US Internet of Medical Things (IoMT) and Remote Patient Monitoring Growth Opportunities

Healthcare US Internet of Medical Things (IoMT) and Remote Patient Monitoring Growth Opportunities

Growth Strategies to Boost Health Data Quality and Value

INDUSTRY
Healthcare

RELEASE DATE
06-May-2022
REGION
North America
DELIVERABLE TYPE
Market Research

RESEARCH CODE
K763-01-00-00-00
SKU
HC03538-NA-MT_26515
Yes
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US Internet of Medical Things (IoMT) and Remote Patient Monitoring Growth Opportunities
Published on: 06-May-2022 | SKU: HC03538-NA-MT_26515

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Frost & Sullivan has recognized remote patient monitoring as one of the top 5 trends in digital health investments. This report addresses how the Internet of Medical Things (IoMT) market offers significant growth opportunities in remote patient monitoring for all healthcare stakeholders and leading information and communication technology (ICT) companies. The volume of data available from remote patient monitoring devices will continue to increase as the convergence of IoMT, 5G, and WiFi 6 creates the infrastructure needed to support it. With the exponential increase in the data flow, there will be a need to prioritize data quality and enhance data security and privacy.

The report focuses exclusively on the IoMT market in the United States. It segments the market according to its industry participants, which are as follows: medical device companies, electronic health records (EHR) or electronic medical record (EMR) companies, healthcare providers, payers, pharmaceutical companies, telehealth & virtual healthcare companies, and private & equity firms. The report identifies the current strengths of ICT companies that can help them enter the digital healthcare market. The drivers, restraints, and growth opportunities for this market have also been provided.

Author: Victor Camlek

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives Emerging from the IoMT Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Definitions

The IoMT Model for RPM

Market Segmentation by Industry Participants

How does SDoH Impact Patient Health?

Why does SDoH Matter in RPM?

Towards a Patient-centric Model

Growth Drivers

Growth Drivers Analysis

Growth Drivers Analysis (continued)

Growth Restraints

Growth Restraints Analysis

Growth Restraints Analysis (continued)

Growth Opportunity 1: Enhancement of Patient Health Data Value while Guaranteeing Compliance

Growth Opportunity 1: Enhancement of Patient Health Data Value while Guaranteeing Compliance (continued)

Growth Opportunity 2: Integration of SDoH and PGHD for Better Patient Outcomes

Growth Opportunity 2: Integration of SDoH and PGHD for Better Patient Outcomes (continued)

Growth Opportunity 3: Health Information Exchange Solutions for Data Interoperability

Growth Opportunity 3: Health Information Exchange Solutions for Data Interoperability (continued)

Growth Opportunity 4: Big ICT Companies’ Potential Expansion into IoMT and RPM

Growth Opportunity 4: Big ICT Companies’ Potential Expansion into IoMT and RPM (continued)

List of Exhibits

Legal Disclaimer

List of Figures
  • IoMT for RPM: Growth Drivers, United States, 2022–2027
  • IoMT for RPM: Growth Restraints, United States, 2022–2027

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Frost & Sullivan has recognized remote patient monitoring as one of the top 5 trends in digital health investments. This report addresses how the Internet of Medical Things (IoMT) market offers significant growth opportunities in remote patient monitoring for all healthcare stakeholders and leading information and communication technology (ICT) companies. The volume of data available from remote patient monitoring devices will continue to increase as the convergence of IoMT, 5G, and WiFi 6 creates the infrastructure needed to support it. With the exponential increase in the data flow, there will be a need to prioritize data quality and enhance data security and privacy. The report focuses exclusively on the IoMT market in the United States. It segments the market according to its industry participants, which are as follows: medical device companies, electronic health records (EHR) or electronic medical record (EMR) companies, healthcare providers, payers, pharmaceutical companies, telehealth & virtual healthcare companies, and private & equity firms. The report identifies the current strengths of ICT companies that can help them enter the digital healthcare market. The drivers, restraints, and growth opportunities for this market have also been provided. Author: Victor Camlek
More Information
Deliverable Type Market Research
Author Victor Camlek
Industries Healthcare
No Index No
Is Prebook No
List of Charts and Figures IoMT for RPM: Growth Drivers, United States, 2022–2027~ IoMT for RPM: Growth Restraints, United States, 2022–2027~
Podcast No
WIP Number K763-01-00-00-00