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IoT in Healthcare Market Share

Report ID: GMI2103
Published Date: Sep 2017
Report Format: PDF

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IoT in Healthcare Market Share

Major players operating in the market include:

IBM Corporation
Cisco Systems Inc
General Electric
Microsoft Corporation
Honeywell International Inc
SAP SE
Qualcomm Inc
Medtronic Inc
Stanley Healthcare

Industry participants are focusing on connected sensor technology in order to monitor, diagnose, manage patients as well as treatments in a better way. Moreover, they are offering solutions to analyze sensor data from healthcare facilities for optimizing the operational efficiencies.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of IoT in healthcare was surpassed USD 2 billion in 2016.

The industry share of IoT in healthcare is poised to grow at over 15% CAGR till 2024.

According to the analyst at GMI, adoption of IoT in the healthcare sector could streamline clinical operations and could further help improve patient interaction and enhance the overall efficiency of a healthcare infrastructure.

North America dominates the global market with significant revenue share. This can be credited to presence of large number of advanced infrastructures in the region.

Major players operating in the market include IBM Corporation, Cisco Systems Inc., General Electric, Microsoft Corporation and Honeywell International Inc, SAP SE, Qualcomm Inc., Medtronic Inc. and Stanley Healthcare.