Major Players - Medical Device Connectivity Industry

Medical device connectivity (MDC) is the process of setting up and keeping up a link between a medical device, like a patient monitor, and an information system so that data can be sent back and forth. Biomedical device integration or biomedical device connection are other names for it. The adoption of uniform standards for MDC use in the healthcare industry is anticipated to drive market growth over the forecast period. In addition, partnerships to develop digital therapeutic solutions based on interconnected medical devices are anticipated to contribute to market growth.

The global market for Medical Device Connectivity  is anticipated to reach US$ 122,271.5 million by 2027's end.

Leading Companies in the Medical Device Connectivity Industry:

Capsule Tech Inc.

Capsule Tech Inc. is a provider of medical device information system and medical device integration solutions. It was founded in 2011 and headquartered in Massachusetts, United States. It operates in 39 countries. Philips acquired Capsule Technologies and its medical device data technology in January 2021. Royal Philips, a global leader in health technology, announced in October 2021 that, with the release of new device drivers that enable integration and interoperability, the Philips Capsule Medical Device Information Platform (MDIP) has integrated with more than one thousand distinct medical device models.

Cerner Corporation

Cerner Corporation is an American supplier of health information technology (HIT) services, devices, and hardware. It was founded in 1979 and headquartered in Missouri, U.S. It operates in about 25 countries worldwide. In Dec 2019, Israeli startup Medigate, which works to secure medical devices and administer hospital assets, partnered with medical information technology titan Cerner to provide services and support for the Israeli company's security software.

Philips Healthcare

Philips Healthcare was founded in 1891 and headquartered in
Amsterdam, Netherlands. It operates across 100 countries. In April 2023, Philips will upgrade Northwell Health's patient monitoring technology. Northwell Health and the global health technology corporation sign a seven-year contract for the upgrade of patient monitoring software.

Digi International Inc.

Digi International Inc.  is an American Industrial Internet of Things (IIoT) technology company. IT was founded in 1985 and headquartered in Minnesota, United States. It operates globally. In 2023, Digi introduces its innovative ConnectCore Security and Cloud Services, which are intended to provide monitoring of evolving security vulnerabilities after devices have been deployed and a sophisticated method for managing deployed devices with secure over-the-air software updates.

Cisco Systems Inc.

Cisco Systems Inc. is an American-based multinational digital communications technology conglomerate corporation. It was founded in 1984 and headquartered in California, U.S. It operates in 180 countries.

Siemens Healthcare

Siemens Healthcare is a German medical device company, was founded in 2017 and headquartered in Erlangen, Germany. It operates in over 70 countries. On February 28, 2023, Siemens Healthineers and Sysmex Corporation signed a global OEM agreement for hemostasis products. Under this agreement, each company will sell OEM products to the other in the medical field of hemostasis.

Honeywell HomeMed LLC

 Honeywell HomeMed LLC provides healthcare services, was founded in 2005 and headquartered in United State. It operates in across 70 countries worldwide.

Dräger Medical GmbH.

Dräger Medical GmbH. was founded in and headquartered in. It operates in. In Jan 2022, at the Arab Health 2022 show in January (2022) at the Dubai World Trade Center, Dragerwerk AG showed off its technologies, goods, and services that help hospitals do their best work.

Definition:

Medical device connectivity is the establishment and maintenance of a connection through which data is transferred between a medical device, such as a patient monitor, and an information system.