Frost Radar™ – What Growth Strategies Can Help Your Team Lead in Medical Device Connectivity?

A benchmarking system to spark companies to action – innovation that fuels new deal flow and growth pipelines

Healthcare is increasingly shifting beyond hospital walls as facilities face mounting challenges, including shortages of skilled professionals and limited capacity to expand bed counts in response to rising patient volumes. This presents a major opportunity for medical devices connectivity (MDC) vendors as they develop patient-centric solutions tailored to the unique demands of home-based care. To support this transition, MDC companies are designing technologies that require minimal intervention from patients or caregivers, reducing the risk of data entry errors and enhancing the efficiency of care delivery. Home-based healthcare monitoring is accelerating in the United States and Europe as a strategy to curb escalating healthcare costs. The Asia-Pacific (APAC) region and the Middle East are expected to follow suit within the next two to three years, signaling a global transformation in care delivery.

The growth of basic connectivity solutions has plateaued, with most medical devices being integrated. As a result, MDC vendors are shifting their focus toward value-added services, such as data visualization, maintenance, and advanced analytics—tools that enhance clinical workflows and improve patient outcomes.

  • How will the shift to value-added services and advanced analytics enhance clinical workflows and improve patient outcomes through medical device connectivity solutions?
  • What best practices can help organizations leverage AI and machine learning (ML) to deliver smarter and data-driven healthcare services?
  • Which top companies are driving centralized health systems and reshaping the healthcare landscape?

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