IoT in Healthcare Market Size, Share, Analysis Report

IoT in Healthcare Market Size By End User (Government and Defense Institutions, Research and Diagnostic Laboratories, Hospitals, Surgical Centers, and Clinics, Clinical Research Organizations), By Application (Interactive Medicine, Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management), By Component (Connectivity Technology, Services, Systems and Software, Medical Devices), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The IoT in healthcare is although not yet in widespread use throughout, but there shall be massive rise in demand for internet of things in this industry in the coming years. This rapid scaling of these technologies is qualified to the declining prices of the devices and reducing the size of the components by making it user friendly and compact to use.

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MARKET SNAPSHOT

Major Players

  • Royal Philips
  • Resideo Technologies
  • Capsule Technologies
  • STANLEY Healthcare
  • Armis
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The internet of things has several applications in the healthcare, from having smart sensors to medical device integration and remote monitoring. It has the potential to expand the potential of the physicians to deliver care along side keeping patients healthy and safe. Healthcare IoT applications improvement the patient engagement and the satisfaction by allowing the patient to spend more time interacting with the doctors. Nowadays they are often secured to the health systems data networks in order to deliver information. The IoT in healthcare is although not yet in widespread use throughout, but there shall be massive rise in demand for internet of things in this industry in the coming years. This rapid scaling of these technologies is qualified to the declining prices of the devices and reducing the size of the components by making it user friendly and compact to use. Hospitals, healthcare laboratories and pharmacies will use internet of things for inventory management, improving the workflow optimization and medical device integration.

    The global IoT in Healthcare market is segregated on the basis of End User as Government and Defense Institutions, Research and Diagnostic Laboratories, Hospitals, Surgical Centers, and Clinics, and Clinical Research Organizations. Based on Application the global IoT in Healthcare market is segmented in Interactive Medicine, Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management, Others, Telemedicine, Store-and-forward Telemedicine, and Remote Patient Monitoring. Based on Component the global IoT in Healthcare market is segmented in Connectivity Technology, Services, Systems and Software, and Medical Devices.

    The global IoT in Healthcare market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IoT in Healthcare market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Royal Philips, Resideo Technologies, Capsule Technologies, STANLEY Healthcare, Armis, IBM, GE Healthcare, Microsoft, SAP, Medtronic, and others are among the major players in the global IoT in Healthcare market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The IoT in Healthcare Market has been segmented as below:

    IoT in Healthcare Market, By End User

    • Government and Defense Institutions
    • Research and Diagnostic Laboratories
    • Hospitals, Surgical Centers, and Clinics
    • Clinical Research Organizations

    IoT in Healthcare Market, By Application

    • Interactive Medicine
    • Clinical Operations and Workflow Management
    • Connected Imaging
    • Inpatient Monitoring
    • Medication Management
    • Others
    • Telemedicine
    • Store-and-forward Telemedicine
    • Remote Patient Monitoring

    IoT in Healthcare Market, By Component

    • Connectivity Technology
    • Services
    • Deployment and Integration
    • Consulting
    • Support and Maintenance
    • Systems and Software
    • Remote Device Management
    • Network Bandwidth Management
    • Data Analytics
    • Application Security
    • Network Security
    • Medical Devices
    • Stationary Medical Devices
    • Implanted Medical Devices
    • Wearable External Medical Devices

    IoT in Healthcare Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    IoT in Healthcare Market, By Company

    • Royal Philips
    • Resideo Technologies
    • Capsule Technologies
    • STANLEY Healthcare
    • Armis
    • IBM
    • GE Healthcare
    • Microsoft
    • SAP
    • Medtronic
    • Softweb Solutions
    • OSP Labs
    • Commarch SA
    • Telit
    • KORE Wireless
    • Sciencesoft
    • Intel
    • Agamatrix
    • Welch Allyn
    • Cisco  

    The report covers:

    • Global IoT in Healthcare market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global IoT in Healthcare market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT in Healthcare market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global IoT in Healthcare market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT in Healthcare market share. Major industry players with significant revenue share include Royal Philips, Resideo Technologies, Capsule Technologies, STANLEY Healthcare, Armis, IBM, GE Healthcare, Microsoft, SAP, Medtronic, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the IoT in Healthcare industry trends
    • Find complete analysis on the market status
    • Identify the IoT in Healthcare market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1.    Introduction

    1.1.    Key Take Aways
    1.2.    Report Description
    1.3.    Markets Covered
    1.4.    Stakeholders

    2.    Research Methodology

    2.1.    Research Scope
    2.2.    Research Methodology
    2.2.1.    Market Research Process
    2.2.2.    Research Methodology
    2.2.2.1.    Secondary Research
    2.2.2.2.    Primary Research
    2.2.2.3.    Models for Estimation
    2.3.    Market Size Estimation
    2.3.1.    Bottom-Up Approach
    2.3.2.    Top-Down Approach

    3.    Executive Summary

    4.    Market Overview

    4.1.    Introduction
    4.2.    Drivers
    4.3.    Restraints

    5.    IoT in Healthcare Market, By End User

    5.1.    Key Points
    5.2.    Government and Defense Institutions
    5.3.    Research and Diagnostic Laboratories
    5.4.    Hospitals, Surgical Centers, and Clinics
    5.5.    Clinical Research Organizations

    6.    IoT in Healthcare Market, By Application 

    6.1.    Key Points
    6.2.    Clinical Operations and Workflow Management
    6.3.    Connected Imaging
    6.4.    Inpatient Monitoring
    6.5.    Medication Management
    6.6.    Others
    6.7.    Telemedicine
    6.8.    Store-and-forward Telemedicine
    6.9.    Remote Patient Monitoring
    6.10.    Interactive Medicine

    7.    IoT in Healthcare Market, By Component

    7.1.    Key Points
    7.2.    Connectivity Technology
    7.3.    Services
    7.3.1.    Deployment and Integration
    7.3.2.    Consulting
    7.3.3.    Support and Maintenance
    7.4.    Medical Devices
    7.4.1.    Wearable External Medical Devices
    7.4.2.    Implanted Medical Devices
    7.4.3.    Stationary Medical Devices
    7.5.    Systems and Software
    7.5.1.    Remote Device Management
    7.5.2.    Network Bandwidth Management
    7.5.3.    Data Analytics
    7.5.4.    Application Security
    7.5.5.    Network Security

    8.    IoT in Healthcare Market, By Region

    8.1.     Key Points
    8.2.    North America
    8.2.1.    U.S
    8.2.2.    Canada
    8.2.3.    Mexico
    8.3.    Europe
    8.3.1.    Spain
    8.3.2.    Russia
    8.3.3.    Turkey
    8.3.4.    Belgium
    8.3.5.    Netherlands
    8.3.6.    Germany
    8.3.7.    France
    8.3.8.    Italy
    8.3.9.    Rest of Europe
    8.4.    Asia Pacific
    8.4.1.    China
    8.4.2.    Japan
    8.4.3.    India
    8.4.4.    Australia
    8.4.5.    Rest of Asia Pacific
    8.5.    Rest of World
    8.6.    Competitive Landscape
    8.7.    Introduction
    8.8.    Recent Developments
    8.8.1.    Mergers & Acquisitions
    8.8.2.    New Product Developments
    8.8.3.    Portfolio/Production Capacity Expansions
    8.8.4.    Joint Ventures, Collaborations, Partnerships & Agreements
    8.8.5.    Others

