Global Internet of Things (IoT) Market - Analysis and Forecast (2020-2027)

Industryno111 Oct, 2021Business

Internet of medical things is going to be a big thing in the healthcare industry. Research in healthcare is one of the prominent sector under which huge investment is made, not only in manufacturing new drugs or biomedical implants. IoT could be used in chronic disease monitoring, early warning systems, smart hospital rooms, smart medical and diagnostic tools and wearable devices. According to the survey conducted by Frost and Sullivan, the Internet of Things is projected to reach more than USD 72.0 billion by 2022.