The IoT Healthcare Market is expected to grow at the CAGR of 16.2% during 2018-2023. A significant growth has been observed in IoT healthcare devices as they make lives a little healthier and a little happier each step of the way. In 2016, over 95% of hospitals were eligible for the Medicare and Medicaid EHR incentive program that have achieved meaningful use of certified health IT. In 2017, most of the IoT initiatives in healthcare were to improve remote monitoring, EHR and tele-monitoring. Large adoption of electronic health records has been the major factor driving the market growth. Additionally, rising investments from major healthcare IT companies and increasing healthcare spending acts as some major motivators for the market. Moreover, rising geriatric population creates demand for remote monitoring and EHR applications.

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High costs of IoT healthcare along with lack of skilled professionals towards this technology act as major restraints for the market growth. The reason behind the high cost is the requirement of the installation of software, hardware, training fees, networking infrastructure, &IT support. However, ongoing improvements in the healthcare expenditure and rising demand for IoT healthcare in the developing countries are expected to drive the market growth in developing countries in upcoming years.

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On the basis of the geography, IoT Healthcare market is segmented into North America, Asia Pacific, Europe and Rest of the World. North America has been predicted to dominate the global IoT Healthcare market due to well established healthcare infrastructure and cohesive government policies. Additionally, APAC will be the fastest growing region during the forecast period due to growing disposable income and increasing adoption of EHR in the developing countries.

MARKET SEGMENTATION

IOT HEALTHCARE MARKET, BY COMPONENT
• MEDICAL DEVICES
• SOFTWARE AND SOLUTIONS
• SERVICES

IOT HEALTHCARE MARKET, BY APPLICATION

• PATIENT MONITORING
• TELEMEDICINE
• CONNECTED IMAGING
• DRUG DEVELOPMENT
• FITNESS AND WELLNESS MEASUREMENT
• OTHERS

IOT HEALTHCARE MARKET, BY END USERS

• HEALTHCARE PROVIDERS
• HEALTHCARE PAYERS
• RESEARCH LABORATORIES
• INDIVIDUALS
• COMPETITIVE LANDSCAPE
• STRATEGY ANALYSIS
• KEY COMPANY ANALYSIS

REGIONAL ANALYSIS

• NORTH AMERICA
• UNITED STATES
• CANADA
• EUROPE
• UNITED KINGDOM
• FRANCE
• GERMANY
• ITALY
• SPAIN
• REST OF EUROPE
• ASIA PACIFIC
• INDIA
• CHINA
• JAPAN
• REST OF THE WORLD

COMPANY PROFILES

• ALPHABET INC.
• APPLE INC.
• BACKBONE LABS
• CARRE TECHNOLOGIES
• CISCO SYSTEMS INC.
• GE HEALTHCARE
• HONEYWELL LIFE CARE SOLUTIONS
• IBM CORPORATION
• KERITON
• MEDTRONIC PLC
• MICROSOFT CORPORATION
• NAYA HEALTH
• ORBITA
• ROYAL PHILIPS
• SAP SE
• ST. JUDE MEDICAL INC.
• STANLEY HEALTHCARE

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