openPR Logo
Press release

Healthcare M2M Market to Expand at a Robust 22.5% CAGR by 2023

10-24-2019 01:54 PM CET | Health & Medicine

Press release from: Transparency Market Research

According to TMR analysts, the global healthcare M2M market was valued at US$1.56 bn in 2014. The global market is projected to grow at an impressive 22.5% CAGR during the forecast period of 2015 to 2023 and reach US$10.05 bn by the end of 2023.

Among all applications in the global healthcare M2M market, the patient-wellbeing category is expected to gain maximum revenue share of the healthcare M2M market. This gain is due to the continuous rise of old-age group patients and rising occurrences of chronic disorders globally.

Obtain Report Details @ https://www.transparencymarketresearch.com/healthcare-m2m-market.html

North America is leading and presently holds maximum revenue share of the healthcare M2M market. This is mainly due to rising implementation of the latest innovations that have recently launched in the market. Also, Asia Pacific is projected to develop quickly in the global healthcare M2M market in the near future.

Growing Demand for Wearable Devices a Boon for Healthcare M2M Market

The growing number of patients dependent on supported living in which having key responder connectivity is essential to drive the market. Moreover, the growing demand for wearable devices among individuals who are health conscious is driving the demand for healthcare M2M-based devices. The application enables patients or individuals to be conscious about their fitness levels within a few clicks. The prime advantages of healthcare M2M is projected to cut down cost and lessen the risks associated with diagnosis and treatment, and this will eventually drives the global healthcare M2M market.

Request a Sample of Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8590

Less Trust on Advanced Devices to Deter Growth of the Healthcare M2M Market

Individuals in emerging economies are still far from the digitalization of the healthcare sector and most recent innovations in the same, and this has resulted into the less trust on advanced devices. Increment in the data and privacy security concerns is constraining the development of healthcare M2M market. This is due to HIS being additional equipment which utilizes and saves an individual’s medical data. Also, the absence of legitimate IT infrastructures in emerging economies is hampering the development of healthcare M2M market. However, telemedicine services are projected to boost the healthcare M2M market in the forthcoming years.

Request For Discount On This Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=8590

The global healthcare M2M market has a robust vendor landscape and highlights an intensified competition, says Transparency Market Research. This is predominantly attributable to the existence of numerous new entrants who are trying to venture into the global healthcare M2M market. There are also mature players in the industry who are exceling in the global healthcare M2M markets such as Sierra Wireless, Deutsche Telekom, China Mobile, Telefonica, and Telit Communications.

Request For Custom Research – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=8590

As stated by the American Heart Association, approximately 5 mn citizens of America are alive with heart disorder. Along with these, there is nearly 600 thousands new cases diagnosed every year. Therefore, to overcome this situation efficiently the ReliantHeart, American manufacturing ventricular assist Devices Company launched a Heart Assist Remote Monitoring System. This system is called as HeartAssist5. It is an M2M gadget that helps the patients feel safer about their heart health while traveling or at home. This device was created in association with Numerex, and uses the highly scalable, integrated, secure, fully hosted, and cloud-based Numerex FAST platform.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Healthcare M2M Market to Expand at a Robust 22.5% CAGR by 2023 here

News-ID: 1856411 • Views: 523

More Releases from Transparency Market Research

Impact of Outbreak of COVID-19 on Medical Education Market : Global Industry Ana …
Transparency Market Research (TMR) has published a new report on the medical education market for the period of 2019–2027. According to the report, the global medical education market was valued at nearly US$ 31 Bn in 2018, and is projected to expand at a CAGR of more than 4% from 2019 to 2027. Rise in the number of medical schools and increase in cost of medical education are the
Healthcare BI Platform Market Companies Analysis, Advancement and Precise Outloo …
In an intensely competitive healthcare business intelligence (BI) platform market, large players are aggressively focused on expanding their geographical outreach, says Transparency Market Research (TMR) in a new market intelligence report. These large players are leveraging the cloud business model to provide healthcare BI solutions that can be accessed irrespective of location. Apart from this, savvy players are entering into partnerships with hospital groups and healthcare bodies to integrate healthcare BI
Substance Abuse Treatment Market News Research Report 2024
A recent report by Transparency Market Research on the substance abuse treatment market in the U.S. states that the competitive landscape is highly fragmented. This is because around 242 companies compete against one another in it. This also makes overall competition stiff. Some of the companies that have beat competition to emerge as leading players in the market are Pfizer Inc., Alkermes Plc, GlaxoSmithKline Plc., and Purdue Pharma LP. Their
Clinical Oncology Next Generation Sequencing Market is Thriving Worldwide By Siz …
Clinical Oncology Next Generation Sequencing: Introduction Next generation sequencing for tumor and germline DNA is required for oncology screening for therapeutic application. Rise in burden of cancer increases the need for early detection of the condition to carry out the generate target therapy. Companies are investing to develop technologically advanced devices/solutions for precision detection. In 2012, Oxford Nanopore had launched the GridION sequencing platform, which can sequence a human genome in 15

All 5 Releases


More Releases for M2M

M2M Services Market - Improved Internet Connectivity Ramps M2M Services Demand
The global M2M services market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
M2M Services Market: Improved Internet Connectivity Ramps M2M Services Demand
The global M2M Services Market is featured by the dominance of some of the large telecom companies that have global presence, says a recent market publication by Transparency Market Research (TMR). Some of the prominent names in the global M2M services market are AT&T, Deutsche Telekom AG, Gemalto NV, PTC, Ericsson AB, EE Limited, Sprint.com, Aeris Communications Inc., PTC, Verizon Wireless, and Oracle. Keen players in the market are investing heavily
Australia - Cloud Computing, Data Centres And M2M
Technologies that are shaping the Digital Economy Cloud Computing and Big Data Already more than a decade ago BuddeComm started talking about the great potential of Application Service Providers (ASPs) but, together with the data centres, they were dunked in the dotcom crisis. Even then we indicated that the concept was sound and that it had great potential. Now over a decade later they are back, but this time under the name of
Cellular M2M Markets
Consistent growth driven mainly by Automotive and Utilities This report analyses the overriding trends and changes taking place in the M2M market around the globe. It explores the driving forces behind the market’s growth and transformation, including an examination of major market trends, plus volume and value forecasts up to 2020 by region (4) and by country (25). It also presents the quantitative evolution of cellular modules, by application and by networking technology.
Europe Agriculture M2M Market Report 2021
Big Market Research adds “Agriculture M2M Market” new report to its research database. The report spread across 100 pages with table and figures in it. This report studies sales (consumption) of Agriculture M2M in Europe market, especially in Germany, UK, France, Italy, Spain and Russia, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Aeris Dacom ELECSYS ELTOPIA Kontron Orange Business Services Verizon Vodafone Tyro Remotes Valley Irrigation Click
M2M Challenge announcing new partner Engerati
Herrsching, Germany – The world’s leading competition for m2m communication, the M2M Challenge, is pleased to announce Engerati as a new cooperation partner. Engerati is part of the Clarion Events Group and an online Smart Energy platform. Launched in 2012 at the European Utility Week and created as a meeting place for energy professionals, it has since become a central destination for Smart Energy professionals to network, and access a