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Global Medical Device Connectivity Market 2020: Future Prospects With Covid-19 Impact Analysis 2027

Fior Markets preseants latest research document namely Global Medical Device Connectivity Market 2020 Research and Forecast 2027 a combination of the latest trends and figures that reveals a broad analysis of the market and structure of the market and predicts industry share to rise within the forecast period 2027. The report comprises in-depth data and a study of the market drivers, revenue share, segmentation, and geographical presence of the market. Right now, the global Medical Device Connectivity market examination analysis has been given on an overall scale, for instance, present and customary development analysis, competitive analysis, and also the expansion prospects of the key districts are given in the report. The report examines several manufacturers, associations, suppliers, organizations, and industries below the global Medical Device Connectivity market.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

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Report’s Extent:

The report lists the restraints that are affecting the global market. It also investigates the bargaining power of suppliers and buyers, the threat from new entrants and product substitutes, and the degree of competition prevailing in the market. The cost analysis of the global Medical Device Connectivity market has been performed. The report keeps track of manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Moreover, the report delivers an intensive study of the market revenue, market share, key market segments, distinct geographic regions, main market players, and prime industry trends. This analysis report highlights the present, past, and future business strategies, company extent, development, share and estimate analysis with the predicted circumstances.

The key players operating in the report are covered: Honeywell Hommed Llc., Digi International Inc., Cerner Corporation, Bernoulli Enterprise Inc., TE Connectivity, Qualcomm Inc., Cisco Systems Inc., Koninklijke Philips N.V., GE Healthcare, Lantronix Inc., Infosys Ltd., Nanthealth Inc., Siemens Healthcare Ag., Capsule Tech Inc, Medtronic Plc.

Global Medical Device Connectivity Market Analysis And Forecast, By Product

  • Solutions
  • Medical Device Integration
  • Telemetry Systems
  • Connectivity Hubs
  • Interface Devices
  • Services
  • Implementation and Integration
  • Support and Maintenance
  • Consulting
  • Training

Global Medical Device Connectivity Market Analysis And Forecast, By End-Users

  • Hospitals
  • Diagnostic and Imaging Centres
  • Home Healthcare Systems
  • Ambulatory Care Centres

In terms of region, this research report covers almost all the major regions across the globe such as: North America, Europe, Asia Pacific, South America, and the Middle East and Africa.

What We Can Offer In The Research Study:

  • The primary objective is to reveal the competitive structure of the global industry.
  • The research includes a study of several small to medium-sized companies that compete with each other and large enterprises to achieve growth.
  • Identify regional factors impacting production studied at a global scale.
  • What product features & benefits offered by industry players studied and broken down by a diverse group of customer class.

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Key Benefits of The Report:

The report classifies key parameters on basis of a number of essential market parameters such as the manufacturing volume, production capacity, pricing strategy, and the growth rate of the global Medical Device Connectivity market in each of the mentioned regions. Detailed analysis of key market dynamics, such as drivers, restraints, opportunities, and challenges influencing the growth of the market is given. The report offers an analysis of the industry outlook with the supply chain to better understand the market and build expansion strategies.

Additionally, the possible results and the exposure to the enhancement of Medical Device Connectivity widely covered in this research document. The report provides data, which enriches the extent, understanding, and also applications of the report. The study outlines the market players consisting of their business overview, financial overview, and the business strategies adopted by the companies.

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Global Medical Device Connectivity Market Growth Prospects and Insights on Future Scenario 2020-2026||Koninklijke Philips N.V.; iHealth Labs Inc.; Capsule Technologies, Inc.; Baxter; Cerner Corporation; Bernoulli

Global medical device connectivity market is expected to rise to an estimated value of USD 10.54 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rising adoption of remote monitoring capabilities in healthcare services along with increasing the quality of services and safety of patients.

