Global 5G in Healthcare Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities

The 5G in Healthcare Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the 5G in Healthcare Market Size Expected to Be by 2034?
In recent times, the market size for 5G in healthcare has surged remarkably. It is predicted to expand from a worth of $1.03 billion in 2024 to $1.66 billion in 2025, marking a compound annual growth rate (CAGR) of 61.5%. Factors such as high-speed data transmission, reduced latency and enhanced network capacity have significantly contributed to its growth in the historic period.

The healthcare industry's 5G market is set to witness remarkable expansion in the upcoming years, ballooning to an impressive size of $12.19 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 64.7%. Factors contributing to this anticipated growth in the forecast timeline include a rise in healthcare spending, an increase in chronic ailments, a heightened prevalence of internet usage, and a surge in smartphone users. The predicted trend trajectory for this period boasts artificial intelligence and machine learning applications, the broadening presence of the Internet of Things (IoT) in healthcare, innovative uses of Augmented Reality (AR) and Virtual Reality (VR) for medical education, the incorporation of edge computing and significant advancements in telemedicine and remote patient monitoring.

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What Are the Emerging Segments Within the 5G in Healthcare Market?
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

Subsegments:
1) By Data Transmission: Real-Time Data Streaming, Remote Data Access, Cloud-Based Data Storage,
2) By Wearable Devices: Fitness Trackers, Smartwatches, Health Monitoring Devices,
3) By Telediagnosis: Virtual Consultations, Remote Imaging Services, AI-based Diagnostic Tools,
4) By Telemonitoring: Remote Patient Monitoring Systems, Continuous Glucose Monitoring, Cardiac Monitoring Devices,
5) By Telerobotic Surgery: Surgical Robots, Robotic-Assisted Surgical Systems,
6) By Other Types: Mobile Health Applications, Augmented Reality (AR) For Training, Emergency Response Solutions.

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What Long-Term Drivers Are Shaping 5G in Healthcare Market Trends?
The growth of the 5G healthcare market is notably being propelled by the growing acceptance of telehealth. This involves the usage of digital information along with communication technologies such as computers and mobile devices by doctors or patients to gain remote health care services and manage health care effectively. Not only does telehealth offer ease of access to healthcare and medical experts, but it also provides services to those with restricted mobility, time or transport options. It heightens the communication and collaboration between health care professionals and patients, and also aids in the self-management of health care. Telehealth utilizes 5G technology significantly for delivering immediate healthcare services. For example, in the National Health Statistics Report produced by the Centers for Disease Control and Prevention, a federal agency based in the US, in June 2024, it was disclosed that telemedicine utilization increased with age, from 29.4% amongst 18-29-year-olds to 43.3% for those 65 and above in 2021, whereas in 2022, it was more prevalent in adults aged 30 and above compared to their younger counterparts.

Who Are the Top Competitors in Key 5G in Healthcare Market Segments?
Major companies operating in the 5G in healthcare market include 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., Siemens Healthineers AG, Telit Communications Ltd., BT Group plc, NTT Docomo Inc., Doximity Inc.

What 5G in Healthcare Market Trends Are Gaining Traction Across Different Segments?
The incorporation of the 5G network into healthcare due to technological advancements aims to pilot and introduce novel solutions capable of enhancing and revolutionizing patient care. Key businesses active in the 5G healthcare sector are concentrating on developing pioneering technologies to bolster their market dominance. For instance, in November 2023, The Infocomm Media Development Authority (IMDA) in Singapore disclosed a partnership with National University Health System (NUHS), Republic Power Pte. Ltd., ST Engineering, and Germany's DB Schenker to roll out 5G-powered unmanned medical booths dubbed as "Medbots." These innovative booths aim to ease remote health screening and video consultations, remarkably boosting healthcare accessibility and productivity. Additionally, these Medbots are fitted with certified medical equipment that enable thorough pre-screening of patients, facilitating them to acquire basic health examinations without the need to visit a clinic.

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Which Regions Are Becoming Hubs for 5G in Healthcare Market Innovation?
Asia-Pacific was the largest region in the 5G in healthcare market in 2024, 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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the 5G in Healthcare Market?
2. What is the CAGR expected in the 5G in Healthcare Market?
3. What Are the Key Innovations Transforming the 5G in Healthcare Industry?
4. Which Region Is Leading the 5G in Healthcare Market?

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