Internet of Things (IoT) in Healthcare Market is Expected to Experience a Swift Development by 2025

According to the new research report published by Transparency Market Research, the global IoT in healthcare market is on course to achieve a stellar growth in coming years of the forecast period. The competitive landscape of the global market is extremely intense and is one of the reasons behind its overall development. The leading players in the global IoT in healthcare market are projected to pool in their resources for the fuelling the activities of research and development. Some of the other leading vendors in the market are concentrating on inorganic marketing strategies such as collaborations, joint ventures, mergers, and acquisitions to expand their business operations.

internet-things-healthcare-market.jpg

Increasing Focus on In-patient Monitoring

A key trend that has been emerging in the global IoT in healthcare market is the growing focus on the solutions of in-patient monitoring. For instance, GE Healthcare recently launched a wide range of product portfolio for in-patient monitoring. In it, there are new equipment for networking, cuff accessories, care ports, and patient monitors. Such developments are expected to propel the global IoT in healthcare market to newer heights.

Some of the leading companies in the global market for internet of things in healthcare market include names such as Medtronic Inc., Honeywell International Inc., IBM Corporation, General Electric Company (GE Healthcare), and Microsoft Corporation among others.

As per the research report, the global IoT in healthcare market is will exhibit a massive CAGR of 20.6% for the given forecast period of 2017 to 2025. With this massive growth rate, the valuation of the global market is estimated to reach the mark of US$322.77 bn by end of 2025.

Request PDF Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11975

Interconnectivity Platforms Have Helped in Market Growth

The healthcare sector has benefitted hugely because of the recent technological developments. The rise of technology that interconnects important medical devices and equipment has been particularly helpful for the development of the healthcare sector. These devices are mainly used for patient notification in case of emergency or abnormalities, observing patterns, reading, and patient monitoring among other activities. The technology is also deployed for making informed decisions and monitoring of risks. One of many important driving factors for the global market have been the growing use of the connected technology in the healthcare domain for the management of clinical tasks and operational workflow. It has presented the market players with an opportunity to develop a platform to note the potential system downtime by automating the alert system.

Market Segmentation is as follows:

Component

Hardware
Portable Diagnostic Devices
On-body Wearable
Others
Non-Portable Diagnostic Devices
Software
Services
Application

Telemedicine
Medication Management
Clinical Operations
Patient Monitoring
Connected Imaging
Others
End-use

Hospitals
Pharmaceuticals
Clinics & Laboratories
Technology

Bluetooth
Wi-Fi
NFC
Zigbee
RFID
Others (Cellular, Satellite, Zwave, EnOcean)
Region

North America
The U.S.
Canada
Rest of North America
Europe
Germany
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle-East & Africa
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Rest of South America
Important queries related to the keyword market addressed in the report:

What is the projected value of the keyword market in 2029?
In which region is the concentration of tier 1 companies the highest?
How have the evolving regulatory policies influenced the growth of the keyword market?
How are market players expanding their footprint in the global keyword market?
Which end-use is expected to dominate the keyword market in terms of share and demand?
Why Choose TMR?

Unbiased conclusions and market insights
24×7 customer service available to address client queries
Highly efficient and experienced team of analysts striving to create top-quality reports
Our reports have facilitated the growth of over 500 companies
A systematic and methodical market research process

Contact Us

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

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

This release was published on openPR.