Global Medical Device Connectivity Market Analysis Report 2023-2024 and 2029: Rising Demand for Seamless Communication and Increased Efficiencies Fueling Growth - ResearchAndMarkets.com
The global medical device connectivity market in 2023 stood at US$2.35 billion, and is likely to reach US$8.84 billion by 2029.
- The global medical device connectivity market in 2023 stood at US$2.35 billion, and is likely to reach US$8.84 billion by 2029.
- The global medical device connectivity market value is projected to grow at a CAGR of 24.71%, during the forecast period of 2024-2029.
- North America medical device connectivity market enjoyed the highest market share in 2023, primarily owing to reasons such as the high prevalence of chronic diseases and increasing adoption of EHRs.
- By Technology: According to the report, the global medical device connectivity market is bifurcated into three technologies: Wireless, Wired and Hybrid.