IoT: Revolutionizing Hospital Operations and Patient Outcomes
The IoT in healthcare market was estimated at USD 106.17 billion in 2022 and is likely to grow at a CAGR of 20.78% during 2023-2028 to reach USD 329.68 billion in 2028.
The Internet of Things (IoT) is defined as a network of physical devices that communicate with one another to enable data exchange. Furthermore, IoT is used in the healthcare field for data collection, analysis for research, and monitoring of electronic health records that contain personally identifiable information, protected health information, and other machine-generated healthcare data.