The ‘ Internet of Things in Healthcare market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Internet of Things in Healthcare derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Internet of Things in Healthcare market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).
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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
|covid-19 scenario||Market Behavior/ Level of Risk and Opportunity||End Industry Behavior/ Opportunity Assessment||Expected Industry Recovery Timeline||Business Impact Horizon|
|Opening of Economy by Q3 2020||xx||xx||xx||xx|
|Recovery – Opening of Economy extended till Q4 2020 / Q1 2021||xx||xx||xx||xx|
The global internet of things in healthcare market was valued at $113.7billion in 2019 and is expected to reach $332.67billion by 2027, registering a CAGR of 13.20% from 2020 to 2027.
Internet of Things (IoT) is a communication network technology that is rapidly proliferating at an unprecedented rate. It connects people with IoT by transforming information from the physical world into the digital world. It allows the physical devices to connect together to send with computation-based performance in real-world. In addition, in healthcare filed, IoT is used for the data collection, analysis for research, and monitoring electronic health records which contains personally identifiable information, protected health information, and for other machine-generated healthcare data. It also offers many services such as real-time monitoring, medication compliance, and imaging which can connect wirelessly. Further, the IoT in healthcare applications include remote monitoring, early prevention, chronic disease management, elderly care, for personalized medical services, and others. In addition, IoT in healthcare is also probable to significantly reduce mortalities and non-communicable diseases such as stroke, heart diseases, hypertension, hypo & hyper glycemia, cancer, and others. Further, according to estimation by the Forbes magazine, by 2020, there are expected to be around 40.9 billion devices capable of connecting with the internet. For instance, in 2019, there is a shift of IoT healthcare from cloud computing to fog computing, which enables efficient data sharing service with privacy preservation. Furthermore, there are many collaborative effects were taken by the companies and government organization for advancing IoT healthcare for patient care. For instance, in 2017, Nokia and UNICEF have worked together to support the development of high-impact mobile health (mhealth) programs for saving lives in Indonesia.
The global internet of things in healthcare market is expected to register considerable growth during the forecast period, owing to technological advancements, rise in incidence rates of chronic diseases, growing demand for cost-effective treatment and disease management, better accessibility to high-speed internet, and implementation of favorable government regulatory policies. Furthermore, increase in adoption of smart devices and wearables, rise in interest of self-health measurement, and reduced healthcare cost with advanced and cost effectives IoT in healthcare products and solutions. Moreover, r Increase in the investments in IoT healthcare space by Fintech companies such as MedAngelONE, Amiko, SWORD health, and Aira are expected to fuel the growth of the market. However, factors such as high costs associated with IoT infrastructure development, data privacy and security issues, lack of awareness among public in developing regions, and limited technical knowledge are expected to impede the market growth. Various factors such as improvement in healthcare infrastructure in developing countries, government initiatives to support IoT platform, and high R&D spending are expected to boost the market growth.
This report segments the internet of things in healthcare market on the basis of component, application, end user, and region. On the basis of component, the market is segmented into devices, system & software and services. The devices segment is further segmented into implantable sensor devices, wearable sensor devices, and other sensor devices. System & software segment are further categorized into network layer, database layer, and analytics layer. Moreover, services segment covers architecture, consulting, and application development services. Based on application, the market is segmented into patient monitoring, clinical operation & workflow optimization, connected imaging, fitness & wellness measurement, and drug development. Based on end user, the global internet of things in healthcare market is segmented into healthcare providers, patients, healthcare payers, research laboratories, and government authorities. The market has been analyzed on the basis of four regions namely North America, Europe, Asia-Pacific, and LAMEA.
This report provides a comprehensive analysis of the leading companies operating in the global internet of things in healthcare market. The key companies profiled in this report are Apple, Inc., Cisco Systems, Inc., GE Healthcare Ltd., Google (Alphabet), International Business Machines Corporation, Medtronic PLC, Microsoft Corporation, Proteus Digital Health, Koninklijke Philips N.V., QUALCOMM Incorporated, and Abbott Laboratories.
KEY BENEFITS FOR STAKEHOLDERS
– This report entails a detailed quantitative analysis along with the current global antihypertensive market trends from 2019 to 2027 to identify the prevailing opportunities along with the strategic assessment.
– The market size and estimations are based on a comprehensive analysis of key developments in the industry.
– A qualitative analysis based on innovative products facilitates strategic business planning.
– The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market
Key Market Segments
o Implantable Sensor Devices
o Wearable Sensor Devices
o Others Sensor Devices
– System and Software
o Network Layer
o Database Layer
o Analytics Layer
o Architecture (System integration)
o Application Development (support and maintenance)
– Patient Monitoring
– Clinical Operation and Workflow Optimization
– Clinical Imaging
– Fitness and Wellness Measurement
– Drug Development
By End User
– Healthcare Providers
– Healthcare Payers
– Research Laboratories (Biotech/Pharma)
– Government Authority
List of key players profiled in the report
– Apple, Inc.
– Cisco Systems, Inc.
– GE Healthcare Ltd.
