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Internet of Things (IoT) Healthcare Market 2021 Seeking Growth from Emerging Study Drivers, and Forecast with Apple Inc., Cisco Systems Inc., GE Healthcare Ltd and More

06-13-2019 08:10 AM CET | Health & Medicine

Press release from: Allied Market Research

Internet of Things (IoT) Healthcare Market

Internet of Things (IoT) Healthcare Market

Internet of Things (IoT) Healthcare Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $136.8 billion by 2021, registering a CAGR of 12.5% during the forecast period 2015-2021.

Services and system & software segments collectively occupydominant share in the global IoT healthcare market and is expected to drive the growth over the forecast period. Patient monitoring application segment is expected to maintain its lead position with $72.7 billion by 2021.

Download Sample PDF Brochure of Internet of Things (IoT) Healthcare Market Study at: https://www.alliedmarketresearch.com/request-sample/1082

The IoT healthcare market is anticipated to grow at a significant pace, owing to easy availability of wearable smart devices, increasing need for stringent regulations and decreasing cost of sensor technology. Furthermore, launch of technological advanced devices (smart shirts, smart lenses, smart bands and others) & analytics software, rising incidence rates of chronic diseases, surging demand for cost-effective treatment & disease management, better accessibility of high speed internet and implementation of favorable government regulatory policies, are also expected to fuel the growth of this market.

Improvement in healthcare infrastructure in developing economies, increase in government support, high R&D investments by major players in developing better IoT infrastructure are expected to offer potential growth opportunities to the market. However, factors such as high costs associated with IoT infrastructure development, data privacy and security concerns, lack of awareness in developing economies and limited technical expertize are projected to restrain the market growth.

Services segment contributed to more than half of the market share in the overall IoT healthcare market in 2015. The segment covers architecture services for integration, consulting services for training & teaching and application development services to support & maintenance. Additionally, devices segment is expected to grow at highest growth rate during the forecast period owing to novel technological advancements and increasing popularity of wearable sensor devices.

The North American internet of things (IoT) healthcare market is projected to offer beneficial growth opportunities during the forecast period owing to well established healthcare infrastructure, high patient awareness, increasing government supports and high investment from major IoT players. In North America, the U.S. dominates with maximum shares in IoT healthcare market.

The key companies profiled in the report are Apple Inc., Cisco Systems Inc., GE Healthcare Ltd., Google (Alphabet), International Business Machines Corporation, Medtronic PLC, Microsoft Corporation, Qualcomm Life Inc., Proteus Digital Health, Koninklijke Philips N.V. and St. Jude Medical Inc.

Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1082

Key Benefits for Stakeholders:

• Comprehensive analysis of factors that drive and restrict the growth of the market is provided in the report.
• The study provides an in-depth analysis of the IoThealthcare market with current and future trends to elucidate the imminent investment pockets in the market.
• The report provides a quantitative analysis through 2014-2021, which would enable the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis of the internet of things in healthcare market, by component, helps in understanding the components of the internet of things that are currently used along with the variants which would gain prominence in future.
• Competitive intelligence, among top players helps in understanding the competitive scenario across geographies.
• SWOT analysis highlights the internal environment of leading companies for effective strategy formulation.

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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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