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IoT Healthcare Market - Global Forecast to 2020 - Increasing Number of Connected Medical Devices - Research and Markets

[May 04, 2016]

IoT Healthcare Market - Global Forecast to 2020 - Increasing Number of Connected Medical Devices - Research and Markets

Research and Markets has announced the addition of the "IoT Healthcare Market - Global Forecast to 2020" report to their offering.

The IoT healthcare market is expected to grow from USD 163.24 Billion by 2020, at a CAGR of 38.1% from 2015 to 2020. The healthcare industry is undergoing a huge transformation in a bid to move towards affordable, accessible, and quality care. New applications such as remote monitoring, a result of cutting edge technology innovations, are being developed to address the changing industry needs.

This model of healthcare, which heavily relies on patient participation, and subsequent data analysis by microprocessors and micro-controllers, is changing the way health services are delivered. The connectivity between sensors and devices enables healthcare organizations to streamline their clinical operations and workflow management, and aids real-time patient care, even from remote locations.

IoT, in conjunction with cloud computing and big data, i creating lucrative opportunities in the healthcare sector. The increasing number of connected medical devices and the proliferation of smartphones has contributed significantly to the rise of IoT. The reduced cost of care, improved healthcare outcomes, and development of high speed networking technologies are likely to drive the growth of IoT in healthcare.

Furthermore, concerns regarding patient data security and privacy are restricting the adoption of IoT in healthcare. These concerns are triggered by the alarming increase in cyber threats such as hackers gaining access to patients' medical records.

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 IoT Healthcare Market Analysis, By Component

8 IoT Healthcare Market Analysis, By Connectivity Technology

9 IoT Healthcare Market Analysis, By Application

10 IoT Healthcare Market Analysis, By End User

11 Geographic Analysis