IoT in Medical Device Market | Exactitude Consultancy Reports

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IoT in medical device Market by Product (Blood pressure monitor, Glucometer, Cardiac Monitor, Pulse Oximeter, Infusion Pump), by Type (Wearable, Implantable, Stationary), by End user (Hospitals and Clinics, Nursery homes, others), and Region, Global trends and forecast from 2022 to 2029.

oT in medical device Market Overview
The IoT in medical device Market is expected to grow at 28.9% CAGR from 2022 to 2029. It is expected to reach above USD 201.96 Billion by 2029 from USD 22.20 Billion in 2020.
Segment Analysis
The IoT in medical device market is segmented based on product, type, end user, and region, global trends and forecast.

By product type, the market is bifurcated into (Blood pressure monitor, Glucometer, Cardiac Monitor, Pulse Oximeter, and Infusion Pump). By type into (Wearable, Implantable, Stationary). By end user into (Hospitals and Clinics, Nursery homes, others) and region, global trends and forecast.

Among product segments, the blood pressure monitor segment is anticipated to expand at the fastest rate over the forecasted period. In terms of product segments, the blood pressure monitor sector is anticipated to increase at the greatest CAGR during the forecast period. This is primarily because of the rising prevalence of hypertension, the rising obesity rate, and the growing inclination for self-health management.

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