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Global Internet of Medical Things Market By Type, By Component, By Product Type, By Technology, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2017- 2027

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prachiti sharma
Global Internet of Medical Things Market By Type, By Component, By Product Type, By Technology, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2017- 2027


Bharat Book Bureau Provides the Trending Market Research Report on “Global Internet of Medical Things Market By Type (On Body Segment, In Home Segment, In Hospital Segment, In Clinics Segment, Community Segment), By Component (Medical Devices, System & Software, Connectivity Technology, Services), By Product Type (Smart Wearable Devices, Home Use Medical Devices, Point of Care Kits), By Technology (Bluetooth Low Energy (BLE), Zigbee, Wifi, LPWAN, Others), By Application (Telemedicine, Clinical Operation & Workflow Management, Medication Management, Connected Imaging, Others), By End User (Healthcare Providers, Patients, Government Authorities, Others), By Region, Competition, Forecast & Opportunities, 2017- 2027” under Life Sciences Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.

The global Internet of Medical Things Market is expected to grow at a CGAR of 19.48% in the forecast period, 2023-2027, to reach USD198521.00 million by 2027. An increase in the healthcare expenditure and rapid adoption of advanced technologies by the healthcare industry to improve patient care and services are expected to be the major drivers of the global internet of medical things market. Also, the development of the telecommunication sector in developing countries and the deployment of 5G technology are expected to bolster the global Internet of Medical Things market growth in the forecast period.

Ongoing technological advancements in the healthcare industry are transforming the healthcare industry. The Internet of Medical Things is a system of several medical devices connected with or with a network. It can provide real-time updates about the patient’s health to healthcare authorities, improving the quality of service provided to the patient. The efforts to provide high-speed internet connection by the leading authorities in emerging economies are expected to improve telehealth services significantly.

The surge in the focus of healthcare facilities to offer patient-centric care delivery, boost patient engagement and make healthcare services affordable are accelerating the market demand in the next five years. Also, favorable government policies and digitization trends of healthcare facilities are expected to accelerate the global Internet of Medical Things Market in the forecast period. However, growing concerns relating to data privacy and security may hamper the market growth in the forecast period.

The global Internet of Medical Things market is segmented into type, component, product type, technology, application, end user, company, and regional distribution. Based on component, the market is divided into medical devices, system & software, connectivity technology, and services. Medical devices dominated the market in 2021 by capturing a market share of 37.27% and are projected to maintain their dominance throughout the forecast period, 2023-2027. Increasing awareness about the benefits of adopting preventive healthcare practices and the availability of innovative and cost-effective medical devices are the factors bolstering the market demand.

GE Healthcare, Medtronic Plc., Johnson & Johnson, Koninklijke Philips N.V., Siemens Healthineers AG, Abbott Laboratories, Inc., Boston Scientific Corporation, IBM Corporation, Omron Healthcare, Inc., Cisco Systems, Inc., Hill-Rom Holdings, Inc., Ypsomed AG, Honeywell International Inc., Microsoft Corporation, Qualcomm Life Inc. are among the major market players operating in the global Internet of Medical Things market.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023-2027

Objective of the Study:

•To analyze the historical growth and the market size of the global Internet of Medical Things market from 2017 to 2021.

•To estimate and forecast the market size of the global Internet of Medical Things market from 2022 to 2027 and growth rate until 2027.

•To classify and forecast the global Internet of Medical Things market is divided into type of test, use, full test time, technology, specimen, mobility, end use, company, and regional distribution.

•To identify drivers and challenges for the global Internet of Medical Things market.

•To examine competitive developments such as expansions, new product launches, mergers, and acquisitions, etc., in the global Internet of Medical Things market.

•To conduct pricing analysis for the global Internet of Medical Things market.

•To identify and analyze the profile of leading players operating in global Internet of Medical Things market.

Our Research performed both primary as well as exhaustive secondary research for this study. Initially, our Research sourced a list of leading service providers across the globe. Subsequently, our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the service providers which could not be identified due to the limitations of secondary research. Our Research analyzed the service providing companies, distribution channels and presence of all major players operating in the global Internet of Medical Things market all over the world.

Our Research calculated the global Internet of Medical Things market size using a bottom-up approach, where data for various regions was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.


Browse our full report with Table of Content : https://www.bharatbook.com/report/1341444/global-internet-of-medical-things-market-by-type-on-body-segment-in-home-segment-in-hospital-segment-in-clinics-segment-community-segment-by-component-medical-devices-system-software-connectivity-technology-service

About Bharat Book Bureau:

Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 8,00,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.

Contact us at:

Bharat Book Bureau

Tel: +91 22 27810772 / 27810773

Email: [email protected]

Website: www.bharatbook.com


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