Global Medical Device Connectivity Market – Industry Trends & Forecast to 2026

SUBSCRIBE FOR UPDATED REPORTS

Get great contents delivered straight to your inbox everyday, just a click away, Sign Up Now.
Name
Email
US : +1-888-387-2818
UK : +44 208 089 1725

Global Medical Device Connectivity Market – Industry Trends & Forecast to 2026

Global
Upcoming Reports
  • No of pages :
    350
  • No of Figures:
    60
  • No of Tables:
    220
  • Report Type:
    Upcoming
  • Category:

Global Medical Device Connectivity Market By Product & Service (Solutions, Services), Components (Wireless Hardware, Wired Hardware, Software), Technology (Wired Technologies, Wireless Technologies, Hybrid Technologies), End-User (Hospitals, Home Healthcare, Ambulatory Care Centers, Imaging & Diagnostic Centers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Medical Device Connectivity Market

Global medical device connectivity market is expected to rise to an estimated value of USD 10.54 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rising adoption of remote monitoring capabilities in healthcare services along with increasing the quality of services and safety of patients.

Market Definition: Global Medical Device Connectivity Market

Medical device connectivity is the application of digital technology which involves connecting the medical devices providing treatment and being used for servicing the patients to be connected with a central network, this technology is then used to control the usage, administer therapeutics, supply continuous remote monitoring and accompanying data, etc. The application of this technology results in lower cost of treatment, as well as providing better diagnosis based on the collected patient data.

Market Drivers

  • High rates of infiltration of digital services such as EHR’s and patient data in healthcare organizations; this factor is expected to drive the growth of the market
  • Rising levels of policies adoption resulting in better healthcare IT services; this factor is expected to drive the growth of the market
  • Connectivity of medical devices and services being provided to patients in healthcare settings provide lower costs and helps provide better analysis of patient data; this factor is expected to drive the growth of the market

Market Restraints

  • Large costs associated with the integration of these services in case of small-scale healthcare organizations; this factor is expected to restrain the growth of the market
  • Unwillingness in preference and adoption of digital healthcare IT services; this factor is expected to restrain the growth of the market

Segmentation: Global Medical Device Connectivity Market

By Product & Service

  • Solutions
    • Integration Solution
    • Telemetry Systems
    • Connectivity Hubs
    • Interface Devices
  • Services
    • Support & Maintenance Services
    • Implementation & Integration Services
    • Training Services

By Components

  • Wireless Hardware
    • Wi-Fi
    • Web Map Tile Service (WMTS)
    • Bluetooth
  • Wired Hardware
  • Software

By Technology

  • Wired Technologies
  • Wireless Technologies
  • Hybrid Technologies

By End-User

  • Hospitals
  • Home Healthcare
  • Ambulatory Care Centers
  • Imaging & Diagnostic Centers

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • Middle East & Africa
    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East & Africa

Key Developments in the Market:

  • In February 2019, Francisco Partners announced that they had acquired Qualcomm’s business operation branded as “Qualcomm Life”. The acquired operations deal in providing end-to-end medical device connectivity across the different stages of healthcare services. The business operations will be divided into two organizations namely, “Capsule Technologies, Inc.” and “2net”. Capsule will provide connectivity capabilities of medical devices to hospitals while 2net will focus on providing a mobile platform for medical services.
  • In January 2019, Baxter announced that they had acquired True Process. This acquisition includes “True Process’” “Vines” software platform which has been created to collect the patient data from devices connected at the bedside and normalization of these devices. This acquisition will help in greater innovations and provision of specific care healthcare services for individual patients.

Competitive Analysis: Global Medical Device Connectivity Market

Global medical device connectivity market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical device connectivity market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Medical Device Connectivity Market

Few of the major competitors currently working in the global medical device connectivity market are GENERAL ELECTRIC COMPANY; Cisco; Koninklijke Philips N.V.; iHealth Labs Inc.; Capsule Technologies, Inc.; Baxter; Cerner Corporation; Bernoulli; Medtronic; Silex Technology, Inc.; McKesson Corporation; NantHealth, Inc.; Infosys Limited; Lantronix, Inc.; Spectrum Medical; Digi International Inc.; Siemens Healthcare GmbH; eDevice and Drägerwerk AG & Co. KGaA.

