Internet of things has many applications in medical devices from remote monitoring to smart sensor medical device integration. IoT medical devices market will be growing at a CAGR of XX% to reach $XX Billion by 2025 from $XX Billion in 2019 during 2019-2025. The key attributes responsible for the growth of the IoT medical devices market are rising investments for implementation of IoT solutions, technological advancement, rising need for cost containment in healthcare delivery and increase in penetration of smartphones. Low doctor-to-patient ratio leading to increased dependency on self-operated eHealth platforms and increase in low-power wide-area networks are creating profitable opportunities in the IoT medical devices market.
Research Study Objectives:
- Define, estimate, and forecast the IoT Medical Devices market statistics by product, device type, connectivity technology, end user and regions concerning the individual growth drivers, market trends and their contribution toward the IoT Medical Devices market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the IoT Medical Devices Market Analysis
- Analysis and conclusions on the future IoT Medical Devices market outlook.
Top-down and bottom-up approaches are used to validate the IoT Medical Devices Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through
primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The
IoT Medical Devices Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the
IoT Medical Devices market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Internet of Things Medical Devices market segmentation is as follows:
By Product
- Imaging systems
- Vital signs monitoring systems
- Implantable cardiac devices
- Patient monitors
- Respiratory devices
- Infusion pumps
- Anaesthesia machines
- Neurological devices
- Hearing devices
- Fetal monitoring devices
- Ventilators
- Other products
By Device Type
- Stationary medical devices
- Implantable medical devices
- Wearable medical devices
- Other IoT medical devices
By Connectivity Technology
- Bluetooth
- ZigBee
- Wi-Fi
- Others
By End User
- Hospital & Clinics
- Nursing homes
- Assisted living facilities
Geographical Analysis:
IoT Medical Devices Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other
emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the IoT Medical Devices Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Internet of Things (IoT), Medical Devices Market Research Report,
Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant IoT Medical Devices market players, such as
- Huawei Technologies
- GE Healthcare
- Philips Healthcare
- Siemens
- Abbott Laboratories
- Along with these companies, many other companies are considered in the report while analysing the Global IoT Medical Devices Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
