Medical Device Connectivity Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019
Albany, New York (PRWEB) August 13, 2014
The major driving factors of the industry recognized by the report include the rising need for automation in workplaces, especially of healthcare facilities due to accuracies in data acquired, rising concerns about patient safety and the need for reducing time and efforts required for patient re-admission. The general population is becoming aware about the benefits offered by the integration of information technology and healthcare systems for faster and more accurate data transfer. This awareness is a leading factor for the rapid growth of this industry in the past few years.
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Medical Device Connectivity Market is expected to grow from USD 3,500 million in 2012 to USD 33.5 billion in 2019, observing growth at a CAGR of 37.8% from 2013 to 2019, the forecast period of the report. The geographic section of North America was the largest market for MDC services in the year 2012 due to the rising awareness about the benefits of MDC systems in the healthcare industry.
However, factors such as operational and connectivity issues and financial constraints for smaller healthcare facilities could have a negative effect on the industry statistics in the coming years. The medical device connectivity market report focuses on three segments: components, end users or applications and geographic regions.
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This study includes profile of key players in the market and the strategies adopted by them to sustain the competition. Recent developments and barriers of the market will help emerging players to design their strategies in an effective manner. The study is expected to help solution providers of medical device connectivity in formulating and developing their strategies.
Medical device connectivity market by Component
Medical device connectivity market by End user
Medical device connectivity market by Geography
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