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Healthcare M2M Market Upcoming Trends | GE Healthcare, Apple Inc., Cisco Systems Inc., IBM Corporation

10-20-2021 02:45 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Healthcare M2M

Healthcare M2M

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐Œ๐Ÿ๐Œ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Healthcare is one of the most basic necessities that not only improves one's quality of life but also extends one's average lifespan, ensuring one's future stability. Machine-to-Machine (M2M) is a critical technology in healthcare for improving patient care and providing remote health monitoring options. Moreover, the recording is sent to a particular software program through wired or wireless connectivity, which transforms the recorded data into useable information for physicians sitting far away from the patient. These sensors may be implanted to a patient's body 24 hours a day, seven days a week, to allow doctors to monitor their health. Machine-to-machine communication may improve healthcare facilities in a variety of ways, including improved patient care and ease for both caregivers and care recipients. Machine-to-machine technology is divided into two categories: wired and wireless technologies. Both are connected to equipment of the same kind and allow communication between them.

๐“๐จ ๐†๐ž๐ญ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ โ€“https://www.coherentmarketinsights.com/insight/request-sample/1597

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

Increased healthcare expenditures worldwide, particularly in developed nations such as North America, are a key component driving development in the global healthcare M2M market. Patients' financial burden is increased when they visit hospitals, as hospitals have significant maintenance costs owing to pricey technology. As a result, M2M facilities would be advantageous to all of these healthcare stakeholders. The global incidence of chronic diseases like diabetes, cardiovascular disease, and cancer is fuelling the global healthcare M2M market's expansion. In 2017, the International Diabetes Federation's (IDF) Diabetes Atlas estimated that approximately 425 million people globally had diabetes. Cancer is one of the most common non-communicable diseases and the second largest cause of death globally, according to the World Health Organization (WHO). According to the International Agency for Research on Cancer (IARC), cancer affected approximately 14.1 million new cases, 8.8 million deaths, and 32.6 million people in 2012. As a result of the high frequency of chronic disease, regular monitoring and follow-up with a physician is required, which may not be achievable if physical infrastructure is only relied upon.

The global healthcare M2M market is growing due to continual advancements in wireless technologies that fill the gap between the health professional and the healthcare consumer.

๐€๐ฌ๐ค ๐…๐จ๐ซ ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ข๐ง๐  ๐“๐ก๐ข๐ฌ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.coherentmarketinsights.com/insight/request-discount/1597

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The global healthcare M2M market in North America is dominated by the region's rising concern over healthcare spending. The U.S. has the largest per capita health spending of about US$ 10,000, according to the Organization for Economic Cooperation and Development (OECD). M2M in healthcare has the potential to significantly cut costs. The expansion of the global healthcare M2M market is also being fueled by the rising prevalence of chronic diseases. According to a 2017 estimate by the International Diabetes Federation, the United States spends about US$377 billion per year on diabetes, accounting for around 52 percent of total healthcare spending. Healthcare M2M enables continuous diagnostics and prompt follow-up, lowering the risk of sudden cardiac mortality. The global healthcare M2M market is anticipated to increase due to a shortage of trained physicians.

Due to their large populations and lack of appropriate healthcare facilities, economies like China and India are projected to be profitable for the expansion of the healthcare M2M industry. During the forecast period, telemedicine facilities are also projected to boost market expansion in these areas.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Major companies contributing in the global healthcare M2M market are GE Healthcare, Athena health, Inc., IBM Corporation, Allscripts Healthcare Solutions Inc., Sierra Wireless, Inc., Gemalto NV., Deutsche Telekom, AT&T Inc., Stanley Healthcare, Cisco Systems Inc., and Apple Inc.

๐“๐จ ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ โ€“https://www.coherentmarketinsights.com/insight/buy-now/1597

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Coherent Market Insights
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Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
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India: +91-848-285-0837

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

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