Growth in this market can be attributed to a number of factors such as the growing need for semantic interoperability among healthcare organizations, transition of point-of-care diagnostics from hospitals to home care settings, growing adoption of telehealth solutions, increasing Healthcare IT (HCIT) initiatives, regulations for improving healthcare quality, and rising need to curtail healthcare costs. However, high cost of technology, various interoperability issues, lack of standard interfaces, and fragmented end-users market are some of the factors restraining the growth of this market.
The medical device connectivity market in this report is segmented by component, technology, and end user. Based on product, the market is segmented into medical device connectivity services and solutions. In 2015, the medical device connectivity services product segment accounted for the largest share of the medical device connectivity market. This market is primarily driven by the need for effective implementation and demand for maximum utilization of connectivity solutions. Based on technology, the medical device connectivity market is segmented into three segments, namely, wired technologies, hybrid technologies, and wireless technologies. Based on end user, the medical device connectivity market is segmented into three segments, namely, hospitals & clinics, home healthcare, and imaging & diagnostic centers.
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The global medical device connectivity market is segmented on the basis of component, technology, end user, and region. On the basis of component, the market is segmented into two segments namely medical device connectivity services and solutions. The medical device connectivity services segment is further segmented into support and maintenance services, implementation and integration services, and training services, while medical device connectivity solutions segment is categorized into integration/networking solutions, interface devices, and telemetry systems. The Medical Device Connectivity Market is projected to grow at a CAGR of +25% by 2021
Divided by region, this study report is segmented into numerous key sections, with production, consumption, revenue, market share and progress rate of the regions Europe, North America, Asia Pacific, MEA, and ROW are mentioned in this report. As mentioned about the regions, a comprehensive regional classification of the market is also included herein.
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Moreover, the global Medical Device Connectivity market is segmented on the basis of various parameters. The factors which are impacting the market’s growth are studied in detail. The report also presents a overall weaknesses which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period. Besides this, profiles of some of the leading players operating and encouraging in the growth of the global Medical Device Connectivity market are included in the study. Additionally, using SWOT analysis, markets weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period.