Medical Device Connectivity Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, China, Japan - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 165 SKU: IRTNTR77165

Medical Device Connectivity Market 2024-2028

The global medical device connectivity market size is estimated to grow by USD 5,260.83 million at a CAGR of 24.84% between 2023 and 2028. 

Digital healthcare refers to the use of electronic devices, smartphones, information and communications technology (ICT), and advanced medical devices in the healthcare industry. Such services combine next-generation IT solutions such as analytics, cloud computing, IoT, and virtualization technology. Healthcare service providers are investing in advanced IT solutions to support the implementation of healthcare 4.0 architecture, which provides a holistic IT ecosystem in hospitals and clinics. Furthermore, mobile healthcare systems deliver healthcare through devices equipped with electronic communications technologies. Such devices include patient monitoring devices, mobile phones, and personal digital assistants. Thus, such factors are expected to drive the growth of the global medical device connectivity market during the forecast period.

Technavio has segmented the market into Technology, End-user, and Geography 

  • The technology segment includes wireless technologies, wired technologies, and hybrid technologies
  • The end-user segment includes hospitals, home healthcare, diagnostic and imaging centers, and ASC
  • The geography segment includes key regions such as North America, Europe, Asia, and Rest of World (ROW)

It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.

What will be the size of the Medical Device Connectivity Market During the Forecast Period?

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Medical Device Connectivity Market Segmentation by Technology, End-user, and Geography Analysis

Technology Analysis

Wireless technologies

The market share growth by the wireless technologies segment will be significant during the forecast period. In wireless technologies, Bluetooth is used to connect healthcare devices. As most mobile devices support Bluetooth technology, the implementation of this technology in medical applications reduces energy needs as well as costs. Real-time location systems (RTLS) provide real-time data regarding the actual geolocation of an object or people. By combining Bluetooth and RTLS, it is possible to provide the real-time location of patients and their health conditions.

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The wireless technologies segment was valued at USD 465.88 million in 2018. Market players are leveraging IoT for complete temperature tracking and monitoring solutions for multiple requirements of hospital areas. The use of IoT-enabled devices allows more efficient collection and analysis of data than using manual data collection methods. It also reduces the time and increases the level of accuracy. The integration of IoT in the medical sector will also increase the adoption of IoT in medical device systems, which will enhance the features of these communication systems. Thus, such factors are expected to drive the growth of the wireless technologies segment of the market during the forecast period.

End-user Analysis

Hospitals

Hospitals are considered one of the major end-users where various chronic and neurological surgeries are performed. The growing demand for patient monitoring devices in hospitals is driven by the need for enhanced patient safety, technological advancements, the rising prevalence of chronic diseases, the growing aging population, the need for cost-effectiveness in healthcare, and the demand for remote monitoring solutions. Furthermore, patient monitoring devices play a crucial role in ensuring patient safety by monitoring vital parameters, such as heart rate, blood pressure, oxygen saturation, and respiratory rate, continuously. Consequently, rising demand for patient monitoring equipment from hospitals will boost the growth of the hospital segment of the global medical device connectivity market during the forecast period.

Regional Analysis

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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers in the market growth and forecasting report that will shape the market during the forecast period. As per the Market forecasting, North America is a dominating region in the global medical device connectivity market, with the US and Canada as the leading revenue-generating countries. Growing awareness of the benefits of medical device connectivity, patient monitoring solutions, increasing work pressure across healthcare facilities, growing advances in patient data collection technologies, and the rising prevalence of chronic diseases are propelling the growth of the medical device connectivity market in the region. Thus as per the market forecast, it is expected to continue the growth in the region.

Furthermore, in North America, the majority of the geriatric population suffers from mental and chronic disorders and is unable to visit hospitals frequently. Thus, these patients significantly rely on remote patient monitoring and home monitoring services and solutions. The market in North America is also driven by the adoption of electronic health records (EHRs) and electronic medical record (EMR) apps. The demand for EMRs and EHRs is highest in the US because of favorable government policies and incentives that promote the use of EMRs in healthcare organizations. Hence, such factors are driving the growth of the regional medical device connectivity market during the forecast period.

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Key Medical Device Connectivity Market Players 

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Baxter International Inc.: The company offers medical device connectivity solutions through its subsidiary Hillrom.

  • Bridge Tech Medical Inc.
  • Carl Zeiss AG
  • Cisco Systems Inc.
  • Digi International Inc.
  • Dragerwerk AG and Co. KGaA
  • GE Healthcare Technologies Inc.
  • Iatric Systems Inc.
  • Infosys Ltd.
  • Koninklijke Philips N.V.
  • Lantronix Inc.
  • Masimo Corp.,
  • MediCollector LLC
  • Medtronic Plc
  • Murata Machinery Ltd.
  • Oracle Corp.
  • Silicon and Software Systems Ltd.
  • Spectrum Medical Ltd.
  • TE Connectivity Ltd.
  • Wipro Ltd.

Qualitative and quantitative market research and growth analysis of companies have been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Medical Device Connectivity Market: Key Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key market trends, and challenges. 

