Internet of Things (IoT) in Healthcare - Thematic Intelligence
Summary
Digital transformation has been a steady trend within healthcare for several years. IoT-enabled technologies such as electronic health records, remote patient monitoring, and wearable devices streamline the patient experience and give patients greater agency in their care.
The COVID-19 pandemic made the need for IoT more pressing as healthcare providers were forced to enact social distancing policies and cope with staff shortages and patient backlogs while mandated to provide the same quality of care or better. The accelerated integration of new and existing digital technologies allowed healthcare systems to expand their services to meet the challenge of COVID-19. Although the pandemic was declared over on May 5, 2023, the need to address staff shortages and aging demographics will drive the adoption of IoT-enabled solutions in healthcare throughout the 2020s.
Key Highlights
An overview of the trends impacting IoT adoption in the healthcare sector.
IoT technology briefing
Case studies showcasing how companies in the healthcare sector are adopting IoT.
Scope
- This report provides an overview of IoT in healthcare.
- This report explains why IoT will continue to grow in importance for the healthcare industry.
- This report outlines how the correct IoT strategy can enhance pharmaceutical, medical devices, and healthcare companies' ability to draw insights from an increasingly large volume of data sets, allowing for more timely decision-making.
- The investment opportunities in the IoT value chain are covered.
- The report also provides an overview of IoT activity relating to the sector, including tech vendors and industry adopters.
- Determine potential investment opportunities based on trend analysis and market projections.
- Gaining an understanding of the market challenges and opportunities surrounding the IoT theme.
- Executive Summary
- Players
- Healthcare Challenges
- The Impact of IoT on Healthcare
- Pharmaceutical companies
- Medical device companies
- Healthcare providers, payors, service providers, and suppliers
- How IoT can help address the challenge of long and expensive clinical trials
- How IoT can help address the challenge of drug discovery and development
- How IoT can help address the challenge of supply chain disruption
- How IoT can help address the challenge of increased pressure on health services
- How IoT can help address the challenge of staff shortages and skills gaps
- Case Studies
- Novartis and Amazon’s AI-powered manufacturing supply chain systems
- BrightInsight and AstraZeneca’s disease management platform
- GLN’s wearable device for Roche clinical trials to monitor respiratory function
- Aptar Pharma’s AdhereIT improves self-administer drug therapy management
- Sandoz’s RFID-tagged critical injectable medicines to automate restocking
- ICON.AI’s smart healthcare device for efficient health management
- Market Size and Growth Forecasts
- Signals
- Mergers and acquisitions
- Patent trends
- Hiring trends
- Social media trends
- Polls and surveys
- IoT Value Chain
- Physical layer
- Connected things
- Cameras and lenses
- Sensors and microcontrollers
- Microprocessors
- Connectivity layer
- Edge infrastructure
- Cloud infrastructure
- Networking equipment
- Telecom networks
- Data layer
- Data integration
- Data aggregation
- Data processing
- Data storage
- Data validation
- Data governance and security
- App layer
- Apps
- Platforms
- Services layer
- Integration services
- Consulting services
- Companies
- Leading IoT adopters in healthcare
- Specialist IoT vendors in healthcare
- Sector Scorecards
- Drug development sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Medical devices sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Key challenges currently facing the healthcare sector.
- Table 2: Mergers and acquisitions
- Table 3: Leading IoT adopters in healthcare
- Table 4: Specialist IoT vendors in healthcare
- Table 5: Glossary
- Table 6: GlobalData reports
- List of Figures
- Figure 1: Key players in IoT in healthcare
- Figure 2: IoT-related social media concepts in healthcare
- Figure 3: Thematic impact assessment for pharmaceutical companies
- Figure 4: Thematic impact assessment for medical device companies
- Figure 5: Thematic impact assessment for healthcare providers, payors, service providers, and suppliers
- Figure 6: The total healthcare IoT market will be worth $60.6 billion in 2027
- Figure 7: The Asia-Pacific region will be the largest healthcare IoT market in 2027
- Figure 8: Samsung had the largest number of IoT-related patents between Jan 1, 2020, and Sep 30, 2023
- Figure 9: IoT-related jobs saw a surge in activity at the end of 2022 in the healthcare and medical devices sectors
- Figure 10: Mentions of IoT in healthcare reached a peak of 1,844 posts in October 2021
- Figure 11: The use of IoT in the pharmaceutical industry
- Figure 12: The use of IoT in the medical devices industry
- Figure 13: The IoT value chain
- Figure 14: The IoT value chain - Physical layer: leaders and challengers
- Figure 15: The IoT value chain - Connectivity layer: leaders and challengers
- Figure 16: The IoT value chain - Data layer: leaders and challengers
- Figure 17: The IoT value chain - App layer: leaders and challengers
- Figure 18: The IoT value chain - Services layer: leaders and challengers
- Figure 19: Who does what in the drug development space?
- Figure 20: Thematic screen n- Drug development sector scorecard
- Figure 21: Valuation screen - Drug development sector scorecard
- Figure 22: Risk screen - Drug development sector scorecard
- Figure 23: Who does what in the medical devices space?
- Figure 24: Thematic screen - Medical devices sector scorecard
- Figure 25: Valuation screen - Medical devices sector scorecard
- Figure 26: Risk screen - Medical devices sector scorecard
- Figure 27: Our five-step approach for generating a sector scorecard
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