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IoT medical devices market : Major Key Players

IoT Medical Devices Market by Product (Blood Pressure Monitor, Glucometer, Cardiac Monitor, Pulse Oximeter, Infusion Pump), Type (Wearable, Implantable Device), Connectivity Technology (Bluetooth, Wifi), End User (Hospital) - Global Forecast to 2023<br>

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IoT medical devices market : Major Key Players

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  1. MarketsandMarkets Presents • IoT Medical Devices Market  - Global Forecasts to 2023 https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html

  2. The IoT medical devices market is projected to reach USD 63.43 billion by 2023 from USD 20.59 billion in 2018, at a CAGR of 25.2% during the forecast period. Growth in the IoT medical devices market is mainly driven by factors such as the increasing government initiatives for promoting digital health, growing need for cost-containment in healthcare delivery, rising focus on active patient engagement and patient-centric care delivery, and growing focus on patient safety are the major factors driving the growth of the IoT medical devices market. • In this report, the IoT medical devices market has been segmented by product, type, connectivity technology, end user, and region. Based on product, the vital signs monitoring segment is expected to grow at the fastest CAGR during the forecast period. This is due to the growing geriatric population and the consequent rise in the prevalence of chronic diseases. https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html

  3. https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.htmlhttps://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html Based on type, the wearable medical devices segment is expected to grow at the fastest CAGR during the forecast period. This can be attributed to the growing use of home healthcare and remote patient monitoring technologies, increasing preference for preventive care, and the preference for engagement in self-health management. https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html

  4. Based on connectivity technology, the Bluetooth segment is expected to grow at the fastest CAGR during the forecast period. This can be attributed to the increasing number of developments undertaken by major players in terms of launching Bluetooth enabled medical devices as well as the advantages associated with these devices, such as low power consumption and low cost of deployment. • Based on end users, the nursing homes, assisted living facilities, long-term care centers, and homes care settings segment is expected to grow at the highest CAGR during the forecast period. The high growth of this segment is primarily attributed to the need for prolonged treatment for certain chronic diseases, increased preference for participatory and preventive care by patients, high cost of hospital stays, and the growing number of nursing homes, assisted living facilities, and long-term care centers. https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html

  5. Contact Us Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZMagarpatta city, HadapsarPune, Maharashtra 411013, India1-888-600-6441Email: sales@marketsandmarkets.com MarketsandMarkets Blog http://www.linkedin.com/company/marketsandmarkets http://twitter.com/marketsmarkets https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html

  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. https://www.marketsandmarkets.com/Market-Reports/iot-medical-device-market-15629287.html

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