IoT in Healthcare Market Insights, New Innovations, Research and Growth Factor till 2032
The IoT in Healthcare market globally was valued at approximately US$ 181.4 Billion, and is projected to reach US$ 952.3 Billion by 2032, exhibiting an unprecedented CAGR of 18% between 2022 and 2032, according to market research. Self-health management is becoming increasingly popular worldwide, thanks to the widespread use of wearable medical devices that make it easier to monitor health concerns. Companies like Eversense and Dexcom have received FDA approval for their glucose monitoring devices, which can monitor sugar levels for up to three months. In addition, the Zoll LifeVest 4000 is a wearable defibrillator that can detect irregular heartbeats, or arrhythmias, in both children and adults, potentially preventing sudden cardiac arrest. AI, ML, and NLP technologies are assisting in patient health analysis. However, it is also important to note that security risks associated with IoT in healthcare cannot be ignored, which may limit the growth of the IoT in healthcare market. Futur...