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Data Bridge Market Research has unveiled a new report called “Internet of Things (IoT) Healthcare Market“ which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape. The Internet of Things (IoT) Healthcare marketing report offers an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining crucial insight of the market. Such a brilliant report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same. The wide-ranging market research report presents intelligent solutions to versatile business challenges and instigates an effortless decision-making process.
Data Bridge Market Research analyses that the internet of things (IoT) healthcare market, valued at USD 252.1 billion in 2022, will reach USD 963.79 billion by 2030, growing at a CAGR of 18.25% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Key Opportunities
- IoT-connected smart devices create lucrative opportunities for health insurance companies
With IoT-connected intelligent devices, health insurers have a variety of opportunities. Health monitoring device data may be used by insurance companies for underwriting and claims processing. Using this data, they will be able to recognize candidates for underwriting and detect fraud claims. IoT devices increase transparency between insurers and customers in the underwriting, pricing, claims management, and risk assessment processes. Customers will have adequate insight into the underlying logic behind each decision made and process outcomes as a result of IoT-captured data-driven decisions in all operating processes.
Noteworthy Players Operating at Regional and Global Levels:
- Cisco Systems, Inc. (U.S.)
- Microsoft (U.S.)
- Apple Inc. (U.S.)
- SAP SE (Germany)
- Oracle (U.S.)
- Siemens (Germany)
- ABB (Switzerland)
- Huawei Technologies Co., Ltd (China)
- Hitachi Vantara LLC (U.S.)
- Qualcomm Technologies, Inc. (U.S.)
- Rockwell Automation (U.S.)
- General Electric (U.S.)
- Koninklijke Philips N.V (Netherlands)
- Boston Scientific Corporation (U.S.)
- Honeywell International Inc. (U.S.)
- BL Healthcare, Inc (U.S.)
- Preventice Solutions Inc (U.S.)
- Medtronic (Ireland)
- BIOSERENITY (France)
Recent Developments
- In 2022, In order to provide patients with chronic and post-acute care, GE Healthcare and AMC Health partnered in remote health monitoring.
- In 2022, the acquisition of Stanley Security and Healthcare by Securitas was announced. This purchase will aid Securitas in its goal of becoming a partner in global security solutions.
- In 2022, Portrait Mobile, a new remote patient monitoring system from GE Healthcare, uses wearable wireless sensors to assist clinicians in spotting patient deterioration earlier than with conventional approaches.
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Internet of Things (IoT) Healthcare Market Segmentations:
Component
- Medical Devices
- Wearable External Medical Devices
- Implanted Medical Devices
- Stationary Medical Devices
- Others
- Systems and Software
- Remote Device management
- Network Bandwidth Management
- Data Analytics
- Compliance and Data Security
- Asset Performance Management
- Application Security
- Network Security
- Others
- Data Storage
- Electronic Health Record
- Services
- Architecture (System Integration)
- Deployment and Integration
- Consulting
- Support and Maintenance
- Connectivity Technology
Product
- Vital Signs Monitoring Devices
- Blood Glucose Monitors
- ECGs/Heart Rate Monitors
- Blood Pressure Monitors
- Multiparameter Monitors
- Oximeters
- Imaging Systems
- Respiratory Devices
- Implantable Cardiac Devices
- Implantable Cardioverter-Defibrillators
- Pacemakers
- Implantable Cardiac Monitors
- Patient Monitors
- Infusion Pump
- Fetal Monitoring Devices
- Neurological Devices
- Ventilators
- Anaesthesia Machines
- Hearing Devices
- Other Products
Application
- Telemedicine
- Clinical Operations and Workflow Management
- Connected Imaging
- Patient Monitoring
- Imaging
- Medication Management
- Remote Scanning
- Sample Management
- Others
- Fitness and Wellness Measurement
- Predictive Device Maintenance
- Drug Development
Connectivity Technology
- Wi-Fi
- Bluetooth Low Energy (BLE)
- ZigBee
- Near Field Communication (NFC)
- Cellular
- Embedded Systems
- Satellite
- LPWANS
- RFID
- Others
- EnOcean
End User
- Hospitals
- Surgical Centres
- Clinics
- Home Care and Long Term Care Centres
- Health Insurance Companies
- Personal Users
- Clinical Research Organization (CRO)
- Government and Defense Institutions/ Authorities
- Research and Diagnostics Laboratories
- Biotech
- Pharma
- Others
- Academic Institutes
- Clinic Tests
- Pathology
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