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by Type (Monitoring Equipment, Endoscopic, Heart Rate Regulator, Spinal Electrical Stimulation),
Application (Hospitals, Clinic, Other). The report covers global opportunity analysis and industry forecast from 2021 to 2027. It is published on
The Medical Electronics market size is projected to reach USD 5256.6 Million by 2027, from USD 4506.3 Million in 2020, at a CAGR of 2.6% during the forecast period 2021-2027.
The medical electronics market size is expected to grow rapidly as a result of factors such as an aging population, an increase in lifestyle and chronic diseases, increased demand for customized, easy-to-use, and advanced healthcare devices.
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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.
Medical Device Connectivity Market Size to Reach USD 19570 Million by 2026 at a CAGR 25 1% prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.