Product Code: 5317
The global 5G in healthcare market is projected to witness a substantial growth by 2030, with the increased rollout of the new communication technology across several countries. 5G networks can benefit many domains across the healthcare sector, including telehealth, patient monitoring, and inventory management. Medical professionals are becoming aware of the benefits of 5G-powered medical devices and their ability to improve the quality of patient care, diagnosis, and treatment. The technology is also undergoing notable improvements to adapt to the continuously changing requirements of healthcare experts.
The COVID-19 pandemic in 2020 has been instrumental in boosting the demand for robotic surgeries. Patients who were required to undergo operation were severely affected by lockdowns and other restrictions. Robot-assisted surgeries can help doctors perform a wide range of complex operations during this period. Robotic surgeries can reduce the recovery time of patients, decreasing their hospital stay by almost 20%. 5G networks can be used to operate surgical robots and send high-quality, real-time video footage from the operation theater to surgeons.
In terms of the type of offering, the global 5G in healthcare market value from the services segment is anticipated to cross USD 30 billion by 2030. Some of the examples of healthcare services that can effectively use 5G solutions include clinical collaboration & communication, telehealth, and medical imaging. With rural areas not receiving a proper access to advanced healthcare amenities, the demand for telemedicine services will rise at a notable rate. Doctors could extend the reach of their services with the help of 5G technology, as they can conduct videoconferences to talk to their patients and prepare a primary diagnosis.
The global 5G in healthcare industry share from the inventory management device applications is likely to record over 35% CAGR through 2022-2030. The major advantages offered by these devices include proper stock balancing & retention of inventory, consistent delivery of better clinical outcome, and incessant & advanced patient care, among others. Technological advancements in inventory management devices have allowed pharmacies working in close partnership with hospitals to assist patients in a better manner and facilitate faster dispensing of medicines.
The 5G in healthcare market share from the pharmaceutical company end-users will exhibit a robust CAGR of over 43% up to 2030. The network of pharma companies is continuously expanding to accommodate the ever-increasing demand for innovative medicines from hospitals. As these companies are engaged in the development of newer drugs, the role of 5G solutions is likely to gain importance. Drug companies can use IoT-powered monitoring devices to supervise the different stages of clinical trials, thereby ensuring accurate results.
The growing awareness about the advantages of incorporating 5G technologies in medical device will augment Latin America 5G in healthcare industry forecast. Brazil has become one of the most popular medical tourism destinations in the region. The country's capital was the first city to witness the launch of 5G mobile technology in July 2022, indicating strong potential for the network adoption in healthcare. In the previous year, a collaborative project was also announced in in the nation, conducted at one of LATAM's largest hospitals, to perform 5G private network field trial across healthcare applications.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definitions
- 1.2 Base estimates and working
- 1.3 Forecast parameters
- 1.4 Data validation
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.1.1 Paid sources
- 1.5.1.2 Unpaid sources
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 5G in healthcare industry 360 degree synopsis, 2019 - 2030 (USD million)
- 2.1.1 Business trends
- 2.1.2 Offering trends
- 2.1.3 Application trends
- 2.1.4 End-use trends
- 2.1.5 Regional trends
Chapter 3 5G in Healthcare Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry landscape, 2019 - 2030 (USD Million)
- 3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.1.1. Increasing integration of emerging and latest technologies with 5 G
- 3.3.1.2 Growing adoption of wearable medical devices for real-time remote patient monitoring
- 3.3.1.3 Surging penetration of telehealth services
- 3.3.1.4. Technological advancements in 5 G coupled with its ability of fast and reliable data transmission
- 3.3.1.5 Increasing demand for robotic surgeries due to COVID-19 pandemic
- 3.3.2 Industry pitfalls & challenges
- 3.3.2.1. High deployment cost of the 5 G network
- 3.4 Growth potential analysis
- 3.4.1 By offering
- 3.4.2 By application
- 3.4.3 By end-use
- 3.5 COVID- 19 impact analysis
- 3.6 Company-wise patent status for 5G in healthcare
- 3.7 5G ecosystem (Vendor landscape)
- 3.8 Supply-chain schematic
- 3.9 Porter's analysis
- 3.10 Competitive landscape, 2021
- 3.11 PESTLE Analysis
Chapter 4 5G in Healthcare Market, By Offering
- 4.1 Key segment trends
- 4.2 Hardware
- 4.2.1 Market size, by region, 2019 - 2030 (USD Million)
- 4.3 Services
- 4.3.1 Market size, by region, 2019 - 2030 (USD Million)
Chapter 5 5G in Healthcare Market, By Application
- 5.1 Key segment trends
- 5.2 AR/VR
- 5.2.1 Market size, by region, 2019 - 2030 (USD Million)
- 5.3 Virtual consultations
- 5.3.1 Market size, by region, 2019 - 2030 (USD Million)
