Global IoT Medical Devices Market


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Uploaded on Oct 24, 2020

Global IoT Medical Devices Market was valued US$ 23.56 Bn in 2019 and is estimated to reach US$ XX Bn by 2026 at a CAGR of XX %.

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Global IoT Medical Devices Market

Global IoT Medical Devices Market was valued US$ 23.56 Bn in 2019 and is estimated to reach US$ XX Bn by 2026 at a CAGR of XX %. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. The major driving factors of IoT medical devices market are increasing government initiative in promoting digital health, increasing focus towards patient safety, rising usage of smartphones and changing lifestyles, penetration of high speed networks, and growing need for prolonged home health care of patient due to increasing genetic diseases. IoT medical devices market is segmented into product, type, connectivity technology, end user, and region. Based on type, IoT medical devices market is segregated by stationary medical device, implantable medical device, and wearable medical devices. Wearable medical device is estimated to hold largest share of market in forecast period due to rising health awareness, and rising need for home health care. On basis of connectivity technology, IoT medical devices market is divided by Wifi and Bluetooth. Bluetooth segment will drive the growth market during forecast period, due to rising developments in Bluetooth enabled medical devices, low power consumption, and low cost. In terms of end user, IoT medical devices market is classified into long term care centers & home care centers, hospitals & clinics, and others. Long term care center, and home care center segments are estimated to boost market in forecast period, due to high cost to stay at hospitals. In terms of region, Asia Pacific is estimated to hold XX % share of market during forecast period, due to rising government initiatives for eHealth, increasing awareness among patient regarding self-healthcare management, and growing demand for high quality healthcare services. Followed by Europe, Asia Pacific, Latin America, and Middle East & Africa. The objective of the report is to present comprehensive analysis of Global IoT Medical Devices Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro- economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global IoT Medical Devices Market dynamics, structure by analyzing the market segments, and project the Global IoT Medical Devices Market size. Clear representation of competitive analysis of key players by Global IoT Medical Devices Market Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global IoT Medical Devices Market make the report investor’s guide. https://www.maximizemarketresearch.com/market-report/global-iot-medical- devices-market/16560/ The Scope of Report Global IoT Medical Devices Market: Global IoT Medical Devices Market, by Product: • Blood pressure monitor • Glucometer • Cradiac monitor • Pulse oximeter • Influsion pump Global IoT Medical Devices Market, by Type: • Wearable • Implantable device • Stationary medical device Global IoT Medical Devices Market, by Connectivity Technology: • Wifi • Bluetooth Global IoT Medical Devices Market, by End User: • Long term care centers & home care centers • Hospitals & clinics • Others Global IoT Medical Devices Market, by Region: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Key Players, Global IoT Medical Devices Market : • GE Healthcare • Philips • Medtronic • Honeywell Life Care Solutions • BIOTRONIK • Boston Scientific • Johnson & Johnson • Siemens • Omron • BioTelemetry • AliveCor • iHealth Lab • AgaMatrix • Abbott Laboratories • STANLEY Healthcare • Welch Allyn • Biotronik • Stanley Healthcare.