IoT Medical Devices Market Share and Forecasts Report 2027

Besides exploring the company profiles of prominent market leaders, the research gather and analyses raw data on the regulatory framework, cost structure, import and export status, supply chain management and supply chain management expected to shape the trajectory of the business landscape. The researchers behind the study have further leveraged the industry-leading assessment tools to gauge the growing level of competition, recent acquisition and mergers, product launches and new entrants. The global IoT Medical Devices Market is forecasted to be worth USD 161.73 Billion by 2027, according to a current analysis by Emergen Research.     

Key Highlights From The Report

The high-tech pacemakers have several benefits, especially among those patients who intensive control and constant check of their health. These machines are not always active, but the connections are used to configure and set the parameters of the devices to monitor their activity remotely.

The wearable medical technologies growth is being propelled due to a rise in the demand of consumers to monitor their own health. These technologies enable the continuous monitor of human physical activities and their blood pressure, heart rate, and body temperature, as well as blood oxygen saturation.

NFC or near field communications ensure better communications among the healthcare staff and enable them to remain updated with real-time updates. It also allows users to communicate by touching or bringing their devices close to each other. It helps caretakers in tracking their patient’s activities.

North America is a major revenue-generating region in the IoT medical devices market. The advancement in technology and its incorporation in medical devices has fuelled its market demand, especially in remote care. IoT in medical devices has improved the quality of care in hospitals.

Key participants include GE Healthcare, Medtronic, Abbott Laboratories, Siemens, Johnson & Johnson, Boston Scientific, Philips Healthcare, Honeywell Life Care Solutions, Omron, and Biotronik, among others.

Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA

Product Outlook (Revenue, USD Billion; 2017-2027)

Vital Signs Monitoring Devices

Blood Pressure Monitors

Blood Glucose Monitors

ECG/Heart Rate Monitors

Oximeters

Multiparameter Monitors

Respiratory Devices

Fetal Monitoring Devices

Neurological Devices

Implantable Cardiac Devices

Implantable Cardioverter Defibrillators

Implantable Cardiac Monitors

Pacemakers

Hearing Devices

Anesthesia Machines

Patient Monitors

Ventilators

Imaging Systems

Infusion Pumps

Other Products

Type Outlook (Revenue, USD Billion; 2017-2027)

Wearable Medical Devices

Implantable Medical Devices

Stationary Medical Devices

Other IoT Medical Devices

Connectivity Technology Outlook (Revenue, USD Billion; 2017-2027)

Bluetooth

Wi-Fi

ZigBee

Near Field Communication (NFC)

Other Connectivity Technologies

End-User Outlook (Revenue, USD Billion; 2017-2027)

Hospitals & Clinics

Nursing Homes, Assisted Living Facilities, Long-term Care Centers, & Home Care Settings

Other End Users