IoT Healthcare Market categorizes the global market by components as medical device, system and software, service, and connectivity technology, by application as telemedicine, workflow management, connected imaging, medication management, by end-user & by region.
Pune, India -- (SBWIRE) -- 02/09/2016 -- According to a new market research report "IoT Healthcare Market by Components (Medical Device, System and Software, Service, and Connectivity Technology), Application (Telemedicine, Workflow Management, Connected Imaging, Medication Management), End-User - Global Forecast to 2020", the global IoT in healthcare market is expected to grow from USD 32.47 Billion in 2015 to USD 163.24 Billion by 2020, at a Compound Annual Growth Rate (CAGR) of 38.1% during the forecast period. In the current scenario, North America is expected to be the largest market on the basis of market size and technological advancements.
Browse 75 market data tables and 44 figures spread through 146 pages and in-depth TOC on "IoT Healthcare Market - Global Forecast to 2020"
Early buyers will receive 10% customization on this report.
Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=160082804
The IoT in healthcare terminology is used to define the implementation of the IoT-based technology solutions and associated services into the various applications healthcare sector. The solutions are primarily aimed at achieving the integration of connected medical devices and intelligent data analysis to enhance the operational efficiency of healthcare organizations. It also improvises the healthcare outcomes with reduced cost of care, using efficient tools and techniques. It imparts benefits to the various end-to-end needs, such as real-time patient engagement, remote monitoring, chronic disease management, inpatient monitoring, medication management, efficient clinical operations, and workflow management.
The evolution of high speed networking technologies in healthcare organizations and the rise in demand for remote patient monitoring across the world are expected to drive the IoT in healthcare market in the coming years. Patient data security and privacy is one of the challenges currently faced by healthcare organizations. As a result, solution providers are shifting focus towards IoT security solutions to safeguard the connected devices and patient data generated using those devices. IoT-based solutions are further enabling companies to increase operational efficiency. Innovation in next generation sensors is another major factor driving the IoT in healthcare market. However, insufficient IoT technology skills and lack of governance standards act as restraining growth factors of the market.
Furthermore, the IoT in healthcare market is still in the growing phase. Major vendors in the IoT in healthcare market are Medtronic, Inc. (U.S.), Philips (the Netherlands), IBM Corporation (U.S.), Cisco Systems (U.S.), and GE Healthcare (U.K.).
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=160082804
The global IoT in healthcare market has been segmented on the basis of types of medical devices, systems and software, connectivity technologies, services, applications, end users, and regions. The report includes various types of medical devices, namely, wearable external medical devices, implanted medical devices, and stationary medical devices. Systems and software include remote device management, network bandwidth management, data analytics, application security, and network security. Connectivity technologies have been segmented into Wi-Fi, BLE, NFC, ZigBee, cellular, and satellite technologies. The services have been segmented into system integration, professional services, and support and maintenance. In addition, the report classifies the market into the regions such as North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India