Smart Healthcare: How IoT Is Reshaping The Industry
opensource.com, Thursday, December 21,2023
Healthcare is being transformed by the Internet of Things (IoT), and becoming more effective, data-driven, and patient-centred. We take a look at the transformative impact of IoT on the healthcare industry, outlining its potential to improve patient treatment and increase overall healthcare.
The healthcare sector has seen a significant surge in the adoption of Internet of Things (IoT) devices during 2023. Based on a report published by MarketsandMarkets, the worldwide market for IoT in the healthcare sector is anticipated to reach $188 billion by 2025. This growth is expected to be achieved through a compound yearly growth rate (CAGR) of 29.9% from 2020 to 2025.