Top 10 leading companies In The Global IoT in Healthcare Market
IoT in Healthcare Market to Reach Valuation of USD 190 Billion by 2028 - Increasing Demand from automotive, and media and entertainment Industries to Bloom Market
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Market Overview:
According to vantage market research the Global IoT in Healthcare Market is valued at USD 73.5 Billion in 2021 and is projected to attain a value of USD 190 Billion, at a CAGR of 25.9% during the forecast period, 2022–2028.
Increasing focus on active patient engagement & patient-centric care, increasing demand for high-speed network technologies for IoT connectivity, rising focus on patient-centric service delivery through various channels and increasing need for adoption of cost-control measures in the healthcare sector are some of the major factors that propelling the growth of IoT in healthcare market over the coming years.
Various governments are started focusing on the promotion of digital health. With this regards, heavy investments has been done for setting up the requisite infrastructure, inviting investors & top market players, organizing conferences, promoting digital health, restructuring the healthcare system and implementing regulations mandating the use of EHR (electronic health records). This government initiatives is expected to provide various growth opportunities for IoT in healthcare market in near future.
Following are the top 10 leading companies in the Global IoT in Healthcare market
- Microsoft Corporation
- Siemens AG
- GE Healthcare
- Medtronic
- Intel
- SAP SE
- Oracle
- Cisco Systems
- Bosch
- IBM Corporation
|
Company Name |
Revenue in USD |
|
· Microsoft Corporation |
$168 Billion |
|
· Siemens AG |
$17 Billion |
|
· GE Healthcare |
$18 Billion |
|
· Medtronic |
$30 Billion |
|
· Intel |
$79 Billion |
|
· SAP SE |
$31 Billion |
|
· Oracle |
$40 Billion |
|
· Cisco Systems |
$49 Billion |
|
· Bosch |
$81 Billion |
|
· IBM Corporation |
$73 Billion |
Microsoft Corp. was established in 1975. Headquartered in U.S., the company engages in the provision of developing and marketing software and hardware services. The company's products includes operating systems for computing devices, servers, phones and intelligent devices. It also offers server applications for distributed computing environments, productivity applications, business solution applications, desktop and server management tools, software development tools, video games, and online advertising.
Siemens AG was established in 1847. Headquartered in Germany, the company is engaged in electrification, automation, and digitalization with strong presence in over 200 countries. The company operates through the following reportable segments power & gas, energy management, building technologies, mobility, digital factory, and process industries. The mobility division combines all companies businesses in the area of passenger and freight transportation, including rail vehicles, rail automation systems, rail electrification systems, road traffic technology, digital solutions, and electro mobility.
GE Healthcare was established in 1994. Headquartered in U.S., the company provides digital infrastructure, medical technologies, data analytics, and decision support tools that help healthcare professionals diagnose, treat, and monitor their patients. The company also provides services, consumables, education, accessories, consulting, and training. The company offers various operating segments such as imaging, ultrasound, life science care, and enterprise software and solutions.
Medtronic was established in 1949. Headquartered in U.S., the company offers innovative services and solutions to hospitals, physicians, clinicians, and patients. The company operates through four operating segments such as Cardiac & Vascular, Minimally Invasive Therapies, Restorative Therapies, and Diabetes. Each group is separated into business divisions that deliver a wide range of medical technologies, therapies, services, and solutions.
Intel was established in 1968. Headquartered in U.S., the company operates through supplying processors for leading computer system manufacturers such as Lenovo, Apple, HP, Dell and others. The company also manufactures network interface controllers, motherboard chipsets, integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing. Intel is one of the main player in artificial intelligence sector and have done partnership with GE to deliver artificial intelligence solutions. The company offers Intel processors for deep learning to be used in cloud to edge devices.
SAP SE was established in 1972. Headquartered in Germany, the company develops enterprise software to manage business operations and customer relations. The company's enterprise resource planning software integrates back-office functions such as analytics, accounting, distribution and human resources, and comes in on-premises and cloud-linked forms. Besides enterprise software, the company provides expenses management and external workforce management. The company serves more than 440,000 customers in upwards of 25 industries across more than 180 countries.
Oracle was established in 1977. Headquartered in U.S., the company provides products and services that address enterprise information technology (IT) environments. The enterprise software company offers a range of cloud-based applications and platforms as well as hardware and services to help companies to improve their processes. The company also provides an enterprise resource planning, data management, collaboration, content and experience, business analytics, IT operations management, security, and emerging technologies.
Cisco Systems was established in 1984. Headquartered in U.S., the company develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.The company specializes in specific tech markets, such as the Internet of Things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, and Jasper. Cisco is one of the largest information technology companies in the world ranking 63 on the Fortune 100.
Bosch was established in 1886. Headquartered in Germany, the company is a leading global supplier of technology & services and offers four business sectors mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control) and energy and building technology. The company's products and services are designed to spark enthusiasm, improve quality of life, and help conserve natural resources. The company also offers innovative solutions for smart homes, Industry 4.0, and connected mobility.
IBM Corporation was established in 1911. Headquartered in U.S., the company produces and sells computer hardware, middleware & software, and provides hosting & consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization and inventions by IBM includes the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM).
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