Connected, Internet of Things (IoT) Driven Healthcare

Connected, Internet of Things (IoT) Driven Healthcare

The medical device market in the United States accounts for almost 5% of the total healthcare market with total annual spend of $3 trillion. This market includes a wide range of products from simple devices like thermometers to more complex IoT devices like patient monitors, smart infusion pumps, and MRI scanners.

A big trend driving the medical device market is wireless (IoT) and mobility. There are several key long-term policy and developments driving this:

  • Electronic health record (EHR)
  • Patient safety
  • Patient mobility and quality of care
  • Asset tracking and utilization

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