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Internet of Things in Healthcare Market Size & Share to Surpass $190 Bn by 2028: Vantage Market Research

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WASHINGTON, Oct. 14, 2022 (GLOBE NEWSWIRE) — The Global IoT in Healthcare Market is valued at USD 73.5 Billion and according to Vantage Market Research’s recent analysis the size is expected to reach over USD 190 Billion by 2028, exhibiting a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period.

The increasing investment in the implementation of cloud computing is one of the key factors driving the market growth. Primarily driven by the growing penetration of connected devices and the adoption of IoT technologies and solutions in various healthcare institutes. Furthermore, the growing demand for advanced healthcare solutions in remote locations is likely to augment the growth of the internet of things (IoT) in the healthcare market. There are a number of different factors driving the growth in demand for IoT platforms in healthcare industry.

Firstly, the population is aging, and the Internet of things (IoT) is currently trending more among people. Secondly, awareness of the internet of things in healthcare has increased, meaning more people are moving towards advanced healthcare solutions such as medical devices for diagnosis and treatment. And finally, new advanced treatments have emerged that are more effective than ever before. For example, connected wheelchairs allow people with disabilities to communicate with health experts or care providers. An increasing number of IoT platform installations for early and better diagnosis and disease tracking is also contributing to the growth of the market.

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Top Companies Profiled in the IoT in Healthcare Market:

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  • Medtronic (US)
  • GE Healthcare (US)
  • Koninklijke Philips N.V. (Netherlands)
  • Boston Scientific Corporation (US)
  • Cisco System Inc. (US)
  • Honeywell Life Care Solutions (US)
  • Capsule Technologies (US)
  • Siemens (Germany)
  • Microsoft Corporation (US)
  • QUALCOMM Incorporated (US)
  • IBM Corporation (US)
  • Resideo Technologies (US)
  • SAP SE (Germany)
  • Proteus Digital Health (US)

Key Insights and Findings from the In-depth Report:

  • The global IoT in the healthcare market was valued at USD 73.5 billion in 2021 and is all set to surpass USD 190 billion by 2028, exhibiting a CAGR of 25.9% during the forecast period 2022-2028.
  • The study conducted by vantage market research indicates that remote patient monitoring of heart failure patients resulted in a 50% reduction in the 30-day readmission rate.
  • IoT can automate patient care workflow with the help of healthcare mobility solutions next-gen healthcare facilities and new IoT technologies.
  • Oracle states that there are now about 10 billion IoT sensors, and it predicts that there will be 22 billion by 2025.
  • Deloitte says the IoMT market will reach $158.1 billion in 2022 and calls IoMT one of the key healthcare trends.
  • Goldman Sachs claims that remote patient monitoring devices save $300 billion for healthcare organizations annually from other IoT platform technological benefits.

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Market Dynamics & Growth Drivers:

Cloud Computing Integration to Drive Market Growth

The combination of cloud computing with IoT is likely to boost the market over the forecast period. The use of cloud computing techniques allows users to perform tasks easily using services offered over the internet. The combination of cloud technology with the Internet of Things (IoT) has become a kind of catalyst. The integration of these technologies is likely to bring many benefits to the healthcare sector in the coming years. Due to the rapid development in technology, issues have arisen regarding the storage, management, processing, and access of large amounts of data. Transforming data into useful insights and driving cost-effective and productive solutions is a key reason for integration. Moreover, with the increase in the percentage of IoT devices and automation security concerns have also arisen. Cloud solutions provide organizations with reliable authentication and encryption protocols and keep data secure which further boosts the IoT in healthcare market growth.

Increase in IoT Adoption to Drive Market Growth

The growing adoption of Artificial Intelligence (AI) in healthcare industry is anticipated to drive the growth of the global IoT in the healthcare market during the forecast timeline. Most healthcare organizations are gradually moving towards IoT solutions, because of the benefits it provides. The growth is attributed due to the use of IoT in remote monitoring of patients and the data collected through the sensors which help in driving important insights related to various health-related disorders. However, the medical industry’s outdated infrastructure and internet disruptions may hamper the performance of IoT devices, which may hinder market growth in the near future. Moreover, increasing government initiatives to promote digital health industry will further promote the growth of the internet of things in the healthcare market.

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How is IoT Platform Used in Healthcare Industry?

  • For hospitals, the Internet of Things has many options for use in many areas. It helps to track medical equipment on the premises, monitor cleanliness to ensure a sterile environment or control medication inventory.
  • For patients, medical IoT offers great opportunities to monitor health status and prevent various diseases. For example, glucometers and automated insulin delivery (AID) systems provide patients with on-the-spot treatment. This is especially valuable for the older generation.
  • For health insurers, the data obtained with IoHT can enhance underwriting and claims management processes. Additionally, insurance companies can get more information about their customer behavior and tailor services based on the data generated.
  • For healthcare professionals, connected devices help provide more personalized services and immediate medical care to patients. IoT allows doctors to more accurately diagnose and control adherence to treatment, while continuously monitoring health status.

