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IoT in Healthcare Market

Market Insights on IoT in Healthcare covering sales outlook, demand forecast & up-to-date key trends

IoT in Healthcare Market by Component, Application, Technology, End-User & Region - Forecast 2022 - 2032

IoT in Healthcare Market Outlook (2022-2032)

[297 Pages Report] The global IoT in healthcare market is projected to reach US$ 181.4 Billion in 2022, anticipated to grow at a CAGR of 18.0%, reaching US$ 952.3 Billion by 2032. The market is slated to document a Y-o-Y growth rate of 20.7% from 2021-2022, increasing from the previously registered value of US$ 150.3 Billion.

The Internet of Things is a major component in the digital transformation of the healthcare business, and numerous stakeholders are ramping up their efforts in this arena, thus development in IoT healthcare applications is expected to increase.”

Attributes

Details

IoT in Healthcare Market CAGR (2022-2032)

18.0%

IoT in Healthcare Market Size (2022)

US$ 181.4 Billion

IoT in Healthcare Market Size (2032)

US$ 952.3 Billion

The increased use of healthcare information systems, the rise of big data in healthcare, enhanced device accuracy and connection, and the high penetration of connected devices in healthcare are driving the IoT industry. The Internet of Things (IoT) has the potential to transform traditional paper-based healthcare treatment by facilitating real-time patient data access and remote patient monitoring. The introduction of this digital healthcare technology addressed the looming demand for improved diagnostics and focused therapy solutions.

Furthermore, it not only allows physicians to monitor patients remotely, but it also serves as a fitness and wellness tracker for athletes and a dosage reminder for patients. The successful adoption of IoT in remote monitoring of diabetic and asthma patients, combined with the widespread use of fitness and wellness gadgets, has resulted in a significant demand for the IoT healthcare industry.

What is the Potential of the IoT in Healthcare Market?

The COVID-19 pandemic has increased demand for wearable gadgets that measure health and fitness information, location, and can be coupled with devices such as computers and cell phones. Because of the concern of COVID-19, the growing rate of adoption of health and fitness will increase purchases of in-stock wearables for real-time health monitoring, further raising the demand for development in healthcare IoT technology.

Big data analytics is a rapidly growing area in IoT. Big data analytics need incorporates the most current advancements in machine learning, logical methods, computational intelligence, and data mining. Many healthcare professionals, including payers and providers, are increasingly studying big data to get in-depth expertise. Even though these initiatives are still in their early phases, they are expected to contribute to addressing industry-related issues such as inconsistency in healthcare quality and rising healthcare costs.

Improvements in the quality of people's everyday health and living activities, as well as big data analytics to support and encourage such research efforts, are among the drivers driving market expansion, as IoT-based healthcare systems play an important part in the growth of medical information systems. Patient tracking, tracing, and monitoring are critical for improving the healthcare system.

Several governments throughout the world have launched digital health projects. These initiatives range from large investments in infrastructure and digital health promotion to organizing conferences, inviting shareholders and major market participants, restructuring the healthcare system, and implementing regulations mandating the use of HER (electronic health records) using advanced technology.

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Key Challenges Influencing IoT in Healthcare Market Expansion

In healthcare, outdated infrastructure is a well-known concern. It has been demonstrated that numerous firms in the healthcare business are still encumbered by legacy healthcare IT infrastructure.

On the introduction of newer technologies, these companies require the appropriate workforce to apply it. With the increasing use of IoT, a big issue that IoT poses is data security and privacy, which increases the healthcare industry's exposure to cyber-attacks.

IoT in Healthcare Market Report Brochure

Comparative View of IoT in Healthcare Market

IoT in Healthcare Market:

Attributes

IoT in Healthcare Market

CAGR (2022-2032)

18.0%

Market Value (2032)

US$ 952.3 Billion

Growth Factor

The use of IoT in the healthcare business offers several advantages

Opportunity

Reduced expenses are one of the most significant advantages of IoT in healthcare. Non-critical patients will be able to stay at home while different IoT devices monitor and transmit all necessary information to the health institution, resulting in fewer hospital stays and doctor visits.

Key Trends

5G will give the ultra-low latency speeds and mobility that the healthcare industry need for IoT. As a result, AI-powered solutions will make sense of data lakes received from a variety of devices. Such AI algorithms will be used in Big Data methods to assess data in real-time and make vital health choices.

Medication Management in Healthcare Market:

Attributes

Medication Management in Healthcare Market

CAGR (2022-2032)

9.1%

Market Value (2032)

US$ 10 Billion

Growth Factor

During the projected period, the Medication Management System Market is estimated to grow at a CAGR of 9.1%.

Opportunity

The growth of the medication management system market is a rise in hospital spending to improve treatment service quality. According to the International Diabetes Federation, global diabetes treatment spending is predicted to increase from US$ 760 billion to US$ 845 billion between 2019 and 2045.

Key Trends

Clinical Decision Support Systems (CDSS) are healthcare IT systems that are specifically designed to assist healthcare professionals and physicians with clinical decision support. CDS is made up of various tools that aid in clinical workflow decision-making.

