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Internet of Things (IoT) is the networking of devices, and buildings that enables collection and sharing of information directly via internet protocols. IoT in healthcare bridges digital and physical worlds to monitor and modify patient behavior in real-time and manage conditions, such as asthma, diabetes, and high blood pressures $streamlining various clinical processes and information flow. IoT can bring together people (patients, caregivers, and clinicians), data (patient or member data), processes (care delivery and wellness), and enablers (fitness and medical devices and mobile applications) to efficiently deliver healthcare results. IoT helps deliver intelligent and measurable information to improve overall efficiency in different aspects of healthcare."

VISIONARY LEADERS

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

INNOVATORS

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

DYNAMIC DIFFERENTIATORS

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

EMERGING COMPANIES

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.

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IoT Healthcare Market

Comparing 29 vendors in IoT Healthcare Market across 8 criteria.
  • 4.6

    Cisco Systems is one of the leading IoT solutions and technology provider, catering to large enterprises, commercial businesses, service providers, and consumers. In the IoT healthcare market, Cisco Systems offers a wide range of solutions, including Cisco Care-at-a-Distance solutions, Cisco Clinical Workflow solutions, Cisco Connected Imaging solutions, Cisco Patient Engagement, Cisco Mobility Service Engine, Cisco WebEx, Cisco Energy Management Suite, Cisco Umbrella, Cisco Medical NAC, Cisco Extended Care, and Cisco Virtual Patient Observation solutions. Cisco Care-at-a-Distance Solutions provides patient engagement and remote health monitoring capabilities to hospitals and clinics. Cisco Clinical Workflow Solutions help hospitals and clinics streamline their workflow by enhancing patient examination and consultations and improving collaboration among healthcare teams. Cisco Connected Imaging Solutions enable interoperability between disparate systems to provide a patient-centric view of medical data and promote effective and efficient image consultations with radiologists and physicians in any location.

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    • Enterprise
    • California, USA
    • Founded: 1984
    • $10BN to $50BN
    • 50,001 to 75,000
  • 4.6

    IoT solution offerings by GE Healthcare for the healthcare sector includes GE Patient Monitoring Systems, GE Health Cloud, Centricity-Healthcare IT, GE Breast Health Advantage, GE Dose Management Overview, GE Workforce Optimization, GE Asset Optimization, Connected Medical Devices, GE DoseWatch system, and GE Care Delivery Management. GE Patient Monitoring Systems offered by the company are fetal monitoring solutions, which include Telemetry Systems for large healthcare organizations and growing hospitals. GE Connected Medical Devices include medical devices for mammography, bone health, computed tomography, diagnostic ECG, EP recording, hemodynamics recording, life sciences, MRIs, maternal and infant care, metabolic health, molecular imaging, nuclear imaging, radiography, surgical imaging, and ultrasound. GE DoseWatch system is a web-based and cloud deployed dose management system, which captures, tracks, and reports radiation dose statistics directly from imaging devices. GE Care Delivery Management solutions help healthcare service providers streamline primary and specialty care workflows, including clinical documentation, quality reporting, analytics, and surveillance.

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    • Enterprise
    • Massachusetts, USA
    • Founded: 1892
    • More than $100 BN
    • 1,00,001 to 5,00,000
  • 4.6

    IBM is a global technology and innovation provider and offers various IoT solutions, including IBM IoT cloud open platform, IBM Bluemix IoT Zone, and IBM Watson Health Cloud for analytics to customers in the healthcare industry. IBM IoT cloud open platform offers analytics services, which help clients, partners, and IBM to design and deliver IoT solutions for various industry verticals, including healthcare. The IBM Watson Health Cloud for analytics solution helps healthcare organizations and customers to gather clinical, research, and social data from a diverse range of sources such as connected devices. IBM offers IoT services, such as IBM Bluemix IoT Zone. This is a platform-as-a-service, which helps developers to integrate IoT data into cloud-based development and later helps in the deployment of IoT applications. The company offers innovative IoT-based solutions, which is expected to offer competitive advantage to the company. However, the high cost of IoT solutions and services offered can be a major challenge for the company.

