The medical device connectivity market share is expected to witness significant growth in the coming years. With the increasing adoption of electronic health records (EHRs) and the need for seamless data integration across healthcare systems, there is a growing demand for medical device connectivity solutions.

One of the key drivers of this market is the need for real-time patient monitoring and data analysis. Healthcare providers are increasingly relying on connected medical devices to monitor patients remotely, enabling them to make timely interventions and improve patient outcomes. This trend is particularly evident in critical care settings, where continuous monitoring of vital signs is crucial.

Moreover, the integration of medical devices with EHRs allows for efficient data management and streamlined workflows. By connecting devices such as infusion pumps, ventilators, and patient monitors directly to EHR systems, healthcare professionals can access real-time patient data without manual entry or transcription errors. This not only saves time but also enhances accuracy and reduces the risk of adverse events.

Another factor driving market growth is the increasing focus on interoperability Interoperability ensures seamless communication and data exchange between different medical devices and EHR systems, enabling comprehensive and holistic patient care.

The Medical Device Connectivity Market Size was valued at USD 2.24 billion in 2022, and is expected to reach USD 12.93 billion by 2030 and grow at a CAGR of 24.5% over the forecast period 2023-2030.

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KEY MARKET SEGMENTATION:

By Product and Services

·        Medical Device Connectivity Solutions

·        Implementation and Integration services

·        Support & maintenance services

·        Training services

·        Consulting services

By Technology

·        Wired technologies

·        Wireless technologies

·        Hybrid technologies

By Application

·        Vital signs & patient monitors

·        Anesthesia machines & Ventilators

·        Infusion pumps

By End User

·        Hospitals

·        Home Care Centers

·        Diagnostic & Imaging Centers

·        Ambulatory Care Centers

Some of the major key players are as follows: Cerner Corporation, GE Healthcare Ltd., Cisco Systems Inc., Digi International Inc., Honeywell HomeMed LLC, Philips Healthcare, Cardiopulmonary Corporation, Qualcomm Inc.eDevice Inc., Siemens Healthcare and Other Players.

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