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How has the edge computing in healthcare market size evolved in recent years?

The edge computing in healthcare market has grown exponentially in recent years. It will increase from $4.67 billion in 2024 to $5.74 billion in 2025, at a CAGR of 23.0%. The growth is driven by the rise of telemedicine services, concerns over data privacy, demand for real-time data processing, the growth of wearable health devices, and the development of 5G networks.

What are the predictions for the edge computing in healthcare market size in the coming years?

The edge computing in healthcare market is anticipated to experience significant growth, reaching $13 billion by 2029, with a CAGR of 22.7%. The expansion can be attributed to factors such as an increased focus on disaster recovery and continuity planning, the rise of wearable health technologies, cost-effectiveness in healthcare operations, regulatory pushes for data localization, and the growth of virtual healthcare services. Key trends will include AI and machine learning integration, the expansion of the Internet of Medical Things, edge-to-cloud continuum, virtual and augmented reality applications, product innovations, and technology integration.

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What key factors are fueling the growth of the edge computing in healthcare market?

The expansion of telehealth services is expected to propel the growth of edge computing in healthcare. Telehealth allows patients to access healthcare remotely using digital tools, meeting the demand for convenient, efficient healthcare delivery. Edge computing enhances telehealth by processing data at the source for low-latency analytics and real-time decision-making. For example, in December 2023, the American Medical Association reported that 74.4% of physicians in the US provided telehealth services in 2022, with 54.9% using it for chronic disease management. This rise in telehealth is driving the edge computing market in healthcare.

How is the global edge computing in healthcare market divided into key segments?

The edge computing in healthcare market covered in this report is segmented –

1) By Offering: Hardware, Software, Services

2) By Application: Telehealth And Remote Patient Monitoring, Diagnostics, Robotic Surgery, Ambulances, Other Applications

3) By End User: Hospitals And Clinics, Long-Term Care Centers And Home Care Settings, Ambulatory Care Centers, Other End-Users

Subsegments:

1) By Hardware: Edge Servers, Gateways And Routers, Edge Devices, Storage Solutions

2) By Software: Edge Management Software, Analytics And Data Processing Software, Security Software, Application Software For Real-Time Healthcare Data

3) By Services: Deployment And Integration Services, Consulting and Advisory Services, Managed Services, Maintenance And Support Services

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Who are the key firms paving the way for growth in the edge computing in healthcare market?

Major companies operating in the edge computing in healthcare market are Google LLC, Samsung Electronics Co., Microsoft Corporation, Verizon Communications Inc., Dell Technologies Inc., Amazon Web Services (AWS) Inc., Lenovo Group Limited, General Electric Company, Intel Corporation, IBM Corporation, Cisco Systems Inc., Qualcomm Incorporated, Hewlett Packard Enterprise Company, Fujitsu Limited, NVIDIA Corporation, Nokia Corporation, Siemens Healthineers AG, Koninklijke Philips NV, VMware Inc., Advantech Co. Ltd., Aruba Networks Inc., ADLINK Technology Inc., Huawei Technologies Co. Ltd., Litmus Automation Inc., Veea Inc., FogHorn Systems Pvt Ltd.

Which trends are expected to transform the edge computing in healthcare market?

In the edge computing healthcare market, companies are developing solutions like AI computing platforms to improve real-time data analysis and patient outcomes. AI platforms combine hardware and software to perform advanced AI tasks. For example, in September 2022, Nvidia Corporation launched the NVIDIA IGX platform, an industrial-grade edge AI system for autonomous systems in healthcare, improving safety and collaboration, particularly in robotic-assisted surgery and patient monitoring.

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What regions are contributing significantly to the growth of the edge computing in healthcare market?

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

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