The emergence of high-speed networking technology and the growing penetration of mobile devices will propel the growth of the IoT medical devices market.
VANCOUVER, BC, CANADA, April 1, 2022 /EINPresswire.com/ — A new market study on the IoT Medical Devices Market applies both primary and secondary research techniques to identify new opportunities for development for the IoT Medical Devices market for the forecast period, 2021 -2027. The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the IoT Medical Devices market proves a boon for companies trying to identify next leg for growth.
IoT Medical Devices Market is forecasted to be worth USD 161.73 Billion by 2027, according to a current analysis by Emergen Research. The market is expected to witness substantial growth due to the initiatives taken by the government to promote digital health. IoT services are used remote health monitoring and emergency notification system.
Technological advancement and rise in the geriatric population, along with the growth in the persistent disease, are impacting the demand for the IoT medical devices market. Moreover, the reduction in the duration of room stay has further fuelled the demand for the IoT medical devices market. Market players are initiating novel and innovative software programs to address market issues.
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The research study presents an industry-wide summary of the IoT Medical Devices market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global IoT Medical Devices research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2021-2027.
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
GE Healthcare, Medtronic, Abbott Laboratories, Siemens, Johnson & Johnson, Boston Scientific, Philips Healthcare, Honeywell Life Care Solutions, Omron, and Biotronik, among others.
The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
For the purpose of this report, Emergen Research has segmented into the global IoT Medical Devices Market on the basis of product, type, connectivity technology, end-user, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
Vital Signs Monitoring Devices
Blood Pressure Monitors
Blood Glucose Monitors
ECG/Heart Rate Monitors
Fetal Monitoring Devices
Implantable Cardiac Devices
Implantable Cardioverter Defibrillators
Implantable Cardiac Monitors
Type Outlook (Revenue, USD Billion; 2017-2027)
Wearable Medical Devices
Implantable Medical Devices
Stationary Medical Devices
Other IoT Medical Devices
Connectivity Technology Outlook (Revenue, USD Billion; 2017-2027)
Near Field Communication (NFC)
Other Connectivity Technologies
End-User Outlook (Revenue, USD Billion; 2017-2027)
Hospitals & Clinics
Nursing Homes, Assisted Living Facilities, Long-term Care Centers, & Home Care Settings
Other End Users
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Major regions include North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand, production and consumption patterns, import/export, and presence of key players in each region.
Researcher’s visibility engagement approach when evaluating data such as key driving forces, threats, challenges, opportunities empowers product owners to meet their strategic goals through accelerated returns. The intelligent market survey that blends in both new and old study techniques brings to light more information pertaining to various product types, applications, end-use and important industry definition. The research on the IoT Medical Devices market further validates other prime factors including investment feasibility, production capability, product pricing, production volume, demand and supply, import and export status to help business evangelists make the multi-dimensional marketing strategy more robust. Comprehensive data on the current and future business environment is showcased through self-explanatory infographics, charts, and tables and can be integrated with any business presentation.
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Valuable Market Insights:
The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global IoT Medical Devices market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for IoT Medical Devices in the near future?
What is the regulatory framework governing the application of IoT Medical Devices in the food industry?
Which manufacturing processes are utilized for the production of IoT Medical Devices?
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