Global Medical Device Connectivity Market Size is estimated to expand rapidly in coming years, at a CAGR of 24.1 % from 2018 to 2025. In 2017, the global market valuation was USD 0.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Electronic health record (EHR) inclusion is generating the need to interchange health information more quickly. The increasing requirement for high-quality patient service has been increased by an increasing patient-centric strategy to guarantee that the worldwide accessibility of medical devices grows. In addition, the use of EHRs and communication systems in hospitals decreases costs and enhances information processing effectiveness, fueling the implementation of technology for medical applications which can promote development on the worldwide computing industry of medical systems. Geographically, North America region is expected to be the highest growing region in the global market of medical device connectivity.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global medical device connectivity market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global medical device connectivity market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Component Insights: On the basis of component, global medical device connectivity market has been segmented into wireless hardware, wired hardware, and software. Of these, the communication industry for wired hardware dominated the worldwide industry for medical equipment and will remain dominant in this forecast period. The increase in communication is attributable to the greater supply from the end customers for connected hardware. Nevertheless, in recent years supply has increased for wireless hardware. Due to its ease and development of communication, Wi-Fi is recognized as the most challenging segment of the wireless hardware.

By End User Insights: On the basis of end-user, global medical device connectivity market has been segmented into hospitals, home, ambulatory care, diagnostic centers. The global connectivity market for medical devices is dominated among these by the hospital sector as patients and healthcare suppliers are increasingly taking medical devices. However, increasing domestic healthcare trends encourage domestic healthcare development on the connectivity sector of medical devices.

Regional Analysis

The medical device connectivity market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The worldwide industry was dominated by North America in 2018. Increasing purchases and legislative requirements that promote the application of e-health alternatives, the existence of big IT healthcare businesses and an increase in the demand for a cut in service expenses are primarily due to the powerful IT infrastructure in that region. In the forecast period, the North Americas area will also develop in the largest CAGR.

The Asia Pacific is dominated by greater use of fresh technology in the healthcare industry in the worldwide medical device connectivity industry. In addition, the increased expenditure in education is essential to the development of the broadband industry in medical systems in an attempt to enhance the education infrastructure. With the greater inhabitants or range of clients and the continually increasing health-care sector in the area, Europe is projected to grow with a quicker CAGR.

Global Medical Device Connectivity Market Size, Share Analysis by Region 2017

Global Medical Device Connectivity Market Study Objective

1. To forecast the market size of medical device connectivity market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of medical device connectivity market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of medical device connectivity market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of medical device connectivity market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the medical device connectivity market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

GE Healthcare, Qualcomm Life, Philips, Cerner Corporation, and NantHealth are some of the key players in the market of medical device connectivity.

Global Medical Device Connectivity Market Study Report Offer You!

The global medical device connectivity market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.