Medical Device Connectivity Market

Medical Device Connectivity Market Competitive Scenario of the Market, Major
Competitors, Market Share, Benchmarking, Investments and Merger Acquisitions
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Medical Device Connectivity Market
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.
Medical Device Connectivity Market
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.
Medical Device Connectivity Market
Key competitors are introducing new and innovative
products Medical Device Connectivity Market
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.
Medical Device Connectivity Market
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