Internet Of Things (IoT) in Healthcare Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 187 SKU: IRTNTR71342

Internet of Things (IoT) in Healthcare Market Size 2024-2028 

The Internet Of Things (IoT) in Healthcare Market size is projected to increase by USD 208.26 billion, at a CAGR of 21.39% between 2023 and 2028. The market is intricately woven with the increasing adoption of remote patient monitoring, the burgeoning use of wearables for comprehensive human health tracking, and the transformative enhancement of healthcare management facilitated by IoT-enabled devices. These advancements are revolutionizing the healthcare landscape, offering real-time monitoring and data collection to improve patient outcomes. The integration of IoT-enabled devices in healthcare management systems has led to more efficient and personalized care delivery. As these technologies continue to evolve, they are expected to play a significant role in shaping the future of healthcare.

Moreover, the market growth and forecasting report includes key player's detailed analyses of the competitive landscape of the market and information about 20 market companies, including Aeris Communications Inc., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Furukawa Electric Co. Ltd., General Electric Co., Hewlett Packard Enterprise Co., Honeywell International Inc., Intel Corp., International Business Machines Corp., Koninklijke Philips N.V., Microsoft Corp., Oracle Corp., PTC Inc., Robert Bosch GmbH, SAP SE, Siemens AG, Thales Group, and Wipro Ltd. Additionally, Alphabet Inc. contributes to the healthcare sector's Internet of Things through offerings like the Google Cloud Healthcare Data Engine. 

What will be the Size of the Market During the Forecast Period?

For More Highlights About this Report, Download Free Sample in a Minute 

Market Segmentation

By Type

The market share growth by the medical devices segment will be significant during the forecast period. IoT-enabled medical devices have made remote monitoring in the sector possible and empowered physicians to provide timely and convenient treatment and personalized healthcare. Wearable medical devices are used to monitor, control, and track an individual's vital signs at regular intervals. 

Get a glance at the market contribution of various segments Download the PDF Sample

The medical devices segment was the largest and was valued at USD 30.16 billion in 2018. IoT-enabled wearable medical devices are classified into vital sign monitors, sleep and activity monitors, neuromonitoring devices, ECG monitors, and fetal and obstetric monitoring devices. Diagnostic wearable medical devices are classified based on applications such as sports and fitness and remote monitoring. The rising incidence of chronic disorders, such as cardiovascular diseases (CVDs), diabetes, respiratory disorders, and obesity, as well as the increased demand for monitoring various health parameters of an individual, is expected to contribute significantly to the growth of the market during the forecast period.

By Application

Telemedicine is the delivery of long-distance healthcare with the help of telecommunications technology. A telemedicine service connects users with experts and medical professionals online. The growing adoption of telemedicine facilities with efficient telecommunication infrastructure across different countries is significant. Telemedicine services provided by professionals offer several benefits, including increasing access to care, a reduction in costs and hospital stays, and improved patient engagement and satisfaction with the services they offer. The use of telemedicine services has also helped people to self-diagnose their illnesses. Such self-diagnosing capabilities are proving highly beneficial in rural areas and developing economies, including those in Africa and Asia, primarily due to the lack of trained and skilled professionals to impart services. Such factors are expected to drive the growth of the telemedicine segment of the market during the forecast period.

By Region

For more insights on the market share of various regions Download PDF Sample now!

North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the Internet of Things in the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period.  The US is a major revenue contributor to the Internet of Things in the market. The  IoT in the healthcare market will witness growth in North America owing to high healthcare expenditure and the adoption of advanced technologies, including IoT, in the sector. The US federal government has enacted legislation such as the Affordable Care Act and Health Information Technology for Economic and Clinical Health (HITECH) Act to promote the adoption of electronic medical records (EMRs) in the sector. The US government provides incentives for healthcare providers and facilities to use EMRs, workforce training, and EMR infrastructure improvements. These factors will drive the adoption of IoT devices.

In addition, healthcare providers have increased their spending on remote patient monitoring, thereby increasing the adoption of sensors and wireless devices. The use of wearables to monitor human health and the environment is another reason that drives the  IoT in the healthcare market. IoT wearables help consumers understand their own needs and allow doctors to monitor patients remotely. This technology also allows businesses to track their employee's health and safety, which is especially beneficial for people who work in dangerous environments. Such factors are expected to drive market growth in North America during the forecast period. 

