Global Connected Medical Devices Market

Global Connected Medical Devices Market by Player, Region, Type, Application and Sales Channel

Global Connected Medical Devices Market

Global Connected Medical Devices Market by Player, Region, Type, Application and Sales Channel

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The global Connected Medical Devices market size is estimated to be $49.87 billion in 2024, and Market IntelliX analysts predict it will reach $217.8 billion by 2033, growing at a CAGR of 17.8% during the forecast period from 2025 to 2033.

The evolving U.S. tariff policy in 2025 is bringing considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the world, assessing their impacts on Connected Medical Devices market competitiveness, regional economic interdependencies, and supply chain reconfigurations.

Connected medical devices are healthcare tools that can wirelessly transmit and receive data. They utilize technologies like Wi-Fi, Bluetooth, or cellular networks to share patient health data, enabling remote monitoring, diagnostics, and even treatment.

The major players in the global Connected Medical Devices market include Medtronic (Ireland), GE Healthcare (US), Koninklijke Philips (Netherlands), Abbott (US), Boston Scientific (US), OMRON (Japan), Baxter International (US), BIOTRONIK (Germany), Johnson & Johnson (US), NIHON KOHDEN (Japan), etc. In 2024, the global top 5 players together accounted for approximately xx% market share in terms of revenue.

Market Drivers & Opportunities:

Government initiatives to promote digital health.

Growing need for cost-containment in healthcare delivery.

Rising focus on patient engagement and patient-centric healthcare.

Market Restraints & Challenges:

High deployment costs of connected medical devices.

Data security concerns.

North America Connected Medical Devices market size is estimated to increase from $xx million in 2024 to $xx million by 2033, growing at a CAGR of xx% during the forecast period of 2025 through 2033.

China Connected Medical Devices market size is estimated to increase from $xx million in 2024 to $xx million by 2033, growing at a CAGR of xx% during the forecast period of 2025 through 2033.

Europe Connected Medical Devices market size is estimated to increase from $xx million in 2024 to $xx million by 2033, growing at a CAGR of xx% during the forecast period of 2025 through 2033.

Leading Players of Connected Medical Devices include:

Medtronic (Ireland)

GE Healthcare (US)

Koninklijke Philips (Netherlands)

Abbott (US)

Boston Scientific (US)

OMRON (Japan)

Baxter International (US)

BIOTRONIK (Germany)

Johnson & Johnson (US)

NIHON KOHDEN (Japan)

Siemens Healthineers (Germany)

Honeywell International (US)

AliveCor (US)

Dragerwerk (Germany)

Nonin (US)

AMD Global Telemedicine (US)

iHealth Labs (US)

Aerotel Medical Systems (Israel)

i-SENS (Korea)

Huntleigh Healthcare (UK)

ResMed (US)

Masimo (US)

Infinium Medical (US)

ICU Medical (US)

Hamilton Medical (Switzerland)

Market split by Type:

Wearable Medical Devices

Implantable Medical Devices

Stationary Medical Devices

Others

Market split by Application:

Hospitals & Clinics

Homecare Settings

Others

Market split by Sales Channel:

Direct Channel

Distribution Channel

Market split by Region/Country:

North America (United States and Canada)

Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia, etc.)

South America (Brazil, Mexico, and Argentina, etc.)

Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

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Chapter 1 Connected Medical Devices Market Overview

1.1 Connected Medical Devices Definition

1.2 Global Connected Medical Devices Market Size Status and Outlook (2019-2033)

1.3 Global Connected Medical Devices Market Size Comparison by Region (2019-2033)

1.4 Global Connected Medical Devices Market Size Comparison by Type (2019-2033)

1.5 Global Connected Medical Devices Market Size Comparison by Application (2019-2033)

1.6 Global Connected Medical Devices Market Size Comparison by Sales Channel (2019-2033)

1.7 Connected Medical Devices Market Dynamics (2025 US Tariffs Impacts)

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Restraints

1.7.3 Market News (Merger/Acquisition/Expansion)

1.7.4 Market Trends & Development

1.7.5 2025 US Tariffs Policy Impacts

Chapter 2 Connected Medical Devices Market Competition by Player

2.1 Global Connected Medical Devices Sales and Market Share by Player (2022-2024)

2.2 Global Connected Medical Devices Revenue and Market Share by Player (2022-2024)

2.3 Global Connected Medical Devices Average Price by Player (2022-2024)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Competition by Player

Chapter 3 Connected Medical Devices Market Segment by Type

3.1 Global Connected Medical Devices Market by Type

3.1.1 Wearable Medical Devices

3.1.2 Implantable Medical Devices

3.1.3 Stationary Medical Devices

3.1.4 Others

3.2 Global Connected Medical Devices Sales and Market Share by Type (2019-2024)

3.3 Global Connected Medical Devices Revenue and Market Share by Type (2019-2024)

3.4 Global Connected Medical Devices Average Price by Type (2019-2024)

3.5 Conclusion of Segment by Type

Chapter 4 Connected Medical Devices Market Segment by Application

4.1 Global Connected Medical Devices Market by Application

4.1.1 Hospitals & Clinics

4.1.2 Homecare Settings

4.1.3 Others

4.2 Global Connected Medical Devices Revenue and Market Share by Application (2019-2024)

4.3 Conclusion of Segment by Application

Chapter 5 Connected Medical Devices Market Segment by Sales Channel

5.1 Global Connected Medical Devices Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Connected Medical Devices Revenue and Market Share by Sales Channel (2019-2024)

