Global & China IoT Medical Devices Market to 2033
Description
Czechia, also known as the Czech Republic, is emerging as a significant market for IoT medical devices in Eastern Europe, actively progressing towards digital transformation in its healthcare system. This shift is driven by a strategic goal to enhance the quality, accessibility, and efficiency of healthcare services, alongside a growing awareness of how connected technologies can aid in achieving these objectives. The Czech government has implemented a long-term national digital health strategy (2016–2026), which received approval in the fall of 2016. This strategy aims to increase citizen engagement in self-care, boost the efficiency and quality of the healthcare system, and develop a robust information infrastructure. The establishment of the National eHealth Centre in 2019 is pivotal in creating essential digital components and establishing clear rules and standards for eHealth services.
A notable example of digital health implementation is the mandatory use of ePrescription (eRecept), which has enabled a shared pharmaceutical record accessible to citizens. An electronic citizen identification system facilitates the management of ePrescriptions, as well as COVID-19 testing and vaccination certificates. This established digital framework fosters a conducive environment for the integration of IoT medical devices.
The Czech healthcare system is increasingly prioritizing smart medical devices that utilize wireless IoT technology to connect patients with healthcare providers, allowing for the real-time transmission of critical data from various environments, including hospitals and home settings. This is especially relevant for remote patient monitoring, which is becoming more popular as a method for managing chronic illnesses and alleviating pressure on conventional healthcare resources. Although there are fewer public examples of extensive IoT device implementations in Czech hospitals compared to some Western European countries, the strategic emphasis on digital health, the established e-prescription system, and the focus on secure health information exchange provide a solid foundation for future advancements in this field. Additionally, testing and experimentation initiatives, such as those at the University of Brno, which collaborates with TEF-Health, support large-scale trials of AI software and robotics in realistic settings, reflecting a progressive outlook towards health technology.
A notable example of digital health implementation is the mandatory use of ePrescription (eRecept), which has enabled a shared pharmaceutical record accessible to citizens. An electronic citizen identification system facilitates the management of ePrescriptions, as well as COVID-19 testing and vaccination certificates. This established digital framework fosters a conducive environment for the integration of IoT medical devices.
The Czech healthcare system is increasingly prioritizing smart medical devices that utilize wireless IoT technology to connect patients with healthcare providers, allowing for the real-time transmission of critical data from various environments, including hospitals and home settings. This is especially relevant for remote patient monitoring, which is becoming more popular as a method for managing chronic illnesses and alleviating pressure on conventional healthcare resources. Although there are fewer public examples of extensive IoT device implementations in Czech hospitals compared to some Western European countries, the strategic emphasis on digital health, the established e-prescription system, and the focus on secure health information exchange provide a solid foundation for future advancements in this field. Additionally, testing and experimentation initiatives, such as those at the University of Brno, which collaborates with TEF-Health, support large-scale trials of AI software and robotics in realistic settings, reflecting a progressive outlook towards health technology.
Table of Contents
128 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. China IoT Medical Devices Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. IoT Medical Devices Market Key Market Dynamics
- 5.1 IoT Medical Devices Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. China IoT Medical Devices Market – Analysis
- 6.1 China IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 China IoT Medical Devices Market Revenue and Forecast Analysis
- 7. China IoT Medical Devices Market Analysis – by Product
- 7.1 China IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. China IoT Medical Devices Market Analysis – by Technology
- 8.1 China IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. China IoT Medical Devices Market Analysis – by Application
- 9.1 China IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. China IoT Medical Devices Market Analysis – by End User
- 10.1 China IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by End User
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.1 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.2 Partnerships and Collaborations
- 12.2 Other Developments
- 13. Company Profiles
- 13.1 Medtronic Plc
- 13.1. 1 Key Facts
- 13.1. 2 Business Description
- 13.1. 3 Products and Services
- 13.1. 4 Financial Overview
- 13.1. 5 SWOT Analysis
- 13.1. 6 Key Developments
- 13.2 GE HealthCare Technologies Inc
- 13.2. 1 Key Facts
- 13.2. 2 Business Description
- 13.2. 3 Products and Services
- 13.2. 4 Financial Overview
- 13.2. 5 SWOT Analysis
- 13.2. 6 Key Developments
- 13.3 Koninklijke Philips NV
- 13.3. 1 Key Facts
- 13.3. 2 Business Description
- 13.3. 3 Products and Services
- 13.3. 4 Financial Overview
- 13.3. 5 SWOT Analysis
- 13.3. 6 Key Developments
- 13.4 Abbott Laboratories
- 13.4. 1 Key Facts
- 13.4. 2 Business Description
- 13.4. 3 Products and Services
- 13.4. 4 Financial Overview
- 13.4. 5 SWOT Analysis
- 13.4. 6 Key Developments
- 13.5 Boston Scientific Corp
- 13.5. 1 Key Facts
- 13.5. 2 Business Description
- 13.5. 3 Products and Services
- 13.5. 4 Financial Overview
- 13.5. 5 SWOT Analysis
- 13.5. 6 Key Developments
- 13.6 Omron Healthcare Inc
- 13.6. 1 Key Facts
- 13.6. 2 Business Description
- 13.6. 3 Products and Services
- 13.6. 4 Financial Overview
- 13.6. 5 SWOT Analysis
- 13.6. 6 Key Developments
- 13.7 Baxter International Inc
- 13.7. 1 Key Facts
- 13.7. 2 Business Description
- 13.7. 3 Products and Services
- 13.7. 4 Financial Overview
- 13.7. 5 SWOT Analysis
- 13.7. 6 Key Developments
- 13.8 Siemens Healthineers AG
- 13.8. 1 Key Facts
- 13.8. 2 Business Description
- 13.8. 3 Products and Services
- 13.8. 4 Financial Overview
- 13.8. 5 SWOT Analysis
- 13.8. 6 Key Developments
- 13.9 Johnson & Johnson
- 13.9. 1 Key Facts
- 13.9. 2 Business Description
- 13.9. 3 Products and Services
- 13.9. 4 Financial Overview
- 13.9. 5 SWOT Analysis
- 13.9. 6 Key Developments
- 13.10 Dragerwerk AG & Co KGaA
- 13.10. 1 Key Facts
- 13.10. 2 Business Description
- 13.10. 3 Products and Services
- 13.10. 4 Financial Overview
- 13.10. 5 SWOT Analysis
- 13.10. 6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
- 14.2 List of Abbreviations
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