Global Medical Device Connectivity Market 2024-2028
The medical device connectivity market is forecasted to grow by USD 5260.83 mn during 2023-2028, accelerating at a CAGR of 24.84% during the forecast period. The report on the medical device connectivity market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the emergence of digital healthcare services and healthcare 4.0, increasing investment in healthcare digital infrastructure, and high growth potential in emerging countries.
Technavio's medical device connectivity market is segmented as below:
By Technology
- Wireless technologies
- Wired technologies
- Hybrid technologies
By End-user
- Hospitals
- Home healthcare
- Diagnostic and imaging centers
- ASC
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the growing focus on traditional strategies such as mergers and acquisitions as one of the prime reasons driving the medical device connectivity market growth during the next few years. Also, bluetooth low energy (BLE) in healthcare devices and increasing popularity of m-health will lead to sizable demand in the market.
The report on the medical device connectivity market covers the following areas:
- Medical device connectivity market sizing
- Medical device connectivity market forecast
- Medical device connectivity market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical device connectivity market vendors that include Baxter International Inc., Bridge Tech Medical Inc., Carl Zeiss AG, Cisco Systems Inc., Digi International Inc., Dragerwerk AG and Co. KGaA, GE Healthcare Technologies Inc., Iatric Systems Inc., Infosys Ltd., Koninklijke Philips N.V., Lantronix Inc., Masimo Corp., MediCollector LLC, Medtronic Plc, Murata Machinery Ltd., Oracle Corp., Silicon and Software Systems Ltd., Spectrum Medical Ltd., TE Connectivity Ltd., and Wipro Ltd.. Also, the medical device connectivity market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.