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

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IoT Healthcare Market to witness 15 growth from
2017 to 2024 Global Market Insights, Inc.
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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
  outlook.

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Continued...

• 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
  other.
• 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
  solutions.

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Latest Research Report On IoT Healthcare Market
_at_ http//bit.ly/2fJbFSk Request for a
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U.S. IoT infrastructure market, by application,
2016 2024 (USD Billion)

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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.

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Industry Coverage

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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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