Internet-of-Medical-Things IoMT Market t
Internet-of-Medical-Things (IoMT) Market – Industry Trends &
Forecast to 2026 with key market like GENERAL ELECTRIC COMPANY; CARRÉ
TECHNOLOGIES INC.; Breathometer Inc.; Medtronic; Meru Health, Inc.; Boston
Scientific Corporation
Internet-of-Medical-Things
(IoMT) Market By Product Type (Smart Wearable Devices, Home-Use Medical
Devices, Point-Of-Care Kits), Services (On-Premise Based Services, Cloud-Based
Services)Application (Real-Time Monitoring, End-to-End Connectivity, Data
Assortment & Analysis, Tracking & Alerts, Remote Medical
Assistance),End-User (Hospitals & Clinics, Research Institutes &
Academics, Homecare) , Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global
Internet-of-Medical-Things (IoMT) Market
Global Internet-of-Medical-Things (IoMT) market is expected to
register a CAGR of 38.67% in the forecast period of 2021-2026. The report
contains data from the base year of 2018 and the historic year of 2017. This
rise in market value can be attributed to the efficiency of resources and
available infrastructure due to the usage of IoMT.
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Internet-of-Medical-Things (IoMT) market @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-internet-of-medical-things-iomt-market
Market Definition: Global
Internet-of-Medical-Things (IoMT) Market
Internet- of- Medical- Things (IoMT) is a specific category of
applications of the Internet of Things for healthcare services. This technology
enables the interconnectivity of medical devices over a common network which
results in exchange of valuable patient information helping in better delivery
of healthcare services. IoMT involves designing of specified health solutions
depending on the data collected through wearable medical devices.
Market Drivers
Increasing adoption of wearable devices and real-time healthcare
service provision with the adoption of IoMT; this factor is expected to drive
the market growth
Cutback on expenditure incurred by patients due to a reduction
of visitation to the physician, as IoMT helps in continuous monitoring of
health in individuals
Market Restraints
Concerns regarding privacy of data amid growing levels of
hacking and unauthorized access; this factor is expected to restrain the market
growth
Concerns associated with the lack of infrastructure and
requirement of skilled professionals; this factor is expected to restrain the
growth of the market
Segmentation: Global
Internet-of-Medical-Things (IoMT) Market
By Product Type
·
Smart
Wearable Devices
·
Home-Use
Medical Devices
·
Point-Of-Care
Kits
By Services
·
On-Premise
Based Services
·
Cloud-Based
Services
By Application
·
Real-Time
Monitoring
·
End-to-End
Connectivity
·
Data
Assortment & Analysis
·
Tracking
& Alerts
·
Remote
Medical Assistance
By End-User
·
Hospitals
& Clinics
·
Research
Institutes & Academics
·
Homecare
By Geography
·
North
America
·
U.S.
·
Canada
·
Mexico
·
Europe
·
Germany
·
Italy
·
U.K.
·
France
·
Spain
·
Netherlands
·
Belgium
·
Switzerland
·
Turkey
·
Russia
·
Rest
of Europe
·
Asia-Pacific
·
Japan
·
China
·
India
·
South
Korea
·
Australia
·
Singapore
·
Malaysia
·
Thailand
·
Indonesia
·
Philippines
·
Rest
of Asia-Pacific
·
South
America
·
Brazil
·
Rest
of South America
·
Middle
East and Africa
·
South
Africa
·
Rest
of Middle East & Africa
Key Developments in the Market:
In January 2019, Proteus Digital Health in partnership with
Fairview Health Services and University of Minnesota Health announced the
launch of digital oncology medicines for cancer patients significantly helping
in improving the outcomes of treatment. This digital technology helps the
patients in completing their oral chemotherapy course and provides physician’s
with patient information.
In March 2017, GENERAL ELECTRIC COMPANY announced that they had
acquired Monica Healthcare, expanding their Maternal-Infant Care business
division. This acquisition will help in innovations and enhanced product
offerings for expecting mothers and babies globally. Monica Healthcare is
focused on improving the birth experience for mothers by involving the usage of
wireless fetal monitoring devices.
Competitive Analysis:
Global
Internet-of-Medical-Things (IoMT) market is highly fragmented and the major
players have used various strategies such as new product launches, expansions,
agreements, joint ventures, partnerships, acquisitions, and others to increase
their footprints in this market. The report includes market shares of
Internet-of-Medical-Things (IoMT) market for global, Europe, North America,
Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global
Internet-of-Medical-Things (IoMT) market are LifeFuels Inc.; GENERAL ELECTRIC
COMPANY; CARRÉ TECHNOLOGIES INC.; Breathometer Inc.; Medtronic; Meru Health,
Inc.; Boston Scientific Corporation; Atlas Wearables, Inc.; Proteus Digital
Health; NeuroMetrix, Inc.; Honeywell International Inc.; VitalConnect; Ekso
Bionics; BL Healthcare, Inc; BioSerenity; Preventice Solutions, Inc.; Lenovo;
Vitls Inc.; AliveCor, Inc. and Chrono Therapeutics Inc.
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