Global IoT healthcare market was valued at $92,694 million by 2019; growing at a CAGR of 22.7% till 2026

Global IOT Healthcare Market Research Historical Analysis 2016-2020 and Forecast 2021-2028

The Internet of Things (IoT) allows the centralized network of interconnected devices that can generate and exchange data within a single framework. IoT healthcare enables us to collect a massive amount of data about the patient’s illness which takes time to collect it manually. Medical IoT devices drop notifications to people about critical parts via mobile apps and other linked devices. IoT in healthcare enables machine-to-machine communication, interoperability, information exchange, and data movement that make healthcare service delivery effectively. The IoT for healthcare tracks data and gathers information in real-time, which provides a passive accumulation of analytics materials, with IoT-powered wearables, sensors, data analytics, and mobile opportunities, battling chronic diseases to become more efficient and accessible.

Top key players @ Medtronic (Ireland), Cisco Systems (US), IBM Corporation (US), GE Healthcare (US), Resideo Technologies (US), Agamatrix (US), Armis (US), Bosch (Germany), Capsule Technologies (US), Comarch SA (Poland), , , HQSoftware (Estonia), Huawei (China), Intel (US), KORE Wireless (US), , Microsoft Corporation (US), Oracle (US), OSP Labs (US), Oxagile (US), PTC (US), , Royal Philips (Netherlands), R-Style Labs (US)

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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The increasing technological advancements by the companies in IoT for healthcare is boosting the global IoT healthcare market. For instance, Resideo Technologies, Inc. has upgraded telehealth software to manage remote patient care. LifeStream update includes pain monitoring scale, patient health surveys, nearly 100 educational videos, and updated user interface to help healthcare providers improve patient care and reduce readmission rates, and drive efficiencies. Further, STANLEY Healthcare has introduced a cloud-based solution for monitoring conditions. The STANLEY Healthcare AeroScout Links IoT platform integrates smart sensors to enable small hospitals, pharmacies, outpatient service providers and other organizations to monitor cold storage and other aspects of their operations to maintain at specific conditions for safe patient care. Additionally, the rise in investment for healthcare IoT solutions, implementation of IoT solutions for reduced cost of care are key driving factors of the market. Additionally, the rise in investment for healthcare IoT solutions, implementation of IoT solutions for reduced cost of care are key driving factors of the market.

Devices, System & Software, and Services is the type segment of the market scope. The application segment is further divided into Patient Monitoring, Clinical Operation and Workflow Optimization, Connected Imaging, Fitness and Wellness Measurement, Drug Development, and Others. The end-user segment is categorized into Healthcare Providers, Patients, Healthcare Payers, Research Laboratories, and Government Authorities. The report covers the value of the global market by type, application, and end-user.

The market value IoT healthcare device was USD XX million in 2019, and it is expected to reach USD XX million by 2026, growing at a CAGR of XX during 2020-2026. IoT healthcare device has shown significant growth in 2019. IoT healthcare device includes wearable, implanted, and other stationary devices that are used in patient healthcare management. The commercialization of wearable sensor devices to capture human vitals and biometrics and delivers data from the patient to edge computing devices, as well as to the cloud would propel the market growth.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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