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- Global Internet of Things Medical Devices Market – Size, Outlook, Trends and Forecast (2023 – 2030)
Internet of things has many applications in medical devices from remote monitoring to smart sensor medical device integration. IoT medical devices market will be growing at a CAGR of XX% to reach $XX Billion by 2025 from $XX Billion in 2019 during 2019-2025. The key attributes responsible for the growth of the IoT medical devices market are rising investments for implementation of IoT solutions, technological advancement, rising need for cost containment in healthcare delivery and increase in penetration of smartphones. Low doctor-to-patient ratio leading to increased dependency on self-operated eHealth platforms and increase in low-power wide-area networks are creating profitable opportunities in the IoT medical devices market.
Research Study Objectives:
- Define, estimate, and forecast the IoT Medical Devices market statistics by product, device type, connectivity technology, end user and regions concerning the individual growth drivers, market trends and their contribution toward the IoT Medical Devices market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the IoT Medical Devices Market Analysis
- Analysis and conclusions on the future IoT Medical Devices market outlook.
Top-down and bottom-up approaches are used to validate the IoT Medical Devices Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The IoT Medical Devices Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the IoT Medical Devices market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Internet of Things Medical Devices market segmentation is as follows:
By Product
- Imaging systems
- Vital signs monitoring systems
- Implantable cardiac devices
- Patient monitors
- Respiratory devices
- Infusion pumps
- Anaesthesia machines
- Neurological devices
- Hearing devices
- Fetal monitoring devices
- Ventilators
- Other products
By Device Type
- Stationary medical devices
- Implantable medical devices
- Wearable medical devices
- Other IoT medical devices
By Connectivity Technology
- Bluetooth
- ZigBee
- Wi-Fi
- Others
By End User
- Hospital & Clinics
- Nursing homes
- Assisted living facilities
Geographical Analysis:
IoT Medical Devices Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the IoT Medical Devices Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Internet of Things (IoT), Medical Devices Market Research Report,
Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant IoT Medical Devices market players, such as
- Huawei Technologies
- GE Healthcare
- Philips Healthcare
- Siemens
- Abbott Laboratories
- Along with these companies, many other companies are considered in the report while analysing the Global IoT Medical Devices Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
CHAPTER 1. INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2. RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3. MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Rising investments for implementation of IoT solutions
4.1.2. Increasing penetration of smartphones
4.1.3. Technological advancements
4.1.4. Rising need for cost-containment in healthcare delivery
4.2. Market Restraints & Challenges
4.2.1. Reluctance in deploying IoT solutions
4.2.2. Data security & privacy concerns
4.2.3. High implementation cost
4.3. Market Opportunities
4.3.1. Low doctor-to-patient ratio leading to increased dependency on self-operated eHealth platforms
4.3.2. Increase in low-power wide-area networks (LPWANs)
CHAPTER 5. GLOBAL IOT MEDICAL DEVICES MARKET – BY PRODUCT
5.1. Imaging systems
5.2. Vital signs monitoring devices
5.2.1. Blood glucose monitors
5.2.2. ECG/Heart rate monitors
5.2.3. Blood pressure monitors
5.2.4. Multi-parameter monitors
5.2.5. Oximeters
5.3. Implantable cardiac devices
5.3.1. Implantable cardioverter defibrillators
5.3.2. Pacemakers
5.3.3. Implantable cardiac monitors
5.4. Patient monitors
5.5. Respiratory devices
5.6. Infusion pumps
5.7. Anaesthesia machines
5.8. Neurological devices
5.9. Hearing devices
5.10. Fetal monitoring devices
5.11. Ventilators
5.12. Other products
CHAPTER 6. GLOBAL IOT MEDICAL DEVICES MARKET – BY DEVICE TYPE
6.1. Stationary medical devices
6.2. Implantable medical devices
6.3. Wearable medical devices
6.4. Other IoT medical devices
CHAPTER 7. GLOBAL MEDICAL DEVICES MARKET – BY CONNECTIVITY
TECHNOLOGY
7.1. Bluetooth
7.2. ZigBee
7.3. Wi-Fi
7.4. Others
CHAPTER 8. GLOBAL IOT MEDICAL DEVICES MARKET – BY END USER
8.1. Hospital & Clinics
8.2. Nursing homes
8.3. Assisted living facilities
CHAPTER 9. GLOBAL IOT MEDICAL DEVICES MARKET – BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.2.4. Costa Rica
