IoT Healthcare Market to grow at 15% CAGR from 2017 to 2024 - PowerPoint PPT Presentation

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IoT Healthcare Market to grow at 15% CAGR from 2017 to 2024


More Information @ Increasing adoption of technologies such as sensors in various devices across the healthcare industry will drive the IoT healthcare market growth. These technologies enable the devices to gather and share data among each other as well as the cloud for data collection and analysis. With the advancements in sensor technology, miniaturization of devices communicating wirelessly is effective in nature and performs without user intervention. – PowerPoint PPT presentation

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Title: IoT Healthcare Market to grow at 15% CAGR from 2017 to 2024

IoT Healthcare Market to witness 15 growth from
2017 to 2024 Global Market Insights, Inc.
Key Insights from IoT Healthcare Market
  • IoT Infrastructure Market is primarily driven by
    the implementation of advanced digital solutions
    across the sector. The integration of such
    technology in the healthcare infrastructure is
    expected to streamline the operations, improvise
    the patient interactions and enhance the
    efficiency of processes.
  • Increasing penetration of smartphones coupled
    with the improved internet connectivity worldwide
    is expected to fuel the growth. IoT has potential
    to reshape the industry due to the benefits such
    as remote monitoring of patients and management
    of facility assets.
  • The differentiating factor of IoT Healthcare
    Market report by Global Market Insights, Inc.
    when compared with other, similar syndicated
    research studies includes a 360-degree synopsis
    of trends for a period of more than 10 years
    including historic information as well as future

  • Increasing aging population in Japan and several
    other European countries such as Italy Germany
    coupled with the rising number of chronic
    diseases will drive the IoT healthcare market
    growth over the forecast timeline.
  • Technological advancements in the sector to
    provide accessible inexpensive patient care
    solutions widens the scope for adoption of such
    solutions. It is gradually transforming the
    sector by focusing on the way devices,
    application as well as people interact with each
  • Lack of interoperability may hamper the IoT
    healthcare market growth. Interoperable systems
    enable share retention of data automatically,
    eliminating the possibility of re-entering data
    each time.
  • Issues such as difficulty in integration of
    devices made by different manufacturers, their
    inability to operate on other operating systems,
    poses challenge to mass consumerization of IoT


Latest Research Report On IoT Healthcare Market
_at_ http// Request for a
sample of this research report _at_
U.S. IoT infrastructure market, by application,
2016 2024 (USD Billion)

Major Companies in IoT Healthcare Market
  • Microsoft Corporation
  • General Electric
  • IBM Corporation
  • Honeywell International Inc.
  • Cisco Systems Inc
  • Stanley Healthcare
  • Qualcomm Inc.
  • SAP SE and Medtronic Inc.

Industry Coverage

Regional Insights in IoT Healthcare Market
  • North America dominates the IoT healthcare market
    with significant revenue share. The growth is
    attributed to the presence of large number of
    advanced infrastructure in the region.
    Advancements in technology and devices coupled
    with rising spending on the infrastructure
    further contributes to the market growth.
  • Asia Pacific IoT healthcare market is expected to
    witness significant growth owing to rising number
    of medical facilities. Moreover, the increasing
    investment in the sector to improve the
    infrastructure and address issues such as
    corruption, several countries are planning to
    introduce innovative models such as e-catalogs
    and price transparency procedures that will
    contribute in the demand for advanced solutions.

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