The global IoT healthcare market is anticipated to grow at a CAGR of 16.8% during the forecast period. The factors contributing to the growth of the market include the growing adoption of electronic healthcare records. For instance, according to the Journal of Medical Internet Research publications, the average adoption rates of electronic health of sampled hospitals in China increased from 18.6% to 85.3% from 2007 to 2018. Earlier the adoption rates were 6.1% in china that was 1500 hospitals as the country was facing major challenges of hospital digitalization.
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Furthermore, the rising collaborations and partnerships among IT companies also drive the growth of the global IoT healthcare industry. For instance, in March 2018, Samsung and Royal Philips announced a strategic partnership in order to connect Samsung ARTIK smart IOT platform to Philips Health Suite Digital platform. This partnership allowed the Samsung ARTIK ecosystem to safely access and share information with Philips’s cloud platform. This collaboration enable the healthcare application developers to realizes interoperable connected health solutions with the help of integrated data sets and innovative health suite services.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Component
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Koninklijke Philips N.V., Allscripts Healthcare, LLC, General Electric Co., Siemens AG, Cerner Corp., IBM Corp., and others
Key Questions Addressed by the Report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Penicillin and Streptomycin Acid Market Report Segment
By Component
- Hardware
- Software & Services
By Application
- Patient Monitoring
- Telemedicine
- Connected Imaging
- Others
By End-User
- Hospitals & Clinics
- Clinical Research Organization
- Research Laboratories
- Others (Government organization)
A full report of IoT Healthcare Market is available at: https://www.omrglobal.com/industry-reports/internet-of-things-iot-healthcare-market
IoT Healthcare Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Allscripts Healthcare, LLC
- Armis Inc.
- Bosch Healthcare Solutions GmbH
- Cerner Corp.
- Cisco Systems Inc.
- Capsule Technologies, Inc.
- General Electric Co.
- Google LLC
- Honeywell International Inc.
- IBM Corp.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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