DUBLIN--(BUSINESS WIRE)--Aug 23, 2018--The "IoT Medical Devices Market by Product (Blood Pressure Monitor, Glucometer, Cardiac Monitor, Pulse Oximeter, Infusion Pump), Type (Wearable, Implantable Device), Connectivity Technology (Bluetooth, Wifi), End User (Hospital) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global IoT medical devices market is projected to reach USD 63.43 billion by 2023 from USD 20.59 billion in 2018, at a CAGR of 25.2% during the forecast period.

Factors such as increasing initiatives by governments of both developed and emerging countries for promoting digital health and the evolution of high-speed networking technologies and increasing penetration of smartphones, tablets, and other mobile platforms in healthcare services are expected to drive the growth of this market during the forecast period. However, the deployment of connected medical devices and the dearth of skilled personnel are the major factors that are expected to hinder market growth in major regions across the globe.

In 2017, the imaging systems segment dominated the IoT medical devices market. The growth of the imaging systems market is attributed to the operational and maintenance advantage that connected imaging systems offer, the growing investments being made by top imaging device companies, and the rising prevalence of chronic diseases as well as the increased need for improved patient outcomes.

In 2017, the stationary medical devices segment dominated the IoT medical devices market. This can be attributed to government regulations mandating the use of EHR, the high cost of these devices, and the advantages they offer in terms of data accessibility and interoperability.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Insights

7 IoT Medical Devices Market, By Product

8 IoT Medical Devices Market, By Type

9 IoT Medical Devices Market, By Connectivity Technology

10 IoT Medical Devices Market, By End User

11 IoT Medical Devices Market, By Region

12 Competitive Landscape

13 Company Profiles

Medtronic GE Healthcare Philips Healthcare (Philips) Siemens Abbott Laboratories Boston Scientific Honeywell Life Care Solutions Biotronik Johnson & Johnson Omron Biotelemetry Alivecor Agamatrix Ihealth Lab Stanley Healthcare Welch Allyn

For more information about this report visit https://www.researchandmarkets.com/research/sg8ksk/63_4_bn_iot?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180823005726/en/

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Related Topics:Medical Devices,Internet of Things and M2M



SOURCE: Research and Markets

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PUB: 08/23/2018 03:40 PM/DISC: 08/23/2018 03:40 PM