Global Connected Medical Devices Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2015-2024
Connected Medical Devices provide connectivity succeed probable to connect physical objects to the Internet to access by anyone, anywhere, any time used for data acquisition, communication, and distribution. Medical devices have features as an instrument, intellectual and interconnected devices. Connected Medical Devices provide digitalization and remote monitoring in medical as a medical robot, a surgical robot, Scanner, ECG management, diabetes management apps, blood pressure, and other. Connected Medical Devices support Internet of Things and Internet of Medical Things (IoMT) that connects intelligent sensors, software, remote monitoring, devices, and networks across the Internet. Connected Medical Devices are used in medical, hospital, for increasing productivity. Medical devices are connected to the web application, smart devices, wearable devices, electronic devices, and other.
The factors supporting the growth of the market are increasing patient expectations of pervasive and continuously available healthcare facilities and growing creation of industry ecosystems such as linking devices, monitoring devices, diagnostic, wearable and other. Furthermore, growing demand for adoption of digitalization in the hospital also fuels the growth of the market. However, the high cost of connected medical devices and critical security and privacy for data in devices in the hospital may hinder the growth of the market. Additionally, investments in R&D and technological innovations in IoT and IoMT would provide growth opportunities during the forecast period.
Global Connected Medical Devices Market has been categorized into product type, technology, end user, application and geography. Product segment include safety monitoring devices, activity monitoring devices, medication monitoring devices, vital signs monitoring devices. Technology segment is divided into digital health data, device innovation, connectivity, cloud, and big data. End user segment include clinics, hospitals, ambulatory surgical center, diagnostic, and others. Furthermore, application segment is bifurcated into mobile based application, web resources, electronic and personal health records, home-based devices, and others.
By geography, the market has been bifurcated into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Canada, Mexico are covered under North America wherein Europe covers U.K., Germany, and others. Asia-Pacific covers China, Japan, India, and others. RoW covers South America, Middle East, and Africa.
The key players in the Global Connected Medical Device Market include Omron Corporation, Johnson & Johnson, Cerner Corporation, Cisco, Inc., iHealth Lab, Inc., Smiths Group plc., and FitSense Technology, and among others.
The key takeaways from the report
- The report will provide a detailed analysis of Global Connected Medical Device Market with respect to major segments such as component, industrial usage, application, and geography.
- The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024.
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report.
- An exhaustive regional analysis of Global Connected Medical Device Market from 2015 to 2024 has been included in the report.
- Profile of the key players in the Global Connected Medical Device Market will be provided, which include key financials, product & services, new developments and business strategies.
Scope of the Global Connected Medical Device Market
By product segment
- Safety Monitoring Devices
- Activity Monitoring Devices
- Medication Monitoring Devices
- Vital Signs Monitoring Devices
By technology segment
- Digital health data
- ACA regulations
- Device innovation
- radio-frequency identification (RFID) chips
- real-time location services (RTLS)
- personal emergency response systems (PERS)
- wearable devices
- network access
- Wireless services
- Big data
- Structured data
- Unstructured da
By end user
- Specialty Clinics
- Ambulatory Surgical Centers
- Mobile based application
- Web resources
- Electronic and personal health records
- Home-based devices
By geography segment
- Rest of Europe
- Rest of Asia-Pacific
- South America
- Middle East