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Information Technology : Technology Hardware, Storage & Peripherals | Large Cap Blend
Company profile

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. The Company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company's other operating segments. Its products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.

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IoT in Healthcare Market to Reach $176.82 Billion by 2026; Increasing Investment in Technological Intervention Will Bode Well for Market Growth, says Fortune Business Insights(TM)

12:40 pm ET August 31, 2020 (Globe Newswire) Print

The internet of things has opened up an array of applications across diverse industry verticals. Technological advancements through the integration of IoT have been phenomenal. The use of IoT in healthcare and medical devices has allowed faster diagnosis as well as treatment of serious diseases. IoT creates an interconnected network infrastructure which makes it easier for access, storage, and transfer of data. This concept is solving the rural conundrums wherein healthcare facilities were few and far.

The global IoT in healthcare market size is projected to reach USD 176.82 billion by the end of 2026. The increasing demand for efficient healthcare solutions will lead to a wider product adoption in the coming years. According to a report published by Fortune Business Insights, titled "Internet of Things (IoT) in Healthcare Market Size, Share & Industry Analysis, By Component (Devices, Software, and Services), By Software (Remote Device Management, Data Analytics, Compliances & Security, Asset Performance Management, Others), By Application (Telemedicine, Patient Monitoring, Operations and Workflow Management, Remote Scanning, Sample Management), By End-use (Laboratory Research, Hospitals, Clinics) and Regional Forecast, 2019-2026," the market was worth USD 30.96 billion in 2018 and will exhibit a CAGR of 24.5% during the forecast period, 2018-2026.

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The benefits offered by IoT in healthcare have led to a wider product adoption across the world. The increasing emphasis on the development of efficient products that will help solve and diagnose the complications of serious disorders in a short time will bode well for the growth of the overall market in the coming years. Moreover, the high investment in the integration of technological concepts such as IoT in the healthcare industry will emerge in favor of market growth.

Increasing Number of Company Mergers Will Emerge in Favor of Market Growth

The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth. The high investment in adoption of technologically sound methods in several healthcare applications by major companies will create several opportunities for market growth. In March 2018, Koninklijke Philips N.V. announced that it has collaborated with Samsung Electronics. Through this collaboration, Philips will look to connect its digital platform with Samsung's ARTIK Smart IoT platform. The companies will boost their research and development activities associated with integration of IoT in healthcare services. Koninklijke's collaboration with Samsung Electronics will not just benefit the company but will have a direct impact on the growth of the overall market in the coming years.

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Asia Pacific to Account for the Highest Share; Increasing Awareness Regarding Health Monitoring Services will Aid Growth

The report analyzes ongoing market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the market in Asia Pacific is projected to emerge dominant in the coming years. The high investment in the development of advanced healthcare systems that can detect and diagnose diseases at an early stage will fuel the demand for the product. Additionally, the growing awareness regarding health monitoring services will emerge in favor of market growth. As of 2018, the market in Asia Pacific was worth USD 12.04 billion and this value is projected to increase further in the coming years.

List of Key Companies Profiled In IoT in Healthcare Market Are:

--, Inc. (AWS)

-- Cisco Systems, Inc.

-- General Electric Company

-- Intel Corporation

-- International Business Machines (IBM) Corporation

-- Koninklijke Philips N.V.

-- Microsoft Corporation


-- Senseonics Holdings, Inc.

-- SGH Group

-- TeleTracking Technologies, Inc.

-- Wipro Ltd.

Industry Developments:

May 2016: SAP SE announced the launch of a new healthcare platform to provide patient-centric solutions. The company states that through this platform, hospitals, healthcare providers, and researchers will be able to reduce operational and maintenance costs and as well as offer connected healthcare services.

Quick Buy - IoT in Healthcare Market Research Report:

Detailed Table of Content

-- Introduction

    -- Definition, By Segment

    -- Definition, By Segment

    -- Research Approach

    -- Sources

    -- Executive Summary

    -- Market Dynamics

      -- Drivers, Restraints and Opportunities

      -- Drivers, Restraints and Opportunities

      -- Emerging Trends

      -- Key Insights

        -- Macro and Micro Economic Indicators

        -- Macro and Micro Economic Indicators

        -- Consolidated SWOT Analysis of Key Players

        -- Porter's Five Forces Analysis

        -- Global IoT in Healthcare Market Analysis, Insights and Forecast, 2015-2026

          -- Key Findings / Summary

          -- Key Findings / Summary

          -- Market Size Estimates and Forecasts

            -- By Component (Value)

            -- By Component (Value)

            -- Devices

            -- Software

            -- Services

            -- By Software (Value)

            -- Remote Device Management

            -- Remote Device Management

            -- Data Analytics

            -- Compliances & Security

            -- Asset Performance Management

            -- Others (Data Storage, Electronic Health Record, and Others)

            -- By Application (Value)

            -- Telemedicine

            -- Telemedicine

            -- Patient Monitoring

            -- Operations and Workflow Management

            -- Remote Scanning

            -- Sample Management

            -- Others (Predictive Devices Maintenance, Medication Management, and Others)

            TOC Continued..

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            Internet of Things (IoT) Market Size, Share and Industry Analysis By Platform (Device Management, Application Management, Network Management), By Software & Services (Software Solution, Services), By End-Use Industry (BFSI, Retail, Governments, Healthcare, Others) And Regional Forecast, 2019 - 2026

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            Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

            Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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