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Dublin, June 6, 2016, Business Wire: Research and Markets has announced the addition of the “Global Internet of Things (IoT) Healthcare Market Size, Share, Development, Growth and Demand Forecast to 2020” report to their offering.
The global IoT in healthcare market accounted for revenue of $24,666.7 million in 2014, and it is expected to grow with a CAGR of 37.6% during 2015 – 2020.
The IoT applications in healthcare, such as telemedicine, medication management, clinical operations and workflow management, inpatient monitoring, helps in compiling services related to diagnosis, treatment, care, and rehabilitation. They improve communication between patients and healthcare providers, in order to reduce medication errors, and provide better coordinated care.
In addition, the growing need for remote patient monitoring services, increasing demand of mHealth technologies, and increasing support from government organizations are also driving the growth of the global IoT in healthcare market. The growing geriatric population and lack of primary healthcare facilities in remote areas of developing nations are increasing the demand of remote patient monitoring services and development of hospitals.
The restraints associated with the growth of the global IoT in healthcare market include lack of security; insufficient memory, computational and energy limitations; and inadequate healthcare infrastructure in developing economies. The increasing number of collaboration and partnerships, and growing number of product launches are the major trends observed in the global IoT in healthcare market.
Geographically, North America is expected to maintain its dominance in the global market. This is due to the improved healthcare infrastructure, increased healthcare spends, growing geriatric population, and growing prevalence of chronic and lifestyle associated diseases. In addition, the increasing use of mHealth apps, and growing awareness about innovative and advanced applications of medical sensors are also supporting the growth of IoT in healthcare market in North America.
Companies Mentioned
Adheretech, Inc.
Cerner Corporation
Cisco Systems Inc.
Diabetizer Ltd. & Co. Kg
General Electric Company
Honeywell Life Care Solutions
International Business Machine (Ibm) Corporation
Koninklijke Philips N.V.
Medtronic Plc.
Microsoft Corporation
Physiq, Inc.
ProteUs Digital Health Inc.
Qualcomm Incorporated
SAP SE
Stanley Black & Decker, Inc.
Key Topics Covered
1. Research Scope and Methodology
2. Executive Summary
3. Market Outlook
4. Regulatory Standards for Healthcare Iot & Alliances
5. Global Iot Healthcare Market Size and Forecast (2011 – 2020)
6. Global Iot Healthcare Market, by Component
7. Global Iot Healthcare Market, by Connectivity Technology
8. Global Iot Healthcare Market, by End User
9. Global Iot Healthcare Market, by Application
10. Global Iot Healthcare Market, by Geography
11. Porter’s Five Forces of Competitive Position Analysis
12. Company Profiles and Strategic Developments
For more information visit http://www.researchandmarkets.com/research/v6tvnz/global_internet