Security Boulevard December 20, 2019
The healthcare internet of things (IoT) market is expected to reach 543 billion by 2025 — at an annual growth rate of roughly 20%, according to a report from Grand View Research. Research firm Gartner pegs healthcare IoT growth in 2020 at 29%.
What’s fueling the growth is the thirst for real-time data to help improve health and manage chronic illness. The thinking being monitoring, mobile platforms, and analytics have cut the rate of readmissions of patients suffering from congestive heart failure, diabetes, and blood pressure, Grand View Research said in its statement.
There are a lot of examples of compelling reasons the healthcare industry will want to embrace IoT. IoT has helped hospitals reduce emergency room wait times by...
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