Medical Device Connectivity Market Segmentation:
End user Segment Analysis
Hospitals subsegment leads the market and is expected to have a share of 41.9% by 2034. The hospitals segment is driven by infrastructure integration of health records and remote monitoring systems. As per the HealthIT report, over 96.4% of non-federal acute care hospitals have adopted certified EHR technology in 2023, with a rise in mandates for real-time device data integration in the U.S. Hospital-based integration is also encouraged by the ONC's Interoperability Standards Advisory (ISA), which requires better data transmission across devices and health IT systems.
Component Segment Analysis
Medical device integration software dominates the market and is likely to account for a market share of 37.6% in 2034. Software integration platforms are essential to facilitate efficiency in communication among disparate devices and EHRs. The growth is driven by the increasing complexity of care delivery and requirement for real-time analytics. According to AHRQ, the integration of device data with EHRs has proven to reduce inpatient errors and simplify clinical workflows. Further, the U.S. NIH-supported initiatives, such as the Digital Health Software Precertification Program, have also invested in facilitating safe, scalable device-to-software integration across acute and post-acute environments.
Our in-depth analysis of the global market includes the following segments:
|
Segment |
Subsegment |
|
Component |
|
|
Technology Wireless Technologies |
|
|
End user |
|