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iIoT Adoption in Healthcare is Surging
IoT is becoming the pulse of healthcare . The pandemic has only served to fuel this adoption .
IoT is changing healthcare . The demand for IoT devices that support functional areas such as remote patient monitoring and contact tracing has escalated since the pandemic . But even before its onslaught , IoT adoption in healthcare was on the rise .
Transformation in healthcare delivery by way of IoT has gained traction over the course of the past decade . During this time , IoT use cases supporting patient tracking and management , remote
Download whitepaper here diagnostics , hygiene care , remote monitoring , predictive maintenance of medical devices and others made their way into the healthcare line of business .
In fact , a Gartner survey analysis published in January 2020 found that 86 % of responding healthcare delivery organizations ( HDOs ) reported an IoT solution in place for most lines of business1 . Fast forward to now , Omdia estimates more than 250 million medical devices were introduced in the global market in 2020 – with an additional 500 million expected to enter the market by 2025 .
• 48 % HDOs using IoT in full scale deployments ( multiple use cases and projects )
• 31 % HDOs using IoT in single use case deployments ( single use case and projects )
• 21B IoT spend by healthcare providers in 2019
• 54B IoT spend by healthcare providers in 2029
• 10 % CAGR
The healthcare industry is embracing IoT with no signs of slowing down . But how well is it prepared to cope with the grave security challenges arising out this adoption trend ?
IoMT devices offer a remarkably low barrier to entry for cyber attackers , requiring a new security paradigm .
While the Internet of Things is revolutionizing healthcare , unfortunately there are challenges that need to be addressed . Security is one such challenge and remains to be the greatest barrier to adoption .
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