Internet of Things in Healthcare Companies

Philips Healthcare acquires BioTelemetry Inc.: In October 2023, Philips Healthcare acquired BioTelemetry Inc., a leading provider of remote cardiac monitoring services, for $2.8 billion. This move strengthens Philips' position in the cardiac care market and expands its portfolio of connected healthcare solutions.

Medtronic partners with NVIDIA: In March 2023, Medtronic announced a strategic collaboration with NVIDIA to accelerate the development of AI in healthcare and bring new AI-based solutions to patient care. The companies will integrate NVIDIA healthcare and edge AI technologies into Medtronic's GI Genius intelligent endoscopy module.

Samsung expands health program for preventative care: In November 2023, Samsung expanded its Privileged Health Software Development Kit (SDK) program to give users more preventative health tools through partnerships with various healthcare platforms. Combining sensor data from the Galaxy Watch with specialized platforms allows users to better understand and manage their health.

Amazon expands Clinic healthcare service nationwide: In January 2024, Amazon expanded its Clinic healthcare platform to cover all 50 US states and Washington DC. The platform, initially launched in November 2022, aims to provide virtual medical care for over 30 common health conditions.

Wipro GE Healthcare launches AI-powered cath lab: In September 2022, Wipro GE Healthcare launched an AI-powered cath lab called Optima IGS320. This innovative system uses AI to guide physicians during cardiac procedures, improving accuracy and efficiency.

• Koninklijke Philips N.V. (Netherlands)


• Medtronic (US)


• Honeywell Life Care Solutions (US)


• GE Healthcare (US)


• Boston Scientific Corporation (US)


• Cisco System Inc. (US)


• Microsoft Corporation (US)


• SAP SE (Germany)


• Proteus Digital Health (US)


• QUALCOMM Incorporated (US)


• IBM Corporation (US)


• Resideo Technologies (US)


• Capsule Technologies (US)


• Siemens (Germany)