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Internet of Things (IoT) in Healthcare
Publication Date: September 19, 2019
Tags: Artificial Intelligence (AI), Diagnostic Instruments, Lab Informatics, Lab Software, Medical Devices, Patient Monitoring and Telehealth, Software and Informatics
Pages: 80
SKU: 19-049
By 2020, it is estimated that there will be 21 billion connected devices worldwide, significantly impacting the healthcare industry. Kalorama Information’s comprehensive report, Internet of Things (IoT) in Healthcare, tracks the trends and provides specific market estimates and forecasts for this rapidly growing sector.
Report Highlights:
- Market Overview:
- The healthcare industry’s adoption of IoT technology is driven by government mandates, staffing shortages, the need to improve clinical outcomes, and increasing pressures on healthcare systems.
- Key Segments Covered:
- Artificial Intelligence: Enhancing diagnostic accuracy and decision-making.
- Cloud Solutions: Facilitating data storage and access.
- EHR/EMR: Streamlining patient records and information sharing.
- Medical Devices: Enabling remote monitoring and diagnostics.
- Telemedicine: Expanding access to care and reducing patient visits.
- Impact on Healthcare:
- IoT devices can increase diagnostic rates and improve accuracy, helping healthcare providers make quicker, more informed decisions.
- With a global physician shortage and rising misdiagnosis rates, IoT offers a solution to these critical challenges.
- The growing elderly population and efforts to control healthcare costs drive the demand for IoT devices, which offer cost-effective and non-intrusive health management solutions such as wearables, medication reminders, and portable diagnostic devices.
- Geographical Insights:
- United States
- Europe
- Asia
- Rest of World
- The report provides IoT spending estimates for these regions, highlighting the global reach and regional variations in the adoption of IoT in healthcare.
Data Points Included:
- Global IoT in Healthcare Market, 2019-2024 ($ billions)
- Vendor Market Share for IoT in Healthcare Sales, 2019 (%)
- IoT in Healthcare Market Breakdown by Segment, 2019 and 2024 (%) (Artificial Intelligence, Cloud Solutions, EHR/EMR, Medical Devices, Telemedicine)
- 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)
Table: IoT in Healthcare Market Breakdown by Segment, 2019 (%)
Segment | 2019 |
Artificial Intelligence | XX% |
Cloud Solutions | XX% |
EHR/EMR | XX% |
Medical Devices | XX% |
Telemedicine | XX% |
Total | XX% |
Source: Kalorama Information
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Table of Contents
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