Internet of Things (IoT) in Healthcare Market by Component (Medical Device, Connectivity Solutions, Systems and Software, Services), Application (Telemedicine, Clinical Operations and Workflow Management, Medication Management, Connected Imaging, Inpatient Monitoring), and by End User - Global Forecast to 2025

  • Report ID:MRHC - 104241
  • Pages: 197
  • Feb 2019
  • Formats*: PDF
  • Category: Healthcare
1 Introduction

1.1. Market Definition

1.2. Market Ecosystem

1.3. Currency and Limitations

1.3.1. Currency

1.3.2. Limitations

1.4. Key Stakeholders

2 Research Methodology

2.1. Research Process

2.1.1. Secondary Research

2.1.2. Primary Research

2.1.3. Market Size Estimation

3 Executive Summary

3.1. Introduction

3.2. Market Dynamics

3.3. Product Market Analysis

3.4. Application Market Analysis

3.5. End User Market Analysis

3.6. Regional Market Analysis

3.7. Competitive Analysis

4 Market Overview

4.1. Overview

4.2. Drivers

4.2.1. Need for Cost-Containment in Healthcare Delivery

4.2.2. Increasing Focus on Patient-Centric Care Delivery

4.2.3. Growing Smartphone Penetration and Increasing Adoption of High-Speed Networking Technologies

4.2.4. Digital Health Initiatives across the Globe

4.3. Restraints

4.3.1. High Cost of IoT Infrastructure Deployment and Cost of Ownership

4.3.2. Dearth of IT Professionals across Healthcare Organizations

4.4. Opportunities

4.4.1. Growing Focus on Telehealth Technologies

4.5. Challenges

4.5.1. Data Security Concerns

4.5.2. Issues Related to Data Management and Interoperability

5 Industry Overview

5.1. Healthcare IoT Ecosystem

5.1.1. Original Equipment Manufacturers (OEMs)

5.1.2. Connectivity Solution Providers

5.1.3. Medical Device Manufacturers

5.1.4. Systems and Software Vendors

5.1.5. System Integrators and Service Providers

5.1.6. End Users

5.2. Regulatory Assessment

5.2.1. Regulations and Approval Guidelines

5.2.2. Testing and Certification

6 Global Healthcare IoT Market, by Component

6.1. Overview

6.2. Medical Devices

6.2.1. Medical Devices Market, by Type of Device

6.2.1.1. Stationary Medical Devices

6.2.1.2. Implantable Medical Devices

6.2.1.3. Wearable Medical Devices

6.2.1.4. Other IoT Medical Devices

6.2.2. Medical Devices Market, by Product

6.2.2.1. Imaging Systems

6.2.2.2. Vital Signs Monitoring Devices

6.2.2.2.1. Blood Glucose Monitors

6.2.2.2.2. ECG/Heart Rate Monitors

6.2.2.2.3. Blood Pressure Monitors

6.2.2.2.4. Multiparameter Monitors

6.2.2.2.5. Oximeters

6.2.2.3. Implantable Cardiac Devices

6.2.2.3.1. Implantable Cardioverter Defibrillators

6.2.2.3.2. Pacemakers

6.2.2.3.3. Implantable Cardiac Monitors

6.2.2.4. Patient Monitors

6.2.2.5. Respiratory Devices

6.2.2.6. Infusion Pumps

6.2.2.7. Anaesthesia Machines

6.2.2.8. Neurological Devices

6.2.2.9. Hearing Devices

6.2.2.10. Fetal Monitoring Devices

6.2.2.11. Ventilators

6.2.2.12. Other IoT Enabled Medical Devices

6.3. Systems and Software

6.4. Connectivity Technologies

6.5. Support Services

7 Global Healthcare IoT Market, by Application

7.1. Overview

7.2. Telemedicine

7.3. Clinical Operations and Workflow Management

7.4. Medication Management

7.5. Inpatient Monitoring

7.6. Connected Imaging

7.7. Other Applications

8 Global Healthcare IoT Market, by End User

8.1. Overview

8.2. Hospitals & Clinics

8.3. Home Care & Long-Term Care Settings

8.4. Other End Users

9 Healthcare IoT Market, by Geography

9.1. Overview

9.2. North America

9.2.1. U.S.

9.2.2. Canada

9.3. Europe

9.3.1. Germany

9.3.2. U.K.

