Home > Healthcare > Healthcare IT > Payer/Provider Solutions > medical device connectivity market
Get a free sample of Medical Device Connectivity Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Medical Device Connectivity Market
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
The growing penetration of EHRs in healthcare organizations is a significant driving factor for the market. The widespread adoption of EHRs is closely intertwined with the demand for medical device connectivity.
Solution segment garnered USD 945.7 million in 2022 and will continue to grow attributable to the increased adoption of EHRs and interoperability solutions among healthcare organizations as connectivity solutions enable real-time monitoring and data collection, allowing precise decisions.
Global market for medical device connectivity was valued at USD 1.8 billion in 2022 and is estimated to account for USD 11.4 billion by 2032.
Medtronic, General Electric, Stryker, iHealth Labs Inc., Cisco Systems, Inc, Masimo, Infosys Limited, Baxter, TE Connectivity, Lantronix Inc, and Hill-Rom Services Inc. among others.
The U.S. market accounted for USD 575.4 million in 2022 and is predicted to witness substantial growth through 2032, favored by the technological advancements, coupled with substantial healthcare expenditure.