Edge Computing in Healthcare Global Market Report 2023: Growing Adoption of IoT Medical Devices Boosts Sector

Key Facts

• Edge computing is rapidly gaining acceptance worldwide by healthcare organizations due to various benefits, including low latency, traffic distribution, increased reliability, and reduced costs Hardware: The hardware segment is estimated to account for the largest market share in 2022 The high market share by hardware is owed to the high-scale deployment of edge hardware by healthcare organizations to achieve high performance, scale, and flexibility.
• Telehealth & remote patient monitoring application account for the largest market size during the forecast period Based on application, the market is segmented into diagnosis, telehealth & remote patient monitoring, robotic surgery, ambulances, and other applications.
• Patients can receive remote consultations with healthcare professionals, access medical records, and monitor their own health and wellness using wearable devices, all from the comfort of their own homes Europe accounted for the second-largest share in edge computing in the healthcare market during the forecast period North America is expected to hold the largest market size in the edge computing market, followed by Europe, due to the presence of plenty of edge computing vendors, early technological adoption of smart technologies, rising strategic partnerships, and demand for workload-centric IT infrastructure.
• The adoption of edge computing solutions is increasing in Asia Pacific and Latin America due to the growing deployment of cloud-based services, the need for improving network connectivity, the rise in technology assimilation, and the increasing awareness of the benefits of edge computing.

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