Market Research Logo

Internet of Medical Things (IoMT) Revolutionizing Healthcare

Internet of Medical Things (IoMT) Revolutionizing Healthcare

As consumers take more responsibility of their own health and demand better access to their medical data, the process of extracting this data to provide meaningful insights needs an incremental change. In the next few years, advanced, connected and smarter patient monitoring devices will be available to consumers that will be able to gather real-time data including genetics and lifestyle behavior. This will help the IoMT market grow at a significant rate.

Internet of Medical Things (IoMT) is an amalgamation of medical devices and applications that can connect to healthcare information technology (IT) systems using networking technologies. It connects patients to their physicians and allows transfer of medical data over a secure network, which in turn reduces unnecessary hospital visits and reduces the burden on healthcare systems largely. This research service evaluates the role played by networked devices and analytics in enabling digital healthcare transformation.

Key questions answered in this study:
1. How internet of medical things (IoMT) differ from mobile healthcare technologies in improving the quality and reliability of healthcare infrastructure?
2. What is the role played by advanced computing techniques and analytics in secure storage, transmission and decoding of voluminous data over long distances by the use of IoMT?
3. How can IoMT enable clinicians to reliably use medical data in the process of making decisions for improving treatment for a variety disorders?
4. What is the role played by IoMT in securing critical clinical data from cyber and phishing attacks, preventing loss of medical data or leak of patient's medical history?

  • Executive Summary
    • Scope of Research
    • Research Process Methodology
    • Research Methodology Explained
    • Key Findings
  • Technology Snapshot
    • Snapshot of Key Parameters in IoMT
    • Conventional to Digital Transformation of Healthcare
    • IoMT Offers Substantial Reduction in Healthcare Spending
  • Product Evaluation and Assessment
    • Networked Medical Devices form the Base of mHealth's Success
    • Innovation Ecosystem of Home Monitoring Devices
    • Innovation Ecosystem of Devices Improving Clinical Efficiency
    • Innovation Ecosystem of Devices Housing Clinical-grade Biometric Sensors
    • Innovation Ecosystem of Companies Employing Brain Sensors
    • Innovation Ecosystem of Fitness Tracking Devices
    • Innovation Ecosystem of Sleep and Infant Monitoring Devices
    • Artificial Intelligence Platform from IBM Delivers Actionable Insights to the Physician
  • Process Evaluation and Assessment
    • Role of High-speed Networking Technologies in the Success of IoMT
    • Analytics Infrastructure Is Imperative for Complete Digital Transformation
    • Power of Mobile Applications in Delivering Quality Care to the Consumer
  • Stakeholder Evaluation and Assessment
    • Regulations and Reimbursement Jointly Assist in the Success of IoMT
    • Trends Disrupting Healthcare Insurance
    • Potential Models that Could be Adopted by Payers to Sustain their Growth
    • Regulations and Policies Essential for Favorable Outcomes in the IoMT Market
    • Evolution of Hospitals to a Patient-centered Approach
    • Growth of IoMT Has Reduced Direct Patient-Physician Interaction and Eased Healthcare Systems
    • Evolution of Research and Development as a Result of IoMT
  • Impact Assessment and Analysis
    • Market Drivers
    • High Speed Networking Technologies are a Major Driver in IoMT Market
    • Increasing Focus on Analytics Improves the Success of IoMT
    • Market Challenges
    • Lack of Secure Networks can Halt the Growth of IoMT Market
    • Voluminous Clinical Data is a Major Challenge to Conquer
    • Regional Adoption of Networked Devices and IoMT
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1: Secure Patient Data Transfer
    • Growth Opportunity 2: Digital Healthcare Transformation
    • Growth Opportunity 3: Remote Patient Monitoring
    • Growth Opportunity 4: Database Management
    • Growth Opportunity 5: Cognitive Coaching Applications
    • Strategic Imperatives for Success and Growth of IoMT Market
  • Analyst Insights
    • Strategic Recommendations for Global Manufacturers
  • Key Contacts and Patents
    • Global Patents on IoMT Market
    • Key Contacts

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report