Connected Medical Device Market Share

Statistics for the 2023 & 2024 Connected Medical Device market share, created by Mordor Intelligence™ Industry Reports. Connected Medical Device share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Connected Medical Device Industry

The Connected Medical Device Market mainly comprises multiple domestic and international players in a fragmented and highly competitive environment. Technological enhancements in the market also bring companies a wide range of sustainable competitive advantages. The market is also witnessing multiple partnerships, mergers, and other strategic moves by the service providers.

October 2022 - Royal Philips announced the expanded introduction of its augmented reality (AR) surgical navigation solution, ClarifEye, in Japan. It is based on the positive results in the initial patients treated at the IUHW (International University of Health and Welfare), Mita Hospital (in Tokyo, Japan) leveraging the innovative 3D AR solution. ClarifEye assisted the hospital's orthopedic surgeon, Dr. Ken Ishii, in successfully treating patients with scoliosis (sideways curvature of the spine) and spinal stenosis (narrowing of the spaces in the spine) through minimally-invasive image-guided procedures.

June 2022 - GE Healthcare unveiled Portrait Mobile3, a wireless patient monitoring system that enabled continuous monitoring throughout a patient's stay, omitting broadly popular manual 'spot-checks' to monitor patient vitals. The system helped clinicians detect patient deterioration. The early detection of patient deterioration might help reduce Intensive Care Unit (ICU) admissions and length of stay, improving patient outcomes. The solution included patient-worn wireless sensors which communicated with a mobile monitor.

Connected Medical Devices Market Leaders

  1. https://www.gehealthcare.com/

  2. https://www.honeywell.com/us/en

  3. https://www.medtronic.com/us-en/index.html

  4. https://www.abbott.com/

  5. https://www.philips.com/global

*Disclaimer: Major Players sorted in no particular order

Connected Medical Devices Market Concentration

Connected Medical Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)