MarketResearchFuture.com adds new report on “Connected Medical Devices Market Research Report, By Product (Software, BP Monitor, Tracker, ECG, CPAP, Holter, BiPAP) Care (Sleep Apnea, Blood Pressure) feature (Communication, Networking) End User (Hospital, Patient, Clinic) - Global Forecast to 2021”its research store.
Connected medical devices are majorly used for the connected health solutions that replace the traditional healthcare practices. The connected medical devices helps in multiple ways such as the care providers can provide better efficiency and accountability to their customers/ patients, reduction in the cost of treatment and improved quality of treatments adding to the advantage of the payers.
Technologically connected medical device includes medical equipment (ME) and personal health devices. Recently, mobile medical application is used by providers and consumers on their smart phones and tablets. These application offer advantages of efficient care, better communication, and innovative care services such as patient monitoring, disease diagnosis, and independent living solutions from the remote location.
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The connected medical device market is expected to grow at over 10% from 2016 to 2015 due to technological advancements across the industry, high adoption of smartphones, tablets, and other mobile platforms, applications in the management of chronic diseases, rising point of care, and advantages such as reduced nurses' time and reduced rate of patient readmission. However, data theft and fraudulent due to lower of security patient's data, reluctance towards the usage of these devices over the traditional care methods, interoperability issues may restrict the growth of this market.
On the other hand untapped markets in emerging economies and the shifting trend towards telehealth offers the opportunities for the market connected medical device market players. The prominent players in connected medical device market are A&D Medical, Aerotel, Animas Corporation, BL Healthcare, Body Media Inc., Boston Scientific, DexCom Inc., Docobo, eHIT Ltd, eDevice, FitSense Technology, iMetrikus, Instromedix (Card Guard), Masimo Corporation, Medtronic, Microlife, Nellcor, Nonin Medical, Omron, PHD Medical, Philips, St. Jude Medical, Tunstall, ViTelNet, and WebVMC.These players possess state of art manufacturing facilities and strong sales and distribution network which have helped them to gain leadership position in the market
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Based on the product type the connected medical device is divided into Blood Pressure Monitor, Blood Glucose Meter, ECG Monitor, Pulse Oximeter, Peak Flow Meter, Sleep Apnea Monitor, Neurological Monitor, CPAP & BiPAP, Holter monitors, , and other Connected Medical Devices. There is an incessant rise in the number of disease worldwide which is expected to drive the growth of this market.
Furthermore, connected medical devices market, type of care is segmented into diabetic care, cardiovascular care devices, respiratory care devices, fitness, and others. The growing demand of POC in diabetes & cardiovascular patient is expected to grow at drive the market for connected medical devices.
Based on features the connected medical devices are further divided into market biometric and biosensor technologies, networking and communication technologies, software and middleware, and others. Biometric and biosensor technologies are the technologies most preferred by the customers in the developed countries
Based on end users the connected medical devices market is further divided into Hospitals and Clinics, Patients. Technological advancements across the industry, high adoption of smartphones, tablets, and other mobile platforms, are expected to drive end users market for global connected medical devices market.
Based on region, North America accounted for the largest share in the global connected medical device market, followed by Europe and Asia. The Asia market is expected to witness the highest growth owing to rising awareness regarding self-monitoring. Furthermore, various players are investing in the Asia Pacific market which is another major factor fueling the market growth.
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The connected medical device market research report provides detail analysis of market in terms of value market. The report also provides the future outlook of the market till 2021. Moreover, the global as well as market share of various players based on methods is also analyzed in the report. Lastly, the report provides company profiles of major players in the market.
Scope of the Report
This market research report covers the global connected medical device market by product, type of care, feature, end user, and region.
Global Connected Medical Devices, By Product Type
- Blood Pressure Monitor
- Blood Glucose Meter
- ECG Monitor
- Pulse Oximeter
- Peak Flow Meter
- Sleep Apnea Monitor
- Neurological Monitor
- CPAP and BiPAP
- Holter monitors
- Other Connected Medical Devices
Global Connected Medical Devices, By Type of Care
- Diabetic Care
- Cardiovascular Care Devices
- Respiratory Care Devices
Global Connected Medical Devices, By Features
- Biometric and Biosensor Technologies
- Networking and Communication Technologies
- Software and Middleware
Global Connected Medical Devices, By End Users
- Hospitals and Clinics
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