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Internet of Medical Things Market Growth and Future Analysis : Report 2022

The “Internet of Medical Things Market” industry report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Internet of Medical Things Market by region.

The global Internet of Medical Things (IoMT) Market size was USD 41.17 billion in 2020. Based on our analysis, the global market exhibited a positive growth of 71.3% in 2020 compared to the average year-on-year growth during 2017-2019. The market is projected to grow from USD 30.79 billion in 2021 to USD 187.60 billion in 2028 at a CAGR of 29.5% during the 2021-2028 period.

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Driving Factor:

The internet of health things helps to reduce patient costs significantly, thereby reducing the burden of healthcare costs on patients and governments. The relationship between IoMT and medtech companies is valuable in strengthening the healthcare organizations to accomplish better outcomes, improve efficiency and deliver advanced care to the patients. Companies are aiming to empower and transform the care given to patients. Additionally, companies are actively focusing on investing in IoT technology along with government organizations. According to the McKinsey study, the IoT deployments in the healthcare industry are expected to grow faster than any other industry. Also, the study states that IoMT is likely to have a global economic impact of USD 1.6 trillion by 2025. Moreover, the World Telecommunication Development Conference projected that by the end of 2020, 40% of the IoT technology would be healthcare-driven. This is expected to bolster the internet of medical things market growth.

Available Customizations

With the given market data, Fortune Business Insights offers customizations as per the company’s specific requirements. The following customization options are available for the report:

Product Analysis

  • Product matrix provides detailed product information and comparison

Geographic Analysis

  • Further breakdown of the North American Internet of Medical Things Market
  • Further breakdown of the European market
  • Further breakdown of the APAC market
  • Further breakdown of the MEA market
  • Further breakdown of the Latin American market

Company Information

  • Detailed analysis and profiling of additional market players

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Who are the Major Internet of Medical Things Market Vendors?

  • Boston Scientific Corporation (Marlborough, U.S.)
  • General Electric Company (GE Healthcare) (Chicago, U.S.)
  • Johnson & Johnson Services, Inc. (New Brunswick, U.S.)
  • Medtronic (Dublin, Ireland)
  • Koninklijke Philips N.V. (Amsterdam, Netherlands)
  • Siemens Healthineers AG (Munich, Germany)
  • Cisco (San Jose, U.S.)
  • IBM (Armonk, U.S.)
  • Hill-Rom Services, Inc. (Welch Allyn) (Indiana, U.S.)
  • BIOTRONIK (Berlin, Germany)

What Information does this report contain?

  • Historical data coverage: 2017 to 2021; Growth Projections: 2022 to 2029.
  • Expert analysis: Industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
  • 6-7 year performance forecasts: Major segments covering applications, top products and geographies.
  • Competitive landscape reporting: Internet of Medical Things Market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Internet of Medical Things Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

Frequently Asked Questions?

  • What is the Internet of Medical Things Market size?
  • What is the CAGR for Internet of Medical Things Market industry?
  • What are the segments covered in the Internet of Medical Things Market report?
  • Who are the key players in the Internet of Medical Things Market?
  • Which region is more attractive for vendors in the Internet of Medical Things Market?
  • What are the key markets for higher education?
  • What are the key factors driving the growth of Internet of Medical Things Market industry?
  • Which segment has the largest share in the Internet of Medical Things Market?

Moreover, Introduction

1.1. Moreover, Research Scope

1.2. Moreover, Market Segmentation

1.3. Moreover, Research Methodology

1.4. Moreover, Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Moreover, Market Drivers

3.2. Moreover, Market Restraints

3.3. Moreover, Market Opportunities

4. Moreover, Key Insights

4.1. Key Industry Developments – Moreover, Merger, Acquisitions, and Partnerships

4.2. Porter’s Five Forces Moreover, Analysis

4.3. Moreover, SWOT Analysis

4.4. Moreover, Technological Developments

4.5. Moreover, Value Chain Analysis

4.6. Moreover, Impact of COVID-19 on Market

5. Key Findings / Moreover, Summary

5.1 North America Sales, Revenue and Market Share by Country

5.1.1 North America Sales and Internet of Medical Things Market Share by Country (2022-2029)

5.1.2 North America Revenue and Market Share by Country (2022-2029)

5.2 United States Sales and Growth Rate (2022-2029)

5.3 Canada Sales and Growth Rate (2022-2029)

5.4 Mexico Sales and Growth Rate (2022-2029)

8 South America by Country

8.1 South America Sales, Revenue and Internet of Medical Things Market Share by Country

8.1.1 South America Sales and Market Share by Country (2022-2029)

8.1.2 South America Revenue and Market Share by Country (2022-2029)

8.2 Brazil Sales and Growth Rate (2022-2029)

8.3 Argentina Sales and Growth Rate (2022-2029)

8.4 Colombia Sales and Growth Rate (2022-2029)

9 Middle East and Africa by Countries

9.1 Moreover, Middle East and Africa Sales, Revenue and Market Share by Country

9.1.1 Middle East and Africa Sales and Market Share by Country (2022-2029)

9.1.2 Moreover, Middle East and Africa Revenue and Market Share by Country (2022-2029)

9.2 Saudi Arabia Sales and Growth Rate (2022-2029)

9.3 Moreover, Turkey Sales and Growth Rate (2022-2029)

9.4 Egypt Sales and Growth Rate (2022-2029)

9.5 Moreover, Nigeria Sales and Growth Rate (2022-2029)

10 Internet of Medical Things Market in Developing Countries

Continued…

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