Market Dynamics and Customer Landscape

The market in healthcare is witnessing remarkable growth, driven by the convergence of advanced technologies and the pressing need for innovative healthcare solutions. Wearable medical devices, smart inhalers, and remote patient monitoring systems powered by IoT devices and wearable sensors are transforming patient care, especially for chronic disorders like COPD and genetic disorders. These devices enable continuous monitoring of vital signs and facilitate remote device management, enhancing patient outcomes and reducing hospital visits. The proliferation of IoT devices also streamlines clinical imaging and testing procedures, revolutionizing drug development and research. However, challenges such as application and network security, as well as bandwidth management, require advanced software and system solutions to ensure data integrity and patient privacy. As the healthcare industry embraces digitalization, IoT emerges as a cornerstone technology, driving advancements in medical devices, information processing systems, and data analytics to deliver personalized and efficient healthcare services.

Key Market Driver

Improving healthcare management through IoT-enabled devices and connected devices is notably driving market growth. It helps increase the efficiency of the workforce at healthcare facilities and reduce operational costs. This has a number of staff members and inventories. Using IoT devices and digital healthcare technology is one of the most inexpensive ways to keep track of equipment, drugs, and free resources. Diagnostics and therapeutic tools are enhanced through IoT, ensuring faster drug delivery, safer operations, and better patient care by combining the best safety approaches and the latest technology.

For instance, a smart refrigerator that is used to store drugs and vaccines keeps them from getting damaged during handling, storage, or transfer. The usage of IoT-enabled devices in pharmacies ensures greater efficiency and effectiveness in operations, error-free medical dispensing, and security. These factors, combined with big data analytics, machine learning, and logical methodologies in healthcare information systems, are driving the use of IoT in managing and, thereby, will drive the growth of the market during the forecast period.

Significant Market Trends

Technological advancements in the healthcare sector are an emerging trend shaping market growth. IoT devices are used to capture and communicate data used by advanced technologies like AI and robotics. These technologies need real-time data capture and analysis. Data captured by wearable, ingestible, and embedded sensors, mobility patterns, and device usage allow for tracking patterns of user habits and can be effectively processed and analyzed to reveal critical conditions by using state-of-the-art Artificial Intelligence (AI) and Machine/Deep Learning (ML/DL) based approaches.

Moreover, there is growing interest in cloud, fog, and edge computing emerging for data processing, analysis, correlation, and inference. For data transfer, these technologies exploit the full potential of edge nodes and low-level fog nodes, which require intelligent mapping of computational and resource management tasks across the nodes and prove to meet the stringent requirements of IoMT systems. These factors will drive the growth of the market during the forecast period.

Major Market Restrain

The high cost of implementation of IoT is a significant challenge hindering market growth during the forecast period. The high cost of deployment and implementation of machine-to-machine (M2M) and IoT can act as a growth inhibitor for some organizations, especially SMEs. The duration of implementing IoT is long, and most IT projects come with a lengthy project time frame, right from system planning to retirement. Adapting to changing requirements will be crucial for organizations.

Therefore, such facilities need to focus on developing open, integrated hardware and software platforms and scalable real-time networks. Generally, such facilities use a platform-based approach, which involves a single flexible hardware architecture that supports multiple applications and eliminates hardware complexities. These factors make the adoption of IoT platforms complex and expensive, which will hinder the growth of the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.

Market Customer Landscape

Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Amazon.com Inc - The company offers Internet of Things in the healthcare sector, such as IoMT solutions to accelerate patient outcomes on the AWS Cloud. 

Market analysis and report of qualitative and quantitative market growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2023 for the following segments

  • Type Outlook
    • Medical devices
    • Software and system application
    • Connecting technologies
  • Application Outlook
    • Telemedicine
    • Patient monitoring
    • Clinical operation and workflow management
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil
      • Argentina 
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market in healthcare is witnessing exponential growth driven by the proliferation of smartphones, smart devices, and wearable sensors. Innovations like smart inhalers and connected care solutions revolutionize health data management and disease management, reducing hospital readmissions. Digital health initiatives leverage medical IoT and cybersecurity measures to ensure patient safety and data security. From glucometers to smartwatches, IoT devices monitor vital signs and facilitate remote patient monitoring, particularly for chronic conditions prevalent in the geriatric population.

