Burlingame, CA, Sept. 04, 2025 (GLOBE NEWSWIRE) — The Global Connected Healthcare Market is estimated to be valued at USD 36.12 Bn in 2025 and is expected to reach USD 97.85 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 15.3% from 2025 to 2032. The Connected Healthcare Market is driven by rising demand for remote patient monitoring, growing adoption of telemedicine, and the integration of IoT and wearable devices for real-time health data. Increasing prevalence of chronic diseases, focus on personalized care, and government initiatives supporting digital health further boost growth. Advancements in AI, cloud computing, and 5G connectivity enhance efficiency, accessibility, and patient outcomes.
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Global Connected Healthcare Market Key Takeaways
According to Coherent Market Insights (CMI), the global connected healthcare market size is projected to grow at a CAGR of 15.3% over the forecast period, increasing from USD 36.12 Bn in 2025 to USD 97.85 Bn by 2032.
Based on type, mHealth (mobile health) segment is expected to account for 45.1% of the global connected healthcare market share by 2025.
By component, hardware segment is set to dominate the global connected healthcare industry, capturing 35.8% of the market share in 2025.
Remote patient monitoring (RPM) is projected to remain the most lucrative application of connected healthcare solutions, accounting for a 32.5% market share in 2025.
North America is expected to lead the global connected healthcare industry, holding a prominent market share of 38.3% by 2025.
Asia Pacific, with an estimated share of over one-fourth in 2025, is poised to exhibit fastest growth during the assessment period.
Increasing Prevalence of Chronic Diseases Fueling Market Growth
Coherent Market Insights’ new connected healthcare market analysis offers insights into prominent factors driving industry growth. Rising prevalence of chronic diseases is one such key growth driver.
The global incidence and mortality rate of chronic diseases are increasing significantly. According to the World Health Organization (WHO), chronic conditions like cancer, diabetes, and cardiovascular diseases could account for 86% of the 90 million deaths each year by 2050.
Rise in chronic disease incidence is expected to fuel demand for connected healthcare solutions. This is because these chronic conditions require continuous monitoring and management.
Connected healthcare solutions like RPM systems allow for real-time tracking of patient vitals. They enable proactive intervention as well as reduce the need for frequent in-person visits.
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Data Privacy Concerns and High Implementation Costs Limiting Market Growth
The global connected healthcare market outlook looks bright. However, data privacy concerns and high implementation costs might slow down market growth to some extent during the projection period.
Wearable devices and telemedicine platforms are prone to cyberattacks and data breaches. This creates hesitation among patient and healthcare providers, potentially reducing overall connected healthcare market demand.
In addition, setting up smart devices, cloud systems, and data tools in healthcare is expensive. This might slow down connected healthcare market growth, especially in underserved regions.
Technological Advancements Lucrative New Growth Avenues
Advances in AI, IoT, cloud computing, and wearables are paving way for the development of faster, smarter, and more reliable connected healthcare solutions. These technologies are revolutionizing healthcare by offering predictive insights, diagnostic accuracy, personalization, and early intervention. As a result, promising growth opportunities are on the horizon for connected healthcare companies.
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