However, there are some security concerns such as patient privacy which act as a hindrance for the market growth. Furthermore, small healthcare facilities cannot afford the additional cost of providing connectivity to medical devices which limits the market growth. Another restraint for the market is the connectivity and operational challenges in remote locations, especially in the developing countries. The market has to sustain through these issues until technological advances carried out by market players become potent to overcome these challenges.
Some companies profiled in this report are Cerner Corporation, Digi International Inc., Philips Healthcare, Cisco Systems Inc., Honeywell HomeMed LLC, Siemens Healthcare, eDevice Inc., GE Healthcare Ltd., Cardiopulmonary Corporation and Qualcomm Inc.
KEY BENEFITS
The in-depth analysis provides market intelligence with respect to segments based on components, end-users and geographies
Detailed analysis of the top factors impacting the growth of the market based on the current market scenario and projected market trends
Value chain analysis provides key inputs about the role of all stakeholders of the market
Porter’s five force analysis provides deep-dive information about the potency of suppliers & buyers, threat of new entrants & substitutes along with competitive scenario of the market
SWOT analysis and recent developments of key players are included in the report so that companies can understand the competitive scenario of the market and make strategies for better market capitalization
Estimations are calculated according to the current market scenario and projected future trends for the analysis period of 2013-2020 with base revenue of 2012
The report provides in-depth analysis of the trends and opportunities in various geographies so that companies can make region specific plans to gain competitive advantage
KEY MARKET SEGMENTS
BY COMPONENT
Wireless Hardware
Wi-Fi Hardware
Wireless Medical Telemetry Hardware
Bluetooth Hardware
Wired Hardware
Software
BY END USER
Hospitals
Home Healthcare
Others
BY GEOGRAPHY
North America
Europe
Asia Pacific
Rest of the World (RoW)
KEY AUDIENCES
Medical Device Manufacturers
System and Network Integrators
Research and Academic Institutions
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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