Over $320 Billion, Healthcare IoT Market - 2025, leading players are Cisco, Microsoft, IBM, SAP, Qualcomm, Honeywell, GE, Siemens, Medtronic, Philips, Boston Scientific (US), Johnson & Johnson, BIOTRONIK, Omron, AgaMatrix, STANLEY, AliveCor, iHealth

Meticulous Research®– leading global market research company published a research report titled “Healthcare IoT Market by Component (Medical Device, Connectivity Solutions, Systems & Software, Services), Application (Telemedicine, Clinical Operations and Workflow Management, Medication Management, Connected Imaging, Inpatient Monitoring), & by End User – Global Forecast to 2025”.

According to this latest publication from Meticulous Research®, the global healthcare IoT market is expected to grow at a CAGR of 29.9% to reach $322.2 billion by 2025. The overall growth in the healthcare IoT market is driven by factors such as, increasing number of digital health initiatives from governments across the globe, increasing need to reduce the cost of healthcare, rising focus on patient centric care delivery, and increasing penetration of smartphones and high-speed networking and connectivity solutions.

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On the basis of end user, the healthcare IoT technologies market among hospitals and clinics commanded the largest share of the healthcare IoT technologies market in 2018. Growing adoption of IoT enabled medical devices among healthcare providers in order to improve the efficiency of care delivery and enable patient-centric care delivery services are some of the key factors contributing to the growth of this market.

The increasing demand for connected medical devices in emerging economies across APAC and Latin American regions owing to growing and improving healthcare infrastructure in these regions and increasing demand for healthcare services in light of increasing per capita incomes is also expected to contribute to the growth of the healthcare IoT technologies market among hospitals and clinics during the forecast period.

This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada), Europe (Spain, France, Italy, Germany, U.K., and RoE), Asia-Pacific (China, India, Japan, and RoAPAC), Latin America, and Middle East & Africa. North America accounted for the largest share of the healthcare IoT technologies market in 2018. However, during the forecast period, the APAC market is expected to register the fastest CAGR.

Browse in-depth Report on https://www.meticulousresearch.com/product/healthcare-iot-market/244/

The major players operating in the healthcare IoT technologies (IoT platforms and connectivity technologies) market include Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Qualcomm Life, Inc. (U.S.), Honeywell Life Care Solutions (U.S.). Whereas, the leading players offering IoT-enabled medical devices include GE Healthcare (US), Siemens Healthineers (Germany), Medtronic (US), Philips (Netherlands), Honeywell Life Care Solutions (US), Boston Scientific (US), Johnson & Johnson (US), BIOTRONIK Germany), Omron (Japan), AgaMatrix (US), STANLEY Healthcare (US), AliveCor (US), iHealth Lab (US), and Welch Allyn (US).

Key questions answered in the report-

Which are the high growth market segments for healthcare IoT in terms of medical devices, connectivity technologies, systems and software, and IoT support services segments?
What was the historical market for healthcare IoT technologies across the globe?
What are the market forecasts and estimates for the period 2018-2025?
What are the geographical trends and high growth regions/ countries?
What are the major drivers, restraints, opportunities, and challenges in the global healthcare IoT technologies market?
Who are the major players in the global healthcare IoT technologies market?
How is the competitive landscape and who are the market leaders in the global healthcare IoT technologies market?
What are the recent developments in the global healthcare IoT technologies market?
What are the different strategies adopted by the major players in the global healthcare IoT technologies market?

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About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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This release was published on openPR.