Global 5G Healthcare Infrastructure Insights to 2028 – by Component, Application, End User and Region – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–Added Global 5G Infrastructure in Healthcare Market, By Component, By Application, By End User, & By Region – Forecast and Analysis 2022-2028 report ResearchAndMarkets.com Offer.

Global 5G Healthcare Infrastructure Market was valued at US$232.15 million in 2021 and is forecast to reach US$13273.19 million by 2028, growing at a CAGR of more than 78.25% during the forecast period (2022 – 2028) .

The increasing use of telemedicine and robotic surgery as a result of COVID-19, as well as increasing adoption of 5G-enabled wearable medical devices for real-time remote patient monitoring are driving the growth of this market. Other important reasons for the growth of this market are the potential of 5G technology to send large patient files quickly, improvements in communications, and the availability of low-cost sensors. However, the high cost of deploying a 5G network is expected to limit the development of the market.

Top-down and bottom-up approaches have been used to estimate and validate the size of the global 5G infrastructure in healthcare market and to estimate the size of various other dependent sub-markets. The research methodology used to estimate the market size includes the following details: the major players in the market have been identified through secondary research and their market shares in each region have been determined through primary and secondary research.

This entire process includes studying the annual and financial reports of the top market participants and in-depth interviews for key insights from industry leaders such as CEOs, VPs, directors and marketing directors. All percentage share splits and breakdowns were determined using secondary sources and verified by primary sources. All possible parameters affecting the markets covered in this research study have been considered, considered in depth, verified through primary research and analyzed to arrive at the final quantitative and qualitative data.

driver

  • For many years, ICT and medical knowledge have been a powerful mix to improve patient care. Remote diagnosis and robotic surgery are being used extensively around the world, and the rapid development of ICT implies that even more opportunities for these treatments are becoming a reality. Another area that could benefit from such advances is robotic laser surgery. Doctors can now perform difficult surgeries with greater accuracy and flexibility while minimizing the invasiveness of the procedure thanks to the use of a machine. This is made possible by 5G technology, which has contributed to the advancement of software and the smooth transmission of information. Many telecom giants are implementing this technology to improve their healthcare systems.

restraint

  • The high production cost of 5G healthcare infrastructure is a major inhibiting factor for 5G healthcare. Various emerging and developing countries do not have a solid economy, which is a major obstacle to the growth of 5G in the healthcare market.

  • Moving from 4G to 5G technologies will require significant spending. The cost of the 5G infrastructure is strongly influenced by the required throughput density, the periodic interest rate and the price of the base stations. Reduced costs are critical for effective and ultra-dense small cell installations. The challenge for CSPs in migrating to 5G is justifying the multi-billion dollar investment in new network equipment required to transform their network into a virtualized infrastructure, migrate services from 3G and 4G to 5G, and scale up their business to protect against the ever-increasing risks of disruptions and cyber threats.

Key Market Trends

  • Wearable devices, secure online consultations, and remote operations such as robotic surgery will improve resource efficiency while meeting customer demands for greater convenience and choice. This technological advancement in healthcare opens up multiple opportunities for telecom providers to enter new value chains and build relationships that benefit the entire ecosystem.

  • 5G-connected wearables could potentially benefit healthcare payers, whether they be commercial insurance companies or the government. Payers have significant financial incentives to keep their individual customers healthy and to identify medical problems early so they can be treated before the situation requires massive and costly diagnostic procedures and treatments. For example, expanding the use of wearable monitoring technology to include more diabetics or those at risk of heart problems could save lives, improve the overall health of the population, and significantly reduce payer spending.

companies mentioned

  • AT&T

  • Verizon

  • China Mobile Limited

  • T Mobile

  • ericsson

  • Telit

  • Telus

  • Vodafone

  • Nokia

  • Samsung

  • Deutsche Telekom AG

For more information about this report, visit https://www.researchandmarkets.com/r/rzlu2i

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