The global Medical Device Connectivity market size is projected to reach USD 19570 Million by 2026, from USD 4080.7 Million in 2019, at a CAGR of 25.1% during 2021-2026.
Medical Device Connectivity is the establishment and maintenance of a connection through which data is transferred between a medical device, such as a patient monitor and an information system.
Major factors driving the growth of medical device connectivity market size are:
The rising need for data analytics and the increasing adoption of digital services such as patient monitoring, real time patient care & EHRs in hospitals and healthcare organizations.
Growing demand for home healthcare and automation of medical devices.