5G In Healthcare Market Outlook, Trends And Future Opportunities (2024-2031)

5G In Healthcare Market Outlook, Trends And Future Opportunities (2024-2031)

5G In Healthcare Market, By Component (Hardware, Solutions, Services), By Application (Remote Patient Monitoring, Connected Medical Devices, AR/VR, Connected Ambulance, Asset Tracking), By End User (Healthcare Providers, Healthcare Payers, Pharmaceutical Companies), Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) The report offers a comprehensive view of the market from supply as well as demand side to help take informed decisions.

  • Published On: Sep 2024
  • Author(s): Sagar Karlekar
  • Report ID: IDA177
  • Region: Global
  • Format: PDF/EXCEL

Market Segmentation:

  • By Component
    • Hardware
    • Software
    • Services
  • By Application
  • Telemedicine
  • Connected Ambulance
  • Remote Patient Monitoring
  • AR/VR in Healthcare
  • Connected Medical Devices
  • Asset Tracking
  • Others (e.g., Smart Hospitals, AI Diagnostics)
  • By End User
    • Hospitals and Clinics
    • Pharmaceutical Companies
    • Ambulatory Surgical Centers
    • Research Institutes
    • Medical Device Companies
    • Others (e.g., Home Healthcare, Diagnostic Centers)
  • By Network Type
    • Enhanced Mobile Broadband (eMBB)
    • Massive Machine Type Communications (mMTC)
    • Ultra-Reliable Low Latency Communications (URLLC)
  • By Deployment Model
    • Private 5G Networks
    • Public 5G Networks
    • Hybrid 5G Networks
  • By Technology
    • Network Function Virtualization (NFV)
    • Software-Defined Networking (SDN)
    • Mobile Edge Computing (MEC)
    • Network Slicing
    • Others (e.g., Beamforming, Massive MIMO)
  • By Regions
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa

Frequently Asked Questions

The global 5G In Healthcare Market is projected to reach US$ 2,478.4 million by 2031.

The current market size of the 5G In Healthcare industry is estimated at US$ 215 million in 2024.

Increasing demand for telemedicine, rising adoption of IoMT devices, need for real-time patient monitoring, advancements in AR/VR medical applications, growing focus on personalized medicine, government initiatives supporting digital health, rising healthcare expenditure, technological advancements in 5G networks, increasing prevalence of chronic diseases, and the need for efficient healthcare delivery systems.

High initial infrastructure costs, data security and privacy concerns, regulatory challenges, limited 5G coverage in rural areas, interoperability issues, resistance to technology adoption among some healthcare providers, concerns about radiation exposure, and the need for significant workforce training.

The leading component segment is Hardware, including 5G-enabled medical devices and network infrastructure equipment essential for implementing 5G in healthcare settings.

Ericsson, Nokia, Huawei, AT&T, Verizon, Samsung, Cisco, Qualcomm, Siemens Healthineers, Philips Healthcare, GE Healthcare, IBM, Intel, and other telecommunications and healthcare technology companies.

The 5G In Healthcare Market is expected to grow at a CAGR of 41.8% from 2024 to 2031, reaching a market size of US$ 2,478.4 million by 2031.

North America is expected to lead the 5G In Healthcare Market, accounting for over 35.2% of the market