IoT in Healthcare Market: Trend, Industry Growth, Top Company Profiles, Future Plans, Opportunity Assessment, Development Status

IoT in Healthcare Market research report best suits the requirements of the client. To succeed in this promptly changing marketplace, businesses must take up the market research report solution such as IoT in Healthcare Market report. Strategically analyzed facts and figures of the market and keen business insights covered in this marketing report would be a key aspect in achieving enduring business growth. This market research report encompasses different industry verticals for industry such as company profile, contact details of the manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares, and possible sales volume of the company.

The IoT in healthcare market size is projected to grow from USD 72.5 billion in 2020 to USD 188.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period. IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User, and Region – Global Forecast to 2025

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The IoT in healthcare market is driven by factors, such as advancement in technology coupled with rising demand for self-health management service and rise of digitalization and increase in the overall level of connectivity and innovations taking place in the modern healthcare ecosystem. However, lack of skilled digital workforce, and challenge for organizations due to security concerns related to the violation of crucial patient information are expected to retrict the growth of the IoT in healthcare market.

The report includes the study of key players offering IoT in healthcare solutions and services.It 20profiles major vendors in the global IoT in healthcare market.Major vendors in the IoT in healthcare market are Agamatrix (US), Armis (US), Bosch (Germany),  Capsule Technologies (US), Comarch SA (Poland), Cisco Systems (US), GE Healthcare (US),HQ Software (Estonia), Huawei (China), IBM Corporation (US), Intel (US), KORE Wireless (US), Medtronic (Ireland), Microsoft Corporation (US), Oracle (US), OSP Labs (US),Oxagile (US),PTC (US), Resideo Technologies (US), Royal Philips (Netherlands), R-Style Labs (US), SAP SE (Germany), Sciencesoft  (US), Siemens (Germany), Softweb Solutions (US), STANLEY Healthcare (US), Telit (UK), and Welch Allyn (US).It further includes an in-depth competitive analysis of key players in the IoT in healthcare market, along with their company profiles,business overviews, product offerings, recent developments, and market strategies.

Systems and Software segment to grow at the highest CAGR during the forecast period

The IoT in healthcare market by component is segmented into medical devices, systems and software,  services, and connectivity technology. The systems and software segment is expected to grow at a rapid pace during the forecast period. Systems and software are the most promising components in the IoT in healthcare market as they create a high degree of smart characteristics and autonomy in the IoT ecosystem. They are designed to meet interoperability challenges that occur due to varied heterogeneous devices, along with managing large volumes of data and offering them security and privacy.

Hospitals, surgical centers, and clinics segment to hold the largest market size during 2020

The IoT in healthcare market by end user has been segmented into hospitals, surgical centers, and clinics;clinical research organizations;government and defense institutions; and research and diagnostic laboratories. IoT solutions in the healthcare sector are majorly catered by this segment that consists of hospitals, surgical centers, and clinics, as they are the most approached care centers by patients.

APAC to grow at the highest CAGR during the forecast period

Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Factors, such as flexible economic conditions, industrialization- and globalization-motivated policies of the governments, as well as expanding digitalization, would support the growth of the IoT in healthcare market in the region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors,system integrators, and executives from various key organizations operating in the IoT in healthcare market.

  • By Company: Tier I:35%, Tier II:45%, and Tier III:20%
  • By Designation: C-Level Executives:35%, Directors:25%, and Others:40%
  • By Region: North America: 45%, APAC: 20%, Europe: 30%, and RoW: 5%

Research Coverage

The market study covers the IoT in healthcare market across segments. It aims at estimating the market size and the growth potential of this market, across different segments, such as component, application, end user, and region. The study further includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall IoT in healthcare market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report further helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

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Table of Contents

1 Introduction
1.1 Introduction To Covid-19
1.2 Covid-19 Health Assessment
Figure 1 Covid-19: The Global Propagation
Figure 2 Covid-19 Propagation: Select Countries
1.3 Covid-19 Economic Assessment
Figure 3 Revised Gdp Forecasts For Select G20 Countries In 2020
1.3.1 Covid-19 Economic Impact—Scenario Assessment
Figure 4 Criteria Impacting The Global Economy
Figure 5 Scenarios In Terms Of Recovery Of The Global Economy
1.4 Objectives Of The Study
1.5 Market Definition
1.5.1 Inclusions And Exclusions
1.6 Market Scope
1.6.1 Market Segmentation
1.6.2 Regions Covered
1.6.3 Years Considered For The Study
1.7 Currency Considered
Table 1 United States Dollar Exchange Rate, 2018–2020
1.8 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 6 Iot In Healthcare Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup Of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup And Data Triangulation
Figure 7 Data Triangulation
2.3 Market Size Estimation
Figure 8 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue Of Iot In Healthcare Devices, Systems And Software, And Services
Figure 9 Market Size Estimation Methodology: Approach 1—Bottom-Up—(Supply Side): Collective Revenue Of All Medical Devices, Systems And Software, And Services Of Iot In Healthcare
Figure 10 Market Size Estimation Methodology: Approach 2—Top-Down —(Demand Side): Share Of Healthcare Through Overall Iot Spending
2.4 Market Forecast
Table 2 Factor Analysis
2.5 Assumptions For The Study
2.6 Limitations Of The Study

