****** Healthcare M2M Market – Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

 

****** Healthcare M2M Market: By Component (M2M Modules (Cellular & Satellite), Connectivity Services, and M2M Applications and Platforms), By Application (Patient Well-Being, Medical Facilities, Sports and Fitness, and Others (Implants and Research & Education)), and Geography – Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

****** healthcare M2M market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024

 

Market Outline: Healthcare M2M Market

Machine-to-machine (M2M) communication is the communication or exchange of data between two machines without human interfacing. This usually includes serial connection, power line connection (PLC), or wireless communications in the industrial Internet of Things (IoT). The emergence of wireless has made M2M communication much easier and enabled more applications to be connected.

 

Market Dynamics: Healthcare M2M Market

Growing advancements in the technology are the key factor attributing the growth of the healthcare M2M market. Increasing number of the patients in need of assisted living and rising demand for the wearable devices that allows consumers to track their fitness levels is anticipated to fuel the healthcare M2M market. It allows to bring down the administrative cost which is enhancing the growth of the healthcare M2M market. M2M plays a vital role in reducing the risk related to treatment and diagnoses, which is likely to drive the growth of the healthcare M2M market. However, the lack of standardized protocols in connectivity network security and in privacy is hindering the growth of the healthcare M2M market.

 

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Market Scope: Healthcare M2M Market

Healthcare M2M market is segmented based on the component and application

Based on the technology, the market is segmented into the following:

  • M2M Modules (Cellular & Satellite)
  • Connectivity Services
  • M2M Applications and Platforms

Based on the application, the market is segmented into the following:

  • Patient Well-Being
  • Medical Facilities
  • Sports and Fitness
  • Others (Implants and Research & Education)

 

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Regional Analysis:  Healthcare M2M Market

Geographically, ****** healthcare M2M market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America healthcare M2M market holds the largest share in the ****** healthcare M2M market. The technological advancements are the major factors attributed the growth of the market in this region. The increase in the demand for digit M2M-based connections is adding fuel for the growth of the market in the region. The Asia Pacific healthcare M2M market is projected to grow at a faster pace over the forecast period.

 

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Competition Assessment: Healthcare M2M Market

Some of the players in the ****** healthcare M2M market include:

  • Telit Communications (UK)
  • U-blox Holding AG (Switzerland)
  • Intel Corporation (US)
  • Texas Instruments Incorporated (US)
  • Gemalto N.V. (Netherlands)
  • Vodafone Group PLC (UK)

 

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