Significant Medical Device Connectivity Market Trends

Growing focus on traditional strategies such as mergers and acquisitions is the primary trend shaping market growth. Market players are opting for business strategies such as acquisitions, to improve their distribution channels and upgrade their product portfolios. For example, in January 2021, Koninklijke Philips N.V. announced the acquisition of Capsule Technologies, Inc., a provider of medical device integration and data technologies for hospitals and healthcare organizations.

Moreover, the acquisition of the Capsule Medical Device Information Platform will allow Koninklijke Philips N.V. to enrich patient care management for all care settings in the hospital, as well as remote patient care. Similarly, In July 2022, Medtronic Plc announced a co-promotion agreement with CathWorks, with an option to acquire the company. Thus, such developments are expected to propel the growth of the market during the forecast period.

Major Medical Device Connectivity Market Challenges

Complexities associated with the deployment of medical device connectivity solutions is a challenge that affects market growth. The implementation process of medical device connectivity solutions is complex, as it requires the customization of the system to support safe, quality healthcare to ensure that there is minimal downtime. It is a multi-stage process, and hence, it is important to understand what support and IT infrastructure are required to make it convenient. There is a lack of clarity and knowledge regarding all these requirements, which often leads to improper deployment, resulting in frequent errors and downtime.

Furthermore, to deploy and maintain such a complex system, additional resources, including a dedicated team, are required, which increases labor costs. Data and model issues, workflow changes, financial limitations, and organizational changes are the other obstacles faced during the deployment of medical device connectivity solutions. Hence, the complexity of all the systems and the challenges faced during the integration and deployment of medical device connectivity solutions limit their adoption, thereby impeding the growth of the market during the forecast period.

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Key Medical Device Connectivity Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Medical Device Connectivity Market Customer Landscape

Segment Overview

The medical device connectivity market analysis and report forecasts market growth analysis by revenue at global, regional & country levels and provides an analysis of the latest market growth as well as market trends and analysis opportunities from 2018 to 2028. 

  • Technology Outlook
    • Wireless technologies
    • Wired technologies
    • Hybrid technologies
  • End-user Outlook
    • Hospitals
    • Home healthcare
    • Diagnostic and imaging centers
    • ASC
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia
      • China
      • India
    • Rest of World (ROW)
      • Brazil
      • Argentina
      • Australia

Medical Device Connectivity Market Scope

Report Coverage

Details

Page number

165

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 24.84%

Market Growth 2024-2028

USD 5,260.83 million

Market structure

Fragmented

YoY growth 2023-2024(%)

23.73

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 38%

Key countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Baxter International Inc., Bridge Tech Medical Inc., Carl Zeiss AG, Cisco Systems Inc., Digi International Inc., Dragerwerk AG and Co. KGaA, GE Healthcare Technologies Inc., Iatric Systems Inc., Infosys Ltd., Koninklijke Philips N.V., Lantronix Inc., Masimo Corp., MediCollector LLC, Medtronic Plc, Murata Machinery Ltd., Oracle Corp., Silicon and Software Systems Ltd., Spectrum Medical Ltd., TE Connectivity Ltd., and Wipro Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Medical Device Connectivity Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the medical device connectivity market between 2024 and 2028
  • Precise estimation of the medical device connectivity market size and its contribution to the market in focus on the parent market
  • Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria 
  • Companies landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on companies position and classification
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of medical device connectivity market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global medical device connectivity market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global medical device connectivity market 2018 - 2022 ($ million)
    • 4.2 Technology Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Technology Segment 2018 - 2022 ($ million)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Technology

