Medical Device Connectivity Market by Product, Technology and End-user – Global Forecast to 2025

Dublin, May 06, 2020 (GLOBE NEWSWIRE) — The “Medical Device Connectivity Market by Product (Integration Solutions, Interface Devices, Telemetry, Hubs, Services), Technology (Wired, Wireless, Hybrid), End User (Hospitals, Home Healthcare, Diagnostic Centers, Ambulatory Care) – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.The market for medical device connectivity is primarily driven by the rising prevalence of coronavirus disease, increasing penetration of EHRs and health information exchange systems in healthcare organizations, and growing focus on care quality and patient safety. However, the high cost of installation for small healthcare organizations will restrain market growth.The APAC market is estimated to register the highest CAGR during the forecast period. Favorable government initiatives for implementing IT in the healthcare industry, growing medical tourism, rising need for advanced telehealth and eHealth solutions to monitor the huge volume of patients with COVID-19 infection, and the rising demand for quality healthcare at low costs are driving the growth of this market.
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