Market Overview:
The global IoT sensors in healthcare market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into patient monitoring, diagnostics, clinical efficiency, and other segments. The patient monitoring segment accounted for the largest share of the global IoT sensors in healthcare market in 2017 and is expected to grow at a CAGR of 17% during the forecast period from 2018 to 2030. This growth can be attributed to increasing demand for remote patient monitoring solutions across various regions due to rising prevalence of chronic diseases such as diabetes and heart diseases.
Product Definition:
IoT sensors are devices that can collect and transmit data over a network. They are used in many different industries, including healthcare. IoT sensors in healthcare can be used for a variety of purposes, such as monitoring patients' health or tracking medical equipment. They are important because they can help caregivers keep track of patients' health and ensure that equipment is working properly.
Patient Monitoring:
Patient monitoring is the process of tracking and observing a patient's vital signs such as temperature, blood pressure, and other body parameters. The data obtained from these devices is then transferred to the physician for further analysis. Patient monitoring has been around for decades; however, with technological advancements it has become more accessible and affordable.
Diagnostics:
The global diagnostics and it's usage in IoT sensors in healthcare market size was valued at USD 1.8 billion in 2017 and is expected to grow at a CAGR of XX% over the forecast period. Increasing demand for home healthcare, remote patient monitoring, point-of-care testing, telemedicine services are some of the key factors driving growth during the forecast period.
Application Insights:
The market is segmented into hospitals, clinical research organizations (CROs), rehabilitation centers, and others. Hospitals held the largest share in 2017 owing to the increasing prevalence of chronic diseases and rising geriatric population across the globe. Moreover, growing investments by governments in healthcare infrastructure development are expected to boost IoT sensors applications in hospitals over the forecast period.
Clinical Research Organizations (CROs) are anticipated to register highest CAGR over the forecast period owing to extensive usage of IoT sensors for monitoring patients during medical trials as well as for gathering data from different angles such as physiological data from animal studies or human trials etc., through continuous monitoring systems at a global level thus generating higher revenue opportunities for CRO¢â‚¬â„¢s than other segments over the forecast period.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to the presence of major players, increased adoption of IoT technologies and rising demand for efficient healthcare delivery. The U.S. dominated the regional market with more than 80% share in 2017 due to high investments by government organizations for improving healthcare infrastructure and rapid technological advancements across various medical fields such as oncology, cardiology, diabetes care & monitoring systems etc.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to increasing penetration of internet users and growing awareness about connected devices in this region which eventually leads into improved patient care & management outcomes resulting into cost savings for hospitals/clinics/rehabilitation centers as well as insurance providers (Payer).
Growth Factors:
- Increasing demand for better patient care and safety
- Growing geriatric population and their healthcare needs
- Rising prevalence of chronic diseases and other health conditions
- Proliferation of digital health technologies and services
- Government initiatives to promote the adoption of IoT sensors in healthcare
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Sensors in Healthcare Market Research Report
By Type
Patient Monitoring, Diagnostics, Clinical Efficiency, Other
By Application
Hospitals, Clinical Research Organizations (CROs), Rehabilitation Centers, Residential, Other
By Companies
JTAG Technologies, CHECKSUM, Testonica Lab, ASSET InterTech, Acculogic, Flynn Systems, Etoolsmiths, XJTAG, CORELIS (EWA Technologies), Keysight Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global IoT Sensors in Healthcare Market Report Segments:
The global IoT Sensors in Healthcare market is segmented on the basis of:
Types
Patient Monitoring, Diagnostics, Clinical Efficiency, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinical Research Organizations (CROs), Rehabilitation Centers, Residential, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JTAG Technologies
- CHECKSUM
- Testonica Lab
- ASSET InterTech
- Acculogic
- Flynn Systems
- Etoolsmiths
- XJTAG
- CORELIS (EWA Technologies)
- Keysight Technologies
Highlights of The IoT Sensors in Healthcare Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Patient Monitoring
- Diagnostics
- Clinical Efficiency
- Other
- By Application:
- Hospitals
- Clinical Research Organizations (CROs)
- Rehabilitation Centers
- Residential
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Sensors in Healthcare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT sensors are devices that collect data from physical objects and systems in order to create insights for improving the performance of those objects or systems. This can include things like monitoring temperature, humidity, air quality, and movement within a building.
