Sarasota, FL, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “IoT Healthcare Market by Component (Medical Devices, Services, Systems & Software); for Application (Clinical Operations & Work Flow Management, Telemedicine, Connected imaging, Medication Management, Inpatient Management and Others); by Connectivity (WiFi, Bluetooth Low Energy, Zigbee, Near Field Communication (NFC), Cellular and Satellite); by End User (Clinical Research Organization (CR), Government and Defense Institutions, Hospitals, Surgical Centers and Clinics and Research and Diagnostics Laboratories): Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2016 – 2022”.
According to the report, global IoT Healthcare Market was valued at around USD 5,800 million in the year 2014 and it is expected to reach approximately USD 14,660 million by 2022. The global IoT Healthcare market is expected to exhibit a CAGR of more than 11.0% between 2017 and 2022.
Browse through 95 Tables & 69 Figures spread over 154 Pages and in-depth TOC on "Global IoT Healthcare Market Size & Trends 2016: Industry Research & Forecast Up to 2022”.
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The increasing implementation of diverse equipment (Diagnostic as well as therapeutic) in detecting and maintaining the health outcomes of patients is one of the major factors that drive the growth of the global IoT Healthcare market. In major developed countries, IoT has been successfully implemented in remote monitoring of diabetes and asthma patients, coupled with high penetration of fitness and wellness devices owing to which the sales of the IoT Healthcare systems will grow in the future years.
Several types of components are being used in the manufacturing of healthcare IoT devices. The systems and software are having a huge demand in the Global IoT Healthcare Market owing to increasing applications in all the medical devices, as it is the skeleton of medical devices to perform its actual functioning of interconnection between two devices. Systems and Software segment is expected to grow with a CAGR of 12.6% over the forecast period.
Browse the full "Global IoT Healthcare Market by Component (Medical Devices, Services, Systems & Software); Application (Clinical Operations & Work Flow Management, Telemedicine, Connected imaging, Medication Management, Inpatient Management and Others); Connectivity (WiFi, Bluetooth Low Energy, Zigbee, Near Field Communication (NFC), Cellular and Satellite); End User (Clinical Research Organization (CR), Government and Defense Institutions, Hospitals, Surgical Centers and Clinics and Research and Diagnostics Laboratories) Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2014 – 2022" report at https://www.zionmarketresearch.com/report/data-quality-tools-market
The wearable external medical devices are dominating the Global IoT Healthcare Market in medical devices segment due to the increased adoption of IoT technology in advanced healthcare and fitness devices. The remote patient monitoring experienced a huge leap in 2016. Total 7.1 million patients were enrolled in some form of digital healthcare program featuring connected medical devices that used the patient’s own mobile devices. Owing to the rising popularity and increasing demand, the segment is likely to grow at a higher CAGR of 11.3% over the forecast period.
By Application Telemedicine is the most recent application utilizing the IoT technology in maintaining the patient data and tracking the where about of the patient. Hence Telemedicine is a leading Application type segment in Global IoT Healthcare market. The telemedicine application type segment is likely to cross-market value of USD 4164.3 million by end of 2022 and is growing at a CAGR of 12.7% over the forecast period.
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Market Report Highlights:
According to the observations made by our analysts and by the suggestions made by the industry experts, it was found that IoT technology will be prevalent in almost all the medical devices, which is likely open up many opportunities for the IoT Healthcare market.
Some of the prominent market players in the IoT Healthcare Market include Cerner Corporation., Diabetizer Ltd. & Co. KG, Infosys Limited, Medtronic Public Limited Company, Microsoft Corporation, Proteus Digital Health, Inc. among others.
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Market Segmentation:
Global IoT Healthcare Market: Component Segment Analysis
Global IoT Healthcare Market: Application Segment Analysis
Global IoT Healthcare Market: Connectivity Segment Analysis
Global IoT Healthcare Market: End-User Segment Analysis
Global IoT Healthcare Market: Regional Segment Analysis
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