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Edge Computing in Healthcare Market Growth Fueled by IoT Devices, 5G, and Real-Time Data Processing
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " 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), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."Global Edge Computing in Healthcare Market Size is predicted to develop at a 28.5% CAGR during the forecast period for 2025-2034.
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Edge computing is emerging as a transformative innovation within the healthcare industry, redefining data processing by enabling computation to occur at or near the point of data generation, rather than relying exclusively on centralized cloud infrastructure. This distributed architecture markedly improves the speed, efficiency, and responsiveness of healthcare service delivery by facilitating real-time data analysis.
The expansion of the healthcare edge computing market is being propelled by multiple key factors, including the widespread adoption of telehealth and remote patient monitoring solutions, the growing demand for instantaneous data processing in diagnostic and critical care settings, the increasing deployment of IoT-enabled medical devices, the heightened focus on automated clinical decision support systems, and the advancement of high-speed connectivity 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 growth of the healthcare edge computing market is primarily fueled by the rising need for real-time data processing capabilities. In critical care settings such as intensive care units, healthcare providers depend on immediate access to patient data to support timely and accurate clinical decision-making. Edge computing fulfills this requirement by enabling local data processing at or near the point of generation, thereby minimizing latency and enhancing the speed and precision of medical interventions. Additionally, the increasing integration of Internet of Things (IoT) devices within healthcare environments is playing a significant role in accelerating the adoption of edge computing solutions.
Challenges:
One of the most significant challenges in implementing edge computing in healthcare is maintaining robust data security. The decentralized nature of this technology expands the potential attack surface for cybersecurity threats, including unauthorized access, data breaches, and malicious cyberattacks, as sensitive health information is processed closer to the network edge. These risks are amplified by stringent regulatory requirements for healthcare data protection, such as those set forth in the Health Insurance Portability and Accountability Act (HIPAA). Addressing these concerns requires the deployment of comprehensive security measures, including advanced encryption technologies and secure communication protocols, to ensure patient privacy and maintain the integrity of medical data.
Regional Trends:
North America is expected to dominate the healthcare edge computing market, driven by its advanced technological ecosystem, high adoption rate of digital health solutions, and well-established healthcare infrastructure. The region's substantial investments in next-generation technologies, combined with its commitment to modernizing healthcare delivery, position it as a key contributor to market expansion.
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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
Read Overview Report- https://www.insightaceanalytic.com/report/edge-computing-in-healthcare-market/2969
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 : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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