9.3.3. France

9.3.4. Spain

9.3.5. Italy

9.3.6. Rest of Europe

9.4. Asia-Pacific

9.4.1. Japan

9.4.2. China

9.4.3. India

9.4.4. Rest of Asia-Pacific

9.5. Latin America

9.6. Middle East & Africa

10 Competitive Outlook

10.1. Market Ranking

10.2. Competitive Situation & Trends

10.2.1. Acquisitions and Mergers (2017-2018)

10.2.2. Partnerships and Collaborations (2017-2019)

10.2.3. Product Launches (2016-2019)

10.2.4. Approvals (2017-2018)

10.2.5. Other Developments (2016-2019)

11 Company Profiles (Business Overview, Financial Overview, Product Offering, Recent Strategic Developments)

11.1. Medical Device Manufacturers

11.1.1 Medtronic

11.1.2 GE Healthcare

11.1.3 Philips Healthcare (Philips)

11.1.4 Siemens Ag

11.1.5 Abbott Laboratories

11.1.6 Boston Scientific

11.1.7 Honeywell Life Care Solutions

11.2. Technology Providers

11.2.1 Intel Corporation

11.2.2 International Business Machines Corporation

11.2.3 Microsoft Corporation

11.2.4 Cisco Systems Inc.

11.2.5 SAP SE

12 Appendix

12.1. Questionnaire

12.2. Available Customization

List of Tables

Table 1 IoT Medical Devices: Testing and Certification Requirements

Table 2 Global Internet of Things (IoT) in Healthcare Market Size, by Component, 2017–2025 ($Million)

Table 3 Global IoT-Enabled Medical Devices Market Size, by Type of Device, 2017-2025 ($Million)

Table 4 Stationary Medical Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 5 Implantable Medical Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 6 Wearable Medical Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 7 Other IoT-Enabled Medical Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 8 Global IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 9 Imaging Systems Market Size, by Region/Country, 2017-2025 ($Million)

Table 10 Global Vital Signs Monitoring Devices Market Size, by Product, 2017-2025 ($Million)

Table 11 Vital Signs Monitoring Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 12 Blood Glucose Monitors Market Size, by Region/Country, 2017-2025 ($Million)

Table 13 Ecg/Heart Rate Monitors Market Size, by Region/Country, 2017-2025 ($Million)

Table 14 Blood Pressure Monitors Market Size, by Region/Country, 2017-2025 ($Million)

Table 15 Multiparameter Monitors Market Size, by Region/Country, 2017-2025 ($Million)

Table 16 Oximeters Market Size, by Region/Country, 2017-2025 ($Million)

Table 17 Global Implantable Cardiac Devices Market Size, by Type, 2017-2025 ($Million)

Table 18 Implantable Cardiac Devices Market, by Region/Country, 2017-2025 ($Million)

Table 19 Patient Monitors Market Size, by Region/Country, 2017-2025 ($Million)

Table 20 Respiratory Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 21 Infusion Pumps Market Size, by Region/Country, 2017-2025 ($Million)

Table 22 Anaesthesia Machines Market Size, by Region/Country, 2017-2025 ($Million)

Table 23 Neurological Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 24 Hearing Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 25 Fetal Monitoring Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 26 Ventilators Market Size, by Region/Country, 2017-2025 ($Million)

Table 27 Other IoT Medical Devices Market Size, by Region/Country, 2017-2025 ($Million)

Table 28 Healthcare IoT Systems and Software Market Size, by Region/Country, 2017-2025 ($Million)

Table 29 Healthcare IoT Connectivity Technologies Market Size, by Region/Country, 2017-2025 ($Million)

Table 30 Healthcare IoT Support Services Market Size, by Type, 2017-2025 ($Million)

