openPR Logo
Press release

Internet of Medical Things (IoMT) Market 2018 Growth, COVID Impact, Trends Analysis Report 2023

01-19-2021 10:04 AM CET | Health & Medicine

Press release from: Orion Market Research

Internet of Medical Things (IoMT) Market

Internet of Medical Things (IoMT) Market

Global Internet of Medical Things (IoMT) market is predicted to grow at a significantly high growth rate during the forecast period (2018-2023). In the medical device industry, major growth has been observed as IoT based medical technology has been adopted widely in developed economies. The IoMT is a collection of medical devices and applications connected to healthcare IT systems via online computer networks. Currently, the most IoT initiatives in the medical industry have been revolving around the improvement of patient’s health including remote monitoring and telemonitoring. Large adoption of electronic health records (EHR) has been the major factor driving market growth. In 2016, more than 95% of hospitals were eligible for the Medicare and Medicaid EHR Incentive Program to have achieved meaningful use of certified health IT. Additionally, the presence of major market players such as Philips and GE healthcare and increasing healthcare spending act as major motivators of growth of the market.

Get Free Sample Copy @

High costs of IoT based medical devices along with lack of skilled professionals towards IOT technology act as major restraints for the market growth. The reason behind the high cost is the requirement of the installation of software, hardware, training fees, networking infrastructure, & IT support. However, increasing technological advancement supported by start-ups and rising demand for point of care medical devices countries are expected to drive the market growth during the forecast period.

Browse for Full Report Description@

The IoMT market has been segmented into North America, Asia-Pacific, Europe and Rest of the World. North America has been predicted to dominate the global Interne IoMT market due to well-established healthcare infrastructure and IT industry. Additionally, Asia-Pacific is expected to be the fastest growing region during the forecast period owing to rising digitalization in the healthcare sector and increasing adoption of EHR in the emerging countries.

Market Segmentation
Internet of Medical Things Market by Component
• Medical Devices
• Software and Solutions
• On-Premise Based Services
• Cloud-Based Services

Internet of Medical Things Market by Application
• Patient Monitoring
• Telemedicine
• Connected Imaging
• Drug Development
• Fitness and Wellness Measurement
• Others

Internet of Medical Things Market by End-User
• Hospitals and Clinics
• Research Institutes and Academics
• Homecare

Competitive Landscape
• Key Strategy Analysis
• Key Company Analysis

Regional Analysis
North America
• United States
• Canada
• United Kingdom
• France
• Germany
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World

Company Profiles
• Adheretech, LLC.
• AliveCor, Inc.
• Apple, Inc.
• BioSerenity SAS
• Carre Technologies, Inc.
• CenTrak, Inc.
• Chrono Therapeutics, Inc.
• Cisco Systems, Inc.
• Cue Health, Inc,
• EarlySense, Ltd.
• Evermind, Inc.
• EyeNetra, Inc.
• GE Healthcare
• GlucoVista, Inc.
• Google, LLC
• Honeywell International, Inc.
• IBM Corp.
• InfoBionic, Inc.
• iRhythm Technologies, Inc.
• Kinsa, Inc.
• Koninklijke Philips N.V.
• MAD Apparel, Inc.
• Mc10, Inc.
• Medtronic PLC
• Microsoft Corp.
• NeuroSky, Inc.
• Neurovigil, Inc.
• Owlet Baby Care, Inc.
• Qardio, Inc.

Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

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 Internet of Medical Things (IoMT) Market 2018 Growth, COVID Impact, Trends Analysis Report 2023 here

News-ID: 2227077 • Views: 984

More Releases from Orion Market Research

Lab Automation Market Size, Share, Industry Growth, Analysis and Forecast 2022-2 …
The global Lab Automation market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The key factors that are contributing to the market growth are the increasing development of new products with innovation and new technology integration is a key factor driving the market growth. For instance, • In February 2022, Festo launched the Modular Gantry Robot platform for laboratory-based automated liquid handling stated as
Teledentistry Market Trends, Segmentation, Growth, Analysis and Forecast 2022-20 …
The global teledentistry market is anticipated to grow at a considerable CAGR of 15.7% during the forecast period. The key factors that are contributing to the market growth are the increasing adoption of various strategies such as acquisition, mergers, and collaboration, among others by a prominent player in the teledentistry market. For instance, To learn more about this report request a sample copy @ • In January 2022, Grin partnered with
Wearable Injectors Market Size, Share, Industry Growth, Analysis and Forecast 20 …
The global wearable injectors market is anticipated to grow at a considerable CAGR of 11.8% during the forecast period. The key factors that are contributing to the market growth are the increasing adoption of several strategies adopted by key players operating the market such as new technology-based product development, new plant setup, acquisition, mergers, and collaboration among other. Tus attributed to it to expand globally and remain competitive in
Teleradiology Market Size, Share, Industry Growth, Analysis and Forecast 2022-20 …
The global teleradiology market is anticipated to grow at a considerable CAGR of 14.7% during the forecast period.  The key factors that are contributing to the market growth are increasing funding activity and new product development with innovation and integration of technology into products, and new services being implemented are such factors that drive teleradiology market growth. For instance,  In December 2020, 5C Network has received funding of $1.2 Million from existing investors,

All 5 Releases

More Releases for Medical

ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ Global Medical Casting & Splinting market 2019 research provides a basic overview of
Global Embolization Particle Industry 2018 - Sirtex Medical, Merit Medical, Cook …
The Global Embolization Particle Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Embolization Particle industry. Firstly, Embolization Particle Market report provides a basic overview of the Embolization Particle industry including definitions, classifications, applications and Embolization Particle industry chain structure. Global Embolization Particle Market analysis is provided for the international market including development history, Embolization Particle industry competitive landscape analysis, and major regions
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis. Get Free