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 |
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| Companies studied |
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Frequently Asked Questions (FAQs)
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.
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