IoT medical devices are the network of smart electronic devices which are connected and transmit the information to each other without any intervention of human. This device technology is helping the doctors and physicians in simplifying access to real-time patient information as well as helps in remote patient monitoring. Moreover, this technology is applied in fitness and body wellness tracking of athletes and dose reminder for the patients with chronic illness.
MARKET DYNAMICS
IoT medical devices market is expected to grow exponentially in the forecast period owing to increasing adoption of wearable devices, increasing investment in advanced healthcare technologies as well as the emergence of connected care. Besides, the low doctor to patient ratio leading to self-operated health platforms is anticipated to offer significant growth opportunities in the IoT medical devices market during the forecast period.
MARKET SCOPE
The "Global IoT Medical Devices Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a particular focus on the global market trend analysis. The report aims to provide an overview of IoT medical devices market with detailed market segmentation by product, type, technology, end user, and geography. The global IoT medical devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT medical devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global IoT medical devices market is segmented based on the product, type, technology, and end user. Based on the product, the market is classified as respiratory devices, vital signs monitoring devices, implantable cardiac devices, patient monitors, anesthesia machines, ventilators, imaging systems, infusion pumps, and other products. Based on type, the market is divided into wearable medical devices, implantable medical devices, stationary medical devices, and other IoT medical devices. Based on technology, the market is classified as bluetooth, Wi-Fi, zigbee, and other connectivity technologies. Based on end user the IoT medical devices market is classified as hospitals & clinics, nursing homes, assisted living facilities & long-term care centers, home care settings and other end users.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT medical devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The IoT medical devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IoT medical devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the IoT medical devices market in these regions.
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MARKET PLAYERSThe reports cover key developments in the IoT medical devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from IoT medical devices market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT medical devices market in the global market. Below mentioned is the list of few companies engaged in the IoT medical devices market.
The report also includes the profiles of key IoT medical devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-AliveCor, Inc.
-GENERAL ELECTRIC COMPANY
-IBM Corporation
-Koninklijke Philips N.V.
-LINK LABS
-Medtronic
-OMRON Corporation
-Siemens Product Lifecycle Management Software Inc.
-STANLEY Healthcare
-Welch Allyn
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