Press release
Internet of Things (IoT) in Healthcare Market is expected to reach USD 772.76 Billion by 2030 : Cognitive Market Research
Internet of Things (IoT) in Healthcare Market is expected to reach USD 772.76 Billion by 2030 : Cognitive Market Research
- In healthcare, the Internet of Things consists of the use of connected devices and sensors for the collection and transmission of real-time data about a patient's health, which allows more personalized and efficient care.
Summary:
- The Global Internet of Things (IoT) in Healthcare Market size is expected to grow from USD 228.21 Billion in 2022 to USD 772.76 Billion by 2030, at a CAGR of 14.4% during the forecast period.
"To know more about The Internet of Things (IoT) in Healthcare Market statistics click here: https://www.cognitivemarketresearch.com/internet-of-things-in-healthcare-market-report
Market Dynamics
- The increasing adoption of remote patient monitoring and the rising penetration of smartphones are some of the key factors driving the growth of the market. Moreover, increasing investments in implementing digital technologies in healthcare organizations are accelerating the market for the Internet of Things (IoT) in healthcare. The market is also driven by the need for more personalized and efficient care, as well as the potential for significant cost savings and improved patient outcomes.
- However, the market is likely to hinder by concerns about data security and privacy. The collection and transmission of sensitive patient data by IoT devices raise concerns about data security and privacy. Any data breaches or unauthorized access to patient information could result in significant financial and reputational damage for healthcare organizations. This factor is expected to hamper the growth of the Internet of Things (IoT) in the healthcare market.
Market Segmentation:
Component
• Medical Devices
• System and Software
• Services
Based on Components, the medical devices segment dominated the Internet of Things (IoT) in the healthcare market in 2022. This growth is attributed to the increasing demand for self-monitoring devices such as wearable fitness trackers, smartwatches, and medical sensors that can monitor vital signs such as heart rate, blood pressure, and glucose levels.
Connectivity Technology
• Cellular
• Wi-Fi
• Bluetooth
• LPWANs
• Zigbee
• RFID
Based on connectivity technology, the cellular network segment held the largest share of the market owing to its increased capacity, consumes less power, and improves usability, versatility, and portability for connected medical devices.
Application
• Telemedicine
• Connected Imaging
• Patient Monitoring
• Medical Management
• Clinical Operations
• Others
End-use
• Hospitals and Clinics
• Clinical Research Organizations
• Research and Diagnostic Laboratories
• Others
The Major Players in Internet of Things (IoT) in Healthcare Market are:
Apple, Cisco Systems, GE Healthcare, Google, IBM, Koninklijke Philips, Medtronic, Microsoft, Proteus Digital Health, Qualcomm Life, St. Jude Medical
Get free sample pages of the latest published Internet of Things (IoT) in Healthcare Report: https://www.cognitivemarketresearch.com/internet-of-things-in-healthcare-market-report/report_enquiry?id=4
Regional Analysis:
North America is a leading region of the Internet of Things (IoT) in the Healthcare market.
North America accounted for a significant share of the Internet of Things in Healthcare market in the year 2022. This is attributed to the increasing demand for remote patient monitoring and the growing adoption of electronic health records (EHRs) and other digital healthcare technologies such as telehealth, e-prescribing, and mHealth in North America. Moreover, increasing government support for Internet of Things (IoT) solutions in healthcare and the presence of large players is a major driving factors for the growth of the market.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Internet of Things in Healthcare Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Internet of Things in Healthcare Market Segmentation
1.5.1 Internet of Things in Healthcare Market Regional Fragmentation
1.5.1 Internet of Things in Healthcare Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Internet of Things in Healthcare Market
Chapter 4 Global Internet of Things in Healthcare Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Internet of Things in Healthcare Market by Component Segmentation Analysis (2018-2030)
Chapter 10 Global Internet of Things in Healthcare Market by Connectivity Technology Segmentation Analysis (2018-2030)
Chapter 11 Global Internet of Things in Healthcare Market by Application Segmentation Analysis (2018-2030)
Chapter 12 Global Internet of Things in Healthcare Market by End-use Segmentation Analysis (2018-2030)
Chapter 13 Global Internet of Things in Healthcare Market Regional Analysis
Chapter 14 North America Internet of Things in Healthcare Market Outlook (2018 - 2030)
Chapter 15 Europe Internet of Things in Healthcare Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Internet of Things in Healthcare Market Outlook (2018 - 2030)
Chapter 17 Latin America Internet of Things in Healthcare Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Internet of Things in Healthcare Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Internet of Things (IoT) in Healthcare Market TOC click here: https://www.cognitivemarketresearch.com/internet-of-things-in-healthcare-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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