The Report “Global IOT Healthcare Market By Application, By Service Type, Deployment Mode, Organization Size, Vertical Type, Geography (North America, Asia-Pacific, South America, Europe, Middle East and Africa) By Company Profile, Forecast 2018-2024”.
The global IOT Healthcare market is anticipated to achieve USD 41.22 Billion by 2024 from USD 159.64 Billion in 2017, at a CAGR of 30.82%.
The IOT healthcare market includes calling for reduced cost of patient care and improvement of healthcare outcomes. IOT helps the healthcare organizations to increase the quality of services and it improves the patient services through remote monitoring in real time.
IOT in healthcare system consists of data analytics, network security and to name a few.
In 2017, Telemedicine holds the highest share in the market
Based on application, telemedicine segment holds the highest share in the market. Telemedicine is defined as through telecommunication technology remote diagnostic treatment is done to the patient.
Telemedicine enables the transfer and exchange of medical information via telecommunication to improve and provide information about health status to the patient. Through IOT healthcare system it reduces the number and length of hospital stays which brought great convenience to the patient
Global IOT Healthcare market is predicted to have huge market share
Global IOT healthcare market is expected to have considerable growth in forecast period as the credit to technological advancement in many ways. Furthermore, the availability of customer-friendly devices increases the stringent regulations, and decrease in the price of sensor technology factors that are also expected for the growth of the IOT healthcare market size.
The Asia Pacific to hold the highest share in forecast period
The Asia Pacific to hold the highest share in the market as it has increased in the number of hospitals in this region. The demand for cloud-based solutions is diving the IOT healthcare market in this region.
India, China are expected to have the highest share in the market. The top players in global IOT healthcare market are Medtronic Plc (U.S.), Royal Philips (The Netherlands), Cisco Systems Inc.
(U.S.), IBM Corporation (U.S.), GE Healthcare (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Qualcomm Life, Inc. (U.S.), Honeywell Life Care Solutions (U.S.), and Stanley Healthcare (U.S.), among others.
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Scope of the Report
• Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
• Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
• The Regional and Global Variety is taken care of in the report.
• Year on Year basis generation of revenue is studied.
• Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
• The overview and the sustainability of the market are analyzed through SWOT.
• DROC is recognized in the current market scenario and see how its effect on market dynamics.
• The segment-level analysis in terms of type and technology.
• The value chain analysis, value that's created and captured by a company is the profit margin. Value
• Created and Captured – Cost of Creating that Value = Margin
• An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
• Basis on the depth of the study we approach using analytical tools
• Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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