IoT in Healthcare Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Component (Medical Devices, System and Software, Services), By Medical Devices (Stationery Medical Devices, Implants, Wearables), By System and Software (Remote Device Management, Data Analytics, Application Security and Others), By Services (Managed Services, Professional Services), By Application (Telemedicine, Remote Patient Monitoring, Clinical Operations and Workflow Management, Connected Imaging and Others), By End-User (Hospitals and Clinics, Clinical Research Centres and Diagnostic Labs) and By Region

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Summary

Report Description

Global IoT in healthcare market is expected to witness a growth of double-digit CAGR for the forecast period, 2023-2027. The rise in the investments by the market players for implementing digitization in the healthcare facilities to enhance the connectivity between the patients and healthcare professionals is driving the demand for the IoT in healthcare market. The growing awareness among the patients regarding the benefits of wearable medical devices and the surge in the per capita income of the consumers is expected to fuel the growth of the market for the next five years. Real-time monitoring and analysis of patients to provide them with quality treatment services by constant data generation about the current status of patients are contributing significantly to the IoT in healthcare market growth for the next five years. The adoption of a sedentary lifestyle and unhealthy eating habits such as junk food and high sugar-containing edible items and beverages is expected to accelerate the global market growth. The increasing prevalence of chronic conditions across the globe such as cardiovascular, neurological disorders, obesity, hypertension, diabetes, cancer, and other diseases and disorders is boosting the demand for effective healthcare services thereby is expected to propel the global IoT in healthcare market growth for the forecast period.

Global IoT in healthcare market is segmented into component, application, end-user, regional distribution, and company. Based on the regional analysis, the North America region is expected to dominate the global IoT in healthcare market for the next five years, 2023-2027. The presence of the major market players in the region and the adoption of healthcare IT solutions is driving the growth of the market. The availability of advanced healthcare IT infrastructure in the region and the several initiatives taken by the leading authorities by the leading authorities for digitization of healthcare facilities is expected to contribute to the market growth.

The major players operating in the global IoT in healthcare market are Medtronic, Inc., Koninklijke Philips N.V., General Electric Company, IBM Corporation, Microsoft Corporation, Cerner Corporation, AgaMatrix Hong Kong Ltd, Cisco Systems, Inc., GE Healthcare, Huawei Technologies, Intel Corporation, Siemens Healthcare GmbH, AdhereTech, Inc., Bosch Healthcare Solutions GmbH, SAP SE, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of global IoT in healthcare market from 2017 to 2020.
  • To estimate and forecast the market size of global IoT in healthcare market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global IoT in healthcare market based on component, application, end-user, regional distribution, and company.
  • To identify dominant region or segment in the global IoT in healthcare market.
  • To identify drivers and challenges for global IoT in healthcare market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global IoT in healthcare market.
  • To identify and analyze the profile of leading players operating in global IoT in healthcare market.
  • To identify key sustainable strategies adopted by market players in global IoT in healthcare market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global IoT in healthcare market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • IoT in Healthcare service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to IoT in healthcare

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Service

·         Application

·         Organization

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Kuwait; Brazil, Argentina, Colombia;

Key companies profiled

Medtronic, Inc., Koninklijke Philips N.V., General Electric Company, IBM Corporation, Microsoft Corporation, Cerner Corporation, AgaMatrix Hong Kong Ltd, Cisco Systems, Inc., GE Healthcare, Huawei Technologies, Intel Corporation, Siemens Healthcare GmbH, AdhereTech, Inc., Bosch Healthcare Solutions GmbH, SAP SE.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global IoT in healthcare market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global IoT in Healthcare Market, By Service:

    • Device and Platform Management Services
    • Application Management Services
    • Advisory Services
    • System Design and Architecture
  • Global IoT in Healthcare Market, By Application:
    • Smart Building and Home Automation
    • Smart Healthcare
    • Energy and Utilities
    • Industrial Manufacturing and Automation
    • Smart Retail
    • Smart Transportation
    • Logistics
    • Telematics
  • Global IoT in Healthcare Market, By Organization:
    • SMEs
    • Large Enterprises
  • Global IoT in Healthcare Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • Australia
      • Japan
      • India

§  South Korea

    • South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global IoT in healthcare market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global IoT in healthcare market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global IoT in Healthcare Market

4.    Voice of Customer

4.1.   IoT in Healthcare Awareness

4.2.   IoT Adoption in Healthcare Readiness

4.3.   Reasons for Adoption of IoT in Healthcare

4.4.   Key Areas Demanding Adoption of IoT

4.5.   IoT Satisfaction Based on Various Parameters

4.6.   Impact of IoT Adoption in Healthcare

4.7.   Key IoT Related Challenges Faced

5.    Executive Summary

6.    Global IoT in Healthcare Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Component (Medical Devices, System and Software, Services)

6.2.1.1.         Medical Devices (Stationery Medical Devices, Implants, Wearables)

6.2.1.2.         System and Software (Remote Device Management, Data Analytics, Application Security and Others)

6.2.1.3.         Services (Managed Services, Professional Services)

6.2.2.     By Application (Telemedicine, Remote Patient Monitoring, Clinical Operations and Workflow Management, Connected Imaging and Others)

