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Global Medical Device Connectivity Market, By Product and Service (Solutions and Services), By Component (Wireless Hardware (Wi-Fi Hardware, Wireless Medical Telemetry Hardware, Bluetooth Hardware), Wired Hardware, Software), By Technology (Wired Technologies, Wireless Technologies, Hybrid Technologies), By End User (Hospitals, Home Healthcare, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.


Report ID : IR100774 | Industries : Healthcare | Published On :March 2024 | Page Count : 16

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  • Global Medical Device Connectivity Market, By Product and Service (Solutions and Services), By Component (Wireless Hardware (Wi-Fi Hardware, Wireless Medical Telemetry Hardware, Bluetooth Hardware), Wired Hardware, Software), By Technology (Wired Technologies, Wireless Technologies, Hybrid Technologies), By End User (Hospitals, Home Healthcare, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.

     

    Global Medical Device Connectivity Market
    Global Medical Device Connectivity Market was valued at USD 1.78 billion in 2021 and is expected to reach USD 6.88 billion by 2027, at a CAGR 15.16% from 2022-2027.
    Medical device connectivity is the application of artificial intelligence which involves connecting the medical devices providing treatment and being used for servicing the patients to relate to central network. It is used to control the usage administered therapeutics supply continuous remote monitoring.

     

    Market Drivers
    Increasing prevalence of novel disease is key driving factor which is expected to boost the global medical device connectivity market growth. Furthermore, rising penetration of EHRs and health information exchange in healthcare organizations will have a positive impact on market growth.
    Moreover, growing government support and initiatives as well as increasing focus on care quality and patient safety will propel the market growth during this forecast period 2027. In addition to that, growing consumer inclination towards home healthcare will boost the market growth.

    Market Restraints
    However, high cost of deployment for small healthcare organizations s the major restraining factor which is expected to obstruct the global medical device connectivity market growth. Also, reluctance of medical professionals to adopt advanced healthcare IT solutions will affect the market growth In future.

     

    Market Segmentation
    The Global Medical Device Connectivity Market is segmented into Products & Services such as Solutions, and Services, by component such as Wireless Hardware (Wi-Fi Hardware, Wireless Medical Telemetry Hardware, and Bluetooth Hardware), Wired Hardware, and Software, and by technology such as Wired, Wireless, and Hybrid Technology. 
    Further, market is segmented into end user such as Hospitals, Home Healthcare, and Others.

     

    Regional Analysis
    The Global Medical Device Connectivity Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    The North American region dominates the medical device connectivity market because of the growing consolidation amongst the healthcare providers and the extensive implementation of the clinical device connectivity and the strict guidelines by the several government & non-government authorities within the region.

     

    Market Key Players
    Various key players are discussed into the Global Medical Device Connectivity Market Report including: GE Healthcare, Qualcomm Inc., Cerner Corporation, Nanthealth, Inc., Koninklijke Philips N.V., Medtronic PLC, Cisco Systems, Inc., Infosys Limited, Digi International Inc., and Lantronix, Inc.

     

    Market Taxonomy
    By Products & Services

    •    Solutions
    •    Services

     

    By Component
    •    Wireless Hardware
    o    Wi-Fi Hardware
    o    Wireless Medical Telemetry Hardware
    o    Bluetooth Hardware
    •    Wired Hardware
    •    Software

     

    By Technology
    •    Wired
    •    Wireless
    •    Hybrid Technology

     

    By End User
    •    Hospitals
    •    Home Healthcare
    •    Others

     

    By Region
    •    North America
    •    Latin America
    •    Europe
    •    Asia Pacific
    •    Middle East & Africa