The report gives CAGR values along with its fluctuations for the particular time frame. The report contains through and through investigation and assessment of different market related elements that are extraordinarily crucial for better dynamic. The Medical Device Connectivity report gives exhaustive clarification of market definition, market division, serious examination and key improvements in the business. This Medical Device Connectivity statistical surveying report is outlined with the most excellent and complex tools of gathering, recording, assessing and investigating market information. Medical Device Connectivity market report includes information that can be pretty basic when it is tied in with ruling the market or making an imprint in the market as a most recent emanant.

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Few of the major competitors currently working in the global medical device connectivity market are GENERAL ELECTRIC COMPANY; Cisco; Koninklijke Philips N.V.; iHealth Labs Inc.; Capsule Technologies, Inc.; Baxter; Cerner Corporation; Bernoulli; Medtronic; Silex Technology, Inc.; McKesson Corporation; NantHealth, Inc.; Infosys Limited; Lantronix, Inc.; Spectrum Medical; Digi International Inc.; Siemens Healthcare GmbH; eDevice and Drägerwerk AG & Co. KGaA.

Key Developments in the Market:

  • In February 2019, Francisco Partners announced that they had acquired Qualcomm’s business operation branded as “Qualcomm Life”. The acquired operations deal in providing end-to-end medical device connectivity across the different stages of healthcare services. The business operations will be divided into two organizations namely, “Capsule Technologies, Inc.” and “2net”. Capsule will provide connectivity capabilities of medical devices to hospitals while 2net will focus on providing a mobile platform for medical services.
  • In January 2019, Baxter announced that they had acquired True Process. This acquisition includes “True Process’” “Vines” software platform which has been created to collect the patient data from devices connected at the bedside and normalization of these devices. This acquisition will help in greater innovations and provision of specific care healthcare services for individual patients.

Market Drivers

  • High rates of infiltration of digital services such as EHR’s and patient data in healthcare organizations; this factor is expected to drive the growth of the market
  • Rising levels of policies adoption resulting in better healthcare IT services; this factor is expected to drive the growth of the market
  • Connectivity of medical devices and services being provided to patients in healthcare settings provide lower costs and helps provide better analysis of patient data; this factor is expected to drive the growth of the market

Market Restraints

  • Large costs associated with the integration of these services in case of small-scale healthcare organizations; this factor is expected to restrain the growth of the market
  • Unwillingness in preference and adoption of digital healthcare IT services; this factor is expected to restrain the growth of the market

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Key Developments in the Market:

  • In February 2019, Francisco Partners announced that they had acquired Qualcomm’s business operation branded as “Qualcomm Life”. The acquired operations deal in providing end-to-end medical device connectivity across the different stages of healthcare services. The business operations will be divided into two organizations namely, “Capsule Technologies, Inc.” and “2net”. Capsule will provide connectivity capabilities of medical devices to hospitals while 2net will focus on providing a mobile platform for medical services.
  • In January 2019, Baxter announced that they had acquired True Process. This acquisition includes “True Process’” “Vines” software platform which has been created to collect the patient data from devices connected at the bedside and normalization of these devices. This acquisition will help in greater innovations and provision of specific care healthcare services for individual patients.

Segmentation: Global Medical Device Connectivity Market

By Product & Service

  • Solutions
    • Integration Solution
    • Telemetry Systems
    • Connectivity Hubs
    • Interface Devices
  • Services
    • Support & Maintenance Services
    • Implementation & Integration Services
    • Training Services

By Components

  • Wireless Hardware
    • Wi-Fi
    • Web Map Tile Service (WMTS)
    • Bluetooth
  • Wired Hardware
  • Software

By Technology

  • Wired Technologies
  • Wireless Technologies
  • Hybrid Technologies

By End-User

  • Hospitals
  • Home Healthcare
  • Ambulatory Care Centers
  • Imaging & Diagnostic Centers

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

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Analysis based on

  1. What was the market size in 2019?
  2. What are the moves of key players?
  3. Which region is leading the market at global level?
  4. A comprehensive/competitive analysis of the market?
  5. Strategies of key players and product offerings

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