Number of pages:
Parameters | Details |
---|---|
Base Year |
2021 |
Historical Data |
2016-2021 |
Forecast Data |
2022-2028 |
Base Year Value (2021) |
USD million |
Forecast Value (2028) |
USD million |
CAGR (2022 to 2028) |
% |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Medical Devices can be connected with handheld devices like tablets, smartphones, personal computers and even other wireless devices with each other. It requires standard software interface to enable seamless data upload, download capabilities and data aggregation. The estimated number of medical devices could reach over 50 billion over next few years.
The market is expected to show constant growth between 2016-2024. The study covers detail analysis, growth and forecast of the Connected Medical Devices Market. The report includes market analysis on regional level. The study covers historical data analysis from 2012 to 2016 and market forecast for 2017 to 2024 based on revenue generated. The study includes market value in terms of revenue in billion USD for years 2012-24 and compound annual growth rate (CAGR) in % for from 2016-24.
Internet of Things (IoT) includes machine-to-machine communication through cloud computing and networks of data-gathering sensors adding cost efficiency and accuracy in Connected Medical Devices. Market is growing at significant growth rate as more manufacturers I order to improve the coordination and delivery of patient care turning towards digital connectivity. Proliferation of a number of connected medical devices, helps health care industry to overcome challenge of cost efficiency leads to better delivery of health care to large number of patients.
Some of the important advantages of Connected Medical Devices are:
The report comprises value chain analysis for each of the product segments. Value chain analysis offers in depth information about value addition at each stage. The study includes drivers and restraints Connected Medical Devices Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end users/regions. Our study on Connected Medical Devices Market helps user to make precise decision in order to expand their market presence and increase their market share.
Connected Medical Devices Market: Product Type
Connected Medical Devices Market: Application / End User
Connected Medical Devices Market: Competitive Analysis
Connected Medical Devices Market: Regional Analysis
Connected Medical Devices Market Report was valued at around USD million in 2021 & estimated to reach USD by 2028.
Connected Medical Devices Market Report is likely to grow at compounded annual growth rate (CAGR) of % between 2022 to 2028.
Yes, the report includes COVID 19 impact on the market.
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