Press release
Medical Device Connectivity Market Witness a Huge Growth during 2020-2027 | GE Healthcare, Qualcomm, Cerner Corporation, Koninklijke Philips N.V., Medtronic PLC
The market research report on the Medical Device Connectivity Market provides a comprehensive analysis of the market dynamics, including development trends, application, types, competitive environment, value chain optimization, and region. Besides this, the report also provides key statistics on the Medical Device Connectivity Market status of the leading market players, key trends, and potential growth opportunities in the market.The report is updated with the latest changes in the market dynamics owing to the recent COVID-19 pandemic. The report covers an extensive impact analysis of the COVID-19 crisis on the overall market. The report also provides an insight into the current and future market trends with regards to the COVID-19 pandemic.
Medical Device Connectivity Market was valued at USD 852.60 Million in 2019 and is projected to reach USD 4461.74 Million by 2027, growing at a CAGR of 24.8% from 2020 to 2027.
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Medical Device connectivity is a broad term that covers Artificial Intelligence and Big Data Analytics too. With increasing wireless connectivity in almost every domain, the demand for wireless tools in the medical sector is increasing at a tremendous rate. Modernization of hospitals and old age homes involves major applications of medical device connectivity with respect to patient monitoring and dosage monitoring. Also, alerts and emergency alarms comprise significant components functioning as connected devices. Interconnectivity in medical premises is supported by Govt. regulatory framework making it more widespread.
Certain factors such as penetrated applications of Electronic Health Records and Stringency in Govt. regulations regarding patient safety and care in medical centers are expected to drive the market during the forecast period. However, there are certain restraints that can cause a slowdown in the market expansion, such as unaccepting medical professionals towards medical device digitalization and a dearth of medical IT professionals to make the practice more convenient.
Top 10 Companies in the Global Medical Device Connectivity Market Research Report:
GE Healthcare
Qualcomm
Cerner Corporation
Nanthealth
Koninklijke Philips N.V.
Medtronic PLC
Cisco Systems
Infosys Limited
Digi International
Lantronix
Bernoulli Enterprise
The latest market study provides a lucid understanding of the Medical Device connectivity Market and the report scrutinizes the data by using primary and secondary research techniques. Moreover, it also sheds light on various dynamic aspects of businesses such as client requirements, demanding products or services, and raw material. Additionally, the data has been examined by means of effective analysis technique such as, SWOT and Porter’s Five analysis.
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Table of Content:
1 Introduction of Medical Device Connectivity Market
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 Executive Summary
3 Research Methodology of Verified Market Research
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 Medical Device Connectivity Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Medical Device Connectivity Market, By Deployment Model
5.1 Overview
6 Medical Device Connectivity Market, By Solution
6.1 Overview
7 Medical Device Connectivity Market, By Vertical
7.1 Overview
8 Medical Device Connectivity Market, By Geography
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East
9 Medical Device Connectivity Market Competitive Landscape
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 Company Profiles
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
11 Appendix
11.1 Related Research
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Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
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