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Edge Computing in Healthcare Market Expansion Driven by Advances in 5G Networks and Demand for Automated Decision-Making Solutions
Edge Computing in Healthcare Market
Global Edge Computing in Healthcare Market Size is predicted to develop at a 28.5% CAGR during the forecast period for 2025-2034.
Global Edge Computing in Healthcare Market 2025-2034 full Research Repot latest version is now available.
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Edge computing represents a transformative advancement within the healthcare sector, enabling data processing to occur at or near the source of data generation rather than relying exclusively on centralized cloud infrastructures. This approach significantly enhances the efficiency and responsiveness of healthcare services by supporting real-time data analysis.
The growth of the edge computing market in healthcare is driven by several critical factors, including the rising demand for telemedicine and remote patient monitoring, the imperative for real-time data processing in critical care and diagnostic applications, the expanding adoption of Internet of Things (IoT) medical devices, the increasing need for automated decision-making capabilities, and advancements in network technologies such as 5G.
List of Prominent Players in the Edge Computing in Healthcare Market:
• ZPE Systems
• Binariks
• Amazon Web Services (AWS), Inc.
• Aricent, Inc.
• Atos
• Cisco Systems, Inc.
• General Electric Company
• Hewlett Packard Enterprise Development
• Honeywell International Inc.
• Huawei Technologies Co., Ltd.
• IBM Corporation
• Intel Corporation
• Akamai Technologies
• Telco Systems
• Microsoft Corporation
• Others
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Market Dynamics:
Drivers:
The expansion of the edge computing market in healthcare is largely driven by the increasing demand for real-time data processing. Healthcare institutions require rapid access to patient information to enable timely decision-making, particularly in critical care scenarios. By processing data locally at the edge rather than relying on centralized cloud systems, healthcare providers can reduce latency and enhance the speed and accuracy of clinical decisions. Furthermore, the growing deployment of Internet of Things (IoT) devices within the healthcare sector is fueling the demand for edge computing solutions.
Challenges:
A primary concern associated with the adoption of edge computing in healthcare is data security. The processing and storage of sensitive health information at the network edge exposes it to potential cyber threats, unauthorized access, and data breaches. Such security incidents can result in severe legal, financial, and reputational consequences, especially given the stringent regulatory requirements such as those mandated by the Health Insurance Portability and Accountability Act (HIPAA). Since edge computing involves decentralized data handling, robust security measures must be implemented to mitigate vulnerabilities inherent in distributed networks and devices. Advanced encryption methods and secure data transmission protocols are essential to safeguard patient information effectively.
Regional Trends:
The North American market for edge computing in healthcare is projected to capture a significant revenue share, driven by the region's strong focus on technological innovation, widespread adoption of advanced digital solutions, and well-established healthcare infrastructure.
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Recent Developments:
• March 2024: Johnson & Johnson MedTech collaborated with NVIDIA to enhance the speed and scope of artificial intelligence (AI) in order to facilitate real-time analysis and surgical decision-making. The NVIDIA Holoscan edge AI platform and the NVIDIA IGX edge computing platform employed by Johnson and Johnson MedTech to construct the infrastructure necessary to implement AI-powered software applications in the operating room.
Segmentation of Edge Computing in Healthcare Market-
By Component-
• Hardware
• Software
• Services
• Edge-Managed Platform
By Application-
• Diagnostics
• Telehealth & Patient Remote Monitoring
• Critical Infrastructure Monitoring
• Robotic Surgery
• Others
By End-User-
• Hospitals & Clinics
• Ambulatory Care Centers
• Long Term Care Centers & Home Care Settings
• Others
By Region-
North America-
• The US
• Canada
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
• Mexico
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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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.
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