Research Methodology: Global Medical Device Connectivity Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global medical device connectivity market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Choose Licence Type

Enterprise, Single User

1. INTRODUCTION

       1.1. OVERVIEW OF THE MEDICAL DEVICE CONNECTIVITY MARKET
       1.2. MARKET SEGMENTATION & COVERAGE
                1.2.1. CURRENCY AND PRICING 
                1.2.2. LIMITATION
                1.2.3. STAKEHOLDERS

2. RESEARCH METHODOLOGY

       2.1. KEY TAKEAWAYS
       2.2. ARRIVING AT THE GLOBAL MEDICAL DEVICE CONNECTIVITY MARKET SIZE
                2.2.1. MARKET CRACKDOWN APPROACH 
                2.2.2. COMPANY REVENUE AND MARKET SHARE ANALYSIS
                2.2.3. DATA TRIANGULATION
                2.2.4. KEY DATA POINTS FROM PRIMARY SOURCES
                2.2.5. KEY DATA POINTS FROM SECONDARY SOURCES
                2.2.6. PORTER’S FIVE FORCES MATRIX
       2.3. GLOBAL MEDICAL DEVICE CONNECTIVITY MARKET: RESEARCH SNAPSHOT
       2.4. ASSUMPTIONS

3. MARKET LANDSCAPE SUMMARY

4. PREMIUM INSIGHTS

       4.1. OVERVIEW
       4.2. GLOBAL MEDICAL DEVICE CONNECTIVITY MARKET: KEY PRIMARY INSIGHTS
       4.3. MARKET OVERVIEW
                4.3.1. DRIVERS
                 4.3.2. RESTRAINTS
                4.3.3. OPPURTUNITIES
                4.3.4. THREATS
       4.4. KEY MARKET TRENDS AND UPCOMING TECHNOLOGIES

5. MEDICAL DEVICE CONNECTIVITY STANDARDS AND RESOURCES

       5.1. OVERVIEW
       5.2. HEALTH LEVEL SEVEN (HL7) INTRAOPERABILITY STANDARDS
                5.2.1. HISTORY
                5.2.2. HL7 V2
                5.2.3. HL7 V2
                5.2.4. HL7 V3 RIM
                5.2.5. CONSOLIDATED CLINICAL DOCUMENT ARCHITECTURE (CCDA)
                5.2.6. CONTINUITY OF CARE DOCUMENT
                5.2.7. OTHER HL7 STANDARDS
       5.3. OTHER HEALTHCARE INTRAOPERABILITY STANDARDS
                5.3.1. DIGITAL IMAGING AND COMMUNICATION IN IMAGING (DICOM)
                5.3.2. INTEGRATIOPN OF HEALTHCARE STANDARDS (IHE)
       5.4. FAST HEALTHCARE INTRAOPERABILITY RESOURCES (FHIR)
                5.4.1. PRESENT MARKET TRENDS
                5.4.2. FHIR INTRAOPERABILITY WITH OTHER HL7 STANDARDS
                5.4.3. FHIR INTRAOPERABILITY WITH DICOM

6. MEDICAL DEVICE CONNECTIVITY MARKET, BY PRODUCT TYPE

       6.1. OVERVIEW
       6.2. CONNECTIVITY HARDWARE
                6.2.1. WIRED CONNECTIVITY HARDWARE
                6.2.2. WIRELESS CONNECTIVITY HARDWARE
             6.2.2.1. WI-FI
                            6.2.2.2. WIRELESS MEDICAL TELEMETRY SYSTEM (WMTS)
                            6.2.2.3. BLUETOOTH
       6.3. INTEGRATION SOFTWARE

