Global IoT Medical Devices Market Analysis, 2020

Global IoT Medical Devices Market Analysis, 2020

Global IoT Medical Devices Market Analysis, 2020, By Product (Imaging systems, Blood Glucose Monitors, Vital Signs Monitoring Devices, ECG/Heart Rate Monitoring Devices, Blood Pressure monitors, Multi Read more

  • Healthcare
  • Jan 2020
  • 242
  • HC10205

With the increasing penetration of high-speed network, intensifying patient preferences for self-health monitoring, and adoption of smart wearables in healthcare services are leading to a growing demand for IoT medical devices. Moreover, with the increasing governments regulations for e-health and electronic health record (EHR) and magnifying deployment of connected devices are the major factors of increasing the demand for IoT medical devices during 2020-25.

Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion

Some countries are promoting digital health monitoring with the increasing prolonged diseases such as diabetes, cancer, cardiovascular diseases and arthritis, and rising preference of individuals for remote monitoring through real-time analysis. Moreover, the growing need for cost containment in healthcare delivery is promoting in the growth of IoT medical devices.

According to the MarkNtel Advisors’ research report titled “Global IoT Medical Devices Market Analysis, 2020”, the CAGR of IoT Medical Devices market is expected to be around 25% during 2020-25. On the basis of connectivity, the Bluetooth segment is expected to grow at the fastest pace owing to the OEMs taking measures for developing Bluetooth-enabled medical devices. Bluetooth enablement in medical devices cuts down the cost of deployment and low power consumption that acts as an advantage in the medical industry.

Segmentation Analysis

North America is considered to be the leading region in the growth of IoT medical devices followed by Europe owing to the growing disposable income and adoption of technology and preference of remote monitoring of health of patients.

On the basis on end users, long-term care centers, assisted living facilities, and nursing homes segment is growing at a significant rate due to the prolong treatment for the severe diseases, high cost of hospitals beds and growing number of assisted living homes. This segment is anticipated to register a considerable growth in future years.

Bluetooth segment acquired the highest market share in 2019 as the deployment cost and power consumption is low in comparison to Wi-Fi.

According to the MarkNtel Advisors, the leading players are Medtronic, GE Healthcare, Siemens, Biotelemetry, Philips Healthcare, Johnson and Johnson, Omron, Agamatrix, Stanley Healthcare and Ihealth Lab among others.

“Global IoT Medical Devices Market Analysis, 2020”, provides comprehensive qualitative and quantitative insights on the industry potential, key factors such as trends, drivers, hotspots and growth opportunities and challenges available for automotive ventilation seats providers across the globe. Moreover, the report also encompasses the key leading players in the industry, along with competitive benchmarking and competition matrix and company profiling. 

Key Questions Answered in the Market Research Report

  1. What are the key market statistics (Market Overview, Market Size, Forecast, CAGR, Market Segmentation, Market Shares) of Global IoT Medical Devices Market?
  2. What are the key market or technology trends in Global IoT Medical Devices Market?
  3. What are the significant innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global IoT Medical Devices Market?  
  4. Who are the key competitors or market players and how they perform in global competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of Global IoT Medical Devices Market study?   

Market Outlook, Segmentation and Statistics 

  • Market Size & Forecast
    • By Revenues (USD Billion)
    • By Volume (Units Sold) 
  • Market Share & Forecast
    • By Product
      • Imaging systems
      • Blood Glucose Monitors
      • Vital Signs Monitoring Devices
      • ECG/Heart Rate Monitoring Devices
      • Blood Pressure monitors
      • Multipara meter monitors
      • Implantable Cardiac Devices
      • Oximeters
      • Implantable Cardioverter Defibrillators
      • Pacemakers
      • Patient Monitors
      • Respiratory Devices
      • Infusion Pumps
      • Anesthesia Machines
      • Neurological Devices
      • Hearing Devices
      • Fetal Monitoring Devices
      • Ventilators
      • Other Products
    • By Connectivity Type
      • Wi-Fi
      • Bluetooth
      • ZigBee
      • Other Connectivity Devices
    • By End User
      • Hospitals and Clinics
      • Nursing Homes, Assisted Living Facilities, Long term Care centers, Home care Settings
      • Other End Users
    • By Type
      • Stationary Medical Devices
      • Implantable Medical Devices
      • Wearable Medical Devices
      • Other IoT Medical Devices
    • By Region
      • North America
        • United State
        • Canada
      • Latin America
        • Brazil
        • Mexico
      • Europe
        • Italy 
        • United Kingdom
        • France
        • Spain
        • Germany
      • Middle East & Africa
        • Saudi Arabia
        • UAE
      • Asia-Pacific
        • China
        • India
        • Japan
        • ASEAN
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in MarkNtel Quadrant
  • North America IoT Medical Devices Market Analysis, 2015-2025F (USD Billion)
  • Latin America IoT Medical Devices Market Analysis, 2015-2025F (USD Billion) 
  • Europe IoT Medical Devices Market Analysis, 2015-2025F (USD Billion)
  • Middle East and Africa IoT Medical Devices Market Analysis, 2015-2025F (USD Billion)
  • Asia-Pacific IoT Medical Devices Market Analysis, 2015-2025F (USD Billion)
  • Global IoT Medical Devices Market Policies, Regulations, Product Standards
  • Global IoT Medical Devices Market Hotspot & Opportunities
  • Global IoT Medical Devices Market Key Strategic Imperatives for Success & Growth
  • Global Competition Outlook
    • Competition Matrix
    • Company Profile

