Product Code: IRTNTR71342
The internet of things market in the healthcare sector is forecasted to grow by USD 161.6 bn during 2022-2027, accelerating at a CAGR of 20% during the forecast period. The report on the internet of things market in the healthcare sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing remote patient monitoring, increasing use of wearables to monitor human health, and improving healthcare management through iot-enabled devices.
Technavio's internet of things market in the healthcare sector is segmented as below:
Market Scope |
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 17.21% |
CAGR | 20% |
Incremental Value | $161.6bn |
By Component
- Medical devices
- Software and system application
- Connecting technologies
By Application
- Telemedicine
- Patient monitoring
- Clinical operation and workflow management
- Connected imaging and others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the technological advancement as one of the prime reasons driving the internet of things market in the healthcare sector growth during the next few years. Also, rising demand for IoT in healthcare and growing demand for telehealth will lead to sizable demand in the market.
The report on the internet of things market in the healthcare sector covers the following areas:
- Internet of things market in the healthcare sector sizing
- Internet of things market in the healthcare sector forecast
- Internet of things market in the healthcare sector industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading internet of things market in the healthcare sector vendors that include Aeris Communications Inc., Alphabet Inc., Amazon.com Inc., AT and T Inc., Cisco Systems Inc., Furukawa Electric Co. Ltd., General Electric Co., Hewlett Packard Enterprise Co., Honeywell International Inc., Intel Corp., International Business Machines Corp., Koninklijke Philips N.V., Microsoft Corp., Oracle Corp., PTC Inc., Robert Bosch GmbH, SAP SE, Siemens AG, Thales Group, and Wipro Ltd.. Also, the internet of things market in the healthcare sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
- Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary - Chart on Incremental Growth
- Exhibit 08: Executive Summary - Data Table on Incremental Growth
- Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global internet of things market in the healthcare sector market 2017 - 2021
- Exhibit 18: Historic Market Size - Data Table on global internet of things market in the healthcare sector market 2017 - 2021 ($ billion)
- 4.2 Type/Components Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size - Type/Components Segment 2017 - 2021 ($ billion)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Component
- 6.1 Market segments
- Exhibit 30: Chart on Component - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
- 6.2 Comparison by Component
- Exhibit 32: Chart on Comparison by Component
- Exhibit 33: Data Table on Comparison by Component
- 6.3 Medical devices - Market size and forecast 2022-2027
- Exhibit 34: Chart on Medical devices - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Medical devices - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Medical devices - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Medical devices - Year-over-year growth 2022-2027 (%)
- 6.4 Software and system application - Market size and forecast 2022-2027
- Exhibit 38: Chart on Software and system application - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Software and system application - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Software and system application - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Software and system application - Year-over-year growth 2022-2027 (%)
- 6.5 Connecting technologies - Market size and forecast 2022-2027
- Exhibit 42: Chart on Connecting technologies - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Connecting technologies - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Connecting technologies - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Connecting technologies - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Component
- Exhibit 46: Market opportunity by Component ($ billion)
- Exhibit 47: Data Table on Market opportunity by Component ($ billion)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 48: Chart on Application - Market share 2022-2027 (%)
- Exhibit 49: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 50: Chart on Comparison by Application
- Exhibit 51: Data Table on Comparison by Application
- 7.3 Telemedicine - Market size and forecast 2022-2027
- Exhibit 52: Chart on Telemedicine - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Telemedicine - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Telemedicine - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Telemedicine - Year-over-year growth 2022-2027 (%)
- 7.4 Patient monitoring - Market size and forecast 2022-2027
- Exhibit 56: Chart on Patient monitoring - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Data Table on Patient monitoring - Market size and forecast 2022-2027 ($ billion)
- Exhibit 58: Chart on Patient monitoring - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Patient monitoring - Year-over-year growth 2022-2027 (%)
- 7.5 Clinical operation and workflow management - Market size and forecast 2022-2027
- Exhibit 60: Chart on Clinical operation and workflow management - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Clinical operation and workflow management - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Clinical operation and workflow management - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Clinical operation and workflow management - Year-over-year growth 2022-2027 (%)
- 7.6 Connected imaging and others - Market size and forecast 2022-2027
- Exhibit 64: Chart on Connected imaging and others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Data Table on Connected imaging and others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Chart on Connected imaging and others - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Connected imaging and others - Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Application
- Exhibit 68: Market opportunity by Application ($ billion)
- Exhibit 69: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 71: Chart on Market share By Geographical Landscape 2022-2027 (%)
- Exhibit 72: Data Table on Market share By Geographical Landscape 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 UK - Market size and forecast 2022-2027
- Exhibit 107: Chart on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity By Geographical Landscape
- Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
- Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 120: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 121: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification
- 12.3 Alphabet Inc.
- Exhibit 123: Alphabet Inc. - Overview
- Exhibit 124: Alphabet Inc. - Business segments
- Exhibit 125: Alphabet Inc. - Key news
- Exhibit 126: Alphabet Inc. - Key offerings
- Exhibit 127: Alphabet Inc. - Segment focus
- 12.4 Amazon.com Inc.