Portable Diagnostic Devices in Healthcare Market:

Attributes

Portable Diagnostic Devices in Healthcare Market

CAGR (2022-2032)

7.18%

Market Value (2032)

US$ 140 Billion

Growth Factor

ICT (information and communication technologies) are widely employed in the healthcare business and have resulted in considerable breakthroughs in ICT-based medical equipment. In the foreseeable future, such advances will considerably cut office visits.

Opportunity

The growing need for medical diagnostic devices in rural or developing places where professional and expensive equipment is difficult to get is driving the use of portable diagnostic devices.

Key Trends

Portable diagnostic devices are generally used by healthcare practitioners to perform tests to people suffering from epidemic illnesses such as Hepatitis C.

According to FMI market research, the IoT in healthcare industry is expected to approach US$ 181.4 Billion by 2022. Other major technologies have an influence on this growth estimate. IoT is steadily gaining acceptance and expanding with new ultra-fast 5G mobile wireless, AI, and Big Data. Combining these sophisticated technologies with the Internet of Things will almost certainly transform the healthcare business. IoT in healthcare, for example, utilizing 5G wireless and AI, might totally revolutionize how patients are monitored and treated remotely.

In a nutshell, the Internet of Things (IoT) is a concept based on the concept of complete ubiquitous computing, which is the processing of information related to external activities or things. Ubiquitous computing entails allowing electronic devices equipped with microprocessors and sensors to communicate with one another. Except that all of those electrical gadgets have Internet connectivity, IoT is a pervasive network.

The Internet of Things (IoT) in the healthcare business is an excellent illustration of this pervasive computing. In a hospital, for example, hundreds of intelligent electronic devices can be installed to monitor patients' health condition 24 hours a day, communicate with one another, make choices, and upload data to a healthcare cloud platform.

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Category-Wise Analysis of IoT in Healthcare Market

Which Component is likely to document Highest Growth?

Portable Diagnostic Hardware Devices to Experience Maximum Uptick in Coming Years

According to FMI, portable hardware diagnostic devices are expected to account for maximum sales, driven advancements in technology in portable diagnostic devices. For example, EKO Devices received FDA approval for Eko Duo, which can be used as an effective ECG monitoring tool, in 2017. As per the report, a CAGR of 15.1% has been projected from 2022-2032.

Other factors such as rising chronic condition incidence, rising geriatric population presence of a large target patient population, rising diagnosis rate, rising patient awareness about portable diagnostic devices, and improvements in treatment rates and healthcare infrastructure are also expected to propel market growth.

Who is likely to emerge as the Primary IoT in Healthcare End-User?

Demand across Hospitals to register Maximum Expansion

According to FMI, hospitals will emerge as the primary end users of IoT in healthcare, expected to register a CAGR of 18.2% during the 2022-20322 forecast period. Growth is attributed to the fact that hospitals are the primary point of contact for all major healthcare innovations.

Given the increasing hospitalization rates for numerous chronic and infectious diseases, stakeholders are investing in highly advanced diagnostic, therapeutic and workflow optimizing solutions. These help various departments achieve greater economies of scale, as well as help them improve positive patient outcomes.

IoT in Healthcare Regional Outlook

How do the Various Regions Influence the Growth of the IoT in Healthcare Market?

Ongoing Investments to Beef up Healthcare to drive APAC Market Growth

Asia Pacific is seeing tremendous expansion in the IoT in healthcare market. Because the APAC region contains more than half of the world's population, any big technological shifts, such as those foreshadowed by IoT, are likely to determine the region's future.

Many Asian nations, including China, Japan, and India, are embracing information-intensive IoT technologies to meet rising healthcare service demand, and as a result, APAC is likely to provide significant prospects to use IoT in healthcare solutions.

According to data published by FMI, the aforementioned countries are expected to document CAGRs worth 19.5%, 19.2% and 21.1% respectively. Furthermore, China, Japan and India will likely document market values of US$ 98.2 Billion, US$ 73.1 Billion and US$ 85.7 Billion respectively.

What are the Growth Prospects of the IoT in Healthcare Market in the U.S.?

The healthcare internet of things (IoT) industry in North America led the worldwide market and is expected to continue in this manner over the projected period. This expansion may be attributed to reasons such as the increasing acceptance of healthcare IT solutions, the presence of significant players, and the availability of advanced infrastructure in the United States.

Rising measures to reduce medical costs, resulting in a transition from a fee-for-service to a value-based approach, have also boosted the industry significantly. According to the report, demand for IoT in healthcare solutions in the U.S is poised to surge at an 18.9% CAGR until 2032. An absolute opportunity worth US$ 171.4 Billion is projected for the U.S market, along with a market value of US$ 208.1 Billion in 2032.

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How Competitive is the IoT in Healthcare Market?

The Internet of Things (IoT) in healthcare is somewhat competitive, with numerous prominent competitors. Certain strategic efforts, such as mergers, new product launches, acquisitions, and collaborations, are being implemented by the corporations to assist them increase their market position.

IoT in Healthcare Market Developments

  • Medtronic worked with IBM Watson in January 2019 to provide IQcast, a new feature of its current product Sugar.IQ, for iOS mobile devices in the United States. The software would provide patients with a hypoglycemic episode to monitor their low glucose level by anticipating the occurrence 1 to 4 hours in advance.
  • In April 2019, Royal Philips and Spencer Health Solutions expanded their relationship to provide chronically sick patients in selected European Union (EU) nations with in-home medication adherence and the Philips telehealth platform.

