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Discover the medical device connectivity market to reach $ 1344 million by 2021: growing at 26% growth rate worldwide

Discover the medical device connectivity market to reach $ 1344 million by 2021: growing at 26% growth rate worldwide

The report "Medical Device Connectivity Market - Forecast to 2021", The global medical device connectivity market is projected to reach USD 1,344.1 Million by 2021, at a growth rate of around 26% during forecast period. In this report, global medical device connectivity market is segmented on basis of component, technology, & end user.

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The medical device connectivity market in this report is segmented by component, technology, and end user. Based on product, the market is segmented into medical device connectivity services and solutions.

In 2015, the medical device connectivity services product segment accounted for the largest share of the medical device connectivity market. This market is primarily driven by the need for effective implementation and demand for maximum utilization of connectivity solutions.

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Complete report on Medical Device Connectivity Market spread across 159 Pages, Profiling 11 Companies and Supported with 77 Tables and 41 Figures is now available at www.rnrmarketresearch.com/medical-…arket-report.html .

On basis of component, medical device connectivity market segmented into two segments, namely, medical device connectivity services and solutions. On basis of technology, market segmented into three segments, namely, wired connectivity, wireless connectivity, and hybrid technology.

On basis of end user, global medical devices connectivity is segmented into three segments, namely, hospital & clinics, home healthcare, & imaging & diagnostic centers.

Target Audience of Medical Devices Connectivity Market is as Follows:

  • Hospitals and Clinics
  • Medical Research and Development (R&D) Companies
  • Healthcare IT Companies
  • Medical Device Companies
  • Medical Devices Connectivity Solutions’ Vendors
  • Imaging and Diagnostic Centers
  • Market Research and Consulting Firms
  • Venture Capitalists and Investors

Geographically, medical device connectivity market segmented into North America, Europe, Asia-Pacific, & Rest of the World. In 2015, North America commanded largest share of global market.

Major share of this region can be attributed to better accessibility to technologies, strong government support and initiatives, increasing need for data analytics in healthcare, increasing implementation of EHRs, healthcare information exchange systems, and growing focus on quality of care and patient safety.

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The medical devices connectivity services segment accounted for largest share of market. Medical device connectivity solutions segment expected to grow at a higher CAGR of around 28% during forecast period.

This growth can be attributed to factors such as increased adoption of EHRs and other interoperability solutions in healthcare organizations, growing regulatory requirements & healthcare reforms, shift of point-of-care diagnostics from hospital to home care settings, and the need for integrated healthcare systems to improve the quality and outcome of healthcare systems.

Key Medical Device Connectivity Market Drivers

1 Increasing Implementation of Electronic Health Records & Health Information Exchange Systems

2 Growing Focus on Care Quality and Patient Safety

3 Healthcare It Initiatives Driving the Integration of Medical Devices With Hospital Information Systems

4 Rising Need to Curtail Healthcare Costs Through A Connected Healthcare Environment

5 Medical Device Connectivity Aids in Data Analytics

Key market strategic players are Qualcomm Inc. (U.S), Cerner Corporation (U.S.), NantHealth, Inc. (U.S.), Bernoulli Enterprise Inc. (U.S.), GE Healthcare (U.S.), Digi International Inc. (U.S.), Cisco Systems, Inc. (U.S.), Lantronix, Inc. (U.S.), Philips Healthcare (Netherlands), and Infosys Limited (India).

Click now for more information on this research of “Medical Device Connectivity Market by Product (Telemetry Systems, Interface Devices, Integration/Networking Platforms), Services, Technology (Wireless Technology, Wired Technology), End User (Hospitals, Diagnostic Centres, Home Healthcare) - Forecast to 2021” report @ www.rnrmarketresearch.com/contacts…hase?rname=728791 .

Key insights and market sizing for the different end users of the medical device connectivity market namely, hospitals & clinics, home healthcare, and diagnostic & imaging centers. It provides key insights on market dynamics, such as drivers, restraints, opportunities, and challenges for this market.

Country-wise market size and forecast for all the subsegments. Thus, not only the high growth technology and product areas; the market size numbers provided in the report will also enable market players to identify key geographic markets, and thereby strategize global marketing efforts in order to achieve sustainable revenue growth in the coming years.

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