Medical Device Connectivity Market Size, Share, Development, Growth and Demand Forecast to 2022

The global medical device connectivity market is witnessing considerable growth due to increasing implementation of electronic health records and health information exchange systems, increasing regulations for improving healthcare quality, growing demand for home healthcare due to increasing geriatric population, improved diagnosis of patient, and increasing healthcare IT initiatives. Moreover, increasing prevalence of chronic diseases, increasing emphasis on care quality and patient safety, and increasing need to reduce healthcare costs through a connected healthcare environment are supporting the demand of medical device connectivity. The medical device connectivity aids in data analytics and growing adoption of telehealth solutions are also driving the growth of the market. Based on product type, the market for service segment is expected to grow at the faster rate compared to solution during the forecast period, due to increasing requirement for maximum consumption of connectivity solutions by the user, increasing regulatory requirements and healthcare reforms, increasing implementation of healthcare information exchange system, and increasing need for effective implementation.

Explore Report at: www.psmarketresearch.com/market-analysis/medical-device-connectivity-market

Each medical device has its own way to provide data. It is rare for the single medical device connectivity solution to fit the requirements of each medical device and the clinical workflow of various hospitals and care environment IT infrastructure. Medical device connectivity is communicating information of medical device with patient health record in a healthcare setting. It is used to control, configure, and monitor patient’s administration data such as timing, dose, rate and physiological data. It can help to improve patient outcomes by reducing errors that can contribute to misdiagnosis and drug errors, and clinicians time spend manually entering information. Medical device communication saves organizations time on lengthy repairs by communicating when preventive maintenance measures are to be taken.

Request for Table of Content at: www.psmarketresearch.com/market-analysis/medical-device-connectivity-market/toc-sample

Geographically, North America has been the largest and fastest growing market for medical device connectivity, owing to better accessibility to technologies, increasing demand for eHealth solutions, increasing funding for innovation in medical sector, increasing focus on quality of care and patient safety, and increasing government initiatives and support in the region. The U.S. contributed largest revenue to the North American as well as global medical device connectivity market. The increasing implementation of electronic health record systems, growing geriatric population, and increasing need for data analytic in healthcare are the key growth driving factor for the U.S. medical device connectivity market.

Browse Other Related Report at: www.psmarketresearch.com/industry-report/healthcare-it

The key players operating in the global medical device connectivity market are GE Healthcare, Cerner Corporation, Cisco Systems Inc., Qualcomm Inc., Koninklijke Philips N.V., Medtronic Plc., Infosys Limited, and Digi International Inc.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com

347, 5th Ave. #1402
New York City, NY - 10016

This release was published on openPR.