Key Players

  • Apple Inc.
  • Cisco Systems Inc.
  • GE Healthcare Ltd.
  • Google (Alphabet)
  • International Business Machines Corporation
  • Medtronic PLC
  • Microsoft Corporation
  • Proteus Digital Health
  • Koninklijke Philips N.V.
  • QUALCOMM Incorporated
  • Abbot Laboratories

Key Segments Covered in the IoT in Healthcare Industry Report

IoT in Healthcare by Component:

  • IoT in Healthcare Hardware
    • Portable Diagnostic Devices
    • Non-Portable Diagnostic Devices
  • IoT in Healthcare Software
  • IoT in Healthcare Services

IoT in Healthcare by Application:

  • IoT in Healthcare for Telemedicine
  • IoT in Healthcare for Medication Management
  • IoT in Healthcare for Clinical Operations
  • IoT in Healthcare for Patient Monitoring
  • IoT in Healthcare for Connected Imaging
  • Other IoT in Healthcare Applications

IoT in Healthcare by Technology:

  • Bluetooth-based IoT in Healthcare
  • Wi-Fi-based IoT in Healthcare
  • NFC-based IoT in Healthcare
  • Zigbee-based IoT in Healthcare
  • RFID-based IoT in Healthcare
  • Other IoT in Healthcare Technologies (Cellular, Satellite, Zwave, EnOcean)

IoT in Healthcare by End User:

  • IoT in Healthcare across Hospitals
  • IoT in Healthcare across Pharmaceuticals
  • IoT in Healthcare across Clinics & Laboratories

IoT in Healthcare by Region:

  • North America IoT in Healthcare Market
  • Europe IoT in Healthcare Market
  • Asia Pacific IoT in Healthcare Market
  • Middle East and Africa IoT in Healthcare Market
  • South America IoT in Healthcare Market

Frequently Asked Questions

The IoT in healthcare market is expected to grow at a stellar CAGR of 18.0% over the forecast period.

The global market for IoT in Healthcare was valued at US$ 150.1 Billion in 2021.

Hardware IoT in healthcare is expected to showcase a CAGR of 15.1% during the forecast period

India is expected to be the main hub for IoT in healthcare, experiencing a CAGR of 21.1%

The market for IoT in healthcare is expected to grow to nearly US$ 952.3 Billion by 2032

The absolute dollar growth of IoT in healthcare is estimated at US$ 770.9 Billion

Table of Content

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary : Global Internet of Things (IoT) in Healthcare Market

