IoT Medical Devices Market Set to Grow at 25.2% CAGR and Projected to Reach USD 63.43 billion by 2023 - Analysis by GE Healthcare, Philips, Johnson & Johnson, Siemens with Emering Forecast and Top Technologies

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The global IoT medical devices market was valued at USD 17.75 billion in 2017 and is projected to reach USD 63.43 billion by 2023, at a CAGR of 25.2% during the forecast period. Based on product, the vital signs monitoring segment is expected to grow at the fastest CAGR during the forecast period.

The IoT medical devices market in this report is segmented by product, type, connectivity technology, end users, and regions. It provides detailed information regarding major factors influencing the growth market (drivers, restraints, opportunities, and industry-specific challenges). IoT medical devices market report has been segmented by product, type, connectivity technology, end user, and region. Factors such as increasing government initiatives for promoting digital health, growing need for cost-containment in healthcare delivery, rising focus on active patient engagement and patient-centric care delivery.

#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 IoT Medical Devices Market, By Product
8 IoT Medical Devices Market, By Type
9 IoT Medical Devices Market, By Connectivity Technology
10 IoT Medical Devices Market, By End User
11 IoT Medical Devices Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix

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Geographically, IoT medical devices market has been studies for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2017, North America dominated the IoT medical devices market, followed by Europe, Asia Pacific, Latin America, and the Middle East & Africa. In North America, the US held the largest share of the IoT medical devices market in 2017.

Prominent players in IoT medical devices market are GE Healthcare (US), Philips (Netherlands), Medtronic (US), Honeywell Life Care Solutions (US), BIOTRONIK (Germany), Boston Scientific (US), Johnson & Johnson (US), Siemens (Germany), Omron (Japan), Bio Telemetry (US), AliveCor (US), iHealth Lab (US), AgaMatrix (US), Abbott Laboratories (US), STANLEY Healthcare (US), and Welch Allyn (US).

The following are the major objectives of the study.
• To define, describe, and forecast the global IoT medical devices market on the basis of product, connectivity technology, type, end user, and region
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market players
• To forecast the size of the IoT medical devices market, in five main regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
• To profile key players in the IoT medical devices market and comprehensively analyze their core competencies and market shares
• To track and analyze competitive developments such as mergers and acquisitions; new product/technology developments; expansions; partnerships and alliances; and R&D activities of the leading players in the global IoT medical devices market

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From an insight perspective, this research report has focused on various levels of analysis—market ranking analysis of top players, company profiles which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the IoT medical devices market; high-growth regions; and market drivers, restraints, and opportunities. The report provides the latest statistics and industry trends, allowing buyers to identify the high growth product segment and potential customers and suppliers hence driving revenue growth and profitability.

Break of supply side primary participants was as mentioned below:
• By Company Type – Tier 1–45%, Tier 2–31% and Tier 3–24%
• By Designation – C-level–46%, Director Level–32%, Others–22%
• By Region –North America–43%, Europe–27%, Asia-Pacific–25%, Middle East & Africa–3%,Latin America - 2%

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