M2M Healthcare Applications, Recent Developments, and Comprehensive Forecast to 2020
A Recent Study Says That “Global M2M Healthcare Market” Will Make A Huge Impact In Near Future In International Market
(EMAILWIRE.COM, April 20, 2018 ) Market research analysts at Publisher predict that the global M2M healthcare market will grow steadily during the next four years and post an Impressive CAGR of more than 43% by 2020. This market research analysis identifies the increased demand for home telehealth as one of the primary growth factors for this market. Due to the constantly increasing disorders and limited resources, hospitals are finding it extremely difficult to monitor multiple patients. This will lead to the adoption of smart healthcare products that in addition to helping physicians monitor patients from remote locations, reduce healthcare expenses as well. With the rising incidences of chronic disorders, the use of smart healthcare products will reduce the dependence on caregivers. Additionally, these smart devices help in self-assessment and provide useful insights to both patients and physicians. Such benefits will fuel the adoption of remote patient monitoring services, in turn, boosting the demand for M2M devices for healthcare.
This market research and analysis estimates that in terms of geographical regions, EMEA will be the major revenue contributor to the market throughout the next four years. The increased penetration of high-speed broadband networks in the region and increasing incidences of mental and chronic disorders, will fuel the demand for M2M in healthcare in the coming years. Furthermore, the increased awareness among consumers about smart healthcare products and the adoption of wireless local area network (WLAN) inside hospitals, will also aid in the growth of the market in this region.
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Competitive landscape and key vendors
The market consists of a considerable number of vendors and appears to be highly fragmented. The competition among the vendors in the market is intense. In addition to the existing vendors, the market will also witness the emergence of several new players who offer specific IT solutions. Since customer requirements changes with every technological advancement, vendors are in constant pressure to develop M2M healthcare products and services to meet the demands of the end-users. To expand their customer base, major vendors are focusing on forming partnerships with wearable device manufacturers to provide innovative products at competitive prices. Analysts predict that the coming years will witness the entry of new vendors and the market will also witness an increase in nunmber of M&As.
The leading vendors in the market are -
Apple
Cisco
Deutsche Telekom
GE Healthcare
Vodafone
The other prominent vendors in the market are Abbott, Aeris, Agfa-Gevaert, AirStrip Technologies, Alcatel-Lucent, AT&T, athenahealth, Epic Systems Corporation, Evolent Health, Google, Honeywell, Huawei Technologies, IBM, Janus Remote Communications, Johnson & Johnson, KORE Wireless Group, Microsoft, Misfit, Philips, Sierra Wireless, Sprint, STANLEY Healthcare Solutions, Telefónica, Verizon, and Wipro.
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Segmentation by application and analysis of the M2M healthcare market
Remote health monitoring
Clinical monitoring
Health and wellness
During 2015, the remote health monitoring segment accounted for the major revenue shares and dominated this market. Offering improved preventive care and effective monitoring of chronic conditions, healthcare M2M solutions improve access to specialized medical services. With the increased availability of the internet and mobile networks, the adoption of remote health monitoring services helps eliminate the need for unnecessary hospital readmission costs, which in turn, will drive the growth of this market segment.
Segmentation by component and analysis of the M2M healthcare market
Connectivity services
Software platforms and applications
M2M modules
Complete Report is Available at: http://www.reportsweb.com/global-m2m-healthcare-market-2016-2020
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This market research and analysis estimates that in terms of geographical regions, EMEA will be the major revenue contributor to the market throughout the next four years. The increased penetration of high-speed broadband networks in the region and increasing incidences of mental and chronic disorders, will fuel the demand for M2M in healthcare in the coming years. Furthermore, the increased awareness among consumers about smart healthcare products and the adoption of wireless local area network (WLAN) inside hospitals, will also aid in the growth of the market in this region.
Sample Copy is Available at: http://www.reportsweb.com/inquiry&RW0001502492/sample
Competitive landscape and key vendors
The market consists of a considerable number of vendors and appears to be highly fragmented. The competition among the vendors in the market is intense. In addition to the existing vendors, the market will also witness the emergence of several new players who offer specific IT solutions. Since customer requirements changes with every technological advancement, vendors are in constant pressure to develop M2M healthcare products and services to meet the demands of the end-users. To expand their customer base, major vendors are focusing on forming partnerships with wearable device manufacturers to provide innovative products at competitive prices. Analysts predict that the coming years will witness the entry of new vendors and the market will also witness an increase in nunmber of M&As.
The leading vendors in the market are -
Apple
Cisco
Deutsche Telekom
GE Healthcare
Vodafone
The other prominent vendors in the market are Abbott, Aeris, Agfa-Gevaert, AirStrip Technologies, Alcatel-Lucent, AT&T, athenahealth, Epic Systems Corporation, Evolent Health, Google, Honeywell, Huawei Technologies, IBM, Janus Remote Communications, Johnson & Johnson, KORE Wireless Group, Microsoft, Misfit, Philips, Sierra Wireless, Sprint, STANLEY Healthcare Solutions, Telefónica, Verizon, and Wipro.
For Inquire before Buying at: http://www.reportsweb.com/inquiry&RW0001502492/buying
Segmentation by application and analysis of the M2M healthcare market
Remote health monitoring
Clinical monitoring
Health and wellness
During 2015, the remote health monitoring segment accounted for the major revenue shares and dominated this market. Offering improved preventive care and effective monitoring of chronic conditions, healthcare M2M solutions improve access to specialized medical services. With the increased availability of the internet and mobile networks, the adoption of remote health monitoring services helps eliminate the need for unnecessary hospital readmission costs, which in turn, will drive the growth of this market segment.
Segmentation by component and analysis of the M2M healthcare market
Connectivity services
Software platforms and applications
M2M modules
Complete Report is Available at: http://www.reportsweb.com/global-m2m-healthcare-market-2016-2020
About Us:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: 6464919876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results