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The global internet of things (IoT) in healthcare market size is expected to reach USD 534.3 billion by 2025, expanding at a CAGR of 20.2% over the forecast periodNEW YORK, March 20, 2019 /PRNewswire/ -- Internet of Things (IoT) in Healthcare Market Size, Share & Trends Analysis Report By End Use, By Component, By Connectivity Technology (Cellular, Wi-Fi, Satellite), By Application, And Segment Forecasts, 2018 - 2025 Further key findings from the report suggest: • By component, the system and software segment is expected to register the fastest CAGR of 21.6% over the forecast period owing to growing interest of market players to develop innovative solutions for managing workflows in the healthcare industry • In 2017, cellular technology accounted for the largest revenue share by connectivity technology. However, satellite technology is expected to exhibit a lucrative CAGR of 24.4% over the forecast period • By end use, the hospitals and clinic segment accounted for the largest revenue share in 2017, owing to high adoption of IoT solutions to improve functional and operational workflow • Inpatient monitoring emerged as the largest application segment in 2017; however medication management is expected to emerge as the fastest growing segment over the forecast period • North America dominated the market by revenue in 2017 owing to availability of advanced healthcare IT infrastructure and favorable initiatives supporting adoption of eHealth and digital health • Asia Pacific is expected to register the highest CAGR 21.4% over the forecast period • The market is fairly competitive with the presence of players such as General Electric Company, IBM, Microsoft, Koninklijke Philips N.V., Cerner Corporation, and Cisco Systems. Read the full report: https://www.reportlinker.com/p05741281/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |