Get more information on Internet Of Things In Healthcare Market - Request Sample Report
The Internet of Things in Healthcare Market Size was valued at USD 133.72 billion in 2023 and is expected to reach USD 668.98 billion by 2032 and grow at a CAGR of 19.61% over the forecast period 2024-2032.
The Internet of Things (IoT) in healthcare is rapidly transforming the medical field, driven by the proliferation of connected devices and advanced data analytics. One of the key enablers of this transformation is the increasing adoption of wearable health devices that continuously monitor patients’ vital signs. For instance, wearables like Fitbit and Apple Watch not only track physical activity but also measure heart rate, blood oxygen levels, and even ECGs. As the demand for such devices grows, these tools are offering new opportunities for chronic disease management, early detection, and real-time patient feedback. Research indicates that by 2025, the number of wearable connected devices will exceed 1.2 billion globally, underscoring the scale of this shift in healthcare delivery.
AI integration into IoT systems is enhancing the power of these devices, using machine learning algorithms to analyze large datasets generated by IoT devices. For example, predictive analytics powered by AI can help hospitals detect patient deterioration before it becomes critical, reducing readmission rates and improving patient outcomes. Hospitals using AI-driven analytics have reported reductions in readmissions and better management of chronic conditions. Additionally, AI is becoming an indispensable tool for personalized care by identifying patterns and making tailored treatment recommendations. AI's integration into healthcare systems is increasing the efficiency of diagnosis and improving accuracy, contributing to better clinical decisions and fewer errors. Furthermore, the role of cloud computing in IoT healthcare systems cannot be overstated. The cloud provides scalable storage and computing power, ensuring that patient data from diverse IoT devices can be securely stored, processed, and accessed from multiple healthcare settings. Cloud-based platforms, such as Amazon Web Services (AWS) and Microsoft Azure, support real-time data sharing between hospitals, clinics, and remote patient care providers, facilitating collaborative care and enabling healthcare professionals to work with up-to-date patient data.
However, as the number of connected devices and the volume of health data increases, cybersecurity remains a critical concern. Healthcare systems are increasingly vulnerable to cyberattacks due to the widespread use of IoT devices. Experts from Healthcare IT News emphasize the importance of implementing robust cybersecurity protocols to safeguard patient data and ensure compliance with privacy regulations like HIPAA. This growing focus on data security reflects the need to protect sensitive health information amidst rapid digitalization.
In conclusion, the IoT in healthcare is revolutionizing patient care by making it more efficient, accessible, and personalized. The synergy between AI, Big Data, IoT, and cloud computing is reshaping how healthcare systems operate, from real-time monitoring and diagnostics to secure data sharing. However, to fully harness these benefits, healthcare providers must address the accompanying challenges, particularly in terms of cybersecurity.
Drivers
Driving Factors Behind the Growth of the IoT in the Healthcare Market Including Wearables, AI, Cloud Computing, and Telemedicine
The Internet of Things (IoT) in the healthcare market is driven by several factors that are transforming the industry. A primary driver is the increasing adoption of wearable health devices. According to studies, the number of connected devices is expected to surpass 1.2 billion units by 2025, reflecting the growing demand for remote patient monitoring, especially for chronic conditions like diabetes and cardiovascular diseases. These devices allow for continuous, real-time tracking of vital health metrics, improving patient care, and reducing hospital visits.
Another major driver is the advancement in AI and data analytics. IoT devices generate vast amounts of data, and AI is playing a pivotal role in analyzing this data to offer predictive insights and personalized care. Research published by PubMed suggests that AI algorithms can reduce hospital readmission rates by predicting patient deterioration, thus improving clinical outcomes and saving healthcare costs.
The integration of cloud computing with IoT devices is also propelling market growth. Cloud platforms provide scalable storage solutions and facilitate the seamless sharing of patient data across healthcare providers, enabling more collaborative care and improving workflow efficiency. The cloud-based architecture is essential for enabling interoperability between diverse healthcare systems.
Lastly, telemedicine growth is accelerating the use of IoT technologies. With the rise of remote consultations, IoT devices provide physicians with real-time data from patients, enhancing decision-making and reducing the need for in-person visits. The World Health Organization reports that telemedicine adoption has surged globally, particularly in rural and underserved areas, as a result of the COVID-19 pandemic.
