The Point Of Care Connectivity Solutions Market is Predict to reach USD 1.6 by 2031, at a CAGR of 7.5%

07-Oct-2024 | Report Format: Electronic (PDF)

Point Of Care Connectivity Solutions Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Point Of Care Connectivity Solutions Market size is expected to reach $1.6 billion by 2031, rising at a market growth of 7.1% CAGR during the forecast period.

The Services segment is registering a CAGR of 7.7% during (2024 - 2031). Services in this market encompass a wide range of offerings, including implementation, maintenance, training, and support services. These services are crucial for the successful deployment and ongoing operation of point of care connectivity solutions. The substantial revenue share of the services segment underscores the increased recognition of the importance of comprehensive support and maintenance services to ensure the optimal performance of connectivity solutions.

Point Of Care Connectivity Solutions Market Size - By Region

The Hospitals segment is leading the Global Point Of Care Connectivity Solutions Market by End Use in 2023; thereby, achieving a market value of $402.9 million by 2031. Hospitals have been increasingly adopting point of care connectivity solutions to enhance patient care, streamline workflows, and improve diagnostic accuracy. Integrating these solutions in hospital settings facilitates real-time data sharing and connectivity among various departments and healthcare providers, leading to better coordinated and efficient patient care.

The Glucose Monitoring segment would witness a CAGR of 6.4% during (2024 - 2031). The increasing prevalence of diabetes and the rising demand for continuous glucose monitoring systems have driven the adoption of connectivity solutions in this segment. These solutions enable real-time monitoring and data sharing between patients and healthcare providers, facilitating better diabetes management and personalized treatment plans. The growing awareness and adoption of glucose monitoring devices further contribute to the segment’s notable revenue share.

Full Report: https://www.kbvresearch.com/point-of-care-connectivity-solutions-market/

The North America region dominated the Global Point Of Care Connectivity Solutions Market by Region in 2023; thereby, achieving a market value of $542.5 million by 2031. The Europe segment is anticipated to grow at a CAGR of 6.8% during (2024 - 2031). Additionally, The Asia Pacific segment would witness a CAGR of 7.7% during (2024 - 2031).

List of Key Companies Profiled

  • F.Hoffmann-La Roche Ltd.
  • Siemens Healthineers AG (Siemens AG)
  • Abbott Laboratories
  • GE HealthCare Technologies, Inc.
  • Masimo Corporation
  • Medtronic PLC
  • Oracle Corporation
  • Koninklijke Philips N.V.
  • Honeywell International, Inc.
  • EKF Diagnostics Holdings plc

Point Of Care Connectivity Solutions Market Report Segmentation

By Type

  • Software
  • Services

By End Use

  • Hospitals
  • Diagnostic Centers
  • Specialty Centers
  • Outpatient Facilities
  • Other End Use

By Application

  • Hematology
  • Glucose Monitoring
  • Coagulation Monitoring
  • Electrolyte and Blood Gas Analysis
  • Infectious Disease Devices
  • Cardio Metabolic Monitoring
  • Other Application

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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