Medical Device Connectivity Market to Rear Excessive Growth during 2016 – 2025 | Phillips Healthcare, Siemens Healthcare, GE Healthcare, Cerner Corp., Honeywell HomeMed LLC

“Medical Device Connectivity Market by Technology and Component - Global Industry Analysis and Forecast to 2025” according to new market research study this titled 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.

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Top Most Vendors:
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.

Market Classification:
Medical Device Connectivity Market, By Component, Estimates and Forecast, 2016-2025 ($Million)
Medical Device Connectivity Solution
Medical Device Connectivity Services

Medical Device Connectivity Market, By Technology, Estimates and Forecast, 2016-2025 ($Million)
Wireless Technologies
Wired Technologies
Hybrid Technologies

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.

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Table of Contents:
1. Introduction
2. Executive Summary
3. Market Overview
4. Medical Device Connectivity Market, By Component
4.1. Introduction
4.2. Medical Device Connectivity Market Assessment and Forecast, By Component, 2016-2025
4.2.1. Medical Device Connectivity Solutions
4.2.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.2.2. Medical Devices Connectivity Services
4.2.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5. Medical Device Connectivity Market, By Technology
5.1. Introduction
5.2. Medical Device Connectivity Market Assessment and Forecast, By Technology, 2016-2025
5.2.1. Wireless Technology
5.2.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.2. Wired Technology
5.2.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.2.3. Hybrid Technology
5.2.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
6. Medical Device Connectivity Market, By Region
7. Company Profiles
To be Continued…

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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.

List of Figures:
Figure 1.Global Medical Device Connectivity Market Share, By Component, 2016 & 2025
Figure 2.Global Medical Device Connectivity Market Share, By Technology, 2016 & 2025
Figure 3.Medical Device Connectivity Market, By Region, 2016, ($Million)
Figure 4.Capsule Tech Inc.: Net Revenues, 2014-2016 ($Million)
Figure 5 Capsule Tech Inc.: Net Revenue Share, By Segment, 2016
Figure 6 Capsule Tech Inc.: Net Revenue Share, By Geography, 2016
Figure 7.Cerner Corporation: Net Revenues, 2014-2016 ($Million)

Key Growing Factors of Market:

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.

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