- 5.4 Remote patient monitoring
- 5.4.1 Market size, by region, 2019 - 2030 (USD Million)
- 5.5 Connected ambulance
- 5.5.1 Market size, by region, 2019 - 2030 (USD Million)
- 5.6 Inventory management devices
- 5.6.1 Market size, by region, 2019 - 2030 (USD Million)
- 5.7 Others
- 5.7.1 Market size, by region, 2019 - 2030 (USD Million)
Chapter 6 5G in Healthcare Market, By End-use
- 6.1 Key segment trends
- 6.2 Healthcare Providers
- 6.2.1 Market size, by region, 2019 - 2030 (USD Million)
- 6.3 Healthcare Payers
- 6.3.1 Market size, by region, 2019 - 2030 (USD Million)
- 6.4 Pharmaceutical Companies
- 6.4.1 Market size, by region, 2019 - 2030 (USD Million)
Chapter 7 5G in Healthcare Market, By Region
- 7.1 Key regional trends
- 7.2 North America
- 7.2.1 Market size, by country, 2019 - 2030 (USD Million)
- 7.2.2 Market size, by offering, 2019 - 2030 (USD Million)
- 7.2.3 Market size, by application, 2019 - 2030 (USD Million)
- 7.2.4 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.2.5 U.S.
- 7.2.5.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.2.5.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.2.5.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.2.6 Canada
- 7.2.6.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.2.6.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.2.6.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3 Europe
- 7.3.1 Market size, by country, 2019 - 2030 (USD Million)
- 7.3.2 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.3 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.4 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3.5 Germany
- 7.3.5.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.5.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.5.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3.6 France
- 7.3.6.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.6.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.6.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3.7 UK
- 7.3.7.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.7.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.7.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3.8 Spain
- 7.3.8.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.8.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.8.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3.9 Italy
- 7.3.9.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.9.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.9.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.3.10 The Netherlands
- 7.3.10.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.3.10.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.3.10.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Market size, by country, 2019 - 2030 (USD Million)
- 7.4.2 Market size, by offering, 2019 - 2030 (USD Million)
- 7.4.3 Market size, by application, 2019 - 2030 (USD Million)
- 7.4.4 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.4.5 China
- 7.4.5.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.4.5.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.4.5.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.4.6 Japan
- 7.4.6.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.4.6.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.4.6.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.4.7 South Korea
- 7.4.7.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.4.7.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.4.7.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.4.8 Australia
- 7.4.8.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.4.8.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.4.8.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.4.9 Philippines
- 7.4.9.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.4.9.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.4.9.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.5 Latin America
- 7.5.1 Market size, by country, 2019 - 2030 (USD Million)
- 7.5.2 Market size, by offering, 2019 - 2030 (USD Million)
- 7.5.3 Market size, by application, 2019 - 2030 (USD Million)
- 7.5.4 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.5.5 Brazil
- 7.5.5.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.5.5.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.5.5.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.5.6 Mexico
- 7.5.6.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.5.6.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.5.6.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.5.7 Argentina
- 7.5.7.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.5.7.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.5.7.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.6 MEA
- 7.6.1 Market size, by country, 2019 - 2030 (USD Million)
- 7.6.2 Market size, by offering, 2019 - 2030 (USD Million)
- 7.6.3 Market size, by application, 2019 - 2030 (USD Million)
- 7.6.4 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.6.5 South Africa
- 7.6.5.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.6.5.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.6.5.3 Market size, by end-use, 2019 - 2030 (USD Million)
- 7.6.6 Saudi Arabia
- 7.6.6.1 Market size, by offering, 2019 - 2030 (USD Million)
- 7.6.6.2 Market size, by application, 2019 - 2030 (USD Million)
- 7.6.6.3 Market size, by end-use, 2019 - 2030 (USD Million)
Chapter 8 Company Profiles
- 8.1 Competitive dashboard, 2021
- 8.2 AT&T Inc.
