Healthcare Internet of Things (IoT) Market Will Reach USD 322.2 Billion by 2025: Meticulous Research® - Reuters

 

Healthcare Internet of Things (IoT) Market Will Reach USD 322.2 Billion by 2025: Meticulous Research®

Healthcare Internet of Things (IoT) Market Will Reach USD 322.2 Billion by 2025: Meticulous Research®

Thu May 16, 2019 - 10:30am UTC

Healthcare IoT Market by Component (Medical Device, Connectivity Solutions, Systems and Software, Services), Application (Telemedicine, Clinical Operations and Workflow Management, Medication Management, Connected Imaging, Inpatient Monitoring), and by End User – Global Forecast to 2025

Pune, India – May 16, 2019

Healthcare IoT market has shown strong growth pattern in recent year’s majorly due to increasing number of digital health initiatives from governments across the globe, growing need to reduce the cost of healthcare, rising focus on patient centric care delivery, and increasing penetration of smart phones and high-speed networking and connectivity solutions. In addition, improving healthcare infrastructure, rising per capital income, and growing healthcare spending are expected to create greater demand for IoT enabled medical devices in developing countries across APAC, Latin America, and Middle East and Africa region.

Meticulous Research® in its latest publication on healthcare IoT market states that the global healthcare IoT market will increase at a CAGR of 29.9% from 2018 to 2025 to reach USD 322.2 billion by 2025. Wherein, geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to increasing utilization of connected medical devices for management of chronic diseases, increasing need to improve operational efficiency of the healthcare systems, high penetration of smartphones and availability of well-established infrastructure of high-speed networking and connectivity solutions, and government initiatives towards digitalization of healthcare industry.

The report provides meticulous analysis of global healthcare IoT market by segmenting it on the basis of component (medical devices, systems & software, connectivity technologies, and support services), application (telemedicine, clinical operations and workflow management, medication management, inpatient monitoring, connected imaging, other applications), and end user (hospital & clinics, home care & long term care settings, and other end users). Wherein, among applications, telemedicine segment commanded the largest share in this market. The largest share of this segment is primarily attributed to increasing penetration of telemedicine in healthcare infrastructure of many countries, increasing demand for healthcare services in the light of growing geriatric population, growing penetration of home healthcare, and increasing need to improve accessibility of healthcare services in remote locations.

The key players analyzed in the global healthcare IoT market are Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Qualcomm Life, Inc. (U.S.), Honeywell Life Care Solutions (U.S.). Whereas, the leading players offering IoT-enabled medical devices include GE Healthcare (US), Siemens Healthineers (Germany), Medtronic (US), Philips (Netherlands), Honeywell Life Care Solutions (US), Boston Scientific (US), Johnson & Johnson (US), BIOTRONIK Germany), Omron (Japan), AgaMatrix (US), STANLEY Healthcare (US), AliveCor (US), iHealth Lab (US), and Welch Allyn (US).

Check special discount on Healthcare IoT Market – Global Opportunity Analysis and Industry Forecast (2018 – 2025)

Key Topics Covered in This Report:
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.4. Key Stakeholders

2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation

3. Executive Summary
3.1. Introduction
3.2. Market Dynamics
3.3. Product Market Analysis
3.4. Application Market Analysis
3.5. End User Market Analysis
3.6. Regional Market Analysis
3.7. Competitive Analysis

4. Market Overview
4.1. Overview
4.2. Drivers
4.2.1. Need for Cost-Containment in Healthcare Delivery
4.2.2. Increasing Focus on Patient-Centric Care Delivery
4.2.3. Growing Smartphone Penetration and Increasing Adoption of High-Speed Networking Technologies
4.2.4. Digital Health Initiatives across the Globe
4.3. Restraints
4.3.1. High Cost of IoT Infrastructure Deployment and Cost of Ownership
4.3.2. Dearth of IT Professionals across Healthcare Organizations
4.4. Opportunities
4.4.1. Growing Focus on Telehealth Technologies
4.5. Challenges
4.5.1. Data Security Concerns
4.5.2. Issues Related to Data Management and Interoperability

