Market Research Logo

Global Internet of Things Market in the Healthcare Sector 2016-2020

About the Internet of Things (IoT) Market in Healthcare Sector

IoT is a web of physical devices connected to the Internet, enabled by sensors and software to collect and transmit data. Using IoT users can collect massive amount of data and convert into meaningful information by with the help of advance analytics techniques. The concept of IoT has evolved with the introduction of automated machines, such as automated teller machines (ATMs) and advanced interaction technologies like machine-to-machine (M2M) and human-to-machine (H2M). All these allow the users to establish seamless communications.

Technavio’s analysts forecast the global internet of things (IoT) market in healthcare sector to grow at a CAGR of 36.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global internet of things (IoT) market in healthcare sector for 2016-2020. To calculate the market size, we consider revenue generated from segments, such as medical devices, software and system applications, and connecting technologies.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Internet of Things (IoT) Market in Healthcare Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cisco Systems
  • GE Healthcare
  • Philips Healthcare
  • IBM
  • Qualcomm
Other prominent vendors
  • Ericsson
  • Honeywell Life Care Solutions
  • Intel
  • Medtronic
  • Microsoft
  • NXP
  • SAP
  • Stanley Healthcare
  • Temboo
  • Cognizant
  • Zebra Technologies
Market driver
  • Highly competitive IoT market
  • For a full, detailed list, view our report
Market challenge
  • High cost of implementation
  • For a full, detailed list, view our report
Market trend
  • Developments in sensor technologies and communication devices
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Internet Of Things (IoT) Market in Healthcare Sector 2016-2020

Technavio recognizes the following companies as the key players in the global internet of things (IoT) market in healthcare sector: Cisco Systems, GE Healthcare, Philips Healthcare, IBM, and Qualcomm.

Other Prominent Vendors in the market are: Ericsson, Honeywell Life Care Solutions, Intel, Medtronic, Microsoft, NXP, SAP, Stanley Healthcare, Temboo, Cognizant, and Zebra Technologies.

Commenting on the report, an analyst from Technavio’s team said: “One trend that will continue to boost market growth is continuing development in sensor technologies and communication devices. Advances in sensor technologies and innovations in material sciences have led to proliferation of different types of sensors. The expansion in sensor types has increased the availability and affordability of sensors for all industries to consume. These sensors are in high demand due to their advantages such as low power consumption and affordable prices. As a result of the automation of several processes in industries, IT is becoming an integral part of industrial automation and thus as industries embrace IoT, there are many opportunities for IT players.”

According to the report, a key growth driver is the highly competitive IoT market. With the rise in digital transformation, many companies are entering into the healthcare IoT space. Honeywell, Stanley, Philips Healthcare, and IBM have introduced application program interface (API) support for their IoT-programmed products. These products have become one of the advanced technological widgets that bring together application, devices, data, and the cloud. They help establish communications between different sensors deployed over multiple medical devices to analyze data on the cloud. API-enabled IoT services are a critical part of the hospital ecosystem and help hospitals to take preventive action for patients.

Further, the report states that one challenge that could hamper market growth is the high cost of implementation.



Companies Mentioned

Cisco Systems, GE Healthcare, Philips Healthcare, IBM, Qualcomm, Ericsson, Honeywell Life Care Solutions, Intel, Medtronic, Microsoft, NXP, SAP, Stanley Healthcare, Temboo, Cognizant, Zebra Technologies.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Countries covered for market analysis
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Market overview
      • Table General architecture of healthcare IoT applications
      • Table Segmentation of IoT market in the healthcare sector
    • Economic overview of global healthcare market
    • Economic impact of IoT
    • Market size and forecast
      • Table Global IoT market in the healthcare sector 2015-2020
    • Five forces analysis
      • Table Five forces analysis
  • Product segmentation
    • Global IoT market in the healthcare sector by product
      • Table Global IoT market in the healthcare sector by product 2015
      • Table Global IoT market in the healthcare sector by product segmentation 2015-2020
    • Medical devices
      • Table Global IoT-enabled medical devices market 2015-2020 ($ billions)
    • Software and system applications
      • Table Global IoT-based healthcare software and system applications market 2015-2020 ($ billions)
    • Connecting technologies
      • Table Global IoT-based healthcare connecting technologies market 2015-2020 ($ billions)
  • Geographical segmentation
    • Geographical segmentation of global IoT market in the healthcare sector
      • Table Geographical segmentation of global IoT market in the healthcare sector 2015
      • Table Geographical segmentation of global IoT market in the healthcare sector 2015-2020
    • Americas
      • Table IoT market in the healthcare sector in Americas 2015-2020 ($ billions)
    • APAC
      • Table IoT market in the healthcare sector in APAC 2015-2020 ($ billions)
    • EMEA
      • Table IoT market in the healthcare sector in EMEA 2015-2020 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table IoT-enabled connected medical device offerings
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Cisco Systems
      • Table Cisco Systems: IoT solutions
      • Table Cisco Systems: Recent development
    • GE Healthcare
      • Table GE Healthcare: Recent developments
    • Philips Healthcare
      • Table Philips Healthcare: Product portfolio
      • Table Philips Healthcare: Recent developments
    • IBM
      • Table IBM: IoT solutions
      • Table IBM: Healthcare solutions
    • Qualcomm
      • Table Qualcomm: IoT solutions
      • Table Qualcomm: IoT intelligence solutions
      • Table Qualcomm: IoT Connectivity solutions
      • Table Qualcomm: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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