Home » Global Internet of Things in healthcare Market 2014 To 2021 – Outlook, Competitive analysis, Industry Trends & Forecasts: Acute Market Reports

Global Internet of Things in healthcare Market 2014 To 2021 – Outlook, Competitive analysis, Industry Trends & Forecasts: Acute Market Reports

Internet of things (IoT), comprising components such as devices, network connectivity, electronics system and software, is basically the networking of connected devices or things to transmit the data between them without human intervention. Internet of thing technology, has the potential to revolutionize the traditional paper based healthcare treatment through access of real time patient data and remote patient monitoring.

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The emergence of this digital healthcare technology, has addressed the impending need for better diagnostics and targeted therapeutic tools. Moreover, it not only provides remote patient monitoring to physicians, but also works as a fitness and wellness tracker for athletes and a dose reminder for patients. Successful implication of IoT in remote monitoring of diabetes & asthma patients, coupled with high penetration of fitness and wellness devices, has created a high demand of Internet of Things in healthcare industry.

The world internet of things in healthcare market, is expected to register considerable growth during the forecast period, attributed to technological advancements, rising incidence rates of chronic diseases, growing demand for cost-effective treatment and disease management, better accessibility of high speed internet, implementation of favorable government regulatory policies and collaboration of top IT companies with healthcare majors. Furthermore, availability of customer friendly devices, increasing need for stringent regulations and decreasing rate of sensor technology are also expected to fuel the growth of the market.

However, factors such as high costs associated with IoT infrastructure development, data privacy and security issues, lack of awareness among public in developing regions and limited technical knowledge are likely to impede the market growth. Various factors such as improvement in healthcare infrastructure in developing countries, government initiatives to support IoT platform, high R&D spending, are expected to boost the growth of the market.

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Table of Content:

1.1 Report description
1.2 Key benefits
1.3 Research methodology
1.3.1 Secondary research
1.3.2 Primary research
1.3.3 Analyst tools and models

2.1 CXO perspective

3.1 Market definition and scope
3.2 Key findings
3.2.1 Top investment pockets
3.2.2 Top winning strategies
3.3 Porters five forces analysis
3.3.1 Moderate bargaining power of suppliers
3.3.2 High bargaining power of buyers
3.3.3 High threat of new entrants
3.3.4 High competitive rivalry
3.3.5 Low threat of substitutes
3.4 Regulatory scenario
3.4.1 HIPAA (Health Insurance Portability and Accountability Act)
3.4.2 HITECH (Health Information Technology for Economic and Clinical Health) Act
3.4.3 Affordable Care Act
3.4.4 FDASIA (Food and Drug Administration Safety and Innovation Act)
3.4.5 The MedTech (Medical Electronic Data Technology Enhancement for Consumers Health) Act
3.4.6 European Standards Organizations (CENELEC (European Committee for Electrotechnical Standardization), CEN and ETSI)
3.5 Latest development in IoT technology in healthcare
3.6 Drivers
3.6.1 Technological advancements
3.6.2 Increasing demand for low cost disease management and treatment
3.6.3 Rising prevalence of chronic diseases
3.6.4 Collaboration among companies
3.7 Restraints
3.7.1 Data privacy and security
3.7.2 Lack of awareness among consumers in developing regions
3.7.3 Lack of expertise in developing regions
3.7.4 Accuracy of sensors
3.8 Opportunities
3.8.1 Develop low-power wide-area networks (LPWANs)
3.8.2 Changing mentality among consumers

4.1 Overview
4.1.1 Market size and forecast
4.2 Devices
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.2.4 Wearable sensor Devices Market size and forecast
4.2.5 Implanted sensor devices Market size and forecast
4.2.6 Others sensor devices Market size and forecast
4.3 System and Software
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
4.3.4 Network layer Market size and forecast
4.3.5 Database layer Market size and forecast
4.3.6 Analytics layer Market size and forecast
4.4 Services
4.4.1 Key market trends
4.4.2 Key growth factors and opportunities
4.4.3 Market size and forecast

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Name of author

Name: Brody Thomas

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