Report ID: SQMIG35G2098
Report ID:
SQMIG35G2098 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|
Tables:
92 |
Figures:
76
Internet of Things (IoT) in Healthcare Market size was valued at USD 215.84 billion in 2019 and is poised to grow from USD 252.1 billion in 2023 to USD 1019.91 billion by 2031, growing at a CAGR of 16.8% in the forecast period (2024-2031).
The full application of internet of things (IoT) in the healthcare service supports medical service providers to function more competently and patients to receive better treatment. IoT in the healthcare market consists primarily of sensors, software, and information processing systems, among other things.
The increase of IoT in healthcare has demonstrated the greatest growth due to increased demands for medical devices in health care centres and an increasing number of active patients on a regular basis, in addition to a greater focus on medical devices that are highly efficient and produce good results in a short period of time.
The Internet of Things (IoT) in healthcare connects all gadgets and operating machinery and facilitates data transfer and storage through the use of the internet. There are astounding benefits that could improve the quality and efficiency of treatments, thereby improving the health of elderly patients which will eventually drive the internet of things (IoT) market growth over the forecast period (2024-2031).
To control the disease's spread, governments from several countries have levied rules and regulations and have caused shut down of countries, transportation was halted, and curfews were imposed. The increased number of covid-19 positive patients boosted the number of testing procedures and the expansion of IoT in the healthcare market.
US Internet of Things (IoT) in Healthcare Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONInternet of Things (IoT) in Healthcare Market size was valued at USD 215.84 billion in 2019 and is poised to grow from USD 252.1 billion in 2023 to USD 1019.91 billion by 2031, growing at a CAGR of 16.8% in the forecast period (2024-2031).
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Report ID: SQMIG35G2098