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Explore connected medical devices market forecast 2016-2024

Medical Market Research

Growing awareness and importance of development in advanced healthcare solutions is expected to boost the R&D investments in the connected medical devices market.


Global connected medical devices market Make an Inquiry about this news is in its embryonic stage and occupied 6% share of total medical device market in 2016 and is expected to witness a healthy growth in near future. This market is expected to grow at a CAGR of 20.0% over the forecast period on the back of rising beverage demand, and reach a market size of USD 73.1 billion by 2024.

Digitalization and inclination of patients towards the healthier lifestyle is increasing the adoption of smart medical devices which can perform remote monitoring is bolstering the demand of connected medical devices. Growing awareness and importance of development in advanced healthcare solutions is expected to boost the R&D investments in this market.