Market Overview

Global Smart Healthcare Market 2018-2022 to Post a CAGR of More Than 24% | Technavio


The global smart healthcare market is expected to post a CAGR of over
24% during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global smart healthcare market from 2018 ...

Technavio has published a new market research report on the global smart healthcare market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is increasing demand for
remote health monitoring. The rise in life expectancy over the past
decade in developed regions such as North America and Western Europe has
resulted in an increase in the aging population. The increase in the
elderly population has led to a rise in chronic diseases. This has
resulted in the demand for live and effective monitoring of health
conditions and day-to-day activities of the aged population. Therefore,
it is predicted that this factor will be a major driver to propel the
adoption of smart healthcare products.

This market research report on the global
smart healthcare market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights IoT in healthcare as one of the key
emerging trends in the global smart healthcare market:

Global smart healthcare market: IoT in

IoT applications such as mHealth enable the provision of facilities such
as medication reminders, remote diagnostics, and telemedicine services.
Also, IoT-based solutions help to speed up emergency communications in
critical situations. Furthermore, mobile operators are establishing
sustainable business models in mHealth by collaborating with governments
and other regulatory stakeholders to gain traction in the market. Thus,
with measures such as these, the use of IoT in healthcare will boost the
growth for the overall global smart healthcare industry.

"In recent times, smart healthcare solutions are being offered with
embedded communications and sensor technologies along with data analysis
techniques to monitor an individual physically for the diagnosis and
ongoing treatment of diseases. Therefore, with such developments
entering the smart healthcare industry, the industry is expected to boom
during the forecast period"
says a senior analyst at Technavio for
research on machine to machine (M2M) and connected devices.

Global smart healthcare market: Segmentation

This market research report segments the global smart healthcare market
by geographical regions to include APAC, EMEA, and the Americas.

The Americas led the market in 2017 with a market share of more than
40%, followed by EMEA and APAC respectively. Although APAC held the
smallest share of the market in 2017, the region is expected to witness
the highest incremental growth over the forecast period followed by the
EMEA region. The Americas will see a significant decline in its market

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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