Medical Device Connectivity Market Growth | Global Report 2028

report image

Medical Device Connectivity Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product & Services (Medical Device Connectivity Solutions and Medical Device Connectivity Services); Technology (Wired Technologies, Wireless Technologies, and Hybrid Technologies); Application (Vital Signs & Patient Monitors, Anesthesia Machines & Ventilators, Infusion Pumps, and Other); End-user (Hospitals, Ambulatory Care Centers, and Others)

Report Code: TIPHE100001204 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming

Market Introduction

Medical device connectivity establishes and manages the connection between medical devices and equipment in healthcare facilities for sharing patient information. The connectivity of these devices can be wireless based on cloud, RFID, Bluetooth, and other technologies or it can be wired and hybrid also.

The increased use of advanced technology in the field of healthcare owing to the surge in IT infrastructure and increase in automation activities in healthcare industry are further expected to create demand for medical device connectivity in near future. There are various advantages offered by medical device connectivity such as device tracking, real-time monitoring, and others with improved workflow efficiency. This has increased the efficiency of healthcare staff with reduced nursing hours and improved healthcare services are expected to promote the market growth.

Increased use of telehealth services, remote patient monitoring and enhanced use of smart medical devices for health monitoring are expected to drive the growth of medical device connectivity market. Moreover, rising implementation of electronic health records and health information exchange systems on a global level are further expected to drive the growth of the medical devices connectivity market. Moreover, technological advancements in wireless technology along with the increased use of artificial intelligence, internet of things are further expected to accelerate the growth of the medical device connectivity market. However, increase in home healthcare services are expected to create significant opportunities for the market growth during the forecast period.     

Market Trends/ Market Scenario

The medical device connectivity plays an important role by providing real time health updates about patient and in case of emergency patient can directly contact the healthcare professionals especially in the case of home healthcare. Furthermore, increased use of m-Health and smart monitoring devices are likely to proliferate the growth of medical device connectivity market.

Recently, in January 2021, Masimo Corporation launched iSirona, a connectivity solution for EMR integration, mobile notifications, alarm management, surveillance monitoring, smart displays, and analytics.

In January 2021, Royal Philips has signed an agreement to acquire Capsule Technologies, Inc., this will help in the expansion of Phillips in patient care management connectivity solutions for hospitals. Capsule’s Medical Device Information Platform - comprised of device integration, vital signs monitoring and clinical surveillance services - connects almost all existing medical devices and EMRs in hospitals through a vendor-neutral system.

Market Report Scope/Inclusions

The "Global Medical Device Connectivity Market Analysis to 2028" is a specialized and in-depth study of the medical device connectivity industry with a focus on the global market trend. The report aims to provide an overview of global medical device connectivity market with detailed market segmentation by product & services, technology, application, end user, and geography namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.

The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of more than 18 major countries globally along with current trend and opportunities prevailing in the region for medical device connectivity market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. Further, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, Rest of the World after evaluating political, economic, social and technological factors affecting the medical device connectivity market in these regions.

Market Segmentation

Global Medical Device Connectivity – Product & Services

  • Medical Device Connectivity Solutions
  • Medical Device Connectivity Services

Global Medical Device Connectivity - Technology

  • Wired Technologies
  • Wireless Technologies
  • Hybrid Technologies

Global Medical Device Connectivity - Application

  • Vital Signs & Patient Monitors
  • Anesthesia Machines & Ventilators
  • Infusion Pumps
  • Other

Global Medical Device Connectivity – End User

  • Hospitals
  • Ambulatory Care Centers
  • Others

Market Segmentation

Get more information on this report :


Company Analysis
The medical device connectivity market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key development in the past five years.

The report represents the mix of global & regional market players, emerging companies, market disruptors and niche market players operating at different geographical levels. Within the report, these players are analyzed on different parameters such as market offerings, market initiatives, innovative solutions & offerings, key developments, geographical reach, and customer base among others.  

Some of the key players influencing the market are Koninklijke Philips N.V., Cerner Corporation, Cisco Systems Inc., Honeywell HomeMed LLC, GE Healthcare Ltd., Lantronix, Inc., Siemens Healthcare, Masimo Corporation, Ascom Holdings AG, iHealth Labs Inc., Hill-Rom Holdings Inc., and Digi International Inc.

REPORT HIGHLIGHT

Our report on Medical Device Connectivity Market cover following key parameters:

  • Comprehensive market analysis at global, regional and country level
  • Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
  • Market size and forecasts in terms of revenue; 2020 (historic), 2021 (base year), 2022 – 28 (forecast period)
  • In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
  • Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
  • Impact of COVID`19 pandemic on ecosystem and the market 

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

The List of Companies

1. iHealth Lab
2. True Process
3. Lantronix
4. Infosys
5. Nanthealth
6. Cisco Systems
7. Medtronic
8. Koninklijke Philips N.V.
9. GE Healthcare
10. Cerner
11. Capsule Technologies Inc.
12. Masimo Corporation
13. Hill-Rom Inc.
14. Bridge-Tech Medical Inc.
15. MediCollector LLC
16. Spectrum Medical Ltd.
17. Silex Technology Inc.
18. TE Connectivity
19. Digi International Inc.
20. S3 Connected Health
21. Iatric Systems, Inc.
22. Honeywell International Inc.
23. Qualcomm Technologies, Inc.
24. Siemens
25. eDevice
TIPHE100001204
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Get the Latest COVID-19 Analysis on this market


Have a Question?

Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Speak to Analyst
Pricing
  • $3000
  • $4550
  • $6550
  • $8550

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount