EHR Intelligence May 21, 2018
Regulatory mandates favoring eHealth implementation have led to increasing EHR adoption, and in turn helped medical device connectivity grow.
The push for nationwide interoperability, while still ensuring health IT usability, has quickly become a top initiative for healthcare organizations. Subsequently, increases in health information exchange (HIE) systems and EHR adoption have also helped growth within the medical device connectivity market, research shows.
The medical device connectivity market is projected to reach approximately $2.67 billion by 2023, from $939.4 million in 2018, according to a ResearchAndMarkets report. The growth will also occur at a CAGR of 23.2 percent.
Strong IT infrastructure in North America helped fuel its market growth, the report noted. Increasing investments and regulatory mandates on implementing eHealth solutions,...