US 5G in Healthcare Market Overview
As per MRFR analysis, the US 5G in Healthcare Market Size was estimated at 439.65 (USD Million) in 2023. The US 5G in Healthcare Market Industry is expected to grow from 537.6(USD Million) in 2024 to 6,000 (USD Million) by 2035. The US 5G in Healthcare Market CAGR (growth rate) is expected to be around 24.522% during the forecast period (2025 - 2035).
Key US 5G in Healthcare Market Trends Highlighted
The US 5G in Healthcare Market is witnessing significant trends that are reshaping the way healthcare is delivered and managed. One important market driver is the increasing demand for remote patient monitoring and telehealth services. With the rise in chronic diseases and the need for continuous care, healthcare providers are leveraging 5G technology to enhance connectivity and improve patient outcomes. The low latency and high-speed data transmission capabilities of 5G enable real-time communication between healthcare professionals and patients, thus facilitating better monitoring and timely interventions. There are notable opportunities to be explored in this space, particularly in the realm of artificial intelligence and data analytics.
As healthcare providers seek to harness the power of big data, the integration of 5G with AI can lead to more personalized treatment plans and predictive analytics. Additionally, collaborations between tech companies and healthcare organizations can drive innovations that cater to the unique requirements of the US healthcare system, ultimately enhancing operational efficiency and patient satisfaction. Recent trends also indicate a growing focus on enhancing cybersecurity measures as the adoption of 5G in healthcare increases. With the interconnected devices and systems, maintaining data security and patient privacy has become a priority. Furthermore, the US government is investing in infrastructure development and policy frameworks to support the integration of 5G technology in healthcare settings.
This political backing is vital for ensuring that healthcare providers can effectively implement 5G solutions while adhering to regulatory standards. Overall, the US 5G in Healthcare Market is in a phase of rapid evolution, driven by technological advancements and shifting consumer demands.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
US 5G in Healthcare Market Drivers
Growing Demand for Telehealth Services
The US 5G in Healthcare Market Industry is witnessing a significant increase in demand for telehealth services, driven by the need for remote patient monitoring and virtual consultations. According to the Centers for Medicare & Medicaid Services (CMS), telehealth usage among Medicare beneficiaries surged by 63 times during the COVID-19 pandemic. This dramatic rise underscores the essential role of telehealth in providing accessible healthcare solutions, especially in rural areas where healthcare facilities are limited.
With the integration of 5G technology, which offers lower latency and faster data transfer, healthcare providers can ensure high-quality video consultations and real-time monitoring, further promoting the growth of telemedicine. Major companies like Teladoc Health and Doximity have advanced telehealth services, enhancing patient care across the United States, thereby solidifying the importance of 5G technology in this evolving healthcare landscape.
Enhanced Remote Patient Monitoring
The increasing prevalence of chronic diseases in the United States necessitates efficient remote patient monitoring solutions, which are significantly enhanced by 5G technology. According to the American Diabetes Association, about 34.2 million people in the US, or 10.5% of the population, have diabetes, requiring constant monitoring and management. The integration of 5G in healthcare facilitates the real-time transmission of patient data to healthcare providers, allowing for immediate intervention when necessary.
Companies such as Philips and Honeywell are actively developing innovative remote monitoring devices that leverage 5G capabilities, ensuring timely treatment and improved patient outcomes. This growth in remote monitoring solutions directly supports the expansion of the US 5G in Healthcare Market Industry.
Increased Investment in Health Technology
Investment in health technology is experiencing exponential growth, with the 5G in Healthcare Market Industry poised for substantial expansion as a result. During 2020 and 2021, investments in health technology startups surged to over $14 billion, according to Startup Health, reflecting a strong interest in innovation within the healthcare sector. Companies like Google and Microsoft are focusing on developing 5G-enabled applications to improve healthcare delivery and patient experiences.
This influx of capital and interest is driving the development of innovative solutions that can utilize the high-speed and low-latency features of 5G, further accelerating advancements in the US healthcare landscape.
