Product Code: RP-ID-10222573 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10222573
Market Overview:
IoT Healthcare Market Analysis By Component (Medical Devices, System & software, and Services); By Application (Telemedicine, Medication Management, Clinical Operations, Inpatient Monitoring, Connected Imaging, and Others); By End-User, By Region & Segment Forecast, 2017 – 2025
In this report, the Internet of Things (IoT) Healthcare market was valued at USD 28.42 Billion in 2015, and is projected to reach USD 337.41 billion by 2025, growing at a CAGR of 28.2% over the forecast period.
"Internet of Things (IoT) Healthcare Market", published by Xpodence Research, provides extensive insight and analysis of the Internet of Things (IoT) Healthcare market over the next eight years (2015-2025) and acts as a vital point of reference for operators or suppliers.
Rising investments in healthcare IoT solutions, implementation of IoT solutions for cost reduction, and the growing penetration level of connected devices in the healthcare industry are few factors projected to spur the IoT healthcare industry. Growing awareness for advancement in AI technology and disease management tools such as remote patient monitoring, telemedicine, and Health Management Information Systems (HMIS) is also anticipated to gain traction globally.
Healthcare sector has started focusing on implementing IoT & AI technology to improve patient care by various technologies including interoperability of medical devices, digital patient experience, and scalable therapeutics. UroSense App by Future Path Medical for catheterized patients to check their body temperature and urine output, Niox Mino App by Aerocrine for routine measurements of Intric Oxide in a patient's breath are few apps launched by healthcare sector implementing IoT technology.
Adoption of IoT in research and diagnostic centers enable reduction in diagnostic cost, improvement in patient care, and reduction of machine downtime accelerating the usage of connected equipment. Inpatient monitoring has been projected to emerge as the largest application segments owing to rising demand for continuous patient care services, real-time disease management, and effective treatment outcomes.
The report includes -
Segmentation: On the basis of component, the report displays the revenue, market share and growth rate of each type, primarily split into
• Medical Devices
• System & Software
• Services
On the basis of application, the report displays the revenue, market share and growth rate of each type, primarily split into
• Telemedicine
• Medication Management
• Clinical Operations
• Inpatient Monitoring
• Connected Imaging
• Others
On the basis of end-user, the report displays the revenue, market share and growth rate of each type, primarily split into:
• Hospitals, Surgical Centers, and Clinics
• Clinical Research Organization (CRO)
• Government and Defense Institutions
• Research and Diagnostics Laboratories
Geographic Segmentation: This report split global market into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of Internet of Things (IoT) Healthcare market for these regions, from 2015 to 2025 (forecast)
North America: U.S., Rest of North America
Europe: Germany, France, UK, rest of Europe
Asia Pacific: China, Japan, India and Rest of Asia Pacific
Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
Latin America: Brazil and Rest of Latin America
Key players: Overview of market leaders in Internet of Things (IoT) Healthcare market by top manufacturers/players, with Internet of Things (IoT) Healthcare market revenue (Billion USD) and market share for each manufacturer/player; the top players including Medtronic Inc., Koninklijke Philips N.V., General Electric Company, International Business Machine (IBM) Corporation, Microsoft Corporation, Cerner Corporation, Proteus Digital Health Inc., AdhereTech Inc., Google, and Cisco Systems.Segmentation: Based on types, the market has been segmented to illustrate the revenue, market share and growth rate of each type, mainly split into
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