Restraints
Data Privacy and Security Concerns
The increasing use of IoT devices in healthcare generates vast amounts of sensitive patient data, raising concerns about data breaches and cyberattacks. As healthcare systems become more interconnected, the risk of unauthorized access and misuse of data grows, leading to the need for stronger cybersecurity measures and compliance with regulations like HIPAA.
High Implementation Costs
The initial setup and maintenance of IoT healthcare systems, including wearable devices, sensors, and cloud infrastructure, can be costly. These expenses may pose a challenge for smaller healthcare providers or those in developing regions, where budgets for such advanced technologies are limited.
By Component
In 2023, Devices emerged as the dominant component in the IoT healthcare market, accounting for over 45.0% of the market share. The growing adoption of connected medical devices, including wearables, sensors, and diagnostic equipment, contributed significantly to this dominance. These devices enable real-time monitoring, providing valuable data for patient management, chronic disease monitoring, and personalized healthcare. The increasing demand for home healthcare and remote patient monitoring also bolstered the growth of this segment. Devices like smart thermometers, pulse oximeters, glucose monitors, and ECG monitors are becoming more sophisticated, further fueling their dominance.
The Services segment is anticipated to grow at the fastest rate within the IoT healthcare market. This includes installation, maintenance, and consulting services related to IoT devices and systems. The need for technical support and expert guidance for implementing IoT solutions across healthcare providers is on the rise. With healthcare providers increasingly leveraging IoT systems to manage large volumes of data, the service sector is expected to expand rapidly, with a growth rate projected at over 20% CAGR over the next few years.
By Application
In 2023, Telemedicine dominated the Application segment of the IoT healthcare market, accounting for more than 30.0% of the market share. The rise of telehealth services, accelerated by the COVID-19 pandemic and the need for remote care, significantly boosted the adoption of IoT-powered telemedicine solutions. IoT devices like remote patient monitoring systems and wearable health trackers play a key role in telemedicine by transmitting patient data to healthcare providers for virtual consultations. This segment is expected to maintain its strong dominance due to the growing preference for remote healthcare services.
The Patient Monitoring Application is the fastest-growing segment in the IoT healthcare market. The demand for real-time monitoring of patients with chronic conditions, elderly patients, and post-surgical recovery has surged. Devices such as continuous glucose monitors (CGM), wearable ECG monitors, and blood pressure monitors are becoming increasingly popular. The global shift towards preventive healthcare and chronic disease management is expected to propel this segment, with an anticipated growth rate of 18% CAGR in the coming years.
By End-User
The hospital's end-user segment was the leader in 2023, holding a market share of around 40.0%. IoT solutions in hospitals are used for a variety of purposes including patient monitoring, asset tracking, inventory management, and workflow optimization. The integration of IoT in hospitals enhances operational efficiency, reduces costs, and improves patient care. The increasing need for streamlined healthcare management systems in hospitals contributes significantly to this segment's dominance.
The Clinics segment is projected to grow the fastest in the IoT healthcare market, with an expected growth rate of 22% CAGR. The rise of connected health solutions in outpatient care and the increasing adoption of IoT devices by smaller healthcare facilities such as clinics are key drivers for this growth. Clinics are increasingly adopting IoT technologies for patient monitoring, managing chronic diseases, and improving care coordination. This trend is expected to accelerate due to the rising number of outpatient visits and the need for efficient care delivery systems in smaller healthcare settings.
Need any customization research on Internet of Things in Healthcare Market - Enquiry Now
North America dominated the Internet of Things in the healthcare market in 2023, primarily driven by the U.S., where the adoption of IoT devices in healthcare is well-established. The U.S. healthcare system’s shift towards digital health, along with the country’s high healthcare expenditure, has created a robust environment for IoT solutions. The integration of wearables and AI in remote patient monitoring and chronic disease management is particularly prominent. Additionally, North America benefits from substantial investments in healthcare technology and supportive regulatory frameworks, including the Health Insurance Portability and Accountability Act (HIPAA), which ensures data privacy and security for IoT devices.
In Europe, the IoT healthcare market is also growing rapidly, driven by the increasing focus on telemedicine and remote patient monitoring. Countries like Germany, the UK, and France have invested heavily in digital health initiatives, leading to the widespread adoption of IoT-based solutions. The European Union’s Digital Health Strategy further enhances the growth potential of IoT by promoting interoperable systems and data-sharing frameworks. However, challenges related to data protection regulations, such as the General Data Protection Regulation (GDPR), have prompted stringent compliance requirements for IoT Applications in healthcare.