Smart Healthcare Infrastructure Development
The transformation of healthcare facilities into smart healthcare infrastructure is a key driver in the US 5G in Healthcare Market Industry. The US Department of Health and Human Services (HHS) is encouraging a shift towards smart technologies, offering grants and support for integrating advanced technology in healthcare systems. With the implementation of 5G, hospitals and clinics can deploy smart devices and applications that enhance operational efficiency, improve patient management, and facilitate better communication between healthcare providers.
Notable healthcare organizations such as Kaiser Permanente and Mayo Clinic are already exploring 5G technology to improve their operational capabilities, demonstrating the vital role of smart infrastructure development in the evolving healthcare environment.
US 5G in Healthcare Market Segment Insights
5G in Healthcare Market Application Insights
The Application segment of the US 5G in Healthcare Market has shown remarkable potential as it transforms various healthcare services across the nation, enhancing patient care and operational efficiency. Telemedicine has emerged as a crucial component, particularly in facilitating remote consultations and patient diagnostics, thereby improving access to healthcare, especially in rural areas of the United States. The increasing penetration of smart devices and reliable connectivity through 5G technology significantly enhances the experience for both patients and healthcare providers.
Remote Patient Monitoring is gaining traction as it allows for real-time health tracking, which is particularly vital for chronic disease management, allowing healthcare professionals to intervene promptly without requiring patients to be physically present. The integration of 5G is expected to facilitate the transfer of large data volumes, enabling continuous patient health monitoring and timely alerts for potential health issues. Robotic Surgery has also benefitted from the low latency and high bandwidth provided by 5G networks, making it easier for surgeons to operate remotely with higher precision and reduced risk.
This technology allows for minimally invasive procedures resulting in faster recovery times for patients. The significance of Augmented Reality in medical training and surgery is rising as well, with the ability of 5G to provide immersive experiences that can enhance learning and procedural accuracy. Health Analytics plays a pivotal role as well, leveraging vast amounts of healthcare data to identify trends and improve decision-making processes, hence directly impacting patient outcomes. Overall, the Application segment within the US 5G in Healthcare Market is expected to continue evolving, driven by technological advancements and an increasing demand for efficient healthcare solutions, highlighting the immense opportunities that lie ahead for innovative and effective healthcare delivery across the region.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
5G in Healthcare Market End Use Insights
The US 5G in Healthcare Market encompasses several key End Use categories, including Hospitals, Clinics, Homecare, Emergency Medical Services, and Pharmaceuticals, each playing a vital role in the transformation of healthcare delivery. Hospitals are expected to leverage 5G technology for real-time data sharing, telemedicine, and remote surgeries, significantly enhancing patient care and operational efficiency. Clinics may utilize 5G to improve patient engagement through telehealth services and streamlined operations.
Homecare services benefit from the connectivity provided by 5G, allowing families to monitor health conditions through wearable devices, increasing patient independence.Emergency Medical Services rely on 5G to transmit critical patient data swiftly, improving response times and treatment outcomes during emergencies. The Pharmaceuticals sector stands to gain from enhanced logistics, streamlined supply chains, and the ability to conduct real-time clinical trials, ultimately accelerating the drug development process. These segments combined highlight not just substantial growth potential but also crucial developments that state-of-the-art technology facilitates in the US healthcare landscape, driving improved patient outcomes and system efficiencies.
5G in Healthcare Market Connectivity Type Insights
The Connectivity Type segment of the US 5G in Healthcare Market showcases diverse technologies essential for advancing healthcare delivery. Enhanced Mobile Broadband plays a crucial role in enabling high-definition video consultations and remote monitoring, significantly improving patient engagement and access to specialists, which is vital in a country with vast geography like the US. Ultra-Reliable Low Latency Communications is fundamental for applications requiring instantaneous data transfer, such as remote surgery and real-time patient monitoring, where any delays can impact outcomes.
