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Internet of Medical Things, Forecast to 2021

Internet of Medical Things, Forecast to 2021

Healthcare is one of the industries facing disruption by technological advances in the Internet of Things (IoT) space, and yet it is only partially aware of the advances, potential, and benefits. Almost 60% of healthcare organizations have already adopted healthcare IoT or Internet of Medical Things (IoMT), and realized cost savings, improved their profitability, visibility and customer experience. Indeed, IoMT serves the financial interests of healthcare industry stakeholders including investors, manufacturers, providers and physicians. It is well-suited to meet the needs of the transforming healthcare industry, by supporting the transition from disjointed care to coordinated care and reactive to proactive care-delivery approaches, for example. An estimated 4.5 billion IoMT devices existed in 2015, accounting for 30.3% of all IoT devices globally; this number is expected to grow to 20-30 billion IoMT devices by 2020. Capitalizing on this trend with the right applications for the right customers with the right partners and relevant business models is crucial for healthcare stakeholders to survive the fierce competition, which is supported by start-up companies and technology giants alike.

With IoMT, a connected ecosystem of sensors and devices on and around the individual serve to capture and measure, identify, stratify risks, inform, make decisions and take actions. With that underlying principle, the IoMT market has five application areas. The On Body area covers wearable devices such as smart devices, peripherals, and even implants. The In Home environment includes digital/virtual assistants, activity monitors, and home medical devices. Within the Community segment, automated kiosks, emergency response intelligence and mobility are application areas. In the Clinic segment, handheld medical devices and care-coordination technologies as well as administrative support tools are areas where IoMT is making its mark. The In Hospital area benefits from IoMT use for real-time location services, patient/personnel flow tools and smart, connected equipment for better inventory management and resource utilization.

This study covers the landscape of the Internet of Medical Things by application areas—on body, in home, community, in clinic, and in hospital. For each application area, IoT use cases, vendor landscape of over 100 IoMT stakeholders, potential opportunities and challenges have been covered. Additionally, analysis on business model considerations for IoMT stakeholders, case studies, and future perspectives has also been provided.

Key questions that this study will answer:
• What does the current IoMT market landscape look like? Which areas are being served, and by whom?
• What are the segment-specific challenges and opportunities for IoMT market incumbents and those considering entering the market?
• What strategies for success can be employed by stakeholders?
• What are the important business model considerations for IoMT stakeholders and new entrants?
• What are the future perspectives that IoMT industry stakeholders and new entrants should be aware of?


  • Executive Summary
    • Key Findings
    • Scope and Segmentation
    • Key Questions this Study will Answer
    • Market Engineering Measurements
    • IoMT Vendor Landscape
    • CEO's Perspective
    • Executive Summary-3 Big Predictions
  • Internet of Things-Overview
    • The Internet of Things (IoT) Revolution
    • Enabling Communication Technologies in IoT
    • Global Adoption Status of IoT
    • IoT Experience of Healthcare Organizations
  • Market Overview
    • Role of Digital Technology in Healthcare
    • IoT Convergence Potential-Interaction with Top 50 Technologies
    • Why will the Healthcare Industry Adopt IoT?
    • IoMT Enables Transition of Care Delivery
    • IoMT Technology Stack
    • Where IoMT Devices Stand Within the Larger IoT Ecosystem
    • IoMT Applications Overview
    • IoMT-Enabled Connected Healthcare Ecosystem
  • Dynamics Catalyzing Market Growth
    • Forces Driving the IoMT Market
    • Challenges for the IoMT Market
    • Market Drivers and Restraints
  • Forecasts-Total IoMT Market
    • Market Engineering Measurements
      • Table Total IoMT Market: Market Engineering Measurements, Global, 2016
    • Forecast Assumptions and Definitions
    • Revenue Forecast
      • Table Total IoMT Market: Revenue Forecast, Global, 2015-2021
    • Revenue Forecast by Segment
      • Table Total IoMT Market: Revenue Forecast by Segment, Global, 2015-2021
    • Revenue Forecast Discussion
    • Percent Revenue Forecast by Segment
  • Forecasts-On Body Segment
    • On Body Segment-Market Engineering Measurements
      • Table On Body Segment: Market Engineering Measurements, Global, 2016
    • On Body Segment-Revenue Forecast by Sub segment
      • Table On Body Segment: Revenue Forecast by Sub-segment, Global, 2015-2021
    • On Body Segment-Revenue Forecast Discussion
  • On Body Segment Analysis
    • On Body Segment-Biometrics Tracked by On Body Devices
    • On Body Segment-Devices to Enable Care Optimization
    • On Body Segment-User Group Mapping for On Body Devices
    • On Body Segment-Devices Vendor Landscape
    • On Body Segment-Select Novel On Body IoMT Devices and Applications
    • On Body Segment-IoMT Challenges
    • On Body Segment-Market Opportunities
    • On Body Segment-Strategies for Success
  • Forecasts-In Home Segment
    • In Home Segment-Market Engineering Measurements
      • Table In Home Segment: Market Engineering Measurements, Global, 2016
    • In Home Segment-Revenue Forecast Definitions
    • In Home Segment-Revenue Forecast by Sub segment
      • Table In Home Segment: Revenue Forecast by Sub-segment, Global, 2015-2021
    • In Home Segment-Revenue Forecast Discussion
  • In Home Segment Analysis
    • In Home Segment-IoMT Use Cases
    • In Home Segment-IoMT Vendor Landscape
    • In Home Segment-Select Novel In Home IoMT Devices and Applications
    • In Home Segment-IoMT For Chronic Disease Management
    • In Home Segment-Smart Home Health Applications
    • In Home Segment-Virtual Assistants
    • In Home Segment-IoMT Challenges
    • In Home Segment-Market Opportunities
    • In Home Segment-Strategies for Success
  • Forecasts-Community Segment
    • Community Segment-Market Engineering Measurements
      • Table Community Segment: Market Engineering Measurements, Global, 2016
    • Community Segment-Revenue Forecast Definitions
    • Community Segment-Revenue Forecast by Sub-segment
      • Table Community Segment: Revenue Forecast by Sub-segment, Global, 2015-2021
    • Community Segment-Revenue Forecast Discussion
  • Community Segment Analysis
    • Community Segment-IoMT Use Cases
    • Community Segment-IoMT Community Applications
    • Community Segment-Select IoMT Use Cases for Healthcare Logistics
    • Community Segment-IoMT Mobility Applications
    • Community Segment-Mobility IoMT Sensor Applications
    • Community Segment-Notable Community IoMT Applications
    • Community Segment-Public Health Impact of IoMT
    • Community Segment-IoMT Challenges
    • Community Segment-Market Opportunities
    • Learning from Failures-HealthSpot Kiosks
    • Community Segment-Strategies for Success
  • Forecasts-In Clinic Segment
    • In Clinic Segment-Market Engineering Measurements
      • Table In Clinic Segment: Market Engineering Measurements, Global, 2016
    • In Clinic Segment-Revenue Forecast Definitions
    • In Clinic Segment-Revenue Forecast
      • Table In Clinic Segment: Revenue Forecast, Global, 2015-2021
    • In Clinic Segment-Revenue Forecast Discussion
  • In Clinic Segment Analysis
    • In Clinic Segment-IoMT Use Cases Overview
    • In Clinic Segment-IoMT Vendor Landscape
    • In Clinic Segment-IoMT Enabled In Clinic Devices
    • In Clinic Segment-Select Novel In Clinic IoMT Devices and Applications
    • In Clinic Segment-IoMT Challenges
    • In Clinic Segment-Market Opportunities
    • In Clinic Segment-Strategies for Success
  • Forecasts-In Hospital Segment
    • In Hospital Segment-Market Engineering Measurements
      • Table In Hospital Segment: Market Engineering Measurements, Global, 2016
    • In Hospital Segment-Revenue Forecast Definitions
    • In Hospital Segment-Revenue Forecast by Sub-segment
      • Table In Hospital Segment: Revenue Forecast by Sub-segment, Global, 2015-2021
    • In Hospital Segment-Revenue Forecast Discussion
  • In Hospital Segment Analysis
    • In Hospital Segment-IoMT Applications
    • In Hospital Segment-IoMT Vendor Landscape
    • In Hospital Segment-Administrative Functions Use Cases
    • In Hospital Segment-Select IoMT In Hospital Use Cases
    • In Hospital Segment-Notable IoMT Solutions
    • In Hospital Segment-IoMT Challenges
    • In Hospital Segment-Market Opportunities
    • In Hospital Segment-Strategies for Success
  • Target Market and Partnering Considerations
    • Requisite IoMT Capabilities
    • Serving the IoMT Market
    • Targeting Care Delivery
    • Learning From 6 Common Points of Failure in IoMT
  • Select IoMT Participants
    • IoMT Industry Focus
    • Technology Companies' IoMT Applications
    • Technology Companies' IoT and Healthcare Implications
    • Notable IoMT Collaborations
  • Noteworthy Case Studies
    • On Body Segment-Alivecor Smartphone Connected Device
    • On Body Segment-OpenAPS Project for Diabetes
    • In Home Segment-Cue Portable Lab for Quick Tests
    • Community Segment-Automotive Industry
    • Community Segment-`Underworlds' Sewer Project
    • In Clinic Segment-Ekso Bionics Connected Exoskeletons
    • In Hospital Segment-Smart Hospitals
  • Future Perspectives
    • Data Analytics and Cloud Computing
    • Healthcare Cybersecurity
    • Tackling Cybersecurity Issues
    • Lowering Costs of IoMT Devices
    • Key Questions for IoMT Stakeholders to Consider
    • 3 Big Predictions
  • Appendix
    • Learn More-Next Steps

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