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Emerging Trends Influencing The Growth Of The Edge Computing In Healthcare Market: Innovative AI Computing Platforms Driving Advancements In Edge Computing
Edge Computing In Healthcare
How Big Is the Edge Computing In Healthcare Market Size Expected to Be by 2034?
The edge computing in healthcare market size has experienced exponential growth in recent years. It will grow from $4.67 billion in 2024 to $5.74 billion in 2025, with a compound annual growth rate (CAGR) of 23.0%. This growth is driven by increased telemedicine services, data privacy concerns, demand for real-time data processing, the rise of wearable health devices, and the development of 5G networks.
The edge computing in healthcare market is anticipated to grow exponentially, reaching $13 billion by 2029 with a CAGR of 22.7%. The growth is driven by the demand for disaster recovery solutions, the rise of wearable health technologies, cost-efficiency improvements, regulatory requirements for data localization, and the expansion of virtual healthcare services. Trends include AI and machine learning integration, the expansion of the Internet of Medical Things (IoMT), edge-to-cloud integration, virtual and augmented reality applications, and product innovation.
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What Are the Emerging Segments Within the Edge Computing In Healthcare Market?
The edge computing in healthcare market covered in this report is segmented -
1) By Offering: Hardware, Software, Services
2) By Application: Telehealth And Remote Patient Monitoring, Diagnostics, Robotic Surgery, Ambulances, Other Applications
3) By End User: Hospitals And Clinics, Long-Term Care Centers And Home Care Settings, Ambulatory Care Centers, Other End-Users
Subsegments:
1) By Hardware: Edge Servers, Gateways And Routers, Edge Devices, Storage Solutions
2) By Software: Edge Management Software, Analytics And Data Processing Software, Security Software, Application Software For Real-Time Healthcare Data
3) By Services: Deployment And Integration Services, Consulting and Advisory Services, Managed Services, Maintenance And Support Services
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What Long-Term Drivers Are Shaping Edge Computing In Healthcare Market Trends?
Growth in telehealth services is expected to support edge computing in healthcare. With more remote patient care, quick data processing and real-time diagnostics are essential. Edge computing ensures reliable service. According to the American Medical Association in December 2023, 74.4% of physicians offered telehealth, and 54.9% used it for chronic disease management. Thus, telehealth expansion is driving edge computing in healthcare.
Who Are the Top Competitors in Key Edge Computing In Healthcare Market Segments?
Major companies operating in the edge computing in healthcare market are Google LLC, Samsung Electronics Co., Microsoft Corporation, Verizon Communications Inc., Dell Technologies Inc., Amazon Web Services (AWS) Inc., Lenovo Group Limited, General Electric Company, Intel Corporation, IBM Corporation, Cisco Systems Inc., Qualcomm Incorporated, Hewlett Packard Enterprise Company, Fujitsu Limited, NVIDIA Corporation, Nokia Corporation, Siemens Healthineers AG, Koninklijke Philips NV, VMware Inc., Advantech Co. Ltd., Aruba Networks Inc., ADLINK Technology Inc., Huawei Technologies Co. Ltd., Litmus Automation Inc., Veea Inc., FogHorn Systems Pvt Ltd.
What Edge Computing In Healthcare Market Trends Are Gaining Traction Across Different Segments?
Companies in the edge computing in healthcare market are focusing on AI computing platforms to improve real-time data analysis and patient outcomes. For example, in September 2022, Nvidia Corporation, a U.S.-based technology company, introduced the NVIDIA IGX platform. This industrial-grade AI platform is tailored for sensitive industries like healthcare, enabling secure, real-time data analysis for medical devices, robotic-assisted surgery, and patient monitoring.
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Which Regions Are Becoming Hubs for Edge Computing In Healthcare Market Innovation?
North America was the largest region in the edge computing in healthcare market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edge computing 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 Edge Computing In Healthcare Market?
2. What is the CAGR expected in the Edge Computing In Healthcare Market?
3. What Are the Key Innovations Transforming the Edge Computing In Healthcare Industry?
4. Which Region Is Leading the Edge Computing In Healthcare Market?
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