Meanwhile, Massive Machine Type Communications supports a growing ecosystem of connected medical devices, allowing for efficient data management and improving the overall reliability and quality of patient care. The interplay of these connectivity types addresses emerging challenges in healthcare, propelling the industry towards a more connected and efficient future while facilitating telemedicine, remote monitoring, and data analytics. As the US healthcare sector grapples with increasing demands, these advanced connectivity solutions are pivotal for driving innovation, enhancing operational efficiency, and ultimately improving patient outcomes.The robust growth in this market segment denotes a strategic pivot during the ongoing digital transformation era in healthcare.
5G in Healthcare Market Component Insights
The Component segment of the US 5G in Healthcare Market plays a crucial role in enhancing healthcare delivery through advanced technologies. This segment encompasses Hardware, Software, and Services, each contributing uniquely to the overall functionality and effectiveness of healthcare systems. Hardware elements, such as smart medical devices and network infrastructure, facilitate real-time monitoring and data transmission, thereby improving patient outcomes.
Meanwhile, Software applications, including electronic health records and telehealth platforms, enhance data management and accessibility, which is vital for healthcare providers in decision-making processes.The Services aspect, which may include integration, maintenance, and support, ensures that the technology operates seamlessly in healthcare environments. The significance of this segment is underscored by the rapid adoption of 5G technology, which provides the necessary bandwidth and low latency for complex healthcare applications. Overall, the Component segment is integral to the evolution of the US healthcare system as it benefits from improved connectivity and innovation, ultimately leading to better patient care and operational efficiency.The expansion of this segment is expected to be supported by advancements in technology and a growing demand for efficient healthcare solutions.
US 5G in Healthcare Market Key Players and Competitive Insights
The US 5G in Healthcare Market is witnessing dynamic transformational changes driven by the adoption of advanced technology solutions that integrate high-speed connectivity into healthcare delivery processes. The competitive landscape is characterized by increasing investments from major corporations, collaborations between technology firms and healthcare providers, and a fiendish race to develop innovative applications that leverage 5G capabilities. Enhanced data transmission speed, reduced latency, and improved reliability are key factors propelling the market growth. The confluence of Internet of Things (IoT) devices, telemedicine, remote monitoring, and big data analytics in conjunction with 5G technology is reshaping the healthcare ecosystem, favorably influencing patient outcomes, operational efficiencies, and overall service delivery. As the market continues to evolve, healthcare organizations are prioritizing the incorporation of 5G infrastructure into their operations to ensure they remain competitive in an increasingly digital world.
GE Healthcare
In the context of the US 5G in Healthcare Market, GE Healthcare is recognized for its robust presence and innovative solutions tailored for healthcare providers. The company's strengths lie in its extensive portfolio of medical imaging, monitoring systems, and data analytics tools, which are increasingly being integrated with 5G technology to enhance clinical decision-making and patient engagement. With a solid reputation for quality and reliability in healthcare infrastructure, GE Healthcare leverages its technological expertise to deliver solutions that meet the demanding needs of modern healthcare systems.
Their commitment to research and development in the realm of 5G applications showcases their agility in responding to market trends, equipping healthcare professionals with cutting-edge tools to facilitate advanced imaging techniques, real-time patient monitoring, and efficient data sharing across medical facilities.
Oracle
Oracle plays a pivotal role in the US 5G in Healthcare Market with a strong focus on cloud-based solutions and data management services that cater to healthcare organizations. The company’s key products include advanced health information systems, analytics tools, and electronic health record (EHR) solutions that leverage 5G technology to streamline operations and improve patient care efficiencies. Oracle's market presence is reinforced by its ongoing mergers and acquisitions aimed at enhancing its healthcare technology capabilities, enabling seamless data exchange, and supporting interoperability across systems.
The company’s strengths are grounded in its robust cloud infrastructure and commitment to security, ensuring that healthcare providers can rely on Oracle’s services to comply with regulatory requirements while providing optimal patient care. By strategically aligning with partners to conceptualize innovative applications for the 5G environment, Oracle is poised to expand its influence within the US healthcare sector, further enhancing its competitive edge.
