Smart Medical Devices Market Research Report – Forecast to 2027

Smart Medical Devices Market Research Report: By Type (On-body (adhesive patch), Off-body (belt clip), Hand-held), By Technology (Spring-based, Motor-driven, Rotary Pump, Expanding Battery, Pressurized Gas, Others), By Application (Oncology, Diabetes, Auto-Immune Disorders, Infectious Diseases, Others) and By End-Use (Hospital, Clinic, Home Care Settings, Others) – Forecast to 2027

ID: MRFR/MED/5031-HCR | February, 2021 | Region : Global

Smart Medical Devices Market Forecast


Smart Medical Devices market Appraise To Reach USD 23.50 Billion by 2027 End, At a CAGR of 23.5%.

The advent of advanced technology is aiding pharmaceutical and biotechnological companies in developing safer routes for administration of biologics and other drugs that are delivered through intravenous infusion. As per the report published by Market Research Future (MRFR), introduction of technologically advanced Smart Medical Devices is resulting in the significant growth of the Smart Medical Devices Market in the forthcoming years. The conversion of commercialized patient-centric biologics from intravenous infusion to subcutaneous injection has opened multiple growth opportunities for the Smart Medical Devices Market. Owing to the high emphasis on self-administration of biologics and inclination towards adoption of single-use Smart Medical Devices, the Smart Medical Devices Market is projecting high growth potential during the assessment period.

Prevalence of lifestyle-associated disorders and diseases that demand round-the-clock monitoring of physiological parameters are inducing high demand for easy-to-use Smart Medical Devices. Furthermore, the integration of advanced Bluetooth technology with Smart Medical Devices is aiding the physicians and medical practitioners with real-time access to the device in order to minimize errors. The optional smart functionality and less time utilization by Smart Medical Devices are some other benefits that are leading to the quick acceptance of Smart Medical Devices, which in turn is propelling the expansion of the Smart Medical Devices Market.


Smart Medical Devices Market Report Overview


This MRFR market study delivers an unbiased analysis of key trends in the Smart Medical Devices Market. It also includes a discussion on the current status of market, historical trends, growth opportunities and challenges backed by factual feedbacks. The primary types of Smart Medical Devices that have been assessed in the report include on-body, off-body and hand-held Smart Medical Devices. The technologies covered in the report are spring-based, motor-driven, rotary pump, expanding battery and others. For opportunity analysis, major application areas that are covered in the report are oncology, diabetes, auto-immune disorders, cardiovascular diseases and others. All the sub-market covered in the report are profiled under four major region- North America, Europe, Asia Pacific and the rest of the world, with respective country-level analysis.


Report Coverage


The report on the Smart Medical Devices Market covers market dynamics, historical market trends, key player's market share analysis, market value by segmentation as well as region, country-level break down for each market segment, key players' market share analysis, competitive landscape and supply chain analysis.


Companies Covered


Some of the prominent players operating in the Smart Medical Devices Market are Becton Dickinson and Company, Johnson & Johnson Services, Inc., F. Hoffmann-La Roche Ltd., Amgen, Inc., Unilife Corporation, Debiotech S.A., SteadyMed Therapeutics, Inc., Insulet Corporation, Enable Injections, Sensile Medical AG, West Pharmaceutical Services, Inc., and CeQur SA.


Research Methodology


Market Research Future (MRFR) employs a multi-layered and proven research methodology to ensure the deliverance of comprehensive market insights by critically observing and extrapolating the current and historical market trends. The combination of primary and secondary research processes ensures the authenticity and reliability of market insights. First-hand interviews and surveys are conducted for primary data collection. Secondary research process is utilized to verify the primary data through inputs from white paper references, paid database, research publications, SEC filings and other sources available in public domain. Utilization of strong data triangulation method and top-down and bottom-up approaches ensures the rich quality and objectivity of the market foresight.


