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The future of the medical device connectivity market looks promising with opportunities in various end use industries, such as hospitals, home healthcare centers, diagnostic and imaging centers, and ambulatory care centers. The global medical device connectivity market is expected to grow with a CAGR of 24% to 26% from 2021 to 2026. The major drivers for this market are increasing focus on the quality of care and patient safety, rising healthcare cost, and growing demand for data analytics in healthcare.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical device connectivity market report download the report brochure.
The study includes trends and forecasts for the global medical device connectivity market by product and services, technology, application, end use industry, and region as follows:
By Product & Service [$M shipment analysis for 2015 – 2026]:
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Medical Device Connectivity Solutions
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Medical Device Integration
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Interface Devices
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Connectivity Hubs
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Telemetry Systems
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Medical Device Connectivity Services
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Support and Maintenance
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Implementation and Integration
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Training
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Consulting
By End Use Industry [$M shipment analysis for 2015 – 2026]:
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Hospitals
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Home Healthcare Centers
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Diagnostic and Imaging Centers
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Ambulatory Care Centers
By Technology [$M shipment analysis for 2015 – 2026]:
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Wired Technology
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Wireless Technology
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Hybrid Technology
By Application [$M shipment analysis for 2015 – 2026]:
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Anesthesiology
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Respiratory Therapy
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Dialysis
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Cardiology
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Oncology
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Home Healthcare
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Others
By Region [$M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Wireless technology will remain the largest segment, as it offers better quality of healthcare and reduces healthcare expenditure through remote patient monitoring.
Hospitals will remain the largest end use industry during the forecast period due to growing number of hospitals and healthcare infrastructure.
North America will remain the largest region during the forecast period due to increasing need of clinical device connectivity and interoperability solutions to reduce the rising healthcare costs and strict regulations and guidelines by various government and non-government authorities.
Some of the medical device connectivity companies profiled in this report include Capsule Technologies, Cerner Corporation, GE Healthcare, Koninklijke Philips, Medtronic plc, Cisco Systems, Inc., Infosys Limited, Digi International Inc., Masimo Corporation, Hill-Rom Technologies, True Process, iHealth Labs, and Lantronix Inc.
Features of Medical Device Connectivity Market
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Market Size Estimates: Medical device connectivity market size estimation in terms of value ($M)
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by product and services, technology, application, and end use industry
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Regional Analysis: Medical device connectivity market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different product and service, technology, application, end use industry, and regions for medical device connectivity market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the medical device connectivity market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global medical device connectivity market by product & services (medical device connectivity solutions (medical device integration, interface devices, connectivity hubs, and telemetry systems) and medical device connectivity service (support and maintenance, implementation and integration, training, and consulting)), end use industry (hospitals, home healthcare centers, diagnostic and imaging centers, and ambulatory care centers), technology (wired technology, wireless technology, and hybrid technology), application (anesthesiology, respiratory therapy, dialysis, cardiology, oncology, home healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the medical device connectivity market?
Q.5 What are the business risks and threats to the medical device connectivity market?
Q.6 What are emerging trends in this medical device connectivity market and the reasons behind them?
Q.7 What are some changing demands of customers in the medical device connectivity market?
Q.8 What are the new developments in the medical device connectivity market? Which companies are leading these developments?
Q.9 Who are the major players in the medical device connectivity market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the medical device connectivity market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the medical device connectivity market? |