6.2.3.     By End-User (Hospitals and Clinics, Clinical Research Centres and Diagnostic Labs)

6.2.4.     By Company (2021)

6.2.5.     By Region

6.3.  Product Market Map

7.    North America IoT in Healthcare Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Component

7.2.2.     By Application

7.2.3.     By End-User

7.2.4.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States IoT in Healthcare Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Component

7.3.1.2.2.             By Application

7.3.1.2.3.             By End-User

7.3.2.     Canada IoT in Healthcare Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Component

7.3.2.2.2.             By Application

7.3.2.2.3.             By End-User

7.3.3.     Mexico IoT in Healthcare Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Component

7.3.3.2.2.             By Application

7.3.3.2.3.             By End-User

8.    Europe IoT in Healthcare Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Component

8.2.2.     By Application

8.2.3.     By End-User

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     Germany IoT in Healthcare Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Component

8.3.1.2.2.             By Application

8.3.1.2.3.             By End-User

8.3.2.     France IoT in Healthcare Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Component

8.3.2.2.2.             By Application

8.3.2.2.3.             By End-User

8.3.3.     United Kingdom IoT in Healthcare Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Component

8.3.3.2.2.             By Application

8.3.3.2.3.             By End-User

8.3.4.     Spain IoT in Healthcare Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Component

8.3.4.2.2.             By Application

8.3.4.2.3.             By End-User

8.3.5.     Italy IoT in Healthcare Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Component

8.3.5.2.2.             By Application

8.3.5.2.3.             By End-User

9.    Asia-Pacific IoT in Healthcare Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Component

9.2.2.     By Application

9.2.3.     By End-User

9.2.4.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China IoT in Healthcare Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Component

9.3.1.2.2.             By Application

9.3.1.2.3.             By End-User

9.3.2.     Australia IoT in Healthcare Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Component

9.3.2.2.2.             By Application

9.3.2.2.3.             By End-User

9.3.3.     Japan IoT in Healthcare Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Component

9.3.3.2.2.             By Application

9.3.3.2.3.             By End-User

9.3.4.     India IoT in Healthcare Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Component

9.3.4.2.2.             By Application

9.3.4.2.3.             By End-User

9.3.5.     South Korea IoT in Healthcare Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Component

9.3.5.2.2.             By Application

9.3.5.2.3.             By End-User

10.  South America IoT in Healthcare Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Component

10.2.2.  By Application

10.2.3.  By End-User

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil IoT in Healthcare Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Component

10.3.1.2.2.           By Application

10.3.1.2.3.           By End-User

10.3.2.  Colombia IoT in Healthcare Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Component

10.3.2.2.2.           By Application

10.3.2.2.3.           By End-User

10.3.3.  Argentina IoT in Healthcare Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Component

10.3.3.2.2.           By Application

10.3.3.2.3.           By End-User

11.  Middle East and Africa IoT in Healthcare Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Component

11.2.2.  By Application

11.2.3.  By End-User

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa IoT in Healthcare Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Component

11.3.1.2.2.           By Application

11.3.1.2.3.           By End-User

11.3.2.  Saudi Arabia IoT in Healthcare Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Component

11.3.2.2.2.           By Application

11.3.2.2.3.           By End-User

11.3.3.  UAE IoT in Healthcare Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Component

11.3.3.2.2.           By Application

11.3.3.2.3.           By End-User

11.3.4.  Kuwait IoT in Healthcare Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Component

11.3.4.2.2.           By Application

11.3.4.2.3.           By End-User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Medtronic, Inc.

14.2.              Koninklijke Philips N.V.

14.3.              General Electric Company

14.4.              IBM Corporation

14.5.              Microsoft Corporation

14.6.              Cerner Corporation

14.7.              AgaMatrix Hong Kong Ltd

14.8.              Cisco Systems, Inc.

14.9.              GE Healthcare

14.10.            Huawei Technologies

14.11.            Intel Corporation

14.12.            Siemens Healthcare GmbH

14.13.            AdhereTech, Inc.

14.14.            Bosch Healthcare Solutions GmbH

14.15.            SAP SE.

 15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Favorable reimbursement policies and the huge healthcare expenditure is expected to drive the demand of the global IoT in healthcare market during the forecast period.

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Global IoT in healthcare market is segmented into component, application, end-user, regional distribution, and company.

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North America region is expected to hold the largest share in global IoT in healthcare market during forecast period.

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The major players operating in the global IoT in healthcare market are Medtronic, Inc., Koninklijke Philips N.V., General Electric Company, IBM Corporation, Microsoft Corporation, Cerner Corporation, AgaMatrix Hong Kong Ltd, Cisco Systems, Inc., GE Healthcare, Huawei Technologies, Intel Corporation, Siemens Healthcare GmbH, AdhereTech, Inc., Bosch Healthcare Solutions GmbH, SAP SE, among others.

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Press Release

IoT in Healthcare Market to be Dominated by Telemedicine Segment through 2026

Sep, 2021

Rising awareness of self-health monitoring and the government initiatives promoting digital health is expected to drive the demand for global IoT in healthcare market in the forecast period.

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