1. Market Research
  2. > Healthcare
  3. > Medical Device Market Trends
Network Connected Medical Devices Market

Network Connected Medical Devices Market

  • July 2019
  • 305 pages
  • ID: 5815882
  • Format: PDF
  • Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Network Connected Medical Devices Market Research Report: By Product (Patient Monitoring Devices, Glucose Monitors, Insulin Pumps, Dialysis, CPAP Machines, Infusion Pumps, Defibrillators, Ventilators, Smart Beds, Oxygen Tanks, Coagulation Testing, Blood Processing Devices, CT Scanners, X-Ray Imaging Systems, Ingestible Sensors), Connectivity Technology (BLE, Wi-Fi, NFC, Cellular, Satellite, ZigBee), Regional Insight (U.S., Canada, U.K., France, Germany, Italy, Spain, Japan, China, India, Australia, Mexico, Brazil) - Global Industry Size, Share Analysis and Growth Forecast to 2024

The major driving factors for the network connected medical devices market are the technical advancements that have led to the development and inclusion of connected medical devices in the healthcare domain, rising incidence of chronic diseases, and surging geriatric population. By 2024, the market is expected to gather $66.6 billion revenue, compared to $19.5 billion in 2018, registering a 23.5% CAGR during the forecast period (2019–2024). Cloud-connected medical devices, which can be integrated with computer and mobile applications, are referred to as network connected medical devices or the internet of medical things.

The network connected medical devices market is observing the trend of partnerships and collaborations among market players to develop such devices. Medical device manufacturing companies are partnering with technology providers to amalgamate the two niches to develop IoT-empowered solutions. This is being done to capture significant market shares by expanding their reach. Further, the demand for such devices by end users, such as hospitals and other healthcare centers, is high due to their cost-effectiveness and efficiency.

The rapid inclusion of network connected medical devices in healthcare settings is a major supporting factor in the network connected medical devices market growth. The efficiency in the healthcare sector is primarily dependent on healthcare providers and cost-effective treatment. For effective monitoring, the medical device industry is witnessing a revolution in terms of the functioning of the devices. Smart medical devices, such as defibrillators, insulin pumps, cardiac monitoring devices, oxygen tanks, and continuous positive airway pressure (CPAP) machines, are helping in real-time remote patient monitoring, thereby obviating the need for frequent hospital visits.

The network connected medical devices market is segmented by region, product, and connectivity technology. Based on connectivity technology, the categories of the market are ZigBee, Bluetooth Low Energy (BLE), satellite, Wi-Fi, near field communication (NFC), and cellular. During the historical period (2014–2018), the largest revenue share in the market was held by the BLE category. Even in the forecast period, this category is expected to witness the fastest growth at a 23.9% CAGR, which can be credited to the ability of the technology to quickly transfer data over a short range.

Market Segmentation by Product
Patient Monitoring Devices
Cardiac monitoring devices
Mobile cardiac telemetry monitors
Electrocardiogram (ECG)
Pacemakers
Implantable loop recorders
Respiratory monitoring devices
Pulse oximeters
Spirometers
Capnographs
Peak flow meters
Neuromonitoring devices
Electroencephalograph (EEG)
Electromyograph (EMG)
Multi-parameter monitoring devices
Hemodynamic monitoring devices
Temperature monitoring devices
Weight monitoring devices
Glucose Monitors
Insulin Pumps
Dialysis
Continuous Positive Airway Pressure (CPAP) Machines
Infusion Pumps
Defibrillators
Ventilators
Smart Beds
Oxygen Tanks
Coagulation Testing
Blood Processing Devices
Computed Tomography (CT) Scanners
X-Ray Imaging Systems
Ingestible Sensors

Market Segmentation by Connectivity Technology
Bluetooth-Low Energy (BLE)
Wi-Fi
Near Field Communication (NFC)
Cellular
Satellite
ZigBee

Market Segmentation by Geography
North America Network Connected Medical Devices Market
By product
By connectivity technology
By country – U.S and Canada
U.S. network connected medical devices market
By product
By connectivity technology
Canada network connected medical devices market
By product
By connectivity technology
Europe Network Connected Medical Devices Market
By product
By connectivity technology
By country –U.K., France, Germany, Italy, Spain, and Rest of Europe
U.K. network connected medical devices market
By product
By connectivity technology
France network connected medical devices market
By product
By connectivity technology
Germany network connected medical devices market
By product
By connectivity technology
Italy network connected medical devices market
By product
By connectivity technology
Spain network connected medical devices market
By product
By connectivity technology
Asia-Pacific (APAC) Network Connected Medical Devices Market
By product
By connectivity technology
By country – Japan, China, India, Australia, and Rest of APAC
Japan network connected medical devices market
By product
By connectivity technology
China network connected medical devices market
By product
By connectivity technology
India network connected medical devices market
By product
By connectivity technology
Australia network connected medical devices market
By product
By connectivity technology
Latin America (LATAM) Network Connected Medical Devices Market
By product
By connectivity technology
By country – Mexico, Brazil, and Rest of LATAM
Mexico connected medical devices market
By product
By connectivity technology
Brazil connected medical devices market
By product
By connectivity technology
Middle East and Africa (MEA) Network Connected Medical Devices Market
By product
By connectivity technology
By country – Saudi Arabia, South Africa, and Rest of MEA
Saudi Arabia connected medical devices market
By product
By connectivity technology
South Africa connected medical devices market
By product
By connectivity technology

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2019

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on