The global demand for Medical Device Connectivity Market is presumed to reach the market size of nearly USD 14.19 BN by 2030 from USD 2.29 BN in 2022 with a CAGR of 25.6% under the study period 2023 - 2030.
Medical device connectivity refers to the ability of medical devices to seamlessly and securely communicate with other devices, systems, and healthcare information technology (IT) infrastructure. The goal of medical device connectivity is to enable the exchange of data, information, and signals in real-time or near-real-time between medical devices, electronic health records (EHR) systems, hospital networks, and other healthcare software applications. This connectivity enhances patient care, improves operational efficiency, and supports clinical decision-making.
The medical device connectivity market has been fueled by various factors that enhance patient care and healthcare system efficiency. The ability of medical devices to communicate seamlessly with each other and with healthcare IT infrastructure has revolutionized healthcare. Key drivers include the improved patient monitoring enabled by remote data transmission, leading to faster interventions and better outcomes. Connected devices have streamlined workflows by reducing manual data entry and enabling data-driven clinical decisions. Integration with electronic health records (EHR) offers a comprehensive patient view and smoother care coordination. The surge in wearable devices has further fueled demand, as has the expansion of telemedicine and regulatory incentives promoting connectivity adoption. The aging population's healthcare needs, the broader IoT trend, and cost-saving benefits have also played roles. However, challenges like data security, interoperability, and regulatory compliance remain, shaping the trajectory of this market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of medical device connectivity. The growth and trends of medical device connectivity industry provide a holistic approach to this study.
This section of the medical device connectivity market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product & Services
By Services
By Technology
By Application
By End User
This section covers the regional outlook, which accentuates current and future demand for the Medical Device Connectivity market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Medical Device Connectivity market include Cerner Corporation (US), Medtronic plc (Ireland), Masimo (US), Koninklijke Philips NV (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), latric Systems Inc (US), Silex Technology (Japan), Digi International Inc (US), True Process (US), TE Connectivity (Switzerland). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . MEDICAL DEVICE CONNECTIVITY – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Product & Services
3.7.2 Market Attractiveness Analysis By Services
3.7.3 Market Attractiveness Analysis By Technology
3.7.4 Market Attractiveness Analysis By Application
3.7.5 Market Attractiveness Analysis By End User
3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL MEDICAL DEVICE CONNECTIVITY MARKET ANALYSIS BY PRODUCT & SERVICES
5.1 Overview by Product & Services
5.2 Historical and Forecast Data
5.3 Analysis by Product & Services
5.4 Medical Device Connectivity Solutions (Medical Device Integration Solutions, Interface Devices, Telemetry Systems, Connectivity Hubs) Historic and Forecast Sales by Regions
6 . GLOBAL MEDICAL DEVICE CONNECTIVITY MARKET ANALYSIS BY SERVICES
6.1 Overview by Services
6.2 Historical and Forecast Data
6.3 Analysis by Services
6.4 Implementation And Integration Services Historic and Forecast Sales by ...
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