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Medical Device
Connectivity Market
Trend
Report and Industry Analysis on
Medical Device Connectivity Market
Business
Strategies
and
Consultant
Business
Introduction
Market
Introduction
Primary
Respondent
Report
Segmentation
Contact Us
Continent
Breakdown
Our Services
Research
Methodology
Table Of Contents
Our
Company
Delvens is a market research and consulting
company headquartered in Delhi, India. The
company holds expertise in providing
syndicated research reports, customized
research reports, and consulting services.
Delvens qualitative and quantitative data is
highly utilized by each level from niche
markets to major markets, serving more
than 800 prominent companies by assuring
to provide the information on country,
regional, and global business environment.
We have a database for more than 45
industries in more than 50+ major countries
globally.
Medical Device
Connectivity
Market
An Introduction to the Medical Device
Connectivity
Introduction
Our modern world is connected globally through a network of digital systems. The
popularity of IoT and 5G has opened new possibilities for technological advancement.
Technological advancement has made it possible to monitor patients in real-time. For
example, vital signs indicate patient health and helps in diagnosing for better treatment.
Proper documentation is very important for the proper assessment of a patient's health.
However, consistency in maintaining patient details is quite difficult to maintain, creating
inconsistency in the documentation process, delaying data entry and affecting the integrity
of the data.
Full access to patient data helps physicians assess the patient's health and select the
appropriate treatment. Medical device connectivity enables access to a patient’s health
information in real-time by measuring and transmitting patient data to the EMR. This can
help caregivers to make faster decisions and provide appropriate treatment without delay.
Medical device connectivity in hospitals allows physicians to monitor patients' vitals even
away from hospitals, or patients can take treatment from their home connected with a
medical expert.
The Importance of Medical Device Connectivity
Automating Patient Charting – Automating patient data can provide caregivers with genuine
data as these data are directly fed into the system without any human intervention or
interpretation, allowing nursing staff to direct their attention to the patient without
spending their time on data collection.
Efficient Device Fleet Management – These devices can maintain a fleet of devices more
efficiently, and the team can monitor device usage. This can help maximise limited
resources.
Enhancing Patient Safety - Establishing two-way connectivity between devices and the EMR
opens new ways to implement key quality and safety measures.
Reduce Wastage – When medications are fed through EMR, the team has seen a
substantial waste reduction. By using medical device connectivity, wastage of medication
can be minimized and improved in the pharmacy more efficiently.
Building a Data Foundation – Data is very important to understand the patient's condition.
With medical device connectivity, data can be collected in real-time without any
interpretation and can be documented systematically.
Reduced Burnout – When medical devices are not connected and are designed to monitor
only one vital, any abnormal event triggers its alarm which in many cases is found false or
medically irrelevant. If these devices are connected and can monitor a patient's vitals, this
can reduce medical staff's extra effort, which occurred due to these false alarms.
Examples of Connected Medical Devices
Glucose Monitoring – Diabetes has become a global issue. Almost a substantial number of
people in every nation are suffering from this. Pollution and an imbalanced lifestyle have
made it common. Even children are affected by this. IoT devices can easily monitor, record,
and alert glucose level parameters.
Heart-Rate Monitoring – Periodic monitoring of heart rate can be possible with an IoT
device. This helps patients to move freely as they like while ensuring continuous
monitoring of their heart rate.
Depression and Mood Monitoring – Information about depression is one such parameter
which is difficult to monitor. With the IoT, it is now possible to monitor a person’s mental
health. These devices, by monitoring blood pressure and heart rate, can analyze and infer
the patient’s condition.
Parkinson’s Disease Monitoring – To treat Parkinson’s patients, it is necessary to monitor
the severity of the disease throughout the day. IoT devices have made it possible to
monitor all parameters without hindering the daily routine of a patient.
Robotic Surgery – Internet-connected robots inside the human body can perform complex
surgery which was previously very difficult with human hands. IoT has opened the door to
remote operation. Some institutes have successfully experimented with surgery where the
surgeon is located in a different location and, using IoT, has performed the surgery
successfully.
Market Prospect
IoT and 5G have made it possible to provide health services using connected medical
devices with better facilities. Much research and development have been done to provide
patients and health workers with better equipment.
Research and development and merger and acquisition by medical device integration
companies have revolutionized the growth of the healthcare sector, such as:
Oracle’s acquisition of Cerner is a game-changer in the healthcare sector. Combining
Cerner’s clinical capabilities with Oracle’s analytics and automation expertise will help in
improving health insights and experiences.
Medtronic PLC has received FDA approval for its ligament augmentation for spine surgery.
Ligapass is the first and only FDA-cleared device with an indication for ligament
augmentation in spine surgery.
GE Healthcare recently launched a line of wearables that patients can use during their
hospital stay. It will help caregivers monitor a patient’s condition more effectively.
