Internet of Things (IoT) in Healthcare

Report Code: IFT195B

Publish Date: May 2022

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The global market for Internet of Things (IoT) in healthcare is estimated to increase from $99.8 billion in 2021 to reach $253.7 billion by 2026, at a compound annual growth rate (CAGR) of 20.5% during the forecast period of 2021-2026.

Report Includes

  • 70 data tables and 25 additional tables
  • An up-to-date review and analysis of the global market for Internet of Things (IoT) in healthcare specific applications
  • Analyses of the global market trends, with historic market revenue (sales data) for 2020 and 2021, estimates for 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
  • Highlights of the market potential for IoT in healthcare, and areas to forecast this market into various segments and sub-segments
  • Evaluation and forecast the global IoT in healthcare market size, projected growth trends, and corresponding market share analysis by component, solution, device type, connectivity, application, end-user vertical, and geographic region
  • Discussion on evolution and various applications of IoT solutions across different healthcare verticals, medical connected devices, and updated information on latest market developments
  • Assessment of viable technology drivers through a holistic review of various healthcare specific applications for new and existing IoT technologies and cloud architecture
  • Discussion of the industry value chain analysis providing a systematic study of the key intermediaries involved, along with a PESTEL analysis for IoT in healthcare
  • In-depth information on increasing investments on R&D activities, key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 implications on the progress of this market
  • Analysis of patents granted for IoT in healthcare devices between 2018 to Mar. 2022 across each major category
  • Descriptive company profiles of the leading global players, including Cisco Systems Inc., IBM Corp., GE Healthcare, Medtronic plc, Koninklijke Philips N.V., and Siemens Healthcare

Report Scope

In this report, the market has been segmented by solution, application, connectivity, end user and region. The report provides an overview of the global IoT in healthcare market and analyzes market trends. Using 2020 as the base year, the report provides estimated market data for the forecast period, from 2021 to 2026. Revenue forecasts for this period are segmented based on solution, application, connectivity, end user and geography. Market values have been estimated based on the total revenue of IoT in healthcare solution providers.

This report covers the market for IoT in healthcare with regards to applications in various end-use industries across different regions. It also focuses on the major trends and challenges affecting the market and the vendor landscape. This report estimates the global market for IoT in healthcare in 2020 and provides projections on the expected market size through 2026.

Report Synopsis

Report Metrics Details
Base year considered 2020
Forecast period considered 2021-2026
Base year market size $79.3 billion
Market size forecast $253.7 billion
Growth rate CAGR of 20.5% from 2021 to 2026
Units considered $ Millions
Segments covered End User, Connectivity, Application, Component
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, U.K., France, Spain, Italy, Finland, Austria, China, India, Japan, Singapore, Malaysia, Australia, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Other RoW Countries
Key Market Drivers
  • Advanced, Precise Result
  • IoT for Elder Care
  • Improving Cloud Infrastructure in Healthcare
  • Increasing Demand for Smart Devices in Healthcare
Companies studied
ABBOTTADHERETECH
AGAMATRIXARMIS INC.
BIOTRONIK SE & CO. KGBOSTON SCIENTIFIC CORP.
CAPSULE TECHNOLOGIES INC.CISCO SYSTEMS INC.
GE HEALTHCAREINTEL CORP.
IRHYTHM TECHNOLOGIESIBM CORP.
JOHNSON & JOHNSON SERVICES INC.KONINKLIJKE PHILIPS N.V.
MEDTRONICOMRON HEALTHCARE INC.
RESIDEO TECHNOLOGIES INC.SAP
STANLEY HEALTHCAREMICROSOFT CORP.
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Internet of Things (IoT) in Healthcare222Free
Chapter- 1: Introduction10Free
Chapter- 2: Summary and Highlights3Free
Chapter- 3: IoT in Healthcare: Market Overview32Free
Chapter- 4: Market Breakdown by Component16Free
Chapter- 5: Market Breakdown by Type of Device34Free
Chapter- 6: Market Breakdown by Application24Free
Chapter- 7: Market Breakdown by Connectivity17Free
Chapter- 8: Market Breakdown by End User13Free
Chapter- 9: Market Breakdown by Region34Free
Chapter- 10: Competitive Landscape2Free
Chapter- 11: Company Profiles37Free
Published - May-2020| Analyst - BCC Publishing| Code - IFT195A

Report Highlights

The global market for IoT in healthcare should grow from $82.3 billion in 2020 to $242.1 billion by 2025 at compound annual growth rate (CAGR) of 24.1% for the period of 2020-2025.

Report Includes

  • 58 data tables and 22 additional tables
  • An overview of the global market for Internet of Things (IoT) in the healthcare industry applications
  • Analyses of the global market trends, with data corresponding to market size for 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) for a five-year forecast period through 2025
  • Discussion of major market trends, opportunities and challenges affecting the global market dynamics
  • Identification of companies that are considered as leaders in their field, as well as technological means these companies are using to exploit their markets and dominate the market in their fields
  • Assessment of viable technology drivers through a holistic review of various healthcare specific applications for new and existing IoT technologies and cloud architecture
  • Market share analysis of key market participants and their competitive landscape
  • Patent review and analysis within the field of IoT applications in healthcare technology
  • Profile description of leading market companies, including Abbott Laboratories, GE Healthcare, Intel Corp., IBM Corp., and Microsoft Corp.

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