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Home Health Care Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical...

Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices Fueling Growth in the North America Market: Ken Research

June 2022 | North America Connected Medical Devices Market News

Impact of COVID on North America Connected Medical Devices Market: The ongoing Covid-19 pandemic has positively affected the market for Connected Medical Devices. During the months of lockdowns, limited mobility and restricted contacts, numerous individuals, particularly those affected by the virus, shifted their purchasing preferences towards Connected Medical Devices rather than visiting a care facility. Although the demand was high, disrupted supply chain, limited transportation, lower workforce capacity, and restricted trade/import & export halted the manufacturing of Connected Medical Devices in several cases, resulting in lower sales.

north-america-connected-medical-devices-market

Expanding Use of Technology to Achieve Better-Orchestrated Healthcare delivery

A range of technology provisions are in deployment when it comes to connected medical devices and their use. These devices help unlock patient data siloes to make better clinical decisions in shorter time. Connected medical devices also leverage technologies relating to AI, robotics and block chain to make the services more efficient, faster and accurate.

Adoption of Health Monitoring Devices among Individuals: People becoming more and more conscious about keeping their vital health parameters, such as blood pressure, glucose and heart rate levels, under control is boosting the market. At the same time, patients recovering at home and a significant part of the aging population is adopting these devices for remote monitoring and real-time alerts on their connected user interface.

Analysts at Ken Research in their latest publication North America Connected Medical Devices Market Outlook and Forecast to 2027 – Driven by Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devicesbelieve that the Connected Medical Devices market is expected to grow due to the efficiency, speed, accuracy and convenience it brings to the field of healthcare.

north-america-connected-medical-devices-industry

Key Segments Covered in North America Connected Medical Devices Market:-

North America Connected Medical Devices Market By Components

Medical devices

System and Software

Connectivity Technology

Services

North America Connected Medical Devices Market By Application

Consultation and Diagnosis Services

Treatment Services

Remote Monitoring

Fitness

Wellness Services

North America Connected Medical Devices Market By Product/ Solution

Diagnostic Imaging

Consumables

Patient Aids

Orthopedic and Prosthetic

Dental Products

Other Medical Equipment

North America Connected Medical Devices Market By Type of End User Industry

Hospitals

Nursing Homes

Pathological Labs

Specialty Clinics

Ambulatory Surgical Centers

Home Care Settings and Monitoring

North America Connected Medical Devices Market By Geography and Major Countries

U.S.

Canada

Mexico

To learn more about this study – Request for Free Sample Report

Key Target Audience:-

Connected Medical Devices Manufacturers

Connected Medical Device Product Assemblers

Connected Medical Device Developers

Connected Medical Device Raw Materials Suppliers

Connected Medical Device Components Suppliers

Value-Added Resellers (VARs)

Potential Investors in Connected Medical Device Companies

Distributors and Retailers of Connected Medical Devices

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned:-

Key Competitors in North America Connected Medical Devices Market

Abbott Laboratories

Boston Scientific Corporation

Medtronic.

Philips Corporation

Stryker

NXP Semiconductors

Honeywell

Baxter

GE Healthcare

Beckton, Dickinson and Company (BD)

Masimo Corporation

Drager

Emerging Connected Medical Devices Companies in North America

Bright Uro

Zeta Surgical

Biomotum, INC

Puzzle Medical Devices

Arma Biosciences

Repare Therapeutics

ECGlove

MediQo

To learn more about this study – Request for Free Sample Report

Key Topics Covered in the Report:-

Snapshot of North America Connected Medical Devices Industry

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America Connected Medical Devices Market

Historic Growth of Overall North America Connected Medical Devices Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America Connected Medical Devices Industry

Overview, Product Offerings and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall North America Connected Medical Devices Market

Future Market Forecast and Growth Rates of the Total North America Connected Medical Devices Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America Connected Medical Devices Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America Connected Medical Devices Companies within Each Major Country

For more information on the research report, refer to below link:

North America Connected Medical Devices Market

Related Reports:

Philippines Medical Devices Outlook to 2025 (Second Edition)- Rising Cases of Chronic Diseases and Expected Growth in Demand for Cancer Therapy and Dialysis Equipment

Singapore Medical Devices Market Outlook to 2022 – By Type of Medical Device (Consumables, Diagnostic Imaging, Patient Aids, Orthopedic & Prosthetics, Dental Products And Others)

Vietnam Medical Devices Market Outlook to 2022 – By Equipments (Consumables, Diagnostic Imaging, Dental Products, Orthopedics and Prosthetics, Patient Aids And Other Medical Devices)

Indonesia Medical Devices Market Outlook to 2022 – By Medical Consumable Products, Diagnostic Imaging Products, Auxiliary Devices, Orthopedic Implants, Dental Products, Aesthetic Devices, By Imports & Domestic Production

UAE Medical Devices Market Outlook to 2025: Driven by technological advancement, increase in the aging population and rise in the prevalence of chronic diseases in the country

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Frequently Asked Questions:

What is the Study Period of this Market Report?

The North America Connected Medical Devices Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of North America Connected Medical Devices Market?

The North America Connected Medical Devices Market is expected to witness a CAGR of about 8% over the next 5 years.

What are the Key Factors Driving the North America Connected Medical Devices Market?

Shift Towards Homecare Settings and Rising Prevalence of Chronic Diseases are expected to be the primary drivers of this market.

Which is the Fastest Growing Application Segment within the North America Connected Medical Devices Market?

Remote Monitoring is the fastest growing application segment within the North America Connected Medical Devices Market.

Who are the Key Players in North America Connected Medical Devices Market?

Abbott Laboratories, Boston Scientific Corporation, Medtronic, Philips Corporation, Stryker, NXP Semiconductors, Honeywell, Baxter, GE Healthcare, Becton, Dickinson and Company (BD), Masimo Corporation and Drager are the major companies operating in North America Wearable Electronics Market.

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