4. Market Overview

    4.1. Introduction

    4.2. Market Dynamics

        4.2.1. Drivers

        4.2.2. Restraints

        4.2.3. Opportunities

    4.3. Key Market Indicator

    4.4. Global IoT in Healthcare Market Analysis and Forecasts, 2015 – 2032

        4.4.1. Market Revenue Projections (US$ Bn)

    4.5. Porter’s Five Force Analysis

    4.6. Value chain Analysis

    4.7. Market Outlook

5. Global Internet of Things (IoT) in Healthcare Market Analysis and Forecasts, By Component

    5.1. Definitions

    5.2. Market Analysis Forecast (US$ Bn), By Component, 2015 – 2032

        5.2.1. Hardware

            5.2.1.1. Portable Diagnostic Devices

                5.2.1.1.1. On-body Wearable

                5.2.1.1.2. Others

            5.2.1.2. Non-Portable Diagnostic Devices

        5.2.2. Software

        5.2.3. Service

    5.3. Component Comparison Matrix

    5.4. Market Attractiveness By Component

6. Global Internet of Things (IoT) in Healthcare Market Analysis and Forecasts, By Application

    6.1. Definitions

    6.2. Market Analysis Forecast (US$ Bn), By Application, 2015 – 2032

        6.2.1. Telemedicine

        6.2.2. Medication Management

        6.2.3. Clinical Operations

        6.2.4. Patient Monitoring

        6.2.5. Connected Imaging

        6.2.6. Others

    6.3. Application Comparison Matrix

    6.4. Market Attractiveness By Application

7. Global Internet of Things (IoT) in Healthcare Market Analysis and Forecasts, By Technology

    7.1. Definitions

    7.2. Market Analysis Forecast (US$ Bn), By Technology, 2015 – 2032

        7.2.1. Bluetooth

        7.2.2. Wi-Fi

        7.2.3. NFC

        7.2.4. Zigbee

        7.2.5. RFID

        7.2.6. Others (Cellular, Satellite, Zwave, EnOcean)

    7.3. Application Comparison Matrix

    7.4. Market Attractiveness By Application

8. Global Internet of Things (IoT) in Healthcare Market Analysis and Forecasts, By End-use

    8.1. Definitions

    8.2. Market Analysis Forecast (US$ Bn), By End-use, 2015 – 2032

        8.2.1. Hospitals

        8.2.2. Pharmaceuticals

        8.2.3. Clinics & Laboratories

    8.3. End-use Comparison Matrix

    8.4. Market Attractiveness By Emd-use

9. Global Internet of Things (IoT) in Healthcare Market Analysis and Forecasts, By Region

    9.1. Key Findings

    9.2. Key Trends

    9.3. Market Analysis Forecast, By Region, 2015 – 2032 (sqm)

        9.3.1. North America

        9.3.2. Europe

        9.3.3. Asia Pacific

        9.3.4. Middle East and Africa

        9.3.5. South America

    9.4. Market Attractiveness By Region

10. North America Internet of Things (IoT) in Healthcare Market Analysis and Forecast

    10.1. Key Findings

    10.2. Market Analysis Forecast (US$ Bn), By Component, 2015 – 2032

        10.2.1. Hardware

            10.2.1.1. Portable Diagnostic Devices

                10.2.1.1.1. On-body Wearable

                10.2.1.1.2. Others

            10.2.1.2. Non-Portable Diagnostic Devices

        10.2.2. Software

        10.2.3. Service

    10.3. Market Analysis Forecast (US$ Bn), By Application, 2015 – 2032

        10.3.1. Telemedicine

        10.3.2. Medication Management

        10.3.3. Clinical Operations

        10.3.4. Patient Monitoring

        10.3.5. Connected Imaging

        10.3.6. Others

    10.4. Market Analysis Forecast (US$ Bn), By Technology, 2015 – 2032 

        10.4.1. Bluetooth

        10.4.2. Wi-Fi

        10.4.3. NFC

        10.4.4. Zigbee

        10.4.5. RFID

        10.4.6. Others (Cellular, Satellite, Zwave, EnOcean)

    10.5. Market Analysis Forecast (US$ Bn), By End-use, 2015 – 2032 

        10.5.1. Hospitals

        10.5.2. Pharmaceuticals

        10.5.3. Clinics & Laboratories

    10.6. Market Analysis Forecast (US$ Bn), By Country, 2015 – 2032

        10.6.1. The U.S.

        10.6.2. Canada 

        10.6.3. Rest of North America

    10.7. Market Attractiveness Analysis 

        10.7.1. By Component

        10.7.2. By Application

        10.7.3. By Technology

        10.7.4. By End-use

        10.7.5. By Country

11. Europe Internet of Things (IoT) in Healthcare Market Analysis and Forecast

    11.1. Key Findings

    11.2. Market Analysis Forecast (US$ Bn), By Component, 2015 – 2032

        11.2.1. Hardware

            11.2.1.1. Portable Diagnostic Devices

                11.2.1.1.1. On-body Wearable

                11.2.1.1.2. Others

            11.2.1.2. Non-Portable Diagnostic Devices

        11.2.2. Software

        11.2.3. Service

    11.3. Market Analysis Forecast (US$ Bn), By Application, 2015 – 2032

        11.3.1. Telemedicine

        11.3.2. Medication Management

        11.3.3. Clinical Operations

        11.3.4. Patient Monitoring

        11.3.5. Connected Imaging

        11.3.6. Others

    11.4. Market Analysis Forecast (US$ Bn), By Technology, 2015 – 2032 

        11.4.1. Bluetooth

        11.4.2. Wi-Fi

        11.4.3. NFC

        11.4.4. Zigbee

        11.4.5. RFID

        11.4.6. Others (Cellular, Satellite, Zwave, EnOcean)

    11.5. Market Analysis Forecast (US$ Bn), By End-use, 2015 – 2032 

        11.5.1. Hospitals

        11.5.2. Pharmaceuticals

        11.5.3. Clinics & Laboratories

    11.6. Market Analysis Forecast (US$ Bn), By Country, 2015 – 2032

        11.6.1. Germany

        11.6.2. France

        11.6.3. UK

        11.6.4. Rest of Europe

    11.7. Market Attractiveness Analysis 

        11.7.1. By Component

        11.7.2. By Application

