IoT in Healthcare Market Analysis Insights by Top Companies and Latest Trends | Future Growth | Revenue and Demand Forecast to 2024

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The IoT in healthcare market size is projected to grow from USD 55.5 billion in 2019 to USD 188.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 27.6% during the forecast period. The IoT in healthcare market is driven by factors, such as advancement in technology coupled with rising demand for self-health management service and rise of digitalization and increase in the overall level of connectivity and innovations taking place in the modern healthcare ecosystem. However, lack of skilled digital workforce, and challenge for organizations due to security concerns related to the violation of crucial patient information are expected to retrict thre growth of the IoT in healthcare market.

The IoT in healthcare market by component is segmented into medical devices, systems and software, services, and connectivity technology. The systems and software segment is expected to grow at a rapid pace during the forecast period. Systems and software are the most promising components in the IoT in healthcare market as they create a high degree of smart characteristics and autonomy in the IoT ecosystem. They are designed to meet interoperability challenges that occur due to varied heterogeneous devices, along with managing large volumes of data and offering them security and privacy.

Get a PDF Sample for more detailed market insights: https://www.sdki.jp/sample-request-62094
The Final Report will cover the impact analysis of COVID-19 on this industry: IoT in Healthcare  Market Analysis Insights by Top Companies and Latest Trends | Future Growth | Revenue and Demand Forecast  to 2024

The IoT in healthcare market by end user has been segmented into hospitals, surgical centers, and clinics; clinical research organizations; government and defense institutions; and research and diagnostic laboratories. IoT solutions in the healthcare sector are majorly catered by this segment that consists of hospitals, surgical centers, and clinics, as they are the most approached care centers by patients.

Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Factors, such as flexible economic conditions, industrialization- and globalization-motivated policies of the governments, as well as expanding digitalization, would support the growth of the IoT in healthcare market in the region.

Get a PDF Sample for more detailed market insights: https://www.sdki.jp/sample-request-62094
The Final Report will cover the impact analysis of COVID-19 on this industry: IoT in Healthcare  Market Analysis Insights by Top Companies and Latest Trends | Future Growth | Revenue and Demand Forecast  to 2024

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the IoT in healthcare market.
 By Company: Tier I: 45%, Tier II: 40%, and Tier III: 15%
 By Designation: C-Level Executives: 40%, Directors: 35%, Managers: 15% and Others: 10%
 By Region: North America: 15%, APAC: 35%, Europe: 40%, and RoW: 10%

Research Coverage
The market study covers the IoT in healthcare market across segments. It aims at estimating the market size and the growth potential of this market, across different segments, such as component, application, end user, and region. The study further includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall IoT in healthcare market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report further helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 INCLUSIONS AND EXCLUSIONS 21
1.4 MARKET SCOPE 22
1.4.1 MARKET SEGMENTATION 22
1.4.2 REGIONS COVERED 23
1.5 YEARS CONSIDERED FOR THE STUDY 23
1.6 CURRENCY CONSIDERED 23
1.7 STAKEHOLDERS 24
2 RESEARCH METHODOLOGY 25
2.1 RESEARCH DATA 25
2.1.1 SECONDARY DATA 27
2.1.2 PRIMARY DATA 27
2.1.2.1 Breakup of primary profiles 28
2.1.2.2 Key industry insights 28
2.2 MARKET BREAKUP AND DATA TRIANGULATION 29
2.3 MARKET SIZE ESTIMATION 30
2.4 MARKET FORECAST 32
2.5 ASSUMPTIONS FOR THE STUDY 33
2.6 LIMITATIONS OF THE STUDY 33

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Christophe Rude

Christophe Rude

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