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How has the 5g in healthcare market size evolved in recent years?

In recent times, the market size of 5G in healthcare has seen exponential growth. There is an expected increase from $1.03 billion in 2024 to $1.66 billion in 2025 following a compound annual growth rate (CAGR) of 61.5%. The significant growth recorded within the historic time frame is a result of the high-speed data transfer, reduced latency, and enhanced network capacity.

What are the predictions for the 5g in healthcare market size in the coming years?

The 5G in healthcare market size is expected to see exponential growth in the next few years. It will grow to $12.19 billion in 2029 at a compound annual growth rate (CAGR) of 64.7%. The growth in the forecast period can be attributed to increasing healthcare expenditure, increasing chronic diseases, increasing penetration of internet, growing users of smartphones. Major trends in the forecast period include ai and machine learning applications, IoT expansion in healthcare, AR and VR for medical training, edge computing integration, telemedicine and remote monitoring advancements.

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What key factors are fueling the growth of the 5g in healthcare market?

The growth of the 5G in healthcare market is largely driven by the increasing utilization of telehealth. Telehealth involves harnessing digital information and communication technologies like computers and mobile gadgets to remotely provide healthcare services and monitor patient health. It offers numerous benefits such as convenient healthcare access, ability to consult with medical experts, and services for those with limited mobility or transportation options, alongside improving communication and coordination between patients and doctors and allowing better self-healthcare management. Telehealth effectively employs 5G technology to deliver quick medical services. For instance, the National Health Statistics Report released by the Centers for Disease Control and Prevention, a US-based federal entity, stated in June 2024 that telemedicine usage aged, from 29.4% in adults between 18–29 years to 43.3% for those aged 65 and above in 2021, and in 2022, it was higher among adults aged 30 and older compared to younger adults.

How is the global 5g in healthcare market divided into key segments?

The 5G in healthcare market covered in this report is segmented –

1) By Component: Hardware, Services, Connectivity

2) By Type: Data Transmission, Wearable Devices, Telediagnosis, Telemonitoring, Telerobotic Surgery, Other Types

3) By End Users: Healthcare Providers, Healthcare Payers, Other End Users

Subsegments:

1) By Data Transmission: Real-Time Data Streaming, Remote Data Access, Cloud-Based Data Storage,

2) By Wearable Devices: Fitness Trackers, Smartwatches, Health Monitoring Devices,

3) By Telediagnosis: Virtual Consultations, Remote Imaging Services, AI-based Diagnostic Tools,

4) By Telemonitoring: Remote Patient Monitoring Systems, Continuous Glucose Monitoring, Cardiac Monitoring Devices,

5) By Telerobotic Surgery: Surgical Robots, Robotic-Assisted Surgical Systems,

6) By Other Types: Mobile Health Applications, Augmented Reality (AR) For Training, Emergency Response Solutions.

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Who are the key firms paving the way for growth in the 5g in healthcare market?

Major companies operating in the 5G in healthcare market include AT&T Inc., Verizon Communications Inc., Telefonaktiebolaget LM Ericsson, T‑Mobile USA Inc., Cisco Systems Inc., NEC Corporation, SK Telecom Co. Ltd., Fibocom Wireless Inc., Qualcomm Incorporated, Nokia Corporation, Huawei Technologies Co. Ltd., China Mobile Limited, Telus Corporation, Vodafone Group plc, Deutsche Telekom AG, Telefónica S. A., Bharti Airtel Limited, Sierra Wireless Inc., Swisscom AG, Quectel Wireless Solutions Co. Ltd., Sequans Communications, Koninklijke Philips N. V., Samsung Electronics Co. Ltd., Siemens Healthineers AG, Telit Communications Ltd., BT Group plc, NTT Docomo Inc., Doximity Inc.

Which trends are expected to transform the 5g in healthcare market?

Technological progress, such as the application of 5G technology in healthcare, offers the potential to test and implement novel solutions that could significantly enhance patient care. Key market players in the 5G healthcare sector are concentrating on the development of innovative technologies to fortify their market presence. For example, in November 2023, the Infocomm Media Development Authority (IMDA) of Singapore announced a collaboration with the National University Health System (NUHS), Republic Power Pte. Ltd., ST Engineering, and DB Schenker, a logistics service from Germany. Together, they launched a 5G-powered unmanned medical terminal dubbed as “Medbots”. These pioneering terminals aim to offer remote health diagnostics and video consultations, thereby greatly improving healthcare reach and efficiency. Additionally, these Medbots are installed with certified medical instruments allowing a thorough initial screening of patients, which means they can have basic health examinations without the need to visit a clinic.

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What regions are contributing significantly to the growth of the 5g in healthcare market?

Asia-Pacific was the largest region in the 5G in healthcare market in 2024, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the 5G in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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