Connected medical devices are majorly used for the connected health solutions that replace the traditional healthcare practices. The connected medical devices helps in multiple ways such as the care providers can provide better efficiency and accountability to their customers/ patients, reduction in the cost of treatment and improved quality of treatments.
The connected medical device market is expected to grow at an expected CAGR the end of the forecasted period due to technological advancements across the industry, high adoption of smartphones, tablets, and other mobile platforms, applications in the management of chronic diseases, rising point of care, and advantages such as reduced nurses’ time and reduced rate of patient readmission.
Major Key Players
- A&D Medical,
- Animas Corporation,
- BL Healthcare,
- Body Media Inc.,
- Boston Scientific,
- DexCom Inc.,
- eHIT Ltd,
- FitSense Technology
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Global Connected Medical Devices Market has been segmented on the basis of products which include Software, BP Monitor, Tracker, ECG, CPAP, Holter, BiPAP, on the basis of feature which includes Communication, Networking, on the basis of Care which consists of Sleep Apnea, Blood Pressure on the basis of end users which includes Hospital, Patient, Clinic.
Regional Analysis of Connected Medical Devices Market:
Globally North America is the largest market for Connected Medical Devices, large share of this market is focused on the rise in new, updated and faster technologies which help in an effective and efficient manner. The North American market for Connected Medical Devices expected to grow at a expected CAGR to reach at Million by the end of the forecasted period. Europe is the second-largest market for Connected Medical Devices, which is expected to grow at a Steady CAGR.
Test the market data and market information presented through more than 34 market data tables and 28 figures spread over 110 numbers of pages of the project report. Avail the in-depth TOC & market synopsis on “Global Connected Medical Devices Market Research Report – Forecast to 2027”
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Study Objectives of Connected Medical Devices Market:
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global Connected Medical Devices Market
- To provide insights about factors affecting the market growth
- To Analyze the Global Connected Medical Devices Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by product, by care, by feature, by end user and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Connected Medical Devices Market.
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4.2 Growth Drivers
4.2.1 Technological Advancements across the industry
4.2.2 High Adoption of Smartphones, Tablets, and Other Mobile Platforms
4.2.3 Applications in the Management of Chronic Diseases
4.2.4 Rising Point of Care
4.2.5 Advantages such as reduced nurses’ time and reduced rate of patient readmission
4.3 Growth Barriers
4.3.1 Data Theft and fraudulent due to lower of Security patient’s data
4.3.2 Reluctance towards the usage of these devices over the traditional care methods
4.3.3 Interoperability Issues
4.4 Market Opportunities
4.4.1 Untapped Markets in Emerging Economies
4.4.2 The Shifting Trend Towards Telehealth
4.5 Macroecnomical Indicators
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