The global market for IoT in healthcare is expected to reach $534.3 billion by 2025, according to Grand View Research. This growth is driven by advances in technology and the accelerating adoption of healthcare information systems, remote patient monitoring, and smart wearables, among others.
Despite these huge opportunities, adding IoT into the healthcare mix also presents new challenges for healthcare organizations. Their deep expertise lies in patient care and health and they are, understandably, often less experienced in IoT and related technologies. The technical, regulatory, and operational complexities this side of the business presents should not be underestimated.
Each IoT healthcare product and service has its own unique requirements – that’s part of the challenge. However, these are some common areas to consider as you engage an IoT partner and prepare to develop, launch and expand services.
Read the new Mobile World Live Case Study: Future-proofing healthcare IoT Services to launch your IoT products and services with confidence.
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