Global Connected Medical Device Market Size study & forecast, by Application (Consumer (Patient) Monitoring, Wearable Device, Internally Embedded Device, Stationary Device) and Regional Analysis, 2022-2029

Description

List of Tables

Global Connected Medical Device Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Connected medical devices are medical devices that are equipped with technology that allows communication with other devices, systems, or networks. These devices typically use wireless or wired connections to exchange information, and they can be used in a variety of settings, including hospitals, clinics, and patient's homes. Connected medical devices can include a range of equipment, such as glucose monitors, blood pressure monitors, heart rate monitors, infusion pumps, and more. By connecting these devices to networks or other systems, healthcare providers can access real-time patient data, monitor patient conditions remotely, and receive alerts when patients require immediate attention. The key factor driving the market growth is the rising adoption of healthcare-connected devices for remote patient monitoring, the growing adoption of telehealth, and rise in the adoption of data analytics in the healthcare sector that is anticipated to create a lucrative demand for the market during the forecast period.

Moreover, the adoption of healthcare-connected devices for remote patient monitoring has been a major driver of the growth of the Connected Medical Device Market. Connected medical devices allow healthcare professionals to monitor patient health in real-time, without requiring the patient to be physically present in a healthcare facility. Thus, the rising adoption of remote patient monitoring is anticipated to support the market growth. For instance, in May 2021, Royal Philips, a global leader in health technology, declared the integration of its portable Patient Monitor IntelliVue X3 and Interventional Hemodynamic System, offering advanced hemodynamic (blood flow) measurement at tableside in the cath lab and continual tracking of key vital signs throughout the patient journey. Additionally, growing insight into smartphones, tablets, and other mobile platforms in healthcare and increase in the adoption of data analytics in the healthcare sector is anticipated to create a lucrative opportunity for the market during the forecast period. However, the high cost of Connected Medical devices stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Connected Medical Device Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the well-developed healthcare infrastructure and widespread coverage of the Internet in this region. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period, owing to factors such as rising geriatric populations, growing adoption of remote patient monitoring and rising adoption of IoT in the healthcare sector would create lucrative growth prospects for the Connected Medical Device market across Asia Pacific region.

Major market player included in this report are:

GE Healthcare
Biotronik Se & Co. Kg
Garmin Ltd.
Abbott Laboratories
Koninklijke Philips NV
Medtronic PLC
Honeywell International Inc.
Boston Scientific Corporation
NXP Semiconductors NV
Stanley Black & Decker Inc.

Recent Developments in the Market:

In July 2020, the completion of the acquisition of InTouch Health was announced by Teladoc Health, Inc., a pioneer in virtual care. Innovative telehealth technologies will be made available with this acquisition, connecting providers in complex medical settings. The care experience in outpatient and home care settings will be connected via teladoc on the other side, confirming increased access to high-quality care and better medical results.

Global Connected Medical Device Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Application:

Consumer (Patient) Monitoring
Wearable Device
Internally Embedded Device
Stationary Device

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Connected Medical Device Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Connected Medical Device Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Connected Medical Device Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Connected Medical Device Market Dynamics

3.1. Connected Medical Device Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising adoption of healthcare-connected devices for remote patient monitoring
  - 3.1.1.2. Growing adoption of telehealth, and rise in adoption of data analytics in the healthcare sector
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Connected Medical Device
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing insight into smartphones, tablets, and other mobile platforms in healthcare
  - 3.1.3.2. Increase in the Adoption of Data Analytics in the Healthcare Sector

Chapter 4. Global Connected Medical Device Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Connected Medical Device Market, by Application

6.1. Market Snapshot
6.2. Global Connected Medical Device Market by Application, Performance - Potential Analysis
6.3. Global Connected Medical Device Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Connected Medical Device Market, Sub Segment Analysis
- 6.4.1. Consumer (Patient) Monitoring
- 6.4.2. Wearable Device
- 6.4.3. Internally Embedded Device
- 6.4.4. Stationary Device

