Top Medical Device Connectivity Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Medical Device Connectivity Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Medical Device Connectivity industry players.

Medical Device Connectivity Market Competitive Landscape

The global medical device connectivity industry is highly competitive, with key players focusing on strategic collaborations, technological advancements, and innovative product offerings to gain a competitive edge. Companies are increasingly investing in IoT (Internet of Things) and AI-powered technologies to enhance the functionality of medical devices, streamline data management, and improve patient outcomes. For instance, in 2024, GE Healthcare collaborated with Samsung Electronics to develop advanced connected healthcare solutions that integrate AI and IoT, allowing for improved patient monitoring and diagnostic capabilities.

A growing number of innovative startups are emerging in the medical device connectivity market, aiming to enhance the integration of medical devices and healthcare systems. One such startup focuses on simplifying healthcare interoperability by offering a secure, scalable API platform that connects medical devices with electronic health record (EHR) systems. Their goal is to reduce the complexity and cost of point-to-point integrations, enabling seamless data exchange across diverse healthcare platforms.

  • Redox (Founded: 2017): Redox focuses on simplifying the integration of healthcare systems by providing an API platform that connects various medical devices with electronic health record (EHR) systems. The company's goal is to enable smoother data flow between different healthcare technologies, improving the efficiency and interoperability of health information systems. Their platform allows healthcare organizations to seamlessly integrate new medical devices with existing IT infrastructure, reducing the time and complexity associated with device integration.
  • Qventus (Founded: 2016): Qventus aims to revolutionize healthcare operations by utilizing artificial intelligence (AI) to automate and optimize clinical and operational workflows in hospitals. The company’s platform connects medical devices with hospital IT systems to streamline patient flow, predictive analytics, and decision-making processes.

Top Player’s Company Profile

  • Haemonetics
  • GE HealthCare
  • Stryker
  • Abridge
  • Cavli Wireless
  • Clarius Mobile Health
  • Empatica
  • Hinge Health
  • Makani Science
  • Paradromics
  • Quibim
  • Solace
  • CeriBell
  • Redox
  • Qventus

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Global Medical Device Connectivity Market size was valued at USD 3.17 Billion in 2024 and is poised to grow from USD 3.88 Billion in 2025 to USD 19.15 Billion by 2033, growing at a CAGR of 22.1% during the forecast period (2026–2033).

The global medical device connectivity industry is highly competitive, with key players focusing on strategic collaborations, technological advancements, and innovative product offerings to gain a competitive edge. Companies are increasingly investing in IoT (Internet of Things) and AI-powered technologies to enhance the functionality of medical devices, streamline data management, and improve patient outcomes. For instance, in 2024, GE Healthcare collaborated with Samsung Electronics to develop advanced connected healthcare solutions that integrate AI and IoT, allowing for improved patient monitoring and diagnostic capabilities. 'Koninklijke Philips N.V. ', 'Cerner Corporation ', 'Medtronic ', 'General Electric ', 'Stryker ', 'iHealth Labs Inc. ', 'Cisco Systems, Inc ', 'Masimo ', 'Infosys Limited ', 'Baxter ', 'TE Connectivity ', 'Lantronix Inc ', 'Hill-Rom Services Inc. ', 'Silex Technology America, Inc ', 'Digi International Inc.'

The widespread adoption of connected medical devices is significantly driving the growth of the medical device connectivity industry. These devices enable seamless communication between healthcare systems and patient monitoring systems, allowing for real-time monitoring, data collection, and sharing between healthcare providers and patients. With an increasing emphasis on personalized healthcare and remote patient monitoring, the demand for medical device connectivity is expected to continue growing. For example, wearable health devices that monitor heart rate, glucose levels, or oxygen saturation levels are helping doctors monitor patients remotely, reducing the need for hospital visits.

Integration of Artificial Intelligence (AI) and Machine Learning: AI and machine learning technologies are increasingly being integrated into connected medical devices, enhancing their functionality. These technologies enable devices to analyze patient data in real-time, detect abnormalities, and provide predictive insights to healthcare providers. For example, AI-powered wearable devices can alert patients or doctors to potential health issues, such as heart arrhythmias or signs of a stroke, before they become life-threatening. This global medical device connectivity industry trend is expected to accelerate the growth of the market by improving patient outcomes and reducing healthcare costs.

As per regional forecast, North America plays a central role in the medical device connectivity market, owing to its advanced healthcare infrastructure, strong technological adoption, and government-driven initiatives to encourage digital health solutions. The integration of connected medical devices in North America is significantly supported by high levels of healthcare expenditure and a focus on innovation. This region has seen substantial advancements in telemedicine, remote patient monitoring, and wearable technologies, all of which rely heavily on medical device connectivity. Additionally, the evolving regulations in North America, like the U.S. FDA’s digital health guidance, are helping maintain high standards for innovation and safety, further fostering market growth.

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Global Medical Device Connectivity Market
Medical Device Connectivity Market

Report ID: SQMIG35A3014

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