The Market Reports

Synopsis

The global market for Medical Device Connectivity was estimated to be worth US$ 2962 million in 2024 and is forecast to a readjusted size of US$ 11777 million by 2031 with a CAGR of 22.1% during the forecast period 2025-2031.

Medical device connectivity refers to the integration of medical equipment with information systems, enabling the automatic collection, exchange, and management of patient data in real time. By linking devices such as patient monitors, infusion pumps, imaging systems, and electronic health record (EHR) platforms, it improves workflow efficiency, reduces manual data entry errors, and enhances clinical decision-making.

Medical Device Connectivity is becoming a cornerstone of healthcare digital transformation. By enabling real-time data acquisition, sharing, and analysis, connectivity improves clinical workflow efficiency, reduces manual input errors, and enhances patient safety.

Key application areas include operating rooms, intensive care units (ICUs), imaging departments, and home healthcare. In ICUs, interconnected monitoring systems, infusion pumps, and ventilators can automatically aggregate patient data, generate alerts, and support early intervention. In imaging, cloud-based connectivity facilitates remote diagnostics and multi-site consultations, improving access to specialized expertise.

Technological trends are driving rapid market growth. The adoption of 5G, IoT, and edge computing enables ultra-low latency communication, supporting time-sensitive applications such as remote surgery guidance and emergency response. AI-powered analytics and predictive maintenance further enhance device utilization and clinical decision-making. However, data security and compliance remain critical challenges, prompting the use of encryption, role-based access control, and blockchain technologies to safeguard sensitive medical information.

Regionally, North America and Europe lead the market due to high digitalization rates and well-established regulatory frameworks, while Asia-Pacific is experiencing the fastest growth, driven by healthcare infrastructure expansion and policy support in countries such as China and India. With the ongoing shift toward smart hospitals and remote healthcare, the medical device connectivity market is poised to maintain double-digit CAGR in the coming years, playing a vital role in building an integrated, intelligent healthcare ecosystem.

This report aims to provide a comprehensive presentation of the global market for Medical Device Connectivity, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Medical Device Connectivity by region & country, by Type, and by Application.

The Medical Device Connectivity market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Device Connectivity.

Market Segmentation

By Company

• Cisco Systems
• Qualcomm
• Philips Healthcare
• Infosys
• TE
• GE Healthcare
• Digi International
• Capsule Technologies
• S3 Group
• eDevice
• Oracle Health
• Masimo Corporation
• Lantronix

Segment by Type

• Wireless
• Wired

Segment by Application

• Hospital
• Clinics
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.