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Medical Devices

COVID-19 Impact on Connected Medical Device Market , Global Research Reports 2020-2021

  • BMR3866672
  • 92 Pages
  • May 2020
  • Medical Devices
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Connected medical devices are the embodiment of digitization for the medical industry. These advanced tools can change the face of the current healthcare services for better. As its demand is on the rise, the global connected medical devices market is gaining momentum.

Rise in ageing population with increasing number of multiple chronic health issues is raising the need for extensive care and monitoring across the globe. Thus, elderly population is mainly inclining towards the adoption of connected medical devices for effective care and treatment through remote monitoring. Rising consumer awareness is the main factor which is impelling the global market for connected medical devices. Furthermore, growing popularity of wearable medical devices among consumers which are capable of detecting diabetes at an early stage is up surging the connected medical device market across the globe. High adoption of smart phones, mobile platforms and applications which helps in monitoring health issues reduces the patient admission rate in hospitals. Connected medical devices offers improvement in quality of patient care and cost reduction of health treatments. Moreover, increasing demand of point of care testing devices and connected health solutions is likely to boost global market of connected medical devices.

This report provides a complete quantitative data and qualitative analysis on the global market for Connected Medical Device. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.

Prior to COVID-19, the global market for Connected Medical Device was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Connected Medical Device is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.

This report covers market size and forecasts of Connected Medical Device, including the following market information:

Global Connected Medical Device Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Connected Medical Device Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Connected Medical Device Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Connected Medical Device Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)

Key market players

Major competitors identified in this market include GE Healthcare, Medtronic, OMRON Corporation, AgaMatrix, Boston Scientific Corporation, F. Hoffmann-La Roche, iHealth Labs, Johnson & Johnson, True Wearables, Smiths Group, etc.

Based on the Region:

Asia-Pacific (China, Japan, South Korea, India and ASEAN)

North America (US and Canada)

Europe (Germany, France, UK and Italy)

Rest of World (Latin America, Middle East & Africa)

Based on the Type:

Blood Pressure Monitors

ECG Monitors

Safety Monitoring Devices

Activity Monitoring Devices

Based on the Application:

Hospitals

Clinics

Individual Consumers

Home Healthcare

1.1 Research Scope

1.2 Market Segmentation

1.3 Research Objectives

1.4 Research Methodology

1.4.1 Research Process

1.4.2 Data Triangulation

1.4.3 Research Approach

1.4.4 Base Year

1.5 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.5.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.5.2 Covid-19 Impact: Commodity Prices Indices