        11.7.3. By Technology

        11.7.4. By End-use

        11.7.5. By Country

12. Asia-Pacific Internet of Things (IoT) in Healthcare Market Analysis and Forecast

    12.1. Key Findings

    12.2. Market Analysis Forecast (US$ Bn), By Component, 2015 – 2032

        12.2.1. Hardware

            12.2.1.1. Portable Diagnostic Devices

                12.2.1.1.1. On-body Wearable

                12.2.1.1.2. Others

            12.2.1.2. Non-Portable Diagnostic Devices

        12.2.2. Software

        12.2.3. Service

    12.3. Market Analysis Forecast (US$ Bn), By Application, 2015 – 2032

        12.3.1. Telemedicine

        12.3.2. Medication Management

        12.3.3. Clinical Operations

        12.3.4. Patient Monitoring

        12.3.5. Connected Imaging

        12.3.6. Others

    12.4. Market Analysis Forecast (US$ Bn), By Technology, 2015 – 2032 

        12.4.1. Bluetooth

        12.4.2. Wi-Fi

        12.4.3. NFC

        12.4.4. Zigbee

        12.4.5. RFID

        12.4.6. Others (Cellular, Satellite, Zwave, EnOcean)

    12.5. Market Analysis Forecast (US$ Bn), By End-use, 2015 – 2032 

        12.5.1. Hospitals

        12.5.2. Pharmaceuticals

        12.5.3. Clinics & Laboratories

    12.6. Market Analysis Forecast (US$ Bn), By Country, 2015 – 2032

        12.6.1. China

        12.6.2. India

        12.6.3. Japan

        12.6.4. Rest of Asia Pacific

    12.7. Market Attractiveness Analysis 

        12.7.1. By Component

        12.7.2. By Application

        12.7.3. By Technology

        12.7.4. By End-use

        12.7.5. By Country

13. Middle East & Africa (MEA) Internet of Things (IoT) in Healthcare Market Analysis and Forecast

    13.1. Key Findings

    13.2. Market Analysis Forecast (US$ Bn), By Component, 2015 – 2032

        13.2.1. Hardware

            13.2.1.1. Portable Diagnostic Devices

                13.2.1.1.1. On-body Wearable

                13.2.1.1.2. Others

            13.2.1.2. Non-Portable Diagnostic Devices

        13.2.2. Software

        13.2.3. Service

    13.3. Market Analysis Forecast (US$ Bn), By Application, 2015 – 2032

        13.3.1. Telemedicine

        13.3.2. Medication Management

        13.3.3. Clinical Operations

        13.3.4. Patient Monitoring

        13.3.5. Connected Imaging

        13.3.6. Others

    13.4. Market Analysis Forecast (US$ Bn), By Technology, 2015 – 2032 

        13.4.1. Bluetooth

        13.4.2. Wi-Fi

        13.4.3. NFC

        13.4.4. Zigbee

        13.4.5. RFID

        13.4.6. Others (Cellular, Satellite, Zwave, EnOcean)

    13.5. Market Analysis Forecast (US$ Bn), By End-use, 2015 – 2032 

        13.5.1. Hospitals

        13.5.2. Pharmaceuticals

        13.5.3. Clinics & Laboratories

    13.6. Market Analysis Forecast (US$ Bn), By Country, 2015 – 2032

        13.6.1. UAE

        13.6.2. Saudi Arabia

        13.6.3. South Africa

        13.6.4. Rest of Middle East & Africa

    13.7. Market Attractiveness Analysis 

        13.7.1. By Component

        13.7.2. By Application

        13.7.3. By Technology

        13.7.4. By End-use

        13.7.5. By Country

14. South America Internet of Things (IoT) in Healthcare Market Analysis and Forecast

    14.1. Key Findings

    14.2. Market Analysis Forecast (US$ Bn), By Component, 2015 – 2032

        14.2.1. Hardware

            14.2.1.1. Portable Diagnostic Devices

                14.2.1.1.1. On-body Wearable

                14.2.1.1.2. Others

            14.2.1.2. Non-Portable Diagnostic Devices

        14.2.2. Software

        14.2.3. Service

    14.3. Market Analysis Forecast (US$ Bn), By Application, 2015 – 2032

        14.3.1. Telemedicine

        14.3.2. Medication Management

        14.3.3. Clinical Operations

        14.3.4. Patient Monitoring

        14.3.5. Connected Imaging

        14.3.6. Others

    14.4. Market Analysis Forecast (US$ Bn), By Technology, 2015 – 2032 

        14.4.1. Bluetooth

        14.4.2. Wi-Fi

        14.4.3. NFC

        14.4.4. Zigbee

        14.4.5. RFID

        14.4.6. Others (Cellular, Satellite, Zwave, EnOcean)

    14.5. Market Analysis Forecast (US$ Bn), By End-use, 2015 – 2032 

        14.5.1. Hospitals

        14.5.2. Pharmaceuticals

        14.5.3. Clinics & Laboratories

    14.6. Market Analysis Forecast (US$ Bn), By Country, 2015 – 2032

        14.6.1. Brazil

        14.6.2. Rest of South America

    14.7. Market Attractiveness Analysis 

        14.7.1. By Component

        14.7.2. By Application

        14.7.3. By Technology

        14.7.4. By End-use

        14.7.5. By Country

15. Competition Landscape

    15.1. Market Player - Competition Matrix

    15.2. Market Share Analysis By Company (2021)

    15.3. Company Profiles (Details – Overview, Financials, SWOT, Strategy)

        15.3.1. AdhereTech Inc.

            15.3.1.1. Company Overview

            15.3.1.2. Company Description

            15.3.1.3. Financial Overview

            15.3.1.4. SWOT Analysis

            15.3.1.5. Strategy Overview

        15.3.2. Cerner Corporation

            15.3.2.1. Company Overview

            15.3.2.2. Company Description

            15.3.2.3. Financial Overview

            15.3.2.4. SWOT Analysis

            15.3.2.5. Strategy Overview

        15.3.3. Cisco Inc.

            15.3.3.1. Company Overview

            15.3.3.2. Company Description

            15.3.3.3. Financial Overview

            15.3.3.4. SWOT Analysis

            15.3.3.5. Strategy Overview

