The global connected medical devices market size was US$ 31.2 billion in 2021. The global connected medical devices market size is forecast to reach US$ 181.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 22.1% during the forecast period from 2022 to 2030.
Medical equipment that is connected to data gathering and monitoring platforms such as computers, cellphones, and other devices are known as connected medical devices. Medical devices like this assist healthcare professional and caregivers in recording patient data for monitoring and consultation. The information can utilize to improve patient outcomes by informing healthcare decisions. Through wired or wireless connectivity options, collected patient data can monitor. Medical equipment that is connected not only reduces human error. In addition, it provides more accurate and consistent data. It necessitates the use of a common software interface to allow for seamless data upload, download, and aggregation.
Factors Influencing Market Growth
Regional Analysis
North America garnered the major market share in 2021 and is forecast to have lucrative growth during the forecast period. As a result of the growing prevalence of IoT-based solutions, increasing generic population, and developed medical infrastructure. In addition, the existence of significant market participants, overall adoption of clinical remote monitoring, and integration solutions to reduce healthcare costs. Additionally, a growing number of COVID-19 patients in the United States, and strict rules and policies are implemented by various government and non-government organizations. Thus, these factors boost the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global connected medical device market are:
Scope of the Report
The global connected medical device market segmentation focuses on Product, Application, End-User, and Region.
Segmentation based on Product
Segmentation based on Application
Segmentation based on End-User
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL CONNECTED MEDICAL DEVICES MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL CONNECTED MEDICAL DEVICES 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 GLOBAL CONNECTED MEDICAL DEVICES MARKET, BY PRODUCT
5.1 OVERVIEW
5.2 HEART RATE MONITOR
5.3 INSULIN PUMP
5.4 PORTABLE GPS PERS
5.5 PULSE OXIMETER
5.6 SMART PILL DISPENSER
5.7 GLUCOSE MONITOR
5.8 ECG MONITORING DEVICES
5.9 BP MONITOR
5.10 OTHERS
6 GLOBAL CONNECTED MEDICAL DEVICES MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 REMOTE MONITORING
6.3 TREATMENT SERVICES
6.4 FITNESS
6.5 CONSULTATION AND DIAGNOSIS SERVICES
6.6 WELLNESS SERVICES
7 GLOBAL CONNECTED MEDICAL DEVICES MARKET, BY END-USER
7.1 OVERVIEW
7.2 HOSPITALS
7.3 AMBULATORY SURGICAL CENTERS
7.4 SPECIALTY CLINICS
7.5 HOME CARE SETTINGS/MONITORING
7.6 OTHERS
8 GLOBAL CONNECTED MEDICAL DEVICES MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL CONNECTED MEDICAL DEVICES MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 HONEYWELL INTERNATIONAL INCORPORATED
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 GE HEALTHCARE
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 GARMIN LIMITED
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 BOSTON SCIENTIFIC CORPORATION
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 NXP SEMICONDUCTORS NV
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 KONINKLIJKE PHILIPS NV
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 ABBOTT LABORATORIES
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8 MEDTRONIC PLC
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 STANLEY BLACK & DECKER, INCORPORATED
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 QUALCOMM INCORPORATION
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
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