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Internet of Things (IoT) in Healthcare

  • ID: 4849537
  • Report
  • 84 Pages
  • Kalorama Information
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FEATURED COMPANIES

  • Abbott, Inc
  • Cerner Corporation
  • GE Healthcare, Inc.
  • Intel, Inc.
  • Microsoft, Inc.
  • Siemens Healthineers GmbH
  • MORE

By 2020, it is estimated that there will be 21 billion connected devices in the world. That will be five times as many as just four years ago. This fact affects healthcare as much as any industry. Internet of Things (IoT) in Healthcare tracks the trends around IoT in healthcare and makes specific market estimates and forecasts.

The industry adoption of technology in healthcare is driven by an increase in government mandates, staffing shortages, improving clinical outcomes, and increasing pressures on healthcare functions. The continued adoption of Internet-related equipment, devices, and services in the health industry is expected to drive the market to reach nearly $200 billion by 2024. The growing availability of services and vendors will increase access to complex systems and provide more options directly focused on meeting the demands of the health industry. The rise of the IoT is producing some exciting advancements and demand is expected to grow exponentially in the next five years.

This report covers the following segments:

  • Artificial Intelligence
  • Cloud Solutions
  • EHR/EMR
  • Medical Devices
  • Telemedicine

IoT can be used to increase diagnostic rates and improve accuracy, allowing for caretakers to make fast, more informed decisions for patients. There is a large physician shortage across the world and misdiagnosis rates are skyrocketing. With medical professionals under more pressure than ever before, IoT can have a meaningful impact on the healthcare industry.

Due to the rapidly growing elderly population, health issues are increasing, while there is a concerted effort to control costs. IoT healthcare devices provide a lower cost and less intrusive way to manage health. Wearables, medication reminders, and portable diagnostic devices reduce the number of visits to a doctor and increase the level of care.

As part of this report’s coverage, IoT spending estimates are provided for the following regions

  • United States
  • Europe
  • Asia
  • Rest of World

IoT in Healthcare provides an overview of the IoT market and highlights some of the technological advancements in IoT in healthcare. This is not an exhaustive list of the many devices in development or on the market but rather a highlighting of some of the more innovative advancements. This study includes the following data points:

  • Global Internet of Things in Healthcare Market, 2019-2024 ($ billions)
  • Vendor Market Share for IoT in Healthcare Sales, 2019 (%)
  • IoT in Healthcare Market Breakdown by Segment, 2019 (%) (Artificial Intelligence, Cloud Solutions, EHR/EMR, Medical Devices, Telemedicine)
  • IoT in Healthcare Market Breakdown by Segment, 2024 (%) (Artificial Intelligence, Cloud Solutions, EHR/EMR, Medical Devices, Telemedicine)
  • Internet of Things in Healthcare Market, Segment Growth CAGR, 2019-2024 (%) (Healthcare AI, Cloud Solutions, EHR/EMR, Telemedicine, Medical Devices)
  • IoT Healthcare Market by Global Region, 2019 and 2024 ($ billions) (U.S., Europe, Asia Pacific, RoW)
  • Health Spending and HIT Spending by Country, 2019 Estimates ($ billions) (Australia; Brazil; Canada; China; France; Germany; India; Italy; Japan; Korea, Rep.; Mexico; Russian Federation; Spain; United Kingdom; United States)

The base year is 2019, with forecasts provided through 2024. The market was evaluated via a combination of disease prevalence trends, population trends, device innovations, federal and industry standards and regulations, global penetration, economic influences, and other macro and micro indicators. Both primary and secondary sources were consulted in developing market estimates.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott, Inc
  • Cerner Corporation
  • GE Healthcare, Inc.
  • Intel, Inc.
  • Microsoft, Inc.
  • Siemens Healthineers GmbH
  • MORE

Chapter 1: Executive Summary

  • Introduction
  • Industry Highlights
  • Market Summary
    • Figure 1-1: Global Internet of Things in Healthcare Market, 2019-2024 ($ billions)
  • Competitor Review
    • Figure 1-2: IoT Healthcare Market, Vendor Sales, 2019 Estimated

Chapter 2: IoT Market Drivers and Market Challenges

  • Overview
  • Improving Healthcare Efficiency
  • Market Drivers
  • Market Challenges
  • IoT in Clinical Trials
    • Figure 2-1: IoT Impact in Healthcare Clinical Trials (Mental Health Disorders, Pain Management, Diabetes, Autoimmune Diseases, CNS Diseases, Vascular Diseases, Neoplasms, Respiratory Diseases, Insomnia, Musculoskeletal Diseases, Gastrointestinal Disorders, Infections, Other)
  • Cloud-Based Mobile Healthcare
    • Cloud Connectivity and Compatibility
    • Networked Solutions
    • Cloud Services

Chapter 3: Industry Developments

  • Introduction
  • Technological Progress for IoT in Healthcare
    • Connected Contact Lenses
    • Ingestible Sensors
    • Glucose Monitoring and Insulin Pens
    • Asthma Monitors
    • Parkinsonís Disease Monitor
    • Cancer Treatment Devices
    • Depression Monitoring Watch
    • Automated Insulin Delivery
    • Coagulation Testing Device
    • Cardiac Monitoring
    • Smart Bandage

