IoT Healthcare Market: Global Industry Is Expected to Grow at a CAGR of 28.9% to 2026 – Top Key Players (Royal Philips, Medtronic, IBM, Accenture PLC, & Cisco Systems)
The Global IoT Healthcare market is expected to grow from $41.22 billion in 2017 to reach $405.65 billion by 2026 with a CAGR of 28.9%. Increasing occurrence rates of chronic disorder, implementation of favorable strict government regulatory rules and evolution of artificial intelligence technology are some of the key factors driving the market growth. However, lack of efficiency in deploying IoT solutions, data privacy and security issues and limited technical knowledge are hampering the market.
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