The North America 5G In Healthcare Market would witness market growth of 38.8% CAGR during the forecast period (2024-2031).
The US market dominated the North America 5G In Healthcare Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $147,538.8 million by 2031. The Canada market is experiencing a CAGR of 41.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 40.5% during (2024 - 2031).
The integration of 5G technology into the healthcare industry represents a monumental leap forward in delivering, accessing, and managing medical services. As one of the most transformative technologies of the 21st century, 5G is redefining connectivity by offering unprecedented speeds, ultra-low latency, and enhanced network reliability. These features drive innovations across industries, with healthcare emerging as one of the primary beneficiaries.
Moreover, the ability of 5G to handle vast amounts of data at lightning speeds is revolutionizing various aspects of healthcare, including telemedicine, remote patient monitoring, robotic-assisted surgeries, precision medicine, and medical research. This advancement is not merely a technological upgrade; it is a game-changing development poised to improve patient outcomes, increase efficiency in medical practices, and bridge the gap between patients and healthcare providers, regardless of geographical constraints.
Similarly, in Canada, healthcare expenditures reached approximately CAD 331 billion in 2022, according to the Canadian Institute for Health Information (CIHI). This significant investment reflects the country's dedication to maintaining and improving its healthcare system. The funds are allocated across various sectors, including hospital services, physician services, and public health initiatives, to ensure comprehensive care for all Canadians. The integration of technologies, such as 5G, is currently being investigated in order to improve patient access, enhance healthcare delivery, and support innovative medical research.
Free Valuable Insights: The 5G In Healthcare Market is Predict to reach USD 627.3 Billion by 2031, at a CAGR of 39.5%
Based on Component, the market is segmented into Hardware and Services. Based on End Use, the market is segmented into Healthcare Providers, Healthcare Payers, and Other End Use. Based on Application, the market is segmented into Remote Patient Monitoring, Connected Medical Devices, AR/VR, Connected Ambulance, and Asset Tracking. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- AT&T Inc.
- Verizon Communications, Inc.
- Ericsson AB
- Cisco Systems, Inc.
- Nokia Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Orange S.A.
- Samsung Electronics Co., Ltd. (Samsung Health)
- NEC Corporation
- BT Group plc
North America 5G In Healthcare Market Report Segmentation
By Component
By End Use
- Healthcare Providers
- Healthcare Payers
- Other End Use
By Application
- Remote Patient Monitoring
- Connected Medical Devices
- AR/VR
- Connected Ambulance
- Asset Tracking
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America 5G In Healthcare Market, by Component
1.4.2 North America 5G In Healthcare Market, by End Use
1.4.3 North America 5G In Healthcare Market, by Application
1.4.4 North America 5G In Healthcare Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2024, Oct) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America 5G In Healthcare Market by Component
5.1 North America Hardware Market by Region
5.2 North America Services Market by Region
Chapter 6. North America 5G In Healthcare Market by End Use
6.1 North America Healthcare Providers Market by Country
6.2 North America Healthcare Payers Market by Country
6.3 North America Other End Use Market by Country
Chapter 7. North America 5G In Healthcare Market by Application
7.1 North America Remote Patient Monitoring Market by Country
7.2 North America Connected Medical Devices Market by Country
7.3 North America AR/VR Market by Country
7.4 North America Connected Ambulance Market by Country
7.5 North America Asset Tracking Market by Country
Chapter 8. North America 5G In Healthcare Market by Country
8.1 US 5G In Healthcare Market
8.1.1 US 5G In Healthcare Market by Component
8.1.2 US 5G In Healthcare Market by End Use
