Lately, development in the healthcare sector has been largely driven by technological advancements and machine interference. Conventional healthcare processes are being replaced by advanced machine-based processes thereby increasing the probability of successful treatment and diagnosis by healthcare providers. Adoption of machine to machine technology in the healthcare sector is emerging as a global trend due to the resultant enhanced connectivity and accessibility. The global Healthcare M2M market is estimated to expand at a CAGR of 22.5% during the period between 2015 and 2023. The overall market is projected to be worth US$10.05 bn by 2023.










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Machine-to-machine (M2M) in healthcare refers to technologies that allow both wireless and wired medical devices and equipment to communicate via a wired line, Wi-Fi, LAN, Bluetooth, RFID, and other related technologies. Due to the continuous growth of the geriatric population worldwide and chronic diseases for which first-responder connectivity plays a vital role, M2M has emerged as a medium for assisted living and a time-saver for many healthcare providers around the globe. The growing demand for wearable devices due to a rise in the levels of health consciousness among people is one of the factors for the growing presence of M2M in healthcare. M2M applications in wearable devices allow consumers to keep a constant check on their regular fitness regime and track their daily activities such as calories, sleep, and stress. M2M enablement of medical devices and delivery of M2M-based healthcare reduces the risks and costs involved by providing real-time care to the patients. M2M technology addresses not only inefficient or decreased patient communication but also cost issues by eliminating the need for the physical interaction required in regular health check-ups. Complex and diverse regulatory approval processes and data privacy laws pose a major challenge for the growth of the healthcare M2M market. Diverse technology standards and low penetration in developing regions are also posing a challenge to the growth of healthcare M2M market.

On the basis of components, the healthcare M2M market is categorized into M2M modules, connectivity services, and M2M applications and platforms. M2M modules enable healthcare providers and consumers with cellular- or satellite-based flawless connectivity. With the growth of Internet of Things ( IoT) and M2M in healthcare there is a growing demand for M2M modules for data transmission processes. Cellular M2M has emerged as one of the major drivers for the M2M module market due to its capacity for short- and wide-range connectivity. The M2M healthcare application market is categorized into patient well-being, medical facilities, sports & fitness, and others by end-use. The use of M2M in remote patient monitoring and assistance has helped increase the efficiency of hospitals through enhanced first-responder connectivity. With the growth of assisted living, M2M adoption is rising for personalized health monitoring.

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Medical facilities is one of the major application areas for the adoption of healthcare M2M services. With the growing involvement of mHealth and IT-based treatment systems in the healthcare industry, M2M would play a major role in enhancing the standards for effective treatments and the overall growth of connected healthcare services globally.

During the coming years, Asia Pacific, Latin America, and Middle East and Africa (MEA) would be the geographies that drive the growth of the healthcare M2M market. Some of the players involved in offering solutions or services related to healthcare M2M are GE Healthcare, Athenahealth, Inc., Apple Inc., IBM Corporation, Cisco Systems Inc., Allscripts Healthcare Solutions Inc., Stanley Healthcare, AT&T Inc., Gemalto NV, and Sierra Wireless, Inc.


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