Press Releases

The report "5G in Healthcare Market by Component (Hardware, Connectivity, and Services), by Application (Healthcare Management Software, Remote Healthcare, Connected Medical Devices, AR/VR, Asset Tracking, and Others), by End User (Healthcare Providers and Healthcare Payers) - Global Forecast to 2030", The global 5G in healthcare market is expected to grow at a 33.45% CAGR during the forecast period. The healthcare sector is time sensitive and crucial in nature, thus needs constant access to real-time data and requires the latest medical equipment. The increased adoption of telehealth and robotic surgery post-COVID-19 crisis and increased implementation of 5G-enabled wearable medical devices for real-time monitoring of patients are the primary factors driving the market expansion of the global 5G in the healthcare industry. Also, the exponential development of cutting-edge technologies like artificial intelligence, wired and wireless communications, and machine learning has fueled the desire for a real-time network with faster internet access and larger bandwidth.  The utilization of 5G-enabled medical equipment is primarily responsible for the market's growth. Increasing usage of AI combined with 5G in healthcare for processing big patient data files is predicted to offer considerable market potential opportunities.

Because of its exceptional security and service reliability, increased connections per square kilometer, and high mobility, 5G connectivity enables large-scale remote patient monitoring. Furthermore, 5G advantages such as ultra-low latency, high-speed connectivity, and high throughput are projected to promote 5G adoption in healthcare during the projection period.

In April 2023, Verizon Business has reported the implementation of a private 5G network at the new Cleveland Clinic site in Mentor, Ohio. The two firms will collaborate to find methods to use this technology to improve patient care, equip caregivers with more connectivity to deliver that care, and elevate the patient and visitor experience.

Browse 53 market data Tables and 35 Figures spread through 190 Pages and in-depth TOC on " 5G in Healthcare Market by Component (Hardware, Connectivity, and Services), by Application (Healthcare Management Software, Remote Healthcare, Connected Medical Devices, AR/VR, Asset Tracking, and Others), by End User (Healthcare Providers and Healthcare Payers), and Region - Global Forecast to 2030

By Component, the Service segment is expected to have a high CAGR during the forecast period.

The service segment is expected to have a high CAGR during the forecast period. The need for enhanced mobile bandwidth and higher frequencies provided by 5G services is ascribed to the growth of this category in the healthcare sector.

Global 5G Healthcare Market Segmentation and Key Players

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“Asia-Pacific is expected to witness high CAGR in the Global 5G in Healthcare Industry during the forecast period.”

APAC is expected to grow at a faster pace during the forecast period owing to the rising geriatric population, extensive adoption of integrated technologies, increased emphasis on digitalization in the healthcare sector, the surge in the number of IoT-enabled medical devices, continuous enhancement in network connection, and increased implementation of smart medical devices for remote patient care, thereby propelling market growth in the region.

Some of the major players in the global 5G in the Healthcare industry include AT&T Intellectual Property, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., TMobile USA, Inc., Cisco Systems, Inc., TELUS, Verizon, Qualcomm Technologies, Inc., Orange S.A., and Samsung Electronics. 

Global 5G in Healthcare Market Coverage

Component Insight and Forecast 2025-2030

• Hardware
• Connectivity
• Services
  • Professional Services
  • Managed Services

Application Insight and Forecast 2025-2030

• Healthcare Management Software
• Remote Healthcare
  • Remote Patient Monitoring
  • Virtual Consultations
  • Video-Enabled Prescription Management
• Connected Medical Devices
• AR, VR
• Asset Tracking
• Others

End User Insight and Forecast 2025-2030

• Healthcare Providers
• Healthcare Payers

Geographical Segmentation

5G in Healthcare Market by Region

North America

• By Component
• By Application
• By End User
• By Country – U.S., Canada, and Mexico

Europe

• By Component
• By Application
• By End User
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Component
• By Application
• By End User
• By Country – China, Japan, India, South Korea, and the Rest of Asia-Pacific

Rest of the World (RoW)

• By Component
• By Application
• By End User
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries