DUBLIN--(BUSINESS WIRE)--The "Internet of Things (IoT) Medical Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Internet of Things (IoT) Medical Devices Market to Reach $127 Billion by 2027
Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Medical Devices estimated at US$31.3 Billion in the year 2020, is projected to reach a revised size of US$127 Billion by 2027, growing at a CAGR of 22.2% over the analysis period 2020-2027.
Wi-Fi, one of the segments analyzed in the report, is projected to record a 23.5% CAGR and reach US$55.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bluetooth segment is readjusted to a revised 21.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.4 Billion, While China is Forecast to Grow at 21.6% CAGR
The Internet of Things (IoT) Medical Devices market in the U.S. is estimated at US$9.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.1 Billion by the year 2027 trailing a CAGR of 21.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 18.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.
ZigBee Segment to Record 22.1% CAGR
In the global ZigBee segment, USA, Canada, Japan, China and Europe will drive the 22.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5 Billion in the year 2020 will reach a projected size of US$20.3 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.8 Billion by the year 2027.
Select Competitors (Total 37 Featured):
- Abbott Laboratories
- Agamatrix
- Alivecor
- Biotelemetry
- Biotronik
- Boston Scientific
- GE Healthcare
- Honeywell Life Care Solutions
- Ihealth Lab
- Johnson & Johnson
- Medtronic
- Omron
- Philips Healthcare (Philips)
- Siemens
- Stanley Healthcare
- Welch Allyn
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World Current & Future Analysis for Internet of Things (IoT) Medical Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- World 7-Year Perspective for Internet of Things (IoT) Medical Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
- World 7-Year Perspective for Wi-Fi by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Bluetooth by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for ZigBee by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Other Connectivity Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 37
For more information about this report visit https://www.researchandmarkets.com/r/v8v1m6
