Meticulous Research®, a leader in global market analysis, recently unveiled a report titled '5G in Healthcare Market by Component, Application, End User - Global Forecast to 2030.' The study forecasts that the 5G in healthcare market will reach a staggering $166.1 billion by 2030, expanding at an impressive CAGR of 29.5% over the next decade.



Key drivers of this growth include significant advancements in telecommunications, the rapid transmission of patient data through 5G technology, and the surge in telehealth and nursing robot adoption following the COVID-19 pandemic. Additionally, the availability of affordable sensors and the rising use of 5G-enabled medical devices for patient monitoring play crucial roles.



The market is divided into hardware, services, and connectivity components. By 2023, the hardware segment is projected to hold the largest share due to the necessity of upgrading devices to leverage new technologies, the demand for high bandwidth, and the requirement for extensive connectivity.



The applications of 5G in healthcare encompass healthcare management software, remote healthcare, AR/VR, medical device asset tracking, and connected medical devices. The remote healthcare sector is expected to grow the fastest, driven by the need for long-term home care, the increasing prevalence of chronic diseases, and an aging population. Rising awareness and demand for telehealth consultations also fuel this segment's growth.



In terms of end users, healthcare providers are set to dominate in 2023, spurred by the necessity for 5G in medical device tracking, patient monitoring, and data management. The growth of ambulatory centers and hospitals and the adoption of 5G-enabled medical devices are additional contributing factors.



Regionally, North America is anticipated to lead the market, followed by Europe and Asia-Pacific. The U.S. is expected to be the largest market in North America due to high disposable incomes, a growing number of chronic disease patients, supportive government investments in healthcare digitalization, and the presence of advanced 5G infrastructure.



Key Players:

The key players operating in the 5G in healthcare market are AT&T Inc. (U.S.), Verizon Communications Inc. (U.S.), LM ERICSSON TELEPHONE COMPANY (Sweden), T‑Mobile USA, Inc. (U.S.), Cisco Systems, Inc. (U.S.), TELUS Corporation (U.S.), Telit corporate group (U.S.), Orange SA (France), Telefónica, S.A.(Spain), SAMSUNG ELECTRONICS CO., LTD. (South Korea), BT Group plc (U.K.), NEC Corporation (Japan), and QUALCOMM Incorporated (U.S.).

Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample-report/cp_id=5431



Key questions answered in the report-

· Which are the high-growth market segments in terms of component, application, end user, and region/country?

· What was the historical market size for 5G in healthcare across the globe?

· What are the market forecasts and estimates for the period 2023–2030?

· What are the major drivers, restraints, challenges, opportunities, and trends in the global market of 5G in healthcare?

· Who are the major players in the global 5G in healthcare market?

· How is the competitive landscape, and who are the market leaders in the global 5G in healthcare market?

· What are the recent developments in the 5G in healthcare market?

· What are the different strategies adopted by the major players in the 5G in healthcare market?

· What are the geographical trends and high growth regions/countries?

Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research