7. MEDICAL DEVICE CONNECTIVITY MARKET, BY APPLICATION

       7.1. OVERVIEW
       7.2. ELECTRONIC MEDICAL RECORD (EMR)
       7.3. PATIENT MONITORING
       7.4. OTHERS

8. MEDICAL DEVICE CONNECTIVITY MARKET, BY END USER

       8.1. OVERVIEW
       8.2. HOSPITALS
       8.3. COMMUNITY HEALTHCARE
       8.4. CLINICS
       8.5. OTHERS

9. MEDICAL DEVICE CONNECTIVITY MARKET, BY GEOGRAPHY

       9.1. COUNTRYWISE MEDICAL DEVICE CONNECTIVITY MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
                9.1.1. NORTH AMERICA
                           9.1.1.1. U.S.
                           9.1.1.2. CANADA
                           9.1.1.3. MEXICO
                9.1.2. EUROPE
                           9.1.2.1. GERMANY
                           9.1.2.2. FRANCE
                           9.1.2.3. U.K.
                           9.1.2.4. ITALY
                           9.1.2.5. SPAIN
                           9.1.2.6. RUSSIA
                           9.1.2.7. TURKEY
                           9.1.2.8. BELGIUM
                           9.1.2.9. NETHERLANDS
                           9.1.2.10. SWITZERLAND
                           9.1.2.11. REST OF EUROPE
                9.1.3. ASIA-PACIFIC (APAC)
                           9.1.3.1. JAPAN
                           9.1.3.2. CHINA
                           9.1.3.3. SOUTH KOREA
                           9.1.3.4. INDIA
                           9.1.3.5. AUSTRALIA
                           9.1.3.6. SINGAPORE
                           9.1.3.7. THAILAND
                           9.1.3.8. MALAYSIA
                           9.1.3.9. INDONESIA
                           9.1.3.10. PHILIPPINES
                           9.1.3.11. REST OF APAC
                9.1.4. LATIN AMERICA
                9.1.5. MIDDLE EAST AND AFRICA
       9.2. KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES

10. U.S. MEDICAL DEVICE CONNECTIVITY MARKET: BY INTRAOPERABILITY STANDARD

       10.1. OVERVIEW
       10.2. HL7 STANDARDS
       10.3. FHIR
       10.4. OTHERS

11. MEDICAL DEVICE CONNECTIVITY MARKET: COMPETITIVE LANDSCAPE

       11.1. GLOBAL MEDICAL DEVICE CONNECTIVITY MARKET: COMPANY SHARE ANALYSIS
       11.2. U.S. MEDICAL DEVICE CONNECTIVITY MARKET: COMPANY SHARE ANALYSIS
       11.3. MERGERS & ACQUISITIONS
       11.4. NEW PRODUCT DEVELOPMENT & APPROVALS
       11.5. EXPANSIONS
       11.6. REGULATORY CHANGES
       11.7. PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS

12. MEDICAL DEVICE CONNECTIVITY MARKET, COMPANY PROFILES

       12.1. CERNER CORPORATION
                12.1.1. OVERVIEW
                12.1.2. SWOT ANALYSIS
                12.1.3. PRODUCT PORTFOLIO
                12.1.4. REVENUE ANALYSIS
                12.1.5. ANALYSTS VIEW
       12.2. KONINKLIJKE PHILIPS N.V.
                12.2.1. OVERVIEW
                12.2.2. SWOT ANALYSIS
                12.2.3. PRODUCT PORTFOLIO
                12.2.4. REVENUE ANALYSIS
                12.2.5. ANALYSTS VIEW
       12.3. DIGI INTERNATIONAL INC.
                12.3.1. OVERVIEW
                12.3.2. SWOT ANALYSIS
                12.3.3. PRODUCT PORTFOLIO
                12.3.4. REVENUE ANALYSIS
                12.3.5. ANALYST VIEW
       12.4. MCKESSON CORPORATION
                12.4.1. OVERVIEW
                12.4.2. SWOT ANALYSIS
                12.4.3. PRODUCT PORTFOLIO
                12.4.4. REVENUE ANALYSIS
                12.4.5. ANALYSTS VIEW
       12.5. CISCO SYSTEMS INC.
                12.5.1. OVERVIEW
                12.5.2. SWOT ANALYSIS
                12.5.3. PRODUCT PORTFOLIO
                12.5.4. REVENUE ANALYSIS
                12.5.5. ANALYSTS VIEW
       12.6. MEDTRONIC, INC.
                12.6.1. OVERVIEW
                12.6.2. SWOT ANALYSIS
                12.6.3. PRODUCT PORTFOLIO
                12.6.4. REVENUE ANALYSIS
                12.6.5. ANALYSTS VIEW
       12.7. SIEMENS HEALTHCARE GMBH
                12.7.1. OVERVIEW
                12.7.2. SWOT ANALYSIS
                12.7.3. PRODUCT PORTFOLIO
                12.7.4. REVENUE ANALYSIS
                12.7.5. ANALYSTS VIEW
       12.8. HONEYWELL HOMEMED LLC
                12.8.1. OVERVIEW
                12.8.2. SWOT ANALYSIS
                12.8.3. PRODUCT PORTFOLIO
                12.8.4. REVENUE ANALYSIS
                12.1.5. ANALYSTS VIEW
       12.9. DRÄGERWERK AG & CO. KGAA
                12.9.1. OVERVIEW
                12.9.2. SWOT ANALYSIS
                12.9.3. PRODUCT PORTFOLIO
                12.9.4. REVENUE ANALYSIS
                12.9.5. ANALYSTS VIEW
       12.10. EDEVICE INC.
                12.10.1. OVERVIEW
                12.10.2. SWOT ANALYSIS
                12.10.3. PRODUCT PORTFOLIO
                12.10.4. REVENUE ANALYSIS
                12.10.5. ANALYSTS VIEW
       12.11. QUALCOMM INC.
                12.11.1. OVERVIEW
                12.11.2. SWOT ANALYSIS
                12.11.3. PRODUCT PORTFOLIO
                12.11.4. REVENUE ANALYSIS
                12.11.5. ANALYSTS VIEW
       12.12. LANTRONIX INC.
                12.12.1. OVERVIEW
                12.12.2. SWOT ANALYSIS
                12.12.3. PRODUCT PORTFOLIO
                12.12.4. REVENUE ANALYSIS
                12.12.5. ANALYSTS VIEW
       12.13. GE HEALTHCARE LTD.
                12.13.1. OVERVIEW
                12.13.2. SWOT ANALYSIS
                12.13.3. PRODUCT PORTFOLIO
                12.13.4. REVENUE ANALYSIS
                12.13.5. ANALYSTS VIEW
       12.14. SILEX TECHNOLOGY AMERICA, INC.
                12.14.1. OVERVIEW
                12.14.2. SWOT ANALYSIS
                12.14.3. PRODUCT PORTFOLIO
                12.14.4. REVENUE ANALYSIS
                12.14.5. ANALYSTS VIEW
       12.15. NANTHEALTH
                12.15.1. OVERVIEW
                12.15.2. SWOT ANALYSIS
                12.15.3. PRODUCT PORTFOLIO
                12.15.4. REVENUE ANALYSIS
                12.15.5. ANALYSTS VIEW
       12.16. SPECTRUM MEDICAL
                12.16.1. OVERVIEW
                12.16.2. SWOT ANALYSIS
                12.16.3. PRODUCT PORTFOLIO
                12.16.4. REVENUE ANALYSIS
                12.16.5. ANALYSTS VIEW
       12.17. TRUE PROCESS, INC.
                12.17.1. OVERVIEW
                12.17.2. SWOT ANALYSIS
                12.17.3. PRODUCT PORTFOLIO
                12.17.4. REVENUE ANALYSIS
                12.17.5. ANALYSTS VIEW

13. APPENDIX

14. ABOUT DATA BRIDGE MARKET RESEARCH

Please fill in the below form for detailed List of Table

Please fill in the below form for detailed List Of Figures

Please fill in the below form and our sales representatives will get back to you Shortly

Please fill in the below form and our sales representatives will get back to you Shortly

`