Smart Medical Devices Companies

ID: MRFR/MED/5031-HCR

200 Pages

Rahul Gotadki

Last Updated: February 16, 2025

Smart medical devices integrate advanced technologies, connectivity, and data analytics to enhance patient care, diagnosis, and treatment. These devices can monitor health metrics, provide real-time feedback, and transmit data to healthcare professionals. Companies in this field play a crucial role in developing, manufacturing, and distributing smart medical devices.

Smart Medical Devices Market

Market Size

Forecast Period2025-2035

CAGR (2025-2035)11.74%

2025 Market SizeUSD 96.88 Billion

2035 Market SizeUSD 294.10 Billion

Key Players

Medtronic

Abbott Laboratories

Philips Healthcare

Johnson & Johnson MedTech

GE HealthCare

Siemens Healthineers

Trends

Value-Based Reimbursement Policies
Edge-AI and On-Device Inference
5G-Enabled Remote Patient Monitoring

Opportunities

Subscription and Device-as-a-Service Models
Emerging-Market Government Procurement Programmes
Real-World Evidence and Data Monetisation

Summary Table of Contents Segmentation Methodology Download PDF

Top Industry Leaders in the Smart Medical Devices Market

Latest Smart Medical Devices Companies Update

September 2023:Abbott receives FDA approval for their FreeStyle Libre 3 glucose monitoring system, featuring a smaller sensor and extended wear time.

July 2023:Medtronic launches their Micra AV Azure™ pacemaker, the world's smallest pacemaker with remote monitoring capabilities.

June 2023:Apple releases watchOS 9 with new features like ECG app enhancements and sleep tracking improvements, expanding the functionality of their smartwatches in healthcare.

October 2023:A Phase 3 trial begins evaluating the use of smart patches for early detection of pressure ulcers in hospitalized patients.

August 2023:Researchers develop a new AI-powered algorithm that can analyze ECG data from smartwatches to detect early signs of heart failure.

July 2023:A study published in The Lancet Digital Health demonstrates the effectiveness of using smart inhalers to improve medication adherence in asthma patients.

List of Smart Medical Devices Key Companies in the Market

Abbott Laboratories
Apple Inc.
Dexcom, Inc.
Everist Genomics
F.Hoffmann-La Roche Ltd.
Fitbit, Inc.
Johnson & Johnson
Medtronic plc.
NeuroMetrix, Inc.
Omron Corporation
Philips Electronics
Samsung Electronics Co., Ltd
Sonova
Sotera Wireless
Vital Connect
Zephyr Technology Corporation

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