8.1.3 US 5G In Healthcare Market by Application
8.2 Canada 5G In Healthcare Market
8.2.1 Canada 5G In Healthcare Market by Component
8.2.2 Canada 5G In Healthcare Market by End Use
8.2.3 Canada 5G In Healthcare Market by Application
8.3 Mexico 5G In Healthcare Market
8.3.1 Mexico 5G In Healthcare Market by Component
8.3.2 Mexico 5G In Healthcare Market by End Use
8.3.3 Mexico 5G In Healthcare Market by Application
8.4 Rest of North America 5G In Healthcare Market
8.4.1 Rest of North America 5G In Healthcare Market by Component
8.4.2 Rest of North America 5G In Healthcare Market by End Use
8.4.3 Rest of North America 5G In Healthcare Market by Application
Chapter 9. Company Profiles
9.1 AT&T, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Verizon Communications, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Ericsson AB
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Cisco Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Orange S.A.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Product Launches and Product Expansions:
9.6.4.2 Acquisition and Mergers:
9.7 Samsung Electronics Co., Ltd. (Samsung Group)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 Nokia Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.6 SWOT Analysis
9.9 NEC Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. BT Group plc
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis
TABLE 1 North America 5G In Healthcare Market, 2020 - 2023, USD Million
TABLE 2 North America 5G In Healthcare Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– 5G In Healthcare Market
TABLE 4 Product Launches And Product Expansions– 5G In Healthcare Market
TABLE 5 Acquisition and Mergers– 5G In Healthcare Market
TABLE 6 North America 5G In Healthcare Market by Component, 2020 - 2023, USD Million
TABLE 7 North America 5G In Healthcare Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Hardware Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Hardware Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Services Market by Region, 2020 - 2023, USD Million
TABLE 11 North America Services Market by Region, 2024 - 2031, USD Million
TABLE 12 North America 5G In Healthcare Market by End Use, 2020 - 2023, USD Million
TABLE 13 North America 5G In Healthcare Market by End Use, 2024 - 2031, USD Million
TABLE 14 North America Healthcare Providers Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Healthcare Providers Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Healthcare Payers Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Healthcare Payers Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Other End Use Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Other End Use Market by Country, 2024 - 2031, USD Million
TABLE 20 North America 5G In Healthcare Market by Application, 2020 - 2023, USD Million
TABLE 21 North America 5G In Healthcare Market by Application, 2024 - 2031, USD Million
TABLE 22 North America Remote Patient Monitoring Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Remote Patient Monitoring Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Connected Medical Devices Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Connected Medical Devices Market by Country, 2024 - 2031, USD Million
TABLE 26 North America AR/VR Market by Country, 2020 - 2023, USD Million
TABLE 27 North America AR/VR Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Connected Ambulance Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Connected Ambulance Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Asset Tracking Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Asset Tracking Market by Country, 2024 - 2031, USD Million
TABLE 32 North America 5G In Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 33 North America 5G In Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 34 US 5G In Healthcare Market, 2020 - 2023, USD Million
TABLE 35 US 5G In Healthcare Market, 2024 - 2031, USD Million
TABLE 36 US 5G In Healthcare Market by Component, 2020 - 2023, USD Million
TABLE 37 US 5G In Healthcare Market by Component, 2024 - 2031, USD Million
TABLE 38 US 5G In Healthcare Market by End Use, 2020 - 2023, USD Million
TABLE 39 US 5G In Healthcare Market by End Use, 2024 - 2031, USD Million
