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IoT in healthcare market to reach USD 243.782 billion by 2023 according to new research report

IT Market Research

Global Internet of Things in Healthcare Market - Segmented by Component (Hardware, Software, Service), Application (Patient Monitoring, Mobile Health), and Region - Growth, Trends and Forecasts (2018 - 2023)

In 2017, the global Internet of Things in Healthcare Market was worth USD 40.861 billion and is projected to reach a value of USD 243.782 billion by 2023, registering a CAGR of 33.8% during 2018-2023 (the forecast period).The scope of this report is limited to the solutions that are offered by the major market players, which includes providers of software, hardware, and services. The regions considered in the scope of this report include North America, Europe, and various others, with respective country-wise analysis.

Apart from this, the report also discusses communication and network technologies that are used in the market. the study emphasizes on how the emergence of big data and growing adoption of IoT in healthcare is driving the market growth.