Smart Medical Devices Market Segmental Analysis


For the scope of research, MRFR's report offers a detailed segmental analysis of the Smart Medical Devices Market


By Type

  • On-body (adhesive patch)

  • Off-body (belt clip)

  • Hand-held


By Technology

  • Spring-based

  • Motor-driven

  • Rotary Pump

  • Expanding Battery

  • Pressurized Gas

  • Collapsible Reservoir

  • Others


By Application

  • Oncology

  • Diabetes

  • Auto-Immune Disorders

  • Cardiovascular Diseases

  • Infectious Diseases

  • Others


By End-Use

  • Hospital

  • Clinic

  • Home Care Settings

  • Ambulatory Surgery Centers

  • Others


By Region

  • North America

  • Europe

  • Asia Pacific

  • Rest of the world

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Trends

4.5 Macroeconomic Indicators

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

Chapter 6. Global Smart Medical Devices Market, by Product Type

6.1 Introduction

6.2 Diagnostic and Monitoring Devices

6.2.1 Blood Glucose Monitor

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.2.2 Heart Rate Monitor

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.2.3 Pulse Oximeter

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.2.4 Blood Pressure Monitor

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.2.5 Breath Analyzers

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.2.6 Others

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.3 Therapeutic Devices

6.3.1 Portable Oxygen Concentrator and Ventilator

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.3.2 Insulin Pump

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.3.3 Hearing Aid

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.3.4 Other

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

6.4 Others

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

Chapter 7. Global Smart Medical Devices Market, by Modality

7.1 Introduction

7.2 Wearable

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

7.3 Portable

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

Chapter 8. Global Smart Medical Devices Market, by End User

8.1 Introduction

8.2 Hospital and Clinics

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

8.3 Ambulatory Surgical Centers

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

8.4 Home Care

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

8.5 Others

Market Estimates & Forecast, by Region, 2019–2027

Market Estimates & Forecast, by Country, 2019–2027

Chapter 9. Global Smart Medical Devices Market, by Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 South Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 Middle East

9.5.2 Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

Chapter 11. Company Profiles

11.1 MEDTRONIC

11.1.1 Company Overview

11.1.2 Product Type Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 Koninklijke Philips N.V.

11.2.1 Company Overview

11.2.2 Product Type Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 ABBOTT

11.3.1 Company Overview

11.3.2 Product Type Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Boston Scientific Corporation

11.4.1 Company Overview

11.4.2 Product Type Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 Natus Medical Incorporated

11.5.1 Company Overview

11.5.2 Product Type Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 Siemens Healthcare Private Limited

11.6.1 Company Overview

11.6.2 Product Type Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 Spacelabs Healthcare

11.7.1 Overview

11.7.2 Product Type Overview

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 Masimo

11.8.1 Overview

11.8.2 Product Type Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.9 Mindray DS USA, Inc.

11.9.1 Overview

11.9.2 Product Type Overview

11.9.3 Financials

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.10 F. Hoffmann-La Roche Ltd

11.10.1 Overview

11.10.2 Product Type Overview

11.10.3 Financials

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.11 Welch Allyn

11.11.1 Overview

11.11.2 Product Type Overview

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 SWOT Analysis

11.12 Omron Healthcare, Inc.

11.12.1 Overview

11.12.2 Product Type Overview

11.12.3 Financials

11.12.4 Key Developments

11.12.5 SWOT Analysis

11.13 Smiths Medical

11.13.1 Overview

11.13.2 Product Type Overview

11.13.3 Financials

11.13.4 Key Developments

11.13.5 SWOT Analysis

11.14 Dexcom, Inc.

11.14.1 Overview

11.14.2 Product Type Overview

11.14.3 Financial Overview

11.14.4 Key Developments

11.14.5 SWOT Analysis

11.15 CASMED

11.15.1 Overview

11.15.2 Product Type Overview

11.15.3 Financials

11.15.4 Key Developments

11.15.5 SWOT Analysis

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s View point

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Predictions for the Smart Medical Devices Industry

Chapter 13. Appendix

LIST OF TABLES

Table 1 Global Smart Medical Devices Market Synopsis, 2019–2027

Table 2 Global Smart Medical Devices Market Estimates and Forecast, 2019–2027 (USD Million)

Table 3 Global Smart Medical Devices Market, by Region, 2019–2027 (USD Million)

Table 4 Global Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 5 Global Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 6 Global Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 7 North America: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 8 North America: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 9 North America: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 10 US: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 11 US: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 12 US: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 13 Canada: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 14 Canada: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 15 Canada: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 16 South America: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 17 South America: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 18 South America: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 19 Europe: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 20 Europe: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 21 Europe: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 22 Western Europe: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 23 Western Europe: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 24 Western Europe: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 25 Eastern Europe: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 26 Eastern Europe: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 27 Eastern Europe: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 28 Asia-Pacific: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 29 Asia-Pacific: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 30 Asia-Pacific: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

