The report forecasts the global connected health market to grow at a CAGR of 26.54% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, growth in older population is a one of the major drivers in market growth. Older people are more likely to develop age-related diseases or chronic diseases due to their low immunity levels. The top three causes of death among people aged 65 and over are cardiac arrest, cancer, and strokes. In the Americas, four out of five older people are diagnosed with at least one chronic condition. Over 40% of the older population in North America have high blood pressure, more than one in four have high cholesterol, 20% have some form of mental disorder, and 15% have diabetes.
Further, the report states that data security and patient privacy concerns is a challenge against the market growth. The connected healthcare concept relies on the extensive use of mobile technology and data sharing across various levels of the healthcare value chain. For example, m-health apps and patient engagement involve publishing user data on social media platforms. Vendors therefore need to anticipate some resistance from end-users in sharing personal information on public platforms.
- GE Healthcare
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Product segmentation
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information visit http://www.researchandmarkets.com/research/mnbkhn/global_connected