Global IoT in Healthcare Market is projected to reach US$ 181.4 Bn in 2022

The global IoT in Healthcare Market is worth US$ 181.4 Bn as of now, and expected to reach US$ 952.3 Bn by the year 2032 at an unparalleled CAGR of 18% between 2022 and 2032.

Ever increasing usage of Internet of Things (IoT) based connected devices in healthcare sector and software solutions in healthcare oriented operations are humungous key factors driving this market growth.

Other vital factors such as rising chronic condition incidence, rising geriatric population presence of a large target patient population, rising diagnosis rate, rising patient awareness about IoT-based portable diagnostic devices, and improvements in overall healthcare infrastructure are also expected to propel market growth.