Some of the Types of IoT Healthcare Monitoring Device

1. Glucose monitoring

For the more than 30 million Americans with diabetes, glucose monitoring has traditionally been difficult. It is inconvenient to only check glucose levels and record the results manually, but doing so only knowing the patient’s glucose level at the time the test is administered.

2. Hand hygiene monitoring

Today, many hospitals and other healthcare operations use IoT devices to remind people to clean their hands when they enter hospital rooms. Devices can also provide instructions on how best to sterilize to minimize a specific risk for a particular patient.

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3. Remote patient monitoring

Remote patient monitoring is the most common and known application of IoT devices for the healthcare industry. IoT devices can automatically collect health metrics such as heart rate, temperature, blood pressure, and more from patients who are not physically present or stable in the healthcare facility, without requiring patients to visit providers, or patients do not need to collect it themselves.

4. Heart-rate monitoring

Like glucose, monitoring heart rate can be challenging for patients in healthcare facilities. Periodic heart rate checks do not protect against sharp fluctuations in heart rate, and conventional equipment for continuous heart monitoring in hospitals requires patients to be constantly connected to wire machines, impairing their mobility.

5. Depression and mood monitoring

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Healthcare providers ask patients how they are feeling at regular intervals, but were unable to predict sudden mood swings. Information on depressive symptoms and patients’ general mood is another type of data that has traditionally been difficult to collect regularly. And, also sometimes patients do not report their feelings accurately. “Mood Aware Device” collects and analyzes the data such as blood pressure heart rate and the device infer information about the mental state of the patient.

Browse market data Tables and Figures spread through 145 Pages and in-depth TOC on IoT in Healthcare Market Forecast Report (2022-2028).

Scope of the Report:

Report Attributes Details
Market Size in 2021 USD 73.5 Billion
Revenue Forecast by 2028    USD 190 Billion
CAGR 25.9% from 2022 to 2028
Base Year 2021  
Forecast Year 2022 to 2028
Key Players   •   Medtronic (US)
  •   GE Healthcare (US)
  •   Koninklijke Philips N.V. (Netherlands)
  •   Boston Scientific Corporation (US)
  •   Cisco System Inc. (US)
  •   Honeywell Life Care Solutions (US)
  •   Capsule Technologies (US)
  •   Siemens (Germany)
  •   Microsoft Corporation (US)
  •   QUALCOMM Incorporated (US)
  •   IBM Corporation (US)
  •   Resideo Technologies (US)
  •   SAP SE (Germany)
  •   Proteus Digital Health (US)

Regional Analysis:

Asia Pacific to Witness Rapid Growth in the Forecasted Timeframe

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The health market in the Asia Pacific is expected to grow at the fastest CAGR in the global IoT and the same trend is likely to continue during the forecast period. This is due to the growing demand for healthcare in the region in emerging economies such as China, India, Taiwan, and South Korea. Additionally, the increasing number of smart hospitals and the modernization of network infrastructure are driving the IoT in the healthcare market in this region. Healthcare consulting and remote monitoring are undergoing technological advancements in the field. Additionally, rising health awareness among consumers as well as the growing population is expected to support the growth of IoT in the healthcare market in the near future.

North America held the largest market share in 2021. The US accounts for the largest market share in North America in 2021. This is due to the adoption of healthcare IT solutions in the region. Moreover, the availability of sophisticated infrastructure and the presence of major players is expected to promote the regional growth of the market.

Recent Developments:

  • In 2021: Zyter, Inc. announces the launch of Zyter Smart Hospitals, an end-to-end intelligent solution that leverages the -hospital’s individual data systems, departments, people and the latest Internet of Things (IoT) technology on Zyter’s robust digital communication and collaboration Connects devices.
  • In 2021: Surgical Theaters collaborated with Medtronic to launch Surgical Theaters SyncaR augmented reality (AR) technology with Medtronic’s Stealth Station S8 surgical navigation system.
  • In 2021: Hill ROM introduced a suite of connected solutions to enhance patient outcomes.

Browse More Research Topics on Healthcare Related Reports:

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

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Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy

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American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.

Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” 
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
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DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024

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Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend 
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology

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WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
Download a detailed overview:
https://www.skyquestt.com/sample-request/endpoint-security-market
Endpoint Security Market Overview: 
Report Coverage 
Details 
Market Revenue in 2023 
$ 11.94 billion 
Estimated Value by 2031 
$ 36.01 billion 
Growth Rate 
Poised to grow at a CAGR of 14.8% 
Forecast Period 
2024–2031 
Forecast Units 
Value (USD Billion) 
Report Coverage 
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 
Segments Covered 
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered 
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights 
Updated financial information / product portfolio of players 
Key Market Opportunities 
Rising Number of Connected Devices
Key Market Drivers 
Rising trend of BYOD 
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/endpoint-security-market
Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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