5. Industry Overview
5.1. Healthcare IoT Ecosystem
5.1.1. Original Equipment Manufacturers (OEMs)
5.1.2. Connectivity Solution Providers
5.1.3. Medical Device Manufacturers
5.1.4. Systems and Software Vendors
5.1.5. System Integrators and Service Providers
5.1.6. End Users
5.2. Regulatory Assessment
5.2.1. Regulations and Approval Guidelines
5.2.2. Testing and Certification

6. Global Healthcare IoT Market, by Component
6.1. Overview
6.2. Medical Devices
6.2.1. Medical Devices Market, by Type of Device
6.2.1.1. Stationary Medical Devices
6.2.1.2. Implantable Medical Devices
6.2.1.3. Wearable Medical Devices
6.2.1.4. Other IoT Medical Devices
6.2.2. Medical Devices Market, by Product
6.2.2.1. Imaging Systems
6.2.2.2. Vital Signs Monitoring Devices
6.2.2.2.1. Blood Glucose Monitors
6.2.2.2.2. ECG/Heart Rate Monitors
6.2.2.2.3. Blood Pressure Monitors
6.2.2.2.4. Multiparameter Monitors
6.2.2.2.5. Oximeters
6.2.2.3. Implantable Cardiac Devices
6.2.2.3.1. Implantable Cardioverter Defibrillators
6.2.2.3.2. Pacemakers
6.2.2.3.3. Implantable Cardiac Monitors
6.2.2.4. Patient Monitors
6.2.2.5. Respiratory Devices
6.2.2.6. Infusion Pumps
6.2.2.7. Anaesthesia Machines
6.2.2.8. Neurological Devices
6.2.2.9. Hearing Devices
6.2.2.10. Fetal Monitoring Devices
6.2.2.11. Ventilators
6.2.2.12. Other IoT Enabled Medical Devices
6.3. Systems and Software
6.4. Connectivity Technologies
6.5. Support Services

7. Global Healthcare IoT Market, by Application
7.1. Overview
7.2. Telemedicine
7.3. Clinical Operations and Workflow Management
7.4. Medication Management
7.5. Inpatient Monitoring
7.6. Connected Imaging
7.7. Other Applications

8. Global Healthcare IoT Market, by End User
8.1. Overview
8.2. Hospitals & Clinics
8.3. Home Care & Long-Term Care Settings
8.4. Other End Users

9. Healthcare IoT Market, by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. U.K.
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. Rest of Asia-Pacific
9.5. Latin America
9.6. Middle East & Africa

10. Competitive Outlook
10.1. Market Ranking
10.2. Competitive Situation & Trends
10.2.1. Acquisitions and Mergers (2017-2018)
10.2.2. Partnerships and Collaborations (2017-2019)
10.2.3. Product Launches (2016-2019)
10.2.4. Approvals (2017-2018)
10.2.5. Other Developments (2016-2019)

11. Company Profiles (Business Overview, Financial Overview, Product Offering, Recent Strategic Developments)
11.1. Medical Device Manufacturers
11.1.1 Medtronic
11.1.2 GE Healthcare
11.1.3 Philips Healthcare (Philips)
11.1.4 Siemens Ag
11.1.5 Abbott Laboratories
11.1.6 Boston Scientific
11.1.7 Honeywell Life Care Solutions
11.2. Technology Providers
11.2.1 Intel Corporation
11.2.2 International Business Machines Corporation
11.2.3 Microsoft Corporation
11.2.4 Cisco Systems Inc.
11.2.5 SAP SE

12. Appendix
12.1. Questionnaire
12.2. Available Customization

Request TOC and Sample Pages @ https://www.meticulousresearch.com/request-sample-report/cp_id=4945

Contact Info:
Name: Khushal
Email: Send Email
Organization: Meticulous Market Research Pvt. Ltd.
Address: Pune, India
Phone: +91 744-7780008
Website: https://www.meticulousresearch.com/product/healthcare-iot-market/

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