Sarasota, FL -- (SBWIRE) -- 03/16/2018 -- Global Healthcare M2M Market: Overview

Machine-to-machine (M2M) technology is an extremely significant tool in the healthcare sector. Medical devices can enhance patient care skills and provide remote diagnostics, it can change health care in a lot of manners such as it needs a small quantity of BW, reduced distress for the patient, and improved quality of care.

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Global Healthcare M2M Market: Growth Factors

The rising digit of patients reliant on assisted living—wherein primary responder connectivity is crucial—is the major factor contributing to the growth of the healthcare M2M market. Further, the mounting drift of wearable devices among the health-conscious individuals has boosted a requirement for healthcare M2M-based products as it enables the users to keep an eye on their fitness levels simply with few clicks. The key benefit of M2M-based healthcare services is expected to slash down the administrative prices and reduce risks related to treatment and diagnoses, which, in turn, is fueling the growth of the healthcare M2M market.

Global Healthcare M2M Market: Segmentation

The global healthcare M2m market can be bifurcated based on application, industry vertical, technology, and geography. The application segment of the market can be categorized into patient well-being, sports & fitness, medical facilities, and others (research & education and implants). The industry vertical segment of the healthcare M2M market can be segmented into automotive & transportation, healthcare, retail, utilities, security & surveillance, consumer electronics, and others. The automotive & transportation segment can be sub-divided into fleet tracking/monitoring and telematics. The healthcare segment of the healthcare M2M market can be sub-categorized into telemedicine and patient monitoring & tracking. The retail segment of the market can be sub-segmented into vending machine & ATMs and digital signage & point-of-sales. The utility segment of the healthcare M2M market can be sub-divided into smart meters and smart grids. The security & surveillance segment of the market can be sub-categorized into remote surveillance and commercial & residential security. The consumer electronics segment of the healthcare M2M market can be sub-divided into smart appliances and smart TV & smart TV consoles. The technology segment of the healthcare M2M market can be bifurcated into cellular technologies, wireless technologies, and wired technologies.

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Global Healthcare M2M Market: Regional Analysis

North America is anticipated to lead the worldwide healthcare M2M market. The growth of this region can be attributed to factors such as the rising demand owing to the huge figure of chronic diseases as well as the rise in a number of elderly population. Asia Pacific region is also anticipated to grow at a rapid pace in the healthcare M2M market in the coming period. Factors such as the increasing digit M2M-based connections, augmented government initiatives, and the requirement for low-priced medical connectivity services are contributing to the market growth in this region.

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Global Healthcare M2M Market: Competitive Players

The major players in the worldwide healthcare M2M market include Athenahealth, Inc., GE Healthcare, IBM Corporation, Apple Inc., and Cisco Systems Inc. other few prominent players in the healthcare M2M market are Allscripts Healthcare Solutions Inc., Gemalto NV, Sierra Wireless Inc., and Stanley Healthcare, AT&T Inc.

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