Press release
IoT in Healthcare Market Competitive Landscape Outlook to 2024 - Microsoft Corporation, General Electric, IBM Corporation, Honeywell International Inc. and Cisco Systems Inc, Stanley Healthcare
North America IoT in healthcare market outlook is the prevalence of prominent companies along with presence of large number of advanced infrastructure in the region. In addition, escalating spending to upgrade regional infrastructure have further supported the proliferation of North America IoT in healthcare industry. Having an upper hand with respect to technological innovations have further contributed to the regional market growth, in turn making the continent to procure a major chunk of the overall market share. With U.S. at the forefront, North America dominates the overall geographical landscape of IoT in healthcare industry.Speaking of the future market scope, Asia Pacific has been proclaimed to emerge as one of the prominent grounds for the IoT in healthcare market players. Given the robust demand for advanced infrastructure & healthcare facilities in the region, Asia Pacific IoT in healthcare market is expected to carve out lucrative growth chart in the ensuing years. Increasing issues of corruption & exploitation in several emerging countries have subsequently necessitated the deployment of innovative models such as price transparency and e-catalogs procedure, thereby providing a boost to APAC IoT in healthcare industry share.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Amazon.com Inc.
2. Cisco Systems Inc.
3. General Electric
4. Hitachi Ltd.
5. Honeywell International Inc.
6. Huawei Technologies Co. Ltd.
7. IBM Corporation
8. Intel Corporation
9. Medtronic Inc
10. Microsoft Corporation
11. NEC Corporation
12. Oracle Corporation
13. PTC Inc
14. Qualcomm Inc.
15. SAP SE
The stand taken by regulatory bodies and regional governments have also influenced IoT in healthcare market outlook considerably. In fact, it has been observed that governments have been pressurizing healthcare centers to implement IoT, on the grounds of which numerous hospitals and clinics have deployed IoT technology to maximize patient comfort. In addition, many countries have commenced smart city programs incorporating healthcare IoT projects, which would also push IoT in healthcare market share. For instance, the Singapore government has collaborated with Intel and Dell to deploy the Internet of things for eldercare patient pilot project at the Saensuk Smart City. The large-scale deployment of smart city projects across several other countries will further stimulate IoT in healthcare industry size over the years ahead.
In the future, the integration of IoT in healthcare facilities is likely to increase the possibility of operating analytical tools and maintaining electronic health records. The growing renovation of established healthcare facility centers is another major factor that will push IoT in healthcare market size, slated to cross USD 10 billion by 2024.
Recently, the integration of the internet of things with artificial intelligence (AI) has changed the outlook of healthcare institutions, having fortified medical care data maintenance with improved storage capability, robust connectivity, and high security. The well-known participants in IoT in healthcare market are also focusing on AI-based IoT healthcare facilities. For instance, IBM has recently developed an AI system for hospitals that will help to carry out tedious tasks much more efficiently and flawlessly than humans
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