The “IoT in Healthcare Market to 2025 – Global Analysis and Forecasts by Solution (Medical systems & Devices and Software Solutions & Tools), Services (Professional Services & Integration Services) Application (Medication Management, Patient Monitoring, Fitness & Wellness Measurement, Clinical Workflow Management and Others) and End-user (Patients & Individuals, Diagnostic & Research and Labs, Hospitals & Healthcare Institutes and Government Authority)” report provides a detailed overview of the major factors impacting the global IoT in Healthcare market with the market share analysis and revenues of various sub segments.
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The global IoT in Healthcare market was estimated at US $20.2 billion in 2015. This market is expected to grow at a CAGR of 21.2% between 2016 and 2025, to reach US $135.9 Billion in 2025.
The global IoT in Healthcare market has been segmented by Solution into medical systems & devices; and software solutions & tools. The medical systems & devices market is further sub-segmented into on-body wellness, on-body healthcare and implanted devices. Furthermore, the software solutions & tools market is sub-segmented into data analytics tools & solutions, network management solutions and security solutions. On the basis of services, the market is bifurcated into professional and integration services. The application segment of IoT in Healthcare market is classified into medication management, patient monitoring, fitness & wellness measurement, clinical workflow management and others. Also, by end-user, the market is categorized into patients & individuals, diagnostic & research centers and labs, hospitals & healthcare institutes and government authority. The hospital & healthcare institutes under end-user segment had accounted for the largest share of the IoT in Healthcare market in 2015 and is expected to continue its dominance to grow at the highest CAGR of 21.7% between 2016 and 2025.
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In the application segment, patient monitoring segment had the largest share of the IoT in Healthcare market in 2015 and is anticipated to grow at the highest CAGR between 2016 and 2025.
The geographic segments included in this report are North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The adoption of IoT in Healthcare technology is constantly increasing with the increased demand for cost-effective healthcare facilities and better patient care. The continuous growth of the market is attributed to the increasing adoption of smart devices and improving IoT infrastructure worldwide.
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The major industry players in the IoT in Healthcare market include GE Healthcare (US), IBM Corp. (US), Koninklijke Philips N.V. (Netherlands), Medtronic plc. (Ireland), Microsoft Corporation (US), Proteus Digital Health, Inc. (US), Qualcomm Life, Inc. (US), Siemens Healthcare GmbH (Germany), STANLEY Healthcare (US) and Verily Life Sciences LLC (US).
The report segments the global IoT in Healthcare market as follows:
Global IoT in Healthcare Market – By Solution
- Medical Systems & Devices
- On-Body Wellness
- On-Body Healthcare
- Software Solutions & Tools
- Data Analytics Tools & Solutions
- Network Management Solutions
- Security Solutions
Global IoT in Healthcare Market – By Services
- Professional Services
- Integration Services
Global IoT in Healthcare Market – By Application
- Medication Management
- Patient Monitoring
- Fitness & Wellness Measurement
- Clinical Workflow Management
Global IoT in Healthcare Market – By End-User
- Patients and Individuals
- Diagnostic & Research Centers and Labs
- Hospital & Healthcare Institutes
- Government Authority
Global IoT in Healthcare Market – By Geography
- North America
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- South America (SAM)
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