Report Id: HIIHM1220
IoT in Healthcare Market Size By Application (Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management), By Component (Connectivity Technology, Services, Medical Devices, Systems and Software), By End User (Government and Defense Institutions, Research and Diagnostic Laboratories, Hospitals, Surgical Centers, and Clinics, Clinical Research Organizations), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The global IoT in Healthcare market is expected to grow upto US$ 372.90 Billion by 2028, at CAGR of about 22.26% during the forecast period.
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CLICK HERENorth America
8
South America
5
Europe
7
APAC
9
Others
6
MARKET SNAPSHOT
Major Players
- Capsule Technologies
- Resideo Technologies
- Royal Philips
- Medtronic
- SAP
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
22.26%
REPORT DESCRIPTION
The global IoT in Healthcare market is expected to grow upto US$ 372.90 Billion by 2028, at CAGR of about 22.26% during the forecast period.
Increasing adoption of wearable technology, investments for implementing digital technologies in healthcare institutions, and the rise of connected care are the key factors increasing industry development. Technological advancements and rising geriatric population coupled with growing frequency of chronic conditions are also positively affecting the market expansion.
Connected technology is one of the primary applications of IoT in healthcare. Such devices are majorly used for taking readings, observing patterns, patient monitoring, and notifying patients in case of limitations in patterns. This technology is also used in real-time monitoring of making informed decisions, at-risk patients, and preventing emergency room visits. Discount in waiting times at emergency rooms has also enhanced its adoption in medical management. Main companies are emerging innovative software programs to address various issues in healthcare.
The global IoT in Healthcare market is segregated on the basis of Application as Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management, Others, Telemedicine, Store-and-forward Telemedicine, Remote Patient Monitoring, and Interactive Medicine. Based on Component the global IoT in Healthcare market is segmented in Connectivity Technology, Services, Medical Devices, and Systems and Software. Based on End User the global IoT in Healthcare market is segmented in Government and Defense Institutions, Research and Diagnostic Laboratories, Hospitals, Surgical Centers, and Clinics, and Clinical Research Organizations.
The global IoT in Healthcare market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IoT in Healthcare market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Capsule Technologies, Resideo Technologies, Royal Philips, Medtronic, SAP, Microsoft, GE Healthcare, IBM, Cisco, Stanley Healthcare, and others are among the major players in the global IoT in Healthcare market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The IoT in Healthcare Market has been segmented as below:
IoT in Healthcare Market, By Application
- Clinical Operations and Workflow Management
- Connected Imaging
- Inpatient Monitoring
- Medication Management
- Others
- Telemedicine
- Store-and-forward Telemedicine
- Remote Patient Monitoring
- Interactive Medicine
IoT in Healthcare Market, By Component
- Connectivity Technology
- Services
- Deployment and Integration
- Consulting
- Support and Maintenance
- Medical Devices
- Wearable External Medical Devices
- Implanted Medical Devices
- Stationary Medical Devices
- Systems and Software
- Remote Device Management
- Network Bandwidth Management
- Data Analytics
- Application Security
- Network Security
IoT in Healthcare Market, By End User
- Government and Defense Institutions
- Research and Diagnostic Laboratories
- Hospitals, Surgical Centers, and Clinics
- Clinical Research Organizations
IoT in Healthcare Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
IoT in Healthcare Market, By Company
- Capsule Technologies
- Resideo Technologies
- Royal Philips
- Medtronic
- SAP
- Microsoft
- GE Healthcare
- IBM
- Cisco
- Stanley Healthcare
The report covers:
- Global IoT in Healthcare market sizes from 2021 to 2028, along with CAGR for 2023-2028
- Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
- Global IoT in Healthcare market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT in Healthcare market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global IoT in Healthcare market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT in Healthcare market share. Major industry players with significant revenue share include Capsule Technologies, Resideo Technologies, Royal Philips, Medtronic, SAP, Microsoft, GE Healthcare, IBM, Cisco, Stanley Healthcare, and others.
Reasons to Buy this Report:
- Gain detailed insights on the IoT in Healthcare industry trends
- Find complete analysis on the market status
- Identify the IoT in Healthcare market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Some of the recent developments in IoT in Healthcare Market are as follows:
Cisco
- 09-2020: Cisco Meraki has declared a collaboration with Microsoft to support simplify and support organizations moving workloads to the cloud.
- 04-2019: Cisco is declaring innovative solutions which support customers embrace a new age of wireless connectivity. Wi-Fi 6, the new standard for Wi-Fi networks, is redefining what’s possible for businesses powering a new era of immersive wireless experiences and the connecting of billions of things.
Ge Healthcare
- 07-2020: GE Renewable Energy has declared which it has been designated by Megha Engineering and Infrastructure Limited to supply and commission four 125 MW fixed speed impelled storage turbines for the new Kundah hydropower plant in India.
- 08-2020: GE Healthcare’s innovative shatterproof polymer +PLUSPAK Pharmacy Bulk Package has been accepted by the US FDA for use with its macrocyclic gadolinium-based MRI contrast agent, Clariscan. As the only FDA accepted MRI contrast agent in a polymer bottle, Clariscan in +PLUSPAK will offer MRI departments a variety of ways in which they can expand safety and workflow efficiency.
