IoT in Healthcare: Global Market Analysis & Forecasts to 2024 featuring Medtronic, Cisco Systems, IBM, GE Healthcare, Honeywell Life Care Solutions, Microsoft, SAP, and more - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “IoT in Healthcare: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global IoT in healthcare to grow with a CAGR of 31.1% over the forecast period of 2018-2024.The rising demand of chronic disease management, better connectivity between doctors and patients, and enhanced drug delivery systems in Healthcare sectors have created the demand for IoT in the Healthcare sector. In addition, the IoT allows devices to be interconnected with each other to improve patient monitoring, patient outcomes, decrease in errors and other benefits, which is likely to boost the market growth.Due to the introduction of IoT in Healthcare, the efficiency, effectiveness and quality of the service in Healthcare has improved. In addition, the IoT in Healthcare is mostly used in closed-loop insulin delivery, continuous glucose monitoring (CGM) system, activity trackers during cancer treatment, and connected inhalers. In addition, the IoT in Healthcare sector also provides ingestible sensors, connected contact lenses, depression-fighting Apple watch app, coagulation testing and others.
The introduction of artificial intelligence technology in Healthcare is the major factor driving the growth of this market. In addition, some factors such as technological advancement in the Healthcare sector, rising demand of cost effective management systems for treatment, and collaboration of IT companies with major companies catering into Healthcare are expected to fuel the market growth over the forecast period.
However, the issue associated with data privacy and security are expected to hamper market growth. Moreover, ongoing improvements in Healthcare infrastructure, rising investments for the R&D and growing demand of technological advancements in the Healthcare sector is projected to create several opportunities for this market in upcoming years.Companies ProfiledMedtronicCisco SystemsIBMGE HealthcareHoneywell Life Care SolutionsRoyal PhilipsMicrosoftSAPQualcomm LifeStanley Healthcare
Key Topics Covered
2. Executive Summary
3. Global IoT In Healthcare Overview
4. Global IoT In Healthcare by Technology
5. Global IoT In Healthcare by Application
6. Global IoT In Healthcare by End User
7. Global IoT In Healthcare by Region 2018-2024
8. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/fdg432/iot_in?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005358/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Internet of Things and M2M
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/24/2018 04:57 AM/DISC: 09/24/2018 04:57 AM