To Gain More Insights into the Internet of Things (IOT) Healthcare Market, Browse Summary of the Research Report –
The Internet of Thing (IoT) is a technology embedded with software, sensors, actuators, electronics and network connectivity through which data can be collected and exchanged. IoT provides better quality care to the patient by simplifying the experience of healthcare. Moreover, remotely connected medical devices, such as insulin pumps, cardiac monitoring device, and continuous positive airway pressure (CPAP) machines provide real-time patient information and remote patient monitoring over the paper-based healthcare treatment. IoT provides constant communication with the physician to track the patient’s accurate data which is helpful for the execution of diabetes and asthma patients. Furthermore, IoT simplifies the experience in terms of cost and time saving.
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Moreover, Gemalto announced to use of its IoT connectivity technology in OnKoI’s mhealth solution in 2017. Gemalto intent to provide quality care to older people by notifying their family members, medical professionals and caregivers in an emergency medical situation. Thus, it would help to gain the growth of the IoT healthcare market in near future.
Carecloud and First Data launched one-stop application, Breeze - a web and mobile platform in 2017. Breeze run on First Data’s commerce-enabling technology, clover mini and clover station. The breeze will allow patients to manage their doctor’s appointments, different modes of payment, health insurance and medical forms. This application will help to ease healthcare administrative workload. In turn, this application is expected to influence positive for the IoT healthcare market during the forecast period.
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According to the World Health Organization (WHO), around 1.6 million deaths in 2015 were directly caused by diabetes and will increase by more than 50% before the age of 70 years by 2030. Moreover, according to the Centers of Disease Control and Prevention, 2017, in every 1 in 13 people is suffering from asthma and approximately 25 million Americans is suffering from asthma. The data represent the increasing prevalence of chronic diseases and growing demand for better disease management and cost-effective treatment, which is expected to accelerate the growth of the IoT healthcare market.
Table of Contents
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Top players in the market
Key players in IoT healthcare market include, Medtronic Plc, Royal Philips, Cisco Systems Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Qualcomm Life, Inc., Honeywell Life Care Solutions, and Stanley Healthcare.
Research methodology adopted by Coherent Market Insights
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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