    • 6.1 Market segments
      • Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)
    • 6.2 Comparison by Technology
      • Exhibit 32: Chart on Comparison by Technology
      • Exhibit 33: Data Table on Comparison by Technology
    • 6.3 Wireless technologies - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Wireless technologies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Wireless technologies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Wireless technologies - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Wireless technologies - Year-over-year growth 2023-2028 (%)
    • 6.4 Wired technologies - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Wired technologies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Wired technologies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Wired technologies - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Wired technologies - Year-over-year growth 2023-2028 (%)
    • 6.5 Hybrid technologies - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Hybrid technologies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Hybrid technologies - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Hybrid technologies - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Hybrid technologies - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Technology
      • Exhibit 46: Market opportunity by Technology ($ million)
      • Exhibit 47: Data Table on Market opportunity by Technology ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Hospitals - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Hospitals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Hospitals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Hospitals - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Hospitals - Year-over-year growth 2023-2028 (%)
    • 7.4 Home healthcare - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Home healthcare - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Home healthcare - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Home healthcare - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Home healthcare - Year-over-year growth 2023-2028 (%)
    • 7.5 Diagnostic and imaging centers - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Diagnostic and imaging centers - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Diagnostic and imaging centers - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Diagnostic and imaging centers - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Diagnostic and imaging centers - Year-over-year growth 2023-2028 (%)
    • 7.6 ASC - Market size and forecast 2023-2028
      • Exhibit 64: Chart on ASC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on ASC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on ASC - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on ASC - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 68: Market opportunity by End-user ($ million)
      • Exhibit 69: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 Asia - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 9.7 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.8 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 UK - Market size and forecast 2023-2028
      • Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ million)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Baxter International Inc.
              • Exhibit 119: Baxter International Inc. - Overview
              • Exhibit 120: Baxter International Inc. - Business segments
              • Exhibit 121: Baxter International Inc. - Key news
              • Exhibit 122: Baxter International Inc. - Key offerings
              • Exhibit 123: Baxter International Inc. - Segment focus
            • 12.4 Cisco Systems Inc.
              • Exhibit 124: Cisco Systems Inc. - Overview
              • Exhibit 125: Cisco Systems Inc. - Business segments
              • Exhibit 126: Cisco Systems Inc. - Key news
              • Exhibit 127: Cisco Systems Inc. - Key offerings
              • Exhibit 128: Cisco Systems Inc. - Segment focus
            • 12.5 Digi International Inc.
              • Exhibit 129: Digi International Inc. - Overview
              • Exhibit 130: Digi International Inc. - Business segments
              • Exhibit 131: Digi International Inc. - Key news
              • Exhibit 132: Digi International Inc. - Key offerings
              • Exhibit 133: Digi International Inc. - Segment focus
            • 12.6 Dragerwerk AG and Co. KGaA
              • Exhibit 134: Dragerwerk AG and Co. KGaA - Overview
              • Exhibit 135: Dragerwerk AG and Co. KGaA - Business segments
              • Exhibit 136: Dragerwerk AG and Co. KGaA - Key offerings
              • Exhibit 137: Dragerwerk AG and Co. KGaA - Segment focus
            • 12.7 GE Healthcare Technologies Inc.
              • Exhibit 138: GE Healthcare Technologies Inc. - Overview
              • Exhibit 139: GE Healthcare Technologies Inc. - Business segments
              • Exhibit 140: GE Healthcare Technologies Inc. - Key offerings
              • Exhibit 141: GE Healthcare Technologies Inc. - Segment focus
            • 12.8 Infosys Ltd.
              • Exhibit 142: Infosys Ltd. - Overview
              • Exhibit 143: Infosys Ltd. - Business segments
              • Exhibit 144: Infosys Ltd. - Key news
              • Exhibit 145: Infosys Ltd. - Key offerings
              • Exhibit 146: Infosys Ltd. - Segment focus
            • 12.9 Koninklijke Philips N.V.
              • Exhibit 147: Koninklijke Philips N.V. - Overview
              • Exhibit 148: Koninklijke Philips N.V. - Business segments
              • Exhibit 149: Koninklijke Philips N.V. - Key news
              • Exhibit 150: Koninklijke Philips N.V. - Key offerings
              • Exhibit 151: Koninklijke Philips N.V. - Segment focus
            • 12.10 Lantronix Inc.
              • Exhibit 152: Lantronix Inc. - Overview
              • Exhibit 153: Lantronix Inc. - Product / Service
              • Exhibit 154: Lantronix Inc. - Key offerings
            • 12.11 Masimo Corp.
              • Exhibit 155: Masimo Corp. - Overview
              • Exhibit 156: Masimo Corp. - Product / Service
              • Exhibit 157: Masimo Corp. - Key offerings
            • 12.12 Medtronic Plc
              • Exhibit 158: Medtronic Plc - Overview
              • Exhibit 159: Medtronic Plc - Business segments
              • Exhibit 160: Medtronic Plc - Key news
              • Exhibit 161: Medtronic Plc - Key offerings
              • Exhibit 162: Medtronic Plc - Segment focus
            • 12.13 Murata Machinery Ltd.
              • Exhibit 163: Murata Machinery Ltd. - Overview
              • Exhibit 164: Murata Machinery Ltd. - Business segments
              • Exhibit 165: Murata Machinery Ltd. - Key offerings
              • Exhibit 166: Murata Machinery Ltd. - Segment focus
            • 12.14 Oracle Corp.
              • Exhibit 167: Oracle Corp. - Overview
              • Exhibit 168: Oracle Corp. - Business segments
              • Exhibit 169: Oracle Corp. - Key news
              • Exhibit 170: Oracle Corp. - Key offerings
              • Exhibit 171: Oracle Corp. - Segment focus
            • 12.15 Spectrum Medical Ltd.
              • Exhibit 172: Spectrum Medical Ltd. - Overview
              • Exhibit 173: Spectrum Medical Ltd. - Product / Service
              • Exhibit 174: Spectrum Medical Ltd. - Key offerings
            • 12.16 TE Connectivity Ltd.
              • Exhibit 175: TE Connectivity Ltd. - Overview
              • Exhibit 176: TE Connectivity Ltd. - Business segments
              • Exhibit 177: TE Connectivity Ltd. - Key offerings
              • Exhibit 178: TE Connectivity Ltd. - Segment focus
            • 12.17 Wipro Ltd.
              • Exhibit 179: Wipro Ltd. - Overview
              • Exhibit 180: Wipro Ltd. - Business segments
              • Exhibit 181: Wipro Ltd. - Key news
              • Exhibit 182: Wipro Ltd. - Key offerings
              • Exhibit 183: Wipro Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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