Global Smart Medical Devices Market is Set to Grow at a CAGR of 6.75% (2017-2025)

According to Goldstein Research, global smart medical devices market is expected to reach USD 69.1 billion by 2025, expanding at a CAGR of 6.75% over the forecast period, 2017-2025. The growing potential of new care models like healthcare security, remote care and transforming healthcare with IoT to improve security, privacy, interoperability, and analytics for medical devices is likely to spur the growth prospects for this market. Global smart medical devices market segmentationhas been done on the basis of product type, modality, distribution channel, end-user, and geography. Based on product type, diagnostic & monitoring smart medical devices held the largest market share in global smart medical devices market in 2017 owing to spiraling technological advancements, whooping investments, smart and digitally accessed medical devices coupled with intensifying awareness among patients to manage their health conditions.

Global Smart medical devices market is dominated by North America region, expected to generate revenue of USD 27.67 billion by 2025 due to mounting preponderance of chronic disease and large number of incoming small and medium-sized enterprises, along with constant market consolidation efforts by the more prominent players.

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Market Segmentation

Global Smart Medical devices Market can be segmented as follows:

By Product Type

  • Diagnostic and Monitoring Devices
  • Therapeutic Device
  • Injury Prevention
  • Rehabilitation Device

By Modality

  • Portable
  • Wearable

By Distribution Channel

  • Online
  • Offline

By End User

  • Hospitals
  • Clinics
  • Home Care Settings
  • Diagnostics Lab

By Region

  • North America Smart Medical Devices Market Analysis, 2016-2024
  • Europe Smart Medical Devices Market Analysis, 2016-2024
  • Middle East And Africa Smart Medical Devices Market Analysis, 2016-2024
  • Latin America Smart Medical Devices Market Analysis, 2016-2024
  • Asia Pacific Smart Medical Devices Market Analysis, 2016-2024
  • Rest Of The World Smart Medical Devices Market Analysis, 2016-2024

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“Global Smart Medical Devices Market Outlook 2024” contains detailed overview of the global smart medical devices market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, modality, distribution channel, end-users and geography.

The Global Smart Medical Devices Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of smart medical devices market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global smart medical devices market discussed in the report are: Invacare Corporation; Abbott, AirStrip Technologies, Agfa-Gevaert, Alcatel-Lucent, Apple, AT&T, AthenaHealth, Epic Systems, Evolent Health, F. Hoffmann-La Roche, Google, Honeywell Life Care Solutions, HP Enterprises Services, Huawei Technologies, IBM, Johnson and Johnson, Medtronic, Microsoft, Misfit, Olympus, OMRON, Proteus Digital Health, Qualcomm, Samsung Electronics, STANLEY Healthcare Solutions, Voxiva, Warby Parker, WellDoc, Zebra Technologies,etc.

Further, Global Smart Medical Devices Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Smart Medical DevicesMarket outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on healthcare marketresearch reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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