Internet-of-Medical-Things Market is expected to see growth rate of 38.67% | Medtronic, NeuroMetrix, Meru Health

Global Internet-of-Medical-Things Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, players market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. According to AMA, the Global Internet-of-Medical-Things market is expected to see growth rate of 38.67%.

Major Players in This Report Include,
LifeFuels Inc. (United States), GENERAL ELECTRIC COMPANY (United States), CARRÉ TECHNOLOGIES INC. (Canada), Breathometer Inc. (United States), Medtronic (Ireland), Meru Health, Inc. (United States), Boston Scientific Corporation (United States), Atlas Wearables, Inc. (United States), Proteus Digital Health (United States), NeuroMetrix, Inc. (United States) and Honeywell International Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are VitalConnect (United States), Ekso Bionics (United States), BL Healthcare, Inc (United States), BioSerenity (France), Preventice Solutions, Inc. (United States), Lenovo (China), Vitls Inc. (United States) and AliveCor, Inc. (United States).

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The IoMT brings together the digital and physical worlds to improve the speed and accuracy of diagnosis and treatments and monitor and modify patient behaviour and health status in real-time. It also improves health care organisations’ operational productivity and effectiveness by streamlining clinical processes, information and workflows. According to expertise, IoMT market at USD 41.2 billion in 2017 and expects it to rise to USD 158.1 billion in 2022. The connected medical devices segment (helping to diagnose, monitor and treat patients) of the IoMT is expected to rise from USD 14.9 billion in 2017 to USD 52.2 billion by 2022. The rise of the IoMT comes at a time when health care is becoming increasingly expensive, with global health care spending expected to grow 4.2 per cent per year, from USD 7.1 trillion in 2015 to USD 8.7 trillion by 2020, largely due to a growing and ageing population, with more people living longer but with multiple comorbidities. As a result, without radical transformation, health care in many countries risks becoming increasingly unaffordable.

Market Trend
• High Adoption due to Real-Time Monitoring
• Growing Demand for Remote Medical Assistance

Market Drivers
• Increasing adoption of wearable devices and real-time healthcare service provision with the adoption of IoMT
• Cutback on expenditure incurred by patients due to a reduction of visitation to the physician

Opportunities
• High Adoption From Developing and Developed Countries
• Technological Advancement associated with Internet-of-Medical-Things

Restraints
• The growing concerns regarding the privacy of data amid growing levels of hacking and unauthorized access

Challenges
• The Issues associated with the lack of infrastructure and requirement of skilled professionals

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In this research study, the prime factors that are impelling the growth of the Global Internet-of-Medical-Things market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Internet-of-Medical-Things market study is being classified by Type, Applications and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The Global Internet-of-Medical-Things is segmented by Type (Smart Wearable Devices, Home-Use Medical Devices, Point-Of-Care Kits), Application (Real-Time Monitoring, End-to-End Connectivity, Data Assortment & Analysis, Tracking & Alerts, Remote Medical Assistance), Deployment Mode (On-Premise Based Services, Cloud-Based Services), End User (Hospitals & Clinics, Research Institutes & Academics, Homecare)

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Internet-of-Medical-Things market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Current Scenario Analysis for Decision Framework
Key Strategic Developments in Internet-of-Medical-Things Market:
The research includes the key strategic activities such as Research & Development (R&D) initiatives, Merger & Acquisition (M&A) completed, agreements, new launches, collaborations, partnerships & (JV) Joint ventures, and regional growth of the key competitors operating in the market at global and regional scale to overcome current slowdown due to COVID-19.

Key Market Features in Global Internet-of-Medical-Things Market
The report highlights Internet-of-Medical-Things market features, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption, import & export, demand & supply, cost bench-marking in Internet-of-Medical-Things, market share and annualized growth rate (Y-o-Y) and Periodic CAGR.

Extracts from Table of Contents
Global Internet-of-Medical-Things Market Research Report
Chapter 1 Global Internet-of-Medical-Things Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued

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This report also analyzes the regulatory framework of the Global Markets Internet-of-Medical-Things Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

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