Chapter 7. Global Connected Medical Device Market, Regional Analysis

7.1. Connected Medical Device Market, Regional Market Snapshot
7.2. North America Connected Medical Device Market
- 7.2.1. U.S. Connected Medical Device Market
  - 7.2.1.1. Application breakdown estimates & forecasts, 2019-2029
- 7.2.2. Canada Connected Medical Device Market
7.3. Europe Connected Medical Device Market Snapshot
- 7.3.1. U.K. Connected Medical Device Market
- 7.3.2. Germany Connected Medical Device Market
- 7.3.3. France Connected Medical Device Market
- 7.3.4. Spain Connected Medical Device Market
- 7.3.5. Italy Connected Medical Device Market
- 7.3.6. Rest of Europe Connected Medical Device Market
7.4. Asia-Pacific Connected Medical Device Market Snapshot
- 7.4.1. China Connected Medical Device Market
- 7.4.2. India Connected Medical Device Market
- 7.4.3. Japan Connected Medical Device Market
- 7.4.4. Australia Connected Medical Device Market
- 7.4.5. South Korea Connected Medical Device Market
- 7.4.6. Rest of Asia Pacific Connected Medical Device Market
7.5. Latin America Connected Medical Device Market Snapshot
- 7.5.1. Brazil Connected Medical Device Market
- 7.5.2. Mexico Connected Medical Device Market
- 7.5.3. Rest of Latin America Connected Medical Device Market
7.6. Rest of The World Connected Medical Device Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies
8.2. Company Profiles
- 8.2.1. GE Healthcare
  - 8.2.1.1. Key Information
  - 8.2.1.2. Overview
  - 8.2.1.3. Financial (Subject to Data Availability)
  - 8.2.1.4. Product Summary
  - 8.2.1.5. Recent Developments
- 8.2.2. Biotronik Se & Co. Kg
- 8.2.3. Garmin Ltd.
- 8.2.4. Abbott Laboratories
- 8.2.5. Koninklijke Philips NV
- 8.2.6. Medtronic PLC
- 8.2.7. Honeywell International Inc.
- 8.2.8. Boston Scientific Corporation
- 8.2.9. NXP Semiconductors NV
- 8.2.10. Stanley Black & Decker Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Connected Medical Device Market, report scope
TABLE 2. Global Connected Medical Device Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Connected Medical Device Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Connected Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 5. Global Connected Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Connected Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Connected Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Connected Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Connected Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Connected Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Connected Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Connected Medical Device Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Connected Medical Device Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. U.S. Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 16. U.S. Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. Canada Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. Canada Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. UK Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. UK Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. Germany Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. Germany Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. France Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. France Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. Italy Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. Italy Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Spain Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Spain Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. RoE Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. RoE Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. China Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. China Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. India Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. India Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. Japan Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. Japan Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. South Korea Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. South Korea Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. Australia Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. Australia Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. RoAPAC Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. RoAPAC Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. Brazil Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. Brazil Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Mexico Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Mexico Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. RoLA Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. RoLA Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. Row Connected Medical Device Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. Row Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Connected Medical Device Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Connected Medical Device Market
TABLE 69. List of primary sources, used in the study of global Connected Medical Device Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Connected Medical Device Market, research methodology
FIG 2. Global Connected Medical Device Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Connected Medical Device Market, key trends 2021
FIG 5. Global Connected Medical Device Market, growth prospects 2022-2029
FIG 6. Global Connected Medical Device Market, porters 5 force model
FIG 7. Global Connected Medical Device Market, pest analysis
FIG 8. Global Connected Medical Device Market, value chain analysis
FIG 9. Global Connected Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Connected Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Connected Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Connected Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Connected Medical Device Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Connected Medical Device Market, regional snapshot 2019 & 2029
FIG 15. North America Connected Medical Device Market 2019 & 2029 (USD Billion)
FIG 16. Europe Connected Medical Device Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Connected Medical Device Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Connected Medical Device Market 2019 & 2029 (USD Billion)
FIG 19. Global Connected Medical Device Market, company Market share analysis (2021)