- 8.2.1 Business overview
- 8.2.2 Financial data
- 8.2.3 Product landscape
- 8.2.4 Strategic outlook
- 8.2.5 SWOT analysis
- 8.3 Verizon Communications
- 8.3.1 Business overview
- 8.3.2 Financial data
- 8.3.3 Product landscape
- 8.3.4 Strategic outlook
- 8.3.5 SWOT analysis
- 8.4 NEC Corporation
- 8.4.1 Business overview
- 8.4.2 Financial data
- 8.4.3 Product landscape
- 8.4.4 Strategic outlook
- 8.4.5 SWOT analysis
- 8.5 Cisco Systems, Inc.
- 8.5.1 Business overview
- 8.5.2 Financial data
- 8.5.3 Product landscape
- 8.5.4 Strategic outlook
- 8.5.5 SWOT analysis
- 8.6 SK Telecom Co., Ltd.
- 8.6.1 Business overview
- 8.6.2 Financial data
- 8.6.3 Product landscape
- 8.6.4 Strategic outlook
- 8.6.5 SWOT analysis
- 8.7 Fibocom Wireless Inc.
- 8.7.1 Business overview
- 8.7.2 Financial data
- 8.7.3 Product landscape
- 8.7.4 Strategic outlook
- 8.7.5 SWOT analysis
- 8.8 Qualcomm
- 8.8.1 Business overview
- 8.8.2 Financial data
- 8.8.3 Product landscape
- 8.8.4 Strategic outlook
- 8.8.5 SWOT analysis
- 8.9 Ericsson
- 8.9.1 Business overview
- 8.9.2 Financial data
- 8.9.3 Product landscape
- 8.9.4 Strategic outlook
- 8.9.5 SWOT analysis
- 8.10 Nokia Corporation
- 8.10.1 Business overview
- 8.10.2 Financial data
- 8.10.3 Product landscape
- 8.10.4 Strategic outlook
- 8.10.5 SWOT analysis
- 8.11 Huawei Technologies Co., Ltd.
- 8.11.1 Business overview
- 8.11.2 Financial data
- 8.11.3 Product landscape
- 8.11.4 Strategic outlook
- 8.11.5 SWOT analysis
- 8.12 Samsung Electronics Co., Ltd.
- 8.12.1 Business overview
- 8.12.2 Financial data
- 8.12.3 Product landscape
- 8.12.4 Strategic outlook
- 8.12.5 SWOT analysis
- 8.13 BT Group
- 8.13.1 Business overview
- 8.13.2 Financial data
- 8.13.3 Product landscape
- 8.13.4 Strategic outlook
- 8.13.5 SWOT analysis
- 8.14 Deutsche Telekom AG
- 8.14.1 Business overview
- 8.14.2 Financial data
- 8.14.3 Product landscape
- 8.14.4 Strategic outlook
- 8.14.5 SWOT analysis
- 8.15 Vodafone
- 8.15.1 Business overview
- 8.15.2 Financial data
- 8.15.3 Product landscape
- 8.15.4 Strategic outlook
- 8.15.5 SWOT analysis
- 8.16 China Mobile Limited
- 8.16.1 Business overview
- 8.16.2 Financial data
- 8.16.3 Product landscape
- 8.16.4 Strategic outlook
- 8.16.5 SWOT analysis
- 8.17 China Unicom
- 8.17.1 Business overview
- 8.17.2 Financial data
- 8.17.3 Product landscape
- 8.17.4 Strategic outlook
- 8.17.5 SWOT analysis
- 8.18 Saudi Telecom Company (STC)
- 8.18.1 Business overview
- 8.18.2 Financial data
- 8.18.3 Product landscape
- 8.18.4 Strategic outlook
- 8.18.5 SWOT analysis
- 8.19 T-Mobile
- 8.19.1 Business overview
- 8.19.2 Financial data
- 8.19.3 Product landscape
- 8.19.4 Strategic outlook
- 8.19.5 SWOT analysis