        15.3.4. Ericsson AB

            15.3.4.1. Company Overview

            15.3.4.2. Company Description

            15.3.4.3. Financial Overview

            15.3.4.4. SWOT Analysis

            15.3.4.5. Strategy Overview

        15.3.5. General Electric Company (GE Healthcare)

            15.3.5.1. Company Overview

            15.3.5.2. Company Description

            15.3.5.3. Financial Overview

            15.3.5.4. SWOT Analysis

            15.3.5.5. Strategy Overview

        15.3.6. Honeywell International Inc.

            15.3.6.1. Company Overview

            15.3.6.2. Company Description

            15.3.6.3. Financial Overview

            15.3.6.4. SWOT Analysis

            15.3.6.5. Strategy Overview

        15.3.7. IBM Corporation

            15.3.7.1. Company Overview

            15.3.7.2. Company Description

            15.3.7.3. Financial Overview

            15.3.7.4. SWOT Analysis

            15.3.7.5. Strategy Overview

        15.3.8. Koninklijke Philips N.V.

            15.3.8.1. Company Overview

            15.3.8.2. Company Description

            15.3.8.3. Financial Overview

            15.3.8.4. SWOT Analysis

            15.3.8.5. Strategy Overview

        15.3.9. Medtronic Inc.

            15.3.9.1. Company Overview

            15.3.9.2. Company Description

            15.3.9.3. Financial Overview

            15.3.9.4. SWOT Analysis

            15.3.9.5. Strategy Overview

        15.3.10. Microsoft corporation

            15.3.10.1. Company Overview

            15.3.10.2. Company Description

            15.3.10.3. Financial Overview

            15.3.10.4. SWOT Analysis

            15.3.10.5. Strategy Overview

        15.3.11. NXP Semiconductors

            15.3.11.1. Company Overview

            15.3.11.2. Company Description

            15.3.11.3. Financial Overview

            15.3.11.4. SWOT Analysis

            15.3.11.5. Strategy Overview

        15.3.12. Qualcomm Technologies, Inc.

            15.3.12.1. Company Overview

            15.3.12.2. Company Description

            15.3.12.3. Financial Overview

            15.3.12.4. SWOT Analysis

            15.3.12.5. Strategy Overview

        15.3.13. SAP SE

            15.3.13.1. Company Overview

            15.3.13.2. Company Description

            15.3.13.3. Financial Overview

            15.3.13.4. SWOT Analysis

            15.3.13.5. Strategy Overview

        15.3.14. STANLEY Healthcare

            15.3.14.1. Company Overview

            15.3.14.2. Company Description

            15.3.14.3. Financial Overview

            15.3.14.4. SWOT Analysis

            15.3.14.5. Strategy Overview

        15.3.15. Zebra Technologies

            15.3.15.1. Company Overview

            15.3.15.2. Company Description

            15.3.15.3. Financial Overview

            15.3.15.4. SWOT Analysis

            15.3.15.5. Strategy Overview

16. Key Takeaways

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List of Tables

Table 1: Global Internet of Things (IoT) in Healthcare Market Size Forecast, By Component, 2015 – 2032 (US$ Bn)

Table 2: Global Internet of Things (IoT) in Healthcare Market Size Forecast, By Hardware, 2015 – 2032 (US$ Bn)

Table 3: Global Internet of Things (IoT) in Healthcare Market Size Forecast, By Portable Diagnostic Devices, 2015 – 2032 (Bn)

Table 4: Global Internet of Things (IoT) in Healthcare Market Size Forecast, By Application, 2015 – 2032 (US$ Bn)

Table 5: Global Internet of Things (IoT) in Healthcare Market Size Forecast, By End-use, 2015 – 2032 (US$ Bn)

Table 6: Global Internet of Things (IoT) in Healthcare Market Size Forecast, By Technology, 2015 – 2032 (US$ Bn)

Table 7: Global Internet of Things (IoT) in Healthcare Market Revenue Forecast, By Region, 2015 – 2032 (US$ Bn)

Table 8: North America Internet of Things (IoT) in Healthcare Market Size Forecast, By Component, 2015 – 2032 (US$ Bn)

Table 9: North America Internet of Things (IoT) in Healthcare Market Size Forecast, By Hardware, 2015 – 2032 (US$ Bn)

Table 10: North America Internet of Things (IoT) in Healthcare Market Size Forecast, By Portable Diagnostic Devices, 2015 – 2032 

(US$ Bn)

Table 11: North America Internet of Things (IoT) in Healthcare Market Size Forecast, By Application, 2015 – 2032 (US$ Bn)

Table 12: North America Internet of Things (IoT) in Healthcare Market Size Forecast, By End-use, 2015 – 2032 (US$ Bn)

Table 13: North America Internet of Things (IoT) in Healthcare Market Size Forecast, By Technology, 2015 – 2032 (US$ Bn)

Table 14: North America Internet of Things (IoT) in Healthcare Market Revenue Forecast, By Country, 2015 – 2032 (US$ Bn)

Table 15: Europe Internet of Things (IoT) in Healthcare Market Size Forecast, By Component, 2015 – 2032 (US$ Bn)

Table 16: Europe Internet of Things (IoT) in Healthcare Market Size Forecast, By Hardware, 2015 – 2032 (US$ Bn)

Table 17: Europe Internet of Things (IoT) in Healthcare Market Size Forecast, By Portable Diagnostic Devices, 2015 – 2032 (US$ Bn)

Table 18: Europe Internet of Things (IoT) in Healthcare Market Size Forecast, By Application, 2015 – 2032 (US$ Bn)

Table 19: Europe Internet of Things (IoT) in Healthcare Market Size Forecast, By End-use, 2015 – 2032 (US$ Bn)

Table 20: Europe Internet of Things (IoT) in Healthcare Market Size Forecast, By Technology, 2015 – 2032 (US$ Bn)

Table 21: Europe Internet of Things (IoT) in Healthcare Market Revenue Forecast, By Country, 2015 – 2032 (US$ Bn)