Asia-Pacific is expected to witness the fastest growth due to rising healthcare needs, increasing investment in healthcare infrastructure, and a rapidly growing tech-savvy population. Countries like China and India are embracing IoT to address challenges like urbanization and aging populations. Additionally, telemedicine growth during the COVID-19 pandemic has accelerated the use of IoT solutions across the region. However, cost concerns and infrastructure limitations remain significant challenges.
Cisco - Cisco IoT healthcare solutions
IBM - Watson Health, IoT-enabled solutions
GE Healthcare - Edison Platform, IoT-enabled medical devices
Microsoft - Azure IoT for healthcare
SAP - SAP Leonardo IoT solutions for healthcare
Medtronic - IoT-enabled cardiac and diabetes devices
Royal Philips - Philips HealthSuite, Connected Care solutions
Resideo Technologies - IoT-based healthcare devices
Securitas - IoT security for healthcare facilities
Bosch - IoT-based health monitoring systems
Armis - IoT security platform for healthcare
Oracle - Cloud-based IoT healthcare solutions
PTC - ThingWorx IoT platform for healthcare
Huawei - IoT-enabled healthcare wearables
Siemens - Siemens Healthineers, IoT solutions for healthcare
R-Style Lab - IoT Application development for healthcare
HQSoftware - Custom IoT healthcare solutions
Oxagile - IoT healthcare software for remote monitoring
Softweb Solutions - IoT-based healthcare solutions
OSP Labs - IoT healthcare Applications s
Comarch SA - IoT-driven healthcare platforms
Telit - IoT connectivity solutions for healthcare
Kore Wireless - IoT connectivity for healthcare devices
ScienceSoft - IoT-powered healthcare monitoring systems
Intel - IoT solutions for healthcare devices and cloud
AgaMatrix - IoT-enabled glucose monitoring devices
Welch Allyn - IoT-connected vital sign monitors
AliveCor - IoT-enabled ECG monitors
Sensely - IoT-powered virtual healthcare assistants
Clover Health - IoT-driven health platform
In September 2023, Infosys announced an expansion of its strategic partnership with NVIDIA Corporation. This collaboration aims to leverage generative AI technologies and expertise to enhance productivity across various industries, including healthcare.
In January 2023, HARMAN, a subsidiary of Samsung, launched a new digital healthcare platform designed specifically for businesses in the healthcare and life sciences sectors. The platform aims to help companies improve customer experiences by integrating advanced healthcare solutions.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 133.72 billion |
| Market Size by 2032 | US$ 668.98 billion |
| CAGR | CAGR of 19.61% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component [Devices, Software (Remote Device Management, Data Analytics, Compliance and Security, Asset Performance Management, Others (Data Storage, Electronic Health Record), Services] • By Application [Telemedicine, Patient Monitoring, Operations and Workflow Management, Remote Scanning, Sample Management, Others] • By End-User [Laboratory Research, Hospitals, Clinics, Others] |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Cisco, IBM, GE Healthcare, Microsoft, SAP, Medtronic, Royal Philips, Resideo Technologies, Securitas, Bosch, Armis, Oracle, PTC, Huawei, Siemens, R-Style Lab, HQSoftware, Oxagile, Softweb Solutions, OSP Labs, Comarch SA, Telit, Kore Wireless, ScienceSoft, Intel, AgaMatrix, Welch Allyn, AliveCor, Sensely, Clover Health |
| Key Drivers | • Driving Factors Behind the Growth of the IoT in the Healthcare Market Including Wearables, AI, Cloud Computing, and Telemedicine |
| Restraints | • Data Privacy and Security Concerns • High Implementation Costs |
Ans. Internet of Things in Healthcare Market Size was expected to reach USD 668.98 billion by 2032.
Ans. The Internet of Things in Healthcare Market is growing at a CAGR of 19.61% over the forecast period 2024-2032.
Ans. The internet of things (IoT) is defined as a network of real-world objects that enables data exchange through connectivity. Additionally, IoT is utilized in the healthcare industry for data collecting, analysis, and monitoring of electronic health records that contain protected health information, personally identifiable information, and other machine-generated healthcare data
Ans. Boston Scientific Corporation, IBM Corporation, Cisco System Inc., GE Healthcare, Honeywell Life Care Solutions. are key players of Internet of Things in Healthcare Market.
