𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐌𝟐𝐌 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰
Healthcare is one of the most basic necessities that not only improves one’s quality of life but also extends one’s average lifespan, ensuring one’s future stability. Machine-to-Machine (M2M) is a critical technology in healthcare for improving patient care and providing remote health monitoring options. Moreover, the recording is sent to a particular software program through wired or wireless connectivity, which transforms the recorded data into useable information for physicians sitting far away from the patient. These sensors may be implanted to a patient’s body 24 hours a day, seven days a week, to allow doctors to monitor their health. Machine-to-machine communication may improve healthcare facilities in a variety of ways, including improved patient care and ease for both caregivers and care recipients. Machine-to-machine technology is divided into two categories: wired and wireless technologies. Both are connected to equipment of the same kind and allow communication between them.
𝐓𝐨 𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭 –https://www.coherentmarketinsights.com/insight/request-sample/1597
𝐃𝐫𝐢𝐯𝐞𝐫𝐬
Increased healthcare expenditures worldwide, particularly in developed nations such as North America, are a key component driving development in the global healthcare M2M market. Patients’ financial burden is increased when they visit hospitals, as hospitals have significant maintenance costs owing to pricey technology. As a result, M2M facilities would be advantageous to all of these healthcare stakeholders. The global incidence of chronic diseases like diabetes, cardiovascular disease, and cancer is fuelling the global healthcare M2M market’s expansion. In 2017, the International Diabetes Federation’s (IDF) Diabetes Atlas estimated that approximately 425 million people globally had diabetes. Cancer is one of the most common non-communicable diseases and the second largest cause of death globally, according to the World Health Organization (WHO). According to the International Agency for Research on Cancer (IARC), cancer affected approximately 14.1 million new cases, 8.8 million deaths, and 32.6 million people in 2012. As a result of the high frequency of chronic disease, regular monitoring and follow-up with a physician is required, which may not be achievable if physical infrastructure is only relied upon.
The global healthcare M2M market is growing due to continual advancements in wireless technologies that fill the gap between the health professional and the healthcare consumer.
𝐀𝐬𝐤 𝐅𝐨𝐫 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐁𝐞𝐟𝐨𝐫𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.coherentmarketinsights.com/insight/request-discount/1597
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
The global healthcare M2M market in North America is dominated by the region’s rising concern over healthcare spending. The U.S. has the largest per capita health spending of about US$ 10,000, according to the Organization for Economic Cooperation and Development (OECD). M2M in healthcare has the potential to significantly cut costs. The expansion of the global healthcare M2M market is also being fueled by the rising prevalence of chronic diseases. According to a 2017 estimate by the International Diabetes Federation, the United States spends about US$377 billion per year on diabetes, accounting for around 52 percent of total healthcare spending. Healthcare M2M enables continuous diagnostics and prompt follow-up, lowering the risk of sudden cardiac mortality. The global healthcare M2M market is anticipated to increase due to a shortage of trained physicians.
Due to their large populations and lack of appropriate healthcare facilities, economies like China and India are projected to be profitable for the expansion of the healthcare M2M industry. During the forecast period, telemedicine facilities are also projected to boost market expansion in these areas.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Major companies contributing in the global healthcare M2M market are GE Healthcare, Athena health, Inc., IBM Corporation, Allscripts Healthcare Solutions Inc., Sierra Wireless, Inc., Gemalto NV., Deutsche Telekom, AT&T Inc., Stanley Healthcare, Cisco Systems Inc., and Apple Inc.
𝐓𝐨 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 –https://www.coherentmarketinsights.com/insight/buy-now/1597
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