Some of the major companies in the iot sensors in healthcare market are JTAG Technologies, CHECKSUM, Testonica Lab, ASSET InterTech, Acculogic, Flynn Systems, Etoolsmiths, XJTAG, CORELIS (EWA Technologies), Keysight Technologies.
The iot sensors in healthcare market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT Sensors in Healthcare Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IoT Sensors in Healthcare Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT Sensors in Healthcare Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IoT Sensors in Healthcare Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IoT Sensors in Healthcare Market Size & Forecast, 2018-2028
4.5.1 IoT Sensors in Healthcare Market Size and Y-o-Y Growth
4.5.2 IoT Sensors in Healthcare Market Absolute $ Opportunity
Chapter 5 Global IoT Sensors in Healthcare Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IoT Sensors in Healthcare Market Size Forecast by Type
5.2.1 Patient Monitoring
5.2.2 Diagnostics
5.2.3 Clinical Efficiency
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT Sensors in Healthcare Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IoT Sensors in Healthcare Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinical Research Organizations (CROs)
6.2.3 Rehabilitation Centers
6.2.4 Residential
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT Sensors in Healthcare Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IoT Sensors in Healthcare Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IoT Sensors in Healthcare Analysis and Forecast
9.1 Introduction
9.2 North America IoT Sensors in Healthcare Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IoT Sensors in Healthcare Market Size Forecast by Type
9.6.1 Patient Monitoring
9.6.2 Diagnostics
9.6.3 Clinical Efficiency
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IoT Sensors in Healthcare Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinical Research Organizations (CROs)
9.10.3 Rehabilitation Centers
9.10.4 Residential
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IoT Sensors in Healthcare Analysis and Forecast
10.1 Introduction
10.2 Europe IoT Sensors in Healthcare Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IoT Sensors in Healthcare Market Size Forecast by Type
10.6.1 Patient Monitoring
10.6.2 Diagnostics
10.6.3 Clinical Efficiency
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IoT Sensors in Healthcare Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinical Research Organizations (CROs)
10.10.3 Rehabilitation Centers
10.10.4 Residential
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IoT Sensors in Healthcare Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT Sensors in Healthcare Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IoT Sensors in Healthcare Market Size Forecast by Type
11.6.1 Patient Monitoring
11.6.2 Diagnostics
11.6.3 Clinical Efficiency
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IoT Sensors in Healthcare Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinical Research Organizations (CROs)
11.10.3 Rehabilitation Centers
11.10.4 Residential
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IoT Sensors in Healthcare Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT Sensors in Healthcare Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IoT Sensors in Healthcare Market Size Forecast by Type
12.6.1 Patient Monitoring
12.6.2 Diagnostics
12.6.3 Clinical Efficiency
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IoT Sensors in Healthcare Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinical Research Organizations (CROs)
12.10.3 Rehabilitation Centers
12.10.4 Residential
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IoT Sensors in Healthcare Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT Sensors in Healthcare Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IoT Sensors in Healthcare Market Size Forecast by Type
13.6.1 Patient Monitoring
13.6.2 Diagnostics
13.6.3 Clinical Efficiency
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IoT Sensors in Healthcare Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinical Research Organizations (CROs)
13.10.3 Rehabilitation Centers
13.10.4 Residential
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IoT Sensors in Healthcare Market: Competitive Dashboard
14.2 Global IoT Sensors in Healthcare Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JTAG Technologies
14.3.2 CHECKSUM
14.3.3 Testonica Lab
14.3.4 ASSET InterTech
14.3.5 Acculogic
14.3.6 Flynn Systems
14.3.7 Etoolsmiths
14.3.8 XJTAG
14.3.9 CORELIS (EWA Technologies)
14.3.10 Keysight Technologies
