Healthcare M2M Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global 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

 

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Report

Description

The global healthcare m2m market size valued 21.08 billion in 2020 and expected to reach USD 30.26 billion by 2027, at a CAGR of 4.9% during the forecast period 2021-2027. 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.

Healthcare M2M Market

MARKET SUMMARY
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4.9% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 4.9%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North-America

Healthcare M2M Market

  • The report on global healthcare m2m market gives historical, current and future market sizes (US$ Bn) based on by technology, by application and region.
  • healthcare m2m market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Telit Communications
  • U-blox Holding AG
  • Intel Corporation
  • Texas Instruments Incorporated
  • Gemalto N.V.
  • Vodafone Group PLC
Healthcare M2M Market

Drivers And Restraints

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.


North-America got significant share

Healthcare M2M Market

Geographically, global market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America market holds the largest share in the global 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.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report covers exhaustive regional information, that includes North America (The USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenari
Healthcare M2M Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

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

Description

The global healthcare m2m market size valued 21.08 billion in 2020 and expected to reach USD 30.26 billion by 2027, at a CAGR of 4.9% during the forecast period 2021-2027. 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.

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