Flexible Electronics News

IoT in Health Care Market to Grow at 19.9% CAGR Between 2019-2025: Research

Valued at USD$147.1 billion in 2018.

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By: Anthony Locicero

Copy editor, New York Post

The global Internet of Things in the healthcare market size was valued at USD $147.1 billion in 2018 and is anticipated to witness a CAGR of 19.9% over the forecast period. Rising adoption of wearable technology, investments for implementing digital technologies in healthcare institutions, and the emergence of connected care are the key factors boosting industry growth. Technological advancements and growing geriatric population coupled with the rising prevalence of chronic conditions are also p...

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