Global Healthcare IoT Market Will Undergo Unprecedented Transformation As A Result Of Coronavirus Pandemic


ResearchAndMarkets.com has published a new report on global IoT market in the next five years. According to the report titled “IoT in Healthcare Market by Technology, Infrastructure, Devices, Connectivity, Organization Type, Solutions and Apps 2020 – 2025,” the global healthcare industry is poised to undergo an unprecedented transformation as a result of technology advances and healthcare access concerns due to the recent coronavirus pandemic, which is manifest in the COVID-19 disease that has forced hundreds of millions of people worldwide to change their behaviors in terms of how they obtain healthcare services.
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This report provides an assessment of IoT in healthcare including technology trends, solutions deployment, R&D, and related SWOT analysis. The report includes an analysis of the core market as well as segmentation by specific use cases and with consideration of the healthcare IoT value chain. The report investigates potential application engagement scenarios and related regulatory issues. The report also includes vendor strategies, product, service, and solution analysis. Research forecasts address technologies, connectivity, applications, services and solutions from 2020 – 2025, says a press release .
“We see substantial growth in the healthcare industry largely propelled by IoT technology and applications deployed in a cloud-based as-a-service for health status monitoring, wellness, and acute care. Additional enablers include high-speed connectivity, embedded sensor solutions, and wearable applications,” the report said.
These technologies are anticipated to transform the entire healthcare ecosystem, leading to significantly improved remote healthcare services along with maximizing patient outreach and minimizing operational costs. Various Internet of Healthcare Things (IoHT) technologies will be a game-changer for the healthcare ecosystem in the coming decade in terms of systems, processes, and services delivery. There is great potential to increase efficiency and effectiveness in treatment and diagnosis, cost reduction, and improving the overall standards for patient care.
Overall IoHT solutions will address a few important areas in the healthcare sector including reduction of transmission of hospital-acquired infections to patients. Other areas include providing core functionalities required by clinicians, front-office, billing staff, and physicians. It will also help healthcare providers with predictive analytics, connecting medical devices with web applications, optimizing physical assets, and automate healthcare operations.
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Medtronic DBS Clinician Programmer (Image credit: Medtronic) Key Topics Covered
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