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

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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 medical device connectivity market is projected to reach USD 4,322.4 million by 2025 from USD 1,377.5 million in 2020, at a CAGR of 25.7%.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 support and maintenance services segment accounted for the largest share of the medical device connectivity services market.On the basis of type, the medical device connectivity services market is segmented into implementation and integration services, support and maintenance services, training services, and consulting services. The support and maintenance services segment accounted for the largest share of the medical device connectivity services market in 2019. Support and maintenance services take care of interoperability and software complexity issues. These services ensure that clients (healthcare providers) obtain access

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