Global Medical Device Connectivity Market to Rise due to Increasing Demand for Home Healthcare

Published On : 08 Aug 2016 announces the addition of a new research report, titled “Global Medical Device Connectivity Market Professional Survey Report 2016.” This report presents an in-depth evaluation of the market and details the top factors influencing the development of the market. The Porter’s five forces evaluation also presents in-depth information on the threat of new substitutes and the potency of buyers and suppliers.

The study also encapsulates recent developments as well as the SWOT analysis of the prime players in order to allow companies to estimate the competitive scenario in the medical device connectivity market. The opportunities and trends in numerous regions have also been analyzed for companies to strategize region-specific measures in order to gain a competitive advantage.

The first section of the overview of the medical device connectivity industry presents the definition, classifications, applications, and specifications of medical device connectivity. In addition, the industry chain structure, news analysis, and policy analysis of the medical device connectivity industry have also been provided in the report.

Medical device connectivity solutions are utilized for remotely monitoring, configuring, and controlling the administration data of patients, including the physiological date, dose, and other important information. This further aids healthcare practitioners in providing enhanced medical care to their patients. Medical device connectivity solutions present a complete and accurate picture of the condition of a patient and also enhances the clinical analytics capabilities. This further results in improved medical outcomes.

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Next in the report is an evaluation of the manufacturing cost structure of the medical device connectivity industry. This section provides insights into the suppliers of raw materials and the price evaluation of the medical device connectivity industry. In addition, the suppliers of equipment and a labor cost evaluation of the medical device connectivity industry are also presented in this section of the report.

The report then presents an analysis of the major factors impacting the development of the medical device connectivity market. These factors comprise the drivers, opportunities, and restraints and their impact on the growth of the market.

The increasing demand for home healthcare and the improved diagnosis achieved by the use of medical device connectivity solutions are amongst the major factors stimulating the growth of the global medical device connectivity market. In addition, the growing requirement of workflow automation and the decreasing number of hospital readmissions due to the employment of medical device connectivity solutions will also positively impact the development of this market. Furthermore, the increasing technological innovations are amongst the chief opportunities in this market. However, the increasing concerns about data security may impede the growth of the market in the coming years. In addition, the employment of medical device connectivity in small healthcare units may present a cost barrier, as the advanced technology costs more than what small-scale healthcare dispensers can afford. This may further negatively impact the development of this market. 

In the following section of the report, a regional analysis of medical device connectivity market has been presented. On the basis of geography, the report segments the market into Europe, North America, Southeast Asia, Japan, China, and India. The import, export, and supply taking place in all these regions and countries have been evaluated for the period from 2011 to 2016. At the end of the study, the key manufacturers dominant in the market have been profiled. Some of these manufacturers are Philips Healthcare, ViNES, Cerner, Nuvon, Cisco Systems, and EDevice.


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