The North America Edge Computing in Healthcare Market would witness market growth of 26.1% CAGR during the forecast period (2023-2030).
Edge computing and artificial intelligence (AI) are facilitating more rapid, more accurate diagnoses and expediting hospital drug distribution. A computerized insulin delivery system that uses experimental treatment sensors placed beneath the skin to track blood glucose levels and transmit the data to inject insulin and a mobile device is now available to diabetic patients. Algorithms inside the pump predict expected blood glucose levels and then order an inlet velocity to administer the right amount of insulin. All these are equipped with edge computing technology.
Edge computing holds the ability to help businesses save money on medical expenses. IoT edge devices might reduce operational expenses for providers by saving money on healthcare administration and involvement. Medical professionals have long grappled with incompatible systems that can be cumbersome and time-consuming. One could use networks connected to the web of medical interventions to overcome this issue. Their apps function fluidly beyond organizational boundaries due to increased performance efficiency.
The 2021 American Community Survey estimated that 16.8%, or 55,892,014, of the country's 331,893,745 total population or 55,892,014 persons were 65 years of age or older. These figures come from the Census Bureau's updated data from May 2023. Additionally, the number of Canadians aged 85 and older increased by 12% between 2016 and 2021, which is a rate that is over twice as fast as the rise in the country's general population. Increased risks of chronic diseases, impairments, falls, and other harmful health issues are present among the older population in the area. The region's nations have intensified their research and development into the best ways to offer senior patients the preventive treatment that would help them improve their health. As the region's population ages, wearable technology has become an important tool for monitoring and treating their deteriorating health issues.
Also, a substantial portion of internet users are located in North America, the center of high-tech firms. People are being drawn to the newest technologies partly due to the presence of well-known enterprises in the area. Edge computing in healthcare has seen rapid expansion due to the region's early embrace of cutting-edge technologies and the increased prevalence of certain chronic disorders.
The US market dominated the North America Edge Computing in Healthcare Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,540.5 million by 2030. The Canada market is registering a CAGR of 29% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 27.9% during (2023 - 2030).
Based on Component, the market is segmented into Hardware, Software, and Services. Based on Application, the market is segmented into Telehealth & Remote Patient Monitoring, Diagnostics, Robotic Surgery, Ambulances, and Others. Based on End User, the market is segmented into Hospitals & Clinics, Long-term Care Centers & Home Care Settings, Ambulatory Care Centers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Edge Computing in Healthcare Market is Projected to reach USD 25.5 Billion by 2030, at a CAGR of 26.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc, Nokia Corporation, Dell Technologies, Inc., Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet Inc.), Microsoft Corporation, Intel Corporation, General Electric Company, Hewlett Packard Enterprise Company, and NVIDIA Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
- Services
By Application
- Telehealth & Remote Patient Monitoring
- Diagnostics
- Robotic Surgery
- Ambulances
- Others
By End User
- Hospitals & Clinics
- Long-term Care Centers & Home Care Settings
- Ambulatory Care Centers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc
- Nokia Corporation
- Dell Technologies, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- Intel Corporation
- General Electric Company
- Hewlett Packard Enterprise Company
- NVIDIA Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Edge Computing in Healthcare Market, by Component
1.4.2 North America Edge Computing in Healthcare Market, by Application
1.4.3 North America Edge Computing in Healthcare Market, by End User
1.4.4 North America Edge Computing 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
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, 2021
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Feb – 2023, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Edge Computing in Healthcare Market by Component
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Services Market by Country
Chapter 6. North America Edge Computing in Healthcare Market by Application
6.1 North America Telehealth & Remote Patient Monitoring Market by Country
6.2 North America Diagnostics Market by Country
6.3 North America Robotic Surgery Market by Country
6.4 North America Ambulances Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Edge Computing in Healthcare Market by End User
