+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2016-01-14Number of Pages: 91

Healthcare M2M Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Assisted Living Requirements Propel Adoption of Healthcare M2M Solutions

The increasing number patients in need of assisted living, where first responder connectivity is critical has become the leading factor supporting the growth of healthcare M2M market. The rising trend of wearable devices amongst the health-conscious people has also spurred a demand for healthcare M2M-based solutions as it allows users to track their fitness levels with just a few clicks. The prominence of Internet of Things (IoT) across all verticals is also expected to boost this market in the coming few years. The biggest advantage of M2M-based healthcare services is anticipated to bring down administrative costs and cut down risks pertaining to diagnoses and treatment, which is propelling the market’s growth.

Transparency Market Research states that these factors are likely to provide an opportunity worth US$10.05 bn by the end of 2023 to the global healthcare M2M market. The market was valued at US$1.56 bn in 2014 and is expected to expand at a CAGR of 22.5% between 2015 and 2023.

Patient-Centric Facilities Give Deployment of M2M Solutions in North America a Boost

Regionally, North America is predicted to be the leading segment in the overall market due to a high acceptance of technology and the increasing expenditure on healthcare. TMR says that the North America healthcare M2M market was valued at US$530.7 mn in 2014. However, by the end of 2023, this market is expected to reach US$3.08 bn, expanding at a CAGR of 20.7% from 2015 and 2023. The growing awareness of the benefits M2M-based healthcare solutions can render has led to an increased deployment of these solutions. The patient-centric attitude of facilities has also led a burgeoning demand for M2M solutions in the recent past. This trend will continue to be persistent in the North America market due to a widening pool of geriatrics and growing cases of chronic diseases.

On the other hand, Asia Pacific is projected to be the fastest-growing segment between 2015 and 2023, at a very high double-digit CAGR of 26.9%. This growth will be a result of increasing M2M connections, especially in countries such as Australia, Japan, and China. Furthermore, the growing support from governments to upgrade the healthcare infrastructure and provide affordable healthcare is also anticipated to boost this market in the Asia Pacific region. The medical facilities segment will be the leading segment in Asia Pacific due to a strong presence of service providers, who are outsourcing telehealth services.

M2M Healthcare Solutions Gain Traction in Sports and Fitness Applications

The patient well-being application segment is gaining is tremendous importance as hospital staffs across the globe operate under high pressure to provide patient care. The ease of operations brought about by M2M-based healthcare solutions in patient care is a welcome change in this high responsibility job, thereby easing the load on staffers. The decreasing dependency of patients on healthcare professionals has add value to the efficiency of the industry. Furthermore, the sports and fitness application is expected to be the leading segment with a robust CAGR of 26.5% during 2015 and 2023.

The key players in the global healthcare M2M market are Sierra Wireless, Inc., Athenahealth, Inc., GE Healthcare, Apple Inc., Cisco Systems Inc., IBM Corporation, Stanley Healthcare, Allscripts Healthcare Solutions Inc., AT&T Inc., and Gemalto NV. Several players designing and developing cloud-based M2M-healthcare solutions to provide a long-term solution that improves the accessibility to the mammoth volumes of healthcare data.

 


1. Preface
    1.1. Research Scope
    1.2. Market Segmentation
    1.3. Research Methodology

2. Executive Summary
    2.1. Global Connected Healthcare Market Snapshot
    2.2. Global Connected Healthcare Market Revenue, 2013 – 2023 (US$ Mn) and Year-on-Year Growth (%)

3. Global Connected Healthcare Market Analysis, 2013 – 2023 (US$ Mn)
    3.1. Key Trends Analysis
    3.2. Market Dynamics
          3.2.1. Drivers
          3.2.2. Restraints
          3.2.3. Opportunities
    3.3. Global Connected Healthcare Market Analysis, By Component  , 2013 – 2023 (US$ Mn)
          3.3.1. M2M Modules (Cellular & Satellite)
          3.3.2. Connectivity Services
          3.3.3. M2M Applications and Platforms
    3.4. Global Connected Healthcare Market Analysis, By Application, 2013 – 2023 (US$ Mn)
          3.4.1. Patient Well-Being
          3.4.2. Medical Facilities
          3.4.3. Sports and Fitness
          3.4.4. Others (Implants and Research & Education)
    3.5. Competitive Landscape
          3.5.1. Market Positioning of Key Players, 2014
          3.5.2. Competitive Strategies Adopted by Leading Players

4. North America Connected Healthcare Market Analysis, 2013 – 2023 (US$ Mn)
    4.1. Key Trends Analysis
    4.2. North America Connected Healthcare Market Analysis, By Component  , 2013 – 2023 (US$ Mn)
          4.2.1. M2M Modules (Cellular & Satellite)
          4.2.2. Connectivity Services
          4.2.3. M2M Applications and Platforms
    4.3. North America Connected Healthcare Market Analysis, By Application, 2013 – 2023 (US$ Mn)
          4.3.1. Patient Well-Being
          4.3.2. Medical Facilities
          4.3.3. Sports and Fitness
          4.3.4. Others (Implants and Research & Education)
    4.4. North America Connected Healthcare Market Analysis, By Country, 2013 – 2023 (US$ Mn)
          4.4.1. Overview
          4.4.2. U.S.
          4.4.3. Rest of North America

