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Connected Healthcare Devices Market Share

Report ID: GMI8321
Published Date: Feb 2024
Report Format: PDF

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Connected healthcare devices Market Share

Medtronic Inc. holds a significant share in the connected healthcare devices industry. Medtronic Inc. is a global leader in medical technology, offering a wide range of connected healthcare devices. Its portfolio includes implantable devices, such as pacemakers and insulin pumps, as well as remote monitoring systems and digital health solutions. Medtronic focuses on advancing patient care through innovation, data-driven insights, and connectivity to improve health outcomes and patient experiences.

Major players including Medtronic Inc., Koninklijke Philips N, Abbott Laboratories, and Boston Scientific Corporation are constantly implementing strategic measures, such as geographical expansion, acquisition, mergers, collaborations, partnerships, and product or service launches, to gain market shares.

Connected healthcare devices Market Companies

Major players operating in the connected healthcare devices industry are:

Abbott Laboratories
AliveCor
Biotronik SE & Co. KG
Boston Scientific Corporation
Dexcom, Inc.
Fitbit
Garmin Ltd
GE Healthcare
Honeywell International Inc.
Koninklijke Philips NV
Medtronic Inc.
NXP Semiconductors NV
Omron Corporation
Siemens Healthineers
Stanley Healthcare

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size for connected healthcare devices was valued at over USD 55 billion in 2023 and is estimated to register over 17.5% CAGR between 2024 & 2032 due to the growing adoption of wearable technology in daily life

The wearable device segment is estimated to register over 18% CAGR from 2024 to 2032, owing to the improvements in wearable sensor technology, along with integration with cloud-based platforms and mobile health apps to facilitate real-time data collection, analysis, and remote monitoring.

North America connected healthcare devices industry held a significant share of over 30% in 2023 and will expand through 2032 due to its well-established healthcare infrastructure and high rates of digital technology adoption.

Abbott Laboratories, AliveCor, Biotronik SE & Co. KG, Boston Scientific Corporation, Dexcom, Inc., Fitbit, Garmin Ltd, GE Healthcare, Honeywell International Inc., Koninklijke Philips NV, Medtronic Inc., NXP Semiconductors NV, Omron Corporation, Siemens Healthineers, and Stanley Healthcare.