According to a new report, published by KBV research, The Global Edge Computing in Healthcare Market size is expected to reach $25.5 billion by 2030, rising at a market growth of 26.9% CAGR during the forecast period.
The Software segment is showcasing a CAGR of 27.5% during (2023 - 2030). The use of edge computing software for processing, managing, and analyzing healthcare data is referred to as edge computing in healthcare. Using software to gather, store, analyze, and present healthcare data from edge devices including monitoring, medical imaging, and diagnostic systems is included in this. Additionally, the utilization of cloud-based services & applications could be utilized to facilitate sharing of information among healthcare institutions and their patients as well as to provide remote accessibility to medical information.
The Telehealth & Remote Patient Monitoring segment acquired the maximum revenue share in the Global Edge Computing in Healthcare Market by Application in 2022, thereby achieving a market value of $8.2 billion by 2030. Edge computing enables telehealth providers to create a more streamlined integrated patient experience, increasing patient participation and satisfaction. From the convenience of their homes, patients may access medical information, have remote consultations with medical specialists, and use wearable technology to monitor their health and fitness.
The Long-term Care Centers & Home Care Settings segment has shown the high growth rate of 27.1% during (2023 - 2030). Many patients cannot physically get the care they require because traveling to medical facilities is either prohibitively expensive or difficult, particularly in developing or highly rural areas. In addition to alleviating some of this burden and enhancing care for an aging population, remote patient monitoring might enhance patient access to healthcare. The market for edge computing in healthcare would grow in this segment because of the increasing acceptance of remote patient monitoring.
The North America region dominated the Global Edge Computing in Healthcare Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9.9 billion by 2030. The Europe market is showcasing a CAGR of 26.4% during (2023 - 2030). Additionally, The Asia Pacific market would register a CAGR of 27.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/edge-computing-in-healthcare-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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
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