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Internet Of Things (Iot) In Healthcare Market Projected Expansion to US$ 556.71 Billion Value by 2032 with a 17.9% CAGR

05-13-2024 11:11 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Internet Of Things (Iot) In Healthcare Market

Internet Of Things (Iot) In Healthcare Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐จ๐Ÿ ๐“๐ก๐ข๐ง๐ ๐ฌ (๐ˆ๐จ๐“) ๐ข๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐š๐ง๐ ๐ฌ๐ก๐š๐ซ๐ž ๐ข๐ฌ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ ๐”๐’๐ƒ ๐Ÿ๐Ÿ๐Ÿ–.๐Ÿ๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘ ๐š๐ง๐ ๐ข๐ฌ ๐š๐ง๐ญ๐ข๐œ๐ข๐ฉ๐š๐ญ๐ž๐ ๐ญ๐จ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ž ๐š๐ง ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐จ๐Ÿ ๐”๐’๐ƒ ๐Ÿ“๐Ÿ“๐Ÿ”.๐Ÿ•๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ, ๐š๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ฅ๐š๐ญ๐ž๐ฌ๐ญ ๐ฌ๐ญ๐ฎ๐๐ฒ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก. ๐๐ž๐ฌ๐ข๐๐ž๐ฌ, ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ญ๐ž๐ฌ ๐ญ๐ก๐š๐ญ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ฌ ๐š ๐ซ๐จ๐›๐ฎ๐ฌ๐ญ ๐Ÿ๐Ÿ•.๐Ÿ—% ๐‚๐จ๐ฆ๐ฉ๐จ๐ฎ๐ง๐ ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ๐ž๐ ๐ญ๐ข๐ฆ๐ž๐Ÿ๐ซ๐š๐ฆ๐ž, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’ - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

The Internet of Things (IoT) in healthcare market is poised to witness rapid growth over the forecast period. The rising awareness among industry participants and patients worldwide about IoT has escalated the use of the technology in healthcare. Besides, rising investments and the adoption of digital technologies in healthcare facilities further support the market expansion.

๐‚๐ฅ๐ข๐œ๐ค ๐ญ๐จ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ๐Ÿ๐ฎ๐ฅ ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/internet-of-things-iot-in-healthcare-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

โ€ข The Internet of Things (IoT) in healthcare industry was valued at USD 128.18 billion in 2023.
โ€ข The industry is projected to grow to USD 556.71 billion by 2032.
โ€ข The market is anticipated to expand at a CAGR of 17.9% during the forecast period from 2024 to 2032.

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ

The Internet of Things (IoT) in healthcare market is characterized by fragmentation. The competition in the industry is projected to rise with the entry of new participants. Some of the major players operating in the global market include:

โ€ข Medtronic PLC
โ€ข Royal Philips
โ€ข Cisco Systems Inc.
โ€ข IBM Corporation
โ€ข Microsoft Corporation
โ€ข SAP SE
โ€ข Qualcomm Life Inc.
โ€ข GE Healthcare Ltd.
โ€ข Koninklijke Philips N.V.
โ€ข Honeywell Life Care Solutions
โ€ข Stanley Healthcare

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Internet of Things (IoT) is a term used to refer to a network of appliances and devices embedded with software, sensors, and network connectivity. IoT devices connect and exchange information with other devices on the internet or any other communication network. Unlike other systems, IoT devices can exchange data and information without human intervention. The IoT technology finds widespread applications in the healthcare domain.

IoT devices enable the automatic collection of health metrics such as temperature, blood pressure, and heart rate from patients who aren't physically present in a healthcare facility. Using IoT in healthcare results in enhanced patient health and improved healthcare operations.

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/118/2

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข North America (U.S., Canada)
โ€ข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โ€ข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โ€ข Latin America (Brazil, Mexico, Argentina)
โ€ข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

๐‘๐ž๐ฆ๐จ๐ญ๐ž ๐๐š๐ญ๐ข๐ž๐ง๐ญ ๐Œ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ : The growing demand for remote patient monitoring solutions, driven by an aging population, rising prevalence of chronic diseases, and the need for continuous care management, fuels the adoption of IoT technologies in healthcare.

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐–๐ž๐š๐ซ๐š๐›๐ฅ๐ž ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ: Technological advancements in wearable devices, such as smartwatches, fitness trackers, and medical-grade wearables, offer opportunities for real-time health monitoring, disease management, and preventive care.

๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ž๐ ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ: The increasing adoption of connected medical devices, such as IoT-enabled infusion pumps, glucose monitors, and cardiac monitors, enhances data-driven decision-making, improves clinical outcomes, and reduces healthcare costs.

๐…๐จ๐œ๐ฎ๐ฌ ๐จ๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: The shift towards digitalization in healthcare, driven by initiatives to improve patient engagement, enhance care coordination, and optimize healthcare delivery, accelerates the adoption of IoT solutions across healthcare settings.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The internet of things (IoT) in healthcare market segmentation is primarily based on component, connectivity technology, end-user, application and region. By component analysis, the medical devices segment dominated the market owing to the widespread use of medical equipment. Besides, the cellular connectivity technology segment accounted for the largest market share as it supports the transfer of extensive amounts of data across great distances. Furthermore, the clinical research organizations (CROs) sector is expected to rise at the quickest CAGR.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/internet-of-things-iot-in-healthcare-market

๐ˆ๐จ๐“ ๐ข๐ง ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Medical devices dominated the segment due to the increasing usage and the rising demand for efficient and cost-effective ways to offer healthcare services.

โ€ข The cellular connectivity technology segment has dominated the market. It allows massive volumes of data to be sent across long distances, enabling data gathering and distribution in real-time.

โ€ข Hospitals, Surgical Centers, and Clinics have witnessed the highest CAGR owing to growing hospitals' operational and functional efficiency as a result of IoT.

โ€ข North America led the industry and accounted for a majority of the market revenue share, owing to a rapid increase in the usage of telemedicine, e-reports, and IoT solutions in managing patients.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

๐…๐š๐œ๐ข๐š๐ฅ ๐ˆ๐ง๐ฃ๐ž๐œ๐ญ๐š๐›๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/global-facial-injectable-market

๐‘๐ž๐ฆ๐จ๐ญ๐ž ๐๐š๐ญ๐ข๐ž๐ง๐ญ ๐Œ๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐  ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/global-remote-patient-monitoring devices-market

๐‹๐ž๐ ๐š๐ฅ ๐Œ๐š๐ซ๐ข๐ฃ๐ฎ๐š๐ง๐š ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/legal-marijuana-market

๐€๐ง๐ญ๐ข-๐€๐ ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/anti-aging-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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