This report provides an assessment of IoT in healthcare including technology trends, solutions deployment, R&D, and related SWOT analysis. The report includes analysis of the core market as well as segmentation by specific use cases and with consideration of the healthcare IoT value chain. The report investigates potential application engagement scenarios and related regulatory issues. The report also includes vendor strategies, product, service, and solution analysis. Research forecasts address technologies, connectivity, applications, services and solutions from 2020 – 2025.  

The entire healthcare industry is poised to undergo unprecedented transformation as a result of technology advances and healthcare access concerns due to the recent coronavirus pandemic, which is manifest in the COVID-19 disease that has forced hundreds of millions of people worldwide to change their behaviors in terms of how they obtain healthcare services. Mind Commerce sees substantial growth in the healthcare industry largely propelled by IoT technology and applications deployed in a cloud-based “as-a-service” for health status monitoring, wellness, and acute care. Additional enablers include high-speed connectivity, embedded sensor solutions, and wearable applications. 

These technologies are anticipated to transform the entire healthcare ecosystem, leading to significantly improved remote healthcare services along with maximizing patient outreach, and minimizing operational costs. Various Internet of Healthcare Things (IoHT) technologies will be a game-changer for the healthcare ecosystem in the coming decade in terms of systems, processes, and services delivery. There is great potential to increase efficiency and effectiveness in treatment and diagnosis, cost reduction, and improving the overall standards for patient care.

We see IoHT solutions addressing a few important areas in the healthcare sector including reduction of transmission of hospital acquired infections to patients. Other areas include providing core functionalities required by clinicians, front-office, billing staff, and physicians. It will also help healthcare providers with predictive analytics, connecting medical devices with web applications, optimizing physical assets, and automate healthcare operations.

Target Audience
  • Healthcare companies
  • M2M and IoT companies
  • Systems integration companies
  • Data management and analytics companies