
Global & South Africa IoT Medical Devices Market to 2033
Description
Spain is experiencing rapid growth in the market for IoT medical devices, fueled by its sophisticated public healthcare system, an aging demographic, and a strong governmental focus on digital health initiatives. The National Health System's Digital Health Strategy 2021–2026 highlights the importance of utilizing digital technologies, including IoT, to enhance public health outcomes.
A major area of growth is remote patient monitoring. With approximately 19.7% of the population aged 65 and older in 2021, as reported by the Instituto Nacional de Estadistica, and a high prevalence of chronic conditions like diabetes (14.8%), there is a pressing need for home-based IoT solutions. For example, the Germans Trias i Pujol Hospital in Barcelona initiated the SESHAT project in the fourth quarter of 2023, which employs Masimo W1 medical watches and Radius VSM wearable monitors for managing patients remotely, with the goal of providing predictive care, according to a news release from Masimo in June 2024.
Spain's substantial investment in digital healthcare infrastructure, combined with the growing adoption of telemedicine and mobile health (mHealth) solutions, positions the country for ongoing growth in the IoT medical devices sector.
A major area of growth is remote patient monitoring. With approximately 19.7% of the population aged 65 and older in 2021, as reported by the Instituto Nacional de Estadistica, and a high prevalence of chronic conditions like diabetes (14.8%), there is a pressing need for home-based IoT solutions. For example, the Germans Trias i Pujol Hospital in Barcelona initiated the SESHAT project in the fourth quarter of 2023, which employs Masimo W1 medical watches and Radius VSM wearable monitors for managing patients remotely, with the goal of providing predictive care, according to a news release from Masimo in June 2024.
Spain's substantial investment in digital healthcare infrastructure, combined with the growing adoption of telemedicine and mobile health (mHealth) solutions, positions the country for ongoing growth in the IoT medical devices sector.
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. South Africa 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. South Africa IoT Medical Devices Market – Analysis
- 6.1 South Africa IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 South Africa IoT Medical Devices Market Revenue and Forecast Analysis
- 7. South Africa IoT Medical Devices Market Analysis – by Product
- 7.1 South Africa IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. South Africa IoT Medical Devices Market Analysis – by Technology
- 8.1 South Africa IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. South Africa IoT Medical Devices Market Analysis – by Application
- 9.1 South Africa IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. South Africa IoT Medical Devices Market Analysis – by End User
- 10.1 South Africa 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
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.