7.1 North America Hospitals & Clinics Market by Country
7.2 North America Long-term Care Centers & Home Care Settings Market by Country
7.3 North America Ambulatory Care Centers Market by Country
7.4 North America Others Market by Country
Chapter 8. North America Edge Computing in Healthcare Market by Country
8.1 US Edge Computing in Healthcare Market
8.1.1 US Edge Computing in Healthcare Market by Component
8.1.2 US Edge Computing in Healthcare Market by Application
8.1.3 US Edge Computing in Healthcare Market by End User
8.2 Canada Edge Computing in Healthcare Market
8.2.1 Canada Edge Computing in Healthcare Market by Component
8.2.2 Canada Edge Computing in Healthcare Market by Application
8.2.3 Canada Edge Computing in Healthcare Market by End User
8.3 Mexico Edge Computing in Healthcare Market
8.3.1 Mexico Edge Computing in Healthcare Market by Component
8.3.2 Mexico Edge Computing in Healthcare Market by Application
8.3.3 Mexico Edge Computing in Healthcare Market by End User
8.4 Rest of North America Edge Computing in Healthcare Market
8.4.1 Rest of North America Edge Computing in Healthcare Market by Component
8.4.2 Rest of North America Edge Computing in Healthcare Market by Application
8.4.3 Rest of North America Edge Computing in Healthcare Market by End User
Chapter 9. Company Profiles
9.1 Cisco Systems, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 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:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Nokia Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Dell Technologies, Inc.
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 Product Launches and Product Expansions:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis:
9.4 Hewlett Packard Enterprise Company
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 NVIDIA Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.5 SWOT Analysis
9.8 Google LLC (Alphabet Inc.)
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:
9.8.5.2 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Intel 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 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.5.3 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. General Electric Company
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 North America Edge Computing in Healthcare Market, 2019 - 2022, USD Million
TABLE 2 North America Edge Computing in Healthcare Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Edge Computing in Healthcare Market
TABLE 4 Product Launches And Product Expansions– Edge Computing in Healthcare Market
TABLE 5 Acquisition and Mergers– Edge Computing in Healthcare Market
TABLE 6 North America Edge Computing in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 7 North America Edge Computing in Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 8 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 9 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 10 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 11 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 12 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 13 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 14 North America Edge Computing in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 15 North America Edge Computing in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 16 North America Telehealth & Remote Patient Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Telehealth & Remote Patient Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Diagnostics Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Diagnostics Market by Country, 2023 - 2030, USD Million
TABLE 20 North America Robotic Surgery Market by Country, 2019 - 2022, USD Million
TABLE 21 North America Robotic Surgery Market by Country, 2023 - 2030, USD Million
TABLE 22 North America Ambulances Market by Country, 2019 - 2022, USD Million
TABLE 23 North America Ambulances Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 26 North America Edge Computing in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 27 North America Edge Computing in Healthcare Market by End User, 2023 - 2030, USD Million
TABLE 28 North America Hospitals & Clinics Market by Country, 2019 - 2022, USD Million
TABLE 29 North America Hospitals & Clinics Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Long-term Care Centers & Home Care Settings Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Long-term Care Centers & Home Care Settings Market by Country, 2023 - 2030, USD Million
TABLE 32 North America Ambulatory Care Centers Market by Country, 2019 - 2022, USD Million
TABLE 33 North America Ambulatory Care Centers Market by Country, 2023 - 2030, USD Million
TABLE 34 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Edge Computing in Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Edge Computing in Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 38 US Edge Computing in Healthcare Market, 2019 - 2022, USD Million
TABLE 39 US Edge Computing in Healthcare Market, 2023 - 2030, USD Million
