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Global Internet-of-Medical-Things (IoMT) Market Analysis including Growth Factors, New Top Players, Competitive Analysis by regions from 2020 to 2027

Global Internet-of-Medical-Things (IoMT) Market

Global Internet-of-Medical-Things (IoMT) Market–Industry Trends and Forecast to 2028” focuses on the major drivers and restraints for the key players. These research report also provides Comprehensive analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Report is a professional and in-depth study on the current state of Industry. With 350 pages, 60 Figures And 220 Tables in it

Global Internet-of-Medical-Things (IoMT) Market report provides key statistics on the market status of the industry manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Global Internet-of-Medical-Things (IoMT) Market industry. Research market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. top key players and new comers in industry, competitive landscape, sales, price, revenue, gross margin, market share, market risks, opportunities, market barriers, and challenges.key statistics on the market status.

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.

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

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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:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography
    • Overview
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  11. Company Landscape
  12. Company Profiles
  13. 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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