Press release
5G in Healthcare Market Overview - Forecast Market Size, Share, Top Segments And Market Growth
5G in Healthcare
The Business Research Company's 5G in Healthcare Global Market Report 2023 identifies increasing adoption of telehealth as the major driver for the 5G in Healthcare market's growth in the forecast period. Telehealth refers to the use of digital information and communication technologies such as computers and mobile devices (by patient or doctor) to access health care services remotely and manage patients' health care. Telehealth offers various advantages such as easy access to healthcare and medical specialists, services with limited mobility, time or transportation options, improved communication and coordination between healthcare professionals and patients, and support for self-management of health care.
The global 5G in healthcare market size will grow from $0.4 billion in 2022 to $0.65 billion in 2023 at a compound annual growth rate (CAGR) of 61.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the 5G in healthcare is expected to grow to $4.78 billion in 2027 at a CAGR of 64.9%.
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Major competitors in the 5G in Healthcare market are AT&T, Verizon, Ericsson, T-Mobile, Cisco, Telus.
A key trend in the 5G in Healthcare market includes technological advancement. Technological advancements include the use of the 5G network in healthcare to test and bring a new solution that can improve and transform patient care. Major companies operating in the 5G in the healthcare market are focused on developing innovative technologies to strengthen their market position.
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The 5G in Healthcare market is segmented -
• By Component: Hardware, Services, Connectivity
• By Type: Data Transmission, Wearable Devices, Telediagnosis, Telemonitoring, Telerobotic Surgery, Other Types
• By End Users: Healthcare Providers, Healthcare Payers, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the 5G in Healthcare market.
The Business Research Company's "Global 5G in Healthcare Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The 5G in Healthcare Market Include:
1. Executive Summary
2. 5G in Healthcare Market Characteristics
3. 5G in Healthcare Market Trends And Strategies
4. 5G in Healthcare Market - Macro Economic Scenario
5. 5G in Healthcare Market Size And Growth
……
26. Africa 5G in Healthcare Market
27. 5G in Healthcare Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 5G in Healthcare Market
29. 5G in Healthcare Market Future Outlook and Potential Analysis
30. Appendix
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