Connected Medical Devices Market is projected to grow to US$ 190.63 Billion by 2032 |according to a new study by Polaris Market Research
The global Connected Medical Devices Market was valued at USD 49.57 billion in 2022. Looking forward, the market is projected to grow to USD 190.63 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.4% over the forecast period from 2023 to 2032.The rising aging population and the expansion of telehealth services are the primary factors propelling the market forward. Besides, the growing prevalence of chronic diseases is projected to spur the industry demand over the estimated period.
๐ฌ๐๐๐๐๐๐๐ ๐๐๐๐ ๐ฎ๐๐๐๐๐: ๐ผ๐๐๐๐๐ ๐๐๐ ๐ญ๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐ฉ๐๐๐๐๐๐๐๐ ๐ป๐๐๐๐ ๐ด๐๐๐๐๐ - ๐ฎ๐๐ ๐๐๐๐ ๐บ๐๐๐๐๐ ๐น๐๐๐๐๐ ๐ป๐๐ ๐๐! https://www.polarismarketresearch.com/industry-analysis/connected-medical-devices-market/request-for-sample
Connected medical devices refer to devices that are capable of connecting to a network, such as the Internet. These devices can connect to the Internet through Wi-Fi, Bluetooth, or radio transmission. Along with the basic functions of curing, treating, or diagnosing disease, these medical devices come with digital capabilities. These devices commonly take the form of medical wearables, implantable devices, and therapeutic devices.
Also, diagnostic monitors and health apps are covered under connected medical devices. The primary benefits associated with the usage of connected medical devices include enhanced patient outcomes, lower healthcare costs, and human error avoidance. Besides, these medical devices can help in improving patient engagement and maintaining high-resolution patient records. Connected medical devices make use of cutting-edge hardware and innovative software to ensure the correct diagnosis and treatment of patients.
๐ฒ๐๐ ๐ฐ๐๐ ๐๐๐๐๐ ๐ท๐๐๐๐๐๐๐๐๐๐๐
The connected medical devices market is characterized by fragmentation. The key market contenders continually introduce new products to strengthen their market position.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3039/2
๐บ๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐:
โข Abbott Laboratories
โข AliveCor
โข Becton, Dickinson and Company (BD)
โข Boston Scientific
โข Cerner Corporation
โข General Electric (GE) Healthcare
โข Honeywell Life Care Solutions
โข Johnson & Johnson
โข Masimo
โข Medtronic
โข Philips Healthcare
โข ResMed
โข Roche Diagnostics
โข Siemens Healthineers
๐บ๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐:
โข Vital signs monitoring system segment to experience significant growth during the forecast period, which is mainly driven by increase in demand for blood pressure monitors, pulse oximeters, cardiac monitors, and wearable fitness trackers
โข Remote patient monitoring and telehealth is expected to grow significantly during the forecast period, which is mainly driven by telehealth consultations, remote cardiac monitoring, and digital mental health
โข Hospitals and clinics segment held the maximum market revenue share in 2022, mainly due to increase in use of connected medical devices for applications such as medication management, remote patient monitoring, electronic health records (EHR) integration
โข North America region dominated the market with majority share in 2022, owing to growth in wearable health tech, regulatory environment, and adoption of telehealth solutions
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/connected-medical-devices-market
๐น๐๐๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐
โข With rising healthcare expenditure and a surge in healthcare infrastructure development, Asia Pacific is expected to experience significant growth. Besides, the increasing prevalence of chronic conditions in APAC nations is impacting the regional market demand favorably.
โข The industry for connected medical devices in North America exhibits robust growth and innovation. Major trends in the region include the rapid integration of telehealth and the utilization of connected devices for managing chronic diseases. As such, North America emerged as the largest region in 2022.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐บ๐๐๐๐๐๐๐๐ ๐จ๐๐๐๐๐๐๐
โข By Device
o Respiratory Devices
o Vital Signs Monitoring System
o Patient Monitors
o Others
โข By Application
o Diagnostics
o Remote Patient Monitoring and Telehealth
o Treatment Services
o Wellness Services
o Fitness
o Others
โข By End User
o Hospitals and Clinics
o Ambulatory Centers
o Nursing Homes and Home Care
o Others
๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Medical Foods Market https://www.polarismarketresearch.com/industry-analysis/medical-foods-market
Tissue Diagnostics Market https://www.polarismarketresearch.com/industry-analysis/tissue-diagnostics-market
Respiratory Care Devices Market https://www.polarismarketresearch.com/industry-analysis/respiratory-care-devices-market
Nanomedicine Market https://www.polarismarketresearch.com/industry-analysis/nanomedicine-market
Microgreens Market https://www.polarismarketresearch.com/industry-analysis/microgreens-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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