Medical devices that are connected to platforms for data collecting and monitoring, such as computers, cellphones, and the rest, are referred to as connected medical devices. These medical devices assist caregivers and healthcare professionals in documenting patient data for follow-up and consultation. For better patient outcomes, the data can be used to inform healthcare decisions. Both wired and wireless communication resources can be used to monitor the patient data that has been collected.
Connected healthcare trends and their technology are exciting new trends in the space. Breakthrough developments in the global sector are extensions of telemedicine and telehealth. Each term describes the technology to advance healthcare remotely. However, only recently has each term been used to describe the connected world of health.
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Global Connected Medical Device Market Segmentation
Segmentation on the basis of Product Type
- Connected Health Personal Medical Devices
- Insulin Pumps
- Glucose Monitors
Connected Health Wellness Devices
- Body Analyzers
- Digital Pedometers
Segmentation on the basis of End Users
- Home Monitoring
- Hospitals or Clinics
Some of the connected health device companies profiled in this report include Apple Inc., Fitbit, Philips Healthcare Company and Omron.
On the basis of comprehensive research, Lucintel, predicts that the wellness device segment expected to see growth more than average as predicted by the analysists. The hospitals or clinic segment remains the largest segment over the forecast time from 2022 to 2030.
APAC is expected to become the largest market and witness the highest growth, due to a rapidly growing aging population with rising disposable income, increased adoption of smart phones and vulnerability to chronic diseases.
Segmentation on the basis of Application
- Remote Monitoring
- Treatment Services
Remote Monitoring is going to hold the largest share of the global market over the forecasted period due to rising demand from healthcare providers and other professionals for tele-monitoring and teleconsultation. The application of connected medical devices in remote monitoring can give better outputs with the right consultation and it helps the patients to get consultation and medication conveniently and faster.
Top Key Players:-
- KGaA
- Boston Scientific Corporation
- Honeywell International Inc.
- NXGN Management, LLC
- Apple, Inc.
- ResMed
- GE Healthcare
- Lantronix Inc
- Medtronic Inc
- Fitbit LLC
- iHealth Labs Inc.
- Connected Health
- Drägerwerk AG Co.
- Abbott
- Cisco Systems
- Spectrum Medical Ltd.
- Garmin International, Inc.
- Masimo Corporation
- Abbott Laboratories
- Biotronik Se Co. Kg
- Stanley Black Decker, Inc.
- OMRON Corporation
- Cerner Corporation
- Stryker Corporation
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