
Connected Medical Devices Market Size,Share And Global Forecast 2032
Description
The Global Connected Medical Devices Market Size accounted for USD 56.2 Billion in 2023 and is estimated to achieve a market size of USD 273.6 Billion by 2032 growing at a CAGR of 19.6% from 2024 to 2032.
The connected medical devices market is rapidly evolving, driven by advancements in healthcare technology, the increasing adoption of Internet of Things (IoT) solutions, and the growing demand for real-time patient monitoring and management. Connected medical devices, often referred to as smart medical devices, integrate with digital platforms and networks to collect, transmit, and analyze patient data in real time. These devices enhance the accuracy of diagnoses, improve patient outcomes, and optimize healthcare delivery by enabling remote monitoring, telemedicine, and personalized care. The market for connected medical devices is expanding due to factors such as the increasing prevalence of chronic diseases, the aging population, healthcare system pressures to improve efficiency and reduce costs, and advancements in wireless communication technologies.
Connected Medical Devices Market Segmentation
The worldwide market for connected medical devices is split based on product, application, end-user, and geography.
Connected Medical Device Market By Product
Heart Rate Monitor
Smart Pill Dispenser
Portable GPS PERS
Insulin Pump
Pulse Oximeter
ECG Monitoring Devices
Glucose Monitor
BP Monitor
Others
Connected Medical Device Market By Application
Remote Monitoring
Treatment Services
Fitness
Consultation and Diagnosis Services
Wellness Services
Connected Medical Device Market By End-User
Hospitals
Specialty Clinics
Home Care Settings/Monitoring
Ambulatory Surgical Centers
Others
Connected Medical Devices Market Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Rest of Europe
Asia-Pacific
India
Japan
China
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of LATAM
The Middle East & Africa
South Africa
GCC Countries
Rest of the Middle East & Africa (ME&A)
Connected Medical Devices Market Players
Some of the top connected medical devices companies offered in our report include Honeywell International Inc., GE Healthcare, Garmin Ltd., Boston Scientific Corporation, NXP Semiconductors NV, Koninklijke Philips NV, Abbott Laboratories, Medtronic PLC, Stanley Black & Decker, Inc., and Qualcomm Incorporation.
The connected medical devices market is rapidly evolving, driven by advancements in healthcare technology, the increasing adoption of Internet of Things (IoT) solutions, and the growing demand for real-time patient monitoring and management. Connected medical devices, often referred to as smart medical devices, integrate with digital platforms and networks to collect, transmit, and analyze patient data in real time. These devices enhance the accuracy of diagnoses, improve patient outcomes, and optimize healthcare delivery by enabling remote monitoring, telemedicine, and personalized care. The market for connected medical devices is expanding due to factors such as the increasing prevalence of chronic diseases, the aging population, healthcare system pressures to improve efficiency and reduce costs, and advancements in wireless communication technologies.
Connected Medical Devices Market Segmentation
The worldwide market for connected medical devices is split based on product, application, end-user, and geography.
Connected Medical Device Market By Product
Heart Rate Monitor
Smart Pill Dispenser
Portable GPS PERS
Insulin Pump
Pulse Oximeter
ECG Monitoring Devices
Glucose Monitor
BP Monitor
Others
Connected Medical Device Market By Application
Remote Monitoring
Treatment Services
Fitness
Consultation and Diagnosis Services
Wellness Services
Connected Medical Device Market By End-User
Hospitals
Specialty Clinics
Home Care Settings/Monitoring
Ambulatory Surgical Centers
Others
Connected Medical Devices Market Regional Outlook
North America
U.S.
Canada
Europe
U.K.
Germany
France
Spain
Rest of Europe
Asia-Pacific
India
Japan
China
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of LATAM
The Middle East & Africa
South Africa
GCC Countries
Rest of the Middle East & Africa (ME&A)
Connected Medical Devices Market Players
Some of the top connected medical devices companies offered in our report include Honeywell International Inc., GE Healthcare, Garmin Ltd., Boston Scientific Corporation, NXP Semiconductors NV, Koninklijke Philips NV, Abbott Laboratories, Medtronic PLC, Stanley Black & Decker, Inc., and Qualcomm Incorporation.
