Global Internet of Things Sensors in Healthcare Market
Dublin, Oct. 20, 2023 (GLOBE NEWSWIRE) — The "Internet of Things (IoT) Sensors in Healthcare: Global Markets and Technologies" report has been added to ResearchAndMarkets.com's offering.
Global Internet of Things (IoT) Sensors in Healthcare market is projected to reach a value of $8.6 billion by 2028 from $2.9 billion in 2023, growing at a CAGR of 24.6%
The current report offers a detailed picture of IoT sensors in the healthcare market. This report highlights the current and future market potential for IoT sensors in healthcare and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities, and trends in the market.
The rapid growth of the market for IoT sensors in healthcare is expected to continue during the forecast period. Numerous advantages of IoT sensor integration in healthcare systems have fueled demand for such technologies. Wearable gadgets such as remote monitoring devices, smartwatches and fitness trackers frequently utilize Internet of Things (IoT) sensors.
IoT sensors can help users live healthier lives by monitoring their activity levels and health parameters, in addition to providing early detection of health problems. IoT sensors are also integrated into medical devices such as cardiac monitors, blood glucose monitors and respiratory devices to enhance patient care and treatment effectiveness.
The ability of the IoT to enable continuous monitoring, remote patient monitoring, disease management, sports performance tracking and wearable medical sensors has altered the healthcare and fitness landscape. Technology breakthroughs, data analytics skills and the increasing focus on proactive and personalized healthcare have fueled and influenced the adoption of IoT sensors. IoT integration in wearable sensors led to more developments and wider adoption of wearable sensor technology in the healthcare industry.
In the medical industry, technological advancement is changing the face of IoT sensors. The integration of artificial intelligence (AI) is a key development in the sensors industry. AI is increasingly included in IoT medical sensors to increase the precision and efficacy of healthcare delivery. IoT medical sensor data can be analyzed using AI to identify patterns and trends that could indicate a health issue. For instance, in a person with diabetes, AI can assess blood glucose monitor data to identify early warning indications.
In September 2021, Apple launched the Apple Watch series 7. The watch offers several health-tracking features, including a blood oxygen sensor and an electrocardiogram (ECG) app. The blood oxygen sensor can be used to track oxygen levels in the blood and the ECG app can be used to detect atrial fibrillation. Both features use AI to analyze data from the product's sensors.
North America is the largest market for IoT sensors in healthcare, then Europe and Asia-Pacific. The increasing prevalence of chronic diseases is pushing growth in the North American market, along with the growing adoption of IoT devices in healthcare and the increasing demand for remote patient monitoring. Market growth in this region is also being fueled by technological development of IoT sensors.
The report also covers market projections through 2028 and key market players. This report discusses IoT sensors in healthcare and their various resources. It covers the overall IoT sensors in the healthcare market, including IoT sensors and software products.
Estimated values are based on revenue from IoT sensors in healthcare companies as total revenues. Projected and forecasted revenue values are in constant U.S. dollars that have not been adjusted for inflation.
Report Includes
Analyses of the global market trends, with market revenue data (sales figures) for 2022, estimates for 2023, 2024, 2026, and projections of compound annual growth rates (CAGRs) through 2028
Discussion of the major growth drivers, opportunities and challenges, technology updates, and impacts of various macroeconomic variables influencing the market for IoT sensors in healthcare as a basis for projecting demand in the next few years (2023-2028)
Estimation of the actual market size and revenue forecast for the global IoT sensors in healthcare market in USD million values, and corresponding market share analysis based on technology type, application, end-use product, and region
In-depth information (facts and figures) concerning the major factors influencing the progress of this market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, prospects, and contributions to the overall market
Review of the key patents grants and patent applications on IoT sensors in healthcare industry, along with emerging technologies and new developments in the global market over a brief period
Understanding of the importance of ESG in IoT sensors market in healthcare applications, consumer attitudes, new developments, and ESG practices in the global IoT sensors in healthcare industry
Insight into the industry structure for IoT sensors in healthcare, competitive aspects of each product segments, increasing R&D investments, market growth strategies, and company value share analysis
Updated information on recent competitive developments, such as merger and acquisition (M&A) activities, venture fundings, and other impactful growth strategies in the global market
Identification of the major stakeholders and analysis of the company competitive landscape based on their recent developments, operational integration, and segmental revenues
Detailed company profiles of the leading market players, including
TE connectivity
STMicroelectronics
Analog Devices
Microchip
On Semiconductor
Key Attributes:
Report Attribute
Details
No. of Pages
103
Forecast Period
2023 – 2028
Estimated Market Value (USD) in 2023
$2.9 Billion
Forecasted Market Value (USD) by 2028
$8.6 Billion
Compound Annual Growth Rate
24.6%
Regions Covered
Global
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Sensors in Healthcare
Iot in Healthcare
Fertility Tracking
Personal Meditation Assistant
Biomonitoring
Wellness Devices
Cardiovascular Applications
Mhealth
Porter 5 Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitute
The Intensity of Competitive Rivalry
Regulatory Framework
Fda and IoT Devices
Covid-19 Impact Analysis
Chapter 4 Market Dynamics
Drivers
High Growth in Wearable Devices
Increased Adoption of Eldercare
Challenges
Privacy and Security Issues
Low Latency
Opportunities
Technological Advancement
Chapter 5 Global Internet of Things (Iot) Sensors in the Healthcare Market by Technology Type
Overview
Hardware
Market Size and Forecast
Software
Market Size and Forecast
Chapter 6 Global Internet of Things (Iot) Sensors in Healthcare Market by End-Use Product
Overview
Implantable
Market Size and Forecast
Wearable
Market Size and Forecast
Others (Portable and Static)
Market Size and Forecast
Chapter 7 Global Internet of Things (Iot) Sensors in the Healthcare Market by Application
Overview
Patient Monitoring
Market Size and Forecast
Behavioral Therapy Administration
Diagnostics
Treatment
Chapter 8 Global Internet of Things (Iot) Sensors in the Healthcare Market by Region
Overview
North America
U.S.
Canada
Europe
Germany
Italy
U.K.
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of the World
Chapter 9 Environmental, Social and Governance (Esg) Developments
Overview
Esg Performance in IoT Sensors in Healthcare Market
Environmental Impact
Social Impact
Governance Impact
Current Status of Esg in the IoT Sensors in the Healthcare Market
Consumer Attitudes Towards Esg in IoT Sensors in Healthcare Market
Esg Practices in the IoT Sensors in Healthcare Market
Case Study
Sustainable Technology
Sustainable Way
Concluding Remarks
Chapter 10 Emerging Technologies and Developments
Overview
Current Market Trends
Key Market Trends
Ai Integration in Wearable Medical Devices
Edge Computing
Smart Home Healthcare
Chapter 11 Patent Analysis
Chapter 12 Competitive Intelligence
Market Share Analysis
Key Strategies
Chapter 13 Company Profiles
Analog Devices Inc.
Bourns Sensors GmbH
Cts Corp.
Emerson Electric Co.
Es Systems
Flexpoint Sensor Systems Inc.
Flintec GmbH
Interlink Electronics Inc.
Microchips
Omron Corp.
On Semiconductor
Stmicroelectronics N.V.
Te Connectivity Ltd.
Texas Instruments Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ekgiup
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Global Internet of Things Sensors in Healthcare Market
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