As per Delvens’ market research report, the global medical device connectivity market is
projected to reach USD 4.9 billion by 2026 from USD 1.7 billion in 2021, growing at a CAGR
of 24.4% in the forecast period, 2021–2028.
Conclusion
With technological development, the healthcare sector's demand for improved devices will
increase. The companies' endeavour towards making more advanced devices has already
indicated the growing future of these medical devices.
Designation
Breakdown
Breakdown of our data collection from
People of different Designation
Sales
Manager
Their
contribution is
about 25%
CEO
They are the major
contributor with
35%
Product
Manager
30% of our primary
respondents
Distributors
10% of our data
come from them
Primary
Respondent
Continent
Breakdown
Breakdown of our data collection
from different continents
Report Segmentation
Application
Region
Technology
Product &
Service
End-User
On the basis of Product & Service
● Medical Device Connectivity Solution
● Medical Device Connectivity Service
On the basis of Technology
● Wireless Technology
● Wired Technology
● Hybrid Technology
On the basis of Application
● Vital Signs and Patient Monitors
● Anesthesia Machines & Ventilators
● Infusion Pump
● Others
On the basis of End-User
● Hospitals
● Home and Healthcare Centres
● Ambulatory Care Centres
● Diagnostic & Imaging Centres
On the basis of Region
● North America
● South America
● Asia Pacific
● Europe
● Middle East & Africa
How to Purchase the Report
Delvens offers many customisation to cater your need. Our popular customisation is that our report
is segmented as per user where you got option to choose from:
● Single User
● Multiple User
● Corporate User
If you want report for Globally, Regional or Country specific, then voila, we also provide an easy
step to choose from continent-wise as well as country-wise report. If you have any special
requirement or you want more customization, you can contact our customer representative who are
24X7 available for you.
You can talk to our representative by clicking
Contact Us
Get latest and trending updates throughout the year on the reports you buy.
No. Of Pages 284
Report
Global
Regional
Country Specific
User
Single
Multi
Corporate
Research Methodology
Data Extraction
Market
Integration
Data Analysis Data Validation
Data Extraction
The stage involves the procurement of market data or related information via different sources &
methodologies.
Data Analysis
This step involves the analysis & mapping of all the information procured from the previous step. It also
encompasses the analysis of data discrepancies observed across various data sources.
Market Integration
The final step entails the placement of data points at appropriate market spaces in an attempt to deduce
viable conclusions. Analyst perspective & subject matter expert based heuristic form of market sizing also
plays an integral role in this step.
Data Validation
Validation is the most important step in the process. Validation & re-validation via an intricately designed
process helps us finalize data-points to be used for final calculations.
Our Services
1
Syndicated Research
3
Custom Research
Services
3
5
Implementation
Support
1
7
Subscription Model
1
2 Best Practice Guide
4 Consulting Services
3
6
Audio-Video
Infographic Workshop
8 Bundle Reports Model
Thank You

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Improving Life With Connected Medical Devices

  • 1. Medical Device Connectivity Market Trend Report and Industry Analysis on Medical Device Connectivity Market
  • 4. Our Company Delvens is a market research and consulting company headquartered in Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports, and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche markets to major markets, serving more than 800 prominent companies by assuring to provide the information on country, regional, and global business environment. We have a database for more than 45 industries in more than 50+ major countries globally.
  • 5. Medical Device Connectivity Market An Introduction to the Medical Device Connectivity
  • 6. Introduction Our modern world is connected globally through a network of digital systems. The popularity of IoT and 5G has opened new possibilities for technological advancement. Technological advancement has made it possible to monitor patients in real-time. For example, vital signs indicate patient health and helps in diagnosing for better treatment. Proper documentation is very important for the proper assessment of a patient's health. However, consistency in maintaining patient details is quite difficult to maintain, creating inconsistency in the documentation process, delaying data entry and affecting the integrity of the data. Full access to patient data helps physicians assess the patient's health and select the appropriate treatment. Medical device connectivity enables access to a patient’s health information in real-time by measuring and transmitting patient data to the EMR. This can help caregivers to make faster decisions and provide appropriate treatment without delay.
  • 7. Medical device connectivity in hospitals allows physicians to monitor patients' vitals even away from hospitals, or patients can take treatment from their home connected with a medical expert. The Importance of Medical Device Connectivity Automating Patient Charting – Automating patient data can provide caregivers with genuine data as these data are directly fed into the system without any human intervention or interpretation, allowing nursing staff to direct their attention to the patient without spending their time on data collection. Efficient Device Fleet Management – These devices can maintain a fleet of devices more efficiently, and the team can monitor device usage. This can help maximise limited resources.
