Global Network Connected Medical Devices Market was valued at USD 20.0 billion in 2018, Observing a CAGR of 24.0% during 2019–2024: VynZ Research

Industry Insights by Product (Patient Monitoring Devices, Glucose Monitors, Insulin Pumps, Dialysis, CPAP Machines, Infusion Pumps, Defibrillators, Ventilators, Smart Beds, Oxygen Tanks, Coagulation Testing, Blood Processing Devices, CT Scanners, X-Ray Imaging Systems, Ingestible Sensors), by Connectivity Technology (BLE, Wi-Fi, NFC, Cellular, Satellite, ZigBee)


NEW YORK, Dec. 23, 2019 (GLOBE NEWSWIRE) -- The global network connected medical devices market is expected to grow at a CAGR of 24.0% during the forecast period with its market size valued at USD 20.0 billion in 2018. Globally, network connected medical devices industry players are undertaking product innovations and technological upgradations that are enabling the manufacturers to gain competitive advantage across the globe.

Get a free copy of sample report: https://www.vynzresearch.com/healthcare/network-connected-medical-devices-market/request-sample

IoT devices help in transferring and collecting health data such as oxygen, blood pressure, weight, blood sugar and ECGs. Network connected devices enable real time monitoring connected with smartphone application, connected devices aims at collecting medical and other required data pertaining to health and further aims at sending the collected information to a physician which enables flexible and efficient medical operations.   

Patient monitoring devices category held largest share in the network connected medical devices market in 2018

On the basis of product, the global network connected medical devices market is categorised into insulin pumps, patient monitoring devices, defibrillators, glucose monitors, infusion pumps, smart hospital beds, CT scanners, CPAP machines, ingestible sensors, dialysis machines, coagulation testing, x-ray imaging systems, ventilators and oxygen tanks. Amongst these segments, patient monitoring devices are anticipated to generate largest revenue owing to extensive adoption of cloud technique in healthcare and high cost of these devices.

Explore key industry insights in 89 tables and 50 figures from the 202 pages of report, “Global Network Connected Medical Devices Market Analysis and Forecast to 2024 - Insights by Product (Patient Monitoring Devices, Glucose Monitors, Insulin Pumps, Dialysis, CPAP Machines, Infusion Pumps, Defibrillators, Ventilators, Smart Beds, Oxygen Tanks, Coagulation Testing, Blood Processing Devices, CT Scanners, X-Ray Imaging Systems, Ingestible Sensors), by Connectivity Technology (BLE, Wi-Fi, NFC, Cellular, Satellite, ZigBee)

Geography Insight

Network connected medical devices market in North America is anticipated to generate largest revenue by 2024 owing to extensive adoption of IT solutions in healthcare domain and prevalence of modern healthcare IT infrastructure. Furthermore increased legislatives initiatives undertaken in countries of this region such as HITECH law along with existence of large market players of connected devices are another factors that are strengthening the growth of network connected medical devices market in North America.

Competitive Insight

Some of the players having prominent presence in the global network connected medical devices market include Nonin Medical Inc., NuvoAir AB, Koninklijke Philips N.V., Hoffmann-La Roche Ltd., PhysIQ Inc., General Electric Company, Drgerwerk AG & Co. KGaA, Fresenius Medical Care AG & Co. KGaA, Medtronic plc, Myontec Ltd., OxyGo LLC, Proteus Digital Health Inc., Aerotel Medical Systems Ltd., Aero Healthcare AU Pty Ltd., OMRON Corporation, and Hill-Rom Holdings Inc.

Do you have any specific research requirement? Ask for customization: https://www.vynzresearch.com/healthcare/network-connected-medical-devices-market/customize-report

Key Takeaway from the Report:

  • Among all the product, patient monitoring devices are anticipated to generate largest revenue during the forecast period.
  • Of all the connectivity technology, bluetooth-low energy (BLE) technology is anticipated to contribute largest revenue during the forecast period.

The Report Offers:

  • Historical market estimate for the years 2014–2018 and forecast for the years 2019–2024
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

Benefits of Report Purchase from VynZ:

Detailed Research

We provide accurate data and in-depth analysis with all-inclusive coverage.

Robust Research Methodology

Robust research methodology and data triangulation to ensure high quality report.

Analyst Support

24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.

Sales Support

24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.

Free Customization

20% post purchase free customization to meet your requirements.

Customer Satisfaction

We claim full customer satisfaction as our core values lie in building long term relationship.

