The IoT Medical Devices Market is forecasted to be worth USD 161.73 Billion by 2027, according to a current analysis by Emergen Research.
The latest market intelligence report, titled ‘Global IoT Medical Devices Market’, is intended to provide the target audience with the necessary information about the global IoT Medical Devices industry. The report comprises a detailed analysis of the vital elements of the IoT Medical Devices market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
Technological advancement and rise in the geriatric population, along with the growth in the persistent disease, are impacting the demand for the IoT medical devices market. Moreover, the reduction in the duration of room stay has further fuelled the demand for the IoT medical devices market. Market players are initiating novel and innovative software programs to address market issues.
The proliferation of IoT in medical devices has enhanced functional efficiency, allowing improved disease management and treatment outcomes. A surge in investment by the hospitals for the adoption of advanced technology in both developing and developed regions will fuel IoT Medical Devices market demand. The increasing focus on active patient-centric care and patient engagement, the surging need for the adoption of cost-control measures, and the growth of high-speed network technologies for IoT connectivity in the healthcare sector.
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This study relies on the evolution of the industry to derive the trends that are observed. A significant increase in the global market is visible, which promises the expansion of the market in the coming years.
The major manufacturers covered in this report:
GE Healthcare, Medtronic, Abbott Laboratories, Siemens, Johnson Johnson, Boston Scientific, Philips Healthcare, Honeywell Life Care Solutions, Omron, Biotronik
Segments Covered in this report are:
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Vital Signs Monitoring Devices
- Blood Pressure Monitors
- Blood Glucose Monitors
- ECG/Heart Rate Monitors
- Oximeters
- Multiparameter Monitors
- Respiratory Devices
- Fetal Monitoring Devices
- Neurological Devices
- Implantable Cardiac Devices
- Implantable Cardioverter Defibrillators
- Implantable Cardiac Monitors
- Pacemakers
- Hearing Devices
- Anesthesia Machines
- Patient Monitors
- Ventilators
- Imaging Systems
- Infusion Pumps
- Other Products
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Wearable Medical Devices
- Implantable Medical Devices
- Stationary Medical Devices
- Other IoT Medical Devices
- Connectivity Technology Outlook (Revenue, USD Billion; 2017-2027)
- Bluetooth
- Wi-Fi
- ZigBee
- Near Field Communication (NFC)
- Other Connectivity Technologies
This report strategically examines the micro-markets and brings to light the impact of technology upgrades on the performance of the IoT Medical Devices market.
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