Medical Device Connectivity Market is Likely to Upsurge at USD 13.13 Billion By 2030, Size, Share, Trends, Demand And Challenges

PRESS RELEASE
Published October 30, 2023

Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Medical Device Connectivity Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.

Globalization makes it clear that market research reports hold immense importance for the growth of many businesses. This wide-ranging market analysis document proves to be true in this regard and is designed in a way that is anticipated. It’s the demand or necessity of today’s business to do market research before making any verdict about the products. This is the transparent market report which has been structured with authentic tools and techniques. The market research analysis conducted in the winning business report helps improve the product and also decide about the necessary changes to the future products.

While creating this market report, customer requirements have been understood well and then one method or combination of many methods is used for further processing. In the report, complex market insights are turned into simpler versions with the help of proven tools and techniques and then provided to the clients. A combination of industry insight, practical solutions, talent solutions, and latest technology enhances the customer experience while using this market research report. The market studies, market insights, and market analysis included in this finest report keep the marketplace clearly in focus.

Data Bridge Market Research analyses that the medical device connectivity market, which was USD 2.13 billion in 2022, would rise to USD 13.13 billion by 2030 and is expected to undergo a CAGR of 25.5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Get a Sample Research Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-medical-device-connectivity-market

Electronic data is a rapidly developing adoption in the healthcare IT market. EHR databases and software offer rich resources to enhance precision medicine development. As per the NCHS (National Center for Health Statistics) at the CDC (Center for Disease Control and Prevention), U.S., the EHR adoption by primary care physicians surged from 72.1% in 2013 to 78.6% in 2014, witnessing an increase of 6.5%. Furthermore, the COVID-19 pandemic increased the demand for medical device connections, which boosted the growth and expansion of the market in the future.

Key Growth Drivers:

  • Growing Cases of Cancer

According to the International Agency for Research on Cancer (IARC) and Global Cancer Observatory (GLOBOCAN), cancer cases are rising. In Asia, China witnessed 4,285,033 cancer cases in 2018, followed by India and Japan, with 1,157,294 and 883,395 new cases, respectively. Globally, there were an expected 18.1 million cancer cases in 2020, of which 9.3 million were men and 8.8 million were women. The increasing burden of cancer is increasing the demand for advanced technologies, enhancing the wireless technology of the market. These patients need detailed care and constant monitoring, which is possible through this technology. Thus, this factor boosts market growth.

  • Increasing Adoption of Wireless Networks

Hospitals and other healthcare providers using wireless medical devices offer increased patient safety and data accuracy, improving patient care. Hospitals are now being provided with the wireless local area network (WLAN) in the infrastructure. WLAN is used in hospitals for health data transmission, communication, and patient monitoring. For instance, clinicians and nurses can make better clinical decisions with accurate patient information delivered through a personal digital assistant (PDA) or phone. Such applications of WLAN are very helpful in improving patient care and healthcare management. Thus, this factor boosts market growth.

The report outlines the involvement of key players, including:

Cerner Corporation (U.S.), Medtronic (Ireland), Masimo (U.S.), Koninklijke Philips N.V. (Netherlands), General Electric (U.S.), Stryker (U.S.), iHealth Labs Inc., (U.S.), Cisco Systems, Inc. (U.S.), Lantronix Inc. (U.S.), Infosys Limited (India), Silicon & Software Systems Ltd. (Ireland), Hill-Rom Services Inc. (U.S.), Silex Technology America, Inc (Japan), Digi International Inc. (U.S.), Baxter (U.S.), TE Connectivity (Switzerland), Bridge-Tech (U.S), and MediCollector (U.S.)

Know More about This Premium Research Report @ https://www.databridgemarketresearch.com/reports/global-medical-device-connectivity-market

Key Market Segmentation

Product and Service (Medical Device Connectivity Solutions, Medical Device Connectivity Services), Technology (Wired Technologies, Wireless Technologies, Hybrid Technologies), Application (Vital signs and patient monitors, Anesthesia machines and Ventilators, Infusion pumps, Others), End User (Hospitals, Home Healthcare Centers, Diagnostic Centers, Ambulatory Care Centers)

The Medical Device Connectivity market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Get the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-medical-device-connectivity-market

Browse More Reports:

https://www.databridgemarketresearch.com/reports/global-eosinophil-driven-diseases-market

https://www.databridgemarketresearch.com/reports/global-barretts-esophagus-market

https://www.databridgemarketresearch.com/reports/global-renal-drugs-market

https://www.databridgemarketresearch.com/reports/global-edema-treatment-market

https://www.databridgemarketresearch.com/reports/global-preventable-vaccines-market

https://www.databridgemarketresearch.com/reports/global-pancreatic-cancer-treatment-market

About Data Bridge Market Research, Private Ltd

Data Bridge Market Research is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe.

Contact Us

US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – 
corporatesales@databridgemarketresearch.com

CDN Newswire