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Chile
9.3.4. Columbia
9.3.5. Others
9.4. Europe
9.4.1. U.K.
9.4.2. Germany
9.4.3. France
9.4.4. Italy
9.4.5. Spain
9.4.6. Russia
9.4.7. Netherlands
9.4.8. Switzerland
9.4.9. Poland
9.4.10. Others
9.5. APAC
9.5.1. China
9.5.2. Japan
9.5.3. India
9.5.4. South Korea
9.5.5. Australia & New Zealand
9.5.6. Malaysia
9.5.7. Singapore
9.5.8. Others
9.6. Middle East & Africa
9.6.1. UAE
9.6.2. Saudi Arabia
9.6.3. Iran
9.6.4. Iraq
9.6.5. Qatar
9.6.6. South Africa
9.6.7. Algeria
9.6.8. Morocco
9.6.9. Nigeria
9.6.10. Egypt
9.6.11. Others
CHAPTER 10. GLOBAL IOT MEDICAL DEVICES MARKET – COMPANY
PROFILES
10.1. Huawei Technologies
10.2. GE Healthcare
10.3. Philips Healthcare (Philips)
10.4. Siemens
10.5. Abbott Laboratories
10.6. Boston Scientific
10.7. Honeywell Life Care Solutions
10.8. Biotronik
10.9. Johnson & Johnson
10.10. Omron
10.11. Biotelemetry
10.12. Alivecor
10.13. Agamatrix
10.14. I health Lab
10.15. Stanley Healthcare
10.16. Welch Allyn
10.17. Intel Corporation
10.18. Medtronic plc
CHAPTER 11. GLOBAL IOT MEDICAL DEVICES MARKET – COMPETITIVE
LANDSCAPE
11.1. Market Share Analysis
11.2. Strategies adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 12. MARKET INSIGHTS
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
CHAPTER 13. APPENDIX
13.1. List of Tables
13.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Additional information
Report Type | Extensive Report, Miniature report, Snapshot Report |
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Licence | Single User License, Team License, Corporate License |
Internet of things has many applications in medical devices from remote monitoring to smart sensor medical device integration. IoT medical devices market will be growing at a CAGR of XX% to reach $XX Billion by 2025 from $XX Billion in 2019 during 2019-2025. The key attributes responsible for the growth of the IoT medical devices market are rising investments for implementation of IoT solutions, technological advancement, rising need for cost containment in healthcare delivery and increase in penetration of smartphones. Low doctor-to-patient ratio leading to increased dependency on self-operated eHealth platforms and increase in low-power wide-area networks are creating profitable opportunities in the IoT medical devices market.
Research Study Objectives:
- Define, estimate, and forecast the IoT Medical Devices market statistics by product, device type, connectivity technology, end user and regions concerning the individual growth drivers, market trends and their contribution toward the IoT Medical Devices market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the IoT Medical Devices Market Analysis
- Analysis and conclusions on the future IoT Medical Devices market outlook.
Top-down and bottom-up approaches are used to validate the IoT Medical Devices Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The IoT Medical Devices Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the IoT Medical Devices market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Internet of Things Medical Devices market segmentation is as follows:
By Product
- Imaging systems
- Vital signs monitoring systems
- Implantable cardiac devices
- Patient monitors
- Respiratory devices
- Infusion pumps
- Anaesthesia machines
- Neurological devices
- Hearing devices
- Fetal monitoring devices
- Ventilators
- Other products
By Device Type
- Stationary medical devices
- Implantable medical devices
- Wearable medical devices
- Other IoT medical devices
By Connectivity Technology
- Bluetooth
- ZigBee
- Wi-Fi
- Others
By End User
- Hospital & Clinics
- Nursing homes
- Assisted living facilities
Geographical Analysis:
IoT Medical Devices Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the IoT Medical Devices Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Internet of Things (IoT), Medical Devices Market Research Report,
Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on year–on–year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant IoT Medical Devices market players, such as
- Huawei Technologies
- GE Healthcare
- Philips Healthcare
- Siemens
- Abbott Laboratories
