Internet of Things (IoT) is a software-embedded technology that can capture and share data through software, sensors, actuators, electronics and network connectivity. IoT provides the patient with higher quality treatment by simplifying the healthcare experience. In addition, remote-connected medical devices such as insulin pumps, cardiac monitoring devices and Continuous Positive Airway Pressure (CPAP) machines provide real-time patient information and remote monitoring of patients via paper-based medical care.
Global IoT in Healthcare Market: Key Players
- Avery Dennison Corporation
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
- CCL Industries Inc.
- 3M Company
- E.I. Du Pont De Nemours and Company
- Zebra Technologies Corporation
- Sicpa Holding SA
- AlpVision SA
- Applied Dna Sciences Inc.
- Uflex Limited
- Authentix Inc.
- Ampacet Corporation
- PharmaSecure Inc.
The increasing focus on active patient engagement and patient-centered care, the increasing need for cost-control measures in the healthcare sector, and the growth of high-speed network technologies for IoT connectivity are key factors driving the growth of the IoT market in healthcare, and the increasing focus on patient-centered service delivery through different channels.
Global IOT in Healthcare Market: Segments
Global IoT in Healthcare Market is segmented by Component into Medical Devices, Systems and Software, Services. The greater market share in 2019 was accounted by the Medical Devices segment and is projected to lead the IoT in Healthcare market in terms of value during the forecast period. The rising need for cost-effective and reliable solutions for providing healthcare services can be due to the large-scale adoption of medical devices.
Global IOT in Healthcare Market: Market Dynamics
Increasing prevalence of chronic diseases
The growth of the IoT healthcare market would be favored by growing internet connectivity and the introduction of government regulatory policies to make the IoT nation on different platforms. For example, the Brazilian government unveiled the Internet of Things: An Action Plan for Brazil’s strategy to boost its economy and growth in four different fields. This involves, and will be applied between 2018 and 2022, housing, agribusiness, smart cities and manufacturing.
High Cost of Technology
In healthcare, old infrastructure is a proven issue. It has been identified that there are different organizations in the healthcare sector that are still burdened with legacy IT infrastructure for healthcare. In the implementation of new technologies, these companies need the right labour to incorporate it.
Global IOT in Healthcare Market: Regions
Global IOT in Healthcare Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global IOT in Healthcare Market in the APAC region held the largest market share of XX.X% in 2018 with emerging economies such as China and India which is likely to grow during the forecast period due to major technological shifts, such as those being heralded by IoT are likely to shape the future of the region. Many Asian countries, such as China, Japan, and India, are leveraging information-intensive IoT technologies, to cater to the increasing healthcare service demand and hence, APAC is expected to show promising opportunities to deploy IoT in healthcare solutions.
Global IoT in Healthcare Market report also contains analysis on:
Global IoT in Healthcare Market:
- Mass Encoding
- Tamper Evidence
- Pharmaceuticals and Healthcare
- Food and Beverage
- Clothing and Apparel
- IOT in Healthcare Market Dynamics
- IOT in Healthcare Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
Table of Content
- Executive Summary
- Global IOT in Healthcare Market
- Research Methodology
- Average Pricing Analysis
- Macro-Economic Indicators
- Market Dynamics
- Correlation & Regression Analysis
- Recent Development, Policies & Regulatory Landscape
- Risk Analysis
- Global IOT in Healthcare Market Analysis
- Global IOT in Healthcare Market
- Global IOT in Healthcare Market: Market Segmentation
- Company Profile
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