Security

High level of data security and confidentiality of your information.

The report provides the market value for the base year 2018 and a yearly forecast till 2024 in terms of revenue (USD Million). The report segments the global network connected medical devices market on the basis of product, connectivity technology, and region.

Global Network Connected Medical Devices Market Coverage

Product Insight and Forecast 2014-2024

  • Patient Monitoring Devices
    • Cardiac Monitoring Devices
      • Mobile Cardiac Telemetry Monitors
      • Electrocardiogram (ECG)
      • Pacemakers
      • Implantable Loop Recorders
    • Respiratory Monitoring Devices
      • Pulse Oximeters
      • Spirometers
      • Capnographs
      • Peak Flow Meters
    • Neuromonitoring Devices
      • Electroencephalograph (EEG)
      • Electromyograph (EMG)
    • Multi-Parameter Monitoring Devices
    • Hemodynamic Monitoring Devices
    • Temperature Monitoring Devices
    • Weight Monitoring Devices
  • Glucose Monitors
  • Insulin Pumps
  • Dialysis
  • Continuous Positive Airway Pressure (CPAP) Machines
  • Infusion Pumps
  • Defibrillators
  • Ventilators
  • Smart Beds
  • Oxygen Tanks
  • Coagulation Testing
  • Blood Processing Devices
  • Computed Tomography (CT) Scanners
  • X-Ray Imaging Systems
  • Ingestible Sensors

Connectivity Technology Insight and Forecast 2014-2024

  • Bluetooth-Low Energy (BLE)
  • Wi-Fi
  • Near Field Communication (NFC)
  • Cellular
  • Satellite
  • ZigBee

Geographical Segmentation

Network Connected Medical Devices Market by Region

North America

  • By Product
  • By Connectivity Technology
  • By Country – U.S., Canada, and Mexico    

Europe

  • By Product
  • By Connectivity Technology
  • By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

  • By Product
  • By Connectivity Technology
  • By Country – China, Japan, India, Australia, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Product
  • By Connectivity Technology
  • By Country – Brazil, Saudi Arabia, South Africa, and Other Countries

More from VynZ Research:

Global Dermacosmetics Market Analysis and Forecast to 2024

The global dermacosmetics market was valued at USD 53.0 billion in 2018. The market is growing due to extensive number of conferences and seminars, increasing pervasiveness of skin diseases and extensive consciousness among citizens towards appearance. Furthermore, increasing demand and knowledge amongst women for genuine effective products have further nurtured the development and made dermacosmetics products largely available to the consumers.

Explore more at: https://www.vynzresearch.com/healthcare/dermacosmetics-market

Global Knee Braces Market Analysis and Forecast to 2024

The global knee braces market was valued at USD 1.6 billion in 2018. The market is growing at a significant rate, due to the increasing occurrence of orthopedic diseases and disorders and expanding the geriatric population. Different types such as functional knee braces, prophylactic knee braces, unloader knee braces, and rehabilitative knee braces contributed to the knee braces market size. The market has witnessed continuous demand for functional knee braces in the coming years due to enhance knee stability and function offered by functional knee braces.

Explore more at: https://www.vynzresearch.com/healthcare/knee-braces-market

Global Agricultural Biotechnology Market Analysis and Forecast to 2024

The global agricultural biotechnology market was valued at USD 33.8 billion in 2018. Agricultural biotechnology is the collection of novel techniques to enhance crop productivity and efficiency. It provides framers an innovative technology that can make crop reasonable and productive. It is used to safeguard crops from destructive diseases, and to alter the genetic sequence of crops, which surges crop production. The global agricultural biotechnology market is growing at a significant rate, due to escalating per capita income, and mounting demand for biofuel.

Explore more at: https://www.vynzresearch.com/healthcare/agricultural-biotechnology-market

About VynZ Research

VynZ Research is a market research firm offering research, analytics, and consulting services on business strategies. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. VynZ Research assists enterprises to take strategic decisions for helping their businesses to grow. The reports developed by VynZ are based on market facts that include comprehensive analysis and quantification of market drivers, industry dynamics, opportunities, challenges, threats, market shares and anticipated new trends & technologies arising across wide range of industries.

Contact Us:

VynZ Research

Call: +91-996-028-8381

Toll Free (U.S. and Canada): +1-888-253-3960

Email: enquiry@vynzresearch.com

Web: https://www.vynzresearch.com

Connect with Us: LinkedIn | Facebook | Twitter