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IoT Healthcare Market to Surpass at a Value of $405.65 billion by 2026

According to Stratistics MRC, the Global IoT Healthcare market is expected to grow from $41.22 billion in 2017 to reach $405.65 billion by 2026 with a CAGR of 28.9%. Increasing occurrence rates of chronic disorder, implementation of favorable strict government regulatory rules and evolution of artificial intelligence technology are some of the key factors driving the market growth. However, lack of efficiency in deploying IoT solutions, data privacy and security issues and limited technical knowledge are hampering the market.

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The Internet of Thing (IoT) is a technology implanted with software, sensors, electronics and network connectivity through which data can be collected and exchanged. It provides better quality care to the patient by simplifying the experience of healthcare. IoT simplify the experience in terms of cost and time saving.

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By component, system and software segment is expected to grow at a significant rate during the forecast period. Systems & software creates high data security and anatomy to the IoT Healthcare. By Geography, Asia Pacific is expected to grow at a fastest CAGR owing to rising number of hospitals and surgical centers in this region.

Some of the key players in the IoT Healthcare market include Royal Philips, Medtronic, IBM, Accenture PLC, Cisco Systems, GE Healthcare, Microsoft, Qualcomm Life, NEC Corporation, SAP, Honeywell Life Care Solutions, NXP Semiconductors, Stanley Healthcare, Hitachi Ltd., Bosch Software Innovations GmbH and Amazon.com Inc.

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Components Covered:

System and Software

Services

Medical Devices

 

Applications Covered:

Clinical operation and workflow optimization

Connected Imaging

Telemedicine

Medication Management

Inpatient Monitoring

Other Applications

Connectivity Technologies Covered:

Bluetooth Low Energy (BLE)

Cellular

Near Field Communication (NFC)

Zigbee

Wi-Fi

Satellite

 

End Users Covered:

Clinical Research Organizations (CRO)

Hospitals, Surgical Centers, and Clinics

Research and Diagnostic laboratories

Government and Defense authorities

 

Regions Covered:

North America

US

Canada

Mexico

Europe

Germany

UK

Italy

France

Spain

Rest of Europe

Asia Pacific

Japan

China

India

Australia

New Zealand

South Korea

Rest of Asia Pacific

South America

Argentina

Brazil

Chile

Rest of South America

Middle East & Africa

Saudi Arabia

UAE

Qatar

South Africa

Rest of Middle East & Africa

 

 

Table of Content

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global IoT Healthcare Market, By Component

6 Global IoT Healthcare Market, By Application

7 Global IoT Healthcare Market, By Connectivity Technology

8 Global IoT Healthcare Market, By End User

9 Global IoT Healthcare Market, By Geography

10 Key Developments

11 Company Profiling

 

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