IOT in Healthcare Market Analysis Share Size and Growth Demand by 2020-2025

New York, October 27, 2020: The scope of the report includes a detailed study of global and regional markets on IOT in Healthcare Market with the reasons given for variations in the growth of the industry in certain regions.

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The IOT in Healthcare Market is expected to exceed more than US$ 271.50 Billion by 2024 at a CAGR of 30.5% in the given forecast period.

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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Medtronic PLC (U.S.), Royal Philips (Netherlands), Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), GE Healthcare (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Qualcomm Life, Inc. (U.S.), Honeywell Life Care Solutions (U.S.) and Stanley Healthcare (U.S.). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The IOT in Healthcare Market is segmented on the lines of its application, component. End-user and regional. Based on application segmentation it covers telemedicine, clinical operations and workflow management, connected imaging, inpatient monitoring, medication management. Based on component segmentation it covers medical devices, systems & software, service. Based on end user segmentation it covers hospitals, surgical centers, and clinics, clinical research organizations (CRO), government and defense institutions, research and diagnostic laboratories. The IOT in Healthcare on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The IOT has various applications in healthcare, from remote observing to smart sensors and medicinal gadget integration. It can possibly keep patients protected and sound, as well as to enhance how doctors deliver care too. Individuals are taking a gander at how to integrate things like the Fitbits and different wellness gadgets to bring tolerant gave information into the cycle of care delivery. Healthcare IoT can likewise help understanding engagement and fulfillment by enabling patients to spend more time speaking with their specialists. The number of connected devices and the huge amount of information they gather can be a challenge for hospitals IT department to manage. There is also a risk involved that how data should be kept secure after being exchanged by different gadgets. The part of the data scientists is something that as of now exists in bigger healthcare systems today, and such kind of data scientists role is gaining importance for their skill set. There are number of applications for the internet of things in healthcare, however the innovation is as yet advancing. While one of the difficulties of medicinal services IoT is the means by which to deal with the majority of the information it gathers, the eventual fate of IoT will rely on upon the capacity of human services associations to transform that information into important meaningful insights.

This report provides:

1) An overview of the global market for IOT in Healthcare and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for IOT in Healthcare.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The major driving factors of IOT in Healthcare are as follows:

  • Development of IoT solutions for reduced cost of care
  • Progression of artificial intelligence technology
  • Developing economies are gaining growth potential
  • Increase in investment for healthcare IoT solutions
  • Increasing Adoption of Tele presence Technology
  • Growing penetration of connected devices in healthcare

 The restraining factors of IOT in Healthcare are as follows:

  • Shortfall of skill in deploying IOT solutions
  • Growing Interoperability Risks Hospital Security
  • Absence of Governance Standards

Reasons to Buy this Report:

1) Obtain the most up to date information available on all IOT in Healthcare.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of IOT in Healthcare data.
4) Assess your competitor’s refining portfolio and its evolution.

The IOT in Healthcare has been segmented as below:

The IOT in Healthcare Market is Segmented on the lines of Application Analysis, Component Analysis, End User Analysis and Regional Analysis. By Application Analysis this market is segmented on the basis of Telemedicine, Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management and Others. By Component Analysis this market is segmented on the basis of Medical Devices, Systems & Software and Service.

By End User Analysis this market is segmented on the basis of Hospitals, Surgical Centers, and Clinics sector, Clinical Research Organizations (CRO) sector, Government and Defense Institutions sector and Research and Diagnostic Laboratories sector. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of World.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 IoT Healthcare Market, By Component

8 IoT Healthcare Market, By Application

9 IoT Healthcare Market, By Connectivity Technology

10 IoT Healthcare Market, By End User

11 Geographic Analysis

12 Competitive Landscape (Vendor Dive)

13 Company Profiles

13.1 Medtronic PLC

13.2 Royal Philips

13.3 Cisco Systems Inc.

13.4 IBM Corporation

13.5 GE Healthcare

13.6 Microsoft Corporation

13.7 SAP SE

13.8 Qualcomm Life, Inc.

13.9 Honeywell Life Care Solutions

13.10 Stanley Healthcare

13.11 Key Innovators

13.11.1 Diabetizer GmbH & Co. Kg

13.11.2 Proteus Digital Health, Inc.

13.11.3 Adheretech

13.11.4 Cerner Corporation

13.11.5 Physiq

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