Key Companies in the US 5G in Healthcare Market Include
- GE Healthcare
- Oracle
- Cerner
- Medtronic
- Cisco
- IBM
- Qualcomm
- Microsoft
- AT and T
- Nokia
- Siemens Healthineers
- Philips
- Verizon
- TMobile
- Epic Systems
US 5G in Healthcare Market Industry Developments
The US 5G in Healthcare Market has seen significant developments recently, particularly with advancements in telehealth and remote patient monitoring driven by 5G technology. Companies like GE Healthcare and Cisco have been actively involved in promoting innovative solutions that improve connectivity and patient care. In October 2023, Verizon partnered with various healthcare institutions to roll out 5G-enabled services aimed at enhancing operational efficiency and patient engagement. Major players such as Oracle and IBM are enhancing their cloud platforms to support 5G applications in healthcare.
In terms of mergers and acquisitions, Siemens Healthineers has been expanding its reach with the acquisition of Varian Medical Systems, completed in August 2020, which reinforces its commitment to integrating advanced technology in healthcare. Additionally, Qualcomm recently engaged in strategic partnerships with AT and T to develop next-gen healthcare solutions utilizing 5G capabilities. The market has witnessed robust growth, as the application of 5G technology is projected to enhance the quality of care, reduce operational costs, and enable real-time data sharing in healthcare settings across the United States, making it a critical area of focus for innovation and investment.
US 5G in Healthcare Market Segmentation Insights
5G in Healthcare Market Application Outlook
- Telemedicine
- Remote Patient Monitoring
- Robotic Surgery
- Augmented Reality
- Health Analytics
5G in Healthcare Market End Use Outlook
- Hospitals
- Clinics
- Homecare
- Emergency Medical Services
- Pharmaceuticals
5G in Healthcare Market Connectivity Type Outlook
- Enhanced Mobile Broadband
- Ultra-Reliable Low Latency Communications
- Massive Machine Type Communications
5G in Healthcare Market Component Outlook
- Hardware
- Software
- Services
| Report Attribute/Metric Source: |
Details |
| MARKET SIZE 2018 |
439.65(USD Million) |
| MARKET SIZE 2024 |
537.6(USD Million) |
| MARKET SIZE 2035 |
6000.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) |
24.522% (2025 - 2035) |
| REPORT COVERAGE |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR |
2024 |
| MARKET FORECAST PERIOD |
2025 - 2035 |
| HISTORICAL DATA |
2019 - 2024 |
| MARKET FORECAST UNITS |
USD Million |
| KEY COMPANIES PROFILED |
GE Healthcare, Oracle, Cerner, Medtronic, Cisco, IBM, Qualcomm, Microsoft, AT and T, Nokia, Siemens Healthineers, Philips, Verizon, TMobile, Epic Systems |
| SEGMENTS COVERED |
Application, End Use, Connectivity Type, Component |
| KEY MARKET OPPORTUNITIES |
Remote patient monitoring solutions, Enhanced telemedicine applications, Advanced medical imaging services, Real-time data transmission technologies, Smart hospital infrastructure development |
| KEY MARKET DYNAMICS |
Increased data transmission speeds, Enhanced remote patient monitoring, IoT device proliferation, Improved telemedicine capabilities, Reduced operational costs |
| COUNTRIES COVERED |
US |
Frequently Asked Questions (FAQ) :
The US 5G in Healthcare Market is expected to be valued at 6000.0 USD Million by the year 2035.
The market is expected to grow at a CAGR of 24.522% from 2025 to 2035.
Telemedicine is projected to have the highest value at 1800.0 USD Million by the year 2035.
Remote Patient Monitoring is valued at 130.0 USD Million in the year 2024.
Key players include GE Healthcare, Oracle, Cerner, and Medtronic among others.
Health Analytics is estimated to reach a market value of 1400.0 USD Million by the year 2035.
Robotic Surgery is expected to have a market size of 100.0 USD Million in 2024.
Augmented Reality is projected to reach a market value of 1100.0 USD Million by 2035.
Potential challenges include regulatory hurdles and technological integration in healthcare systems.
Telemedicine is valued at 150.0 USD Million in the year 2024.
