IoT Medical Devices Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Global IoT Medical Devices Market is estimated to value over USD 56.6 billion by 2026 end and register a CAGR of over 25% during the forecast period 2019 to 2026.
Factors, for instance,
government initiatives undertaken by both developing and developed nations in
order to promote digital health, the meteoric rise in usage of high-speed
technologies for networking applications and increased market penetration of
tablets, smartphones and other mobile platforms in healthcare service sector
are predicted to steer the global IoT medical devices market growth over the
forecast period.
The Wearable Medical Devices Are Predicted to Dominate the Global
Market
The wearable medical
devices segment is expected to grow at the highest CAGR owing to rising
awareness regarding healthcare, prioritizing preventive care, growing necessity
for prolonged home health patient monitoring due to the increasing ageing
population and presence of persistent diseases are making wearable devices to
be widely used, especially in home care settings.
The blood glucose monitoring devices accounted for the largest IoT
medical devices market share in 2018. Changing lifestyle and the increased
adoption of smartphones have swayed the momentum of the market towards wearable
glucose monitoring devices integrated with IoT technology since device-linked
applications allow transfer of crucial data to physicians for efficient patient
diagnosis.
The assisted living
facilities, home care settings, nursing homes segment is predicted to
proliferate at a high value of CAGR over the forecast period. The high segment
growth rate can be credited to the necessity for prolonged treatment of certain
persistent diseases, long-term care centers, assisted living facilities,
increased priority for preventive and participatory patient care, high costs of
hospital accommodation and the rising number of nursing homes. The increased
preference towards management of self-health has further accelerated the usage
of medical devices enabled by IoT for monitoring patients.
The Asia Pacific
region is projected to augment with the highest growth rate over the forecast
time frame. Asia Pacific nations, India and China in particular, provide
lucrative opportunities for key players in the market due to the rising medical
tourism, increased initiatives by the government for promoting eHealth, growing
patient awareness pertaining to the management of self-health and the growing
insistence for provision of quality healthcare services.
Key market players included in the global IoT medical devices
industry are Medtronic, GE Healthcare, Philips, Siemens, Abbott Laboratories,
Boston Scientific, Honeywell Life Care Solutions, Biotronik, Johnson &
Johnson, Omron, Biotechnology, Alivecor, Agamatrix, Ihealth Lab, Stanley
Healthcare, Welch Allyn.
Request a Sample
Report @ https://www.futurewiseresearch.com/request-sample.aspx?id=3468&page=requestsample
Global IoT Medical Devices Market Segmentation:
By
Product
- Imaging Systems
- Vital Signs Monitoring
Devices
- Implantable Cardiac Devices
- Patient Monitors
- Respiratory Devices
- Infusion Pumps
- Anaesthesia Machines
- Neurological Devices
- Hearing Devices
- Fetal Monitoring devices
- Ventilators
- Other Products
By
Type
- Stationary Medical Devices
- Implantable Medical Devices
- Wearable Medical Devices
- Other IoT Medical Devices
By
Connectivity
- Wi-Fi
- Bluetooth
- ZigBee
- Other Connectivity
Technologies
By
End User
- Hospitals & Clinics
- Nursing homes
- Assisted Living Facilities
- Long-Term Care Centres
- Home Care Settings
- Other End Users
By
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Purchase
a Copy & Ask For Discount: https://www.futurewiseresearch.com/request-sample.aspx?id=3468&page=askfordiscount
FutureWise Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth
Objectives
of the Study:
- To provide with an exhaustive analysis on the
global IoT medical devices market by product, by type, by connectivity, by
end user and by region
- To cater comprehensive information on factors
impacting market growth (drivers, restraints, industry-specific restraints
and opportunities)
- To forecast and evaluate micro-markets and the
overall market
- To predict the market size, in key regions (along
with countries)— North America, Europe, Asia Pacific, Latin America and
Middle East & Africa
- To record, evaluate and analyse competitive
landscape mapping- technological advancements, product launches,
expansions and mergers
We
specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the
forefront of their industry – a position secured for far more than the near
future.
Contact Us:
Company
Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
Comments
Post a Comment