Medical Device Connectivity Market: By Component (Wi-Fi Hardware, Wireless Medical Telemetry Hardware, Bluetooth Hardware, Wired Hardware, Software) By End User (Hospitals, Home Care, Others) and By Geography  

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Medical Device Connectivity Market was valued at USD 1.8 billion in 2022 and is projected to reach USD 5.9 billion by 2029 growing at a CAGR of 25.2% during the forecast period 2023-2029. Medical device connectivity (MDC) is utilized to remotely control, arrange and screen patient's organization information, for example, measurements, rate, timing and so on., physiological information and other key data. This enables human services suppliers to give most ideal care to their patients. MDC not just improves clinical examination abilities and choice help yet in addition makes exact and finish photo of patients' conditions. This prompts enhanced care procedures and patient results. Rising need to cut back social insurance cost, developing need to coordinate human services frameworks for enhancing nature of care and endeavors of medicinal services suppliers to expand their arrival on venture are the factors propelling Global Medical Device Connectivity market. Furthermore, rising interest for home human services is further prompting increment appropriation of therapeutic devices availability. Medical device connection is a broad concept that also encompasses AI and Big Data Analytics. With the growth of wireless connectivity in nearly every domain, the demand for wireless instruments in the medical field is skyrocketing. Medical device connection is being used extensively in the modernization of hospitals and nursing homes for patient monitoring and dose monitoring. Alerts and emergency alarms are also important components that work as connected devices. The government's regulatory framework encourages interconnectivity in medical facilities, making it increasingly common. However, high expense of establishment, safe from human services experts to embrace profoundly modern IT arrangements, and absence of standard interface are set to hamper Medical Device Connectivity market . The Medical Device Connectivity Market is classified on the basis of Component, end user and geographical regions.

Medical Device Connectivity Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

25.2%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Medical Device Connectivity Market Dynamics

The development of market is attributable to new directions, for example, significant utilize necessities, the execution of ACO's and some other ongoing changes in the government medicinal services controls, for example, medicare and Medicaid motivator and punishment designs are driving change in this market. One of such change is important necessity for reporting pulse in EMR will increment from half to 80% on all patients. Likewise the need to precisely store and break down information for enhanced social insurance quality is affectively driving the development of this market. Likewise now HDO assets needs to keep up tweaked interfaces and keep up manual information bolsters from Medical Device Connectivity.

Key Features of the Reports

  • The medical device connectivity market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Medical Device Connectivity Market Segmentation

By Component
  • Wi-Fi Hardware
  • Wireless Medical Telemetry Hardware
  • Bluetooth Hardware
  • Wired Hardware
  • Software
By End User
  • Hospital
  • Home Care
  • Others
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The key segments covered in the medical device connectivity market are: by component and by end user

The medical device connectivity market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

1.Executive Summary
2.Global Medical Device Connectivity Market Introduction 
2.1.Global Medical Device Connectivity Market  - Taxonomy
2.2.Global Medical Device Connectivity Market  - Definitions
2.2.1.Component
2.2.2.End User
2.2.3.Region
3.Global Medical Device Connectivity Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Medical Device Connectivity Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Medical Device Connectivity Market By Component, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Wi-Fi Hardware
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Wireless Medical Telemetry Hardware
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Bluetooth Hardware
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Wired Hardware
5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Software
5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6.Global Medical Device Connectivity Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Hospital
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Home Care
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Others
6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Medical Device Connectivity Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Medical Device Connectivity Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. Component Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Wi-Fi Hardware
8.1.2.Wireless Medical Telemetry Hardware
8.1.3.Bluetooth Hardware
8.1.4.Wired Hardware
8.1.5.Software
8.2.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Hospital
8.2.2.Home Care
8.2.3.Others
8.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Medical Device Connectivity Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Wi-Fi Hardware
9.1.2.Wireless Medical Telemetry Hardware
9.1.3.Bluetooth Hardware
9.1.4.Wired Hardware
9.1.5.Software
9.2.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hospital
9.2.2.Home Care
9.2.3.Others
9.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Medical Device Connectivity Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Wi-Fi Hardware
10.1.2.Wireless Medical Telemetry Hardware
10.1.3.Bluetooth Hardware
10.1.4.Wired Hardware
10.1.5.Software
10.2.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospital
10.2.2.Home Care
10.2.3.Others
10.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Medical Device Connectivity Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Wi-Fi Hardware
11.1.2.Wireless Medical Telemetry Hardware
11.1.3.Bluetooth Hardware
11.1.4.Wired Hardware
11.1.5.Software
11.2.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospital
11.2.2.Home Care
11.2.3.Others
11.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Medical Device Connectivity Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Wi-Fi Hardware
12.1.2.Wireless Medical Telemetry Hardware
12.1.3.Bluetooth Hardware
12.1.4.Wired Hardware
12.1.5.Software
12.2.  End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospital
12.2.2.Home Care
12.2.3.Others
12.3.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Cerner Corporation
13.2.2.Qualcomm Life
13.2.3.Philips
13.2.4.GE Healthcare
13.2.5.Medtronic
13.2.6.Infosys Limited
13.2.7.Cisco Systems
13.2.8.Bernoulli Enterprise
13.2.9.Digi International
13.2.10.Lantronix
14. Research Methodology 
15. Appendix and Abbreviations 
  • Cerner Corporation
  • Qualcomm Life
  • Philips
  • GE Healthcare
  • Medtronic
  • Infosys Limited
  • Cisco Systems
  • Bernoulli Enterprise
  • Digi International
  • Lantronix

Adjacent Markets