
Connected Healthcare Market Strategic Insights: Analysis 2025 and Forecasts 2033
Connected Healthcare Market by Type (mHealth Services, mHealth Devices, e-Prescription), by Function (Remote patient monitoring, Clinical Monitoring, Telemedicine, Others), by Application (Diagnosis & Treatment, Monitoring Applications, Wellness & Prevention, Healthcare Management, Others), by End User (Hospitals & Clinics, Home Monitoring), by North America (U.S., Canada) Forecast 2025-2033
Key Insights
The Connected Healthcare Marketsize was valued at USD 62.29 USD Billion in 2023 and is projected to reach USD 239.30 USD Billion by 2032, exhibiting a CAGR of 21.2 % during the forecast period. Connected healthcare refers to the integration of digital technologies to improve patient care, streamline healthcare processes, and enhance health outcomes. It encompasses various types, including telemedicine, which provides remote consultations and diagnosis; mHealth (mobile health) apps that offer health management tools; and wearable health devices that track vital signs. Key features of connected healthcare include real-time health monitoring, data analytics for personalized treatment, and seamless communication between patients and healthcare providers. Its applications span remote patient monitoring, chronic disease management, and virtual consultations, which increase accessibility, reduce costs, and improve efficiency in healthcare delivery. Connected healthcare leverages technology to bridge gaps in care, offering innovative solutions for both patients and healthcare professionals.
Connected Healthcare Trends
- Growing use of wearable devices for health tracking and monitoring
- Increasing adoption of telemedicine for remote patient consultations
- Development of AI-powered applications for disease diagnosis and treatment
Driving Forces: What's Propelling the Connected Healthcare Market
- Increasing prevalence of chronic diseases
- Rising adoption of smartphone and tablet devices
- Government initiatives promoting connected healthcare
- Growing demand for personalized healthcare services
- Technological advancements in medical devices and sensors
Challenges and Restraints in Connected Healthcare Market
- Lack of interoperability between different healthcare systems
- Data security and privacy concerns
- High cost of connected healthcare devices and services
- Resistance to change by healthcare providers and patients
Emerging Trends in Connected Healthcare
- Integration of virtual reality (VR) and augmented reality (AR) in healthcare
- Development of 5G-enabled healthcare devices and applications
- Increasing use of blockchain technology for secure data management
Growth Catalysts in Connected Healthcare Industry
- Government initiatives and funding to support healthcare innovation and improve patient care
- Increasing awareness among healthcare providers and patients about the benefits of connected healthcare, such as enhanced disease management and improved health outcomes
- Rapid advancements in artificial intelligence (AI) and machine learning (ML), enabling personalized medicine, predictive analytics, and early disease detection
- Strategic partnerships and collaborations between healthcare providers, device manufacturers, and technology companies, fostering innovation and driving market growth
Market Segmentation: Connected Healthcare Analysis
Type:
- mHealth services
- mHealth devices
- e-Prescription
Function:
- Remote patient monitoring
- Clinical Monitoring
- Telemedicine
- Others
Application:
- Diagnosis & Treatment
- Monitoring Applications
- Wellness & Prevention
- Healthcare Management
- Others
End User:
- Hospitals & Clinics
- Home Monitoring
Leading Players in the Connected Healthcare Market
- Allscripts Healthcare, LLC (Chicago, Illinois, U.S.)
- Cerner Corporation (North Kansas, Missouri, U.S.)
- Koninklijke Philips N.V (Amsterdam, Netherlands)
- McKesson Corporation (Irving, Texas, U.S.)
- Apple Inc. (California, U.S.)
- Omron Corporation (Osaka, Japan)
- GENERAL ELECTRIC COMPANY (Massachusetts, U.S.)
- Fitbit Inc. (California, U.S.)
- IBM Corporation (Armonk, New York, U.S.)
- NXGN Management, LLC (Irvine, California, U.S.)
Significant developments in Connected Healthcare Sector
- In 2022, Apple announced the launch of the Apple Watch Series 8, which includes new health tracking features such as body temperature sensing and crash detection.
- In 2023, Cerner Corporation acquired Kantar Health, a provider of real-world data and analytics, to enhance its patient data capabilities.
Comprehensive Coverage Connected Healthcare Market Report
This comprehensive report provides an in-depth analysis of the connected healthcare market, encompassing market size, growth drivers, challenges, and emerging trends. It includes a detailed market segmentation by device type, application, and end-user, along with an analysis of the competitive landscape, leading players, and significant industry developments.
