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Connected Health Device Market to Reach Valuation of USD 5.24 Billion by 2028 - Demand for Smart Devices in Healthcare Sector as well as Surge In Demand for IoT Devices to Flourish Market
In terms of revenue, the Global Connected Health Device Market is expected to reach USD 5.24 Billion by 2028, growing at a CAGR of 25.6% from 2022 to 2028. The Global Connected Health Device Market growth is attributed to the factors such as demand for smart devices in the healthcare sector as well as a surge in demand for IoT devices, and a vast range of applications in the healthcare sector.
Key Findings:
Some of key players in Connected Health Device Market include - .
Rapid step of the increasing population worldwide is resulting to surge in the base of the population suffering from diseases. The geriatric population is more prone to diseases. Thus, increasing disease prevalence across the globe. Proper diet and nutrition is the most vital factor for the prevention of diseases. However, changing busy lifestyles is leading to the improper routine of a diet providing improper nutrition and diet to the body. Thus, leading to enlarge the base population of people suffering from diseases. Thus increasing the demand for patient monitoring, wearable, internally embedded, and stationary devices. In turn, propelling the market growth over the forecast period. Furthermore, an outbreak of the COVID-19 pandemic has led us to serious implications consequently hampered several sectors across the globe. This pandemic has witnessed a steep growth in the demand for connected health devices. Thus, driving the {Keyword} market growth over the forecast period.
North America is expected to emerge as potential market for Connected Health Device Market. The market growth is attributed to rising demand for connected healthcare products, and remote patient monitoring in the region. Additionally, rising health-related issues such as obesity, as well as disease prevalence are further propelling the market growth in the region over the forecast period.
Connected Health Device Market to Reach Valuation of USD 5.24 Billion by 2028 - Demand for Smart Devices in Healthcare Sector as well as Surge In Demand for IoT Devices to Flourish Market
17 Feb 2022
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Connected Health Device Market to Reach Valuation of USD 5.24 Billion by 2028 - Demand for Smart Devices in Healthcare Sector as well as Surge In Demand for IoT Devices to Flourish Market
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