  • 8. Enhancing Patient Safety - Establishing two-way connectivity between devices and the EMR opens new ways to implement key quality and safety measures. Reduce Wastage – When medications are fed through EMR, the team has seen a substantial waste reduction. By using medical device connectivity, wastage of medication can be minimized and improved in the pharmacy more efficiently. Building a Data Foundation – Data is very important to understand the patient's condition. With medical device connectivity, data can be collected in real-time without any interpretation and can be documented systematically. Reduced Burnout – When medical devices are not connected and are designed to monitor only one vital, any abnormal event triggers its alarm which in many cases is found false or medically irrelevant. If these devices are connected and can monitor a patient's vitals, this can reduce medical staff's extra effort, which occurred due to these false alarms.
  • 9. Examples of Connected Medical Devices Glucose Monitoring – Diabetes has become a global issue. Almost a substantial number of people in every nation are suffering from this. Pollution and an imbalanced lifestyle have made it common. Even children are affected by this. IoT devices can easily monitor, record, and alert glucose level parameters. Heart-Rate Monitoring – Periodic monitoring of heart rate can be possible with an IoT device. This helps patients to move freely as they like while ensuring continuous monitoring of their heart rate. Depression and Mood Monitoring – Information about depression is one such parameter which is difficult to monitor. With the IoT, it is now possible to monitor a person’s mental health. These devices, by monitoring blood pressure and heart rate, can analyze and infer the patient’s condition.
  • 10. Parkinson’s Disease Monitoring – To treat Parkinson’s patients, it is necessary to monitor the severity of the disease throughout the day. IoT devices have made it possible to monitor all parameters without hindering the daily routine of a patient. Robotic Surgery – Internet-connected robots inside the human body can perform complex surgery which was previously very difficult with human hands. IoT has opened the door to remote operation. Some institutes have successfully experimented with surgery where the surgeon is located in a different location and, using IoT, has performed the surgery successfully. Market Prospect IoT and 5G have made it possible to provide health services using connected medical devices with better facilities. Much research and development have been done to provide patients and health workers with better equipment.
  • 11. Research and development and merger and acquisition by medical device integration companies have revolutionized the growth of the healthcare sector, such as: Oracle’s acquisition of Cerner is a game-changer in the healthcare sector. Combining Cerner’s clinical capabilities with Oracle’s analytics and automation expertise will help in improving health insights and experiences. Medtronic PLC has received FDA approval for its ligament augmentation for spine surgery. Ligapass is the first and only FDA-cleared device with an indication for ligament augmentation in spine surgery. GE Healthcare recently launched a line of wearables that patients can use during their hospital stay. It will help caregivers monitor a patient’s condition more effectively. As per Delvens’ market research report, the global medical device connectivity market is projected to reach USD 4.9 billion by 2026 from USD 1.7 billion in 2021, growing at a CAGR of 24.4% in the forecast period, 2021–2028.
  • 12. Conclusion With technological development, the healthcare sector's demand for improved devices will increase. The companies' endeavour towards making more advanced devices has already indicated the growing future of these medical devices.
  • 13. Designation Breakdown Breakdown of our data collection from People of different Designation
  • 14. Sales Manager Their contribution is about 25% CEO They are the major contributor with 35% Product Manager 30% of our primary respondents Distributors 10% of our data come from them Primary Respondent
  • 15. Continent Breakdown Breakdown of our data collection from different continents
  • 16.
  • 18. On the basis of Product & Service ● Medical Device Connectivity Solution ● Medical Device Connectivity Service On the basis of Technology ● Wireless Technology ● Wired Technology ● Hybrid Technology On the basis of Application ● Vital Signs and Patient Monitors ● Anesthesia Machines & Ventilators ● Infusion Pump ● Others
  • 19. On the basis of End-User ● Hospitals ● Home and Healthcare Centres ● Ambulatory Care Centres ● Diagnostic & Imaging Centres On the basis of Region ● North America ● South America ● Asia Pacific ● Europe ● Middle East & Africa
  • 20. How to Purchase the Report Delvens offers many customisation to cater your need. Our popular customisation is that our report is segmented as per user where you got option to choose from: ● Single User ● Multiple User ● Corporate User If you want report for Globally, Regional or Country specific, then voila, we also provide an easy step to choose from continent-wise as well as country-wise report. If you have any special requirement or you want more customization, you can contact our customer representative who are 24X7 available for you. You can talk to our representative by clicking Contact Us
  • 21. Get latest and trending updates throughout the year on the reports you buy. No. Of Pages 284 Report Global Regional Country Specific User Single Multi Corporate
  • 23. Data Extraction The stage involves the procurement of market data or related information via different sources & methodologies. Data Analysis This step involves the analysis & mapping of all the information procured from the previous step. It also encompasses the analysis of data discrepancies observed across various data sources. Market Integration The final step entails the placement of data points at appropriate market spaces in an attempt to deduce viable conclusions. Analyst perspective & subject matter expert based heuristic form of market sizing also plays an integral role in this step. Data Validation Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
  • 24. Our Services 1 Syndicated Research 3 Custom Research Services 3 5 Implementation Support 1 7 Subscription Model 1 2 Best Practice Guide 4 Consulting Services 3 6 Audio-Video Infographic Workshop 8 Bundle Reports Model