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The future of the connected health device market in Canada looks promising with opportunities in the home monitoring and hospital/clinic segments. The major drivers for growth of connected health device market are increasing adoption of IT in healthcare, increasing healthcare costs, need of easy and reliable patient monitoring systems for chronic diseases, and the growing awareness for health and fitness.
 
Emerging trends, which have a direct impact on the dynamics of the connected health device industry, include adoption of cloud technology for interconnected healthcare devices, and the adoption of telemedicine. 
 
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this connected health device market in Canada report download the report brochure.
 
Connected Health Device Market in Canada by Segment:
2014-2025 (US $M) (Randomized Data)
Connected Health Device Market in Canada by Segment


Trends and Forecasts for Connected Health Device Market in Canada:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Connected Health Device Market in Canada
 
The study includes market size and forecast for the connected health device market in Canada through 2025, segmented by type, product type, and end use as follows:
 
Connected Health Device Market by Product Type [Value ($ Million) from 2014 to 2025]:
  • Connected Health Personal Medical Devices
  • Insulin Pumps  
  • BP Monitors  
  • Portable GPS PERS  
  • Glucose Monitors  
  • Personal Plus Oximeters  
  • Others 
  • Connected Health Wellness Devices
  • Digital Pedometers  
  • Body Analyzers  
  • GPS Sports Watches  
  • Heart Rate Monitors  
  • Others
Connected Health Device Market by End Use [Value ($ Million) from 2014 to 2025]:
  • Hospitals/Clinic
  • Home Monitoring
On the basis of comprehensive research, Lucintel forecasts that the wellness device segment is expected to show above average growth during the forecast period. 
 
By end use, the connected health device market is segmented into hospital/clinic and home monitoring. The hospitals/clinic segment is expected to remain the largest segment over the forecast period from 2020 to 2025.

Some of the features of “Opportunities for the Connected Health Device Market in Canada 2014-2025: Trends, Forecast and Competitive Analysis” include:
  • Market size estimates: Connected health device market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by type, product type, and end use.
  • Segmentation analysis: Connected health device market size by various applications such as type, product type, and end use in terms of value and volume shipment.
  • Growth opportunities: Analysis on growth opportunities in different type, product type, and end use of connected health device in the connected health device market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
This report addresses the following 7 key questions:
Q.1. What are some of the most promising, high growth opportunities for the connected health device market in Canada by product type, (BP monitors, insulin pumps, personal emergency response systems, glucose monitors, digital pedometers, body analyzers, GPS sports watches, heart rate monitors, and others), and end use (home monitoring and hospitals/clinics)? 
Q.2. Which product segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this connected health device market? 
Q.4. What are the business risks and competitive threats in this connected health device market?
Q.5. What are the emerging trends in this connected health device market and the reasons behind them? 
Q.6. What are some of the changing demands of customers in the connected health device market? 
Q.7. What are the new developments in the connected health device market and which companies are leading these developments? 
Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Trends (2014-2019) and Forecast (2020-2025) for Connected Health Device Market in Canada
3.3: Trends (2014-2019) and Forecast (2020-2025) for Connected Health Device Market in Canada by Product Type
3.3.1: Personal Medical Devices
3.3.1.1: BP Monitors
3.3.1.2: Insulin Pumps
3.3.1.3: Personal Emergency Response Systems (PERS)
3.3.1.4: Glucose Monitors
3.3.1.5: Personal Pulse Oximeters
3.3.1.6: Other Personal Medical Devices
3.3.2: Wellness Devices
3.3.2.1: Digital Pedometers
3.3.2.2: Body Analyzers
3.3.2.3: GPS Sports Watches
3.3.2.4: Heart Rate Monitors
3.3.2.5: Other Wellness Devices
3.4: Trends (2014-2019) and Forecast (2020-2025) for Connected Health Device Market in Canada by End Use
3.4.1: Hospitals/Clinic
3.4.2: Home Monitoring
 
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Porter’s Five Forces Analysis
 
5. Growth Opportunities (2014-2025) and Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities (2014-2025) for the Connected Health Device Market in Canada by Product Type
5.1.2: Growth Opportunities (2014-2025) for the Connected Health Device Market in Canada by End Use
5.2: Emerging Trends in the Connected Health Device Market
 
6. Company Profiles of Leading Players
.

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25 figures/charts and 12 tables are provided in this 60-page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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