Internet of Things (IoT)

IoT for Healthcare Forecast, 2015-2020: Lowering Costs while Increasing Patient Satisfaction

Wireless and mobile technology has been used in the healthcare market for years and has allowed care providers to remotely communicate with patients through “evisits” or “telehealth” services, using VoIP technology and patients’ mobile devices. Although these services have provided valuable benefits, the Internet of Things (IoT) provides distinct new opportunities to the healthcare industry.

IoT solutions are based on biomedical sensors and devices that provide important clinical and health-related data to healthcare providers. The main driver for using IoT solutions for the healthcare industry is cost savings. However, IoT solutions also provide the added benefits of increased patient satisfaction and improved quality of patient care.

This market study defines the Internet of Things, the networks that support IoT, and the benefits and issues surrounding its deployment. Further, the study discusses the use of IoT in the healthcare market. Finally, the market study provides a five-year forecast of the number of mobile IoT connections to be used for remote patient monitoring in the healthcare industry.


Key Questions Answered

  • What is the Internet of Things?
  • What types of networks are used to support the Internet of Things?
  • What are some of the perceived benefits and issues related to IoT?
  • How and why is IoT being used to support the healthcare industry?
  • What specific IoT solutions are being used in the healthcare industry and which vendors are providing them?
  • How many mobile IoT connections will be used for remote patient monitoring in the healthcare industry over the next five years?
  • How does the number of healthcare-related IoT connections compare to all ‘connected devices’ connections?

Who Should Read

  • Mobile operators
  • Infrastructure OEMs
  • IoT product and solution vendors
  • Financial and investment analysts.

Table of Contents

  • Abstract
  • Executive Summary
    • The Internet of Things (IoT)
    • IoT Solutions for Healthcare
    • U.S. Healthcare IoT Forecast
  • Methodology
  • What is the Internet of Things?
    • History
    • Defining Features
    • Industries and Examples
  • Networks that Support IoT
    • Wireless Personal Area Networks
    • Wi-Fi
    • Low-Power Wide-Area Networks
    • 3GPP Networks – 2G, 3G, LTE and Low Power LTE
    • Satellite
    • WAVE and DSRC
  • Benefits and Issues Related to IoT
    • Benefits
    • Issues
  • IoT for Healthcare – Solution and Use Cases
    • Monitor Patients at Home
    • Treat Patients at Home
    • Clinical Studies
  • IoT for Healthcare – Data and Devices
    • Types of Health Data
    • Types of Devices
  • IoT for Healthcare – Drivers
    • Cost Savings
    • Increased Patient Satisfaction
    • Improved Quality of Patient Care
  • IoT for Healthcare – Issues
    • Security and Privacy
    • Interoperability
    • Data Overload
    • Safety
  • IoT for Healthcare – Vendors
    • AMC Health
    • AT&T
    • BIOTRONIK
    • Cardiocom
    • Dexcom
    • Gentag
    • Honeywell Life Care Solutions
    • IBM
    • Ideal Life
    • Insulet
    • MedM
    • Medtronic
    • Omron Healthcare
    • Philips
    • Propeller Health
    • Proteus Digital Health
    • Qualcomm Life
    • ResMed
    • SRETT
    • Tactio Health Group
    • Telcare
    • Validic
    • Vitalconnect
    • Vodafone
  • U.S. Healthcare IoT Forecast
    • Forecast Methodology and Assumptions
    • U.S. Total Addressable Market Forecast for the Healthcare Industry
    • U.S. Actual Remote Patient Monitoring Forecast for the Healthcare Industry
    • U.S. Healthcare IoT Mobile Connections Compared to All ‘Connected Devices’ Mobile Connections
  • IoT Vendor Profiles
    • Aeris
    • AppCarousel
    • Arkessa
    • Aspenta
    • AT&T
    • Bright Wolf
    • C3 IoT
    • Dell
    • Ericsson
    • Eseye
    • Fybr
    • Globecomm
    • Ingenu
    • Inmarsat
    • InterDigital
    • Intrinsyc
    • Intwine Connect
    • Jasper
    • KORE
    • Lantronix
    • Machine-to-Machine Intelligence Corporation (M2Mi)
    • Numerex
    • Powerhouse Dynamics
    • PrismTech
    • SIGFOX
    • Solair
    • SouthernLINC Wireless
    • Sprint
    • Stream Technologies
    • T-Mobile US
    • ThingWorx
    • Verizon
    • Vodafone
    • Zebra
  • Definitions
    • General
    • Device Types
    • Services
    • Network Technology
  • About iGR
    • Disclaimer

List of Tables

  • Table 1: WPAN Technologies and Wi-Fi Compared
  • Table 2: 3GPP Low-Power Technologies
  • Table 3: Benefits and Issues of IoT
  • Table 4: U.S. Healthcare Industry Total Addressable Market – Post-Acute Care, 2015-2020
  • Table 5: U.S. Healthcare Industry Total Addressable Market – Chronic Care, 2015-2020
  • Table 6: U.S. Healthcare Industry Total Addressable Market – Clinical Trial Patients, 2015-2020
  • Table 7: U.S. Healthcare Industry Total Addressable Market, 2015-2020
  • Table 8: U.S. Actual Remote Monitoring Forecast, 2015-2020, by Type of Patient
  • Table 9: Remotely Monitored Patients as Percent of TAM, 2015-2020
  • Table 10: U.S. Actual Remote Monitoring Forecast, 2015-2020, by Type of Connection
  • Table 11: Total Connections for Connected Devices in the U.S., 2015-2020
  • Table 12: Healthcare IoT Mobile Connections as Percent of Total Connections for Connected Devices in the U.S., 2015-2020

List of Charts and Figures

  • Figure A: IoT Connected Care Solution
  • Figure B: U.S. Actual Remote Monitoring Forecast, 2015-2020, by Type of Patient
  • Figure C: U.S. Actual Remote Monitoring Forecast, 2015-2020, by Type of Connection
  • Figure 1: Mesh Network Topology
  • Figure 2: Piconet Network Topology
  • Figure 3: LoRaWAN Network
  • Figure 4: IoT Connected Care Solution
  • Figure 5: U.S. Healthcare Industry Total Addressable Market – Post-Acute Care, 2015-2020
  • Figure 6: U.S. Healthcare Industry Total Addressable Market – Chronic Care, 2015-2020
  • Figure 7: U.S. Healthcare Industry Total Addressable Market – Clinical Trial Patients, 2015-2020
  • Figure 8: U.S. Healthcare Industry Total Addressable Market, 2015-2020
  • Figure 9: U.S. Actual Remote Monitoring Forecast, 2015-2020, by Type of Patient
  • Figure 10: Remotely Monitored Patients as Percent of TAM, 2015-2020
  • Figure 11: U.S. Actual Remote Monitoring Forecast, 2015-2020, by Type of Connection
  • Figure 12: Total Connections for Connected Devices in the U.S., 2015-2020
  • Figure 13: Healthcare IoT Mobile Connections as Percent of Total Connections for Connected Devices in the U.S., 2015-2020

For additional information on the IoT for Healthcare Forecast, 2015 - 2020: Lowering Costs while Increasing Patient Satisfaction market study, please contact Iain Gillott, at (512) 263-5682 or by email.