Key insights and medical devices connectivity 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.
Geographically, medical device connectivity market segmented into North America, Europe, Asia-Pacific, & Rest of the World. 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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North America accounted for the largest share of the medical device connectivity market, followed by Europe.
North America is also expected to grow at the highest CAGR during the forecast period. Factors such as increasing funding towards innovation in the medical sector, need to curtail the escalating healthcare costs in the US, the presence of a large number of healthcare IT companies, increasing investments in the healthcare industry by key market players, and growing awareness about advanced technologies are driving the growth of the market.
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.
Break of primary participants was as mentioned below:
- By Company Type – Tier 1–42%, Tier 2–38% and Tier 3–20%
- By Designation – C-level–40%, Director Level–35%, Others–25%
- By Region – North America–35%, Europe–30%, Asia Pacific–20%, RoW–15%
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.
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Medical Device Connectivity Market, By Product & Service
8 Medical Device Connectivity Market, By Technology
9 Medical Device Connectivity Market, By End User
10 Medical Device Connectivity Market, By Region
11 Competitive Landscape
12 Company Profiles
The report analyzes the medical device connectivity market and aims at estimating themarket size and future growth potential of this market based on various segments such as product &service, technology, and end user. The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.
This growth can be attributed to factors like 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.
Key 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