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Comprehensive Study on Internet of Things (IoT) Healthcare Market 2020 – 2027 by Key Players like Koninklijke Philips N.V., Proteus Digital Health, Alphabet Inc., Apple Inc., SAP SE, PhysIQ, AdhereTech,

Internet of Things (IoT) Healthcare Market is set to witness a healthy CAGR of 29.65% in the forecast period of 2019 to 2026. Internet of things (IoT) refers to internet enabled cloud based system which consists of various devices and sensors which integrate the whole system on one platform. This system can represent objects digitally. With the technological advancements in the field of healthcare, the integration of IoT is being adopted globally. IoT in healthcare enables medication management, workflow management, connected imaging and telemedicine which increase the efficiency of working of hospitals and clinics.

Internet of Things (IoT) Healthcare  Industry: 2020 Market Report is a professional and in-depth study on the current state of the Internet of Things (IoT) Healthcare  Market This Internet of Things (IoT) Healthcare market report fully analyses the potential of the  industry with respect to current scenario and the future prospects by considering numerous industry aspects. The report has been prepared by assuring a systematic, objective and exhaustive study of the details related to several subjects in the field of marketing. Even a number of steps have been utilized in this report for gathering, analyzing and recording the data and information. Businesses can assertively refer this high-quality Internet of Things (IoT) Healthcare  market report to accomplish a supreme success. The market drivers and restraints have been described here using SWOT analysis.

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The key players examine the Internet of Things (IoT) Healthcare market in new regions by inspecting different techniques. This includes mergers & acquisitions, Internet of Things (IoT) Healthcare expansions, investments, new service launches. Similarly, they adopt distinct Internet of Things (IoT) Healthcare strategies such as collaborations, agreements etc. The leading vendors of Internet of Things (IoT) Healthcare market are:

  • CISCO SYSTEMS INC,
  • GENERAL ELECTRIC,
  • Medtronic,
  • IBM Corporation,
  • Microsoft,
  • Koninklijke Philips N.V.,
  • Proteus Digital Health,
  • Alphabet Inc.,
  • Apple Inc.,
  • SAP SE, PhysIQ,
  • AdhereTech,
  • Resideo Technologies, Inc.,
  • STANLEY Healthcare,
  • ABB, Huawei Technologies Co. Ltd,
  • Siemens,
  • Hitachi Vantara Corporation,
  • Qualcomm Technologies Inc.,
  • Oracle,
  • Gartner, Inc. and FUJITSU among others.

Market Definition: Global Internet of Things (IoT) Healthcare  Market

Internet of things (IoT) refers to internet enabled cloud based system which consists of various devices and sensors which integrate the whole system on one platform. This system can represent objects digitally. With the technological advancements in the field of healthcare, the integration of IoT is being adopted globally. IoT in healthcare enables medication management, workflow management, connected imaging and telemedicine which increase the efficiency of working of hospitals and clinics.

Segmentation: Global Internet of Things (IoT) Healthcare  Market

Internet of Things (IoT) Healthcare  Market : By Component

  • Medical Devices
    • Wearable External Medical Devices
    • Implanted Medical Devices
    • Stationary Medical Devices
  • Systems and Software
    • Remote Device Management
    • Network Bandwidth Management
    • Data Analytics
    • Application Security
    • Network Security
  • Services
    • System Integration Services
    • Professional Services
    • Support and Maintenance Services

Internet of Things (IoT) Healthcare Market : By Application

  • Telemedicine
    • Store-And-Forward Telemedicine
    • Remote Patient Monitoring
    • Interactive Telemedicine
  • Clinical Operations and Workflow Management
  • Connected Imaging
  • Inpatient Monitoring
  • Medication Management
  • Others

Internet of Things (IoT) Healthcare Market : By Connectivity Technology

  • Wi-Fi
  • Bluetooth Low Energy (BLE)
  • ZigBee
  • Near Field Communication (NFC)
  • Cellular
  • Satellite

Internet of Things (IoT) Healthcare Market : By End User

  • Hospitals, Surgical Centers, and Clinics
  • Clinical Research Organization (CRO)
  • Government and Defense Institutions
  • Research and Diagnostics Laboratories

Internet of Things (IoT) Healthcare Market : By Geography

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Key Development in the Internet of Things (IoT) Healthcare Market:

  • In July 2019, ABB had announced the launching of a new healthcare center on October 19 with integrated robotics to develop solutions for the hospital of the future. They have installed collaborative robotics for medical laboratories and hospitals. The center will enable the high-tech treatments and cancer therapies which today require more of the manual efforts. This launch will establish the company as a market leader and will expand the operation of the company.
  • In February 2019, FUJITSU had launched Healthcare Personal service Platform to manage health and medical information. It can aggregate and integrate the healthcare records of the patients as well as enabling the safe and secure storage of medical information. This launch will expand the company’s offering with the increase in the customer base.

Internet of Things (IoT) Healthcare Market: Drivers

  • The rise in the implementation of IoT for cost reduction is driving the market growth
  • The advent of artificial intelligence technology is boosting the market growth
  • The surge in the expenditure and investment in the healthcare IoT solutions is propelling the market growth
  • The surged penetration of connected devices  in the healthcare sector is contributing to the growth of the market
  • A Surge in smartphone usage has driven the market growth

Internet of Things (IoT) Healthcare  Market :  Restraints

  • There is a lack of governance standards which are hindering the market growth
  • The inability in deploying IoT solutions has hampered the market growth
  • The lack of skilled professionals and expertise is restraint the growth of the market

TOC of Internet of Things (IoT) Healthcare Market Report Includes: –

  • Internet of Things (IoT) Healthcare Market Overview
  • Market Status and Forecast by Regions
  • Market Status and Forecast by Types
  • Market Status and Forecast by Downstream Industry
  • Driving Factor Analysis of Internet of Things (IoT) Healthcare
  • Market Competition Status by Major Players
  • Major Manufacturers Introduction and Market Data
  • Upstream and Downstream Market Analysis
  • Cost and Gross Margin Analysis
  • Marketing Status Analysis
  • And Many More…

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

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Key questions answered in the Global Internet of Things (IoT) Healthcare Market report include:

  • What will be Internet of Things (IoT) Healthcare market share and the forecast for 2020-2027?
  • What are the key factors compelling the worldwide Internet of Things (IoT) Healthcare market?
  • Who are the key players in the world Internet of Things (IoT) Healthcare industry?
  • What are the factors impacting the revenue and production growth of the Internet of Things (IoT) Healthcare market?
  • What are the opportunities & challenges in the Internet of Things (IoT) Healthcare industry?

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