Table 22: Asia Pacific Internet of Things (IoT) in Healthcare Market Size Forecast, By Component, 2015 – 2032 (US$ Bn)

Table 23: Asia Pacific Internet of Things (IoT) in Healthcare Market Size Forecast, By Hardware, 2015 – 2032 (US$ Bn)

Table 24: Asia Pacific Internet of Things (IoT) in Healthcare Market Size Forecast, By Portable Diagnostic Devices, 2015 – 2032 

(US$ Bn)

Table 25: Asia Pacific Internet of Things (IoT) in Healthcare Market Size Forecast, By Application, 2015 – 2032 (US$ Bn)

Table 26: Asia Pacific Internet of Things (IoT) in Healthcare Market Size Forecast, By End-use, 2015 – 2032 (US$ Bn)

Table 27: Asia Pacific Internet of Things (IoT) in Healthcare Market Size Forecast, By Technology, 2015 – 2032 (US$ Bn)

Table 28: Asia Pacific Internet of Things (IoT) in Healthcare Market Revenue Forecast, By Country, 2015 – 2032 (US$ Bn)

Table 29: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size Forecast, By Component, 2015 – 2032 (US$ Bn)

Table 30: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size Forecast, By Hardware, 2015 – 2032 (US$ Bn)

Table 31: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size Forecast, By Portable Diagnostic Devices, 

2015–2032 (US$ Bn)

Table 32: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size Forecast, By Application, 2015 – 2032 (US$ Bn)

Table 33: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size Forecast, By End-use, 2015 – 2032 (US$ Bn)

Table 34: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size Forecast, By Technology, 2015 – 2032 (US$ Bn)

Table 35: Middle East & Africa Internet of Things (IoT) in Healthcare Market Revenue Forecast, By Country, 2015 – 2032 (US$ Bn)

Table 36: South America Internet of Things (IoT) in Healthcare Market Size Forecast, By Component, 2015 – 2032 (US$ Bn)

Table 37: South America Internet of Things (IoT) in Healthcare Market Size Forecast, By Hardware, 2015 – 2032 (US$ Bn)

Table 38: South America Internet of Things (IoT) in Healthcare Market Size Forecast, By Portable Diagnostic Devices, 2015–2032 

(US$ Bn)

Table 39: South America Internet of Things (IoT) in Healthcare Market Size Forecast, By Application, 2015 – 2032 (US$ Bn)

Table 40: South America Internet of Things (IoT) in Healthcare Market Size Forecast, By End-use, 2015 – 2032 (US$ Bn)

Table 41: South America Internet of Things (IoT) in Healthcare Market Size Forecast, By Technology, 2015 – 2032 (US$ Bn)

Table 42: South America Internet of Things (IoT) in Healthcare Market Revenue Forecast, By Country, 2015 – 2032 (US$ Bn)

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List of Charts

Figure 1: Global Internet of Things (IoT) in Healthcare Market

Figure 2: Global Internet of Things (IoT) in Healthcare Market Revenue Share, by Region, 2021

Figure 3: Key Market Indicator 

Figure 4: Global Internet of Things (IoT) in Healthcare Market Revenue Forecast, 2015 –2032 (US$ Bn) 

Figure 5: Global Internet of Things (IoT) in Healthcare Market Y-o-Y Growth (%), 2015 –2032

Figure 6: Porter Five Forces Analysis

Figure 7: Value Chain Analysis

Figure 8: Market Revenue Share By Component (2021)

Figure 9: Market Revenue Share By Region (2021)

Figure 10: Market Revenue Share By Application (2021)

Figure 11: Market Revenue Share By Technology (2021)

Figure 12: Global Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Component, 2022 and 2032

Figure 13: Internet of Things (IoT) in Healthcare Market Analysis, By Component, Hardware

Figure 14: Internet of Things (IoT) in Healthcare Market Analysis, By Component, Software

Figure 15: Internet of Things (IoT) in Healthcare Market Analysis, By Component, Service

Figure 16: Internet of Things (IoT) in Healthcare Market Comparison Matrix, By Component

Figure 17: Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Component

Figure 18: Global Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Application, 2022 and 2032

Figure 19: Internet of Things (IoT) in Healthcare Market Analysis, By Application, Telemedicine

Figure 20: Internet of Things (IoT) in Healthcare Market Analysis, By Application, Medication Management

Figure 21: Internet of Things (IoT) in Healthcare Market Analysis, By Application, Clinical Operations

Figure 22: Internet of Things (IoT) in Healthcare Market Analysis, By Application, Patient Monitoring

Figure 23: Internet of Things (IoT) in Healthcare Market Analysis, By Application, Connected Imaging

Figure 24: Internet of Things (IoT) in Healthcare Market Analysis, By Application, Others

Figure 25: Internet of Things (IoT) in Healthcare Market Comparison Matrix, By Application

Figure 26: Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Application

Figure 27: Global Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Technology, 2022 and 2032

Figure 28: Internet of Things (IoT) in Healthcare Market Analysis, By Technology, Bluetooth

Figure 29: Internet of Things (IoT) in Healthcare Market Analysis, By Technology, Wi-Fi

Figure 30: Internet of Things (IoT) in Healthcare Market Analysis, By Technology, NFC

