SOURCE: Infonetics Research

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January 20, 2015 18:10 ET

Infonetics: Healthcare Providers Slow to Invest in M2M Solutions, Muting Near-Term Growth of Connected Health Market

CAMPBELL, CA--(Marketwired - January 20, 2015) - Technology market research firm Infonetics Research, now part of IHS Inc. (NYSE: IHS), today released excerpts from its new Connected Health M2M Connections and Services report.

The data and accompanying 19-page analysis report provide insight into the connected health vertical of the M2M (machine-to-machine) market, including growth expectations of revenue and connections by technology, and service providers' healthcare-related M2M offerings.

"The connected health market is developing slowly, with regulatory constraints a frequent obstacle, especially in the US market," said John Byrne, directing analyst for M2M and IoT at Infonetics Research.

"In our view, an even more substantial issue is that healthcare providers and other participants in this market are reluctant to make significant investments in M2M solutions until they can clearly see the benefit, and this takes time," continued Byrne. "Operators lack the personnel to deepen relationships with healthcare customers; they need to find partners that have strong ties in the healthcare community to accelerate growth."

CONNECTED HEALTH MARKET HIGHLIGHTS

  • Looking ahead, Infonetics expects the connected health M2M segment to remain small despite strong growth, with revenue reaching $2.4 billion by 2018 (a 2013-2018 CAGR of 36 percent)
  • The primary driving factor behind connected health M2M is operational efficiency, enabling health care facilities to reduce operating costs
  • Europe, where operators such as Vodafone and Deutsche Telekom are already seeing modest success in the connected health market, is anticipated to be the leading region, with North America following close behind
  • Worldwide M2M connected healthcare service revenue totaled $533 million in 2013, an increase of 15 percent from the prior year
    • Connections grew 23 percent in 2013 from 2012, to 44 million

CONNECTED HEALTH REPORT SYNOPSIS
Infonetics' annual M2M connected health report provides worldwide and regional market size, forecasts, analysis and trends for the connected health segment of the M2M market, including connections by technology (GSM/GPRS/EDGE, CDMA2000/EV-DO, W-CDMA/HSPA, LTE, TD-SCDMA, other WAN wireless, PAN wireless, wireline), service revenue and average revenue per connection. M2M service providers tracked in the report include: AT&T, Deutsche Telekom, NTT, Sprint, Telenor, TeliaSonera, Telstra, Verizon and Vodafone. To purchase the report, contact Infonetics: www.infonetics.com/contact.asp.

RELATED RESEARCH

RECENT AND UPCOMING RESEARCH
Download Infonetics' 2014 or 2015 service brochure or log in: www.infonetics.com/login.

INFONETICS WEBINARS (www.infonetics.com/infonetics-events)

  • Strategies for Working Around M2M Interoperability Challenges (Mar. 26: Sponsor)
  • Securing the Internet of Things (May 14: Sponsor)
  • Leveraging Analytics to Monetize the Internet of Things (May 21: Sponsor)
  • Reshaping Enterprise Networks for BYOD, IoT and Cloud (Watch Now)

TO BUY RESEARCH, PLEASE CONTACT:

North America (West), Asia:
Larry Howard larry@infonetics.com +1 408-583-3335

North America (East, Midwest), Latin America, EMEA:
Scott Coyne scott@infonetics.com +1 408-583-3395

Greater China, Southeast Asia, India: 大中华区
Jeffrey Song jeffrey@infonetics.com +86 21-3919-8505

Japan 日本
Takashi Kimura, takashi.kimura@takanalytics.com +81 3-6408-5566

South Korea 대한민국
Doug Moon, Nexmedica dougm@mbap.co.kr +82 2-3453-9400

About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of insight, analytics and expertise in critical areas that shape today's business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.

IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. © 2015 IHS Inc. All rights reserved.

About Infonetics Research (www.infonetics.com)
Infonetics Research, now part of IHS (NYSE: IHS), is an international market research and consulting firm serving the communications industry since 1990. A leader in defining and tracking emerging and established technologies in all world regions, Infonetics helps clients plan, strategize and compete more effectively. Follow Infonetics on Twitter for the latest headlines: http://twitter.com/infonetics.

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Contact Information

  • News Media Contact:
    John Byrne
    Directing Analyst, M2M and IoT
    Infonetics Research
    +1 408-583-3320
    Email contact
    Twitter: @johnbyrnetics