Internet-of-Medical-Things Market to Expand Robustly in 2024| LifeFuels, GENERAL ELECTRIC, Breathometer

The latest study released on the global 'Internet-of-Medical-Things' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Internet-of-Medical-Things' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
LifeFuels Inc. (United States), GENERAL ELECTRIC COMPANY (United States), CARR TECHNOLOGIES INC. (Canada), Breathometer Inc. (United States), Medtronic (Ireland), Meru Health, Inc. (United States), Boston Scientific Corporation (United States), Atlas Wearables, Inc. (United States), Proteus Digital Health (United States), NeuroMetrix, Inc. (United States), Honeywell International Inc. (United States)
The Internet of Things (IoMT) connects the digital and physical worlds to improve diagnosis and treatment speed and accuracy, as well as monitor and adjust patient behavior and health condition in real time. It also increases the operational productivity and efficacy of healthcare companies by streamlining clinical processes, information, and workflows. Experts estimate that the IoMT market was worth USD 41.2 billion in 2017 and would be worth USD 158.1 billion in 2022. The linked medical devices section of the IoMT is predicted to grow from USD 14.9 billion in 2017 to USD 52.2 billion by 2022, up from USD 14.9 billion in 2017. The rise of the IoMT comes at a time when health care is becoming increasingly expensive, with global health care spending expected to grow 4.2 percent per year, from USD 7.1 trillion in 2015 to USD 8.7 trillion by 2020, largely due to a growing and aging population, with more people living longer but with multiple comorbidities. As a result, without radical transformation, health care in many countries risks becoming increasingly unaffordable.

On 18th January 2019, Proteus Digital Health in partnership with Fairview Health Services and the University of Minnesota Health announced the launch of digital oncology medicines for cancer patients significantly helping in improving the outcomes of treatment. This digital technology helps the patients in completing their oral chemotherapy course and provides physicians with patient information.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Internet-of-Medical-Things Market various segments and emerging territory.

Influencing Market Trend
• High Adoption due to Real-Time Monitoring
• Growing Demand for Remote Medical Assistance
Market Drivers
• Increasing adoption of wearable devices and real-time healthcare service provision with the adoption of IoMT
• Cutback on expenditure incurred by patients due to a reduction of visitation to the physician
Opportunities:
• High Adoption From Developing and Developed Countries
• Technological Advancement associated with Internet-of-Medical-Things
Challenges:
• The Issues associated with the lack of infrastructure and requirement of skilled professionals

Analysis by Type (Smart Wearable Devices, Home-Use Medical Devices, Point-Of-Care Kits), Application (Real-Time Monitoring, End-to-End Connectivity, Data Assortment & Analysis, Tracking & Alerts, Remote Medical Assistance), Deployment Mode (On-Premise Based Services, Cloud-Based Services), End User (Hospitals & Clinics, Research Institutes & Academics, Homecare)

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The regional analysis of Global Internet-of-Medical-Things Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/137939-global-internet-of-medical-things-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Internet-of-Medical-Things market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Internet-of-Medical-Things market.

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This release was published on openPR.