Ans. Yes, this report covers qualitative and quantitative analysis
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Adoption Rates and Penetration (2023)
5.2 Device Connectivity Trends (2023)
5.3 Market Revenue Distribution by Region (2023)
5.4 Volume of IoT Devices by Region (2020–2032)
5.5 Healthcare Spending on IoT Technologies (2023)
5.6 Patient and Provider Usage Statistics (2023)
5.7 Data Volume and Management Trends (2023)
5.8 Regulatory and Policy Trends (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Internet of Things in Healthcare Market Segmentation, by Component
7.1 Chapter Overview
7.2 Devices
7.2.1 Devices Market Trends Analysis (2020-2032)
7.2.2 Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Software
7.3.1 Software Market Trends Analysis (2020-2032)
7.3.2 Software Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.3 Remote Device Management
7.3.3.1 Remote Device Management Market Trends Analysis (2020-2032)
7.3.3.2 Remote Device Management Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.4 Data Analytics
7.3.4.1 Data Analytics Market Trends Analysis (2020-2032)
7.3.4.2 Data Analytics Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.5 Compliance and Security
7.3.5.1 Compliance and Security Market Trends Analysis (2020-2032)
7.3.5.2 Compliance and Security Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.6 Asset Performance Management
7.3.6.1 Asset Performance Management Market Trends Analysis (2020-2032)
7.3.6.2 Asset Performance Management Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.7 Others
7.3.7.1 Others Market Trends Analysis (2020-2032)
7.3.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Services
7.4.1 Services Market Trends Analysis (2020-2032)
7.4.2 Services Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Internet of Things in Healthcare Market Segmentation, by Application
8.1 Chapter Overview
8.2 Telemedicine
8.2.1 Telemedicine Market Trends Analysis (2020-2032)
8.2.2 Telemedicine Market Size Estimates and Forecasts to 2032 (USD Million)
8.3 Patient Monitoring
8.3.1 Patient Monitoring Market Trends Analysis (2020-2032)
8.3.2 Patient Monitoring Market Size Estimates and Forecasts to 2032 (USD Million)
8.4 Operations and Workflow Management
8.4.1 Operations and Workflow Management Market Trends Analysis (2020-2032)
8.4.2 Operations and Workflow Management Market Size Estimates and Forecasts to 2032 (USD Million)
8.5 Remote Scanning
8.5.1 Remote Scanning Market Trends Analysis (2020-2032)
8.5.2 Remote Scanning Market Size Estimates and Forecasts to 2032 (USD Million)
8.6 Sample Management
8.6.1 Sample Management Market Trends Analysis (2020-2032)
8.6.2 Sample Management Market Size Estimates and Forecasts to 2032 (USD Million)
8.7 Others
8.7.1 Others Market Trends Analysis (2020-2032)
8.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
9. Internet of Things in Healthcare Market Segmentation, by End-User
9.1 Chapter Overview
9.2 Laboratory Research
9.2.1 Laboratory Research Market Trends Analysis (2020-2032)
9.2.2 Laboratory Research Market Size Estimates and Forecasts to 2032 (USD Million)
9.3 Hospitals
9.3.1 Hospitals Market Trends Analysis (2020-2032)
9.3.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Million)
9.4 Clinics
9.4.1 Clinics Market Trends Analysis (2020-2032)
9.4.2 Clinics Market Size Estimates and Forecasts to 2032 (USD Million)
9.5 Others
9.5.1 Others Market Trends Analysis (2020-2032)
9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Million)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.2.3 North America Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.2.4 North America Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.5 North America Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.2.6 USA
10.2.6.1 USA Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.2.6.2 USA Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.6.3 USA Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.2.7 Canada
10.2.7.1 Canada Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.2.7.2 Canada Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.7.3 Canada Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.2.8 Mexico
10.2.8.1 Mexico Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.2.8.2 Mexico Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.2.8.3 Mexico Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.1.3 Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.1.4 Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.5 Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.1.6 Poland
10.3.1.6.1 Poland Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.1.6.2 Poland Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.6.3 Poland Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.1.7 Romania
10.3.1.7.1 Romania Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.1.7.2 Romania Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.7.3 Romania Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.1.8.2 Hungary Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.8.3 Hungary Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.1.9 turkey
10.3.1.9.1 Turkey Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.1.9.2 Turkey Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.9.3 Turkey Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.1.10.2 Rest of Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.1.10.3 Rest of Eastern Europe Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.3.2.3 Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.4 Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.5 Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.6 Germany
10.3.2.6.1 Germany Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.6.2 Germany Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.6.3 Germany Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.7 France
10.3.2.7.1 France Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.7.2 France Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.7.3 France Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.8 UK
10.3.2.8.1 UK Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.8.2 UK Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.8.3 UK Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.9 Italy
10.3.2.9.1 Italy Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.9.2 Italy Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.9.3 Italy Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.10 Spain
10.3.2.10.1 Spain Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.10.2 Spain Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.10.3 Spain Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.11.2 Netherlands Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.11.3 Netherlands Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.12.2 Switzerland Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.12.3 Switzerland Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.13 Austria
