We outline the market outlook for wireless connectivity in the medical devices industry — from investment trends and leading companies to recommendations for the players in the space.
What is wireless connectivity?
Wirelessly connected devices use electromagnetic waves to transfer data between 2 or more points without a physical connection. These include handheld exam tools, wearable ambulatory monitors, and large, stationary medical equipment.
Clinical applications are becoming more linked, proactive, and personalized due to these devices’ data volume and frictionless transfer. Wireless devices increase providers’ workflows, asset use, staffing, and Capex spending.
Features & capabilities
Wireless connectivity provides medical device leaders with several capabilities, including:
- Multi-factor authentication
- Remote patient monitoring
- Delivery of digital education
- Digital therapeutics
Wireless connectivity offers these substantial benefits to medical device leaders:
- Improved patient experience
- Improved clinical outcomes
- Reduced cost of care
- Increased operational efficiencies
Want the full expert post? Become a CB Insights customer.
If you’re already a customer, log in here.