    Global Medical Device Connectivity Market 
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Medical Device Connectivity Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Medical Device Connectivity Market, By Products & Services
    5.1 Y-o-Y Growth Comparison, By Products & Services 
    5.2 Global Medical Device Connectivity Market Share Analysis, By Products & Services 
    5.3 Global Medical Device Connectivity Market Size and Forecast, By Products & Services
    5.3.1 Solutions
    5.3.2 Services
    6 Global Medical Device Connectivity Market, By Component
    6.1 Y-o-Y Growth Comparison, By Component
    6.2 Global Medical Device Connectivity Market Share Analysis, By Component
    6.3 Global Medical Device Connectivity Market Size and Forecast, By Component
    6.3.1 Wireless Hardware
    6.3.1.1 Wi-Fi Hardware
     6.3.1.2 Wireless Medical Telemetry Hardware
    6.3.1.3. Bluetooth Hardware
    6.3.2 Wired Hardware
    6.3.3 Software
    7 Global Medical Device Connectivity Market, By Technology
    7.1 Y-o-Y Growth Comparison, By Technology
    7.2 Global Medical Device Connectivity Market Share Analysis, By Technology
    7.3 Global Medical Device Connectivity Market Size and Forecast, By Technology
    7.3.1 Wired
    7.3.2 Wireless
    7.3.3 Hybrid Technology
    8 Global Medical Device Connectivity Market, By End User
    8.1 Y-o-Y Growth Comparison, By End User
    8.2 Global Medical Device Connectivity Market Share Analysis, By End User
    8.3 Global Medical Device Connectivity Market Size and Forecast, By End User
    8.3.1 Hospitals
    8.3.2 Home Healthcare
    8.3.3 Others
    9 Global Medical Device Connectivity Market, By Region
    9.1 Global Medical Device Connectivity Market Share Analysis, By Region
    9.2 Global Medical Device Connectivity Market Share Analysis, By Region
    9.3 Global Medical Device Connectivity Market Size and Forecast, By Region
    10 North America Medical Device Connectivity Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 North America Medical Device Connectivity Market Share Analysis, By Products & Services
    10.3 North America Medical Device Connectivity Market Size and Forecast, By Component
    10.4 North America Medical Device Connectivity Market Size and Forecast, By Technology
    10.5 North America Medical Device Connectivity Market Size and Forecast, By End User
    10.6 North America Medical Device Connectivity Market Size and Forecast, By Country
    10.6.1 U.S.
    10.6.2 Canada
    10.6.3 Mexico
    11 Europe Medical Device Connectivity Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Europe Medical Device Connectivity Market Share Analysis, By Products & Services 
    11.3 Europe Medical Device Connectivity Market Size and Forecast, By Component 
    11.4 Europe Medical Device Connectivity Market Size and Forecast, By Technology
    11.5 Europe Medical Device Connectivity Market Size and Forecast, By End User
    11.6 Europe Medical Device Connectivity Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4 Rest of Europe
    12 Asia Pacific Medical Device Connectivity Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Asia Pacific Medical Device Connectivity Market Share Analysis, By Products & Services 
    12.3 Asia Pacific Medical Device Connectivity Market Size and Forecast, By Component  
    12.4 Asia Pacific Medical Device Connectivity Market Size and Forecast, By Technology
    12.5 Asia Pacific Medical Device Connectivity Market Size and Forecast, By End User
    12.6 Asia Pacific Medical Device Connectivity Market Size and Forecast, By Country
    12.6.1 China
    12.6.2 Japan
    12.6.3 India
    12.6.4 Rest of Asia Pacific
    13 Latin America Medical Device Connectivity Market Analysis and Forecast (2022 – 2027)
    13.1 Introduction
    13.2 Latin America Medical Device Connectivity Market Share Analysis, By Products & Services 
    13.3 Latin America Medical Device Connectivity Market Size and Forecast, By Component 
    13.4 Latin America Medical Device Connectivity Market Size and Forecast, By Technology
    13.5 Latin America Medical Device Connectivity Market Size and Forecast, By End User
    13.6 Latin America Medical Device Connectivity Market Size and Forecast, By Country
    13.6.1 Brazil
    13.6.2 Rest of Latin America
    14 Middle East Medical Device Connectivity Market Analysis and Forecast (2022 – 2027)
    14.1 Introduction
    14.2 Middle East Medical Device Connectivity Market Share Analysis, By Products & Services 
    14.3 Middle East Medical Device Connectivity Market Size and Forecast, By Component 
    14.4 Middle East Medical Device Connectivity Market Size and Forecast, By Technology
    14.5 Middle East Medical Device Connectivity Market Size and Forecast, By End User
    14.6 Middle East Medical Device Connectivity Market Size and Forecast, By Country
    14.6.1 Saudi Arabia
    14.6.2 UAE
    14.6.3 Egypt
    14.6.4 Kuwait
    14.6.5 South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1 GE Healthcare
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2 Qualcomm Inc.
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3 Cerner Corporation
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4 Nanthealth, Inc.
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5 Koninklijke Philips N.V
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6 Medtronic PLC
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7 Cisco Systems
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies 
    16.8 Infosys Limited
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies 
    16.9 Digi International Inc.
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies 
    16.10 Lantronix, Inc.
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies