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Share this article Share this article ResearchAndMarkets.com s offering. The introduction of IoT has benefitted the healthcare industry in various ways. The connected medical devices are poised to solve the challenges faced by the healthcare industry. The Healthcare industry, in recent years, has witnessed a growth of medical devices connected with each other via wireless monitoring services. The adoption of these devices is also increasing day by day owing to their reliability, effective patient monitoring and Government initiatives etc. Moreover, the penetration of mobile and internet technology and spending on R&D activities are contributing to the growth of the market. For instance, in the year 2019 more than 45 new medical devices and technologies were approved by the US FDA. As of June 2020, more than 20 connected devices are sanctioned by the FDA.

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