Technological Advancements : Internet of Things Market in the Healthcare Sector Globally Grow at a CAGR of 36.5% by 2020

Albany, New York, July 6, 2017 : Recent research and the current scenario as well as future market potential of "Global Internet of Things Market in the Healthcare Sector 2016-2020" globally.

IoT is a web of physical devices connected to the Internet, enabled by sensors and software to collect and transmit data. Using IoT users can collect massive amount of data and convert into meaningful information by with the help of advance analytics techniques.
The concept of IoT has evolved with the introduction of automated machines, such as automated teller machines (ATMs) and advanced interaction technologies like machine-to-machine (M2M) and human-to-machine (H2M). All these allow the users to establish seamless communications.

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Technavios analysts forecast the global internet of things (IoT) market in healthcare sector to grow at a CAGR of 36.5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global internet of things (IoT) market in healthcare sector for 2016-2020. To calculate the market size, we consider revenue generated from segments, such as medical devices, software and system applications, and connecting technologies.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Internet of Things (IoT) Market in Healthcare Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cisco Systems
GE Healthcare
Philips Healthcare
IBM
Qualcomm

Other prominent vendors
Ericsson
Honeywell Life Care Solutions
Intel
Medtronic
Microsoft
NXP
SAP
Stanley Healthcare
Temboo
Cognizant
Zebra Technologies

Market driver
Highly competitive IoT market
For a full, detailed list, view our report

Market challenge
High cost of implementation
For a full, detailed list, view our report

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Market trend
Developments in sensor technologies and communication devices
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.