IoT in Healthcare Market to Witness Robust Growth by 2028

Stratview Research delivers key insights on the global IoT in Healthcare Market. According to Stratview Research, the market is segmented by Component (System and Software, Device, Service), By Application (Patient Monitoring, Clinical Operation and Workflow Optimization, Clinical Imaging, Fitness and Wellness Measurement, Drug Development), By End user (Healthcare Providers, Patients, Healthcare Payers, Research Laboratories (Biotech/Pharma), Government Authority), and Region
Market Insights
The report suggests that the overall IoT in Healthcare Market was estimated to grow from USD 106.17 billion in 2022 to USD 329.68 billion by 2028 at a CAGR of around 20.78% during the forecast period.
Market Segments' Analysis
Application Trends
The market has been bifurcated into disposable IoT in Patient Monitoring, Clinical Operation and Workflow Optimization, Clinical Imaging, Fitness and Wellness Measurement, and Drug Development. The Patient Monitoring segment accounted for the largest market share in 2022.
Regional Analysis
The market is expected to be dominated by Asia Pacific. The APAC region is experiencing rapid growth in the market. Because the APAC region contains more than half of the world's population, any major technological shifts, such as those heralded by IoT, are likely to shape the region's future.
Key Players
The following are some of the key players in the iot in healthcare market:
• GE Healthcare (US)
• HQSoftware (Estonia)
• Huawei (China)
• IBM Corporation (US)
• Intel (US).
FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for iot in healthcare market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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