According to a market report by Lucintel, the future of the medical device connectivity market looks promising with opportunities in various end use industries, such as hospitals, home healthcare centers, diagnostic and imaging centers, and ambulatory care centers. The global medical device connectivity market is expected to grow with a CAGR of 25% from 2021 to 2026. The major drivers for this market are increasing focus on the quality of care and patient safety, rising healthcare cost, and growing demand for data analytics in healthcare.
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In this market, different types of medical device connectivity technologies, such as wired, wireless, and hybrid technologies, are used in a wide range of industries. Wireless technology will remain the largest segment, as it offers better quality of healthcare and reduces healthcare expenditure through remote patient monitoring.
Within the medical device connectivity market, hospitals will remain the largest end use industry during the forecast period due to growing number of hospitals and healthcare infrastructure.
North America will remain the largest region during the forecast period due to increasing need of clinical device connectivity and interoperability solutions to reduce the rising healthcare costs and strict regulations and guidelines by various government and non-government authorities.
Capsule Technologies, Cerner Corporation, GE Healthcare, Koninklijke Philips, Medtronic plc, Cisco Systems, Inc., Infosys Limited, Digi International Inc., Masimo Corporation, and Hill-Rom Technologies are among the major medical device connectivity manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global medical device connectivity market by product and service, technology, application, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Medical Device Connectivity Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global medical device connectivity market by product and service, technology, application, end use industry, and region as follows:
By Product & Service [$M shipment analysis for 2015 – 2026]:
Medical Device Connectivity Solutions
Medical Device Integration
Interface Devices
Connectivity Hubs
Telemetry Systems
Medical Device Connectivity Services
Support and Maintenance
Implementation and Integration
Training
Consulting
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Hospitals
Home Healthcare Centers
Diagnostic and Imaging Centers
Ambulatory Care Centers
By Technology [$M shipment analysis for 2015 – 2026]:
Wired Technology
Wireless Technology
Hybrid Technology
By Application [$M shipment analysis for 2015 – 2026]:
Anesthesiology
Respiratory Therapy
Dialysis
Cardiology
Oncology
Home Healthcare
Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.