5G in Healthcare Market Size, Key Drivers, Analysis 2023-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

5G in Healthcare Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $7.36 billion In 2028 At A CAGR Of 63.0% :

The 5g in healthcare market size has grown exponentially in recent years. It will grow from $0.64 billion in 2023 to $1.04 billion in 2024 at a compound annual growth rate (CAGR) of 62.6%. The growth in the historic period can be attributed to high-speed data transfer, low latency, increased network capacity.

The 5g in healthcare market size is expected to see exponential growth in the next few years. It will grow to $7.36 billion in 2028 at a compound annual growth rate (CAGR) of 63.0%. The growth in the forecast period can be attributed to increasing healthcare expenditure, increasing chronic diseases, increasing penetration of internet, growing users of smartphones. Major trends in the forecast period include ai and machine learning applications, iot expansion in healthcare, ar and vr for medical training, edge computing integration, telemedicine and remote monitoring advancements.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=6069&type=smp

5G in Healthcare Market Major Segments
The 5g in healthcare market covered in this report is segmented -

1) By Component: Hardware, Services, Connectivity
2) By Type: Data Transmission, Wearable Devices, Telediagnosis, Telemonitoring, Telerobotic Surgery, Other Types
3) By End Users: Healthcare Providers, Healthcare Payers, Other End Users

Key Driver - Telehealth Boom Drives 5G In Healthcare Market Growth As Connectivity Becomes Critical For Remote Healthcare Services

The increasing adoption of telehealth is significantly driving the growth of the 5G in the healthcare market. 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. Telehealth is one of the significant applications that make use of 5G technology for providing prompt healthcare services. For instance, according to the Ministry of Health and Family Welfare, Government of India, the government's telemedicine service, eSanjeevani has surpassed 14 million teleconsultations in October 2021 from just 3 million consultations in March 2021. This rapid growth of telemedicine adoption needs high-speed connectivity that can be provided through 5G services. Hence, the increasing adoption of telehealth propels the 5G in the healthcare market growth.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=6069&type=smp

Prominent Trend - 5G Revolutionizes Healthcare With Technological Advancements

Technological advancement is a key trend gaining popularity in the 5G in the healthcare market. 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. For instance, in November 2021, Enovacom, a France-based healthcare subsidiary of Orange announced the launch of the Enovacom Patient Link solution to speed up the digitalization of the patient journey. The solution is an application that some medical institutions use to improve the connection with their patients during administrative and medical processes. It centralizes and leverages healthcare data securely in a single application, making it easier for medical facilities to manage patient data.

5G in Healthcare Market Players
Major companies operating in the 5g in healthcare market report are AT&T Inc., Verizon Communications Inc., Telefonaktiebolaget LM Ericsson, T‑Mobile USA Inc., Cisco Systems Inc., NEC Corporation, SK Telecom Co. Ltd., Fibocom Wireless Inc., Qualcomm Incorporated, Nokia Corporation, Huawei Technologies Co. Ltd., China Mobile Limited, Telus Corporation, Vodafone Group plc, Deutsche Telekom AG, Telefónica S. A., Bharti Airtel Limited, Sierra Wireless Inc., Swisscom AG, Quectel Wireless Solutions Co. Ltd., Sequans Communications, Koninklijke Philips N. V., Samsung Electronics Co. Ltd., HTC Corporation, Sony Corporation, Siemens Healthineers AG, Telit Communications Ltd., BT Group plc, NTT Docomo Inc., Doximity Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/5g-in-healthcare-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the 5G in healthcare market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the 5g in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. 5G in Healthcare Market Report Structure
3. 5G in Healthcare Market Trends And Strategies
4. 5G in Healthcare Market - Macro Economic Scenario
5. 5G in Healthcare Market Size And Growth
…..
27. 5G in Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.