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IoT in Healthcare Market Expected to Grow US$ 135.9 billion by 2025 - Medtronic,Siemen,Proteus,IBM,Qualcomm
This Report Provides an In-depth Insight of IoT in Healthcare Market covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.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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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 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.
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The List of Companies :
GE Healthcare
IBM Corp.
Koninklijke Philips N.V.
Medtronic plc.
Microsoft Corporation
Proteus Digital Health, Inc.
Qualcomm Life, Inc.
Siemens Healthcare GmbH
STANLEY Healthcare
Verily Life Sciences LLC.
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