The Chemical Connection Onshoring PCB Production—Daunting but Certainly Possible
It’s Only Common Sense: The Phone Is Still Mightier Than the Keyboard
Emerging Technologies in Medical Device Connectivity Will Skyrocket the Healthcare Market
July 3, 2018 | Frost & SullivanEstimated reading time: 2 minutes
The wide adoption of electronic medical/health record (EMR/EHR) solutions in hospitals is making a strong case for interoperability among medical devices, and could well take the $232.5 million global medical device connectivity (MDC) market past the billion-dollar mark by 2022. To make optimal use of EMR/EHR and lower their dependence on manual monitoring, hospitals are developing connectivity strategies based on early warning scores, automated electronic charting, emergency alert and response, virtual intensive care units (ICUs), medical device asset management, and real-time location solutions.
"The current generation of medical devices are local area network (LAN)-aware and has the ability to integrate with any hospital IT systems,” said Dinesh Kumar, Transformational Health Industry Analyst. “Medical devices can connect to hospital networks using Internet protocol (IP) technologies of transmission control protocol (TCP)/IP and wide area network (WAN) either directly or through a vendor-supplied gateway.”
Frost & Sullivan’s recent analysis, Global Hospital-based Medical Device Connectivity Market, Forecast to 2022, examines the competitive landscape covering clinical IT systems vendors, medical device OEMs, vendor-agnostic third-party vendors, and healthcare system integrators. It presents use cases for patient data integration with EHRs, real-time patient monitoring, virtual ICU, centralized patient monitoring, and clinical alarms.
North America emerged the biggest adopter of MDC solutions in 2017, with $171.8 million of the total revenue. The United States market generated $153.9 million of those, driven by technology innovation and policies like Meaningful Use (MU), Accountable Care Organisations (ACO), and the hospital readmission reduction programme. The European and Asia-Pacific (APAC) markets too were supported by favorable initiatives like healthcare digitization and the medical error reduction programme at the point-of-care.
Future growth opportunities in this market include:
- Vendor-agnostic third-party device connectivity solutions such as the CareAware iBus platform from Cerner Corporation and the Accelero Connect from Iatric Systems
- Huge demand for end-to-end medical device connectivity solutions such as the Qualcomm Life’s SmartLinx, which will enable a multi-disciplinary approach towards achieving a connected healthcare ecosystem
- The growing shortfall of intensive care workforce is challenging hospitals’ ability to care for critically ill patients. Virtual ICU and patient surveillance solutions from Bernoulli Health offers centralized patient monitoring thereby improving overall clinical outcomes in the high-acuity care settings
- Healthcare system integrators and interoperability enablers such as Enovacom, Validic and Forcare known for developing and implementing business-specific application interfaces for delivering patient data from disparate sources are gaining significance.
"Next generation connected medical devices will embrace machine-to-machine (M2M) and cloud-based technologies for real-time, bi-directional communication required for centralized patient monitoring. For hospitals without EMR solutions, cloud-based device connectivity and digital dashboards for device data visualization will be an alternative. Furthermore, the growing demand for hospital-based MDC is giving rise to competitive business models and solution offerings from direct and indirect market players." noted Kumar.
Global Hospital-based Medical Device Connectivity Market, Forecast to 2022 is part of Frost & Sullivan’s global Connected Health Growth Partnership Service program.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
The Marketing Minute: Marketing With Layers
10/15/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing to a technical audience is like crafting a multilayer board: Each layer serves a purpose, from the surface story to the buried detail that keeps everything connected. At I-Connect007, we’ve learned that the best marketing campaigns aren’t built linearly; they’re layered. A campaign might start with a highly technical resource, such as an in-depth article, a white paper, or a podcast featuring an engineer delving into the details of a process. That’s the foundation, the substance that earns credibility.
ICT Symposium Review: Sustainability and the Circular Economy
10/09/2025 | Pete Starkey, I-Connect007It was pleasant autumnal weather as we made our way once again to Meriden, the nominal centre of England, for the 2025 Annual Symposium of the Institute of Circuit Technology. Delegates were welcomed by technical director Emma Hudson who introduced and moderated a skilfully coordinated programme, focused on the highly relevant theme of sustainability.
Circular Packaging Market to Reach $98.0 Billion by 2035
10/08/2025 | Fact.MRThe market's journey from USD 45.8 billion in 2025 to USD 98.0 billion by 2035 represents substantial growth, the market will rise at a CAGR of 7.9% demonstrating the accelerating adoption of sustainable packaging systems and circular economy solutions across food & beverage, personal care, and e-commerce sectors.
It’s Only Common Sense: Stop Whining About the Market—Outwork It
10/06/2025 | Dan Beaulieu -- Column: It's Only Common SenseWhenever the market hiccups or the industry cycle dips, I hear the same tired chorus: “The market is down. Customers aren’t buying. What can we do? We just have to wait it out.” Nonsense. If you think that by showing up, opening your doors, and waiting for the economy to smile kindly upon you, that success will follow, you are in the wrong business. Worse yet, you’re living in the wrong mindset. Most people don’t want to hear the truth that winners find business in down cycles. Losers blame the economy.
Schweizer Ends Staff Restructuring Measures and Short-Time Working at the Schramberg Site
10/01/2025 | Schweizer Electronic AGSchweizer Electronic AG has implemented comprehensive measures to adjust its cost and personnel structure at its Schramberg site due to strong market fluctuations in the automotive and industrial electronics sector. Thanks to the successful restructuring, short-time working can now be ended with immediate effect. A stable order situation is expected for the fourth quarter, with signs of growth momentum returning in 2026.