Additionally, advanced sensors and connectivity technologies enable real-time communication and clinical research, enhancing treatment outcomes and patient experiences. As hospitals and clinics adopt IoT-enabled systems for billing, hospital workflows, and medication management, the healthcare landscape embraces digitalization, enhancing efficiency and patient care quality while advancing clinical operations and drug development. Moreover, the market in healthcare is experiencing exponential growth, driven by the need to address health complications and improve patient outcomes. IoT devices like glucometers, tablets, and headphones are revolutionizing healthcare delivery, providing real-time data for disease diagnosis and emergency alerts.

Furthermore, connectivity technology enables seamless communication between wearable devices such as heartrate cuffs, bands, and trackers, benefiting chronic disease management and patient safety. Advanced software and wireless connections facilitate data mining and information processing, enhancing clinical research and medication compliance. From respiratory disease management to genetic disorder testing, IoT solutions encompass a wide array of medical devices, including implanted and wearable technologies. With applications in telemedicine, clinical imaging, and drug development, IoT transforms healthcare delivery while ensuring security and efficiency in data management and device connectivity.

Market Scope

Report Coverage

Details

Page number

187

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 21.39%

Market Growth 2024-2028

USD 208.26 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

18.67

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Aeris Communications Inc., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Furukawa Electric Co. Ltd., General Electric Co., Hewlett Packard Enterprise Co., Honeywell International Inc., Intel Corp., International Business Machines Corp., Koninklijke Philips N.V., Microsoft Corp., Oracle Corp., PTC Inc., Robert Bosch GmbH, SAP SE, Siemens AG, Thales Group, and Wipro Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download PDF Sample

What are the Key Data Covered in this Market Research Report?

