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The global IoT medical device market is expected to reach $63.43 billion by 2023 from 205.9 billion dollars in 2018 at a CAGR of 25.2% over the forecast period. IoT medical devices offer multiple benefits, such as smooth transmission of EHRs, reduced medical errors, improved patient safety, allowing patient engagement, and providing patient-centered care. The market is expanding with the advancement of high-speed networking technology and the increasing penetration of smartphones, tablets and other mobile platforms in the medical field. The base year considered for study is 2020 and forecasts were provided between 2021and 2027.
Key Market Players
- AliveCor, Inc.
- GENERAL ELECTRIC COMPANY
- IBM Corporation
- Koninklijke Philips N.V.
- LINK LABS
- Medtronic
- OMRON Corporation
- Siemens Product Lifecycle Management Software Inc.
- STANLEY Healthcare
- Welch Allyn
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A full report of Global IoT Medical Devices Market is available at: https://www.orionmarketreports.com/iot-medical-devices-market/28642/
The following Segmentation are covered in this report:
By Product
- Vital Signs Monitoring Devices
- Respiratory Devices
- Fetal Monitoring Devices
- Neurological Devices
- Implantable Cardiac Devices
- Pacemakers
- Hearing Devices
- Anesthesia Machines
- Patient Monitors
- Ventilators
- Imaging Systems
- Infusion Pumps
- Other Products
By Type
- Wearable Medical Devices
- Implantable Medical Devices
- Stationary Medical Devices
- Other IoT Medical Devices
By Connectivity Technology:
- Bluetooth
- Wi-Fi
- ZigBee
- Other Connectivity Technologies
By End User:
- Hospitals & Clinics
- Nursing Homes
- Other End Users
The report covers the following objectives:
- Proliferation and maturation of trade in the global IoT Medical Devices Market.
- The market share of the global IoT Medical Devices Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global IoT Medical Devices Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global IoT Medical Devices Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)