Medical Device Connectivity Market Research Report: Key Trends & Forecasts


Posted March 28, 2024 by delvens123

The medical device connectivity market is projected to reach USD 4.9 billion by 2026 from USD 1.7 billion in 2021, growing at a CAGR of 24.4% in the forecast period, 2021-2028.

 
Medical Device Connectivity Market by Product & Services (Integration Solutions, Telemetry, Connectivity Hubs), Technology (Wired, Hybrid), Application (Vital signs Monitors, Ventilators), End User (Hospitals) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Medical Device Connectivity Market Overview
The medical device connectivity market is projected to reach USD 4.9 billion by 2026 from USD 1.7 billion in 2021, growing at a CAGR of 24.4% in the forecast period, 2021-2028.
Growth in the telehealth and remote patient monitoring markets, and the growing inclination towards home healthcare are some of the factors that have supported long-term expansion for Medical Device Connectivity Market.
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Key Findings
Medical Device Connectivity Market is segmented into product & service, technology, applicaton, end user and geography.
Product & service segment is segmented into medical device connectivity solutions and medical device connectivity services.
Technology segment is segmented into wireless technologies, wired technologies and hybrid technologies.
Application segment is segmented into vital signs & patient monitors, anesthesia machines & ventilators, infusion pumps and other applictions.
End user segment is segmented into hopitals, home and healthcare centres, ambulatory care centres and diagnostic & imaging centres.
Geographically, Medical Device Connectivity Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Medical Device Connectivity Market Competitive Landscape
Key players
• Cerner Corporation (US)
• Medtronic plc (Ireland)
• Masimo (US)
• Koninklijke Philips N.V. (Netherlands)
• GE Healthcare (US)
• Stryker Corporation (US)
• iHealth Labs Inc. (US)
• Cisco Systems (US)
• Lantronix Inc. (US)
• Infosys (India)
• S3 Connected Health (Ireland)
• Spectrum Medical Ltd. (UK)
• Hill-Rom Holdings Inc. (US)
• Iatric Systems Inc. (US)
• Silex Technology (Japan)
• Digi International Inc. (US)
• True Process (US)
• TE Connectivity (Switzerland)
• Bridge-Tech Medical (US)
• Medicollector LLC (US)
• Dragerwerk AG & CO. KGAA (Germany)
• Honeywell International (US)
• Ascom Holdings AG (Switzerland)
• Wipro Ltd. (India)
• OSI Systems (US).
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Reasons to Acquire in the Medical Device Connectivity Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Medical Device Connectivity market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
What are the years considered to study Medical Device Connectivity Market?
What is the compound annual growth rate (CAGR) of the Medical Device Connectivity Market?
Which region holds the largest market share in Medical Device Connectivity Market?
Who are the major players in Medical Device Connectivity Market?
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Last Updated March 28, 2024