Regional Insight
Regionally, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is projected to maintain the dominant market share during the forecast period due to the widespread adoption of advanced technologies and a high prevalence of chronic diseases. Asia-Pacific is anticipated to witness significant growth, attributed to increasing healthcare spending and government initiatives to expand healthcare access in emerging economies.
DROCT
- D: Drivers: Rising prevalence of chronic diseases, increasing adoption of smartphone and tablet devices, and government initiatives promoting connected healthcare.
- R: Restraints: Lack of interoperability between different healthcare systems, data security and privacy concerns, high cost of connected healthcare devices and services, and resistance to change by healthcare providers and patients.
- O: Opportunities: Government initiatives and funding, rising awareness about the benefits of connected healthcare, technological advancements in AI and machine learning, and strategic partnerships and collaborations between healthcare providers, device manufacturers, and technology companies.
- C: Challenges: Data security and privacy concerns, lack of interoperability between different healthcare systems, and high cost of connected healthcare devices and services.
- T: Trends: Growing use of wearable devices for health tracking and monitoring, increasing adoption of telemedicine for remote patient consultations, and development of AI-powered applications for disease diagnosis and treatment.
Pricing Analysis
The pricing of connected healthcare devices and services varies widely depending on the type of device or service, the features and capabilities offered, and the brand reputation.
Import And Export Analysis
The market is characterized by a high level of import and export activities. Countries such as China, India, and Mexico are major manufacturers of connected healthcare devices, while countries such as the United States, Germany, and Japan are major importers.
Segmentation
The market is segmented into type (Mhealth Services), function (Remote Patient Monitoring), application, end user, and region.
Patent/Trademark Analysis
The market is characterized by a high level of patent and trademark activity, with companies actively seeking to protect their intellectual property.
Connected Healthcare Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 21.2% from 2019-2033 |
Segmentation |
|
Frequently Asked Questions
Can you provide examples of recent developments in the market?
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What is the projected Compound Annual Growth Rate (CAGR) of the Connected Healthcare Market ?
The projected CAGR is approximately 21.2%.
Which companies are prominent players in the Connected Healthcare Market?
Key companies in the market include Allscripts Healthcare, LLC. (Chicago, Illinois, U.S.),Cerner Corporation (North Kansas, Missouri, U.S.),Koninklijke Philips N.V (Amsterdam, Netherlands),McKesson Corporation (Irving, Texas, U.S.),Apple Inc. (California, U.S.),Omron Corporation (Osaka, Japan),GENERAL ELECTRIC COMPANY (Massachusetts, U.S.),Fitbit Inc. (California, U.S.),IBM Corporation (Armonk, New York, U.S.),NXGN Management, LLC (Irvine, California, U.S.)
How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
What are the main segments of the Connected Healthcare Market?
The market segments include
What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850 , USD 5850, and USD 6850 respectively.
Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Connected Healthcare Market," which aids in identifying and referencing the specific market segment covered.
Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Billion .
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Number of Government-aided Genome Projects to Aid Growth
- 3.3. Market Restrains
- 3.3.1. High-Capital Expenditure and Technological Barriers to Limit the Market Growth
- 3.4. Market Trends
- 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Connected Healthcare Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. mHealth Services
- 5.1.2. mHealth Devices
- 5.1.3. e-Prescription
- 5.2. Market Analysis, Insights and Forecast - by Function
- 5.2.1. Remote patient monitoring
- 5.2.2. Clinical Monitoring
- 5.2.3. Telemedicine
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Diagnosis & Treatment
- 5.3.2. Monitoring Applications
- 5.3.3. Wellness & Prevention
- 5.3.4. Healthcare Management
- 5.3.5. Others
- 5.4. Market Analysis, Insights and Forecast - by End User
- 5.4.1. Hospitals & Clinics
- 5.4.2. Home Monitoring
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America Connected Healthcare Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1 United States
- 6.1.2 Canada
- 6.1.3 Mexico
- 7. Middle East & Africa Connected Healthcare Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1 UAE
- 7.1.2 South Africa
- 7.1.3 Saudi Arabia
- 7.1.4 Rest of Middle East Africa
- 8. Asia Pacific Connected Healthcare Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1 China
- 8.1.2 Japan
- 8.1.3 India
- 8.1.4 South Korea
- 8.1.5 Taiwan
- 8.1.6 South East Asia
- 8.1.7 Australia
- 8.1.8 Rest of Asia-Pacific
- 9. Europe Connected Healthcare Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1 Germany
- 9.1.2 France
- 9.1.3 Italy
- 9.1.4 United Kingdom
- 9.1.5 Spain
- 9.1.6 Nordics
- 9.1.7 Benelux
- 9.1.8 Rest of Europe
- 10. Latin America Connected Healthcare Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1 Brazil
- 10.1.2 Argentina
- 10.1.3 Rest of South America
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Allscripts Healthcare LLC. (Chicago
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Illinois
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 U.S.)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Cerner Corporation (North Kansas Missouri
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Koninklijke Philips N.V (Amsterdam Netherlands)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 McKesson Corporation (Irving Texas
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Apple Inc. (California U.S.)