5.3 Conclusion of Segment by Sales Channel

Chapter 6 Connected Medical Devices Market Segment by Region & Country

6.1 Global Connected Medical Devices Market Size and CAGR by Region

6.2 Global Connected Medical Devices Sales and Market Share by Region (2019-2024)

6.3 Global Connected Medical Devices Revenue and Market Share by Region (2019-2024)

6.4 North America

6.4.1 North America Market by Country

6.4.2 North America Connected Medical Devices Market Share by Type

6.4.3 North America Connected Medical Devices Market Share by Application

6.4.4 United States

6.4.5 Canada

6.5 Europe

6.5.1 Europe Market by Country

6.5.2 Europe Connected Medical Devices Market Share by Type

6.5.3 Europe Connected Medical Devices Market Share by Application

6.5.4 Germany

6.5.5 UK

6.5.6 France

6.5.7 Italy

6.5.8 Spain

6.5.9 Russia

6.6 Asia-Pacific

6.6.1 Asia-Pacific Market by Country

6.6.2 Asia-Pacific Connected Medical Devices Market Share by Type

6.6.3 Asia-Pacific Connected Medical Devices Market Share by Application

6.6.4 China

6.6.5 Japan

6.6.6 Korea

6.6.7 India

6.6.8 Southeast Asia

6.6.9 Australia

6.7 South America

6.7.1 South America Market by Country

6.7.2 South America Connected Medical Devices Market Share by Type

6.7.3 South America Connected Medical Devices Market Share by Application

6.7.4 Brazil

6.7.5 Mexico

6.7.6 Argentina

6.7.7 Colombia

6.8 Middle East & Africa

6.8.1 Middle East & Africa Market by Country

6.8.2 Middle East & Africa Connected Medical Devices Market Share by Type

6.8.3 Middle East & Africa Connected Medical Devices Market Share by Application

6.8.4 Turkey

6.8.5 UAE

6.8.6 Saudi Arabia

6.8.7 South Africa

6.9 Conclusion of Segment by Region

Chapter 7 Profile of Leading Connected Medical Devices Players

7.1 Medtronic (Ireland)

7.1.1 Company Snapshot

7.1.2 Product/Service Offered

7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)

7.1.4 Company News & Recent Development

7.1.5 Company SWOT Analysis

7.3 Koninklijke Philips (Netherlands)

7.4 Abbott (US)

7.5 Boston Scientific (US)

7.6 OMRON (Japan)

7.7 Baxter International (US)

7.8 BIOTRONIK (Germany)

7.9 Johnson & Johnson (US)

7.10 NIHON KOHDEN (Japan)

7.11 Siemens Healthineers (Germany)

7.12 Honeywell International (US)

7.13 AliveCor (US)

7.14 Dragerwerk (Germany)

7.15 Nonin (US)

7.16 AMD Global Telemedicine (US)

7.17 iHealth Labs (US)

7.18 Aerotel Medical Systems (Israel)

7.19 i-SENS (Korea)

7.20 Huntleigh Healthcare (UK)

7.21 ResMed (US)

7.22 Masimo (US)

7.23 Infinium Medical (US)

7.24 ICU Medical (US)

7.25 Hamilton Medical (Switzerland)

Chapter 8 Upstream and Downstream Analysis of Connected Medical Devices

8.1 Industrial Value Chain of Connected Medical Devices

8.2 Upstream of Connected Medical Devices

8.3 Downstream of Connected Medical Devices

Chapter 9 Global Connected Medical Devices Market Forecast (2025-2033)

9.1 Global Connected Medical Devices Market Size (Sales and Revenue) Forecast (2025-2033)

9.2 Global Connected Medical Devices Market Size and CAGR Forecast by Region (2025-2033)

9.3 Global Connected Medical Devices Market Size and CAGR Forecast by Type (2025-2033)

9.4 Global Connected Medical Devices Market Size and CAGR Forecast by Application (2025-2033)

9.5 Global Connected Medical Devices Market Size and CAGR Forecast by Sales Channel (2025-2033)

Chapter 10 Appendix

10.1 Research Methodology

10.2 Data Sources

10.3 Disclaimer

10.4 Analysts Certification

Tables & Figures:
Show more
Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Global Connected Medical Devices Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the size of the Global Connected Medical Devices Industry?
According to the report, the Global Connected Medical Devices Industry will grow to USD XXX Million by 2030, with a YY% CAGR.
What challenges does the Global Connected Medical Devices Market face in the future?
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the Global Connected Medical Devices Market across the extensive corporate landscape.
What are the primary data sources used to evaluate the Global Connected Medical Devices Market sizing?
The majority of data for the Global Connected Medical Devices Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.