Table 31 Global Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 32 Internet of Things (IoT) in Healthcare Market Size for Telemedicine Application, by Region/Country, 2017-2025 ($Million)

Table 33 Internet of Things (IoT) in Healthcare Market Size for Clinical Operation and Workflow Management Application, by Region/Country, 2017-2025 ($Million)

Table 34 Internet of Things (IoT) in Healthcare Market Size for Medication Management Application, by Region/Country, 2017-2025 ($Million)

Table 35 Internet of Things (IoT) in Healthcare Market Size for Inpatient Monitoring Application, by Region/Country, 2017-2025 ($Million)

Table 36 Internet of Things (IoT) in Healthcare Market Size for Connected Imaging Application, by Region/Country, 2017-2025 ($Million)

Table 37 Internet of Things (IoT) in Healthcare Market Size for Other Applications, by Region/Country, 2017-2025 ($Million)

Table 38 Global Internet of Things (IoT) in Healthcare Market, by End User, 2017–2025 ($Million)

Table 39 Internet of Things (IoT) in Healthcare Market for Hospitals, by Country/Region, 2017-2025 ($Million)

Table 40 Internet of Things (IoT) in Healthcare Market for Home Care & Long-Term Care Settings, by Country/Region, 2017-2025 ($Million)

Table 41 Internet of Things (IoT) in Healthcare Market Size for Other End Users, by Country/Region, 2017-2025 ($Million)

Table 42 Internet of Things (IoT) in Healthcare Market Size, by Region, 2017-2025 ($Million)

Table 43 North America: Internet of Things (IoT) in Healthcare Market Size, by Country, 2017-2025 ($Million)

Table 44 North America: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 45 North America: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 46 North America: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 47 North America: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 48 North America: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 49 U.S.: Key Macroeconomic Indicators

Table 50 U.S.: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 51 U.S.: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 52 U.S.: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 53 U.S.: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 54 U.S.: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 55 Canada: Key Macroeconomic Indicators

Table 56 Canada: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 57 Canada: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 58 Canada: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 59 Canada: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 60 Canada: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 61 Europe: Internet of Things (IoT) in Healthcare Market Size, by Country, 2017-2025 ($Million)

Table 62 Europe: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 63 Europe: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 64 Europe: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 65 Europe: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 66 Europe: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 67 Germany: Key Macroeconomic Indicators

Table 68 Germany: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 69 Germany: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 70 Germany: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 71 Germany: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 72 Germany: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 73 U.K.: Key Macroeconomic Indicators

Table 74 U.K..: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 75 U.K.: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 76 U.K.: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 77 U.K.: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 78 U.K.: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 79 France: Key Macroeconomic Indicators

Table 80 France: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 81 France: IoT Medical Devices Market, by Product, 2017-2025 ($Million)

Table 82 France: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 83 France: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 84 France: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 85 Spain: Key Macroeconomic Indicators

Table 86 Spain: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 87 Spain: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 88 Spain: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 89 Spain: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 90 Spain: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 91 Italy: Key Macroeconomic Indicators

Table 92 Italy: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 93 Italy: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 94 Italy: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 95 Italy: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 96 Italy: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 97 Rest of Europe: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 98 Rest of Europe: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 99 Rest of Europe: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 100 Rest of Europe: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 101 Rest of Europe: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 102 Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by Country, 2017–2025 ($Million)

Table 103 Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 104 Asia-Pacific: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 105 Asia-Pacific: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 106 Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 107 Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 108 Japan: Key Macroeconomic Indicators

Table 109 Japan: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 110 Japan: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 111 Japan: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 112 Japan: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 113 Japan: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 114 China: Key Macroeconomic Indicators

Table 115 China: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 116 China: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 117 China: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 118 China: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 119 China: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 120 India: Key Macroeconomic Indicators

Table 121 India: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 122 India: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 123 India: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 124 India: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 125 India: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 126 Rest of Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 127 Rest of Asia-Pacific: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 128 Rest of Asia-Pacific: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 129 Rest of Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 130 Rest of Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 131 Latin America: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 132 Latin America: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 133 Latin America: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 134 Latin America: Internet of Things (IoT) in Healthcare Market, by Application, 2017-2025 ($Million)