    9.    Company Profile

    9.1.    Welch Allyn
    9.1.1.    Company Overview
    9.1.2.    Product/Service Landscape
    9.1.3.    Financial Overview
    9.1.4.    Recent Developments
    9.2.    Agamatrix 
    9.2.1.    Company Overview
    9.2.2.    Product/Service Landscape
    9.2.3.    Financial Overview
    9.2.4.    Recent Developments
    9.3.    Intel
    9.3.1.    Company Overview
    9.3.2.    Product/Service Landscape
    9.3.3.    Financial Overview
    9.3.4.    Recent Developments
    9.4.    Sciencesoft
    9.4.1.    Company Overview
    9.4.2.    Product/Service Landscape
    9.4.3.    Financial Overview
    9.4.4.    Recent Developments
    9.5.    Kore Wireless
    9.5.1.    Company Overview
    9.5.2.    Product/Service Landscape
    9.5.3.    Financial Overview
    9.5.4.    Recent Developments
    9.6.    Telit
    9.6.1.    Company Overview
    9.6.2.    Product/Service Landscape
    9.6.3.    Financial Overview
    9.6.4.    Recent Developments
    9.7.    Comarch Sa 
    9.7.1.    Company Overview
    9.7.2.    Product/Service Landscape
    9.7.3.    Financial Overview
    9.7.4.    Recent Developments
    9.8.    Osp Labs
    9.8.1.    Company Overview
    9.8.2.    Product/Service Landscape
    9.8.3.    Financial Overview
    9.8.4.    Recent Developments
    9.9.    Softweb Solutions
    9.9.1.    Company Overview
    9.9.2.    Product/Service Landscape
    9.9.3.    Financial Overview
    9.9.4.    Recent Developments
    9.10.    Oxagile
    9.10.1.    Company Overview
    9.10.2.    Product/Service Landscape
    9.10.3.    Financial Overview
    9.10.4.    Recent Developments
    9.11.    Hqsoftware
    9.11.1.    Company Overview
    9.11.2.    Product/Service Landscape
    9.11.3.    Financial Overview
    9.11.4.    Recent Developments
    9.12.    R-STYLE LAB
    9.12.1.    Company Overview
    9.12.2.    Product/Service Landscape
    9.12.3.    Financial Overview
    9.12.4.    Recent Developments
    9.13.    Huawei
    9.13.1.    Company Overview
    9.13.2.    Product/Service Landscape
    9.13.3.    Financial Overview
    9.13.4.    Recent Developments
    9.14.    PTC 
    9.14.1.    Company Overview
    9.14.2.    Product/Service Landscape
    9.14.3.    Financial Overview
    9.14.4.    Recent Developments
    9.15.    Oracle
    9.15.1.    Company Overview
    9.15.2.    Product/Service Landscape
    9.15.3.    Financial Overview
    9.15.4.    Recent Developments
    9.16.    Armis
    9.16.1.    Company Overview
    9.16.2.    Product/Service Landscape
    9.16.3.    Financial Overview
    9.16.4.    Recent Developments
    9.17.    BOSCH
    9.17.1.    Company Overview
    9.17.2.    Product/Service Landscape
    9.17.3.    Financial Overview
    9.17.4.    Recent Developments
    9.18.    Stanley Healthcare
    9.18.1.    Company Overview
    9.18.2.    Product/Service Landscape
    9.18.3.    Financial Overview
    9.18.4.    Recent Developments
    9.19.    Capsule Technologies 
    9.19.1.    Company Overview
    9.19.2.    Product/Service Landscape
    9.19.3.    Financial Overview
    9.19.4.    Recent Developments
    9.20.    Resideo Technologies
    9.20.1.    Company Overview
    9.20.2.    Product/Service Landscape
    9.20.3.    Financial Overview
    9.20.4.    Recent Developments
    9.21.    Royal Philips
    9.21.1.    Company Overview
    9.21.2.    Product/Service Landscape
    9.21.3.    Financial Overview
    9.21.4.    Recent Developments
    9.22.    Medtronic
    9.22.1.    Company Overview
    9.22.2.    Product/Service Landscape
    9.22.3.    Financial Overview
    9.22.4.    Recent Developments

    The IoT in Healthcare Market has been segmented as below:

    IoT in Healthcare Market, By End User

    • Government and Defense Institutions
    • Research and Diagnostic Laboratories
    • Hospitals, Surgical Centers, and Clinics
    • Clinical Research Organizations

    IoT in Healthcare Market, By Application

    • Interactive Medicine
    • Clinical Operations and Workflow Management
    • Connected Imaging
    • Inpatient Monitoring
    • Medication Management
    • Others
    • Telemedicine
    • Store-and-forward Telemedicine
    • Remote Patient Monitoring

    IoT in Healthcare Market, By Component

    • Connectivity Technology
    • Services
    • Deployment and Integration
    • Consulting
    • Support and Maintenance
    • Systems and Software
    • Remote Device Management
    • Network Bandwidth Management
    • Data Analytics
    • Application Security
    • Network Security
    • Medical Devices
    • Stationary Medical Devices
    • Implanted Medical Devices
    • Wearable External Medical Devices

    IoT in Healthcare Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    IoT in Healthcare Market, By Company

    • Royal Philips
    • Resideo Technologies
    • Capsule Technologies
    • STANLEY Healthcare
    • Armis
    • IBM
    • GE Healthcare
    • Microsoft
    • SAP
    • Medtronic
    • Softweb Solutions
    • OSP Labs
    • Commarch SA
    • Telit
    • KORE Wireless
    • Sciencesoft
    • Intel
    • Agamatrix
    • Welch Allyn
    • Cisco  

    Got a question? We've got answers. If you have some other questions, see our support center.

    The segment included in the IoT in Healthcare market is End User, Application, Component, Company and region.
    Some key players operating in the IoT in Healthcare market include Royal Philips, Resideo Technologies, Capsule Technologies, STANLEY Healthcare, Armis, IBM, GE Healthcare, Microsoft, SAP
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