Connected Medical Devices Market by Product and Geography - Forecast and Analysi
Posted by sarahbennu on April 9th, 2021
Connected Medical Devices Market will register a CAGR of % during 2020-2024. The market’s growth momentum will Accelerate.
Rising prevalence of chronic diseases | Increasing demand for connected wearable medical devices and remote patient monitoring systems | Increasing geriatric population will be one of the major factors driving the growth of this market. Additionally, key Connected Medical Devices Market trends such as the Technological advancements | Increasing online presence of vendors | Increasing adoption of connected medical devices at homecare setting will also influence market growth during the forecast period.
Connected Medical Devices Market Size
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During the forecast period, the Connected Medical Devices Market size will grow by $ 81.26 bn.
Connected Medical Devices Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Connected Medical Devices Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the High cost of connected medical devices | Cyber security threats | Lack of interoperability standards will also challenge the growth of the companies.
Abbott Laboratories | Alphabet Inc. | Boston Scientific Corp. | Dexcom Inc. | F. Hoffmann-La Roche Ltd. | General Electric Co. | Koninklijke Philips NV | LifeScan IP Holdings LLC | Medtronic Plc | OMRON Corp..list
are some of the companies covered in Technavio’s Connected Medical Devices Market report for 2021-2025.
Connected Medical Devices Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Connected Medical Devices Market.
The North America will account for the largest Connected Medical Devices Market share and during 2021-2025, the region will contribute to 42% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s Connected Medical Devices Market report also analyzes the market by Capital-intensive | Physiological monitors | Wearable medical | North America | Europe | Asia | ROW.comma
Our Custom Research Solutions can provide tailored Connected Medical Devices Market information to meet your specific requirements.
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About the Authorsarahbennu
Joined: July 1st, 2019
Articles Posted: 259
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