Press release
Internet of Medical Things Market 2022 Widespread Expansion, Rising Business Opportunities with Prominent Investment, Forecast To 2027
Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.
The Global Internet of Medical Things Market size will grow from US$ Million in 2021 to US$ Million in 2027. The Global Internet of Medical Things Market will record a tremendous compound annual growth rate (CAGR) of 26% during the forecast period from 2021 to 2027.
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Regional Analysis:
According to the United States, Bureau of Labor Statistics, healthcare employment is likely to grow 16% from 2020 to 2030, much faster than the average for all occupations, with about 2.6 million new jobs. This projected increase is primarily due to an aging population, which indicates a higher demand for healthcare services. In May 2021, the median annual wage for healthcare practitioners and technical sectors (such as registered nurses, physicians and surgeons, and dental hygienists) was US$ 75,040, which was higher than the economy's median annual wage of US$ 45,760.
COVID-19 Impact:
Global COVID-19 cases have climbed above 516 million as of May 2022, and the death toll has exceeded 6.25 million. COVID-19 has disproportionately impacted specific racial and ethnic minority groups, as well as underserved and marginalized communities, highlighting the persistent challenges of health equity and health outcomes.
As sector players and the customers, they serve to adapt to a new world of remote working, virtual doctor visits, and a supply chain plagued by shortages of medical goods, employees, and services, the sector is reforming to become more customer-centric.'
Major Key Players in Global Internet of Medical Things Market are:
Agamatrix
Armis
Robert Bosch GmbH
Capsule Technologies
Comarch SA
GE Healthcare
HQSoftware
OSP Labs
Microsoft Corporation
IBM Corporation
Softweb Solutions
Sciencesoft
Welch Allyn
Oxagile
Siemens AG
Segmental Analysis:
The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the global Internet of Medical Things Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.
Segmentation Overview
The Internet of Medical Things Market is segmented into the following categories.
By Component:
Hardware
Software
Services
By Type:
On-body
Wristbands
Smart Garments
Others
In-hospital
Asset management monitors
Personnel management
Patient flow management
Inventory management
Others
In-home
Personal Emergency Response Systems (PERS)
Remote Patient Monitoring (RPM)
Others
By Application:
Mobility services
Emergency response intelligence
Kiosks
Point of care
Logistics
Others
By Enterprise Size
Small Enterprises
Medium Enterprises
Large Enterprises
By End-user:
Hospitals
Clinics
Pharmaceuticals
Laboratories
By Region:
North America
The U.S.
Canada
Mexico
Europe
The U.K.
Germany
France
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia & NZ
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
U.A.E.
Saudi Arabia
South Africa
Egypt
Rest of the Middle East & Africa
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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Astute Analytica
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