North America Connected Medical Devices Market Report 2022: Driven by Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "North America Connected Medical Devices Market Outlook and Forecast to 2027 - Driven by Rising Consumer Awareness, Prevalence of Chronic Diseases, and Cost-containment of Connected Medical Devices" report has been added to ResearchAndMarkets.com's offering.
The Connected Medical Devices Market in North America is expected to witness moderate growth over the next five years, primarily driven by the need for remote monitoring of patients going through recovery in the home care settings, adoption of technology by not only larger institutional care providers, such as hospitals and nursing homes, but specialty clinics, pathological labs and ambulatory surgical centers, and the increase of connectivity penetration in making medical devices more efficient, fast and data-driven.
The increasing prevalence of chronic conditions and treatments for patients suffering from these diseases is putting enormous pressure on the health systems of various countries. Resultantly, players active in the market are actively investing in research & development of advanced and easy to use medical devices to treat chronic disorders, citing efforts by health care agencies to move more and more patients to home care settings. The increasing demand for quality healthcare services for the aging population is also driving the need for connected, remote monitoring solutions and trackable devices.
The spread of technology in healthcare, such as the use of AI-based solutions, robotic systems, block chain technology, is helping mitigate the risk of human of error in healthcare procedures and making identification of serious conditions more accurate and timely. It is why smaller centres of healthcare delivery, such as ambulatory surgical centres are becoming more and more inclined towards connected medical devices.
High deployment cost, data security and integrity issues and ensuring regulatory compliance emerge to be the major challenges in this market. The cost of interoperability and connectivity solutions for various medical devices is quite high. The increasing use of automated technologies such as EHR, health care integration and health information exchange have also resulted in concerns over the security of proprietary data and applications. Stringent regulations, traceability and safety are also major concerns for a medical device manufacturer.
Key Segments Covered in North America Connected Medical Devices Market
North America Connected Medical Devices Market By Components
- Medical devices
- System and Software
- Connectivity Technology
- Services
North America Connected Medical Devices Market By Application
- Consultation and Diagnosis Services
- Treatment Services
- Remote Monitoring
- Fitness
- Wellness Services
North America Connected Medical Devices Market By Product/Solution
- Diagnostic Imaging
- Consumables
- Patient Aids
- Orthopedic and Prosthetic
- Dental Products
- Other Medical Equipment
North America Connected Medical Devices Market By Type of End User Industry
- Hospitals
- Nursing Homes
- Pathological Labs
- Specialty Clinics
- Ambulatory Surgical Centers
- Home Care Settings and Monitoring
North America Connected Medical Devices Market By Geography and Major Countries
- U.S.
- Canada
- Mexico
Companies Mentioned
Key Competitors in North America Connected Medical Devices Market
- Abbott Laboratories
- Boston Scientific Corporation
- Medtronic.
- Philips Corporation
- Stryker
- NXP Semiconductors
- Honeywell
- Baxter
- GE Healthcare
- Beckton, Dickinson and Company (BD)
- Masimo Corporation
- Drager
Emerging Connected Medical Devices Companies in North America
- Bright Uro
- Zeta Surgical
- Biomotum, INC
- Puzzle Medical Devices
- Arma Biosciences
- Repare Therapeutics
- ECGlove
- MediQo
Key Topics Covered:
1. Executive Summary
2. Market Overview and Key Trends Impacting Growth
3. Total North America - Market Segmentation by Products, Historic Growth, Outlook & Forecasts
4. Total North America - Market Segmentation by Component Mode, Historic Growth, Outlook & Forecasts
5. Total North America - Market Segmentation by Application Type, Historic Growth, Outlook & Forecasts
6. Total North America Market Segmentation by End User Segment/Industry, Growth, Outlook & Forecasts
7. Industry / Competition Analysis - Competitive Landscape
8. Key Competitor Profiles
9. Geographic Analysis & Major Countries Market Historic Growth, Outlook and Forecasts
10. Industry Experts Opinions/Perspectives
11. Analyst Recommendations
12. Appendix
13. Contact the Publisher
For more information about this report visit https://www.researchandmarkets.com/r/qg6z1p
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