IoT in Medical Devices Industry Trends 2025 - Boston Scientific, Cisco Systems Inc., GE Healthcare

The study provides a detailed view of the IoT in medical devices market, by segmenting it based on products, connectivity technology, application and regional demand. Increasing prevelance of chronic diseases and decreasing product cost propels the demand for IoT in medical devices market. Additionally, the multi-functional development of IoT in medical devices fuels the demand of this market.

The competitive profiling of the key players in the global market across five broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments.

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The report provides the size of the IoT in medical devices market in 2017 and the forecast for the next eight years up to 2025. The size of the global IoT in medical devices market is provided in terms of revenue. Market revenue is defined in US$ Mn. The market dynamics prevalent in North America, Europe, Asia Pacific, Middle East and Africa and Latin America has been taken into account in estimating the growth of the global market.

Market estimates for this study have been based on revenue being derived through regional pricing trends. The IoT in medical devices market has been analyzed based on expected demand. Bottom-up approach is done to estimate the global revenue of the IoT in medical devices market, split into regions. Based on products, connectivity technology and application the individual revenues from all the regions are summed up to achieve the total market revenue (TMR) for IoT in medical devices. Companies were considered for the market share analysis, based on their innovation and application and revenue generation. In the absence of specific data related to the sales of IoT in medical devices several privately held companies, calculated assumptions have been made in view of the company's penetration and regional presence.

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The report covers a detailed competitive outlook that includes the market share and company profiles of key players operating in the global market. Key players profiled in the report include Apple Inc., Boston Scientific, Cisco Systems Inc., GE Healthcare, IBM, Medtronic PLC, Microsoft Corporation, Philips, Siemens and Zigbee Alliance.

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