Chapter 4: Market Review

  • Overview
    • Table 4-1: IoT in Healthcare Market Breakdown by Segment, 2019 (%) (Artificial Intelligence, Cloud Solutions, EHR/EMR, Medical Devices, Telemedicine)
    • Table 4-2: IoT in Healthcare Market Breakdown by Segment, 2024 (%) (Artificial Intelligence, Cloud Solutions, EHR/EMR, Medical Devices, Telemedicine)
    • Figure 4-1: Internet of Things in Healthcare Market by Segment, 2019 and 2024 (Healthcare AI, Cloud Solutions, EHR/EMR, Telemedicine, Medical Devices)
    • Figure 4-2: Internet of Things in Healthcare Market, Segment Growth CAGR, 2019-2024 (%) (Healthcare AI, Cloud Solutions, EHR/EMR, Telemedicine, Medical Devices)
  • The Global Market
    • Figure 4-3: IoT Healthcare Market by Global Region, 2019 and 2024 ($ billions) (U.S., Europe, Asia Pacific, RoW)
  • HIT Spending by Country
    • Figure 4-4: Health Spending and HIT Spending by Country, 2019 Estimates ($ billions) (Australia; Brazil; Canada; China; France; Germany; India; Italy; Japan; Korea, Rep.; Mexico; Russian Federation; Spain; United Kingdom; United States)
  • Growing Industry Consolidation
    • Figure 4-5: A Decade of Health-related IT Acquisitions, Distribution by Year (2010-2019)
    • Table 4-3: Examples of Health IT Acquisitions and Mergers (2010-2019)
  • IoT in Healthcare Competitive Summary
    • Figure 4-6: Vendor Market Share for IoT in Healthcare Sales, 2019 (%)

Chapter 5: Internet of Things in Healthcare Company Profiles

  • Introduction
  • Abbott, Inc
    • Table 5-1: Abbott Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-2: Abbott Revenues, 2017-2019 ($millions)
  • AdhereTech
    • Table 5-3: Adheretech Corporate Summary
  • Company Overview
  • Products
  • Boston Scientific
    • Table 5-4: Boston Scientific Corporate Summary
  • Company Overview
  • Products
  • Financial Performance
    • Table 5-5: Boston Scientific Revenues, 2017-2019 ($millions)
  • Cerner Corporation
    • Table 5-6: Cerner Corporation Corporate Summary
  • Company Overview
  • Company Financials
    • Table 5-7: Cerner Revenues 2017-2019 (in millions $)
  • Cisco Systems, Inc.
    • Table 5-8: Cisco Systems Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-9: Cisco Revenues 2017-2019 (in millions $)
  • Epic Systems Corporation
    • Table 5-10: Epic Systems Corporation Corporate Summary
  • Company Overview
  • Company Financials
    • Table 5-11: Epic Revenues 2017-2019 (in millions $)
  • GE Healthcare, Inc.
    • Table 5-12: GE Healthcare Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-13: GE Healthcare Revenues 2017-2019 (in millions $)
  • Honeywell
    • Table 5-14: Honeywell Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-15: Honeywell Revenues, 2017-2019 ($millions)
  • IBM, Inc.
    • Table 5-16: IBM Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-17: IBM Revenues 2017-2019 (in millions $)
  • Intel, Inc.
    • Table 5-18: Intel Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-19: Intel Revenues 2017-2019 (in millions $)
  • Koninklijke Philips, Inc.
    • Table 5-20: Koninklijke Philips Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-21: Koninklijke Philips Revenues 2017-2019 (in millions $)
  • Medtronic, Inc.
    • Table 5-22: Medtronic Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-23: Medtronic Revenues 2017-2019 (in millions $)
  • Microsoft, Inc.
    • Table 5-24: Microsoft Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-25: Microsoft Revenues 2017-2019 (in millions $)
  • Proteus Digital Health
    • Table 5-26: Proteus Digital Health Corporate Summary
  • Company Overview
  • Products
  • SAP SE
    • Table 5-27: SAP SE Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-28: SAP SE Revenues 2017-2019 (in millions $)
  • Siemens Healthineers GmbH
    • Table 5-29: Siemens Healthineers Corporate Summary
  • Company Overview
  • Products
  • Performance Review
    • Table 5-30: Siemens Healthineers Revenues 2017-2019 (in millions $)
  • Stanley Healthcare
    • Table 5-31: Stanley Healthcare Corporate Summary
  • Company Overview
  • Products
  • Thinklabs
    • Table 5-32: Thinklabs Corporate Summary
  • Company Overview
  • Products
Note: Product cover images may vary from those shown
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  • Abbott, Inc
  • AdhereTech
  • Boston Scientific
  • Cerner Corporation
  • Cisco Systems, Inc.
  • Epic Systems Corporation
  • GE Healthcare, Inc.
  • Honeywell
  • IBM, Inc.
  • Intel, Inc.
  • Koninklijke Philips, Inc.
  • Medtronic, Inc.
  • Microsoft, Inc.
  • Proteus Digital Health
  • SAP SE
  • Siemens Healthineers GmbH
  • Stanley Healthcare
  • Thinklabs
Note: Product cover images may vary from those shown
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