Global Market Study on IoT Sensors in Healthcare: North America to Remain Largest Regional Market Through 2026


Iot Sensors Healthcare  Market
  • Published On : Jun-2018 |
  • Pages : 197 Pages |
  • Format :

Report Synopsis

Persistence Market Research offers a 4-year trend analysis for the global IoT sensors in healthcare market from 2013 to 2017, and an 8-year forecast for the IoT sensors in healthcare market between 2018 and 2026. In terms of value, the IoT sensors in healthcare market is expected to register a CAGR of 12.2% during the forecast period. This study demonstrates the market dynamics and trends in the global IoT sensors in healthcare market across seven regions: North America, Latin America, Europe, China, Japan, Southeast Asia and Other Asia Pacific, and the Middle East and Africa. These market dynamics decide the current nature, and will influence the future status of the IoT sensors in healthcare market during the forecast period.

Report Description

This research report provides a detailed analysis of the IoT sensors in healthcare market, and offer insights on the various factors driving the popularity of these systems. The IoT sensors in healthcare market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the global IoT sensors in healthcare Heatemarket based on application, end user, and region.

The report starts with an overview of the global IoT sensors in healthcare market in terms of value. In addition, this section includes an analysis of the macro-economic factors, opportunity analysis, and technology trends which are influencing the IoT sensors in healthcare market. Impact analysis of key growth drivers and challenges in the IoT sensors in healthcare market, based on the weighted average model and PMR analysis and recommendations, are included in this report to facilitate clients with crystal clear decision-making insights.

The global IoT sensors in healthcare market is categorized on the basis of application, end user, and region. On the basis of application, the IoT sensors in healthcare market is segmented into patient monitoring, diagnostics, clinical efficiency, and other applications. By end user, the global IoT sensors in healthcare market is segmented into hospitals, CROs, rehabilitation centers, and other end users. A detailed analysis has been provided for every segment in the IoT sensors in healthcare market across different regions. The section provides a detailed analysis covering key drivers, restraints, and trends, and key regulations in the IoT sensors in healthcare markets in different regions.

The next section highlights a detailed analysis on the IoT sensors in healthcare market across various countries in the region. It provides a market outlook for 2018–2026, and sets the forecast within the context of the IoT sensors in healthcare market, including latest technological developments as well in the market. This study discusses key trends within countries contributing to the growth of the IoT sensors in healthcare market, as well as analyses the degrees at which drivers are influencing the IoT sensors in healthcare market in each region. Key regions and countries in the IoT sensors in healthcare market assessed in this report include North America (U.S. and Canada), Latin America (Brazil, Mexico, and the Rest of Latin America), Europe (Germany, U.K., France, Italy, Spain, Russia, and the Rest of Europe), China, Southeast Asia & Pacific (India, Philippines, Thailand, Malaysia, Indonesia, Oceania, and the Rest of SEA), Japan, and the Middle East and Africa (North Africa, South Africa, Turkey, GCC, and the Rest of MEA).

This report evaluates historical trends, present scenario, and the growth prospects of the IoT sensors in healthcare market across various regions, globally, for the period 2018–2026. In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the IoT sensors in healthcare market, and to identify the right opportunities across the market. As previously highlighted, the global IoT sensors in healthcare market is split into a number of segments. This detailed level of information is important for the identification of various key trends of the global IoT sensors in healthcare market.

In the final section of the report, we include a competitive landscape to provide clients with a dashboard view, based on categories of providers in the value chain, presence in the IoT sensors in healthcare portfolio, and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in the IoT sensors in healthcare market value chain, and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of capabilities and success in the IoT sensors in healthcare marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings, and recent developments in the IoT sensors in healthcare market.

Key segments covered in the IoT sensors in healthcare market:

  • By Application
    • Patient Monitoring
    • Diagnostics
    • Clinical Efficiency
    • Other Applications
  • By End User
    • Hospitals
    • Clinical Research Organizations (CROs)
    • Rehabilitation Centers
    • Residential
    • Other End Users

Key regions covered in the IoT sensors in healthcare market:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • APAC
    • India
    • Philippines
    • Thailand
    • Malaysia
    • Indonesia
    • Oceania
    • Rest of SEA and Other APAC
  • China
  • Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Japan
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • Northern Africa
    • South Africa
    • Rest of MEA

According to a recent market report published by Persistence Market Research, titled 'IoT Sensors in Healthcare Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018–2026', the global IoT sensors in healthcare market was valued at US$ 2,208.9 Mn in 2017, and is expected to register a CAGR of 12.2% from 2018 to 2026. Improvements in patient engagement, increased accuracy in data analysis, enhanced disease management and treatment results, and reduction in treatment costs are major factors driving the growth of the global IoT sensors in healthcare market. However, privacy concerns and adherence to standard regulations, and varying communication protocols in different IoT sensors in healthcare equipment, hinder the growth of the global IoT sensors in healthcare market. Some of the recent trends for the IoT sensors in healthcare market are focus on implementation of artificial intelligence and IoT technologies, and the increasing demand for wearable devices in the IoT sensors in healthcare sector.

The global IoT sensors in healthcare market is categorized on the basis of application, end user, and region. On the basis of application, the IoT sensors in healthcare market is segmented into patient monitoring, diagnostics, clinical efficiency, and other applications. The patient monitoring segment of the IoT sensors in healthcare market is expected to register a CAGR of 13.5% during the forecast period. By end user, the global IoT sensors in healthcare market is segmented into hospitals, CROs, rehabs, and other end users. Hospitals are expected to register the highest CAGR of 14.3% in the global IoT sensors in healthcare market.

iot-sensors-healthcare-market.jpg

This report also covers the drivers, restraints, and trends driving each segment, and offers analysis and insights on the potential of the IoT sensors in healthcare market in regions such as North America, Latin America, Europe, China, Japan, Southeast Asia and Other Asia Pacific, and Middle East and Africa. Among these regions, North America accounted for the largest IoT sensors in healthcare market share in 2017. North America is also expected to register a healthy market share of 21.4% in 2018 in the IoT sensors in healthcare market. Also, the demand for IoT sensors in healthcare is increasing in the market in SEA excluding China and Japan.

Some of the top companies identified across the IoT sensors in healthcare market value chain are STMicroelectronics, Koninklijke Philips, General Electric Company, Siemens AG, Texas Instruments Incorporated, TE Connectivity, Honeywell International Inc., PAREXEL International Corporation, Analog Devices, Inc., and Proteus Digital Health, among others. In the tier-wise split of the companies in the IoT sensors in healthcare market, tier 1 represents leading companies in the market with a market share of 5% or more. Tier 2 includes relatively smaller companies in the IoT sensors in healthcare market, with their market shares in the range of 3 to 5%. Lastly, tier 3 represents companies with market shares below 3% in the global IoT sensors in healthcare market.

One of the key developments in the IoT sensors in healthcare market comes from STANLEY Healthcare. In February 2018, STANLEY Healthcare announced the launch of a cloud-based sensor solution that monitors conditions in the environment of care. The platform integrates sensors over a networking cloud to allow pharmacies, outpatient service providers, and small hospitals to monitor the aspects of the operation that should be maintained at a specific set of conditions for efficient patient care.

Company Profile

  • JTAG Technologies
  • CHECKSUM
  • Testonica Lab.
  • ASSET InterTech.
  • Acculogic Inc.
  • Flynn Systems Corporation
  • Etoolsmiths
  • XJTAG Limited
  • CORELIS (EWA Technologies)
  • Keysight Technologies
  • Others.
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