3 Executive Summary
Figure 11 Iot In Healthcare Market To Witness High Growth During The Forecast Period
Figure 12 Top 3 Leading Segments In The Market In 2020
Figure 13 Market: Regional Snapshot

4 Premium Insights
4.1 Attractive Opportunities In The Iot In Healthcare Market
Figure 14 Reduced Cost Of Care And Evolution Of The Artificial Intelligence Technology To Drive The Growth Of The Market
4.2 Market By Component And Region, 2020
Figure 15 Medical Devices Segment And North America Region To Hold High Market Shares In The Market In 2020
4.3 Market Top 2 Components, 2020–2025
Figure 16 Medical Devices Segment To Lead The Market During The Forecast Period
4.4 Market By Region, 2020 Vs. 2025
Figure 17 Asia Pacific To Grow At The Highest Cagr During The Forecast Period
4.5 Regional Market Potential
Figure 18 Iot In Healthcare: Regional Market Potential, 2020

5 Market Overview And Industry Trends
5.1 Market Overview
5.2 Market Dynamics
Figure 19 Drivers, Restraints, Opportunities, And Challenges: Iot In Healthcare Market
5.2.1 Drivers
5.2.1.1 Rising Focus On Active Patient Engagement And Patient-Centric Care
5.2.1.2 Growing Need For The Adoption Of Cost Control Measures In Healthcare
5.2.1.3 Growth And Increased Adoption Of High-Speed Network Technologies For Iot Connectivity
5.2.1.4 Evolution Of Complementing Technologies, Such As Artificial Intelligence And Big Data
5.2.1.5 Need For Healthcare In Remote Locations
5.2.1.6 Increasing Demand For Wearable Devices Amid The Covid-19 Outbreak
5.2.2 Restraints
5.2.2.1 Outdated Infrastructure Hindering The Digital Growth Of The Medical Industry
5.2.2.2 Internet Disruptions Leading To Rugged Iot Device Performance
5.2.3 Opportunities
5.2.3.1 Low Doctor-To-Patient Ratio Leading To Increased Dependency On Self-Operated Ehealth Platforms
5.2.3.2 Government Initiatives For Promoting Digital Health
Figure 20 Healthcare Spending, By Country, 2018 (% Of Gdp)
5.2.3.3 Iot For Covid-19 Patient Monitoring
5.2.4 Challenges
5.2.4.1 Increase In Attack Surfaces With A Rise In Iot Devices Due To Data Security Constrictions
5.2.4.2 Integration Of Multiple Devices And Protocols Leading To Data Overload And Accuracy
5.2.4.3 Cost Of The Technology
5.3 Use Cases
5.3.1 Use Case 1: Connected Healthcare
5.3.2 Use Case 2: Asset Tracking
5.3.3 Use Case 3: Remote Patient Monitoring
5.4 Industry Trends
5.4.1 Evolution
Figure 21 Evolution Of Iot In Healthcare
5.4.2 Regulatory Implications
5.4.2.1 Iso Standards – Iso 27799:2008 And Iso/Tr 27809:2007
5.4.2.2 Internet Of Medical Things Resilience Partnership Act (2017)
5.4.2.3 Health Insurance Portability And Accountability Act
5.4.2.4 Hipaa Privacy Rule
5.4.2.5 Hipaa Security Rule
5.4.2.6 Cen Iso/Ieee 11073
5.4.2.7 Cen/Cenelec
5.4.3 Impact Of Covid-19 On Iot Adoption In Healthcare
5.4.3.1 Key Use Cases