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    • Enterprise
    • New York, USA
    • Founded: 1911
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • 4.6

    Medtronic offers various IoT solutions and services in the healthcare sector, including Medtronic CareLink Systems, Connected Medical Devices, Reveal LINQ Insertable Cardiac Monitor (ICM) with TruRhythm Detection, Signia Stapling System, MiniMed Connect mobile accessory, and Medtronic CareLink Network service. Medtronic CareLink System enabled patients with certain insulin pumps and heart devices to download information captured by their device and transfer that data via a secure server to the CareLink website. Connected medical devices include wearables and implantable medical devices for cardiac rhythm; cardiovascular; diabetes; Ear, Nose, and Throat (ENT); neurological; orthopaedic; spinal; and urological diseases.

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    • SME
    • 501 to 1,000
  • 4.6

    Philips offers various cloud-based and innovative solutions to customers in the IoT healthcare market. The offerings include Philips HealthSuite digital platform, Philips Telehealth solutions, Philips Cableless measurement devices, Philips IntelliVue Telemetry System, Philips Lumify ultrasound app, Care Orchestrator care management application, Philips Efficia value monitoring and patient care solutions, Philips Patient Monitoring Systems, Philips Radiology Solutions, Philips Lifeline GoSafe, and Philips AVENT Smart Baby Monitor. Royal Philips HealthSuite digital platform is a cloud-based clinical data and analytics platform, which wirelessly integrates the data from connected medical devices. Philips Telehealth is a remote patient monitoring solution, which enables clinicians to remotely monitor chronic patients for better decision-making. Philips Cableless measurement devices include mobile cable less non-invasive blood pressure cuffs, SpO2 sensors, and respiration accessories used to gather vital patient data. Philips IntelliVue Telemetry System offers surveillance of ambulatory cardiac patients, maintaining seamless connections between the IntelliVue Information Center and telemetry devices.

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    • Enterprise
    • Amsterdam, Netherlands
    • Founded: 1891
    • $10BN to $50BN
    • 501 to 1,000
  • 4.59
    • Enterprise
    • New Jersey, USA
    • Founded: 1906
    • $10BN to $50BN
    • 10,001 to 15,000
  • 4.57
    • Enterprise
    • California, USA
    • Founded: 1985
    • $10BN to $50BN
    • 30,001 to 35,000
  • 4.52
    • Enterprise
    • Weinheim, Germany
    • Founded: 1972
    • $10BN to $50BN
    • 75,001 to 1,00,000
  • 4.44
    • Enterprise
    • Uttar Pradesh, India
    • Founded: 1991
    • $5BN to $10BN
    • 1,00,001 to 5,00,000
  • 4.44
    • Enterprise
    • California, USA
    • Founded: 1968
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • 4.38
    • Enterprise
    • Washington, USA
    • Founded: 1975
    • More than $100 BN
    • 1,00,001 to 5,00,000
  • 4.19
    • Enterprise
    • Texas, USA
    • Founded: 1983
    • More than $100 BN
    • 1,00,001 to 5,00,000
  • 4.14
    • SME
    • 501 to 1,000
  • 4.07
    • Enterprise
    • Chicago, United States
    • Founded: 1986
    • $1BN to $5BN
    • 5,001 to 10,000
  • 4.07
    • Enterprise
    • Newbury, Berkshire, UK
    • Founded: 1991
    • $50BN to $100BN
    • 75,001 to 1,00,000
  • 3.38
    • SME
    • 501 to 1,000
  • 2.52
    • Startup
    • New York, New York, United States of America
    • 51 to 100
  • 2.52
    • SME
    • San Francisco, California, US
    • Founded: 2001
    • $11MN to $50MN
    • 51 to 100
  • 2.52
    • Enterprise
    • Massachusetts, US
    • Founded: 1997
    • $1BN to $5BN
    • 5,001 to 10,000
  • 2.52
    • SME
    • North Sydney, Australia
    • Founded: 1991
    • $101MN to $500MN
    • 101 to 500
  • 2.52
    • SME
    • 501 to 1,000
  • 2.52
    • SME
    • Redwood City, California, US
    • Founded: 2001
    • $11MN to $50MN
    • 51 to 100
  • 2.52
    • SME
    • 501 to 1,000
  • 0.69
    • SME
    • London, United Kingdom
    • Founded: 1986
    • $101MN to $500MN
    • 501 to 1,000
  • 0.4
    • SME
    • 501 to 1,000
    • SME
    • Oklahoma, USA
    • Founded: 1996
    • Below $10 MN
    • 1 to 50
    • SME
    • Founded: 1987
    • Enterprise
    • California, USA
    • Founded: 1977
    • $10BN to $50BN
    • 1,00,001 to 5,00,000
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