What is more, the market research data of Internet-of-Medical-Things (IoMT) Market report is interpreted by using established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis. The key areas covered in the report are market definition, market segmentation, competitive analysis and research methodology. This market report also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Healthcare industry. For a booming business, it is quite necessary to get knowledgeable about consumer’s demands, preferences, attitudes and their varying tastes about the particular product. And this Internet-of-Medical-Things (IoMT) Market report is right there to solve this purpose comprehensively.
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Global Internet-of-Medical-Things (IoMT) market is expected to register a CAGR of 38.67% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the efficiency of resources and available infrastructure due to the usage of IoMT.
Few of the major competitors currently working in the global Internet-of-Medical-Things (IoMT) market are LifeFuels Inc.; GENERAL ELECTRIC COMPANY; CARRÉ TECHNOLOGIES INC.; Breathometer Inc.; Medtronic; Meru Health, Inc.; Boston Scientific Corporation; Atlas Wearables, Inc.; Proteus Digital Health; NeuroMetrix, Inc.; Honeywell International Inc.; VitalConnect; Ekso Bionics; BL Healthcare, Inc; BioSerenity; Preventice Solutions, Inc.; Lenovo; Vitls Inc.; AliveCor, Inc. and Chrono Therapeutics Inc.
Market Definition: Global Internet-of-Medical-Things (IoMT) Market
Internet- of- Medical- Things (IoMT) is a specific category of applications of the Internet of Things for healthcare services. This technology enables the interconnectivity of medical devices over a common network which results in exchange of valuable patient information helping in better delivery of healthcare services. IoMT involves designing of specified health solutions depending on the data collected through wearable medical devices.
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Key Developments in the Internet-of-Medical-Things Market:
- In January 2019, Proteus Digital Health in partnership with Fairview Health Services and University of Minnesota Health announced the launch of digital oncology medicines for cancer patients significantly helping in improving the outcomes of treatment. This digital technology helps the patients in completing their oral chemotherapy course and provides physician’s with patient information.
- In March 2017, GENERAL ELECTRIC COMPANY announced that they had acquired Monica Healthcare, expanding their Maternal-Infant Care business division. This acquisition will help in innovations and enhanced product offerings for expecting mothers and babies globally. Monica Healthcare is focused on improving the birth experience for mothers by involving the usage of wireless fetal monitoring devices.
Competitive Analysis: Internet-of-Medical-Things Market
Global Internet-of-Medical-Things (IoMT) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Internet-of-Medical-Things (IoMT) market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Segmentation: Global Internet-of-Medical-Things (IoMT) Market
Internet-of-Medical-Things Market : By Product Type
- Smart Wearable Devices
- Home-Use Medical Devices
- Point-Of-Care Kits
Internet-of-Medical-Things Market : By Services
- On-Premise Based Services
- Cloud-Based Services
Internet-of-Medical-Things Market : By Application
- Real-Time Monitoring
- End-to-End Connectivity
- Data Assortment & Analysis
- Tracking & Alerts
- Remote Medical Assistance
Internet-of-Medical-Things Market : By End-User
- Hospitals & Clinics
- Research Institutes & Academics
Internet-of-Medical-Things Market : By Geography
- North America
- South America
- Middle East and Africa
- To analyze the market size of the market and infer the key trends from it.
- Industry Chain Suppliers of Internet-of-Medical-Things (IoMT) market with Contact Information
- The key findings and recommendations highlight crucial progressive industry trends in the Internet-of-Medical-Things (IoMT) Market, thereby allowing players to develop effective long term strategies
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Internet-of-Medical-Things (IoMT) market
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
Queries Resolved In This Report:-
- Which will be the specialties at which Global Internet-of-Medical-Things (IoMT) Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set nearness?
- Which will be the foreseen development rates for your own Global Internet-of-Medical-Things (IoMT) Market economy out and out and furthermore for each portion inside?
- Which will be the Global Internet-of-Medical-Things (IoMT) Market application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the Global Internet-of-Medical-Things (IoMT) Market opportunity?
- How Global Internet-of-Medical-Things (IoMT) Market share advance vacillations their value from various assembling brands?
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