Empowering Healthcare: Navigating the Future with Wireless Medical Device Connectivity

Wireless medical devices provide more comprehensive connectivity, enabling continuous patient monitoring while they are in motion. Wi-Fi and bluetooth components are included in wireless medical equipment, which continue to raise the bar for healthcare around the world.

Data Bridge Market Research analyses that the wireless medical device connectivity market which was USD 1.73 billion in 2021, would rocket up to USD 9.80 billion by 2029, and is expected to undergo a CAGR of 24.21% during the forecast period 2022 to 2029

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Wireless Medical Device Connectivity Market Dynamics
Drivers
Increasing prevalence of telehealth
The market players have lucrative potential to the growing demand for technologies like telehealth, the trend toward home healthcare and telemedicine, and the use of cloud- and mobility-driven devices in the healthcare sector.

Increasing investment for healthcare infrastructure
The primary drivers of the market between 2022 and 2029 will be the COVID-19 outbreak, which has prompted people to seek out home-based healthcare, rising demand for remote patient monitoring, and more precise and effective patient analysis to enhance healthcare treatments. The need to reduce expenses through shorter patient stays, fewer office visits, and fewer readmissions is driving up market demand.

Growth of automated workflow
The expansion of automated workflow and documentation for patients' safety and efficiency and the execution of rules regarding healthcare services also impact the market for wireless medical device connectivity.

Some of the major players operating in the wireless medical device connectivity market are:
• Cerner Corporation (U.S.)
• Medtronic (Ireland)
• Masimo (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• General Electric (U.S.)
• Stryker (U.S.)
• iHealth Labs Inc. (U.S.)
• Cisco Systems Inc. (U.S.)
• Lantronix Inc. (U.S.)
• Infosys Limited (India)
• Silicon & Software Systems Ltd. (Ireland)

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