- Along with these companies, many other companies are considered in the report while analysing the Global IoT Medical Devices Market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
CHAPTER 1. INTRODUCTION
1.1. Market Definition
1.2. Executive Summary
1.3. The Scope of the Study
CHAPTER 2. RESEARCH METHODOLOGY
2.1. Secondary Research
2.2. Primary Research
2.3. Analytic Tools and Model
2.4. Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5. Expert Validation
2.6. Study Timeline
CHAPTER 3. MARKET ANALYSIS
3.1. Industry Value Chain Analysis
3.2. Porter’s Five Force Analysis
3.2.1. Bargaining Power of Buyers
3.2.2. Bargaining Power of Suppliers
3.2.3. Threats of Substitutes
3.2.4. Threats of New Entrants
3.2.5. Degree of Competition
3.3. PESTLE Analysis
3.3.1. Political
3.3.2. Economical
3.3.3. Social
3.3.4. Technological
3.3.5. Legal
3.3.6. Environmental
3.4. SWOT Analysis
3.4.1. Strengths
3.4.2. Weakness
3.4.3. Opportunities
3.4.4. Threats
3.5. Y-O-Y Analysis
CHAPTER 4. MARKET DYNAMICS
4.1. Market Drivers
4.1.1. Rising investments for implementation of IoT solutions
4.1.2. Increasing penetration of smartphones
4.1.3. Technological advancements
4.1.4. Rising need for cost-containment in healthcare delivery
4.2. Market Restraints & Challenges
4.2.1. Reluctance in deploying IoT solutions
4.2.2. Data security & privacy concerns
4.2.3. High implementation cost
4.3. Market Opportunities
4.3.1. Low doctor-to-patient ratio leading to increased dependency on self-operated eHealth platforms
4.3.2. Increase in low-power wide-area networks (LPWANs)
CHAPTER 5. GLOBAL IOT MEDICAL DEVICES MARKET – BY PRODUCT
5.1. Imaging systems
5.2. Vital signs monitoring devices
5.2.1. Blood glucose monitors
5.2.2. ECG/Heart rate monitors
5.2.3. Blood pressure monitors
5.2.4. Multi-parameter monitors
5.2.5. Oximeters
5.3. Implantable cardiac devices
5.3.1. Implantable cardioverter defibrillators
5.3.2. Pacemakers
5.3.3. Implantable cardiac monitors
5.4. Patient monitors
5.5. Respiratory devices
5.6. Infusion pumps
5.7. Anaesthesia machines
5.8. Neurological devices
5.9. Hearing devices
5.10. Fetal monitoring devices
5.11. Ventilators
5.12. Other products
CHAPTER 6. GLOBAL IOT MEDICAL DEVICES MARKET – BY DEVICE TYPE
6.1. Stationary medical devices
6.2. Implantable medical devices
6.3. Wearable medical devices
6.4. Other IoT medical devices
CHAPTER 7. GLOBAL MEDICAL DEVICES MARKET – BY CONNECTIVITY
TECHNOLOGY
7.1. Bluetooth
7.2. ZigBee
7.3. Wi-Fi
7.4. Others
CHAPTER 8. GLOBAL IOT MEDICAL DEVICES MARKET – BY END USER
8.1. Hospital & Clinics
8.2. Nursing homes
8.3. Assisted living facilities
CHAPTER 9. GLOBAL IOT MEDICAL DEVICES MARKET – BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.2.4. Costa Rica
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Chile
9.3.4. Columbia
9.3.5. Others
9.4. Europe
9.4.1. U.K.
9.4.2. Germany
9.4.3. France
9.4.4. Italy
9.4.5. Spain
9.4.6. Russia
9.4.7. Netherlands
9.4.8. Switzerland
9.4.9. Poland
9.4.10. Others
9.5. APAC
9.5.1. China
9.5.2. Japan
9.5.3. India
9.5.4. South Korea
9.5.5. Australia & New Zealand
9.5.6. Malaysia
9.5.7. Singapore
9.5.8. Others
9.6. Middle East & Africa
9.6.1. UAE
9.6.2. Saudi Arabia
9.6.3. Iran
9.6.4. Iraq
9.6.5. Qatar
9.6.6. South Africa
9.6.7. Algeria
9.6.8. Morocco
9.6.9. Nigeria
9.6.10. Egypt
9.6.11. Others
CHAPTER 10. GLOBAL IOT MEDICAL DEVICES MARKET – COMPANY
PROFILES
10.1. Huawei Technologies
10.2. GE Healthcare
10.3. Philips Healthcare (Philips)
10.4. Siemens
10.5. Abbott Laboratories
10.6. Boston Scientific
10.7. Honeywell Life Care Solutions
10.8. Biotronik
10.9. Johnson & Johnson
10.10. Omron
10.11. Biotelemetry
10.12. Alivecor
10.13. Agamatrix
10.14. I health Lab
10.15. Stanley Healthcare
10.16. Welch Allyn
10.17. Intel Corporation
10.18. Medtronic plc
CHAPTER 11. GLOBAL IOT MEDICAL DEVICES MARKET – COMPETITIVE
LANDSCAPE
11.1. Market Share Analysis
11.2. Strategies adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
CHAPTER 12. MARKET INSIGHTS
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
CHAPTER 13. APPENDIX
13.1. List of Tables
13.2. List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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