Virtual Consultation and Increasing Geriatric Population are Driving the Global Internet of Things (IOT) in Healthcare Market which will Expand at a CAGR of 32.2% from 2017-2024, according to Research Nester
The global internet of things (IOT) in healthcare market is segmented into component such as medical devices, system & software, service & hardware, and connectivity technology. Among these segments, system & software segment is expected to witness remarkable growth in the market over the forecast period. The growth of the system & software segment is driven by growing need for high level data security and autonomy. Moreover, this segment includes solutions such as remote device management, network bandwidth management, data analytics and applications security.
Global internet of things (IOT) in healthcare market is expected to register a 32.2% CAGR over the forecast period. Moreover, the global Internet of things (IOT) in healthcare market was valued at USD 42.7 Billion in 2016. Further, continuous enhancements in healthcare sector are likely to drive the global Internet of things (IOT) in healthcare market at a valuation about USD 162.2 Billion by the end of 2024.
The telemedicine segment by application is likely to grow at remarkable pace during the forecast period. Growing consumer’s preference for virtual consultation is a major factor which is driving the growth of this segment.
Increasing elderly population
Geriatric population across the globe is rising at an extreme pace. Further, rising number of diabetic patients and rising prevalence of chronicle diseases in aging population are some of the major factors which are fostering the growth of global internet of things (IOT) in healthcare market.
Request Report Sample@ https://www.researchnester.com/sample-request/2/rep-id-376
Rising penetration of connected devices
Rising number of patients who are suffering from critical diseases such as cancer is a major factor which is anticipated to fuel the adoption of connected devices in healthcare during the forecast period. Further, need for continuous health monitoring of patients is also a key factor which is projected to fuel the growth of global internet of things (IOT) in healthcare market in near future.
Although, the growth of internet of things (IOT) in healthcare market is likely to be hampered by a number of factors such as high cost associated with IOT infrastructure development and data privacy & security concerns.
The report titled “Internet of Things (IOT) in Healthcare Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of the global internet of things (IOT) in healthcare market in terms of market segmentation by component, by technology, by application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
Request Table of Contents Here: https://www.researchnester.com/toc-request/1/rep-id-376
This report also provides the existing competitive scenario of some of the key players of the global internet of things (IOT) in healthcare market which includes company profiling of Medtronic PLC, Koninklijke Philips N.V., Cisco System Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life Inc., Honeywell Life Care Solution, Stanley Healthcare. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global internet of things (IOT) in healthcare market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
For more info Ask The Analyst: https://www.researchnester.com/ask-the-analyst/rep-id-376
To know more about this research, kindly visit: https://www.researchnester.com/reports/internet-of-things-iot-in-healthcare-market-global-demand-analysis-opportunity-outlook-2024/376
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.
Contact for more Info:
U.S. +1 646 586 9123
U.K. +44 203 608 5919
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtual Consultation and Increasing Geriatric Population are Driving the Global Internet of Things (IOT) in Healthcare Market which will Expand at a CAGR of 32.2% from 2017-2024, according to Research Nester here
News-ID: 774538 • Views: 177
More Releases from Research Nester Pvt Ltd
Ebola Vaccine Market Report 2020: Rising Impressive Business Opportunities Analy …
Research Nester released a report titled "Ebola Vaccine Market: Global Demand Analysis & Opportunity Outlook 2027" which delivers detailed overview of the global Ebola vaccine market in terms of market segmentation by virus type, by end user and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter's five force model. The Ebola vaccine market is projected
Global Online Education Market Expected to Worth USD 438.71 billion, at a CAGR o …
Research Nester has released a report titled "Online Education Market - Global Demand Analysis & Opportunity Outlook 2027" which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter's five force model. Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-2350 Technological advancements in the recent times have observed
Plywood Market: Industry Insights By Growth, Astonishing Growth, Rising Demand,I …
The global plywood market is segmented to application type such as furniture, transport, construction, packages and others. Among these segments, construction segment is anticipated to flourish in the upcoming year. Plywood market is booming across the globe on the account of growing housing population. Growing usage and demand for various plywood furniture such as table, chair, sofa and many other essentials among urban people is anticipated to impel the growth of
Virgin Coconut Oil Market: Global Industry Analysis, Technological Innovations, …
The dominant leader of coconut production across the world is Indonesia (around 180 Million tonnes). In 2017, with a production of around 150 million tonnes and 115 million tonnes, Philippines and India has the second and the third largest production of coconuts. During 2016, the organic virgin coconut oil market around the globe was valued at USD 685 Million approximately. The virgin coconut oil market has been segmented into organic virgin coconut
More Releases for IOT
Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these