Customization
Customized report as per the requirement can be offered with appropriate recommendations.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. IoT in Healthcare Market, By Application
5.1 Introduction
5.2 Clinical Operations and Workflow Management
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Connected Imaging
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Inpatient Monitoring
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Medication Management
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Others
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Telemedicine
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Store-and-forward Telemedicine
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Remote Patient Monitoring
5.9.1 Market Overview
5.9.2 Market Size and Forecast
5.10 Interactive Medicine
5.10.1 Market Overview
5.10.2 Market Size and Forecast
6. IoT in Healthcare Market, By Component
6.1 Introduction
6.2 Connectivity Technology
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Services
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Medical Devices
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Systems and Software
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. IoT in Healthcare Market, By End User
7.1 Introduction
7.2 Government and Defense Institutions
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Research and Diagnostic Laboratories
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Hospitals, Surgical Centers, and Clinics
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Clinical Research Organizations
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8. IoT in Healthcare Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America IoT in Healthcare, By Application
8.2.2 North America IoT in Healthcare, By Component
8.2.3 North America IoT in Healthcare, By End User
8.3 Europe
8.3.1 Europe IoT in Healthcare, By Application
8.3.2 Europe IoT in Healthcare, By Component
8.3.3 Europe IoT in Healthcare, By End User
8.4 Asia-Pacific
8.4.1 Asia-Pacific IoT in Healthcare, By Application
8.4.2 Asia-Pacific IoT in Healthcare, By Component
8.4.3 Asia-Pacific IoT in Healthcare, By End User
8.5 Rest of the World
8.5.1 Rest of the World IoT in Healthcare, By Application
8.5.2 Rest of the World IoT in Healthcare, By Component
8.5.3 Rest of the World IoT in Healthcare, By End User
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Capsule Technologies
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Resideo Technologies
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Royal Philips
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Medtronic
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 SAP
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Microsoft
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 GE Healthcare
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 IBM
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Cisco
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Stanley Healthcare
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
10.11 R-Style Lab
10.11.1 Company Overview
10.11.2 Product/Service Landscape
10.11.3 Financial Overview
10.11.4 Recent Developments
10.12 Siemens
10.12.1 Company Overview
10.12.2 Product/Service Landscape
10.12.3 Financial Overview
10.12.4 Recent Developments
10.13 Huawei
10.13.1 Company Overview
10.13.2 Product/Service Landscape
10.13.3 Financial Overview
10.13.4 Recent Developments
10.14 PTC
10.14.1 Company Overview
10.14.2 Product/Service Landscape
10.14.3 Financial Overview
10.14.4 Recent Developments
10.15 Oracle
10.15.1 Company Overview
10.15.2 Product/Service Landscape
10.15.3 Financial Overview
10.15.4 Recent Developments
10.16 Armis
10.16.1 Company Overview
10.16.2 Product/Service Landscape
10.16.3 Financial Overview
10.16.4 Recent Developments
10.17 Bosch
10.17.1 Company Overview
10.17.2 Product/Service Landscape
10.17.3 Financial Overview
10.17.4 Recent Developments
The IoT in Healthcare Market has been segmented as below:
IoT in Healthcare Market, By Application
- Clinical Operations and Workflow Management
- Connected Imaging
- Inpatient Monitoring
- Medication Management
- Others
- Telemedicine
- Store-and-forward Telemedicine
- Remote Patient Monitoring
- Interactive Medicine
IoT in Healthcare Market, By Component
- Connectivity Technology
- Services
- Deployment and Integration
- Consulting
- Support and Maintenance
- Medical Devices
- Wearable External Medical Devices
- Implanted Medical Devices
- Stationary Medical Devices
- Systems and Software
- Remote Device Management
- Network Bandwidth Management
- Data Analytics
- Application Security
- Network Security
IoT in Healthcare Market, By End User
- Government and Defense Institutions
- Research and Diagnostic Laboratories
- Hospitals, Surgical Centers, and Clinics
- Clinical Research Organizations
IoT in Healthcare Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
IoT in Healthcare Market, By Company
- Capsule Technologies
- Resideo Technologies
- Royal Philips
- Medtronic
- SAP
- Microsoft
- GE Healthcare
- IBM
- Cisco
- Stanley Healthcare
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of IoT in Healthcare Market?
The market is expected to grow at a CAGR of 22.26% during the study period (2023-2028)
How big is the IoT in Healthcare Market value?
The global IoT in Healthcare Market Expected to Exceed more than US$ 372.90 Billion by 2028.
What is the segment’s covered for the IoT in Healthcare Market ?
The segment included in the IoT in Healthcare Market is Application, Component, End User and Region.
Who are the major key vendors in the IoT in Healthcare Market?
Some key players operating in the IoT in Healthcare Market include Capsule Technologies, Resideo Technologies, Royal Philips, Medtronic, SAP, Microsoft
What are the different forms of the report available?
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• Spreadsheet/ Workbook
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