The global market for Connected Health and Wellness Solutions was estimated at US$64.3 Billion in 2024 and is projected to reach US$203.8 Billion by 2030, growing at a CAGR of 21.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Connected Health and Wellness Solutions market.
Global Connected Health and Wellness Solutions Market - Key Trends & Drivers Summarized
Why Is the Demand for Connected Health and Wellness Solutions Surging?
The growing emphasis on preventive healthcare and patient-centric medical solutions has driven a significant surge in the adoption of connected health and wellness solutions. These solutions integrate digital technologies such as wearable devices, remote patient monitoring (RPM), telehealth platforms, and mobile health applications to enhance healthcare accessibility, personalization, and efficiency. With the increasing prevalence of chronic diseases, aging populations, and rising healthcare costs, consumers and healthcare providers are turning to digital health solutions to manage conditions proactively and reduce hospital visits. The COVID-19 pandemic accelerated the adoption of connected health technologies, shifting the healthcare paradigm toward telemedicine and virtual consultations. Patients and doctors increasingly rely on digital platforms for remote diagnostics, continuous health monitoring, and data-driven treatment plans. The convenience, affordability, and efficiency of connected health systems have led to their widespread acceptance, positioning them as a critical component of the future healthcare ecosystem. As digital literacy and internet penetration continue to grow, connected health solutions are becoming more accessible, leading to sustained market expansion.How Are Wearables and IoT Transforming Personal Healthcare?
Wearable technology has revolutionized personal healthcare by enabling real-time health tracking and continuous biometric monitoring. Devices such as smartwatches, fitness trackers, and biosensors provide valuable insights into heart rate, blood pressure, oxygen levels, sleep patterns, and physical activity, allowing users to make informed lifestyle and health-related decisions. These innovations are increasingly integrated with artificial intelligence (AI) and machine learning algorithms, enhancing predictive healthcare capabilities and early disease detection. The Internet of Things (IoT) plays a crucial role in connected health by enabling seamless data exchange between wearable devices, mobile applications, and healthcare providers. Connected devices transmit patient health data to cloud-based platforms, allowing doctors to monitor patients remotely and intervene promptly when necessary. This ecosystem is particularly beneficial for managing chronic conditions such as diabetes, hypertension, and cardiovascular diseases. The continuous evolution of IoT-based healthcare solutions is expected to drive significant growth in the connected health and wellness market, with advancements in sensor accuracy, battery life, and data security further enhancing adoption.What Role Does Telehealth and Remote Patient Monitoring Play in Market Growth?
Telehealth and remote patient monitoring have emerged as game-changers in modern healthcare, enabling medical professionals to deliver quality care beyond traditional clinical settings. The growing adoption of telemedicine platforms has allowed patients to access healthcare services from the comfort of their homes, reducing the burden on hospitals and improving treatment adherence. Remote patient monitoring solutions, which use connected devices to track patient vitals, ensure timely interventions and reduce the risk of complications, particularly for individuals with chronic conditions or post-operative recovery needs. The expansion of 5G networks and cloud-based healthcare solutions has further strengthened telehealth infrastructure, enhancing video consultations, real-time data transmission, and AI-powered diagnostics. Healthcare providers are increasingly integrating electronic health records (EHRs) with telehealth platforms, creating a seamless healthcare experience that prioritizes patient engagement and proactive disease management. As governments and insurance providers expand reimbursement policies for telehealth services, the market for connected health and wellness solutions is set to witness sustained growth.What Are the Key Drivers Behind the Market's Expansion?
The growth in the connected health and wellness solutions market is driven by several factors, including advancements in wearable technology, increasing adoption of telehealth services, and the rising prevalence of chronic diseases. The growing demand for personalized healthcare experiences and patient-centric digital solutions has propelled the integration of AI, IoT, and big data analytics into healthcare ecosystems. Additionally, the expansion of mobile health applications and the availability of affordable, connected devices have enhanced healthcare accessibility, particularly in remote and underserved regions. Regulatory support and government initiatives promoting digital health infrastructure are further accelerating market adoption. The integration of blockchain and cybersecurity solutions is also addressing data privacy concerns, strengthening consumer trust in connected health technologies. Furthermore, the rise of corporate wellness programs and employer-sponsored digital health initiatives is boosting demand for smart health solutions in workplace settings. As healthcare continues to transition toward a value-based model that prioritizes preventive care and digital engagement, the connected health and wellness solutions market is poised for exponential growth in the coming years.Scope of Study:
The report analyzes the Connected Health and Wellness Solutions market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Product Type (Software and Services, Personal Medical Devices, Wellness Products); Function Type (Telehealth, Clinical Monitoring); Application (Wellness and Prevention Application, Diagnosis and Treatment Application, Monitoring Application, Other Applications)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Software & Services segment, which is expected to reach US$129.2 Billion by 2030 with a CAGR of a 23.3%. The Personal Medical Devices segment is also set to grow at 18.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $17.5 Billion in 2024, and China, forecasted to grow at an impressive 28.0% CAGR to reach $47.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Connected Health and Wellness Solutions Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Connected Health and Wellness Solutions Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Connected Health and Wellness Solutions Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Abbott Laboratories, Allscripts Healthcare LLC, Apple Inc., athenahealth, Boston Scientific Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 34 companies featured in this Connected Health and Wellness Solutions market report include:
- Abbott Laboratories
- Allscripts Healthcare LLC
- Apple Inc.
- athenahealth
- Boston Scientific Corporation
- Cera Care
- Cerner Corporation
- Fitbit LLC
- Garmin Ltd.
- GE Healthcare Technologies Inc.
- Honeywell International Inc.
- IBM Corporation
- Koninklijke Philips N.V.
- Masimo Corporation
- Medtronic PLC
- Microsoft Corp.
- NXGN Management, LLC
- Omron Healthcare Inc.
- Oracle Corporation
- ResMed Inc.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories
- Allscripts Healthcare LLC
- Apple Inc.
- athenahealth
- Boston Scientific Corporation
- Cera Care
- Cerner Corporation
- Fitbit LLC
- Garmin Ltd.
- GE Healthcare Technologies Inc.
- Honeywell International Inc.
- IBM Corporation
- Koninklijke Philips N.V.
- Masimo Corporation
- Medtronic PLC
- Microsoft Corp.
- NXGN Management, LLC
- Omron Healthcare Inc.
- Oracle Corporation
- ResMed Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 367 |
| Published | June 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 64.3 Billion |
| Forecasted Market Value ( USD | $ 203.8 Billion |
| Compound Annual Growth Rate | 21.2% |
| Regions Covered | Global |