Table of Contents
250 Pages
- CHAPTER 1 Industry Overview of Connected Medical Devices Market
- 1.1 Definition and Scope
- 1.2 Summary
- CHAPTER 2 Research Approach
- 2.1 Methodology
- 2.2 Data Source
- CHAPTER 3 Market Dynamics And Competition Analysis
- 3.1 Market Drivers
- 3.2 Restraints and Challenges
- 3.3 Growth Opportunities
- 3.4 Porter’s Five Forces Analysis
- 3.5 Market Concentration Ratio and Market Maturity Analysis of Connected Medical Devices Market
- 3.6 Technological Roadmap for Connected Medical Devices Market
- 3.7 Value Chain Analysis
- 3.8 Cost Structure Analysis
- 3.9 Regulatory Compliance
- 3.10 Competitive Landscape, 2023
- CHAPTER 4 Manufacturing Plant Analysis
- 4.1 Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023
- 4.2 R&D Status of Major Manufacturers in 2023
- CHAPTER 5 Connected Medical Devices Market By Product
- 5.1 Introduction
- 5.2 Connected Medical Devices Revenue By Product
- 5.2.1 Connected Medical Devices Revenue (USD Million) and Forecast, By Product, 2020-2032
- 5.2.2 Heart Rate Monitor
- 5.2.2.1 Heart Rate Monitor Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.3 Smart Pill Dispenser
- 5.2.3.1 Smart Pill Dispenser Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.4 Portable GPS PERS
- 5.2.4.1 Portable GPS PERS Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.5 Insulin Pump
- 5.2.5.1 Insulin Pump Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.6 Pulse Oximeter
- 5.2.6.1 Pulse Oximeter Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.7 ECG Monitoring Devices
- 5.2.7.1 ECG Monitoring Devices Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.8 Glucose Monitor
- 5.2.8.1 Glucose Monitor Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.9 BP Monitor
- 5.2.9.1 BP Monitor Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 5.2.10 Others
- 5.2.10.1 Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- CHAPTER 6 Connected Medical Devices Market By Application
- 6.1 Introduction
- 6.2 Connected Medical Devices Revenue By Application
- 6.2.1 Connected Medical Devices Revenue (USD Million) and Forecast, By Application, 2020-2032
- 6.2.2 Remote Monitoring
- 6.2.2.1 Remote Monitoring Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 6.2.3 Treatment Services
- 6.2.3.1 Treatment Services Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 6.2.4 Fitness
- 6.2.4.1 Fitness Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 6.2.5 Consultation and Diagnosis Services
- 6.2.5.1 Consultation and Diagnosis Services Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 6.2.6 Wellness Services
- 6.2.6.1 Wellness Services Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- CHAPTER 7 Connected Medical Devices Market By End-User
- 7.1 Introduction
- 7.2 Connected Medical Devices Revenue By End-User
- 7.2.1 Connected Medical Devices Revenue (USD Million) and Forecast, By End-User, 2020-2032
- 7.2.2 Hospitals
- 7.2.2.1 Hospitals Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 7.2.3 Specialty Clinics
- 7.2.3.1 Specialty Clinics Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 7.2.4 Home Care Settings/Monitoring
- 7.2.4.1 Home Care Settings/Monitoring Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 7.2.5 Ambulatory Surgical Centers
- 7.2.5.1 Ambulatory Surgical Centers Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- 7.2.6 Others
- 7.2.6.1 Others Market Revenue (USD Million) and Growth Rate (%), 2020-2032
- CHAPTER 8 North America Connected Medical Devices Market By Country
- 8.1 North America Connected Medical Devices Market Overview
- 8.2 U.S.
- 8.2.1 U.S. Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 8.2.2 U.S. Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 8.2.3 U.S. Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 8.3 Canada
- 8.3.1 Canada Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 8.3.2 Canada Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 8.3.3 Canada Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 8.4 North America PEST Analysis
- CHAPTER 9 Europe Connected Medical Devices Market By Country
- 9.1 Europe Connected Medical Devices Market Overview
- 9.2 U.K.