Table 135 Latin America: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 136 Middle East & Africa: Internet of Things (IoT) in Healthcare Market Size, by Component, 2017-2025 ($Million)

Table 137 Middle East & Africa: IoT Medical Devices Market Size, by Product, 2017-2025 ($Million)

Table 138 Middle East & Africa: IoT Medical Devices Market Size, by Type, 2017-2025 ($Million)

Table 139 Middle East & Africa: Internet of Things (IoT) in Healthcare Market Size, by Application, 2017-2025 ($Million)

Table 140 Middle East & Africa: Internet of Things (IoT) in Healthcare Market Size, by End User, 2017-2025 ($Million)

Table 141 Medical Device IoT: Market Ranking

Table 142 Key Acquisition and Mergers by Major Players during 2017-2018

Table 143 Key Partnerships and Collaborations by the Major Players, 2017-2019

Table 144 Key Product Launches by the Major Players, 2016-2019

Table 145 Key Approvals by Major Players, 2017-2018

Table 146 Key Other Developments by Major Players, 2016-2019

List of Figures

Figure 1 Scope of The Global Internet of Things (IoT) in Healthcare Market

Figure 2 Key Stakeholders of Global Healthcare Internet Of Thinks Market

Figure 3 Research Process

Figure 4 Key Executives Interviewed

Figure 5 Primary Research Techniques

Figure 6 Market Size Estimation

Figure 7 Healthcare IoT: Global Market Share Outlook, by Component, 2018

Figure 8 Healthcare IoT: Global Market Outlook, by Component, 2019-2025 ($ Million)

Figure 9 Medical Device IoT: Global Market Outlook, by Product, 2019-2025 ($ Million)

Figure 10 Medical Device IoT: Global Market Share Outlook, by Type of Device, 2018

Figure 11 Medical Device IoT: Global Market Outlook, by Type of Device, 2019-2025 (USD Million)

Figure 12 Healthcare IoT: Global Market Outlook, by Application, 2019-2025 (USD Million)

Figure 13 Medical Device IoT: Global Market Size Outlook, by End User, 2019-2025 (USD Million)

Figure 14 Medical Device IoT: Global Market Outlook, by End User, 2019-2025 (USD Million)

Figure 15 Medical Device IoT: Regional Market Outlook, 2019 Vs. 2025

Figure 16 Framework of Healthcare IoT Ecosystem

Figure 17 Global Internet of Things (IoT) in Healthcare Market Size, by Component, 2019–2025 ($Million)

Figure 18 Global IoT-Enabled Medical Devices Market Size, by Type of Device, 2019–2025 ($Million)

Figure 19 Global IoT Medical Devices Market Size, by Product, 2019–2025 ($ Million)

Figure 20 Global Internet of Things (IoT) in Healthcare Market Size, by Application, 2019–2025 ($Million)

Figure 21 Global Internet of Things (IoT) in Healthcare Market, by End User, 2019–2025 ($Million)

Figure 22 Internet of Things (IoT) in Healthcare Market Size, by Region, 2017-2025 ($Million)

Figure 23 North America: Internet of Things (IoT) in Healthcare Market Size, by Country, 2019–2025 ($Million)

Figure 24 Europe: Internet of Things (IoT) in Healthcare Market Size, by Country, 2019–2025 ($Million)

Figure 25 Asia-Pacific: Internet of Things (IoT) in Healthcare Market Size, by Country, 2019–2025 ($Million)

Figure 26 Key Strategy Adopted By Major Players in Market

Figure 27 Medtronic Plc: Financial Overview (2015-2017)

Figure 28 GE Healthcare: Financial Overview (2015-2017)

Figure 29 Koninklijke Philips N.V.: Financial Overview (2015-2017)

Figure 30 Siemens Ag: Financial Overview (2016-2018)

Figure 31 Abbott Laboratories: Financial Overview (2015-2017)

Figure 32 Boston Scientific: Financial Overview (2015-2017)

Figure 33 Intel Corporation: Financial Overview (2015-2017)

Figure 34 International Business Machines Corporation: Financial Overview (2015-2017)

Figure 35 Microsoft Corporation: Financial Overview (2015-2017)

Figure 36 Cisco Systems Inc.: Financial Overview (2015-2017)

Figure 37 SAP SE: Financial Overview (2015-2017)

The global Internet of Things (IoT) in Healthcare Market is expected to grow at a CAGR of 29.9% to reach $322.2 billion by 2025.