5. Europe Connected Healthcare Market Analysis, 2013 – 2023 (US$ Mn)
    5.1. Key Trends Analysis 
    5.2. Europe Connected Healthcare Market Analysis, By Component  , 2013 – 2023 (US$ Mn)
          5.2.1. M2M Modules (Cellular & Satellite)
          5.2.2. Connectivity Services
          5.2.3. M2M Applications and Platforms
    5.3. Europe Connected Healthcare Market Analysis, By Application, 2013 – 2023 (US$ Mn)
          5.3.1. Patient Well-Being
          5.3.2. Medical Facilities
          5.3.3. Sports and Fitness
          5.3.4. Others (Implants and Research & Education)
    5.4. Europe Connected Healthcare Market Analysis, By Region, 2013 – 2023 (US$ Mn)
          5.4.1. Overview
          5.4.2. EU7 (UK, Italy, Spain, France, Germany, Belgium, and Netherlands)
          5.4.3. CIS
          5.4.4. Rest of Europe

6. Asia Pacific Connected Healthcare Market Analysis, 2013 – 2023 (US$ Mn)
    6.1. Key Trends Analysis
    6.2. Asia Pacific Connected Healthcare Market Analysis, By Component  , 2013 – 2023 (US$ Mn)
          6.2.1. M2M Modules (Cellular & Satellite)
          6.2.2. Connectivity Services
          6.2.3. M2M Applications and Platforms
    6.3. Asia Pacific Connected Healthcare Market Analysis, By Application, 2013 – 2023 (US$ Mn)
          6.3.1. Patient Well-Being
          6.3.2. Medical Facilities
          6.3.3. Sports and Fitness
          6.3.4. Others (Implants and Research & Education)
    6.4. Asia Pacific Connected Healthcare Market Analysis, By Region, 2013 – 2023 (US$ Mn)
          6.4.1. Overview
          6.4.2. Japan
          6.4.3. China
          6.4.4. South Asia (India, Pakistan, Bangladesh, & Sri Lanka)
          6.4.5. Australasia (Australia, NZ & Guinea)
          6.4.6. Rest of APAC

7. Middle East and Africa (MEA) Connected Healthcare Market Analysis, 2013 – 2023 (US$ Mn)
    7.1. Key Trends Analysis
    7.2. Middle East and Africa (MEA) Connected Healthcare Market Analysis, By Component  , 2013 – 2023 (US$ Mn)
          7.2.1. M2M Modules (Cellular & Satellite)
          7.2.2. Connectivity Services
          7.2.3. M2M Applications and Platforms
    7.3. Middle East and Africa (MEA) Connected Healthcare Market Analysis, By Application, 2013 – 2023 (US$ Mn)
          7.3.1. Patient Well-Being
          7.3.2. Medical Facilities
          7.3.3. Sports and Fitness
          7.3.4. Others (Implants and Research & Education)
    7.4. Middle East and Africa (MEA)  Connected Healthcare Market Analysis, By Region, 2013 – 2023 (US$ Mn)
          7.4.1. Overview
          7.4.2. GCC Countries
          7.4.3. South Africa
          7.4.4. Rest of MEA

8. Latin America Connected Healthcare Market Analysis, 2013 – 2023 (US$ Mn)
    8.1. Key Trends Analysis
    8.2. Latin America Connected Healthcare Market Analysis, By Component  , 2013 – 2023 (US$ Mn)
          8.2.1. M2M Modules (Cellular & Satellite)
          8.2.2. Connectivity Services
          8.2.3. M2M Applications and Platforms
    8.3. Latin America Connected Healthcare Market Analysis, By Application, 2013 – 2023 (US$ Mn)
          8.3.1. Patient Well-Being
          8.3.2. Medical Facilities
          8.3.3. Sports and Fitness
          8.3.4. Others (Implants and Research & Education)
    8.4. Latin America Connected Healthcare Market Analysis, By Region, 2013 – 2023(US$ Bn)
          8.4.1. Overview
          8.4.2. Brazil
          8.4.3. Rest of Latin America
          
9. Company Profiles
    9.1. GE Healthcare
          9.1.1. Company Details (HQ, Foundation Year, Employee Strength)
          9.1.2. Market Presence, By Segment and Geography
          9.1.3. Key Developments
          9.1.4. Strategy and Historical Roadmap
          9.1.5. Revenue and Operating Profits
* Similar details would be provided for all the players mentioned below
    9.2. Athenahealth, Inc.
    9.3. Apple Inc.
    9.4. IBM Corporation
    9.5. Cisco Systems Inc.
    9.6. Allscripts Healthcare Solutions Inc.
    9.7. Stanley Healthcare
    9.8. AT&T Inc.
    9.9. Gemalto NV
    9.10. Sierra Wireless Inc.

This report provides an analysis of the global healthcare M2M market for 2013–2023, wherein the period from 2015 to 2023 comprises the forecast period and 2014 is the base year. Data for 2013 is provided as historical information. The report covers all the major trends and technologies playing a major role in the growth of the healthcare M2M market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the healthcare M2M market’s growth throughout the forecast period in terms of revenue estimates (in US$ Mn), across different geographies, which include Asia Pacific (APAC), Latin America (LATAM), North America, Europe, and Middle East & Africa (MEA). The report provides cross-sectional analysis of the global healthcare M2M market in terms of market estimates and forecasts for all the segments across different geographic regions. 

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. 

On the basis of components, the healthcare M2M market is categorized into M2M modules, connectivity services and M2M applications and platforms. M2M healthcare application market is categorized into patient well-being, medical facilities, sports & fitness, and others. 

The report also includes competitive profiling of major players associated with the healthcare M2M market. Important business strategies adopted by them, their market positioning, and the companies’ recent developments have also been identified in the research report. The companies profiled in the report include GE Healthcare, Athenahealth, Inc., Apple Inc., IBM Corporation, Cisco Systems Inc., Allscripts Healthcare Solutions Inc., Stanley Healthcare, AT&T Inc., Gemalto NV, and Sierra Wireless Inc. 

The global healthcare M2M market is segmented as below: 

Healthcare M2M Market

Component

  • M2M Modules
  • Connectivity Services
  • M2M Applications and Platforms

By Application

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

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa


 
 
Back To Top