Internet of Things (IoT) in Healthcare Market Growth with Challenges, Standardization, Competitive Market Share and Top Players 2020 - PowerPoint PPT Presentation

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Internet of Things (IoT) in Healthcare Market Growth with Challenges, Standardization, Competitive Market Share and Top Players 2020


The growing adoption of wearable technology, the emergence of connected cars, as well as investments for deploying digital technologies are the main factors driving the growth of the Internet of Things (IoT) in the healthcare industry. – PowerPoint PPT presentation

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Title: Internet of Things (IoT) in Healthcare Market Growth with Challenges, Standardization, Competitive Market Share and Top Players 2020

Internet of Things (IoT) in Healthcare Market
  • by Component (Medical Devices, System Software,
    Services), Application (Telemedicine, Medication
    Management, Clinical Operations, Inpatient
    Monitoring, Connected Imaging, Others), and
    Region, Global Forecast 2018 to 2025

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Internet of Things (IoT) in Healthcare Market
Size and Share 2025
  • In recent times there is a rising focus on
    patient-centric care, engagement, rise in
    high-speed technologies, connectivity, and
    cost-control actions within the healthcare
    sector. There is also an increase in real-time
    patient data collection and associated actions.
    In countries and regions where remote areas are
    deprived of basic healthcare facilities it is
    very much critical to get patients, there
    tracking and data to know and attend any
    emergencies. This is the reason why IOT in
    healthcare market is expected to grow above USD
    169 billion by 2025.
  • Also, the developing wearable innovations and
    technologies, the rise of connected automobiles,
    and investments in digital technologies is the
    main reason for development of the Internet of
    Things (IoT) in the medicinal industry. Expanding
    geriatric populace, mechanical progressions,
    alongside developing predominance of interminable
    conditions are mainily helping the growth in the
  • Furthermore, the developing need to give better
    experience and increment in healthcare service
    reach and qulity is expected to be the key growth
    attribute for IoT in this industry. Having said
    this, the cost of initial infrastructure, skilled
    manforce to handle adavanced technologies and so
    on is hindering the growth in some developing
    regions where primary health center netowrks are
    not very well established. However, cloud and
    cloud based analytics is expected to help coming
    over these difficulties.

Internet of Things (IoT) in Healthcare Market
Size and Share 2025
  • Based on the component segment, the market is
    bifurcated into three sub-segments that are
    medical devices, systems software, and
    services. In 2019, the medical device segment
    gathered the highest market revenue and it is
    anticipated to govern the IoT in the healthcare
    market throughout the forecast period. The large
    scale implementation of medical devices owing to
    the increasing need for efficient and
    cost-effective solutions for enabling healthcare
    services has propelled the industry growth in the
    last few years. Additionally, IoT-enabled medical
    devices possess an essential role in tracking and
    gathering numerous information, thus, leading to
    the advancement of different Internet of Things
    (IoT) in healthcare use cases.
  • The report also throws light on various aspects
    of the global IoT in healthcare by assessing the
    market using value chain analysis. The report
    covers several qualitative aspects of the IoT in
    the healthcare industry in market drivers, market
    restraints and key industry trends. Furthermore,
    the report provides an in-depth assessment of the
    market competition with company profiles of
    global as well as local vendors.
  • The global IoT in the healthcare market has
    strong competition among the well-established and
    new emerging players. These market players target
    to gain a competitive advantage over the other
    players by participating in partnerships,
    mergers, and acquisitions and expanding their
  • Based on the application, the market is
    classified into telemedicine, clinical
    operations, medication management, connected
    imaging, inpatient monitoring, and others. The
    market for inpatient monitoring is anticipated to
    witness a staggering growth over the forecast

Internet of Things (IoT) in Healthcare Market
Size and Share 2025
  • Component Overview, 2018-2025 (USD Billion)
  • Medical devices
  • Wearable External Devices
  • Implanted Medical Devices
  • Stationary Medical Devices
  • System and software
  • Remote Device Management
  • Network Bandwidth Management
  • Data Analytics
  • Application Security
  • Network Security
  • Services
  • System Integration Services
  • Consulting, Training, and Education
  • Support and Maintenance Services
  • Application Overview, 2018-2025 (USD Billion)
  • Telemedicine
  • Medication Management
  • Clinical Operations

About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
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