The global IoT in healthcare market is expected to grow at a CAGR of 19.1% during the forecast period and reach USD 230.53 billion by 2026.
1. Global IoT Healthcare Market Share 2021 | Top Growth Factors,
Business Outlook And Regional Overview 2029 | StraitsResearch
StraitsResearch company lately announced the newest addition of a report titled, “IoT
Healthcare Market”, into its massive repository of research reports forecast. This report
estimates industry market value trends, growth trends and values, regional market
growth reason, major vendors competitive level, market share between the key
manufacturer, and future growth opportunity. Then, we refer to numerous primary and
secondary sources for market predicting and sizing, including but not restricted to user
reviews, historic market data, public financial records, and interviews with industry key
North America is the leading region in the global IoT healthcare market, owing to the
rising penetration of connected devices in healthcare, evolution of Artificial Intelligence
(AI) technology and reduced cost of patient care. Europe accounts for the second largest
market share in terms of revenue generation, due to the high adoption of IoT enabled
2. Trends in IoT Healthcare Market
The global IoT in healthcare market is expected to grow at a CAGR of 19.1%
during the forecast period and reach USD 230.53 billion by 2026.
Some of the major Companies in the IoT Healthcare Market are Medtronic (U.S.),
Royal Philips (Netherland), Cisco Systems, Inc. (U.S.), IBM Corporation (U.S.), GE
Healthcare (U.S.), Microsoft Corporation (U.S.), and SAP SE (Germany), Infosys Limited,
Cerner Corporation., Diabetizer Ltd. & Co. KG.
3. Segmental Insights Trends
The IoT Healthcare Market is Segmented By Component, By Application, By End User.
By End User: Hospitals, Surgical Centres, and Clinics, Clinical Research Organizations
(CROs), Governments, Others
Impact of Covid -19
The outbreak of the COVID-19 pandemic is expected to hinder the growth of the global
UV curable inks market. The lockdown strategies and restrictions on physical
movements due to the COVID-19 pandemic have significantly decreased the production
of these inks due to a halt in production in other industries. Therefore, it is forecasted
to severely impact the demand for UV curable inks across the globe. The market is
inclined to experience demand as well as supply shocks due to temporary shutdowns of
factories. Therefore, the market is expected to observe fluctuations in its demand in
Geographically, the IoT Healthcare Market is segmented into 5 regions.
The Middle East and Africa
- Connected Imaging
- Inpatient Monitoring
- Medical Devices
- Systems & Software
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