1.5.3 Covid-19 Impact: Global Major Government Policy

1.6 The Covid-19 Impact on Connected Medical Device Industry

1.7 COVID-19 Impact: Connected Medical Device Market Trends

2 Global Connected Medical Device Quarterly Market Size Analysis

2.1 Connected Medical Device Business Impact Assessment - COVID-19

2.1.1 Global Connected Medical Device Market Size, Pre-COVID-19 and Post- COVID-19 Comparison, 2015-2026

2.1.2 Global Connected Medical Device Price, Pre-COVID-19 and Post- COVID-19 Comparison, 2015-2026

2.2 Global Connected Medical Device Quarterly Market Size 2020-2021

2.3 COVID-19-Driven Market Dynamics and Factor Analysis

2.3.1 Drivers

2.3.2 Restraints

2.3.3 Opportunities

2.3.4 Challenges

3 Quarterly Competitive Assessment, 2020

3.1 Global Connected Medical Device Quarterly Market Size by Manufacturers, 2019 VS 2020

3.2 Global Connected Medical Device Factory Price by Manufacturers

3.3 Location of Key Manufacturers Connected Medical Device Manufacturing Factories and Area Served

3.4 Date of Key Manufacturers Enter into Connected Medical Device Market

3.5 Key Manufacturers Connected Medical Device Product Offered

3.6 Mergers & Acquisitions, Expansion Plans

4 Impact of Covid-19 on Connected Medical Device Segments, By Type

4.1 Introduction

1.4.1 Blood Pressure Monitors

1.4.2 ECG Monitors

1.4.3 Safety Monitoring Devices

1.4.4 Activity Monitoring Devices

4.2 By Type, Global Connected Medical Device Market Size, 2019-2021

4.2.1 By Type, Global Connected Medical Device Market Size by Type, 2020-2021

4.2.2 By Type, Global Connected Medical Device Price, 2020-2021

5 Impact of Covid-19 on Connected Medical Device Segments, By Application

5.1 Overview

5.5.1 Hospitals

5.5.2 Clinics

5.5.3 Individual Consumers

5.5.4 Home Healthcare

5.2 By Application, Global Connected Medical Device Market Size, 2019-2021

5.2.1 By Application, Global Connected Medical Device Market Size by Application, 2019-2021

5.2.2 By Application, Global Connected Medical Device Price, 2020-2021

6 Geographic Analysis

6.1 Introduction

6.2 North America

6.2.1 Macroeconomic Indicators of US

6.2.2 US

6.2.3 Canada

6.3 Europe

6.3.1 Macroeconomic Indicators of Europe

6.3.2 Germany

6.3.3 France

6.3.4 UK

6.3.5 Italy

6.4 Asia-Pacific

6.4.1 Macroeconomic Indicators of Asia-Pacific

6.4.2 China

6.4.3 Japan

6.4.4 South Korea

6.4.5 India

6.4.6 ASEAN

6.5 Rest of World

6.5.1 Latin America

6.5.2 Middle East and Africa

7 Company Profiles

7.1 GE Healthcare

7.1.1 GE Healthcare Business Overview

7.1.2 GE Healthcare Connected Medical Device Quarterly Production and Revenue, 2020

7.1.3 GE Healthcare Connected Medical Device Product Introduction

7.1.4 GE Healthcare Response to COVID-19 and Related Developments

7.2 Medtronic

7.2.1 Medtronic Business Overview

7.2.2 Medtronic Connected Medical Device Quarterly Production and Revenue, 2020

7.2.3 Medtronic Connected Medical Device Product Introduction

7.2.4 Medtronic Response to COVID-19 and Related Developments

7.3 OMRON Corporation

7.3.1 OMRON Corporation Business Overview

7.3.2 OMRON Corporation Connected Medical Device Quarterly Production and Revenue, 2020

7.3.3 OMRON Corporation Connected Medical Device Product Introduction

7.3.4 OMRON Corporation Response to COVID-19 and Related Developments

7.4 AgaMatrix

7.4.1 AgaMatrix Business Overview

7.4.2 AgaMatrix Connected Medical Device Quarterly Production and Revenue, 2020

7.4.3 AgaMatrix Connected Medical Device Product Introduction

7.4.4 AgaMatrix Response to COVID-19 and Related Developments

7.5 Boston Scientific Corporation

7.5.1 Boston Scientific Corporation Business Overview

7.5.2 Boston Scientific Corporation Connected Medical Device Quarterly Production and Revenue, 2020

7.5.3 Boston Scientific Corporation Connected Medical Device Product Introduction

7.5.4 Boston Scientific Corporation Response to COVID-19 and Related Developments

7.6 F. Hoffmann-La Roche

7.6.1 F. Hoffmann-La Roche Business Overview

7.6.2 F. Hoffmann-La Roche Connected Medical Device Quarterly Production and Revenue, 2020

7.6.3 F. Hoffmann-La Roche Connected Medical Device Product Introduction

7.6.4 F. Hoffmann-La Roche Response to COVID-19 and Related Developments

7.7 iHealth Labs

7.7.1 iHealth Labs Business Overview

7.7.2 iHealth Labs Connected Medical Device Quarterly Production and Revenue, 2020

7.7.3 iHealth Labs Connected Medical Device Product Introduction

7.7.4 iHealth Labs Response to COVID-19 and Related Developments

7.8 Johnson & Johnson

7.8.1 Johnson & Johnson Business Overview

7.8.2 Johnson & Johnson Connected Medical Device Quarterly Production and Revenue, 2020

7.8.3 Johnson & Johnson Connected Medical Device Product Introduction

7.8.4 Johnson & Johnson Response to COVID-19 and Related Developments

7.9 True Wearables

7.9.1 True Wearables Business Overview

7.9.2 True Wearables Connected Medical Device Quarterly Production and Revenue, 2020

7.9.3 True Wearables Connected Medical Device Product Introduction

7.9.4 True Wearables Response to COVID-19 and Related Developments

7.10 Smiths Group

7.10.1 Smiths Group Business Overview

7.10.2 Smiths Group Connected Medical Device Quarterly Production and Revenue, 2020

7.10.3 Smiths Group Connected Medical Device Product Introduction

7.10.4 Smiths Group Response to COVID-19 and Related Developments

8 Supply Chain and Sales Channels Analysis

8.1 Connected Medical Device Supply Chain Analysis

8.1.1 Connected Medical Device Supply Chain Analysis

8.1.2 Covid-19 Impact on Connected Medical Device Supply Chain

8.2 Distribution Channels Analysis

8.2.1 Connected Medical Device Distribution Channels

8.2.2 Covid-19 Impact on Connected Medical Device Distribution Channels

8.2.3 Connected Medical Device Distributors

8.3 Connected Medical Device Customers

9 Key Findings

10 Appendix

10.1 About Us

10.2 Disclaimer

List of Tables

Table 1. Overview of the World Economic Outlook Projections

Table 2. Summary of World Real per Capita Output (Annual percent change; in international currency at purchasing power parity)