In the healthcare industry, IoT technology bridges the gap between digital and physical data sources of data, by monitoring patient behavior in real time. Technologies focused around IoT infrastructure are focused towards improving the nature of telehealth services to improve accessibility of healthcare services, reducing the operation burden on healthcare facilities, and at the same time enabling development of digitized health ecosystem, seamlessly. As global economies are focusing on creating digital health ecosystem, the overall growth in the healthcare IoT market is driven by factors such as, increasing number of digital health initiatives from governments across the globe, increasing need to reduce the cost of healthcare, rising focus on patient centric care delivery, and increasing penetration of smartphones and high-speed networking and connectivity solutions.

Growing Focus on Patient Centric Care Delivery Approach Fuels the Growth of the Internet of Things (IoT) in Healthcare Market.

The healthcare industry is gradually transitioning from institution-centric care delivery to patient centric care delivery practices. This is driving adoption of a number of technologies assisting caregiver-patient interactions and gathering necessary health data to enable treatment decisions. Even patients are increasingly demanding technologies and platforms that provide them access to their own health data and enable effective communication with caregivers about factors influencing their health. This is driving adoption of connected medical devices and wearables, enabling providers to collect the necessary medical information and deliver personalized health solutions.

Internet of Things (IoT) in Healthcare MarketClick here to: Get Free Sample Pages of this Report

Key Findings in the Global Internet of Things (IoT) in Healthcare Market Study:

Hospitals and Clinics Will Continue to Dominate the Internet of Things (IoT) in Healthcare Market by 2025

The Internet of Things (IoT) in Healthcare Market among hospitals and clinics commanded the largest share of the Internet of Things (IoT) in Healthcare technologies market in 2018. Growing adoption of IoT enabled medical devices among healthcare providers in order to improve the efficiency of care delivery and enable patient-centric care delivery services are some of the key factors contributing to the growth of this market.

Over the years, the hospitals have been burdened with increasing number of patients, owing to growing incidence of chronic care diseases such as diabetes, cardiovascular diseases, arthritis, and cancer. With growing number of patients treated, the amount of patient information generated is on the rise, exponentially. IoT infrastructure helps in integrating all the medical devices with the hospital information systems in a seamless manner and thereby improve the operational and clinical workflow within and outside healthcare organization. It also helps in minimizing the turn-around time of care and lower the overall cost of care within hospital settings.

Government initiatives to modernize healthcare infrastructure is also expected to drive adoption of IoT-enabled medical devices among hospitals and healthcare providers and thereby contribute to the growth of the IOT market among hospitals and clinics.

Telemedicine Applications Provide Growth Opportunities for the Vendors in Internet of Things (IoT) in Healthcare Market

Telemedicine accounts for the largest application market of Internet of Things (IoT) in Healthcare Market technologies. The growth in this market is mainly driven by increasing penetration of telemedicine in healthcare infrastructure of many countries, increasing demand for healthcare services in the light of growing geriatric population, growing penetration of home healthcare, and increasing need to improve accessibility of healthcare services in remote locations.

IoT enabled healthcare infrastructure is increasingly being looked upon as an ideal solution to improve reach and accessibility of medical services, specifically in the light of lower doctor-to-patient ratio in many of the countries across the globe. This provides significant growth opportunities for IoT solution vendors to address the demand gap for medical services by introducing effective technology platforms.

