According to a new market research report “IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User, and Region – Global Forecast to 2025″, published by MarketsandMarkets, the market size is expected to grow from USD 72.5 billion in 2020 to USD 188.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period. Key factors driving the IoT in the healthcare market include a rising focus on active patient engagement and patient-centric care, growing need for adoption of cost-control measures in the healthcare sector, and growth of high-speed network technologies for IoT connectivity.
Browse and in-depth TOC on “IoT in Healthcare Market”
380 – Tables
45 – Figures
307 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=160082804
By application, the telemedicine segment to hold the largest market size during the forecast period
The telemedicine segment to holds the largest market size during the forecast period. Telemedicine is an information- and communication-based system, which is developed to deliver diagnostics and healthcare services electronically, providing information on a patient’s condition to patients and doctors, clinics, and other staff. The telecommunication infrastructure used to exchange information is maneuvered for improvement, sustaining, and assisting a patient’s health status.
By end-user, the clinical research organizations segment to grow at the highest rate during the forecast period
Clinical research organizations are also one of the larger IoT solution adopters among all segments. They support research institutes, universities, and government organizations, with many clinical research organizations specifically providing clinical-study and clinical-trial support for drugs and/or medical devices.
Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=160082804
North America to hold the largest market size during the forecast period
North America is expected to account for the largest market size in the IoT in the healthcare market by region during the forecast period. The region houses various IoT-based healthcare solution providers who are continuously engaged in delivering innovative solutions. Increasing the need to reduce costs associated with support services and demand for self-health management solutions is expected to boost the adoption of IoT in healthcare technology in North America.
The IoT in healthcare market comprises major solution providers, such as Agamatrix (US), Armis (US), Bosch (Germany), Capsule Technologies (US), Comarch SA (Poland), Cisco Systems (US), GE Healthcare (US), HQSoftware (Estonia), Huawei (China), IBM Corporation (US), Intel (US), KORE Wireless (US), Medtronic (Ireland), Microsoft Corporation (US), Oracle (US), OSP Labs (US), Oxagile (US), PTC (US), Resideo Technologies (US), Royal Philips (Netherlands), R-Style Labs (US), SAP SE (Germany), Sciencesoft (US), Siemens (Germany), Softweb Solutions (US), STANLEY Healthcare (US), Telit (UK), and Welch Allyn (US). The study includes an in-depth competitive analysis of key players in the IoT in the healthcare market with their company profiles, recent developments, and key market strategies.
Browse Adjacent Markets @ Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
MnM Blog: https://mnmblog.org/
Visit Our Website: https://www.marketsandmarkets.com