Monday Apr 21, 2025

At remarkable 16.80% CAGR, Internet of Things in Healthcare Market Future Looks Bright for Market Size with Soaring Projections

Global Internet of Things in Healthcare Market Size study & Forecast, by Component, by Connectivity Technology, by Application, by End-use and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Internet of Things in Healthcare market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Internet of Things in Healthcare market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation

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Global Internet of Things in Healthcare Market is valued approximately USD 252.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 16.80% over the forecast period 2023-2030. The Internet of Things (IoT) in the healthcare market refers to the application of IoT technology and solutions in the healthcare industry. IoT involves connecting various physical devices and objects to the internet and enabling them to communicate, collect and exchange data, and perform automated actions. The major driving factors for the Global Internet of Things in Healthcare Market are increasing usage of smartphones, growing geriatric population, and increasing adoption of remote patient monitoring. Moreover, technological advancements and rising demand for IoT solutions in healthcare is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

One of the key elements driving the rise of the internet of things in the healthcare sector is the high penetration of smartphones. According to The Mobile Economy 2022, 67% of the world’s population had smartphones in 2021, and 85% are predicted to have them by 2025. The demand for IoT solutions is rising in part due to a growth in the number of mobile subscriptions. Increased mobile subscriptions in developing nations including India, Indonesia, China, Bangladesh, and several African and Latin American nations are anticipated to fuel market expansion. Additionally, expanding network coverage and ongoing network infrastructure upgrades are giving the major players in the market chances to expand their market share. However, the high cost of Internet of Things in Healthcare stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Internet of Things in Healthcare Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. In 2022, North America is expected to be a significant market for IoT in healthcare due to the presence of advanced healthcare infrastructure, technological advancements, and high adoption rates of IoT solutions. The United States, in particular, is a key player in this region, with several companies investing in IoT applications for healthcare. The Asia Pacific region is witnessing rapid growth in the IoT healthcare market. Factors such as increasing healthcare expenditure, expanding healthcare infrastructure, and the rising demand for connected healthcare solutions drive the market in countries like China, Japan, India, and South Korea.

Major market players included in this report are:

  • Medtronic plc
  • Cisco Systems, Inc.
  • International Business Machines Corporation
  • GE Healthcare
  • Microsoft Corporation
  • SAP SE
  • Infosys Limited
  • Cerner Corporation
  • QUALCOMM Incorporated
  • Amazon.com, Inc.

Recent Developments in the Market:

In June 2022, business introduced the Allia platform, which was created for minimally invasive image-guided surgery. A lengthy design process including surgeons and interventionists produced the platform. The goals of Allia’s design were to increase the use of picture guidance in everyday practise, increase workflow efficiency, and improve user experience.

Global Internet of Things in Healthcare Market Report Scope:

Historical Data: 2020 – 2021

Base Year for Estimation: 2022

Forecast period: 2023-2030

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Connectivity Technology, Application, End-use Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Component offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

  • Medical Devices
  • System and Software
  • Services

By Connectivity Technology:

  • Cellular
  • Wi-Fi
  • Bluetooth
  • LPWANs
  • Zigbee
  • RFID

By Application:

  • Telemedicine
  • Patient Monitoring
  • Connected Imaging
  • Clinical Operations
  • Medical Management
  • Others

By End-use:

  • Hospitals and Clinics
  • Clinical Research Organizations
  • Research and Diagnostic Laboratories
  • Others

What our report offers:

  • Executive Summary: A concise overview of the report, highlighting the main points, key findings, and recommendations.
  • Introduction: Sets the context for the report by explaining the purpose, scope, and objectives. It may also include background information on the topic.
  • Methodology: Describes the methods and approaches used to gather data, conduct research, and analyze information for the report. This section provides transparency and credibility to the findings.
  • Findings/Results: Presents the main information, data, and analysis related to the topic. It may include charts, graphs, tables, or other visual aids to support the findings.
  • Analysis and Interpretation: Provides an in-depth examination and interpretation of the findings. It may involve comparing data, identifying trends, and drawing conclusions based on the evidence presented.
  • Discussion: Explores the implications and significance of the findings within the broader context. This section may address challenges, opportunities, and potential solutions related to the subject matter.
  • Recommendations: Offers actionable suggestions based on the analysis and findings of the report. Recommendations should be specific, feasible, and linked to the report’s objectives.
  • References/Citations: Includes a list of sources, references, or citations used in the report. This ensures proper attribution and allows readers to explore the referenced material.
  • Appendices: Supplementary materials such as additional data, charts, or supporting documents that are relevant to the report but not included in the main body.
  • Conclusion: Summarizes the key points discussed in the report and reinforces the main findings.

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

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  • What is the current size of the market and how is it expected to grow in the future?
  • What are the key drivers influencing market growth?
  • What are the major challenges or constraints faced by market participants?
  • What are the emerging trends and opportunities in the market?
  • Who are the major competitors in the market and what is their market share?
  • What are the key customer segments and their preferences within the market?
  • What are the regional or geographic trends and variations within the market?
  • What are the regulatory and legal factors impacting the market?
  • What are the technological advancements or innovations shaping the market?
  • What are the pricing trends and strategies observed in the market?
  • What are the distribution channels and their effectiveness in reaching the target market?

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Key Points Covered in Internet of Things in Healthcare Market Report:

Table of Contents

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)

1.2.1. Internet of Things in Healthcare Market, by Region, 2020-2030 (USD Billion)

1.2.2. Internet of Things in Healthcare Market, by Component, 2020-2030 (USD Billion)

1.2.3. Internet of Things in Healthcare Market, by Connectivity Technology, 2020-2030 (USD Billion)

1.2.4. Internet of Things in Healthcare Market, by Application, 2020-2030 (USD Billion)

1.2.5. Internet of Things in Healthcare Market, by End-use, 2020-2030 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Internet of Things in Healthcare Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Industry Evolution

2.2.2. Scope of the Study

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Internet of Things in Healthcare Market Dynamics

3.1. Internet of Things in Healthcare Market Impact Analysis (2020-2030)

3.1.1. Market Drivers

3.1.1.1. Increasing usage of smartphones

3.1.1.2. Growing Geriatric Population

3.1.1.3. Increasing adoption of remote patient monitoring

3.1.2. Market Challenges

3.1.2.1. High Cost of Internet of Things in Healthcare

3.1.3. Market Opportunities

3.1.3.1. Technological advancements

3.1.3.2. Rising demand for IoT solutions in healthcare

Chapter 4. Global Internet of Things in Healthcare Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.2. Porter’s 5 Force Impact Analysis

4.3. PEST Analysis

4.3.1. Political

4.3.2. Economical

4.3.3. Social

4.3.4. Technological

4.3.5. Environmental

4.3.6. Legal

4.4. Top investment opportunity

4.5. Top winning strategies

4.6. COVID-19 Impact Analysis

4.7. Disruptive Trends

4.8. Industry Expert Perspective

4.9. Analyst Recommendation & Conclusion

……..and view more in complete table of Contents

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