Lucintel Forecasts Medical Device Connectivity Market To Grow At A Cagr Of 24% To 26% From 2021 To 2026

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According to the recent study the medical device connectivity market is projected to grow at a CAGR of 24% to 26% from 2021 to 2026. Growth in this market is primarily driven by increasing focus on the quality of care and patient safety, rising healthcare cost, and growing demand for data analytics in healthcare.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in medical device connectivity market by product & services (medical device connectivity solutions (medical device integration, interface devices, connectivity hubs, and telemetry systems) and medical device connectivity service (support and maintenance, implementation and integration, training, and consulting)), end use industry (hospitals, home healthcare centers, diagnostic and imaging centers, and ambulatory care centers), technology (wired technology, wireless technology, and hybrid technology), application (anesthesiology, respiratory therapy, dialysis, cardiology, oncology, home healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Hospitals market is expected to remain the largest segment during the forecast period.”
Based on end use industry, the medical device connectivity market is segmented into hospitals, home healthcare centers, diagnostic and imaging centers, and ambulatory care centers. Lucintel forecasts that the hospitals market is expected to remain the largest segment due to growing number of hospitals and healthcare infrastructure.
“Within the medical device connectivity market, the wireless segment is expected to remain the largest technology.”
Based on technology the wireless segment is expected to witness the highest growth over the forecast period due to offers better quality of healthcare and reduces healthcare expenditure through remote patient monitoring.
“North America will dominate the medical device connectivity market in near future.”
North America will remain the largest region during the forecast period due to increasing need of clinical device connectivity and interoperability solutions to reduce the rising healthcare costs and strict regulations and guidelines by various government and non-government authorities.
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Major players of medical device connectivity market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Capsule Technologies, Cerner Corporation, GE Healthcare, Koninklijke Philips, Medtronic plc, Cisco Systems, Inc., Infosys Limited, Digi International Inc., Masimo Corporation, Hill-Rom Technologies, True Process, iHealth Labs, and Lantronix Inc. are among the major medical device connectivity providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/medical-device-connectivity-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

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Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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