Published by Coherent Market Insights
Posted on October 7, 2021
The Internet of Things (IoT) healthcare is not only about medical devices but also about how patients are taken care of at their comfort. As the world grows increasingly digital, it is becoming increasingly important to think about the devices that patients wear and how their everyday lives are lived in the digital world. Medical professionals are already using the Internet of Things in healthcare to gather and exchange patient data for research and evidence-based practice. But even with all of the technologies and devices available today, it’s the human factor that should always be the core of what is done in healthcare. Internet of Things (IoT) healthcare allows practitioners and patients to track not only temperature and heart rate, but emotions, demographics, stress, and more with the touch of a button. In this new world of digital transformation, healthcare providers are using various healthcare apps to combine data from various devices and platforms, allowing them to make smart and informed decisions for patients in real-time.
Get a Sample Copy of the Report @
https://www.coherentmarketinsights.com/insight/request-sample/968
Key Market Drivers:
The increasing incidence of chronic diseases in the world is the main factor that is expected to augment the growth of the global Internet of Things (IoT) healthcare market. For instance, according to Medscape, in the world, the yearly prevalence of rheumatoid arthritis is around 3 cases per 10,000 individuals and the prevalence rate of rheumatoid arthritis is around 1%. This condition increases with age and peaks between the age 35 years to 50 years. Moreover, increasing product and service launches by key market players are projected to create traction in the global Internet of Things (IoT) healthcare market.
Covid-19 Impact Analysis:
The COVID-19 pandemic had a very serious impact on the global economies along with the healthcare sector. For instance, according to Healthcare Information and Management Systems Society, even though during the peak of the COVID-19 the digital healthcare sector witnessed many challenges, still the need for digital medical care for patients at home has pushed digital health forward. This impacted the growth of the global market positively.
Key Takeaways:
The size of the global Internet of Things (IoT) in the healthcare market is projected to increase from US$ 72.5 billion in 2020 to around US$ 188.2 billion by the year 2025 at a CAGR of around 21.0% during the market forecast period, owing to the increasing prevalence of chronic diseases in the world. For instance, according to Parkinson’s Foundation, over 10 million individuals in the world are dealing with Parkinson’s disease (PD). Incidence of this neurodegenerative disorder increases with age, however, an expected 4% of individuals with PD are diagnosed before they turn 50. Males are 1.5 times are more vulnerable to this disease.
North America is expected to hold a major share of the global Internet of Things (IoT) in the healthcare market, owing to the increasing prevalence of chronic diseases in the region. For instance, according to the Centers for Disease Control and Prevention, an expected 22.7%, which is around 54.4 million of adults in the United States suffer from chronic arthritis, with higher prevalence in women than in men. The prevalence of arthritis increases with age. Moreover, increasing investments in digital healthcare are expected to fuel the growth of the market.
The Asia Pacific is expected to witness significant growth in the global Internet of Things (IoT) in the healthcare market, owing to the increasing investment in the healthcare sector, in developing nations. For instance, according to India Brand Equity Foundation, the Government of India is projected to increase the spending on public health to around 2.5% of the country’s GDP by the year 2025. Moreover, the increasing incidence of chronic diseases in the region is expected to drive the growth of the market.
Ask for PDF sample copy of this report @
https://www.coherentmarketinsights.com/insight/request-pdf/968
The major players covered in Internet of Things (IOT) Healthcare Market:
Medtronic Plc, Royal Philips, Cisco Systems Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life, Inc., Honeywell Life Care Solutions, and Stanley Healthcare.
Reasons to purchase this research report:
• Extensive analysis on key trends and opportunities on the industries ongoing trends in different regions across the globe
• All-inclusive assessment on recent technological advancements and forecast of the upcoming decade
• A comparative analysis of leading players and emerging players in the market
• Reliable information on new product launches, organic and inorganic strategies, and more
• Valuable insights on the impact of regulatory framework on the market
Buy This Complete A Business Report With Flat $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/968
Key Questions Answered in the report include
What benefits does the CMI research study is going to provide?
• Latest industry influencing trends and development scenario
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments
Get Sample Copy with TOC, Graphs & List of Figures @
https://www.coherentmarketinsights.com/insight/request-sample/968
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Internet of Things (IOT) Healthcare Market 2021 Size, Business Growth, and Forecast 2028 | Medtronic, Royal Philips, Cisco Systems, IBM Corporation, GE Healthcare appeared first on Gatorledger.
The Internet of Things (IoT) healthcare is not only about medical devices but also about how patients are taken care of at their comfort. As the world grows increasingly digital, it is becoming increasingly important to think about the devices that patients wear and how their everyday lives are lived in the digital world. Medical professionals are already using the Internet of Things in healthcare to gather and exchange patient data for research and evidence-based practice. But even with all of the technologies and devices available today, it’s the human factor that should always be the core of what is done in healthcare. Internet of Things (IoT) healthcare allows practitioners and patients to track not only temperature and heart rate, but emotions, demographics, stress, and more with the touch of a button. In this new world of digital transformation, healthcare providers are using various healthcare apps to combine data from various devices and platforms, allowing them to make smart and informed decisions for patients in real-time.
Get a Sample Copy of the Report @
https://www.coherentmarketinsights.com/insight/request-sample/968
Key Market Drivers:
The increasing incidence of chronic diseases in the world is the main factor that is expected to augment the growth of the global Internet of Things (IoT) healthcare market. For instance, according to Medscape, in the world, the yearly prevalence of rheumatoid arthritis is around 3 cases per 10,000 individuals and the prevalence rate of rheumatoid arthritis is around 1%. This condition increases with age and peaks between the age 35 years to 50 years. Moreover, increasing product and service launches by key market players are projected to create traction in the global Internet of Things (IoT) healthcare market.
Covid-19 Impact Analysis:
The COVID-19 pandemic had a very serious impact on the global economies along with the healthcare sector. For instance, according to Healthcare Information and Management Systems Society, even though during the peak of the COVID-19 the digital healthcare sector witnessed many challenges, still the need for digital medical care for patients at home has pushed digital health forward. This impacted the growth of the global market positively.
Key Takeaways:
The size of the global Internet of Things (IoT) in the healthcare market is projected to increase from US$ 72.5 billion in 2020 to around US$ 188.2 billion by the year 2025 at a CAGR of around 21.0% during the market forecast period, owing to the increasing prevalence of chronic diseases in the world. For instance, according to Parkinson’s Foundation, over 10 million individuals in the world are dealing with Parkinson’s disease (PD). Incidence of this neurodegenerative disorder increases with age, however, an expected 4% of individuals with PD are diagnosed before they turn 50. Males are 1.5 times are more vulnerable to this disease.
North America is expected to hold a major share of the global Internet of Things (IoT) in the healthcare market, owing to the increasing prevalence of chronic diseases in the region. For instance, according to the Centers for Disease Control and Prevention, an expected 22.7%, which is around 54.4 million of adults in the United States suffer from chronic arthritis, with higher prevalence in women than in men. The prevalence of arthritis increases with age. Moreover, increasing investments in digital healthcare are expected to fuel the growth of the market.
The Asia Pacific is expected to witness significant growth in the global Internet of Things (IoT) in the healthcare market, owing to the increasing investment in the healthcare sector, in developing nations. For instance, according to India Brand Equity Foundation, the Government of India is projected to increase the spending on public health to around 2.5% of the country’s GDP by the year 2025. Moreover, the increasing incidence of chronic diseases in the region is expected to drive the growth of the market.
Ask for PDF sample copy of this report @
https://www.coherentmarketinsights.com/insight/request-pdf/968
The major players covered in Internet of Things (IOT) Healthcare Market:
Medtronic Plc, Royal Philips, Cisco Systems Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life, Inc., Honeywell Life Care Solutions, and Stanley Healthcare.
Reasons to purchase this research report:
• Extensive analysis on key trends and opportunities on the industries ongoing trends in different regions across the globe
• All-inclusive assessment on recent technological advancements and forecast of the upcoming decade
• A comparative analysis of leading players and emerging players in the market
• Reliable information on new product launches, organic and inorganic strategies, and more
• Valuable insights on the impact of regulatory framework on the market
Buy This Complete A Business Report With Flat $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/968
Key Questions Answered in the report include
What benefits does the CMI research study is going to provide?
• Latest industry influencing trends and development scenario
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments
Get Sample Copy with TOC, Graphs & List of Figures @
https://www.coherentmarketinsights.com/insight/request-sample/968
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Internet of Things (IOT) Healthcare Market 2021 Size, Business Growth, and Forecast 2028 | Medtronic, Royal Philips, Cisco Systems, IBM Corporation, GE Healthcare appeared first on Gatorledger.
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