Asia Pacific: Fastest Growing Regional Market

North America accounted for the largest share of the global Internet of Things (IoT) in Healthcare Market in 2018, followed by Europe and Asia-Pacific regions. However, during the forecast period, the APAC market is expected to register the fastest CAGR. The growth in this geographic market is primarily attributed to the growing smartphone penetration, widening internet connectivity and high-speed networks, need to manage growing burden of chronic diseases on healthcare providers, and government efforts to improve accessibility of healthcare services to remote locations. India and China represent the fastest growing markets in this region and globally as well. Rapid infrastructure development initiatives from governments is expected to fuel a multifold growth in Internet of Things (IoT) in Healthcare Market in India and China over the coming years.

Key Players

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2016-2018). Some of the key players in the healthcare IoT technologies (IoT platforms and connectivity technologies) include Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), SAP SE (Germany), Qualcomm Life, Inc.  (U.S.), Honeywell Life Care Solutions (U.S.). Whereas, the leading players offering IoT-enabled medical devices include GE Healthcare (US), Siemens Healthineers (Germany), Medtronic (US), Philips (Netherlands), Honeywell Life Care Solutions (US), Boston Scientific (US), Johnson & Johnson (US), BIOTRONIK Germany), Omron (Japan), AgaMatrix (US), STANLEY Healthcare (US), AliveCor (US), iHealth Lab (US), and Welch Allyn (US).

Scope of the Report:

Internet of Things (IoT) in Healthcare Market by Component

  • Medical Devices
    • Medical Devices Market, by Type
      • Stationary Devices
      • Implantable Medical Devices
      • Wearable Medical Devices
      • Other IoT Medical Devices Market
    • Medical Devices Market, by Products
      • Imaging Systems
      • Vital Signs Monitoring Systems
      • Implantable Cardiac Devices
      • Patient Monitors
      • Respiratory Devices
      • Infusion Pumps
      • Anesthesia Machines
      • Neurological Devices
      • Neurological Devices
      • Hearing Devices
      • Fetal Monitoring Device
      • Ventilators
      • Other IoT-enabled Medical Devices
  • Systems and Software
  • Connectivity Technologies
  • Services

Internet of Things (IoT) in Healthcare Market, by Application

  • Telemedicine
  • Clinical Operations & Workflow Management
  • Medication Management
  • Inpatient Monitoring
  • Connected Imaging
  • Other Applications

Internet of Things (IoT) in Healthcare Market by End User

  • Hospitals & Clinics
  • Home Care & Ling-Term Care Centers
  • Other End Users

Internet of Things (IoT) in Healthcare Market by Country/Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Spain
    • France
    • U.K.
    • Italy
    • Rest of Europe (RoE)
  • Asia-Pacific (APAC)
    • Japan
    • China
    • India
  • Rest of APAC (RoAPAC)
    • Latin America
    • Middle East and Africa

Key questions answered in the report

Hospital and Clinics accounted for the largest share of the Internet of Things (IoT) in Healthcare market

  • What factors are contributing to the frequent usage of Internet of Things (IoT) in hospital & clinics?
  • How does the penetration of Internet of Things (IoT) in hospital & clinics differ from other end users?

North America market favors both global and local manufacturers that compete in multiple segments

  • Who are the top competitors in this market and what strategies do they employ to gain shares?
  • Which market segments have the most potential for revenue expansion over the forecast period?
  • What strategies should new companies look to enter in this market?
  • What are the major drivers, restraints, opportunities, and challenges in the Internet of Things (IoT) market?
  • How is the regulatory scenario for Internet of Things (IoT) across the globe?
  • What are the geographical trends and high growth regions/countries?

Recent partnerships, acquisitions, and expansions have taken place in the global Internet of Things (IoT) market

  • Which companies have recently merged/acquired and how will these unions affect the competitive landscape of the Internet of Things (IoT) market?
  • Which companies have created partnerships and how will these partnerships promote a competitive advantage?
  • Who are the major players in the global Internet of Things (IoT) in Healthcare market and what share of the market do they hold?
  • What are the local emerging players in the global Internet of Things (IoT) in Healthcare market and how do they compete with the global players?
This website is secure and we do not share your personal information with any third party. Privacy Policy
Tags: Healthcare Healthcare IT Connected Health / Digital Health Internet of Things
Download Free Sample
to