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Rising Demand for Asia-Pacific IoT in Healthcare Market Key Players, Growth Analysis during 2019-2025

02-02-2022 08:29 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Asia-Pacific IoT in Healthcare market is expected to witness a significant growth with the CAGR of 22% during the forecast period. Use of IoT in Healthcare allows enhanced drug management. As the healthcare industry faces numerous challenges to compete with the high expense of creating and managing drugs, IoT is the major breakthrough for it. The average cost of developing an approved drug to be around 55 million along with a multi-billion-dollar fraudulent drug industry to add to the trouble. Additionally, this technology might help drug companies and healthcare providers to mollify their risks as well as losses.

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Moreover, IoT healthcare allows augmented asset monitoring and tracking. Industrial-scale analytics and interconnected machines, data and people offer optimized asset monitoring and operations. Several enterprise grade technologies including distributed computing and big data analytics, asset management beside M2M communication and mobility deployed on machines, premises or cloud platforms possess capabilities to provide drastically efficient and cost-effective results by IoT applications.

Asia-Pacific IoT in healthcare market is segmented on the basis of component, application, and end-users. Based on the component, the market is segmented into medical devices, software & solutions, and services. Based on the application, the market is segmented into inpatient monitoring, telemedicine, connected imaging, and drug development. Further, based on the end-users, the market is segmented into healthcare providers and research laboratories.

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A full Report of Asia-Pacific IoT in Healthcare Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-iot-in-healthcare-market

Asia-Pacific IoT in Healthcare Market Segmentation

By Component

· Medical Devices

· Software and Solutions

· Services

By Application

· Inpatient Monitoring

· Telemedicine

· Connected Imaging

· Drug Development

By End-Users

· Healthcare Providers

· Research Laboratories

Regional Analysis

· Asia-Pacific

· China

· India

· Japan

Rest of Asia-Pacific

Company Profiles

· Alphabet Inc.

· Amazon Web Services, Inc.

· Apple Inc.

· Cisco Systems Inc.

· GENERAL ELECTRIC

· Honeywell Life Care Solutions

· IBM Corp.

· Koninklijke Philips N.V.,

· Medtronic Plc

· Microsoft Corp.

· SAP SE

· ST. Jude Medical Inc.

· STANLEY Healthcare

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
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.

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