- 9.2.1 U.K. Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 9.2.2 U.K. Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 9.2.3 U.K. Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 9.3 Germany
- 9.3.1 Germany Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 9.3.2 Germany Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 9.3.3 Germany Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 9.4 France
- 9.4.1 France Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 9.4.2 France Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 9.4.3 France Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 9.5 Spain
- 9.5.1 Spain Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 9.5.2 Spain Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 9.5.3 Spain Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 9.6 Rest of Europe
- 9.6.1 Rest of Europe Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 9.6.2 Rest of Europe Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 9.6.3 Rest of Europe Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 9.7 Europe PEST Analysis
- CHAPTER 10 Asia Pacific Connected Medical Devices Market By Country
- 10.1 Asia Pacific Connected Medical Devices Market Overview
- 10.2 China
- 10.2.1 China Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 10.2.2 China Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 10.2.3 China Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 10.3 Japan
- 10.3.1 Japan Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 10.3.2 Japan Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 10.3.3 Japan Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 10.4 India
- 10.4.1 India Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 10.4.2 India Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 10.4.3 India Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 10.5 Australia
- 10.5.1 Australia Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 10.5.2 Australia Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 10.5.3 Australia Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 10.6 South Korea
- 10.6.1 South Korea Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 10.6.2 South Korea Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 10.6.3 South Korea Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 10.7 Rest of Asia-Pacific
- 10.7.1 Rest of Asia-Pacific Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 10.7.2 Rest of Asia-Pacific Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 10.7.3 Rest of Asia-Pacific Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 10.8 Asia Pacific PEST Analysis
- CHAPTER 11 Latin America Connected Medical Devices Market By Country
- 11.1 Latin America Connected Medical Devices Market Overview
- 11.2 Brazil
- 11.2.1 Brazil Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 11.2.2 Brazil Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 11.2.3 Brazil Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 11.3 Mexico
- 11.3.1 Mexico Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 11.3.2 Mexico Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 11.3.3 Mexico Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 11.4 Rest of Latin America
- 11.4.1 Rest of Latin America Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 11.4.2 Rest of Latin America Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 11.4.3 Rest of Latin America Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 11.5 Latin America PEST Analysis
- CHAPTER 12 Middle East & Africa Connected Medical Devices Market By Country
- 12.1 Middle East & Africa Connected Medical Devices Market Overview
- 12.2 GCC
- 12.2.1 GCC Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 12.2.2 GCC Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 12.2.3 GCC Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 12.3 South Africa
- 12.3.1 South Africa Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 12.3.2 South Africa Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 12.3.3 South Africa Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 12.4 Rest of Middle East & Africa
- 12.4.1 Rest of Middle East & Africa Connected Medical Devices Revenue (USD Million) and Forecast By Product, 2020-2032
- 12.4.2 Rest of Middle East & Africa Connected Medical Devices Revenue (USD Million) and Forecast By Application, 2020-2032
- 12.4.3 Rest of Middle East & Africa Connected Medical Devices Revenue (USD Million) and Forecast By End-User, 2020-2032
- 12.5 Middle East & Africa PEST Analysis
- CHAPTER 13 Player Analysis Of Connected Medical Devices Market
- 13.1 Connected Medical Devices Market Company Share Analysis
- 13.2 Competition Matrix
- 13.2.1 Competitive Benchmarking of key players by price, presence, market share, and R&D investment
- 13.2.2 New Product Launches and Product Enhancements
- 13.2.3 Mergers And Acquisition In Global Connected Medical Devices Market
- 13.2.4 Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
- CHAPTER 14 Company Profile
- 14.1 Honeywell International Inc.
- 14.1.1 Company Snapshot
- 14.1.2 Business Overview
- 14.1.3 Financial Overview
- 14.1.3.1 Revenue (USD Million), 2023
- 14.1.3.2 Honeywell International Inc. 2023 Connected Medical Devices Business Regional Distribution
- 14.1.4 Product /Service and Specification
- 14.1.5 Recent Developments & Business Strategy
- 14.2 GE Healthcare
- 14.3 Garmin Ltd.
- 14.4 Boston Scientific Corporation
- 14.5 NXP Semiconductors NV
- 14.6 Koninklijke Philips NV
- 14.7 Abbott Laboratories
- 14.8 Medtronic PLC
- 14.9 Stanley Black & Decker, Inc.
- 14.10 Qualcomm Incorporation
Pricing
Currency Rates
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