  • CAGR of the market report forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market  between 2023 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of Industry companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Internet of Things market in healthcare sector 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global internet of things market in healthcare sector 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Medical devices - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Medical devices - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Medical devices - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Medical devices - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Medical devices - Year-over-year growth 2023-2028 (%)
    • 6.4 Software and system application - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Software and system application - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Software and system application - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Software and system application - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Software and system application - Year-over-year growth 2023-2028 (%)
    • 6.5 Connecting technologies - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Connecting technologies - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Connecting technologies - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Connecting technologies - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Connecting technologies - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 48: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 50: Chart on Comparison by Application
      • Exhibit 51: Data Table on Comparison by Application
    • 7.3 Telemedicine - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Telemedicine - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Telemedicine - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Telemedicine - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Telemedicine - Year-over-year growth 2023-2028 (%)
    • 7.4 Patient monitoring - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Patient monitoring - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Patient monitoring - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Patient monitoring - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Patient monitoring - Year-over-year growth 2023-2028 (%)
    • 7.5 Clinical operation and workflow management - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Clinical operation and workflow management - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Clinical operation and workflow management - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Clinical operation and workflow management - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Clinical operation and workflow management - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Application
      • Exhibit 68: Market opportunity by Application ($ billion)
      • Exhibit 69: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ billion)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Alphabet Inc.
              • Exhibit 123: Alphabet Inc. - Overview
              • Exhibit 124: Alphabet Inc. - Business segments
              • Exhibit 125: Alphabet Inc. - Key news
              • Exhibit 126: Alphabet Inc. - Key offerings
              • Exhibit 127: Alphabet Inc. - Segment focus
            • 12.4 Amazon.com Inc.
              • Exhibit 128: Amazon.com Inc. - Overview
              • Exhibit 129: Amazon.com Inc. - Business segments
              • Exhibit 130: Amazon.com Inc. - Key news
              • Exhibit 131: Amazon.com Inc. - Key offerings
              • Exhibit 132: Amazon.com Inc. - Segment focus
            • 12.5 AT and T Inc.
              • Exhibit 133: AT and T Inc. - Overview
              • Exhibit 134: AT and T Inc. - Business segments
              • Exhibit 135: AT and T Inc. - Key news
              • Exhibit 136: AT and T Inc. - Key offerings
              • Exhibit 137: AT and T Inc. - Segment focus
            • 12.6 Cisco Systems Inc.
              • Exhibit 138: Cisco Systems Inc. - Overview
              • Exhibit 139: Cisco Systems Inc. - Business segments
              • Exhibit 140: Cisco Systems Inc. - Key news
              • Exhibit 141: Cisco Systems Inc. - Key offerings
              • Exhibit 142: Cisco Systems Inc. - Segment focus
            • 12.7 Furukawa Electric Co. Ltd.
              • Exhibit 143: Furukawa Electric Co. Ltd. - Overview
              • Exhibit 144: Furukawa Electric Co. Ltd. - Product / Service
              • Exhibit 145: Furukawa Electric Co. Ltd. - Key offerings
            • 12.8 General Electric Co.
              • Exhibit 146: General Electric Co. - Overview
              • Exhibit 147: General Electric Co. - Business segments
              • Exhibit 148: General Electric Co. - Key news
              • Exhibit 149: General Electric Co. - Key offerings
              • Exhibit 150: General Electric Co. - Segment focus
            • 12.9 Honeywell International Inc.
              • Exhibit 151: Honeywell International Inc. - Overview
              • Exhibit 152: Honeywell International Inc. - Business segments
              • Exhibit 153: Honeywell International Inc. - Key news
              • Exhibit 154: Honeywell International Inc. - Key offerings
              • Exhibit 155: Honeywell International Inc. - Segment focus
            • 12.10 Intel Corp.
              • Exhibit 156: Intel Corp. - Overview
              • Exhibit 157: Intel Corp. - Business segments
              • Exhibit 158: Intel Corp. - Key news
              • Exhibit 159: Intel Corp. - Key offerings
              • Exhibit 160: Intel Corp. - Segment focus
            • 12.11 International Business Machines Corp.
              • Exhibit 161: International Business Machines Corp. - Overview
              • Exhibit 162: International Business Machines Corp. - Business segments
              • Exhibit 163: International Business Machines Corp. - Key news
              • Exhibit 164: International Business Machines Corp. - Key offerings
              • Exhibit 165: International Business Machines Corp. - Segment focus
            • 12.12 Microsoft Corp.
              • Exhibit 166: Microsoft Corp. - Overview
              • Exhibit 167: Microsoft Corp. - Business segments
              • Exhibit 168: Microsoft Corp. - Key news
              • Exhibit 169: Microsoft Corp. - Key offerings
              • Exhibit 170: Microsoft Corp. - Segment focus
            • 12.13 Oracle Corp.
              • Exhibit 171: Oracle Corp. - Overview
              • Exhibit 172: Oracle Corp. - Business segments
              • Exhibit 173: Oracle Corp. - Key news
              • Exhibit 174: Oracle Corp. - Key offerings
              • Exhibit 175: Oracle Corp. - Segment focus
            • 12.14 Robert Bosch GmbH
              • Exhibit 176: Robert Bosch GmbH - Overview
              • Exhibit 177: Robert Bosch GmbH - Business segments
              • Exhibit 178: Robert Bosch GmbH - Key offerings
              • Exhibit 179: Robert Bosch GmbH - Segment focus
            • 12.15 SAP SE
              • Exhibit 180: SAP SE - Overview
              • Exhibit 181: SAP SE - Business segments
              • Exhibit 182: SAP SE - Key news
              • Exhibit 183: SAP SE - Key offerings
              • Exhibit 184: SAP SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 185: Siemens AG - Overview
              • Exhibit 186: Siemens AG - Business segments
              • Exhibit 187: Siemens AG - Key news
              • Exhibit 188: Siemens AG - Key offerings
              • Exhibit 189: Siemens AG - Segment focus
            • 12.17 Wipro Ltd.
              • Exhibit 190: Wipro Ltd. - Overview
              • Exhibit 191: Wipro Ltd. - Business segments
              • Exhibit 192: Wipro Ltd. - Key news
              • Exhibit 193: Wipro Ltd. - Key offerings
              • Exhibit 194: Wipro Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 195: Inclusions checklist
                • Exhibit 196: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 197: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 198: Research methodology
                • Exhibit 199: Validation techniques employed for market sizing
                • Exhibit 200: Information sources
              • 13.5 List of abbreviations
                • Exhibit 201: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              internet of things market in healthcare market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis