Global Connected Health M2M Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Service Type;

Professional Services and Managed Services

By Connections;

Consumers and Healthcare Service Providers

By Application;

Remote Patient Monitoring, Clinical Monitoring, Fitness & Wellness, Assisted Living, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn145166504 Published Date: May, 2025 Updated Date: July, 2025

Connected Health M2M Services Market Overview

Connected Health M2M Services Market (USD Million)

Connected Health M2M Services Market was valued at USD 15405.22 million in the year 2024. The size of this market is expected to increase to USD 34056.03 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.0%.


Global Connected Health M2M Services Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 12.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.0 %
Market Size (2024)USD 15405.22 Million
Market Size (2031)USD 34056.03 Million
Market ConcentrationLow
Report Pages304
15405.22
2024
34056.03
2031

Major Players

  • Apple
  • athenahealth
  • GE Healthcare
  • Stanley Healthcare Solutions
  • Honeywell HomeMed
  • HP Enterprise Services
  • Qualcomm
  • Voxiva
  • Zebra Technologies
  • Cisco Systems

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Connected Health M2M Services Market

Fragmented - Highly competitive market without dominant players


The Connected Health M2M Services Market is experiencing rapid momentum due to the rising demand for automated healthcare solutions and real-time medical data exchange. Around 60% of healthcare organizations are adopting machine-to-machine systems to streamline patient communication and improve service efficiency. The shift toward intelligent connectivity offers vast opportunities for strategic innovation, shaping the new era of integrated medical services.

Remote Health Monitoring Fueling Innovation
More than 55% of care providers are implementing remote patient monitoring tools powered by connected health technologies. These solutions enhance patient outcomes while minimizing traditional hospital workloads. The proliferation of smart sensors and mobile-connected devices enables continuous care delivery, driving growth through technology advancements. This growing reliance is fueling partnerships focused on secure connectivity and enhanced care coordination.

Innovation-Centric Growth Strategies
The drive toward scalable and innovative infrastructure is propelling market growth, with over 50% of organizations investing in AI-powered platforms and cloud-driven health ecosystems. These innovations support personalized care and enable healthcare systems to respond dynamically to patient needs. Market leaders are also exploring new expansion strategies, reinforcing the relevance of collaborative innovation in healthcare transformation.

Expanding Future Potential Through Connectivity
As over 65% of institutions prioritize connected solutions to optimize service delivery, the industry’s future is focused on smarter, more integrated care networks. These advancements open avenues for emerging tech providers to contribute to evolving health infrastructures. Strategic plans around technology adoption, partnership expansion, and operational scalability are fueling a promising outlook. The market is geared to reshape the healthcare experience through continuous innovation and digital enablement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service Type

    2. Market Snapshot, By Connections
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Connected Health M2M Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Rising healthcare costs
        3. Growing demand for remote monitoring
        4. Increasing prevalence of chronic diseases
      2. Restraints
        1. Security and privacy concerns
        2. Lack of interoperability standards
        3. Limited healthcare infrastructure in rural areas
        4. Regulatory hurdles and compliance issues
      3. Opportunities
        1. Expansion of telemedicine services
        2. Integration with wearable devices
        3. Emerging markets adoption
        4. Collaborations with technology firms
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Connected Health M2M Services Market, By Service Type, 2021 - 2031 (USD Million)
      1. Professional Services
      2. Managed Services
    2. Connected Health M2M Services Market, By Connections, 2021 - 2031 (USD Million)
      1. Consumers
      2. Healthcare Service Providers
    3. Connected Health M2M Services Market, By Application, 2021 - 2031 (USD Million)
      1. Remote Patient Monitoring
      2. Clinical Monitoring
      3. Fitness & Wellness
      4. Assisted Living
      5. Others
    4. Connected Health M2M Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Apple
      2. athenahealth
      3. GE Healthcare
      4. Stanley Healthcare Solutions
      5. Honeywell HomeMed
      6. HP Enterprise Services
      7. Qualcomm
      8. Voxiva
      9. Zebra Technologies
      10. Cisco Systems
  7. Analyst Views
  8. Future Outlook of the Market