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Rising Demand For Remote Patient Monitoring Holds Strong IoT Healthcare Opportunities For MNOs

Press Release   •   Jan 10, 2017 03:46 EST

The report analyzes the Internet of Things (IoT) healthcare opportunities for mobile network operations (MNOs) in the global market. Titled, “IoT Healthcare Opportunities For MNOs: Market Forecasts And MNO Approaches,” it is available for sale on the company website. Compiled with the intent of updating stakeholders about the prevailing market dynamics and refined future outlook, the report offers exhaustive information sourced via proven research methodologies. By doing so, the market study provides a data-rich analysis related to various aspects of the IoT healthcare opportunities for MNOs.

IoT connectivity for devices used in the healthcare industry is growing at a rapid pace despite being at a nascent stage. According to the report the number of patients remotely monitored through SIM-based IoT connections is expected to rise at a considerable pace in the near future. By the end of 2020, this number is expected to reach nearly 18 million. However, the healthcare services will account of a meager share in the total wireless IoT SIM-based connections worldwide, thus providing huge scope for growth in the near future.

IoT connectivity based on IM services for remote patient monitoring is growing at an impressive pace, while the share held by fixed connectivity is on decline. The technology is best suited for health conditions requiring constant monitoring. The rising incidence of chronic ailments and the subsequent advances in the healthcare industry aimed at effective treatment are expected to be the chief drivers of creating IoT opportunities for MNOs in the healthcare industry. Besides this, the market is also gaining pace due to the increasing demand for accessing real-time data and for direct patient-to-physician communication.

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SIM-based connectivity has found extensive usage in CRM and sleep therapy. Together, these two sectors account for more than three-quarters of the total SIM-based connections in the healthcare sector. In the coming years, the availability of SIM-based LPWA networks will be a key factor fuelling the demand for SIM-based healthcare services, thereby improving indoor coverage and also enhancing the battery life at lower cost. These benefits are likely to become more profound with the advancements in medical wearable devices, which would enable better monitoring and improving patient comfort.

Besides gauging the various factors encouraging the adoption of IoT in the healthcare sector, the report also presents case studies on various companies. These include Deutsche Telekom, Vodacom, Telefonica, Great Call, ResMed, Medtronic, and others. The recent strategies adopted by these companies and their impact on the overall opportunities for IoT in the healthcare sector are studied in detail. To support the information provides, the report also includes an extensive list of tables and figures to help the readers get a better perspective.

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