Figure 31: Internet of Things (IoT) in Healthcare Market Analysis, By Technology, Zigbee

Figure 32: Internet of Things (IoT) in Healthcare Market Analysis, By Technology, RFID

Figure 33: Internet of Things (IoT) in Healthcare Market Analysis, By Technology, Others (Cellular, Satellite, Zwave, EnOcean)

Figure 34: Internet of Things (IoT) in Healthcare Market Comparison Matrix, By Technology

Figure 35: Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Technology

Figure 36: Global Internet of Things (IoT) in Healthcare Market Value Share Analysis, By End-use, 2022 and 2032

Figure 37: Internet of Things (IoT) in Healthcare Market Analysis, By End-use, Hospitals

Figure 38: Internet of Things (IoT) in Healthcare Market Analysis, By End-use, Pharmaceuticals

Figure 39: Internet of Things (IoT) in Healthcare Market Analysis, By End-use, Clinics & Laboratories

Figure 40: Internet of Things (IoT) in Healthcare Market Comparison Matrix, By End-use

Figure 41: Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By End-use

Figure 42: Internet of Things (IoT) in Healthcare Market Analysis, By Region, North America

Figure 43: Internet of Things (IoT) in Healthcare Market Analysis, By Region, Europe

Figure 44: Internet of Things (IoT) in Healthcare Market Analysis, By Region, Asia Pacific

Figure 45: Internet of Things (IoT) in Healthcare Market Analysis, By Region, Middle East and Africa

Figure 46: Internet of Things (IoT) in Healthcare Market Analysis, By Region, South America

Figure 47: Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Region

Figure 48: North America Internet of Things (IoT) in Healthcare Market Size (US$ Bn) and Y-o-Y Growth (%) Forecast, 2015–2032

Figure 49: North America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Component, 2022 and 2032

Figure 50: North America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Application, 2022 and 2032

Figure 51: North America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Technology, 2022 and 2032

Figure 52: North America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By End-use, 2022 and 2032

Figure 53: North America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Country, 2022 and 2032

Figure 54: North America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Component

Figure 55: North America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Application

Figure 56: North America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Technology

Figure 57: North America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By End-use

Figure 58: North America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Country

Figure 59: Europe Internet of Things (IoT) in Healthcare Market Size (US$ Bn) and Y-o-Y Growth (%) Forecast, 2015–2032

Figure 60: Europe Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Component, 2022 and 2032

Figure 61: Europe Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Application, 2022 and 2032

Figure 62: Europe Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Technology, 2022 and 2032

Figure 63: Europe Internet of Things (IoT) in Healthcare Market Value Share Analysis, By End-use, 2022 and 2032

Figure 64: Europe Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Country, 2022 and 2032

Figure 65: Europe Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Component

Figure 66: Europe Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Application

Figure 67: Europe Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Technology

Figure 68: Europe Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By End-use

Figure 69: Europe Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Country

Figure 70: Asia Pacific Internet of Things (IoT) in Healthcare Market Size (US$ Bn) and Y-o-Y Growth (%) Forecast, 2015–2032

Figure 71: Asia Pacific Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Component, 2022 and 2032

Figure 72: Asia Pacific Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Application, 2022 and 2032

Figure 73: Asia Pacific Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Technology, 2022 and 2032

Figure 74: Asia Pacific Internet of Things (IoT) in Healthcare Market Value Share Analysis, By End-use, 2022 and 2032

Figure 75: Asia Pacific Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Country, 2022 and 2032

Figure 76: Asia Pacific Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Component

Figure 77: Asia Pacific Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Application

Figure 78: Asia Pacific Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Technology

Figure 79: Asia Pacific Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By End-use

Figure 80: Asia Pacific Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Country

Figure 81: Middle East & Africa Internet of Things (IoT) in Healthcare Market Size (US$ Bn) and Y-o-Y Growth (%) Forecast, 2015–2032

Figure 82: Middle East & Africa Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Component, 2022 and 2032

Figure 83: Middle East & Africa Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Application, 2022 and 2032

Figure 84: Middle East & Africa Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Technology, 2022 and 2032

Figure 85: Middle East & Africa Internet of Things (IoT) in Healthcare Market Value Share Analysis, By End-use, 2022 and 2032

Figure 86: Middle East & Africa Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Country, 2022 and 2032

Figure 87: Middle East & Africa Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Component

Figure 88: Middle East & Africa Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Application

Figure 89: Middle East & Africa Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Technology

Figure 90: Middle East & Africa Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By End-use

Figure 91: Middle East & Africa Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Country

Figure 92: South America Internet of Things (IoT) in Healthcare Market Size (US$ Bn) and Y-o-Y Growth (%) Forecast, 2015–2032

Figure 93: South America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Component, 2022 and 2032

Figure 94: South America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Application, 2022 and 2032

Figure 95: South America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Technology, 2022 and 2032

Figure 96: South America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By End-use, 2022 and 2032

Figure 97: South America Internet of Things (IoT) in Healthcare Market Value Share Analysis, By Country, 2022 and 2032

Figure 98: South America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Component

Figure 99: South America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Application

Figure 100: South America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Technology

Figure 101: South America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By End-use

Figure 102: South America Internet of Things (IoT) in Healthcare Market Attractiveness Analysis, By Country

Figure 103: Market Share Analysis (2021)

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IoT in Healthcare Market