According to Goldstein Research, Favorable government policies along with rising awareness among patients are boosting the growth of connected medical devices market. To reduce the risk for unauthorized access of patient’s data,FDA issued specific safety communication guidelines for web connected medical devices. Moreover, increasing demand of point of care testing devices and connected health solutions is likely to boost global market of connected medical devices. Global connected medical devices market outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Countries such as China, Japan, Korea and India contributing high adoption rate of fitness and wellness devices. China and Japan together occupies 16% share of global medical technology market which is benefitting the expansion of connected medical devices market in the region.

Market Segmentation
On the basis of our in-depth analysis, global connected medical devices market can be segmented as follows:

• Based on Product Type
o Blood Pressure Monitors
o ECG Monitors
o Safety Monitoring Devices
o Activity Monitoring Devices
o Others ( Pulse oximeters, Pill Dispensers)

• By Devices
o Wearables
o Non-Wearables

• Based on Application
o Remote Monitoring
o Consultation and Diagnosis services
o Treatment services
o Fitness and Wellness services

• By End-User
o Hospitals
o Clinics
o Individual Consumers
o Home Healthcare

• Based on Geography
o North America (U.S. & Canada) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}


“Global Connected Medical Devices Market Outlook 2024” contains detailed overview of the global connected medical devices market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by devices, by applications and by end users.
Further, for the in-depth analysis, Global Connected Medical Devices Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Johnson & Johnson, Aerotel Medical Systems Ltd., Philips Healthcare, Cisco Inc.etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global connected medical devices market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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