6 Iot In Healthcare Market, By Component
6.1 Introduction
Figure 22 Systems And Software Segment To Grow At The Highest Cagr From 2020 To 2025
Table 3 Market Size, By Component, 2015–2019 (Usd Billion)
Table 4 Market Size, By Component, 2019–2025 (Usd Billion)
6.2 Medical Devices
Figure 23 Implanted Medical Devices Segment To Be The Largest Subsegment By 2025
Table 5 Medical Devices: Market Size, By Type, 2015–2019 (Usd Billion)
Table 6 Medical Devices: Market Size, By Type, 2019–2025 (Usd Billion)
Table 7 Medical Devices: Iot In Healthcare Market Size, By Region, 2015–2019 (Usd Billion)
Table 8 Medical Devices: Market Size, By Region, 2019–2025 (Usd Billion)
Table 9 Medical Devices: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 10 Medical Devices: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.2.1 Stationary Medical Devices
Table 11 Stationary Medical Devices Market Size, By Region, 2015–2019 (Usd Billion)
Table 12 Stationary Medical Devices Market Size, By Region, 2019–2025 (Usd Billion)
Table 13 Stationary Medical Devices: North America Iot In Healthcare Market Size, By Country, 2015–2019 (Usd Billion)
Table 14 Stationary Medical Devices: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.2.2 Implanted Medical Devices
Table 15 Implanted Medical Devices: Market Size, By Region, 2015–2019 (Usd Billion)
Table 16 Implanted Medical Devices: Market Size, By Region, 2019–2025 (Usd Billion)
Table 17 Implanted Medical Devices: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 18 Implanted Medical Devices: North America Iot In Healthcare Market Size, By Country, 2019–2025 (Usd Billion)
6.2.3 Wearable External Medical Devices
Table 19 Wearable External Medical Devices Market Size, By Region, 2015–2019 (Usd Billion)
Table 20 Wearable External Medical Devices Market Size, By Region, 2019–2025 (Usd Billion)
Table 21 Wearable External Medical Devices: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 22 Wearable External Medical Devices: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.3 Systems And Software
Figure 24 Application Security Segment To Grow At The Fastest Rate During The Forecast Period
Table 23 Systems And Software: Iot In Healthcare Market Size, By Type, 2015–2019 (Usd Billion)
Table 24 Systems And Software: Market Size, By Type, 2019–2025 (Usd Billion)
Table 25 Systems And Software: Market Size, By Region, 2015–2019 (Usd Billion)
Table 26 Systems And Software: Market Size, By Region, 2019–2025 (Usd Billion)
Table 27 Systems And Software: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 28 Systems And Software: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.3.1 Remote Device Management
Table 29 Remote Device Management Market Size, By Region, 2015–2019 (Usd Billion)
Table 30 Remote Device Management Market Size, By Region, 2019–2025 (Usd Billion)
Table 31 Remote Device Management: North America Iot In Healthcare Market Size, By Country, 2015–2019 (Usd Billion)
Table 32 Remote Device Management: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.3.2 Network Bandwidth Management
Table 33 Network Bandwidth Management Market Size, By Region, 2015–2019 (Usd Billion)
Table 34 Network Bandwidth Management Market Size, By Region, 2019–2025 (Usd Billion)
Table 35 Network Bandwidth Management: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 36 Network Bandwidth Management: North America Iot In Healthcare Market Size, By Country, 2019–2025 (Usd Billion)
6.3.3 Data Analytics
Table 37 Data Analytics Market Size, By Region, 2015–2019 (Usd Billion)
Table 38 Data Analytics Market Size, By Region, 2019–2025 (Usd Billion)
Table 39 Data Analytics: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 40 Data Analytics: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.3.4 Application Security
Table 41 Application Security Market Size, By Region, 2015–2019 (Usd Billion)
Table 42 Application Security Market Size, By Region, 2019–2025 (Usd Billion)
Table 43 Application Security: North America Iot In Healthcare Market Size, By Country, 2015–2019 (Usd Billion)
Table 44 Application Security: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.3.5 Network Security
Table 45 Network Security Market Size, By Region, 2015–2019 (Usd Billion)
Table 46 Network Security Market Size, By Region, 2019–2025 (Usd Billion)
Table 47 Network Security: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 48 Network Security: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.4 Services
Figure 25 Deployment And Integration Segment To Grow At The Fastest Rate During The Forecast Period
Table 49 Services: Iot In Healthcare Market Size, By Type, 2015–2019 (Usd Billion)
Table 50 Services: Market Size, By Type, 2019–2025 (Usd Billion)
Table 51 Services: Market Size, By Region, 2015–2019 (Usd Billion)
Table 52 Services: Market Size, By Region, 2019–2025 (Usd Billion)
Table 53 Services: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 54 Services: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.4.1 Deployment And Integration
Table 55 Deployment And Integration: Iot In Healthcare Market Size, By Region, 2015–2019 (Usd Billion)
Table 56 Deployment And Integration: Market Size, By Region, 2019–2025 (Usd Billion)
Table 57 Deployment And Integration: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 58 Deployment And Integration: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.4.2 Consulting
Table 59 Consulting: Market Size, By Region, 2015–2019 (Usd Billion)
Table 60 Consulting: Iot In Healthcare Market Size, By Region, 2019–2025 (Usd Billion)
Table 61 Consulting: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 62 Consulting: North America Market Size, By Country, 2019–2025 (Usd Billion)
6.4.3 Support And Maintenance
Table 63 Support And Maintenance: Market Size, By Region, 2015–2019 (Usd Billion)
Table 64 Support And Maintenance: Market Size, By Region, 2019–2025 (Usd Billion)
Table 65 Support And Maintenance: North America Market Size, By Country, 2015–2019 (Usd Billion)
Table 66 Support And Maintenance: North America Market Size, By Country, 2019–2025 (Usd Billion)

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