected healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs are impacting the connected healthcare market by increasing costs of imported sensors, wearable devices, communication modules, and digital health infrastructure components. Hospitals and home monitoring providers in North America and Europe are most affected due to reliance on imported hardware, while Asia-Pacific faces higher device production costs. These tariffs are slowing deployment in some segments. However, they are also driving domestic manufacturing, regional device ecosystems, and strengthened healthcare technology supply chains.

The connected healthcare market research report is one of a series of new reports that provides connected healthcare market statistics, including connected healthcare industry global market size, regional shares, competitors with a connected healthcare market share, detailed connected healthcare market segments, market trends and opportunities, and any further data you may need to thrive in the connected healthcare industry. This connected healthcare market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Connected healthcare refers to a technology-enabled system that connects devices, services, and healthcare providers to enable seamless sharing of health data. It supports improved patient care through real-time monitoring, remote diagnosis, and personalized treatment approaches.

The primary types of connected healthcare include e-prescription, mHealth services, and mHealth devices. An e-prescription is a digital form of prescription that replaces traditional handwritten prescriptions and is used to transmit prescription information to patients, physicians, or other healthcare professionals during treatment. E-prescriptions improve prescribing practices by increasing accuracy and reducing writing-related errors. Key connected healthcare functions include remote patient monitoring, clinical monitoring, telemedicine, and others. The applications of connected healthcare span monitoring applications, diagnosis and treatment, education and awareness, healthcare management and wellness, and prevention, and these solutions are utilized by end users such as hospitals and clinics, as well as for home monitoring.

The connected healthcare market includes revenues earned by entities by providing healthcare products and services that combine health, technology, and mobile telecommunications. Connected healthcare enables hospitals, clinics, and other healthcare service providers to provide care remotely. It also ensures that doctors, patients, and family members access critical health information. 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 that 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.

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