Medical Device Connectivity Market

Transparency Market Research
Global Medical Device Connectivity Market Projected to Grow at 37% CAGR between 2013
and 2019
Published Date
93 Page Report
26-Nov-2013
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Press Release
http://www.transparencymarketresearch.com/pressrelease/medical-device-connectivityindustry.htm
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REPORT DESCRIPTION
Global Medical Device Connectivity Market Projected to Grow at 37% CAGR
between 2013 and 2019
The report, titled “Medical Device Connectivity Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2013 - 2019”, published by the market intelligence firm Transparency Market Research, is a detailed overview of
the current state of the highly developing global medical device connectivity market and a forecast for the market for the
period between 2013 and 2019.
The report states that the global medical device connectivity market is being driven by the rising demand for home
healthcare facilities. The increased possibility of prevention of hospital readmissions and saving nursing hours will drive
the market over the report’s forecast period. Despite of these growth factors, the market will be restrained to a certain
extent due to factors such as operational challenges, security concerns, cost constraints for small-sized healthcare units,
and connectivity issues.
The report segments the global MDC market on the basis of component type, end user, and geography. On the basis of
component, the market is segmented into wireless hardware, software, and wired hardware. The segment of wireless
hardware is further segmented into Wi-Fi hardware, Bluetooth hardware, and WMTS hardware. The key end users of
MDC systems analyzed in the report include hospitals, home healthcare, and others. Geography-wise, the market is
segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW).
Of the key components of a typical MDC system studied in the report, the market segment of wired hardware held the
largest share in the global market by acquiring an impressive 44.7% in terms of revenue. The segment of wireless
technology, owing to the portability and cost-effectiveness of these systems, is expected to expand at a good pace over the
report’s forecast period.
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Of the key end-use segments of the market studied in the report, the segment of hospitals acquired 80% share in the
market. The home healthcare segment expanded by 9% over 2011-2012 and is expected to further expand in the future
years. The availability of reliable and high speed internet connectivity across distant corners of the globe is leading to
increased popularity of home healthcare centers across the globe. This will allow further development of the MDC market
in the future years.
The report also presents a detailed analysis of the competitive landscape of the global MDC market wherein business
profiles of some of the key businesses operating in the market are discussed. Some of the key businesses operating in the
market are Philips Healthcare, Capsule Tech Inc., Cerner Corporation, Cisco Systems Inc., eDevice Inc., Digi
International Inc., Honeywell HomeMed LLC, Siemens Healthcare, Lantronix Inc., and Qualcomm Inc.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Research description
1.2 Research scope
1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Market Definition
3.2 Current trends in Market
3.3 Factor analysis
3.3.1 Drivers
3.3.1.1 Growing demand for home healthcare
3.3.1.2 Saved nursing hours
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3.3.1.3 Improved diagnosis of patients
3.3.1.4 Increased need for workflow automation
3.3.1.5 Prevention of hospital readmissions
3.3.2 Restraints
3.3.2.1 Connectivity issues and operational challenges
3.3.2.2 Security concerns
3.3.2.3 Cost barrier for smaller healthcare units
3.3.3 Opportunities
3.3.3.1 Opportunities in Asia-Pacific
3.3.3.2 Large untapped market
3.3.3.3 Technological Innovations
3.4 Value chain analysis
3.5 Porter’s five forces analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of substitutes
3.5.4 Threat of new entrants
3.5.5 Competitive rivalry
Chapter 4 Global Medical Device Connectivity Market by Component, 2013 – 2019
4.1 Introduction
4.2 Wireless Hardware
4.2.1 Wireless hardware market size and forecast, 2011 – 2019 (USD million)
