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Increasing demand for better medical device management in the healthcare industry and rising need for automatic data entry systems in healthcare facilities are key factors driving market growth. <br>
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Medical Device Connectivity Market Size Worth USD 8.42 Billion in 2028 www.emergenresearch.com Increasing demand for better medical device management in the healthcare industry and rising need for automatic data entry systems in healthcare facilities are key factors driving market growth.
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Market Summary The global medical device connectivity market size reached USD 1.49 Billion in 2020 and is expected to register a CAGR of 24.3%, during the forecast period, according to latest analysis by Emergen Research. Global medical device connectivity market revenue is expected to expand significantly during the forecast period due to increasing demand for better medical device management in the healthcare industry. Rising need for automatic data entry systems in healthcare facilities is expected to further boost global medical device connectivity market growth. Increasing implementation of health information exchange solutions in the healthcare industry is also expected to boost market growth going ahead. However, concerns regarding cyber-attacks and high deployment costs of medical device connectivity systems are key factors expected to hamper growth of the global medical device connectivity market to a certain extent during the forecast period. www.emergenresearch.com
Market Summary • Some Key Highlights From the Report • The medical device integration segment is expected to lead in terms of revenue share and register a significantly robust CAGR during the forecast period. Integration of medical devices is a software-based solution that remotely collects and combines the patient's vital signs through various medical devices at the same time, and deployment of this software has been increasing due to convenience in terms of usage, which is expected to drive revenue growth of this segment going ahead. • Rising adoption of medical device connectivity systems to incorporate medical devices with Electronic Medical Records and Electronic Health Records is driving revenue growth of implementation & integration segment. • The wireless segment is expected to lead in terms of revenue share contribution to the global market during the forecast period. Wireless systems enable offering of high level of healthcare service and improved treatments as doctors constantly receive real-time information about patients, and this is a key factor driving preference across healthcare sectors. • The hospital segment is expected to lead in terms of revenue share among the end-use segments during the forecast period. Rising adoption of Electronic Health Records (EHRs) in hospitals is projected to fuel revenue growth of this segment during the forecast period. • Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/474 www.emergenresearch.com
Market Summary • Emergen Research has segmented the global medical device connectivity market on the basis of solution, service, technology, end-use, and region. • Solution Outlook (Revenue, USD Billion; 2018–2028) • Interface Devices • Telemetry Systems • Connectivity Hubs • Medical Device Integration • Service Outlook (Revenue, USD Billion; 2018–2028) • Training • Support & Maintenance • Consulting • Implementation & Integration • Read More@ https://www.emergenresearch.com/industry-report/medical-device-connectivity-market
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