Frequently Asked Questions 

Q. What is the historical year, base year and forecast year considered in the research report on Global IoT Medical Devices Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million, while the market volume is measured in terms of units sold.

Q. What would be the CAGR of the Global IoT Medical Devices Market during 2020 to 2025?
A. The market size of Global IoT Medical Devices Market would register a CAGR of 25% during 2020-25.

Q. Which of the regions would be a bright spot for Global IoT Medical Devices Market during 2020-2025?
A. North America is considered to be the leading region in the growth of IoT medical devices followed by Europe owing to the growing disposable income and adoption of technology and preference of remote monitoring of health of patients.

Q. Who are the key players or major competitors in Global IoT Medical Devices Market?
A. Medtronic, GE Healthcare, Siemens, Biotelemetry, Philips Healthcare, Johnson and Johnson, Omron, Agamatrix, Stanley Healthcare and Ihealth Lab etc. are few of the leading players with majority market share in Global IoT Medical Devices Market.

Q. Which end-user segment would emerge as an opportunity area for players in Global IoT Medical Devices Market?
A. On the basis on end users, long term care centers, assisted living facilities and nursing homes segment is growing at a significant rate due to the elongated treatment for the severe diseases, high cost of hospitals beds and growing number of assisted living homes. This segment is anticipated to register a considerable growth in future years.

Q. Which Connectivity Type segment would emerge as an opportunity area for players in Global IoT Medical Devices Market?
A. Bluetooth segment grabbed the highest market share in 2019 as the deployment cost and power consumption is low as compared of Bluetooth is comparatively low as compared to Wi-Fi.

Q. Does the report scope cover product wise market statistics also?
A.  Yes, the scope of the report encompasses detailed product wise statistics such as market size, market segmentation based on various subcategories.

1.     Introduction

1.1. Product Definition

1.2. Research Process

1.3. Assumptions

1.4. Market Segmentation

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Global IoT Medical Devices Market Analysis, 2015-2025F

