Connected Healthcare Market: How Technology is Revolutionizing Care

The connected healthcare market is estimated to increase from US$58.3 Bn in 2024 to 243.1 Bn by 2031. The market is projected to record a CAGR of 19.6% during the forecast period from 2024 to 2031. Market expansion is attributed to the emerging trends such as telehealth, wearable devices, AI and ML integration, and blockchain technology. AI and ML are revolutionizing data analytics, while blockchain enhances data security. The growing emphasis on preventive care and wellness management is making the market attractive for startups and established players.