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Internet of Things (IOT) in Healthcare Market: Proliferation of IOT Components in Developing Countries to Drive Growth

Press release Description

Albany, New York, September 6, 2018: Increased demand of internet of things systems (IOT) in the healthcare industry, as an efficient technology to instantly monitor, store and transmit medical data will continue to influence the growth of IOT applications in the healthcare market. Increasing emphasis on automation, workflow management, inventory management, and digitalization has further driven the adoption of internet of things, owing to its application of using interconnected devices to reduce redundant efforts of healthcare professionals. Revenues from the internet of things in healthcare market is estimated to reach US$ 322.77 Bn with a massive CAGR of 20.6% through 2025.These insights have been extracted from the report titled “Internet of Things (IoT) in Healthcare Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” included recently to the immense repository of Market Research Reports Search Engine (MRRSE).

North America continues to hold a majority share in the internet of things in healthcare market. Easy access to advanced technologies and research & development is the key influencer of the internet of things in healthcare market in the region. Ever-increasing adoption of internet of things components by developing countries such as China and India are the driving factors in the CAGR growth of the IOT market in the Asia Pacific region. Prohibitive initial cost of investment is expected to be a key constraining factor for the growth of the internet of things in healthcare market worldwide.

Key players who are operating in the internet of things in healthcare market are working on acquisitions, strategic partnerships, regional expansion, and adding new services to provide cost-effective products to end users. The report has profiled and assessed key players in the internet of things in healthcare market including, General Electric Company (GE Healthcare), Zebra Technologies, Koninklijke Philips N.V., and IBM Corporation.

Internet of Things (IOT) in Healthcare Market: Detailed Analysis Using Robust Research Methodology

This report provides a detailed analysis about the present and future scenario of the Internet of things in healthcare market at regional and global levels. The report provides a comprehensive analysis of driving factors, constraints and latent business opportunities in the internet of things in healthcare market. A thorough value-chain analysis has been used to arrive at accurate projections and forecasts for all findings considering various economic, political, technological, legal and social factors that are likely to affect market prospects.

Readers will find an insightful study about the profiles of competing key market players, their business strategies, market positions, relevant developments, SWOT analysis, and financials to better understand the competition dynamics between them.

Useful insights were derived through extensive primary research, which formed the major part of the research effort. Discussions, telephonic & face-to-face interviews, and market feedback from opinion leaders and industry experts, were studied in detail. Data has been validated and complemented by thorough secondary research of valid resources such as white papers, annual reports, press releases, product literature, trade journals, trade associations, and databases for greater understanding of competitor analysis and market scenario.

Browse Full Global Internet of Things (IOT) in Healthcare Market Report with TOC :

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