The report covers the analysis and forecast of global connected medical devices market as well as regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (USD Mn).
The study provides a detailed view of the connected medical devices market, by segmenting it based on by product, by devices, by end-user, by application and regional demand. Surge in popularity of wearable devices that are efficient enough to detect diabetes, and various other diseases propel the growth of connected medical devices among consumers. Increasing use of wearable medical devices by consumers therefore makes the market more demanding. Moreover, high adoption of mobile platforms and smart phones which assist in monitoring patient’s health issues creates a huge demand and high growth opportunity for connected medical devices during the projection period of 2017-2025.
Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Middle East and Africa and Latin America. The segmentation also includes by products, by devices, by end-user and application in all regions. These include different business strategies adopted by the leading players and their recent developments.
A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints, and opportunities is part of the report. Additionally, the report includes potential opportunities in the connected medical devices market at the global and regional levels. Market dynamics are the factors which impact the market growth, so their analysis helps understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017 to 2025, along with offering an inclusive study of the connected medical devices market.
The report provides the size of the connected medical devices market in 2016 and the forecast for the next nine years up to 2025. The size of the global connected medical devices market is provided in terms of revenue. Market revenue is defined in USD Mn. The market dynamics prevalent in North America, Europe, Asia Pacific, Middle East and Africa and Latin America has been taken into account in estimating the growth of the global market.
Market estimates for this study have been based on revenue being derived through regional pricing trends. The Connected medical devices market has been analyzed based on expected demand. We have used the bottom-up approach to estimate the global revenue of the connected medical devices market, split into regions. Based on, product, devices, end-user and applications we have summed up the individual revenues from all the regions to achieve the global revenue for connected medical devices. Companies were considered for the market share analysis, based on their innovation and application and revenue generation. In the absence of specific data related to the sales of connected medical devices several privately held companies, calculated assumptions have been made in view of the company’s penetration and regional presence.
The report covers a detailed competitive outlook that includes the market share and company profiles of key players operating in the global market. Key players profiled in the report include Johnson & Johnson, Medtronic Inc., Cisco Inc., Philips Healthcare, and few likely to be named.
The global connected medical devices market has been segmented into:
Global Connected Medical Devices Market: By Product
Blood Pressure Monitors
Safety Monitoring Devices
Global Connected Medical Devices Market: By Devices
Global Connected Medical Devices Market: By End-User
Global Connected Medical Devices Market: By Applications
Consultation and Diagnosis Services
Fitness and Wellness Services
Global Connected Medical Devices Market: By Geography
Rest of Europe
Rest of Asia Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of Latin America
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Ankur Gupta, Head Marketing & Communications