TABLE 40 US 5G In Healthcare Market by Application, 2020 - 2023, USD Million
TABLE 41 US 5G In Healthcare Market by Application, 2024 - 2031, USD Million
TABLE 42 Canada 5G In Healthcare Market, 2020 - 2023, USD Million
TABLE 43 Canada 5G In Healthcare Market, 2024 - 2031, USD Million
TABLE 44 Canada 5G In Healthcare Market by Component, 2020 - 2023, USD Million
TABLE 45 Canada 5G In Healthcare Market by Component, 2024 - 2031, USD Million
TABLE 46 Canada 5G In Healthcare Market by End Use, 2020 - 2023, USD Million
TABLE 47 Canada 5G In Healthcare Market by End Use, 2024 - 2031, USD Million
TABLE 48 Canada 5G In Healthcare Market by Application, 2020 - 2023, USD Million
TABLE 49 Canada 5G In Healthcare Market by Application, 2024 - 2031, USD Million
TABLE 50 Mexico 5G In Healthcare Market, 2020 - 2023, USD Million
TABLE 51 Mexico 5G In Healthcare Market, 2024 - 2031, USD Million
TABLE 52 Mexico 5G In Healthcare Market by Component, 2020 - 2023, USD Million
TABLE 53 Mexico 5G In Healthcare Market by Component, 2024 - 2031, USD Million
TABLE 54 Mexico 5G In Healthcare Market by End Use, 2020 - 2023, USD Million
TABLE 55 Mexico 5G In Healthcare Market by End Use, 2024 - 2031, USD Million
TABLE 56 Mexico 5G In Healthcare Market by Application, 2020 - 2023, USD Million
TABLE 57 Mexico 5G In Healthcare Market by Application, 2024 - 2031, USD Million
TABLE 58 Rest of North America 5G In Healthcare Market, 2020 - 2023, USD Million
TABLE 59 Rest of North America 5G In Healthcare Market, 2024 - 2031, USD Million
TABLE 60 Rest of North America 5G In Healthcare Market by Component, 2020 - 2023, USD Million
TABLE 61 Rest of North America 5G In Healthcare Market by Component, 2024 - 2031, USD Million
TABLE 62 Rest of North America 5G In Healthcare Market by End Use, 2020 - 2023, USD Million
TABLE 63 Rest of North America 5G In Healthcare Market by End Use, 2024 - 2031, USD Million
TABLE 64 Rest of North America 5G In Healthcare Market by Application, 2020 - 2023, USD Million
TABLE 65 Rest of North America 5G In Healthcare Market by Application, 2024 - 2031, USD Million
TABLE 66 Key Information – AT&T, Inc.
TABLE 67 key information – Verizon Communications, Inc.
TABLE 68 key information – Ericsson AB
TABLE 69 Key Information – Huawei Technologies Co., Ltd.
TABLE 70 Key Information – Cisco Systems, Inc.
TABLE 71 Key Information – Orange S.A.
TABLE 72 Key Information – Samsung Electronics Co., Ltd.
TABLE 73 Key Information – Nokia Corporation
TABLE 74 KEY INFORMATION – NEC Corporation
TABLE 75 Key Information – BT Group plc
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 5G In Healthcare Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting 5G In Healthcare Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan – 2024, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – 5G In Healthcare Market
FIG 9 North America 5G In Healthcare Market share by Component, 2023
FIG 10 North America 5G In Healthcare Market share by Component, 2031
FIG 11 North America 5G In Healthcare Market by Component, 2020 - 2031, USD Million
FIG 12 North America 5G In Healthcare Market share by End Use, 2023
FIG 13 North America 5G In Healthcare Market share by End Use, 2031
FIG 14 North America 5G In Healthcare Market by End Use, 2020 - 2031, USD Million
FIG 15 North America 5G In Healthcare Market share by Application, 2023
FIG 16 North America 5G In Healthcare Market share by Application, 2031
FIG 17 North America 5G In Healthcare Market by Application, 2020 - 2031, USD Million
FIG 18 North America 5G In Healthcare Market share by Country, 2023
FIG 19 North America 5G In Healthcare Market share by Country, 2031
FIG 20 North America 5G In Healthcare Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: AT&T Inc.
FIG 22 SWOT Analysis: AT&T Inc.
FIG 23 SWOT Analysis: Verizon Communications, Inc.
FIG 24 SWOT Analysis: Ericsson AB
FIG 25 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 26 SWOT Analysis: Cisco Systems, Inc.
FIG 27 Recent strategies and developments: Orange S.A.
FIG 28 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 29 SWOT Analysis: Nokia Corporation
FIG 30 SWOT Analysis: NEC Corporation
FIG 31 Swot Analysis: BT Group plc