- Exhibit 128: Amazon.com Inc. - Overview
- Exhibit 129: Amazon.com Inc. - Business segments
- Exhibit 130: Amazon.com Inc. - Key news
- Exhibit 131: Amazon.com Inc. - Key offerings
- Exhibit 132: Amazon.com Inc. - Segment focus
- 12.5 AT and T Inc.
- Exhibit 133: AT and T Inc. - Overview
- Exhibit 134: AT and T Inc. - Business segments
- Exhibit 135: AT and T Inc. - Key news
- Exhibit 136: AT and T Inc. - Key offerings
- Exhibit 137: AT and T Inc. - Segment focus
- 12.6 Cisco Systems Inc.
- Exhibit 138: Cisco Systems Inc. - Overview
- Exhibit 139: Cisco Systems Inc. - Business segments
- Exhibit 140: Cisco Systems Inc. - Key news
- Exhibit 141: Cisco Systems Inc. - Key offerings
- Exhibit 142: Cisco Systems Inc. - Segment focus
- 12.7 Furukawa Electric Co. Ltd.
- Exhibit 143: Furukawa Electric Co. Ltd. - Overview
- Exhibit 144: Furukawa Electric Co. Ltd. - Product / Service
- Exhibit 145: Furukawa Electric Co. Ltd. - Key offerings
- 12.8 General Electric Co.
- Exhibit 146: General Electric Co. - Overview
- Exhibit 147: General Electric Co. - Business segments
- Exhibit 148: General Electric Co. - Key news
- Exhibit 149: General Electric Co. - Key offerings
- Exhibit 150: General Electric Co. - Segment focus
- 12.9 Honeywell International Inc.
- Exhibit 151: Honeywell International Inc. - Overview
- Exhibit 152: Honeywell International Inc. - Business segments
- Exhibit 153: Honeywell International Inc. - Key news
- Exhibit 154: Honeywell International Inc. - Key offerings
- Exhibit 155: Honeywell International Inc. - Segment focus
- 12.10 Intel Corp.
- Exhibit 156: Intel Corp. - Overview
- Exhibit 157: Intel Corp. - Business segments
- Exhibit 158: Intel Corp. - Key news
- Exhibit 159: Intel Corp. - Key offerings
- Exhibit 160: Intel Corp. - Segment focus
- 12.11 International Business Machines Corp.
- Exhibit 161: International Business Machines Corp. - Overview
- Exhibit 162: International Business Machines Corp. - Business segments
- Exhibit 163: International Business Machines Corp. - Key news
- Exhibit 164: International Business Machines Corp. - Key offerings
- Exhibit 165: International Business Machines Corp. - Segment focus
- 12.12 Microsoft Corp.
- Exhibit 166: Microsoft Corp. - Overview
- Exhibit 167: Microsoft Corp. - Business segments
- Exhibit 168: Microsoft Corp. - Key news
- Exhibit 169: Microsoft Corp. - Key offerings
- Exhibit 170: Microsoft Corp. - Segment focus
- 12.13 Oracle Corp.
- Exhibit 171: Oracle Corp. - Overview
- Exhibit 172: Oracle Corp. - Business segments
- Exhibit 173: Oracle Corp. - Key news
- Exhibit 174: Oracle Corp. - Key offerings
- Exhibit 175: Oracle Corp. - Segment focus
- 12.14 Robert Bosch GmbH
- Exhibit 176: Robert Bosch GmbH - Overview
- Exhibit 177: Robert Bosch GmbH - Business segments
- Exhibit 178: Robert Bosch GmbH - Key news
- Exhibit 179: Robert Bosch GmbH - Key offerings
- Exhibit 180: Robert Bosch GmbH - Segment focus
- 12.15 SAP SE
- Exhibit 181: SAP SE - Overview
- Exhibit 182: SAP SE - Business segments
- Exhibit 183: SAP SE - Key news
- Exhibit 184: SAP SE - Key offerings
- Exhibit 185: SAP SE - Segment focus
- 12.16 Siemens AG
- Exhibit 186: Siemens AG - Overview
- Exhibit 187: Siemens AG - Business segments
- Exhibit 188: Siemens AG - Key news
- Exhibit 189: Siemens AG - Key offerings
- Exhibit 190: Siemens AG - Segment focus
- 12.17 Wipro Ltd.
- Exhibit 191: Wipro Ltd. - Overview
- Exhibit 192: Wipro Ltd. - Business segments
- Exhibit 193: Wipro Ltd. - Key news
- Exhibit 194: Wipro Ltd. - Key offerings
- Exhibit 195: Wipro Ltd. - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 196: Inclusions checklist
- Exhibit 197: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 198: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 199: Research methodology
- Exhibit 200: Validation techniques employed for market sizing
- Exhibit 201: Information sources
- 13.5 List of abbreviations
- Exhibit 202: List of abbreviations