The Global Medical Device Connectivity Market size was estimated to be US$ 1.2 billion in 2019 and is expected to grow at a CAGR od 22% through 2030. Rising demand for EMRs to get access to the current patient information is driving the medical device connectivity market. The implementation of such solutions speeds up treatment procedures while improving the outcomes. Remote monitoring is a major trend in the healthcare sector and medical staffs use such technology to monitor patient’s blood pressure and blood sugar level with high accuracy while reducing human errors. RFID tags are used in the hospitals to get detailed information regarding patient using the bar code. The data collected is displayed as the bracelet with RFID bar code is scanned and doctors can monitor and treat patients using the analysis tool. Rising adoption of digitized healthcare infrastructure across the globe with increased demand and adoption of advanced technology in medical device connectivity is driving the market growth. The leading players operating in the market are focusing on business expansions through strategic partnerships in the form of mergers and acquisitions, which is anticipated to expedite competition in the market.
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