Table 31 Middle East & Africa: Smart Medical Devices Market, by Product Type, 2019–2027 (USD Million)

Table 32 Middle East & Africa: Smart Medical Devices Market, by Modality, 2019–2027 (USD Million)

Table 33 Middle East & Africa: Smart Medical Devices Market, by End User, 2019–2027 (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Market Structure for Global Smart Medical Devices Market

Figure 3 Market Dynamics for Global Smart Medical Devices Market

Figure 4 Global Smart Medical Devices Market Share, by Product Type, 2019

Figure 5 Global Smart Medical Devices Market Share, by Modality, 2019

Figure 6 Global Smart Medical Devices Market Share, by End User, 2019

Figure 7 Global Smart Medical Devices Market Share, by Region, 2019

Figure 8 North America: Smart Medical Devices Market Share, by Country, 2019

Figure 9 Europe: Smart Medical Devices Market Share, by Country, 2019

Figure 10 Asia-Pacific: Smart Medical Devices Market Share, by Country, 2019

Figure 11 Middle East & Africa: Smart Medical Devices Market Share, by Country, 2019

Figure 12 Global Smart Medical Devices Market: Company Share Analysis, 2019 (%)

Figure 13 MEDTRONIC: Key Financials

Figure 14 MEDTRONIC: Segmental Revenue

Figure 15 MEDTRONIC: Geographical Revenue

Figure 16 Koninklijke Philips N.V.: Key Financials

Figure 17 Koninklijke Philips N.V.: Segmental Revenue

Figure 18 Koninklijke Philips N.V.: Geographical Revenue

Figure 19 ABBOTT: Key Financials

Figure 20 ABBOTT: Segmental Revenue

Figure 21 ABBOTT: Geographical Revenue

Figure 22 Boston Scientific Corporation: Key Financials

Figure 23 Boston Scientific Corporation: Segmental Revenue

Figure 24 Boston Scientific Corporation: Geographical Revenue

Figure 25 Natus Medical Incorporated: Key Financials

Figure 26 Natus Medical Incorporated: Segmental Revenue

Figure 27 Natus Medical Incorporated: Geographical Revenue

Figure 28 Siemens Healthcare Private Limited: Key Financials

Figure 29 Siemens Healthcare Private Limited: Segmental Revenue

Figure 30 Siemens Healthcare Private Limited: Geographical Revenue

Figure 31 Spacelabs Healthcare: Key Financials

Figure 32 Spacelabs Healthcare: Segmental Revenue

Figure 33 Spacelabs Healthcare: Geographical Revenue

Figure 34 Masimo: Key Financials

Figure 35 Masimo: Segmental Revenue

Figure 36 Masimo: Geographical Revenue

Figure 37 Mindray DS USA, Inc.: Key Financials

Figure 38 Mindray DS USA, Inc.: Segmental Revenue

Figure 39 Mindray DS USA, Inc.: Geographical Revenue

Figure 40 F. Hoffmann-La Roche Ltd: Key Financials

Figure 41 F. Hoffmann-La Roche Ltd: Segmental Revenue

Figure 42 F. Hoffmann-La Roche Ltd: Geographical Revenue

Figure 43 Welch Allyn: Key Financials

Figure 44 Welch Allyn: Segmental Revenue

Figure 45 Welch Allyn: Geographical Revenue

Figure 46 Omron Healthcare, Inc.: Key Financials

Figure 47 Omron Healthcare, Inc.: Segmental Revenue

Figure 48 Omron Healthcare, Inc.: Geographical Revenue

Figure 49 Smiths Medical: Key Financials

Figure 50 Smiths Medical: Segmental Revenue

Figure 51 Smiths Medical: Geographical Revenue

Figure 52 Dexcom, Inc.: Key Financials

Figure 53 Dexcom, Inc.: Segmental Revenue

Figure 54 Dexcom, Inc.: Geographical Revenue

Figure 55 CASMED: Key Financials

Figure 56 CASMED: Segmental Revenue

Figure 57 CASMED: Geographical Revenue

Smart Medical Devices Market