4.1.   Market Size & Analysis

4.1.1. Market Revenue

4.2.   Market Share & Analysis

4.2.1. By Product

4.2.1.1. Imaging systems

4.2.1.2. Blood Glucose Monitors

4.2.1.3. Vital Signs Monitoring Devices

4.2.1.4. ECG/Heart Rate Monitoring Devices

4.2.1.5. Blood Pressure monitors

4.2.1.6. Multipara meter monitors

4.2.1.7. Implantable Cardiac Devices

4.2.1.8. Oximeters

4.2.1.9. Implantable Cardioverter Defibrillators

4.2.1.10. Pacemakers

4.2.1.11. Patient Monitors

4.2.1.12. Respiratory Devices

4.2.1.13. Infusion Pumps

4.2.1.14. Anesthesia Machines

4.2.1.15. Neurological Devices

4.2.1.16. Hearing Devices

4.2.1.17. Fetal Monitoring Devices

4.2.1.18. Ventilators

4.2.1.19. Other Products

4.2.2. By Connectivity Type

4.2.2.1. Wi-Fi

4.2.2.2. Bluetooth

4.2.2.3. ZigBee

4.2.2.4. Other Connectivity Devices

4.2.3. By End User

4.2.3.1. Hospitals and Clinics

4.2.3.2. Nursing Homes, Assisted Living Facilities, Long term Care centers, Home care Settings

4.2.3.3. Other End Users

4.2.4. By Type

4.2.4.1. Stationary Medical Devices

4.2.4.2. Implantable Medical Devices

4.2.4.3. Wearable Medical Devices

4.2.4.4. Other IoT Medical Devices

4.2.5. By Region

4.2.5.1. North America

4.2.5.2. Latin America

4.2.5.3. Europe

4.2.5.4. Middle East and Africa

4.2.5.5. Asia-Pacific

4.2.6. By Company

4.2.6.1. Revenue Shares

4.2.6.2. Strategic Factorial Indexing

4.2.6.3. Competitor Placement in MarkNtel Quadrant

5.     North America IoT Medical Devices Market Analysis, 2015-2025F

5.1.   Market Size & Analysis

5.1.1. Market Revenue

5.2.   Market Share & Analysis

5.2.1. By Product

5.2.2. By Connectivity Type

5.2.3. By End User

5.2.4. By Type

5.2.5. By Country

5.2.5.1. United States

5.2.5.2. Canada

5.3.   United States IoT Medical Devices Market Analysis, 2015-2025F

5.3.1. Market Size & Analysis

5.3.1.1. Market Revenue

5.3.2. Market Share & Analysis

5.3.2.1. By Product

5.3.2.2. By Connectivity Type

5.3.2.3. By End User

5.3.2.4. By Type

5.4.   Canada IoT Medical Devices Market Analysis, 2015-2025F

5.4.1. Market Size & Analysis

5.4.1.1. Market Revenue

5.4.2. Market Share & Analysis

5.4.2.1. By Product

5.4.2.2. By Connectivity Type

5.4.2.3. By End User

5.4.2.4. By Type

6.     Latin America IoT Medical Devices Market Analysis, 2015-2025F

6.1.   Market Size & Analysis

6.1.1. Market Revenue

6.2.   Market Share & Analysis

6.2.1. By Product

6.2.2. By Connectivity Type

6.2.3. By End User

6.2.4. By Type

6.2.5. By Country

6.2.5.1.   Brazil

6.2.5.2.   Mexico

6.3.   Brazil IoT Medical Devices Market Analysis, 2015-2025F

6.3.1. Market Size & Analysis

6.3.1.1. Market Revenue

6.3.2. Market Share & Analysis

6.3.2.1.   By Product

6.3.2.2.   By Connectivity Type

6.3.2.3.   By End User

6.3.2.4.   By Type

6.4.   Mexico IoT Medical Devices Market Analysis, 2015-2025F

6.4.1. Market Size & Analysis

6.4.1.1.   Market Revenue

6.4.2. Market Share & Analysis

6.4.2.1. By Product

6.4.2.2. By Connectivity Type

6.4.2.3. By End User

6.4.2.4. By Type

7.     Europe IoT Medical Devices Market Analysis, 2015-2025F

7.1.   Market Size & Analysis

7.1.1. Market Revenue

7.2.   Market Share & Analysis

7.2.1. By Product

7.2.2. By Connectivity Type

7.2.3. By End User

7.2.4. By Type

7.2.5. By Country

7.2.5.1. France

7.2.5.2. Germany

7.2.5.3. Italy

7.2.5.4. United Kingdom

7.2.5.5. Belgium

7.3.   France IoT Medical Devices Market Analysis, 2015-2025F

7.3.1. Market Size & Analysis

7.3.1.1. Market Revenue

7.3.2. Market Share & Analysis

7.3.2.1. By Product

7.3.2.2. By Connectivity Type

7.3.2.3. By End User

7.3.2.4. By Type

7.4.   Germany IoT Medical Devices Market Analysis, 2015-2025F

7.4.1. Market Size & Analysis

7.4.1.1.         Market Revenue

7.4.2. Market Share & Analysis

7.4.2.1. By Product

7.4.2.2. By Connectivity Type

7.4.2.3. By End User

7.4.2.4. By Type

