Medical Device Connectivity Market Size 2013
Summary
Integration of data from important healthcare devices into EMR helps to not only save time but also eliminates transcription errors and improves the overall patient safety and care.It is expected to maintain leading position throughout the forecast period owing to increasing awareness in emerging regions including Asia Pacific and RoW.The rise in certain medical conditions including high blood pressure, asthma, diabetes and other respiratory and cardiovascular diseases requiring continuous monitoring and care have been driving the market growth in this segment.Integration of data from important healthcare devices into EMR helps to not only save time but also eliminates transcription errors and improves the overall patient safety and care.However, connectivity and operational issues, cost barriers for small and mid-sized healthcare units and security concerns are some of the factors inhibiting the growth of this market.Among all the components, the wired hardware segment was the largest and accounted for 40% of the market share in 2012.