How big is the IoT In Healthcare Market?

The IoT In Healthcare Market size is expected to reach USD 147.44 billion in 2024 and grow at a CAGR of 18.74% to reach USD 348.03 billion by 2029. Read More

What is the current IoT In Healthcare Market size?

In 2024, the IoT In Healthcare Market size is expected to reach USD 147.44 billion. Read More

Who are the key players in IoT In Healthcare Market?

Medtronic PLC, Koninklijke Philips NV, Cisco Systems, International Business Machines Corporation (IBM) and GE Healthcare are the major companies operating in the IoT In Healthcare Market. Read More

Which is the fastest growing region in IoT In Healthcare Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in IoT In Healthcare Market?

In 2024, the North America accounts for the largest market share in IoT In Healthcare Market. Read More

What years does this IoT In Healthcare Market cover, and what was the market size in 2023?

In 2023, the IoT In Healthcare Market size was estimated at USD 119.81 billion. The report covers the IoT In Healthcare Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the IoT In Healthcare Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

IoT in Healthcare Market - Internet of Things

IoT in Healthcare Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Internet of Things Healthcare Market Companies & Statistics. The Market is Segmented by Component (Medical Devices, Systems and Software, Services), by Application (Telemedicine, Inpatient Monitoring, and Medication Management), by End User (Hospitals, Clinical Research Organizations, Other End Users), and by Geography (North America, Europe, Asia Pacific, Rest of the World). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Internet of Things (IoT) in Healthcare Industry Overview

The Internet of Things (IoT) in the healthcare market is moderately competitive and consists of several major players. The companies are implementing specific strategic initiatives, such as mergers, new product launches, acquisitions, and partnerships, which help them strengthen their market positions. The key players in this market are Medtronic, GE Healthcare, Koninklijke Philips NV, Honeywell Life Care Solutions, and Biotronik.

In March 2023, Fujitsu announced to launch a new cloud-based platform that allows users to securely collect and leverage health-related data and promote digital transformation in the medical sector. The new platform enables the automatic conversion of medical data from electronic medical records of medical institutions that conforms to the next-generation standard framework HL7 FHIR (1) and the secure aggregation of health-related data.
In March 2023, Microsoft announced the introduction of the new Dragon Ambient eXperience (DAX) express to automate clinical documentation at scale. DAX Express is a clinical documentation application integrated into automated workflows that, for the first time, combines proven conversational and environmental AI with the advanced reasoning and natural language capabilities of OpenAI's GPT-4.