Report Highlights
The global market for wireless medical device connectivity is estimated to increase from $1.7 billion in 2022 to $5.0 billion by 2027, at a compound annual growth rate (CAGR) of 24.0% from 2022 through 2027.
Report Includes
- 49 data tables and 30 additional tables
- A comprehensive overview and up-to-date analysis of the global market for wireless medical connectivity technologies
- Analyses of the global market trends, with historic market revenue data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
- Estimation of the actual market size and revenue forecast for wireless medical connectivity in USD millions, and corresponding market share analysis based on solutions offering, wireless connectivity type, application, end user, and region
- In-depth information (facts and figures) concerning major market dynamics, opportunities and challenges, technology advancements, value chain analysis, and competitive environment of the leading market players
- Coverage of the technological, economic, and business considerations of the global wireless medical connectivity market, with analyses and growth forecasts through 2027
- Highlights of the emerging technology trends, opportunities and gaps estimating the current and future demand for wireless medical connectivity solutions, and impact of COVID-19 on the progress of this market
- Identification of the companies best positioned to meet this demand owing to or in conjunction with their proprietary technologies, product launches, M&A deals, and other market strategic advantages
- Descriptive company profiles of the industry leading players, including Baxter International Inc., Cisco Systems Inc., Medtronic plc, GE Healthcare, Stryker Corp., and Koninklijke Philips N.V.
Report Scope
In this report, wireless medical device connectivity has been segmented based on offering, wireless connectivity type, end user, application, and geography. The report provides an overview of the global wireless medical device connectivity market and analyzes the market trends. It considers 2021 as the base year of 2021 and provides estimates for 2022 to 2027. Revenue forecasts from the period for segmentation based on the offering, wireless connectivity type, application, end-user, and geography have been estimated with values derived from manufacturers’ total revenues.
The report also includes a section on the major players in the market. Further, it explains the major drivers, competitive landscape, and current trends for wireless medical device connectivity solutions. The report concludes with a detailed focus on the wireless medical device connectivity landscape and includes detailed profiles of the major players operating in the global wireless medical device connectivity market.
Medical device connectivity refers to maintaining connections between medical equipment. It eliminates the possibility of human error. Consequently, data can be transferred between devices more quickly and accurately. The scope of the study includes only wireless medical device connectivity solutions from the three available connectivity types: wired, wireless, and hybrid. These solutions are widely used for diseases that require continuous monitoring, including diabetic patients, cancer patients, asthmatics, etc.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||||
| Forecast period considered | 2022-2027 | ||||||||||||||||||
| Base year market size | $1.4 billion | ||||||||||||||||||
| Market size forecast | $5.0 billion | ||||||||||||||||||
| Growth rate | CAGR of 24% from 2022 to 2027 | ||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||
| Segments covered | Offerings, Wireless connectivity, End user, Application, and Region | ||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Radiotherapy, Radiopharmaceuticals and Nuclear Medicine: Global Markets (HLC176E)
- Carbon Credits Market: Global Outlook (EGY200A)
- Drugs and Diagnostics for Hematological Disorders: Global Markets (PHM116C)
- Global Flame and Smoke Detectors Markets (MFG092A)
- Biodegradable Polymers: Global Markets and Technologies (PLS025K)
Related Reports
Internet of Things (IoT) Sensors in Healthcare: Global Markets and Technologies
The global market for internet of things (IoT) sensors in healthcare is estimated to increase from $2.9 billion in 2023 to reach $8.6 billion by 2028, at a compound annual growth rate (CAGR) of 24.6% from 2023 through 2028.
Global Patient Portal Market
This report provides an up-to-date overview of the global patient portal market. The report analyzes the current market scenario and future growth prospects across the regions of North America, Europe, Asia-Pacific, and Rest of the World (RoW). It also highlights major trends and challenges that affect the global market and the vendor landscape. The report estimates the global market for patient portals in 2022 and provides projections for the market through 2028.
Mindfulness Meditation Application: Global Market
This report provides an overview of the global market for mindfulness meditation applications. It offers a comprehensive description of the market, including its potential, growth drivers, challenges, and opportunities. The market has been segmented on the basis of operating system, age group, end user, and region. Geographically, the market has been divided into North America, Europe, Asia-pacific (APAC), and Rest of the World. The global and regional markets were corroborated for the present and forecasted values based on statistical analysis.
AI in Epidemiology: Global Market Outlook
This report presents an in-depth assessment of the global market outlook of the AI in epidemiology. The scope of the study includes the software and platforms that support ML tools needed for AI in epidemiology. It examines new and emerging market trends and opportunities, and an assessment of the macroeconomic factors affecting the AI in epidemiology market. The report also highlights major trends and challenges that affect the market and the vendor landscape. The report concludes with the company profiles of leading market participants and their offerings.
Recent Reports
AI in Oil and Gas: Global Markets and Technologies
The global market for AI Technology in the Oil and Gas Sector is estimated to increase from $2.8 billion in 2023 to reach $5.1 billion by 2028, at a compound annual growth rate (CAGR) of 12.9% from 2023 through 2028.
Industrial IoT (IIoT): Global Markets
The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028.
Smart Home Technologies: Global Markets
The global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a compound annual growth rate (CAGR) of 10.3% during the forecast period of 2023-2028.
Global AI Camera Market
This report provides an understanding of the artificial intelligence (AI) camera market and the driving factors behind its adoption. It identifies the potential areas of growth and obstacles related to AI cameras, as well as to highlights the areas that require improvement within the AI camera industry. In this report, the global market of AI cameras has been segmented based on offerings, product type, technology, end users, and geographical region.
Medical Kiosks: Global Market and Forecasts
This report provides an outlook of the global medical kiosks market. It highlights the current and future market potential for global medical kiosks and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market, emerging technologies, future analysis and impact of wars on the market. The report covers market projections through 2028 and an analysis of company product portfolios of the key market players.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More