Wireless Medical Device Connectivity: Global Markets

Report Code: IFT257A

Publish Date: Dec 2022

Publisher: BCC Publishing

Category: Information Technology

Customize This Report

Single User License: $2500

Member Price: FREE

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

The global market for wireless medical device connectivity is estimated to increase from $1.7 billion in 2022 to $5.0 billion by 2027, at a compound annual growth rate (CAGR) of 24.0% from 2022 through 2027.

Report Includes

  • 49 data tables and 30 additional tables
  • A comprehensive overview and up-to-date analysis of the global market for wireless medical connectivity technologies
  • Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and revenue forecast for wireless medical connectivity in USD millions, and corresponding market share analysis based on solutions offering, wireless connectivity type, application, end user, and region
  • In-depth information (facts and figures) concerning major market dynamics, opportunities and challenges, technology advancements, value chain analysis, and competitive environment of the leading market players
  • Coverage of the technological, economic, and business considerations of the global wireless medical connectivity market, with analyses and growth forecasts through 2027
  • Highlights of the emerging technology trends, opportunities and gaps estimating the current and future demand for wireless medical connectivity solutions, and impact of COVID-19 on the progress of this market
  • Identification of the companies best positioned to meet this demand owing to or in conjunction with their proprietary technologies, product launches, M&A deals, and other market strategic advantages
  • Descriptive company profiles of the industry leading players, including Baxter International Inc., Cisco Systems Inc., Medtronic plc, GE Healthcare, Stryker Corp., and Koninklijke Philips N.V.

Report Scope

In this report, wireless medical device connectivity has been segmented based on offering, wireless connectivity type, end user, application, and geography. The report provides an overview of the global wireless medical device connectivity market and analyzes the market trends. It considers 2021 as the base year of 2021 and provides estimates for 2022 to 2027. Revenue forecasts from the period for segmentation based on the offering, wireless connectivity type, application, end-user, and geography have been estimated with values derived from manufacturers’ total revenues.

The report also includes a section on the major players in the market. Further, it explains the major drivers, competitive landscape, and current trends for wireless medical device connectivity solutions. The report concludes with a detailed focus on the wireless medical device connectivity landscape and includes detailed profiles of the major players operating in the global wireless medical device connectivity market.

Medical device connectivity refers to maintaining connections between medical equipment. It eliminates the possibility of human error. Consequently, data can be transferred between devices more quickly and accurately. The scope of the study includes only wireless medical device connectivity solutions from the three available connectivity types: wired, wireless, and hybrid. These solutions are widely used for diseases that require continuous monitoring, including diabetic patients, cancer patients, asthmatics, etc.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $1.4 billion
Market size forecast $5.0 billion
Growth rate CAGR of 24% from 2022 to 2027
Units considered $ Millions
Segments covered Offerings, Wireless connectivity, End user, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Growing Ageing Population
  • Increasing Cyber-Attacks on Healthcare Institutions
  • Increasing Adoption of Wearable Devices and HIEs in Healthcare
  • Medical Device Connectivity Aids in Patient Safety and Data Analytics
Companies studied
BAXTERBRIDGE-TECH MEDICAL INC.
CAPSULE TECHNOLOGIES INC.CISCO SYSTEMS INC.
DIGI INTERNATIONAL INC.GE HEALTHCARE
IATRIC SYSTEMS INC. (HARRIS HEALTHCARE GROUP)INFOSYS LTD.
LANTRONIX INC.MASIMO
MEDTRONICMINNETRONIX MEDICAL INC.
ORACLEQUALCOMM TECHNOLOGIES INC.
SILEX TECHNOLOGY AMERICA INC.STRYKER
TE CONNECTIVITYWIPRO
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The wireless medical device connectivity market is projected to grow from $1.4 billion in 2021 to $5.0 billion in 2027, at a compound annual growth rate (CAGR) of 24.0% during the forecast period.
The key factors driving the growth of wireless medical device connectivity market includes the growing ageing population, growing of wearable device in the healthcare, and growing concern for patients’ safety and among others.
The wireless medical device connectivity market is segmented based on offering, end-user, application, wireless connectivity type, and region.
Hardware segment will dominate the market by the end of 2027.
North America holds the highest share in the market in terms of region.
Key companies in the market includes Cisco System Inc., GE Healthcare, Infosys ltd., Medtronic.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Latest reports include:
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Wireless Medical Device Connectivity: Global Markets147Free
Chapter- 1: Introduction9Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview15Free
Chapter- 4: Market Dynamics9Free
Chapter- 5: Market Breakdown by Offering9Free
Chapter- 6: Market Breakdown by Wireless Connectivity Type9Free
Chapter- 7: Market Breakdown by End User7Free
Chapter- 8: Market Breakdown by Application8Free
Chapter- 9: Market Breakdown by Region31Free
Chapter- 10: Competitive Landscape3Free
Chapter- 11: Company Profiles44Free
Chapter- 12: Appendix: Acronyms1Free

Related Reports

Brain-Computer Interface: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - IAS180B

The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.

Medical Devices: Technologies and Global Markets

Published - Oct 2024 | Publisher - Partha Sarathi Das | Code - HLC170F

The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Internet of Things (IoT) Sensors in Healthcare: Global Markets and Technologies

Published - Sep 2023 | Publisher - Harsh Goyal | Code - IFT152B

The global market for internet of things (IoT) sensors in healthcare is estimated to increase from $2.9 billion in 2023 to reach $8.6 billion by 2028, at a compound annual growth rate (CAGR) of 24.6% from 2023 through 2028.

Global Patient Portal Market

Published - Jul 2023 | Publisher - BCC Publishing | Code - IFT282A

This report provides an up-to-date overview of the global patient portal market. The report analyzes the current market scenario and future growth prospects across the regions of North America, Europe, Asia-Pacific, and Rest of the World (RoW). It also highlights major trends and challenges that affect the global market and the vendor landscape. The report estimates the global market for patient portals in 2022 and provides projections for the market through 2028.

Recent Reports

Global Private 5G Network Market

Published - Oct 2024 | Publisher - Austin Samuel | Code - IFT306A

The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.

Global IoT Testing Services Market

Published - Oct 2024 | Publisher - BCC Publishing | Code - IFT307A

This report analyses the global market trends in IoT testing services with data from 2023, estimates for 2024, and projected CAGRs through 2029. It analyzes patent activity and emerging technologies in the IoT testing services market. The report also examines the competition among major players and provides profiles of leading companies.

Global Artificial Intelligence (AI) Market: Investments vs Potential

Published - Aug 2024 | Publisher - Austin Samuel | Code - IFT189C

The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.

Cybersecurity: Technologies and Global Markets

Published - Jul 2024 | Publisher - Masaratjahan Kudle | Code - IFT131D

The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.

3D Printing Medical Devices: Global Markets

Published - Jul 2024 | Publisher - BCC Publishing | Code - IFT173C

The global market for 3D printing medical devices reached $2.1 billion in 2023. The market is estimated to grow from $2.2 billion in 2024 to $4.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2029.

Top Trending Reports

Single-use Technologies for Biopharmaceuticals: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO099F

The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.

Cell and Gene Therapy Tools, and Reagents: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - BIO208C

The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.

Chronic Disease Management: Therapeutics, Device Technologies and Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC239C

The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.

Global Market Opportunities and Competitive Landscape for CDMO

Published - Nov 2024 | Publisher - BCC Publishing | Code - PHM238B

The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.

Medical Devices Industry: Competitive Landscape

Published - Nov 2024 | Publisher - BCC Publishing | Code - MDS010C

The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Wireless Medical Device Connectivity: Global Markets
Customize Report