North America Medical Device Connectivity Market – Growth & Forecast (2024

North America Medical Device Connectivity Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

North America Medical Device Connectivity is a maintenance and installation of connection which is used to transfer necessary data between the information systems and medical devices. It is used for enhancing clinical outcomes by reducing the nursing time and improving the accuracy. These devices carry a vital information such as maintenance schedule, patient history and real-time patient tracking information for providing the best care to patients. Various institutes and healthcare providers are more focused on the medical device connectivity market.

North America Medical Device Connectivity Market Segments Size & Growth:

North America Medical Device Connectivity Market is expected to increase by an $ XX billion by 2024 at a CAGR of XX%. Rising demand for home health care due to emergence of technologies such as mobile-health, better monitoring and patient information system, reduction in the number of nursing hours due to the application of intelligent medical devices, increasing aging population suffering from chronic diseases, optimal care provided to the patient due to increasing operational efficiency of the healthcare staff are the key

North America Medical Device Connectivity Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

factors driving the growth of medical device connectivity market.

North America Medical Device Connectivity Market Segments Share:

North America Medical Device Connectivity market is segmented into a product which includes medical device connectivity service and medical device connectivity solution. Among this medical device, service holds the largest share due to the many devices healthcare sector. Based on the component it is further divided into wired hardware and wireless hardware and Others. Wired hardware is having a high percentage of usage in the medical sector. By the end-user North America, medical device connectivity market is divided into home healthcare, hospital/clinic, and others.

Based on geography, North America holds the largest share, factors attributed to market growth in this region are increasing demand for the health services and solutions in reputed hospitals and health systems, accessibility to the technology in this region is high, the changing favourable regulations, increase in the funding and the investments made by the innovation of medical sector and the increasing aged population.

North America Medical Device Connectivity Market Trends:

Healthcare accelerator five. eight was launched by GE healthcare for improving healthcare outcomes for the developing economies.
Cerner extended their services with the use of IoT devices to deliver true virtual care for chronic condition management.
Collaboration and Remote care were introduced by Cisco to help care teams work better with each other and with the patients.

North America Medical Device Connectivity Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions 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.

GE Healthcare
Qualcomm Inc.
Cerner Corporation
Nanthealth, Inc.
Koninklijke Philips N.V.

Market Trends: Healthcare accelerator

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North America Medical Device Connectivity Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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