The Medical Device Connectivity Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Medical Device Connectivity Market?
The historical growth trend for the Medical Device Connectivity Global Market Report 2025 shows the market size significantly increased. It is predicted to rise from $3.58 billion in 2024 to $4.54 billion in 2025 with a compound annual growth rate (CAGR) of 27.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Medical Device Connectivity Industry?
The global market for medical device connectivity is forecasted to expand significantly in the coming years, reaching a value of $11.7 billion in 2029. This growth corresponds to a compound annual growth rate (CAGR) of 2
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What are the Key Growth Drivers Fueling the Medical Device Connectivity Market?
The key drivers in the medical device connectivity market are:
• Rising demand for seamless medical device integration
• Increased adoption of digital solutions in healthcare
• Growing aging population necessitating more healthcare services
• Increased adoption and use of electronic health records
Global Market Segmentation: Identifying Major Medical Device Connectivity Industry Segments
The medical device connectivity market covered in this report is segmented –
1) By Component: Hardware, Services, Software
2) By Technology: Wired Technologies, Wireless Technologies, Hybrid Technologies
3) By Application: Vital Sign Monitoring Systems, Cardiology Devices, ICU Systems, Oncology Systems, Home Healthcare Devices, Other Applications
4) By End-Use Vertical: Hospitals And Clinics, Diagnostic Centers, Healthcare Research Centers, Other End Users
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What are the Emerging Trends Shaping the Future of the Medical Device Connectivity Market?
The key trends in the medical device connectivity market are:
• IoT-enabled medical devices are gaining prominence.
• Use of EHR systems is becoming a significant trend.
• There is an increasing emphasis on real-time patient data.
• Trends like patient engagement, remote diagnostics, and telemonitoring are shaping the future.
Who Are the Top Competitors & Leading Players in the Medical Device Connectivity Market?
Major companies in the medical device connectivity market are:
• Amazon Web Services Inc.
• Google LLC
• Microsoft Corporation
• Siemens AG
• Cisco Systems Inc.
• Qualcomm Technologies Inc.
• Abbott Laboratories
• Oracle Corporation
• Honeywell International Inc.
• Medtronic PLC
• Thales Group
• Koninklijke Philips N.V.
• Stryker Corporation
• GE HealthCare Technologies Inc.
• Infosys Limited
• TE Connectivity Ltd.
• Baxter International Inc.
• Wipro Limited
• Drägerwerk AG & Co. KGaA
• Masimo Corporation
• OSI Systems, Inc.
• Digi International Inc.
• Ascom Holding AG
• Lantronix Inc.
• NantHealth Inc.
• Spectrum Medical Ltd.
• Silex Technology Inc.
• iHealth Labs Inc.
• Iatric Systems Inc.
• LifeOmic Holdings LLC
Regional Dominance: Which Area Leads the Global Medical Device Connectivity Market?
North America was the largest region in the medical device connectivity market in 2024
