A research study
titled, “Medical
Device Connectivity Market by Technology and Component - Global Industry
Analysis and Forecast to 2025” published by Crystal Market Research, states
that the Medical Device Connectivity Market is projected to be around $ 2.1 billion
by 2025.
Medical device connectivity is installation and
maintenance of connection which is used to transfer data between medical devices
and information systems. It is gaining significant importance as it facilitates
exchange and access of vital information which is necessary for better patient
information exchange and monitoring. These devices carry vital information such
as patient’s history, maintenance schedule, and real time patient tracking
information for providing best available care to patients. Increase in
geriatric population, rise in incidences of chronic diseases, rise in demand
for homecare devices, and advanced technologies (such as mobile health, and wireless
and Wi-Fi enabled patient monitoring) will play a key role in growth of the
market during the forecast period. Various healthcare providers and institutes
are highly focused on advancing medical device connectivity as medical device
dataneeds to be more reliable, accurate and standardized to improve clinical
outcomes and patient safety.
Browse full research report with TOC on “Medical Device
Connectivity Market by Technology and Component - Global Industry Analysis and
Forecast to 2025” at: https://www.crystalmarketresearch.com/report/medical-device-connectivity-market
Medical device connectivity services segment dominated the
global market in 2016. This can be attributed to increase in demand for maximum
utilization of connectivity services by end users. However, medical device
connectivity solutions segment will experience robust growth over the forecast
period due to rising adoption of interoperability solutions and electronic health
record (EHR) systems in healthcare organizations. Technological advancements in
wireless technology such as Wi-Fi and Bluetooth enable medical devices for
monitoring will further contribute to the market growth.
U.S. dominated the North American medical connectivity
devices market in 2016, due to the rising adoption of home care medical devices
to manage and improve prolonged medical conditions. As medical device
connectivity facilitates connection between physicians and medical devices, it
becomes convenient to continuously monitor patients’ health parameters.
Emerging economies such as India and China will witness favorable growth for
medical devices connectivity market over the forecast period due to rising
demand for advanced healthcare services in these countries.
Strategic collaborations and acquisitions are the major
strategies adopted by the leading companies in medical device connectivity
market. For instance, in September 2015, Qualcomm Life Inc. acquired Capsule
Technologies, a global leading provider of clinical data management and medical
device integration solutions. Likewise, in October 2014, Philips Healthcare
collaborated with Eseye, global provider of M2M cellular connectivity, for
supplying Multi-IMSI AnyNet connectivity for their telehealth platform, Philips
Motiva.
Some of the key players in the medical devices
connectivity market are Phillips Healthcare, Siemens
Healthcare, GE Healthcare, Cerner Corp.,
Honeywell HomeMed LLC, Dräger Medical GmbH, eDevice Inc., Capsule Tech, Qualcomm Inc., Lantronix Inc., and Cardiopulmonary
Corporation.
Request a sample copy of Medical Device
Connectivity Market Research Report @
https://www.crystalmarketresearch.com/report-sample/HC0636
Key
Findings of the Research Study:
·
Medical devices connectivity services market
accounted for the largest share of the overall market in 2016, due to the need
for effective implementation of connectivity solutions.
·
Medical devices connectivity solutions market
will witness favorable growth over the forecast period, due to the need for integrated healthcare solutions to
improve the quality and outcome of healthcare systems.
·
North America occupied major share of the global medical devices connectivity market in 2016,
due to rising adoption of healthcare information systems in the region.
·
Europe held the second largest share of the
global medical devices connectivity market in 2016. Increasing need of real
time and continuous patient monitoring and information management will further
drive the growth of this market over the forecast period.
Inquire more about this report at: https://www.crystalmarketresearch.com/send-an-enquiry/HC0636
Medical Device Connectivity Market Segmentation:
By Component:
- Medical Device Connectivity Services
- Medical Device Connectivity Solution
By Technology:
- Wired Technologies
- Wireless Technologies
- Hybrid Technologies
By Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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About Crystal
Market Research
Crystal Market Research is a U.S. based market research
and business intelligence company. Crystal offers one stop solution for market
research, business intelligence, and consulting services to help clients make
more informed decisions. It provides both syndicated as well as customized
research studies for its customers spread across the globe. The company offers
market intelligence reports across a broad range of industries including
healthcare, chemicals & materials, technology, automotive, and energy.
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