Table 3. European Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment (Annual percent change, unless noted otherwise)

Table 4. Asian and Pacific Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment (Annual percent change, unless noted otherwise)

Table 5. Western Hemisphere Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment (Annual percent change, unless noted otherwise)

Table 6. Middle Eastern and Central Asian Economies: Real GDP, Consumer Prices, Current Account Balance, and Unemployment (Annual percent change, unless noted otherwise)

Table 7. Covid-19 Impact: Global Major Government Policy

Table 8. The Covid-19 Impact on Connected Medical Device Assessment

Table 9. COVID-19 Impact: Connected Medical Device Market Trends

Table 10. COVID-19 Impact Global Connected Medical Device Market Size

Table 11. Global Connected Medical Device Market Size Pre-COVID-19 and Post- COVID-19 Comparison, 2015-2026 (K Units)

Table 12. Global Connected Medical Device Price, Pre-COVID-19 and Post- COVID-19 Comparison, 2015-2026, (USD/Unit)

Table 13. Global Connected Medical Device Quarterly Market Size, 2020 (US$ Million) & (K Units)

Table 14. Global Connected Medical Device Market Size, Pre-COVID-19 and Post- COVID-19 Quarterly Comparison, 2020-2021 (US$ Million)

Table 15. Global Connected Medical Device Market Size, Pre-COVID-19 and Post- COVID-19 Quarterly Comparison, 2020-2021 (K Units)

Table 16. Global Connected Medical Device Market Growth Drivers

Table 17. Global Connected Medical Device Market Restraints

Table 18. Global Connected Medical Device Market Opportunities

Table 19. Global Connected Medical Device Market Challenges

Table 20. Key Manufacturers Connected Medical Device Quarterly Revenue, 2019 VS 2020 (US$ Million)

Table 21. Top Manufacturers, Connected Medical Device Market Size, 2019 (K Units) & (US$ Million)

Table 22. Connected Medical Device Factory Price by Manufacturers 2020 (USD/Unit)

Table 23. Location of Key Manufacturers Connected Medical Device Manufacturing Plants

Table 24. Key Manufacturers Connected Medical Device Market Served

Table 25. Date of Key Manufacturers Enter into Connected Medical Device Market

Table 26. Key Manufacturers Connected Medical Device Product Type

Table 27. Mergers & Acquisitions, Expansion Plans

Table 28. Global Connected Medical Device Market Size by Type, 2020, (US$ Million)

Table 29. Global Connected Medical Device Market Size by Type, 2020 (K Units)

Table 30. Global Connected Medical Device Price: by Type, 2020-2021 (USD/Unit)

Table 31. Global Connected Medical Device Market Size by Application: 2020-2021 (US$ Million)

Table 32. Global Connected Medical Device Market Size by Application, 2020-2021 (K Units)

Table 33. Global Connected Medical Device Price: by Application, 2020-2021 (USD/Unit)

Table 34. Global Connected Medical Device Market Size by Region, 2019-2021 (US$ Million)

Table 35. Global Connected Medical Device Market Size by Region, 2019-2021 (K Units)

Table 36. By Country, North America Connected Medical Device Market Size, 2019-2021 (US$ Million)

Table 37. By Country, North America Connected Medical Device Market Size, 2019-2021 (K Units)

Table 38. US Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 39. Canada Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 40. Macroeconomic Indicators of Europe (Germany, France, UK and Italy)

Table 41. By Country, Europe Connected Medical Device Market Size, 2019-2021 (US$ Million)

Table 42. By Country, Europe Connected Medical Device Market Size, 2019-2021 (K Units)

Table 43. Germany Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 44. France Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 45. UK Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 46. Italy Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 47. Macroeconomic Indicators of Asia-Pacific (China, Japan, South Korea, India and ASEAN)

Table 48. By Region, Asia-Pacific Connected Medical Device Market Size, 2019-2021 (US$ Million)

Table 49. By Region, Asia-Pacific Connected Medical Device Market Size, 2019-2021 (K Units)

Table 50. China Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 51. Japan Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 52. South Korea Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 53. India Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 54. ASEAN Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 55. Latin America Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 56. Middle East and Africa Connected Medical Device Market Size, 2019-2021 (US$ Million) & (K Units)

