The Internet of Things in Healthcare Market Size was valued at USD 100.41 billion in 2022, and is expected to reach USD 467.51 billion by 2030 and grow at a CAGR of 21.2% over the forecast period 2023-2030.

The Internet of Things (IoT) has revolutionized various industries, and the healthcare sector is no exception. The Internet of Things in Healthcare Market is a rapidly growing field that encompasses the integration of smart devices, sensors, and connectivity solutions to enhance patient care, improve operational efficiency, and enable remote monitoring.

One of the key benefits of IoT in healthcare is its ability to provide real-time data collection and analysis. Connected devices such as wearables, smartwatches, and fitness trackers can continuously monitor vital signs, activity levels, sleep patterns, and other health-related metrics. This data can be transmitted to healthcare professionals in real-time, allowing for early detection of potential health issues or emergencies.

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Moreover, IoT devices can enable remote patient monitoring, particularly beneficial for elderly or chronically ill individuals who require continuous care. By connecting medical devices like blood pressure monitors or glucose meters to a central system via the internet, healthcare providers can remotely track patients' health status and intervene when necessary. This not only improves patient outcomes but also reduces the burden on healthcare facilities and caregivers. With real-time data transmission, healthcare professionals can proactively identify any deviations from normal health patterns and take immediate action. This proactive approach not only saves valuable time but also ensures that patients receive timely and appropriate care, preventing potential complications or emergencies.

KEY MARKET SEGMENTS

By Component

  • Medical Devices
  • Systems and Software
  • Services

By Application

  • Inpatient Monitoring
  • Medication Management
  • Telemedicine
  • Clinical Operations and Workflow Management
  • Connected Imaging

By Connectivity Technology

  • Wi-Fi
  • Bluetooth Low Energy
  • Zigbee
  • Near Field Communication
  • Cellular
  • Satellite

By End Use

  • Clinical Research Organizations
  • Hospitals and Clinics
  • Research and Diagnostic Laboratories

Major Players Listed in the Report are as Follows:

Boston Scientific Corporation, IBM Corporation, Cisco System Inc., GE Healthcare, Honeywell Life Care Solutions, Medtronic, Koninklijke Philips N.V., Proteus Digital Health, Microsoft Corporation, QUALCOMM Incorporated, Resideo Technologies, SAP SE and other players

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