4.2.1.1 Wi-Fi hardware
4.2.1.1.1 Wi-Fi hardware, market size and forecast, 2011 - 2019 (USD million)
4.2.1.2 Wireless medical telemetry hardware
4.2.1.2.1 Wireless medical telemetry hardware, market size and forecast, 2011 - 2019 (USD million)
4.2.1.3 Bluetooth hardware
4.2.1.3.1 Bluetooth hardware, market size and forecast, 2011 - 2019 (USD million)
4.3 Wired Hardware
4.3.1 Wired hardware technology market size and forecast, 2011 – 2019 (USD million)
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4.4 Software
4.4.1 Software market size and forecast, 2011 – 2019 (USD million)
Chapter 5 Global Medical Device Connectivity Market by End User, 2013 – 2019
5.1 Introduction
5.2 Hospitals
5.2.1 Hospitals market size and forecast, 2011 – 2019 (USD million)
5.3 Home healthcare
5.3.1 Home healthcare, market size and forecast 2011 – 2019 (USD million)
5.4 Others (Long term care facilities, Skilled nursing homes, care homes)
5.4.1 Others, market size and forecast 2011 – 2019 (USD million)
Chapter 6 Global Medical Device Connectivity Market by Geography, 2013 – 2019
6.1 Introduction
6.2 North America
6.2.1 North America medical device connectivity market revenue, 2011 – 2019 (USD million)
6.3 Europe
6.3.1 Europe medical device connectivity market revenue, 2011 – 2019 (USD million)
6.4 Asia Pacific (APAC)
6.4.1 Asia Pacific medical device connectivity market revenue, 2011 – 2019 (USD million)
6.5 Rest of the World (ROW)
6.5.1 Rest of the World medical device connectivity market revenue, 2011 – 2019 (USD million)
Chapter 7 Competitive Landscape
7.1 Market shares of key solution providers
7.1.1 Market share of major players Solution providers in Medical Device connectivity Market, 2012 (%)
Chapter 8 Company Profiles
8.1 Capsule Tech Inc.
8.1.1 Company overview
8.1.2 Financial overview
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8.1.3 Business strategies
8.1.4 Recent developments
8.2 Cerner Corporation
8.2.1 Company overview
8.2.2 Financial overview
8.2.3 Business strategies
8.2.4 Recent developments
8.3 Philips Healthcare
8.3.1 Company overview
8.3.2 Financial overview
8.3.3 Business strategies
8.3.4 Recent developments
8.4 Digi International Inc.
8.4.1 Company overview
8.4.2 Financial overview
8.4.3 Business strategies
8.4.4 Recent developments
8.5 Cisco Systems Inc.
8.5.1 Company overview
8.5.2 Financial overview
8.5.3 Business strategies
8.5.4 Recent developments
8.6 Siemens Healthcare
8.6.1 Company overview
8.6.2 Financial overview
8.6.3 Business strategies
8.6.4 Recent developments
8.7 Honeywell HomeMed LLC
8.7.1 Company overview
8.7.2 Financial overview
8.7.3 Business strategies
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8.7.4 Recent developments
8.8 Dräger Medical GmbH
8.8.1 Company overview
8.8.2 Financial overview
8.8.3 Business strategies
8.8.4 Recent developments
8.9 eDevice Inc.
8.9.1 Company overview
8.9.2 Financial overview
8.9.3 Business strategies
8.9.4 Recent developments
8.10 Qualcomm Inc.
8.10.1 Company overview
8.10.2 Financial overview
8.10.3 Business strategies
8.10.4 Recent developments
8.11 Lantronix Inc.
8.11.1 Company overview
8.11.2 Financial overview
8.11.3 Business strategies
8.11.4 Recent developments
8.12 Cardiopulmonary Corporation
8.12.1 Company overview
8.12.2 Financial overview
8.12.3 Business strategies
8.12.4 Recent developments
8.13 GE Healthcare Ltd.
8.13.1 Company overview
8.13.2 Financial overview
8.13.3 Business strategies
8.13.4 Recent developments
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About Us
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and
consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical,
chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR
research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape,
detailed segmentation, key trends, and strategic recommendations.
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The global medical device connectivity market, valued at US$3500 mn in 2012, will expand at an unprecedented 37% CAGR between 2013 and 2019 and rise to a valuation of US$33.5 billion by 2019. Medical device connectivity (MDC) systems are used to remotely monitor, control, and configure patient’s administrative data, such as the information about the dose of medication given, its rate and timing, along with psychological and other important data. Know more: http://goo.gl/wPV2am