Table 57. GE Healthcare Business Overview

Table 58. GE Healthcare Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 59. GE Healthcare Connected Medical Device Product

Table 60. GE Healthcare Response to COVID-19 and Related Developments

Table 61. Medtronic Business Overview

Table 62. Medtronic Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 63. Medtronic Connected Medical Device Product

Table 64. Medtronic Response to COVID-19 and Related Developments

Table 65. OMRON Corporation Business Overview

Table 66. OMRON Corporation Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 67. OMRON Corporation Connected Medical Device Product

Table 68. OMRON Corporation Response to COVID-19 and Related Developments

Table 69. AgaMatrix Business Overview

Table 70. AgaMatrix Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 71. AgaMatrix Connected Medical Device Product

Table 72. AgaMatrix Response to COVID-19 and Related Developments

Table 73. Boston Scientific Corporation Business Overview

Table 74. Boston Scientific Corporation Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 75. Boston Scientific Corporation Connected Medical Device Product

Table 76. Boston Scientific Corporation Response to COVID-19 and Related Developments

Table 77. F. Hoffmann-La Roche Business Overview

Table 78. F. Hoffmann-La Roche Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 79. F. Hoffmann-La Roche Connected Medical Device Product

Table 80. F. Hoffmann-La Roche Response to COVID-19 and Related Developments

Table 81. iHealth Labs Business Overview

Table 82. iHealth Labs Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 83. iHealth Labs Connected Medical Device Product

Table 84. iHealth Labs Response to COVID-19 and Related Developments

Table 85. Johnson & Johnson Business Overview

Table 86. Johnson & Johnson Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 87. Johnson & Johnson Connected Medical Device Product

Table 88. Johnson & Johnson Response to COVID-19 and Related Developments

Table 89. True Wearables Business Overview

Table 90. True Wearables Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 91. True Wearables Connected Medical Device Product

Table 92. True Wearables Response to COVID-19 and Related Developments

Table 93. Smiths Group Business Overview

Table 94. Smiths Group Connected Medical Device Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin, (Q1, Q2, Q3, Q4) Quarter 2020

Table 95. Smiths Group Connected Medical Device Product

Table 96. Smiths Group Response to COVID-19 and Related Developments

Table 97. Connected Medical Device Distributors List

Table 98. Connected Medical Device Customers List

Table 99. Covid-19 Impact on Connected Medical Device Customers

List of Figures

Figure 1. Connected Medical Device Product Picture

Figure 2. Connected Medical Device Market Segmentation

Figure 3. Research Objectives

Figure 4. Research Process

Figure 5. Data Triangulation

Figure 6. Research Approach

Figure 7. Commodity Prices-Metals Price Indices

Figure 8. Commodity Prices- Precious Metal Price Indices

Figure 9. Commodity Prices- Agricultural Raw Material Price Indices

Figure 10. Commodity Prices- Food and Beverage Price Indices

Figure 11. Commodity Prices- Fertilizer Price Indices

Figure 12. Commodity Prices- Energy Price Indices

Figure 13. G20+: Economic Policy Responses to COVID-19

Figure 14. Global Connected Medical Device Market Size, Pre-COVID-19 and Post- COVID-19 Comparison, 2015-2026 (US$ Million)

Figure 15. Global Connected Medical Device Market Size, Pre-COVID-19 and Post- COVID-19, Year-over-Year Growth Rate, 2015-2026 (%)

Figure 16. Global Connected Medical Device Market Size, Quarterly Growth, 2020-2021 (%)

Figure 17. Global Connected Medical Device Market Size, Market Share by Type, 2019 VS 2020 (%)

Figure 18. Global Connected Medical Device Market Size, Market Share by Application, 2019 VS 2020 (%)

Figure 19. Global Connected Medical Device Market Size Market Share by Region, 2019 VS 2020 (%)

Figure 20. United States Composite PMI and GDP

Figure 21. Eurozone Composite PMI and GDP

Figure 22. Eurozone Core v. Periphery PMI Output Indices

Figure 23. Core v. Periphery PMI Employment Indices

Figure 24. UK Composite PMI and GDP

Figure 25. Caixin China Composite Output Index

Figure 26. Caixin China General Services Business Activity Index

Figure 27. Japan Composite Output Index

Figure 28. South Korea Manufacturing PMI

Figure 29. India Composite Output Index

Figure 30. ASEAN Manufacturing PMI

Figure 31. By Region, Asia-Pacific Connected Medical Device Market Size Market Share, 2019-2021

 
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