From GlobeNewswire:

Custom Market Insights has published a report on the Smart Healthcare Products Market, forecasting a growth from USD 145.9 Billion in 2022 to reach USD 164.55 Billion in 2023 and USD 485.71 Billion by 2032, with a CAGR of 12.78%. Factors driving this growth include telemedicine, big data analytics, and expanding healthcare sectors globally.

The market is segmented by type, technology, application, end-user, and region. Wearable devices dominated the market in 2022 due to their health monitoring capabilities. The Internet of Things (IoT) technology led the market in 2022, enabling connectivity of medical devices for improved patient care. North America was the dominant region in 2022, with Asia Pacific expected to witness significant growth.

Key market players, government support, digital literacy rates, and infrastructure in North America contribute to the region’s Smart Healthcare Products Market growth. Rising consumer adoption of smart wearable devices in the US, with approximately 20% of residents using them for health monitoring, indicates a promising market fueled by technological advancements.

In-depth analysis of the Smart Healthcare Products Market includes key players profiling, market shares, mergers, acquisitions, emerging trends, and dynamics in partnerships. The report addresses critical questions about market size, growth rate, market segments, top companies, and fastest-growing regions, offering valuable insights for stakeholders. Regional analyses cover North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, highlighting market dynamics and competitive landscapes.



Read more at GlobeNewswire: [Latest] Global Smart Healthcare Products Market Size/Share