Healthcare M2M Market | M2M Healthcare Solutions Gain Traction in Sports and Fitness Applications
The leading players are developing advanced M2M platforms that address remote patient monitoring and help in bridging the patient-physician gap. Numerous companies are entering into strategic alliances, in a move to consolidate their market presence and enhance their brand value. These M2M solutions are aimed at improving the affordability and quality of care, reducing administrative costs, and increasing the accuracy of diagnosis.
The valuation of the healthcare M2M market stood at US$1.56 bn in 2014 and is anticipated to grow at a CAGR of 22.5% from 2015 to 2023. Growing at this pace, the opportunities in the market is expected to surge to US$10.05 bn by the end of the forecast period.
View Report -
Geographically, North America is expected to dominate the healthcare M2M market throughout the forecast period. The increased deployment of healthcare M2M solution in this regional market is attributed to the several benefits, attributed mainly to patent-centric focus of a number of healthcare facilities. The regional market is projected to reach US$3.08 bn by the end of the forecast period.
Based on application, the healthcare M2M market is segmented into patient well-being, medical facilities, sports and fitness, implants, and research and education; of these the patient well-being segment is expected to occupy a gargantuan share in the market. The application of M2M technologies in the area of patient well-being is driven by the substantial benefits enjoyed by healthcare institutions in terms of operational improvements and reduced administrative costs.
Request to View Sample of Report -
A variety of factors are pushing the demand for M2M solutions in the healthcare sector. The demand for reducing the gap between patients and physicians, the need for safer patient care, and substantial improvements in efficiency and accuracy are the crucial factors boosting the uptake of M2M connectivity solutions in healthcare. The paucity of qualified care professionals has led to a marked gap between patients and physicians. The demand for better patient monitoring methods for a large part of populations suffering from chronic ailments is anticipated to boost the healthcare M2M market. The need for remote monitoring of populations through the connectivity of patient care devices with the implementation of IoT systems at hospitals and care centers has bolstered the uptake of M2M in healthcare.
The need for reducing operational cost for the management of large number of operations in hospitals has propelled the need for the healthcare M2M solutions across various regions. The advent of patient-centric solutions in various developing regions to improve treatment procedures has catalyzed the market.
Request to View Brochure of Report -
The lack of a standardized connected device platform among vendors is a key factor likely to hinder the healthcare M2M market to some extent. Nevertheless, with the proliferation of IoT, the adoption of M2M solutions will become more pervasive, which is expected to open promising opportunities for the development of a common platform for the delivery of M2M solutions. Furthermore, the growing popularity of IoT and advancements in alternate connected technologies are expected to accentuate the healthcare M2M market. In addition, the adoption of wearable devices among health-conscious people is expected to open up abundant opportunities for market players.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Healthcare M2M Market | M2M Healthcare Solutions Gain Traction in Sports and Fitness Applications here
News-ID: 1419828 • Views: 360
More Releases from Transparency Market Research
Voltage Detectors Market – Evolving Technology Trends and Industry SWOT Analys …
The global voltage detectors market includes large number of players. Some of the key players are Texas Instruments, Toshiba, ROHM Semiconductor Sharp Microelectronics, Analog Devices Inc., STMicroelectronics, ON Semiconductor, Torex Semiconductor, Taiwan Semiconductor and Seiko Instruments. Browse Our Report @ https://www.transparencymarketresearch.com/voltage-detectors-market.html Voltage Detector is a testing equipment generally used to determine the existence or absence of an electrical charge in an object. It is highly suggested for conditions where power issues exist.
Switched Capacitor Filters Market : Key Segments, Maket Insights, Regional Outlo …
Major players in the global switched capacitor filters market are Texas Instruments Incorporated, Analog Devices, Inc., Maxim Integrated, Inc., Siemens AG, Eaton Corporation, and among others. Browse Our Report @ https://www.transparencymarketresearch.com/switched-capacitor-filters-market.html A switched capacitor filter is an active filter based on the consideration that a switching of capacitors between two circuit nodes at an adequately high rate that is equivalent to a resistor connecting these two nodes. The switched capacitor filters are
Current Calibrator Market : Recent Industry Developments And Growth Strategies A …
Key players operating in the global current calibrator market include Valhalla Scientific, Rotek Inc., Time Electronics, PCE Instruments, Martel Electronics, AOIP Instrumentation, Extech Instruments, Yogokawa Test & Measurement Corporation, Extech Instruments, REED Instruments, Fluke Corporation, and others. These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the
Damp Meter Market – Outlook by Responsible Drivers, Restraints, Demand
Key players operating in the global damp meter market include PCE Instrument, Delmhorst Instrument Co., GENERAL TOOLS & INSTRUMENTS LLC, FLIR Systems, Inc. designs, Panomex Inc., These players are actively focusing on organic and inorganic growth strategies in order to gain a competitive advantage in the market. Some of the important strategies adopted by the leading players in the global market are collaborations, partnerships, agreements, and new product launches. The
More Releases for M2M
M2M Services Market - Improved Internet Connectivity Ramps M2M Services Demand
The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
M2M Services Market: Improved Internet Connectivity Ramps M2M Services Demand
The global M2M Services Market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
Worldwide Technology of M2M Bible 2017
ALBANY, NY, May 12, 2017 : Despite its low ARPU, the wireless M2M market has become a key focus of many mobile network operators as their traditional voice and data markets become saturated. Likewise, government and regulatory initiatives such as the EU initiatives to have a smart meter penetration level of 80% by 2020 and the mandatory inclusion of automotive safety systems such as eCall in all new car models,
Australia - Cloud Computing, Data Centres And M2M
Technologies that are shaping the Digital Economy Cloud Computing and Big Data Already more than a decade ago BuddeComm started talking about the great potential of Application Service Providers (ASPs) but, together with the data centres, they were dunked in the dotcom crisis. Even then we indicated that the concept was sound and that it had great potential. Now over a decade later they are back, but this time under the name of
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.
M2M Challenge announcing new partner Engerati
Herrsching, Germany – The world’s leading competition for m2m communication, the M2M Challenge, is pleased to announce Engerati as a new cooperation partner. Engerati is part of the Clarion Events Group and an online Smart Energy platform. Launched in 2012 at the European Utility Week and created as a meeting place for energy professionals, it has since become a central destination for Smart Energy professionals to network, and access a