Internet of Things (IoT) in Healthcare Market 2018-2025 Top Key Players: Medtronic PLC, Royal Philips, Cisco Systems, Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life, Inc., Koninklijke Philips N.V., Honeywell

According to a new study published by Polaris Market Research the global Internet of Things (IoT) in healthcare market is anticipated to reach USD 477.9 billion by 2025.

Internet of Things in healthcare integrates advance technology with medical devices to collect or exchange data, which can be used to create a well-organized healthcare system in terms of energy, time, and cost. Integration of IoT with medical devices helps to monitor patients more effectively. Data obtained from device assist physicians and healthcare providers to make decision regarding patients who require more care and attention. Moreover, IoT in healthcare helps in proactive management of disease by providing early diagnosis with accurate data.

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One of the important components of IoT based healthcare management system is e-health. Among various other services, an online appointment service is the most common e-health service. Online appointment services allow easy as well as quick access to online healthcare record of patient along with online interaction of a physician. Moreover, these service tracks and monitors location of specialist and patients and alarms user before expiry of equipment.

Increasing prevalence of chronic disease such as cardiovascular disease, neurological and cancer ailments, increasing demand for cost-effective disease management, advancement in IoT technology, and implementation of favorable government regulatory policies are the some of the key factors driving growth of the global IoT in the healthcare market.

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The global Internet of Things (IoT) in healthcare market is segmented on the basis of component, technology, application, and end user. By component, the global Internet of Things (IoT) in healthcare market is further segmented into system and software, medical devices, and services. The system and software segment is expected to witness highest growth during the forecast period.

System and software segment is further segmented into network management, remote device management, data analytics, application and network security. The medical devices segment is further segmented into implantable, stationary, and wearable medical devices.

Competitive Landscape
• Medtronic PLC
• Royal Philips
• Cisco Systems
• Inc.
• IBM Corporation
• Microsoft Corporation
• SAP SE
• Qualcomm Life
• Inc.
• GE Healthcare Ltd

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