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.
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 Devices” believe 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.
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
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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
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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:
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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.