7.5.   Italy IoT Medical Devices Market Analysis, 2015-2025F

7.5.1. Market Size & Analysis

7.5.1.1. Market Revenue

7.5.2. Market Share & Analysis

7.5.2.1. By Product

7.5.2.2. By Connectivity Type

7.5.2.3. By End User

7.5.2.4. By Type

7.6.   United Kingdom IoT Medical Devices Market Analysis, 2015-2025F

7.6.1. Market Size & Analysis

7.6.1.1. Market Revenue

7.6.2. Market Share & Analysis

7.6.2.1. By Product

7.6.2.2. By Connectivity Type

7.6.2.3. By End User

7.6.2.4. By Type

7.7.   Belgium IoT Medical Devices Market Analysis, 2015-2025F

7.7.1. Market Size & Analysis

7.7.1.1. Market Revenue

7.7.2. Market Share & Analysis

7.7.2.1. By Product

7.7.2.2. By Connectivity Type

7.7.2.3. By End User

7.7.2.4. By Type

8.     Middle East and Africa IoT Medical Devices Market Analysis, 2015-2025F

8.1.   Market Size & Analysis

8.1.1. Market Revenue

8.2.   Market Share & Analysis

8.2.1. By Product

8.2.2. By Connectivity Type

8.2.3. By End User

8.2.4. By Type

8.2.5. By Country

8.2.5.1. UAE

8.2.5.2. Saudi Arabia

8.3.   UAE IoT Medical Devices Market Analysis, 2015-2025F

8.3.1. Market Size & Analysis

8.3.1.1. Market Revenue

8.3.2. Market Share & Analysis

8.3.2.1. By Product

8.3.2.2. By Connectivity Type

8.3.2.3. By End User

8.3.2.4. By Type

8.4.   Saudi Arabia IoT Medical Devices Market Analysis, 2015-2025F

8.4.1. Market Size & Analysis

8.4.1.1. Market Revenue

8.4.2. Market Share & Analysis

8.4.2.1. By Product

8.4.2.2. By Connectivity Type

8.4.2.3. By End User

8.4.2.4. By Type

9.     Asia-Pacific IoT Medical Devices Market Analysis, 2015-2025F

9.1.   Market Size & Analysis

9.1.1. Market Revenue

9.2.   Market Share & Analysis

9.2.1. By Product

9.2.2. By Connectivity Type

9.2.3. By End User

9.2.4. By Type

9.2.5. By Country

9.2.5.1.   China

9.2.5.2.   India

9.2.5.3.   Japan

9.2.5.4.   ASEAN

9.3.   China IoT Medical Devices Market Analysis, 2015-2025F

9.3.1. Market Size & Analysis

9.3.1.1. Market Revenue

9.3.2. Market Share & Analysis

9.3.2.1.  By Product

9.3.2.2.  By Connectivity Type

9.3.2.3.  By End User

9.3.2.4.   By Type

9.4.   India IoT Medical Devices Market Analysis, 2015-2025F

9.4.1. Market Size & Analysis

9.4.1.1.  Market Revenue

9.4.2. Market Share & Analysis

9.4.2.1. By Product

9.4.2.2. By Connectivity Type

9.4.2.3. By End User

9.4.2.4. By Type

9.5.   Japan IoT Medical Devices Market Analysis, 2015-2025F

9.5.1. Market Size & Analysis

9.5.1.1.  Market Revenue

9.5.2. Market Share & Analysis

9.5.2.1.  By Product

9.5.2.2.  By Connectivity Type

9.5.2.3.  By End User

9.5.2.4.  By Type

9.6.   ASEAN IoT Medical Devices Market Analysis, 2015-2025F

9.6.1. Market Size & Analysis

9.6.1.1.  Market Revenue

9.6.2. Market Share & Analysis

9.6.2.1.  By Product

9.6.2.2.  By Connectivity Type

9.6.2.3.  By End User

9.6.2.4.  By Type

10.  Global IoT Medical Devices Market Policies, Regulations, Product Standards

11.  Global IoT Medical Devices Market Trends & Insights

12.  Global IoT Medical Devices Market Dynamics

12.1.Growth Drivers

12.2.Challenges

12.3.Impact Analysis

13.  Global IoT Medical Devices Market Hotspot & Opportunities

14.  Global IoT Medical Devices Market Key Strategic Imperatives for Success & Growth

15.  Global Competition Outlook

15.1.  Competition Matrix

15.1.1. Product Portfolio

15.1.2. Brand Specialization

15.1.3. Target Markets

15.1.4. Target End Users

15.1.5. Research & Development

15.1.6. Strategic Alliances

15.1.7. Strategic Initiatives

15.2.  Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)

15.2.1.   Medtronic

15.2.2.   GE Healthcare

15.2.3.   Siemens

15.2.4.   Biotelemetry

15.2.5.   Philips Healthcare

15.2.6.   Johnson and Johnson

15.2.7.   Omron

15.2.8.   Agamatrix

15.2.9.   Stanley Healthcare

15.2.10.  Ihealth Lab

16.  Disclaimer

Global IoT Medical Devices Market Segmentation