The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.
What Market Value Is Expected For The Medical Device Connectivity Market At The End Of The 2026–2030 Forecast Period?_x000D_
The medical device connectivity market has experienced substantial expansion in recent times. Its value is expected to rise from $4.51 billion in 2025 to $5.71 billion in 2026, reflecting a compound annual growth rate (CAGR) of 26.5%. This historical growth can be attributed to several factors, including the increasing digitization of healthcare systems, the adoption of electronic medical records, the growing utilization of networked medical devices, the expansion of hospital IT infrastructure, and the increasing demand for workflow automation._x000D_
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The medical device connectivity market is anticipated to undergo substantial expansion in the coming years. It is projected to grow to $12.76 billion in 2030 at a compound annual growth rate (CAGR) of 22.3%. The projected expansion during this period can be attributed to rising investments in integrated healthcare ecosystems, an increased need for real-time access to clinical data, the broadening of home-based monitoring solutions, a heightened emphasis on cybersecurity within healthcare, and the wider adoption of AI-driven clinical decision support. Prominent trends expected in this forecast include the increasing incorporation of interoperable medical devices, the growing deployment of remote patient monitoring platforms, enhanced integration with electronic health records, an expansion of cloud-based connectivity solutions, and a stronger focus on data security and compliance._x000D_
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Which Market Drivers Are Supporting The Expansion Of The Medical Device Connectivity Market?_x000D_
The expanding implementation of electronic health records (EHRs) is projected to drive the growth of the medical device connectivity market. An electronic health record (EHR) functions as a digital equivalent of a patient’s paper chart, providing real-time, patient-centric data securely to authorized personnel. Medical device connectivity solutions facilitate seamless data exchange between various medical devices and EHR systems, thereby enabling the real-time integration of patient monitoring data, diagnostic outcomes, and treatment details. This integration of medical devices with EHRs empowers healthcare providers to access comprehensive patient information precisely when needed, thereby enhancing both clinical decision-making and the coordination of care. For instance, in June 2023, according to the UK Parliament, by December 2023, 90% of NHS trusts had already adopted electronic health records, with complete implementation expected by March 2025. Hence, the increasing uptake of electronic health records (EHR) is a significant driver for the medical device connectivity market._x000D_
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What Segment Types Make Up The Medical Device Connectivity Market?_x000D_
The medical device connectivity market covered in this report is segmented –_x000D_
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1) By Component: Hardware, Services, Software_x000D_
2) By Technology: Wired Technologies, Wireless Technologies, Hybrid Technologies_x000D_
3) By Application: Vital Sign Monitoring Systems, Cardiology Devices, ICU Systems, Oncology Systems, Home Healthcare Devices, Other Applications_x000D_
4) By End-Use Vertical: Hospitals And Clinics, Diagnostic Centers, Healthcare Research Centers, Other End Users_x000D_
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Subsegments:_x000D_
1) By Hardware: Medical Device Gateways, Connectivity Modules, Sensors And Actuators, Network Infrastructure (Routers, Switches)_x000D_
2) By Services: Consulting Services, Integration Services, Maintenance And Support Services, Managed Services_x000D_
3) By Software: Device Connectivity Software, Cloud-Based Platforms, Data Analytics And Management Software, Security And Authentication Software_x000D_
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Which Market Trends Are Creating New Opportunities In The Medical Device Connectivity Market?_x000D_
Leading enterprises operating in the medical device connectivity market are prioritizing technological innovation, notably through AI-enabled, cloud-based device connectivity platforms. These platforms are designed to unify medical device data across different care settings, thus yielding actionable insights, enhancing operational efficiency, and improving clinical decision-making. AI-powered, cloud-based connectivity platforms seamlessly integrate data from various devices, such as infusion pumps, patient monitors, and pharmacy robotics, facilitating real-time analytics, comprehensive enterprise visibility, and natural language-driven insights to support smarter, faster clinical and operational decisions. As an illustration, in October 2025, BD (Becton, Dickinson and Company), a US-based medical technology company, introduced the BD Incada Connected Care Platform in conjunction with the next-generation BD Pyxis Pro Automated Medication Dispensing Solution. This platform centralizes data from nearly 3 million connected BD devices onto a secure, AI-powered cloud ecosystem, offering clinicians customizable dashboards, natural language analytics, and enterprise-wide visibility into medication inventory, which helps diminish waste, optimize workflows, and convert device data into practical insights for care teams._x000D_
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Who Are The Key Players Driving Competition In The Medical Device Connectivity Market?_x000D_
Major companies operating in the medical device connectivity market are Amazon Web Services Inc, Google LLC, Microsoft Corporation, Siemens AG, Cisco Systems Inc, Qualcomm Technologies Inc, Abbott Laboratories, Oracle Corporation, Medtronic PLC, Thales Group, Koninklijke Philips N.V, GE HealthCare Technologies Inc, Infosys Limited, TE Connectivity Ltd, Wipro Limited, Drägerwerk AG & Co. KGaA, Masimo Corporation, OSI Systems Inc, Digi International Inc, Ascom Holding AG, Lantronix Inc, NantHealth Inc, Spectrum Medical Ltd, Silex Technology Inc, iHealth Labs Inc, Iatric Systems Inc, LifeOmic Holdings LLC_x000D_
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How Is The Medical Device Connectivity Market Distributed Across Key Geographic Regions?_x000D_
North America was the largest region in the medical device connectivity market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the medical device connectivity market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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