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Internet of Things in Healthcare Market Witness Highest Growth in near future

The Internet of Things (IOT) in healthcare market is expected to cross USD ~320 billion by 2027 at a CAGR of ~25.5%.<br><br>

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Internet of Things in Healthcare Market Witness Highest Growth in near future

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  1. Internet of Things in Healthcare Market Global Industry Survey, Growth, Competitive Landscapeand Forecasts to 2027 CREATED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Internet of Things in Healthcare Market Global Research Report - Forecast till 2027 Market Insights: According to MRFR analysis, the global internet of things (IoT) in healthcare market is expected to register a CAGR of~25.5% from 2021 to 2027 and hold a value of ~USD 320 billion by 2027. The global IoT in healthcare market is driven by several factors, such as increasing adoption of wearables to measure vitals regularly, rising mental and physical health awareness among the young population, growing telemedicine sector, and rising demand for remote monitoring systems. In addition, the emergence of implantable monitoring systems, ingestible sensors, and connected smart contact lenses is also creating new opportunities for the market. These monitoring and tracking systems analyze the vitals and notify the patient of the next drug dose. Moreover, the introduction of smart hospitals across the globe is generating possibilities for the deployment of IoT-based devices. This will enable medical staff to accelerate the processing of patient data, better drug and medicine management, and enhanced mobility and alertness of hospital employees, among others. The industry players are involved in different business approaches such as collaboration with government and private organizations, partnership with technology providers, participation in marketing campaigns and events to establish its footprint inthe global IoT in healthcare market. Additionally, the major players are involved in product promotions, strategic treaties, and joint ventures to strengthen their market positions. For instance, in April 2019, the National Association of Software and Services Companies Center of Excellence-Internet of Things (NASSCOM CoE-IoT) partnered with GE Healthcare (US) to enhance the health tech start-up ecosystem in India. Moreover, in April 2019,Device Authority (US), an IoT identity and access management provider, announced a strategic partnership with Wipro to offer next-generation identity access and security for the Internet of Medical Things (IoMT). www.marketresearchfuture.com

  3. Internet of Things in Healthcare Market Global Research Report - Forecast till 2027 Segmentation Analysis The global IoT in healthcare market has been segmented into component, application, connectivity technology, and end-use. By component, the market has been segregated into medical devices, systems &software, and services. The medical devices are further segmented into wearable external medical devices, implanted medical devices, and stationary medical devices. In addition, systems and software are further categorized into remote device management, network bandwidth management, data analytics, application security, and network security. The services are categorized into support and maintenance services, consulting, and system integration. The medical device segment is expected to hold a considerable share of the market in 2021. Increasing the use of RFID, sensors, and other remote technologies for diagnosing and monitoring will augment the market growth in the assessed period. Based on application, the global IoT in healthcare market has been classified as inpatient monitoring, medication management, telemedicine, clinical operations and workflow management, and connected imaging. Telemedicine held the largest segment share in 2020, owing to the rising demand for monitoring patient’s vitals remotely and offering virtual medical consultation to the individuals who require urgent assistance. On the basisof end-use, the IoT in healthcare market is classified into clinical research organizations, hospitals and clinics, research and diagnostic laboratories, and others. Hospitals & clinics held the largest market share in 2020 due to the digitization of hospitals and the development of smart hospitals for advanced treatment. Get Sample Report: https://www.marketresearchfuture.com/sample_request/10671 www.marketresearchfuture.com

  4. Internet of Things in Healthcare Market Global Research Report - Forecast till 2027 Application & Major Players in this Research: Some of key the players in the market are • Koninklijke Philips N.V. (Netherlands) • Medtronic (US) • Honeywell Life Care Solutions (US) • GE Healthcare (US) • Boston Scientific Corporation (US) • Cisco System Inc. (US) • Microsoft Corporation (US) • SAP SE (Germany) • Proteus Digital Health (US) • QUALCOMM Incorporated (US) • IBM Corporation (US) To Read Full Report @ https://www.marketresearchfuture.com/reports/internet-of-things-in-healthcare-market-10671 www.marketresearchfuture.com

  5. Internet of Things in Healthcare Market Global Research Report - Forecast till 2027 About Us: Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com

  6. MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com

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