Global Connected Medical Device Market Insights and Forecast to 2026

Connected medical devices are the embodiment of digitization for the medical industry. These advanced tools can change the face of the current healthcare services for better. As its demand is on the rise, the global connected medical devices market is gaining momentum.
Rise in ageing population with increasing number of multiple chronic health issues is raising the need for extensive care and monitoring across the globe. Thus, elderly population is mainly inclining towards the adoption of connected medical devices for effective care and treatment through remote monitoring. Rising consumer awareness is the main factor which is impelling the global market for connected medical devices. Furthermore, growing popularity of wearable medical devices among consumers which are capable of detecting diabetes at an early stage is up surging the connected medical device market across the globe. High adoption of smart phones, mobile platforms and applications which helps in monitoring health issues reduces the patient admission rate in hospitals. Connected medical devices offers improvement in quality of patient care and cost reduction of health treatments. Moreover, increasing demand of point of care testing devices and connected health solutions is likely to boost global market of connected medical devices.

Market Analysis and Insights: Global Connected Medical Device Market
The global Connected Medical Device market size is projected to reach US$ 20550 million by 2026, from US$ 18080 million in 2020, at a CAGR of 12.6%% during 2021-2026.

Global Connected Medical Device Scope and Segment
Connected Medical Device market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Connected Medical Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

Segment by Type, the Connected Medical Device market is segmented into
Blood Pressure Monitors
ECG Monitors
Safety Monitoring Devices
Activity Monitoring Devices

Segment by Application, the Connected Medical Device market is segmented into
Hospitals
Clinics
Individual Consumers
Home Healthcare

Regional and Country-level Analysis
The Connected Medical Device market is analysed and market size information is provided by regions (countries).
The key regions covered in the Connected Medical Device market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape

and Connected Medical Device Market Share Analysis

Connected Medical Device market competitive landscape provides details and data information by manufacturers. The report offers comprehensive analysis and accurate statistics on production capacity, price, revenue of Connected Medical Device by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Connected Medical Device business, the date to enter into the Connected Medical Device market, Connected Medical Device product introduction, recent developments, etc.
The major vendors covered:
GE Healthcare
Medtronic
OMRON Corporation
AgaMatrix
Boston Scientific Corporation
F. Hoffmann-La Roche
iHealth Labs
Johnson & Johnson
True Wearables
Smiths Group