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Comprehensive analysis on Internet of Things (IoT) in Healthcare Market | Key Players are Medtronic PLC, Royal Philips, Cisco Systems, Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life, Inc., Koninklijke Philips N.V., Hone

04-17-2019 07:45 AM CET | Health & Medicine

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Internet of Things (IoT) in Healthcare Market

Internet of Things (IoT) in Healthcare Market

This detailed presentation on ‘Internet of Things (IoT) in Healthcare market’ accumulated by Market Study Report, LLC, features an exhaustive study conveying influential trends prevailing in the global business sphere. The report also presents significant details concerning market size, market share and profit estimations to offer an ensemble prediction about this business. Moreover, this report undertakes an accurate competitive analysis emphasizing growth strategies espoused by market leaders.

According to a new study the global Internet of Things (IoT) in healthcare market is anticipated to reach USD 477.9 billion by 2025. The key players operating in global IoT healthcare market include Medtronic PLC, Royal Philips, Cisco Systems, Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life, Inc., Koninklijke Philips N.V., Honeywell Life Care Solutions, and Stanley Healthcare among others. Major market players are focused on strategic partnership, innovative product launches to maintain their positions in IoT healthcare market.

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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.

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.

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. The services segment by component is further segmented into three major categories including managed services, system integration & consulting services, and support & maintenance services.

By end user, the global IoT in healthcare market is further segmented into hospitals, clinics and surgical centers, clinical research organization, diagnostics and research labs, and defense and government institutes. Clinical Research Organization (CRO) segment is expected to register high growth during the forecast period. Increasing adoption of IoT in pharmaceutical and biotechnology industry for development of efficient healthcare infrastructure is expected to drive the growth of this segment in the global market.

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Table of Contents

1. Overview and Scope
2. Executive Summary
3. Internet of Things (IoT) in Healthcare Market Insights
4. Internet of Things (IoT) in Healthcare Market Size and Forecast by Component
5. Internet of Things (IoT) in Healthcare Market Size and Forecast by Technology
5.1. Key findings
6. Internet of Things (IoT) in Healthcare Market Size and Forecast by Application
7. Internet of Things (IoT) in Healthcare Market Size and Forecast by End User
7.1. Key findings
8. Internet of Things (IoT) in Healthcare Market Size and Forecast by Regions
9. Company Profiles
9.1. Adhere Tech Inc.
9.1.1. Overview
9.1.2. Financials
9.1.3. Component Benchmarking
9.1.4. Recent Developments
9.2. Medtronic PLC
9.2.1. Overview
9.2.2. Financials
9.2.3. Component Benchmarking
9.2.4. Recent Developments
9.3. Royal Philips
9.3.1. Overview
9.3.2. Financials
9.3.3. Component Benchmarking
9.3.4. Recent Developments
9.4. Cisco Systems, Inc.
9.4.1. Overview
9.4.2. Financials
9.4.3. Component Benchmarking
9.4.4. Recent Developments
9.5. IBM Corporation
9.5.1. Overview
9.5.2. Financials
9.5.3. Component Benchmarking
9.5.4. Recent Developments
9.6. GE Healthcare
9.6.1. Overview
9.6.2. Financials
9.6.3. Component Benchmarking
9.6.4. Recent Developments
9.7. Microsoft Corporation
9.7.1. Overview
9.7.2. Financials
9.7.3. Component Benchmarking
9.7.4. Recent Developments
9.8. SAP SE
9.8.1. Overview
9.8.2. Financials
9.8.3. Component Benchmarking
9.8.4. Recent Developments
9.9. Qualcomm Life, Inc.
9.9.1. Overview
9.9.2. Financials
9.9.3. Component Benchmarking
9.9.4. Recent Developments
9.10. Koninklijke Philips N.V.
9.10.1. Overview
9.10.2. Financials
9.10.3. Component Benchmarking
9.11. Honeywell Life Care Solutions
9.11.1. Overview
9.11.2. Financials
9.11.3. Component Benchmarking
9.11.4. Recent Developments
9.12. Stanley Healthcare
9.12.1. Overview
9.12.2. Financials
9.12.3. Component Benchmarking
9.12.4. Recent Developments

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