Home › News Updates › IBM Center for Applied Insights Mentions MarketsandMarkets as a Key Source in their Recently Published Article on Healthcare Internet of Things
MarketsandMarkets has been revealed as a key source for the recently published article on Healthcare Internet of Things by IBM Center for Applied Insights.
Internet of Things (IoT) is taking over the healthcare industry by storm. The global healthcare IoT market is expected to grow at a significant rate in the next five years, reaching $163.24 Billion by 2020, with reduced cost of care, rising need for improved healthcare outcomes, and advancements in technology being the major factors responsible for this stellar growth. Integration of healthcare and IoT has proved to be a boon for this industry, and it is forecasted to see many new trends from 2016. Over the coming years, improvements will be seen across many applications of this sector, owing to the increased demand for enhanced healthcare information systems.
For More Details:
Report mentioned in the above news is,
IoT Healthcare Market by Components (Medical Device, System and Software, Service, and Connectivity Technology), Application (Telemedicine, Workflow Management, Connected Imaging, Medication Management), End-User - Global Forecast to 2020
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