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Omron Corporation (Osaka Japan)
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 GENERAL ELECTRIC COMPANY (Massachusetts U.S.)
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Fitbit Inc. (California U.S.)
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 IBM Corporation (Armonk New York
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 U.S.)
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 NXGN Management LLC (Irvine
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.16 California
- 11.2.16.1. Overview
- 11.2.16.2. Products
- 11.2.16.3. SWOT Analysis
- 11.2.16.4. Recent Developments
- 11.2.16.5. Financials (Based on Availability)
- 11.2.17 U.S.)
- 11.2.17.1. Overview
- 11.2.17.2. Products
- 11.2.17.3. SWOT Analysis
- 11.2.17.4. Recent Developments
- 11.2.17.5. Financials (Based on Availability)
- 11.2.1 Allscripts Healthcare LLC. (Chicago
- Figure 1: Global Connected Healthcare Market Revenue Breakdown (USD Billion, %) by Region 2024 & 2032
- Figure 2: North America Connected Healthcare Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 3: North America Connected Healthcare Market Revenue Share (%), by Country 2024 & 2032
- Figure 4: Middle East & Africa Connected Healthcare Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 5: Middle East & Africa Connected Healthcare Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: Asia Pacific Connected Healthcare Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 7: Asia Pacific Connected Healthcare Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Europe Connected Healthcare Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 9: Europe Connected Healthcare Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: Latin America Connected Healthcare Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 11: Latin America Connected Healthcare Market Revenue Share (%), by Country 2024 & 2032
- Figure 12: North America Connected Healthcare Market Revenue (USD Billion), by Type 2024 & 2032
- Figure 13: North America Connected Healthcare Market Revenue Share (%), by Type 2024 & 2032
- Figure 14: North America Connected Healthcare Market Revenue (USD Billion), by Function 2024 & 2032
- Figure 15: North America Connected Healthcare Market Revenue Share (%), by Function 2024 & 2032
- Figure 16: North America Connected Healthcare Market Revenue (USD Billion), by Application 2024 & 2032
- Figure 17: North America Connected Healthcare Market Revenue Share (%), by Application 2024 & 2032
- Figure 18: North America Connected Healthcare Market Revenue (USD Billion), by End User 2024 & 2032
- Figure 19: North America Connected Healthcare Market Revenue Share (%), by End User 2024 & 2032
- Figure 20: North America Connected Healthcare Market Revenue (USD Billion), by Country 2024 & 2032
- Figure 21: North America Connected Healthcare Market Revenue Share (%), by Country 2024 & 2032
- Table 1: Global Connected Healthcare Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 2: Global Connected Healthcare Market Revenue USD Billion Forecast, by Type 2019 & 2032
- Table 3: Global Connected Healthcare Market Revenue USD Billion Forecast, by Function 2019 & 2032
- Table 4: Global Connected Healthcare Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 5: Global Connected Healthcare Market Revenue USD Billion Forecast, by End User 2019 & 2032
- Table 6: Global Connected Healthcare Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 7: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 8: United States Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 9: Canada Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 10: Mexico Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 11: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 12: UAE Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 13: South Africa Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 14: Saudi Arabia Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 15: Rest of Middle East Africa Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 16: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 17: China Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 18: Japan Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 19: India Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 20: South Korea Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 21: Taiwan Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 22: South East Asia Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 23: Australia Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 24: Rest of Asia-Pacific Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 25: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 26: Germany Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 27: France Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 28: Italy Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 29: United Kingdom Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 30: Spain Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 31: Nordics Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 32: Benelux Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 33: Rest of Europe Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 34: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 35: Brazil Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 36: Argentina Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 37: Rest of South America Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 38: Global Connected Healthcare Market Revenue USD Billion Forecast, by Type 2019 & 2032
- Table 39: Global Connected Healthcare Market Revenue USD Billion Forecast, by Function 2019 & 2032
- Table 40: Global Connected Healthcare Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 41: Global Connected Healthcare Market Revenue USD Billion Forecast, by End User 2019 & 2032
- Table 42: Global Connected Healthcare Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 43: U.S. Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 44: Canada Connected Healthcare Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 21.2% from 2019-2033 |
Segmentation |
|
STEP 1 - Identification of Relevant Samples Size from Population Database



STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
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- Research Institute
- Latest Research Reports
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Secondary Research
- Annual Reports
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- Industry Association
- Paid Database
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STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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