5G in Healthcare Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global 5G in healthcare market is anticipated to grow at a significant CAGR of 51.5% during the forecast period (2023-2030). The growing adoption of 5G services in hospitals and other healthcare organizations is a key factor driving the growth of the global 5G in healthcare market. For instance, in April 2023, Cleveland Clinic of the US has selected Verizon Business to build a private 5G network into its newest hospital, Cleveland Clinic Mentor Hospital, which is scheduled to open in July 2023. It's the first US hospital to be built with this technology. The hospital will have 4 operating rooms, 19 emergency beds, 34 inpatient rooms, and imaging facilities. The 5G services in Mentor Hospital will be used for patient check-in kiosks, enhanced digital displays, and in-room infotainment for patients, asset tracking, AR/VR adoption for clinician education, patient education, assisted surgery, and imaging.

Moreover, in December 2022, Bharti Airtel, the second-largest telecom operator in India, partnered with Apollo Hospitals to carry out the country's first 5G-driven, AI guided Colonoscopy trials. This trial in India, conducted successfully on Airtel's 5G NSA (non-standalone) network. As per the Airtel with the powerful 5G network (low-latency and high processing capabilities), colon cancer was detected much faster and with greater accuracy too. Along with Apollo Hospitals, companies such as Amazon Web Services (AWS), HealthNet Global, and Avesha also collaborated with Airtel for this trial. The growing focus of network operators, service providers, and hospitals towards benefits of using 5G network is a key factor driving the growth of the global 5G in healthcare market. 

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Component
By Application

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes AT&T, Inc., Verizon, Ericsson, T?Mobile USA, Inc., and Cisco Systems, Inc., among others.

5G in Healthcare Market Report Segment

By Component

Hardware 
Software

By Application

Remote Patient Monitoring
Connected Medical Devices
Augmented Reality (AR)/ Virtual Reality (VR)
Connected Ambulance
Asset Tracking 

A full Report of 5G in Healthcare Market is Available @  https://www.omrglobal.com/industry-reports/5g-in-healthcare-market

5G in Healthcare Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

China Mobile Ltd.
Deutsche Telekom AG
Fibocom Wireless Inc.
Huawei Technologies Co. Ltd.
Nokia Corp.
NTT Docomo Inc.
Qualcomm Inc.
Quectel Wireless Solutions Co., Ltd.
Saudi Telecom Company (SCT)
SK Telecom Co., Ltd.
Telefonica Germany GmbH & Co. OHG
Telit Cinterion
TELUS Corp.
T-Mobile USA, Inc.
Vodafone Ltd. 

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