Europe 5G In Healthcare Market Size, Share & Trends Analysis Report By Component (Hardware and Services), By End Use, By Application, By Country and Growth Forecast, 2024 - 2031

Europe 5G In Healthcare Market Size, Share & Trends Analysis Report By Component (Hardware and Services), By End Use, By Application, By Country and Growth Forecast, 2024 - 2031

The Europe 5G In Healthcare Market would witness market growth of 39.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe 5G In Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $39,941.8 million by 2031. UK market is experiencing a CAGR of 37.8% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 40.3% during (2024 - 2031).

One of the most groundbreaking applications of 5G in healthcare is its role in facilitating remote surgeries. With its ultra-low latency, 5G enables surgeons to control robotic surgical systems in real-time, even from thousands of miles away. This capability was demonstrated in a landmark procedure in China, where a surgeon successfully performed a remote operation using 5G technology to guide a robotic arm.

Additionally, the procedure showcased the precision and reliability of 5G and highlighted its potential to bring advanced surgical care to remote areas. This development is particularly significant in regions where access to specialized surgical expertise is scarce, as it allows patients to benefit from the skills of world-class surgeons without having to travel. The ability of 5G to support remote surgeries also fosters global collaboration, enabling surgeons and medical teams from different parts of the world to work together on complex cases, share knowledge, and enhance surgical outcomes.

The adoption of 5G in the European healthcare sector is supported by the region's focus on telemedicine, eHealth, and IoT-driven solutions. In order to confront challenges such as the need for enhanced access to healthcare services, the increase in healthcare costs, and the elderly populations, governments are prioritizing investments in digital health technologies, particularly in remote and underserved populations. With substantial funding and policy frameworks in place, European countries are creating an enabling environment for 5G integration to optimize patient care, improve operational efficiency, and support innovative medical applications.

Based on Component, the market is segmented into Hardware and Services. Based on End Use, the market is segmented into Healthcare Providers, Healthcare Payers, and Other End Use. Based on Application, the market is segmented into Remote Patient Monitoring, Connected Medical Devices, AR/VR, Connected Ambulance, and Asset Tracking. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• AT&T Inc.
• Verizon Communications, Inc.
• Ericsson AB
• Cisco Systems, Inc.
• Nokia Corporation
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• Orange S.A.
• Samsung Electronics Co., Ltd. (Samsung Health)
• NEC Corporation
• BT Group plc

Europe 5G In Healthcare Market Report Segmentation

By Component

• Hardware
• Services

By End Use

• Healthcare Providers
• Healthcare Payers
• Other End Use

By Application

• Remote Patient Monitoring
• Connected Medical Devices
• AR/VR
• Connected Ambulance
• Asset Tracking

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe