The US Internet of Medical Things market is expected to hit $66B by 2022 – here are the key areas where healthcare providers can reap the most value from IoT

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Business Insider Intelligence

DIGITAL HEALTH

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The coronavirus is catalyzing a need for healthcare IoT in the US—here's how connectivity and technology providers are carving out their place in the market



* This chart and data were pulled from the Internet of Medical Things by Insider Intelligence. Purchase the report here to get immediate access to the full analysis.
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Healthcare providers have been turning to the Internet of Things (IoT) to facilitate their digital transformation since before the coronavirus hit the US—but the pandemic is catalyzing a greater need for the Internet of Medical Things (IoMT).

Insider Intelligence expects the coronavirus pandemic will push the North American IoMT market to be worth $66 billion by 2022, up from a pre-pandemic estimate of $45 billion. We've identified three key areas where healthcare providers can reap the most value from IoT initiatives now and post-pandemic—and where connectivity and tech providers should focus their IoMT strategies.
  • Telemedicine. IoT-enabled remote monitoring solutions can enhance the value of telemedicine by enabling practitioners to deliver remote care that mirrors the in-person experience and allowing care teams to keep tabs on patients with prevalent chronic conditions from afar.
  • Preventative care. The IoMT can facilitate the healthcare industry's transition from a reactive care model to a preventive one. The data generated from connected medical devices like wearables and sensor-embedded garments can detect clinical deterioration in real-time, and with heightened accuracy—enabling earlier intervention from providers.
  • Operations. IoMT solutions can streamline operational tasks to help alleviate burned-out doctors who say admin is a key driver of...
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This is just a preview of the information and insights you'll find in the Internet of Medical Things report by Insider Intelligence. Purchase the report today for $495 to access the full analysis.
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