– Google (Alphabet)
– International Business Machines Corporation
– Medtronic PLC
– Microsoft Corporation
– Proteus Digital Health
– Koninklijke Philips N.V.
– QUALCOMM Incorporated
– Abbott Laboratories
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
– Honeywell International
– AdhereTech Inc.
– Stanley Healthcare.
A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning
Key Segments Studied in the Global Internet of Things in Healthcare Market
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Changing Forecasts in a Time of Crisis: explores key issues, including:
Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
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Key Points Covered in Internet of Things in Healthcare Market Report: COVID 19 Impact Analysis
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.3.Analyst Tools and Models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.3.1.Moderate bargaining power of buyers
3.3.2.Low bargaining power of suppliers
3.3.3.Moderate threat of substitutes
3.3.4.Low threat of new entrants
3.3.5.Moderate competitive rivalry
3.4.Top winning strategies, 2016-2018
3.5.1.HIPAA (Health insurance portability and accountability act)
3.5.2.HITECH (Health Information Technology for Economic and Clinical Health) act
3.5.3.Affordable care act
3.5.4.FDASIA (Food and drug administration safety and innovation act)
3.5.5.European standards organizations (CENELEC (European committee for electrotechnical standardization), CEN and ETSI)
3.5.6.The U.S. Food and Drug Administration (FDA) Role In Medical Device Cybersecurity
188.8.131.52.Increasing demand for low-cost disease management and treatment
184.108.40.206.Rising prevalence of chronic diseases
220.127.116.11.Collaboration among companies
18.104.22.168.Data privacy and security
22.214.171.124.Lack of awareness among consumers in developing regions
126.96.36.199.Lack in accuracy of sensors
188.8.131.52.Develop low-power wide area networks (LPWANs)
184.108.40.206.Initiatives taken to increase awareness among consumers
220.127.116.11.Government initiatives for promoting digital health
CHAPTER 4:INTERNET OF THINGS IN HEALTHCARE MARKET, BY COMPONENT
4.1.1.Market size and forecast
4.2.1.Key market trends and opportunities
4.2.2.Market size and forecast
4.2.3.Market share analysis, by country
18.104.22.168.Wearable sensor Devices
22.214.171.124.Implanted sensor devices
126.96.36.199.Others sensor devices
4.3.System and Software
4.3.1.Key market trends and opportunities
4.3.2.Market size and forecast
4.3.3.Market share analysis, by country
4.4.1.Key market trends and opportunities
4.4.2.Market size and forecast
4.4.3.Market share analysis, by country
CHAPTER 5:INTERNET OF THINGS IN HEALTHCARE MARKET, BY APPLICATION
5.1.1.Market size and forecast
5.2.1.Market size and forecast
5.2.2.Market share analysis, by country
5.3.Clinical operation and workflow optimization
5.3.1.Market size and forecast
5.3.2.Market share analysis, by country
5.4.1.Market size and forecast
5.4.2.Market share analysis, by country
5.5.Fitness and wellness measurement
5.5.1.Market size and forecast
5.5.2.Market share analysis, by country
5.6.1.Market size and forecast
5.6.2.Market share analysis, by country
CHAPTER 6:INTERNET OF THINGS IN HEALTHCARE MARKET, BY END USER
6.2.1.Market size and forecast
6.2.2.Market share analysis, by country
6.3.1.Market size and forecast
6.3.2.Market share analysis, by country
6.4.1.Market size and forecast
6.4.2.Market share analysis, by country
6.5.1.Market size and forecast
6.5.2.Market share analysis, by country
6.6.1.Market size and forecast
6.6.2.Market share analysis, by country
CHAPTER 7:INTERNET OF THINGS IN HEALTHCARE MARKET, BY REGION
7.1.1.Market size and forecast
7.2.1.Key market trends and opportunities
7.2.2.Market size and forecast, by country
7.2.3.Market size and forecast, by component
7.2.4.Market size and forecast, by application
7.2.5.Market size and forecast, by end user
CHAPTER 8:COMPANY PROFILES
8.1.3.Operating business segments
8.1.6.Key strategic moves and developments
8.2.Alphabet Inc. (Google)
8.2.3.Operating business segments
8.2.1.Key strategic moves and developments
8.3.3.Operating business segments
8.3.1.Key strategic moves and developments
8.4.Cisco Systems Inc.
8.4.3.Operating business segments
8.4.6.Key strategic moves and developments
8.5.General Electric Company
8.5.3.Operating business segments
8.5.6.Key strategic moves and developments
8.6.International Business Machine Corporation (IBM)
8.6.3.Operating business segments
8.6.6.Key strategic moves and developments
8.7.Koninklijke Philips N.V.
8.7.3.Operating business segments
8.7.1.Key strategic moves and developments
8.8.3.Operating business segments
8.8.1.Key strategic moves and developments
8.9.3.Operating business segments
8.10.Proteus Digital Health Inc.
8.10.3.Operating business segments
8.11.3.Operating business segments
8.11.6.Key strategic moves and developments
……..and view more in complete table of Contents
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