Global Edge Computing in Healthcare Market Size is predicted to develop at a 28.5% CAGR during the forecast period for 2025-2034.
The use of edge computing in healthcare has been rapidly expanding, allowing for real-time data processing and analysis at the network's edge, closer to the data source. This approach improves privacy and reduces latency, which is especially advantageous for medical applications. Edge computing enables personalized treatments, remote patient monitoring, and predictive analytics. The healthcare market for edge computing is expected to grow because it can improve patient outcomes, expedite procedures, and save expenses. Numerous important causes are driving this expansion.
One major driver of edge computing in healthcare is the rising need for real-time data analysis in areas like remote patient monitoring and telemedicine, as advanced medical devices generate large volumes of data that require fast processing and low latency are the capabilities that edge computing effectively delivers. Additionally, the need for decentralized processing power to support complicated algorithms and boost operational efficiency is being created by the integration of robotics and artificial intelligence (AI) in surgery and diagnostics. Furthermore, the growing use of linked medical devices and the mounting pressure on healthcare providers to improve patient care while efficiently controlling costs are driving growth.
Competitive Landscape
Some major key players in the edge computing in healthcare market:
- ZPE Systems
- Binariks
- Amazon Web Services (AWS), Inc.
- Aricent, Inc.
- Atos
- Cisco Systems, Inc.
- General Electric Company
- Hewlett Packard Enterprise Development
- Honeywell International Inc.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Intel Corporation
- Akamai Technologies
- Telco Systems
- Microsoft Corporation
- Other Market Players
Market Segmentation:
The Edge Computing in Healthcare market is classified based on component, application, and end-user. The component segment comprises Hardware, Software, Services, and Edge-Managed Platform. As per the application, the market is segmented into Diagnostics, Telehealth & Patient Remote Monitoring, Critical Infrastructure Monitoring, Robotic Surgery, and Others. The end-user segment includes Hospitals & Clinics, Ambulatory Care Centers, Long Term Care Centers & Home Care Settings, and Others.
Based On The Component, The Hardware Segment Is Accounted As A Major Contributor To Edge Computing In The Healthcare Market
The hardware category is expected to hold a major global market share in 2021. Healthcare edge computing hardware is essential to the successful implementation of this technology in healthcare environments. The use of IoT sensors is crucial to edge computing in healthcare. These consist of blood pressure monitors, glucose meters, temperature sensors, and other instruments for gathering data. AI and machine learning processes in healthcare are accelerated by hardware accelerators like GPUs and TPUs, which speed up the processing of intricate algorithms for jobs like medical image analysis. High-definition cameras are necessary for good video imaging and video conferencing in telehealth and distant consultations. Edge devices frequently require local storage to cache data before sending it to the central server.
Telehealth & Patient Remote Monitoring Segment To Witness Growth At A Rapid Rate
Telehealth providers can deliver a more effective and integrated experience by leveraging edge computing technology, which raises patient satisfaction and engagement. Wearable technology allows patients to track their health and well-being and access medical information and remote consultations. Throughout the projected period, segment revenue is anticipated to be driven by growing research activities for the integration of edge computing in patient monitoring and increasing investments to increase the adoption of telehealth to lessen the healthcare burden. Additionally, throughout the projection period, the market is anticipated to be driven by the growing investments made by government agencies to promote the use of telehealth services, which raises the need for edge computing software to analyze patient data.
In The Region, North America Edge Computing In Healthcare Market Holds A Significant Revenue Share
The North America Edge Computing in Healthcare market is expected to register the highest market share in revenue in the near future. In North America, edge computing is bringing in a new era of patient-centered healthcare. Continuous remote patient monitoring is made possible by real-time data processing at the edge. This enables medical professionals to create more individualized treatment programs, guaranteeing prompt interventions and better patient results. Edge computing is at the heart of the growing telemedicine scene in the region.
Edge computing is increasing access to healthcare, particularly in underserved and distant locations, by enabling secure data transmission, remote diagnostics, and smooth video consultations. In addition, Europe is projected to grow rapidly in the global Edge Computing in the Healthcare market. The pandemic hastened the adoption of telehealth, and edge computing is essential to this change. It improves healthcare accessibility by guaranteeing quick data transfers, remote patient monitoring, and secure, low-latency video consultations.
Recent Developments:
- March 2024: Johnson & Johnson MedTech collaborated with NVIDIA to enhance the speed and scope of artificial intelligence (AI) in order to facilitate real-time analysis and surgical decision-making. The NVIDIA Holoscan edge AI platform and the NVIDIA IGX edge computing platform employed by Johnson and Johnson MedTech to construct the infrastructure necessary to implement AI-powered software applications in the operating room.
Edge Computing in Healthcare Market Report Scope:
|
Report Attribute |
Specifications |
|
Growth Rate CAGR |
CAGR of 28.5% from 2025 to 2034 |
|
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2025 to 2034 |
|
Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Component, Application, And End-User. |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
ZPE Systems, Binariks, Amazon Web Services (AWS), Inc., Aricent, Inc., Atos, Cisco Systems, Inc., General Electric Company, Hewlett Packard Enterprise Development, Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Akamai Technologies, Telco Systems, Microsoft Corporation, and others. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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