Press release
Global Internet-of-Medical-Things (IoMT) Market Industry Growth, Competitive Analysis and Future Prospects || LifeFuels Inc.; GENERAL ELECTRIC COMPANY; CARRÉ TECHNOLOGIES INC.; Breathometer Inc.; Medtronic; Meru Health, Inc.; Boston Scientific Corporatio
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 2019-2026. 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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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.
It becomes easy to achieve supreme level of market insights and obtain knowhow of the best market opportunities into the specific markets with this Global Internet-of-Medical-Things (IoMT) Market report. The report lists down the company profiles of major market players and brands which explore their actions about product launches, product enhancements, joint ventures, mergers and acquisitions with respect to effect on the sales, import, export, revenue and CAGR values. These Global Internet-of-Medical-Things (IoMT) Marketreport aids to establish correlative relationship between the product brand and consumers’ needs and preferences. To acquire best quality market data and information specific to the niche and business requirements, this market report has a lot to offer.
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.
Global 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 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
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.
Table of Contents:
Introduction
Market Segmentation
Market Overview
Executive Summary
Premium Insights
By Component
Product Type
Delivery
Industry Type
Geography
Overview
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Company Landscape
Company Profiles
Related Reports
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Reasons to Purchase this Report
Current and future of global Internet-of-Medical-Things (IoMT) market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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