MEDICAL DEVICE CONNECTIVITY MARKET ANALYSIS
The global medical device connectivity market growth can be driven by an increase in inorganic growth strategies such as acquisition by key market players. For instance, in January 2021, Koninklijke Philips N.V., a Netherland-based medical technology company, announced that it had acquired Capsule Technologies, Inc., a global provider of medical device integration, clinical surveillance, and patient monitoring for hospitals, to enter into patient monitoring market. Capsule’s Medical Device Information Platform - comprised of device integration, vital signs monitoring, and clinical surveillance services - connects almost all existing medical devices and EMRs in hospitals through a vendor-neutral system
Global Medical Device Connectivity Market: Key Players
Major players operating in the global medical device connectivity market include Medtronic, GE Healthcare, Capsule Tech Inc., Cerner Corporation, Koninklijke Philips N.V., Digi International Inc., Cisco System Inc., Siemens Healthineers, Honeywell International Inc., Medshift, and Drägerwerk AG & Co. KGaA
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