Connected Medical Devices Market Analysis: Global Industry Trends, Share, & Scope

New York, USA, 2018-Jul-21 — /EPR Network/ —According to Goldstein Research, Favorable government policies along with raising awareness among patients are boosting the growth of connected medical devices market. To reduce the risk of unauthorized access of patient’s data, FDA issued specific safety communication guidelines for web-connected medical devices. Moreover, increasing demand of the point of care testing devices and connected health solutions is likely to boost the global market of connected medical devices.

Global connected medical devices market outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Countries such as China, Japan, Korea and India contributing high adoption rate of fitness and wellness devices. China and Japan together occupy 16% share of the global medical technology market which is benefitting the expansion of connected medical devices market in the region.

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Market Segmentation

On the basis of our in-depth analysis, global connected medical devices market can be segmented as follows:

Based on Product Type

  • Blood Pressure Monitors
  • ECG Monitors
  • Safety Monitoring Devices
  • Activity Monitoring Devices
  • Others ( Pulse oximeters, Pill Dispensers)

By Devices

  • Wearables
  • Non-Wearables

Based on Application

  • Remote Monitoring
  • Consultation and Diagnosis services
  • Treatment services
  • Fitness and Wellness services

By End-User

  • Hospitals
  • Clinics
  • Individual Consumers
  • Home Healthcare

Based on Geography

  • North America (U.S. & Canada) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, Rome) Connected Medical Devices Market {Market Share (%), Market Size(USD Billion)}

“Global Connected Medical Devices Market Outlook 2024” contains the detailed overview of the global connected medical devices market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, by devices, by applications and by end users.

Further, for the in-depth analysis, Connected Medical Devices Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Johnson & Johnson, Aerotel Medical Systems Ltd., Philips Healthcare, Cisco Inc.etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global connected medical devices market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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Our analysts working on Healthcare market reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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