With an Objective to Improve Patient Engagement and Safety, Internet of Things in Healthcare Market to Witness Increased Rate of Adoption, Finds TMR Report

With an Objective to Improve Patient Engagement and Safety, Internet of Things in Healthcare Market to Witness Increased Rate of Adoption, Finds TMR Report

PR Newswire

ALBANY, New York, Feb. 26, 2020

- There are myriad of applications of internet of things in the healthcare domain, starting from medical device integration to smart sensors and remote monitoring. The technology has the potential to transform the healthcare services

- Internet of things in healthcare is not yet widespread, however, it has huge potential of growth in the near future

ALBANY, New York, Feb. 26, 2020 /PRNewswire/ -- A new research report published by Transparency Market Research speaks about different factors that are exerting their influence for the overall development of the global internet of things in healthcare market. The research report predicts that the global market will exhibit a mammoth 20.9% CAGR for the given period of forecast ranging from 2019 to 2027. With such a massive rate of growth, the internet of things in healthcare market is estimated to reach to a valuation of around US$469.4 bn by the end of 2027. In 2019, the market was valued at US$102.8 bn.

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"The companies operating in the global internet of things healthcare market are striving to provide highly advanced solutions to the domain. With increasing focus on patients' safety and health, the companies are now working towards developing products that will cater to these exact demands. Furthermore, the products are designed in a manner to improve the levels of patient satisfaction and engagement. Such trends are expected to give solid impetus to the development of the global market," find TMR analysts.

Key Findings in the Research Report

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Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Internet of Things (IoT) in Healthcare Market By Component - Hardware {Portable Diagnostic Devices (On-body Wearable and Others), Non-Portable Diagnostic Devices}, Software, Service; By Application - Telemedicine, Medication Management, Clinical Operations, Patient Monitoring, Connected Imaging, Others; By Technology - Bluetooth, Wi-Fi, NFC, Zigbee, RFID, Others; By End-use - Hospitals, Pharmaceuticals, Clinics and Laboratories

Global Internet of Things in Healthcare Market – Key Driving Factors

Global Internet of Things in Healthcare Market – Key Restraining Factors

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Global Internet of Things in Healthcare Market – Regional Outlook

Analyze Internet of Things in Healthcare market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Global Internet of Things in Healthcare Market – Key Players

Some of the most prominent brands operating in the global internet of things are AdhereTech Inc., Cerner Corporation, IBM Corporation, Qualcomm Technologies Inc., Cisco Inc., General Electric Company, Ericsson AB, Honeywell International, Medtronic Inc., SAP SE, Vodafone and Zebra Technologies.

Market Segmentation:

IoT in Healthcare Market Analysis, by Component

IoT in Healthcare Market Analysis, by Application

IoT in Healthcare Market Analysis, by End-Use

IoT in Healthcare Market Analysis, by Technology

IoT in Healthcare Market Analysis, by Region

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to industry leaders, consultants, and strategy professionals.

Our reports are single-point solutions for industries to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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