The Internet Of Medical Things: The coronavirus is catalyzing a need for healthcare IoT in the US — here's how connectivity and technology providers are carving out their place in the market

The Internet Of Medical Things: The coronavirus is catalyzing a need for healthcare IoT in the US — here's how connectivity and technology providers are carving out their place in the market

Executive Summary

Healthcare providers have been turning to the Internet of Medical Things (IoMT) to facilitate their digital transformation since before the coronavirus hit the US—but the pandemic has caused a sea change in providers' willingness to implement IoT solutions that augment efforts in preparing for, containing, and diagnosing the virus. As the backbone that powers the IoMT, connectivity and technology providers have a mounting opportunity to capture a larger slice of the market as it evolves alongside the coronavirus pandemic.

Three Key Questions This Report Will Answer:

  • What are the three key areas where healthcare providers can reap the most value from IoT initiatives now and post-pandemic—and where connectivity and tech providers should focus their IoMT strategies?
  • How will emerging technologies strengthen the case for the IoMT in healthcare providers' digital transformation and coronavirus response efforts?
  • How can connectivity and technology providers carve out and expand their footprint in the IoMT ecosystem in ways that unlock the most value.

WHAT’S IN THIS REPORT? In this report, Insider Intelligence explores how the IoMT opportunity for connectivity providers is evolving alongside the coronavirus pandemic, and how these players are carving out their place in the growing market. We first unpack the opportunities for connectivity and technology providers in the IoMT market and outline how the coronavirus pandemic will impact demand for various IoT solutions in healthcare. We then detail how advancements in connectivity technology are propelling the healthcare IoT space forward. Finally, we explore how connectivity and technology players can expand within the IoMT ecosystem, and share insights from executive decision-makers in the space on how their companies determine the best-fit strategy for pursuing new IoMT opportunities.

Here’s what’s in the full report

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authors

Rayna Hollander