IoT in Healthcare Market Size – By Component (Medical Devices, System and Software and Services), By Connectivity Technology (Cellular, Wi-Fi, Bluetooth, LPWANs, Zigbee and RFID), By Application (Remote Patient Monitoring, Telemedicine and Virtual Care, Connected Imaging, Medication Management, Asset and Inventory Management, Smart Inpatient Facilities, Fall Detection and Prevention and Others), By End-use (Hospitals and Clinics, Clinical Research Organizations, Research and Diagnostic Laboratories and Others), & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-11-05
- NO OF PAGES
- 285
- CATEGORY
- Information Communication & Technology
Market Overview
The IoT in Healthcare market report is predicted to develop at a compound annual growth rate (CAGR) of 22.4% from 2024 to 2034, when global IoT in Healthcare market forecast size is projected to reach USD 184.38 Billion in 2034, based on an average growth pattern. The global IoT in Healthcare market revenue is estimated to reach a value of USD 45.75 Billion in 2024.
SOURCE: We Market Research
The global
Internet of Things (IoT) in healthcare market is experiencing robust growth,
driven by the increasing adoption of IoT-enabled solutions across various
healthcare applications. These technologies provide real-time data and advanced
analytics, enabling improved patient monitoring, streamlined operations, and
better-informed decision-making.
The Internet of
Things (IoT) in healthcare refers to a network of connected medical devices,
software applications, and health data systems that communicate and share
information over the internet. This connectivity allows for real-time data
collection, analysis, and action, which can improve healthcare outcomes,
patient monitoring, diagnostics, and overall operational efficiency.
IoT-enabled devices, including pacemakers, infusion pumps, and insulin pens,
can automatically transmit data to healthcare providers for real-time
monitoring and alerts. These devices improve patient safety and can help
providers adjust treatment as necessary. IoT supports telemedicine by enabling
remote patient examinations, diagnostics, and consultations. By integrating IoT
devices, clinicians can monitor and interact with patients in real-time, making
healthcare more accessible, especially in rural or underserved areas.
Global IoT in Healthcare Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 45.75 Billion |
|
Market
Forecast in 2034 |
USD 184.38 Billion |
|
CAGR % 2024-2034 |
22.4% |
|
Base
Year |
2023 |
|
Historic Data |
2019-2023 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Component,
By Connectivity Technology, By Application, By End-use and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Market Dynamics & Restraints
Global IoT in Healthcare Market Opportunity:
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