TABLE 40 US Edge Computing in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 41 US Edge Computing in Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 42 US Edge Computing in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 43 US Edge Computing in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 44 US Edge Computing in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 45 US Edge Computing in Healthcare Market by End User, 2023 - 2030, USD Million
TABLE 46 Canada Edge Computing in Healthcare Market, 2019 - 2022, USD Million
TABLE 47 Canada Edge Computing in Healthcare Market, 2023 - 2030, USD Million
TABLE 48 Canada Edge Computing in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 49 Canada Edge Computing in Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 50 Canada Edge Computing in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 51 Canada Edge Computing in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 52 Canada Edge Computing in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 53 Canada Edge Computing in Healthcare Market by End User, 2023 - 2030, USD Million
TABLE 54 Mexico Edge Computing in Healthcare Market, 2019 - 2022, USD Million
TABLE 55 Mexico Edge Computing in Healthcare Market, 2023 - 2030, USD Million
TABLE 56 Mexico Edge Computing in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 57 Mexico Edge Computing in Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 58 Mexico Edge Computing in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 59 Mexico Edge Computing in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 60 Mexico Edge Computing in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 61 Mexico Edge Computing in Healthcare Market by End User, 2023 - 2030, USD Million
TABLE 62 Rest of North America Edge Computing in Healthcare Market, 2019 - 2022, USD Million
TABLE 63 Rest of North America Edge Computing in Healthcare Market, 2023 - 2030, USD Million
TABLE 64 Rest of North America Edge Computing in Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 65 Rest of North America Edge Computing in Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 66 Rest of North America Edge Computing in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 67 Rest of North America Edge Computing in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 68 Rest of North America Edge Computing in Healthcare Market by End User, 2019 - 2022, USD Million
TABLE 69 Rest of North America Edge Computing in Healthcare Market by End User, 2023 - 2030, USD Million
TABLE 70 Key Information – Cisco Systems, Inc.
TABLE 71 Key Information – Nokia Corporation
TABLE 72 Key Information – Dell Technologies, Inc.
TABLE 73 Key information – Hewlett Packard Enterprise Company
TABLE 74 Key Information – NVIDIA Corporation
TABLE 75 Key Information – Microsoft Corporation
TABLE 76 Key Information – Amazon Web Services, Inc.
TABLE 77 Key Information – Google LLC
TABLE 78 Key Information – Intel Corporation
TABLE 79 Key Information – General Electric Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Edge Computing in Healthcare Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors Edge Computing in Healthcare Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2021
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2022, Feb – 2023, May) Leading Players
FIG 8 Porter’s Five Forces Analysis – Edge Computing in Healthcare Market
FIG 9 North America Edge Computing in Healthcare Market share by Component, 2022
FIG 10 North America Edge Computing in Healthcare Market share by Component, 2030
FIG 11 North America Edge Computing in Healthcare Market by Component, 2019 - 2030, USD Million
FIG 12 North America Edge Computing in Healthcare Market share by Application, 2022
FIG 13 North America Edge Computing in Healthcare Market share by Application, 2030
FIG 14 North America Edge Computing in Healthcare Market by Application, 2019 - 2030, USD Million
FIG 15 North America Edge Computing in Healthcare Market share by End User, 2022
FIG 16 North America Edge Computing in Healthcare Market share by End User, 2030
FIG 17 North America Edge Computing in Healthcare Market by End User, 2019 - 2030, USD Million
FIG 18 North America Edge Computing in Healthcare Market share by Country, 2022
FIG 19 North America Edge Computing in Healthcare Market share by Country, 2030
FIG 20 North America Edge Computing in Healthcare Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: Cisco Systems, Inc.
FIG 22 SWOT Analysis: Cisco Systems, Inc.
FIG 23 Recent strategies and developments: Nokia Corporation
FIG 24 SWOT Analysis: Nokia Corporation
FIG 25 SWOT Analysis: Dell Technologies, Inc.
FIG 26 SWOT Analysis: Hewlett Packard Enterprise Company
FIG 27 SWOT Analysis: NVIDIA Corporation
FIG 28 Recent strategies and developments: Microsoft Corporation
FIG 29 SWOT Analysis: Microsoft Corporation
FIG 30 SWOT Analysis: Amazon Web Services, Inc.
FIG 31 SWOT Analysis: Google LLC
FIG 32 Recent strategies and developments: Intel Corporation
FIG 33 SWOT Analysis: Intel corporation
FIG 34 SWOT Analysis: General electric (GE) Co.