IoT in Healthcare Market Outlook to 2025 - Business Opportunity and Application Analysis GE Healthcare, IBM Corp., Koninklijke Philips N.V., Medtronic plc., Microsoft Corporation, Proteus Digital Health, Inc.
IoT in Healthcare market is expected to grow US$ 135.9 billion by 2025 from US$ 20.2 billion in 2015.
Solution segment of IoT in Healthcare market is expected to continue its dominance. Solution segment comprises of medical systems & devices and software solution & tools. On-body wellness devices under medical system & devices segment is growing at the fastest CAGR due to increasing awareness for self-health among the people resulting in rising adoption of fitness wearable devices such as smart watches, fitness bands, etc.
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A complete analysis of the competitive landscape of the global IoT in Healthcare market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost.
• To track and analyze competitive developments, such as product launches, agreements, partnerships, collaborations, and acquisitions in the global IoT in Healthcare market.
• To forecast the size of the market segments with respect to four major regional segments, namely, north america, europe, asia pacific, and the rest of the world (latin america and the middle east & africa).
The rising incidences of chronic diseases and number of elderly population along with the need to reduce the costs associated with healthcare is expected to drive the market growth. Several companies are partnering with each other to offer enhanced and improved solutions to the customers in order to increase IoT in Healthcare market market share.
IoT in healthcare market by end-user vertical is segmented into patients & individuals, diagnostic & research and labs, hospitals & healthcare institutes and government authority. The various government initiatives for increasing the deployment of IoT technologies in healthcare to reduce costs associated to healthcare facilities and need for optimization of clinical workflow for cost reduction and better patient outcome by healthcare institutions is propelling the IoT in Healthcare market market growth.
The major industry players in the IoT in Healthcare market include
Koninklijke Philips N.V.
Proteus Digital Health, Inc.
Qualcomm Life, Inc.
Siemens Healthcare GmbH
Verily Life Sciences LLC.
The overall IoT in Healthcare market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the IoT in Healthcare market.
Key questions answered in the report include:
• what will the market size and the growth rate be in 2025?
• what are the key factors driving the global IoT in Healthcare market?
• what are the key market trends impacting the growth of the IoT in Healthcare market?
• what are the challenges to market growth?
• who are the key vendors in this market space?
IoT in Healthcare Market – Key Points Covered
• Key Facts
• Business Description
• Financial Overview
• Product Portfolio
• SWOT Analysis
• Key Developments
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Save and reduce time carrying out entry-level research by identifying the market growth, size, leading players and segments in the global IoT in Healthcare market
highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the IoT in Healthcare market, thereby allowing players across the value chain to develop effective long term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging market
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the political, economic, social and technology impact of the five regions namely: north america, europe, asia pacific, middle east & africa and south & central america.
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