5G in Healthcare Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

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.

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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.

Market Coverage

• The market number available for - 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Component
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes AT&T, Inc., Verizon, Ericsson, T?Mobile USA, Inc., and Cisco Systems, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global 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

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Global 5G in Healthcare Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

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.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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Company Name: Orion Market Research

About Orion Market Research

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