10.3.2.13.1 Austria Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.13.2 Austria Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.13.3 Austria Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.3.2.14.2 Rest of Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.3.2.14.3 Rest of Western Europe Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.4.3 Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.4 Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.5 Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.6 China
10.4.6.1 China Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.6.2 China Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.6.3 China Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.7 India
10.4.7.1 India Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.7.2 India Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.7.3 India Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.8 Japan
10.4.8.1 Japan Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.8.2 Japan Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.8.3 Japan Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.9 South Korea
10.4.9.1 South Korea Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.9.2 South Korea Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.9.3 South Korea Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.10 Vietnam
10.4.10.1 Vietnam Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.10.2 Vietnam Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.10.3 Vietnam Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.11 Singapore
10.4.11.1 Singapore Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.11.2 Singapore Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.11.3 Singapore Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.12 Australia
10.4.12.1 Australia Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.12.2 Australia Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.12.3 Australia Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.4.13.2 Rest of Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.4.13.3 Rest of Asia Pacific Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.1.3 Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.1.4 Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.5 Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.1.6 UAE
10.5.1.6.1 UAE Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.1.6.2 UAE Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.6.3 UAE Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.1.7.2 Egypt Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.7.3 Egypt Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.1.8.2 Saudi Arabia Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.8.3 Saudi Arabia Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.1.9.2 Qatar Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.9.3 Qatar Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.1.10.2 Rest of Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.1.10.3 Rest of Middle East Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.5.2.3 Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.2.4 Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.5 Africa Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.2.6.2 South Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.6.3 South Africa Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.2.7.2 Nigeria Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.7.3 Nigeria Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.5.2.8.2 Rest of Africa Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.5.2.8.3 Rest of Africa Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by Country (2020-2032) (USD Million)
10.6.3 Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.6.4 Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.5 Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.6.6 Brazil
10.6.6.1 Brazil Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.6.6.2 Brazil Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.6.3 Brazil Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.6.7 Argentina
10.6.7.1 Argentina Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.6.7.2 Argentina Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.7.3 Argentina Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.6.8 Colombia
10.6.8.1 Colombia Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.6.8.2 Colombia Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.8.3 Colombia Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by Component (2020-2032) (USD Million)
10.6.9.2 Rest of Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by Application (2020-2032) (USD Million)
10.6.9.3 Rest of Latin America Internet of Things in Healthcare Market Estimates and Forecasts, by End-User (2020-2032) (USD Million)
11. Company Profiles
11.1 Cisco
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 IBM
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 GE Healthcare
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Microsoft
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 SAP
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Resideo Technologies
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Oracle
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Softweb Solutions
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Comarch SA
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Kore Wireless
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Component
Devices
Software
Remote Device Management
Data Analytics
Compliance and Security
Asset Performance Management
Others
Services
By Application
Telemedicine
Patient Monitoring
Operations and Workflow Management
Remote Scanning
Sample Management
Others
By End-User
Laboratory Research
Hospitals
Clinics
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The ECG Patch & Holter Monitor Market size was valued at USD 1.60 Billion in 2023 and is expected to reach USD 7.78 Billion by 2032 and grow at a CAGR of 19.23% over the forecast period 2024-2032.
The Biological Safety Testing Products and Services Market size was valued at $4.42 Bn in 2023 & will reach $10.51 Bn by 2032 & growing at a CAGR of 10.10% Over the Forecast period of 2024-2032.
The Venous Thromboembolism Treatment Market Size was valued at USD 1.05 Bn in 2023, and is expected to reach USD 2.13 Bn by 2032, and grow at a CAGR of 8.50% Over the Forecast Period of 2024-2032.
The Sleep Apnea Devices Market Size was valued at USD 4.69 billion in 2023 and is projected to reach USD 7.82 billion by 2031 with a growing CAGR of 6.60% Over the Forecast Period of 2024-2031.
The Medical Carts Market Size was valued at USD 3.08 billion in 2023 and is expected to reach USD 12.56 billion by 2032 and grow at a CAGR of 16.88% over the forecast period 2024-2032.
The Intensive Care Unit Market size was valued at $7.30 Bn in 2023 and is expected to reach $10.82 Bn by 2032 with a growing CAGR of 4.49% by 2024-2032.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
