Online Safety Community

Navigating the nuances of the Internet of Medical Things

Navigating the nuances of the Internet of Medical Things.jpg

Earlier this year, Gartner released a forecast for the Internet of Things (IoT)predicting that 8.4 billion connected things will be in use worldwide in 2017 and that total spending on endpoints and services will reach almost $2 trillion this year. This forecast is certainly encouraging, but due to the prevalence and influence of the Internet of Things in almost all business arenas, it’s not wholly surprising. What is quite eye-opening is the massive growth potential of certain emerging sub-sectors of the IoT – with one of those being the Internet of Medical Things (IoMT).

The IoMT market, which stood at $22.5 billion in 2016, is expected to grow at an impressive compound annual growth rate of 26.2 percent to reach $72 billion by 2021, according to analyst and research firm Frost & Sullivan. For some perspective on that $72 billion projection, that’s roughly the same size as forecasts for the virtual reality market – which is generating a lot more buzz than the IoMT. And in addition to healthcare industry stalwarts such as Medtronic and Philips, tech giants like Apple, IBM and Cisco are currently developing applications for the IoMT. So, considering all of this economic promise for the IoMT, it’s worth taking a deeper look at the sector and the opportunities and challenges it presents.

 

Read More: http://snip.ly/qk357#https://medcitynews.com/2017/09/navigating-nua...

Views: 7

Comment

You need to be a member of Online Safety Community to add comments!

Join Online Safety Community

Take our poll!

Take our poll!

Latest Activity

Mark Nilson posted events
16 hours ago
HrishikeshRam posted a blog post

NEBOSH course training - Chennai

Green World Group provides NEBOSH, IOSH, HAZOP and several Custom-made and career-oriented HSE Courses. Students can also select safety diploma courses recognized by Government of India such asAdvanced Diploma in Occupational Safety, Health and Environmental Management,Diploma in Offshore Safety,Diploma in Fire Engineering &…See More
16 hours ago
Adam Fleaming posted blog posts
17 hours ago
Training Doyens posted events
17 hours ago

Forum

What's your favorite motivational/safety quote? 103 Replies

Favorite Motivational Quote: If you want something, you'll find a way - If not, you'll find an excuse.Favorite Safety Quote: Don't learn safety by accident!Continue

Started by Michelle Sears. Last reply by Lissa Jan 11.

Python Online Training by QA Training Hub

QA Training Hub is best Python Programing Online Training Center in India. Python Online Training provided by real time working Professional Mr. Dinesh. Data Scientist and RPA Expert  with 18+ years…Continue

Tags: Bangalore, delhi, Hyderabad, best, institute

Started by sonyagarwal Jan 3.

Business Intelligence with Big Data happens at Unipê 1 Reply

the college center of João Pessoa will preserve the 1st assembly at big records, geared toward professionals inside the regions of administration, economics, public control and facts technologies.…Continue

Tags: qliksensetraining, qliksenseonline, qliksense

Started by Soujanya Naganuri. Last reply by Manchun Jan 2.

VMware player error on install vmware tools. 1 Reply

 I've installed the last version of VMware player (4.0.2) and created a virtual machine with ubuntu 10.04. However, some operations with …Continue

Tags: training, online, vmware

Started by emmablisa. Last reply by Manchun Jan 2.

Forklift Training in Calgary

Do you wish to learn forklift driving? A forklift is a type of industrial vehicle that firstly lift the material and then transport it. The forklift machine is capable of lifting heavy loads by…Continue

Started by Gurjinderpal Sandhu Dec 27, 2017.

Badge

Loading…

© 2018   Created by Safety Community.   Powered by

Badges  |  Report an Issue  |  Terms of Service