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5G In Healthcare Market Top Players- AT&T Inc., Verizon Communications, NEC Corporation, Cisco Systems, Inc., SK Telecom Co., Ltd.

04-16-2025 11:34 AM CET | Health & Medicine

Press release from: Insightace Analytic Pvt Ltd.

5G in Healthcare Market

5G in Healthcare Market

InsightAce Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global 5G In Healthcare Market (By Offering (Hardware And Services), Application (AR/VR, Virtual Consultations, Remote Patient Monitoring, Connected Ambulance, Inventory Management Devices And Others) And End Use (Healthcare Providers, Healthcare Payers And Pharmaceutical Companies))- Market Outlook And Industry Analysis 2031"

The global 5G in the healthcare market is estimated to reach over USD 59.90 Billion by the year 2031, exhibiting a CAGR of 36.89% during the forecast period.

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5G technology represents a significant advancement in the healthcare sector, enabling the creation of a more efficient, affordable, and scalable health ecosystem that can effectively meet patient needs. In recent years, the adoption of 5G networks within healthcare has seen considerable growth. The integration of robotics, the Internet of Things (IoT), and artificial intelligence (AI) is expected to further transform the healthcare system into a highly connected ecosystem, enhancing the role of 5G networks. The increasing utilization of robotic surgery and telehealth services is a key driver of market growth.

Additionally, innovations in telecommunications, the widespread use of wearable medical devices powered by 5G, the ability to rapidly transfer large volumes of patient data, and the availability of cost-effective sensors are further accelerating market expansion. Efforts by major industry players and government entities to promote the integration of 5G technology in healthcare are also contributing to the market's growth. Furthermore, the growing demand for faster and more reliable data transmission within the healthcare sector is expected to drive continued market development in the coming years.

List of Prominent Players in the 5G in Healthcare Market:
AT&T Inc.
Verizon Communications
NEC Corporation
Cisco Systems, Inc.
S.K. Telecom Co., Ltd.
Fibocom Wireless Inc.
Qualcomm
Ericsson
Nokia Corporation
Huawei Technologies Co., Ltd.
China Mobile Limited
Samsung Electronics Co., Ltd.
B.T. Group
Deutsche Telekom AG
Vodafone
China Mobile Limited
China Unicom
Saudi Telecom Company (STC)
T-Mobile

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Market Dynamics:
Drivers:
Information and Communication Technology (ICT) and medical expertise have long been instrumental in enhancing patient care. The widespread use of robotic surgery and remote diagnosis is expanding globally, with the rapid advancements in ICT opening up new possibilities for these procedures. Telemedicine, which often relies on high-quality, real-time video capabilities, requires a network infrastructure capable of supporting such demands. Many countries have increasingly recognized the benefits of telemedicine and telehealth, with initiatives to establish statewide telehealth coverage, clear reimbursement policies, and regulatory frameworks to support telehealth operations. The advantages offered by 5G technology have further accelerated the adoption of telehealth solutions, driving the growth of the market.

Challenges:
Transitioning from 4G to 5G technology requires significant investment. The cost of base stations, periodic interest rates, and the necessary throughput density all impact the overall expense of 5G infrastructure. To enable effective ultra-dense small cell deployments, these costs must be reduced. Communications Service Providers (CSPs) will need to invest billions of dollars in upgrading their network infrastructure to a virtualized environment and migrating services from 3G and 4G to 5G. Concurrently, they must mitigate the rising risks of disruptions and cyber threats. The substantial costs associated with implementing 5G infrastructure pose a major challenge to widespread market adoption.

Regional Trends:
The North American market for 5G in healthcare is expected to hold a significant revenue share and grow at a high compound annual growth rate (CAGR) in the near future. This growth can be attributed to the widespread adoption of advanced technologies, the increasing use of IoT-enabled medical devices, ongoing improvements in network connectivity, and government initiatives promoting the adoption of IoT. With strong research and development efforts focused on 5G technology, network design, and deployment, North America remains a leader in 5G infrastructure. The Asia Pacific region is also expected to experience considerable growth over the forecast period. Key drivers include government plans to implement 5G in healthcare and the increasing availability of 5G-compatible medical devices. The growth in this region is further supported by the adoption of cutting-edge technologies, the rise of IoT-enabled medical devices, continuous improvements in network connectivity, and government-driven initiatives supporting the integration of IoT.

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Recent Developments:
• In February 2021, the U.S. Department of Veterans Affairs (V.A.) and AT&T collaborated to test the 5G-enabled healthcare advancements. By extensively examining 5G and multi-access edge computing (MEC) technology, the company was able to better deliver healthcare to the approximately 9 million Veterans who use V.A. healthcare services annually. It also assisted the company in boosting its revenue and R&D capabilities.
• In January 2019, to enhance communications, data processing requirements, and the patient experience, Rush University Medical Center teamed with AT&T (U.S.) to introduce the newest mobile communications technology to clinical care based on 5G.

Segmentation of 5G in the Healthcare Market-
By Offering-
• Hardware
• Serivces
By Application-
• AR/VR
• Virtual Consultations
• Remote Patient Monitoring
• Connected Ambulance
• Inventory Management Devices
• Others
By End Use-
• Healthcare Providers
• Healthcare Payers
• Pharmaceutical Companies
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

View Overview Report: https://www.insightaceanalytic.com/report/global-5g-in-healthcare-market-/1458

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

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