Medical Device Connectivity Market 2020:Industry Analysis and Detailed Profiles of top Industry Players GENERAL ELECTRIC COMPANY; Cisco; Koninklijke Philips N.V.; iHealth Labs Inc.; Capsule Technologies, Inc.

Global medical device connectivity market analyses the current industry situations on a large scale to provide the medical device connectivity market developments, market size and progress estimates. The main element details related to medical device connectivity market essential market segments, opportunities and medical device connectivity market constraints are presented in this report. Further, this report lists the product definition, applications,market scope, and major product manufacturing regions. An extensive view of medical device connectivity industry major manufacturers and medical device connectivity supply/demand scenario are covered deeply.This kind of record comprehensively analyses the present medical device connectivity market segments as well as the rising segments which can anticipate the forecast medical device connectivity market development.

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.

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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.

Medical Device Connectivity Market Scenario

According to Data Bridge Market Research, the medical device connectivity market is growing due to the rising penetration of EHRs and health information exchange system in healthcare organization, increasing need to reduce the healthcare cost with a connected healthcare environment, increasing focus on the provision of care quality and patient safety will positively raise the market growth and rising initiatives in healthcare It and integration of medical devices with hospital information system will surge the market growth. Increasing consolidation and growing telehealth and remote patient monitoring will further create new opportunities for the growth of the market.

Now the question is which are the other regions that medical device connectivity market is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific medical device connectivity market and the market leaders targeting China, India and Japan to be their next revenue pockets for 2020.

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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
South America
Europe
Asia-Pacific
Middle East & Africa

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