Global Healthcare M2M Market is expect to grow at a CAGR of approximately 20% from 2015 to 2020

Date: 2016-09-11

Healthcare is a basic necessity, which not only increases the quality of living, but also life expectancy and future security for any individual. In recent years, developments in the healthcare infrastructure have been largely driven by technological advancements and machine interference. Traditional healthcare processes are now replaced by advanced machine-based processes that not only ensure the probability of success in the treatments & diagnosis for healthcare suppliers but also increase the quality of the services offered. Due to the resultant enhanced connectivity and accessibility, the adoption of machine to machine technology in healthcare is becoming a global trend  With state of the art developments under healthcare modules, wireless wearable devices and various applications and platforms, the growing healthcare M2M market is expected to bring reasonable changes in healthcare services in the future around the globe and would also increase the reach and level of services to fulfill the demand coming from a broadening consumer base worldwide.

The global healthcare M2M market based on the components is divided into M2M modules, M2M applications and platforms and connectivity services; based on the applications is divided into Patient Wellbeing, Medical Services, Sports & Fitness and Others.

The global healthcare M2M market is projected to reach USD 5.8 billion by 2020, and grow at a CAGR of approximately 20% from 2015 to 2020.

Global Healthcare M2M Market Share, based on the Components and Applications, 2020


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

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