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.
A full report of IoT Medical Devices Market available at https://www.orionmarketreports.com/iot-medical-devices-market/28642/
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
IoT Medical Devices Market: Segmentation
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, Assisted Living Facilities, Long-term Care Centers, & Home Care Settings
• Other End Users
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
