"The Global Internet of Medical Things (IoMT) Market was valued at USD 82.61 billion in 2025 and is projected to reach USD 425.46 billion by 2034, growing at a CAGR of 19.98%."
The Internet of Medical Things (IoMT) market has seen rapid growth as healthcare systems worldwide adopt connected medical devices to improve patient care, increase operational efficiency, and reduce healthcare costs. IoMT refers to a network of connected devices, such as wearables, remote monitoring systems, and diagnostic equipment, which collect and transmit medical data to healthcare providers in real-time. These devices enable healthcare professionals to make more informed decisions, improve treatment outcomes, and provide personalized care. The integration of IoMT with technologies like Artificial Intelligence (AI), machine learning, and cloud computing has further propelled its use, allowing for enhanced data analysis, predictive healthcare, and patient management solutions. The demand for remote patient monitoring, especially post-pandemic, has also contributed significantly to the adoption of IoMT devices, offering a non-invasive way to monitor patients' health from their homes.
The market is expected to continue growing rapidly, driven by the increasing prevalence of chronic diseases, an aging population, and the rising adoption of telemedicine. Additionally, IoMT is playing a critical role in the ongoing digital transformation of healthcare systems, streamlining workflows and improving patient experiences. North America currently leads the IoMT market, primarily due to advanced healthcare infrastructure, high healthcare spending, and favorable government initiatives. However, regions such as Asia-Pacific are seeing significant adoption rates as healthcare systems in countries like India and China increasingly invest in IoMT technologies to enhance healthcare access and quality. The market also faces challenges related to data privacy and security, as the collection and transmission of sensitive health data raise concerns about patient confidentiality and cybersecurity risks. Despite these challenges, the IoMT market presents substantial opportunities for growth and innovation in the healthcare sector.
Report Scope
| Parameter | Detail |
|---|---|
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2026-2034 |
| Market Size-Units | USD billion/Million |
| Market Splits Covered | By Device Type ,By Application ,By End User |
| Countries Covered | North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) |
| Analysis Covered | Latest Trends, Driving Factors, Challenges, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
| Customization | 10% free customization(up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
| Post-Sale Support | 4 analyst hours, available up to 4 weeks |
| Delivery Format | The Latest Updated PDF and Excel Datafile |
Regional Insights
North America Internet of Medical Things (IoMT) Market
The North American IoMT market is experiencing substantial growth, primarily driven by the region's advanced healthcare infrastructure and high levels of healthcare spending. With the increasing adoption of connected devices, healthcare providers are now able to offer more personalized and efficient care. Remote patient monitoring has gained significant traction in the region, especially post-pandemic, as patients and healthcare providers embrace the convenience and flexibility offered by IoMT technologies. The integration of AI, machine learning, and cloud computing in IoMT devices is enabling more accurate diagnostics and better patient management. North America also benefits from the presence of key technology players and healthcare organizations that are driving innovation in the field of IoMT. The region continues to lead the market in terms of investment, adoption, and technological advancements, and it is expected to maintain its dominance over the coming years, with IoMT applications continuing to transform healthcare practices across the U.S. and Canada.
Asia Pacific Internet of Medical Things (IoMT) Market
The IoMT market in the Asia Pacific region is experiencing rapid expansion, driven by increasing healthcare investments and the growing adoption of technology-driven healthcare solutions. Countries like China, India, and Japan are investing heavily in digital healthcare, making IoMT technologies an essential part of their healthcare strategies. The region's large population and rising prevalence of chronic diseases have led to an increased demand for remote monitoring and healthcare automation. IoMT devices are being integrated into primary healthcare systems, making it easier for doctors to monitor patient health remotely, improve healthcare delivery, and reduce costs. Additionally, the rising middle class and increasing healthcare awareness are fueling market growth. As the region continues to focus on improving healthcare accessibility and quality, IoMT solutions are expected to play a key role in modernizing healthcare systems and expanding patient care capabilities, offering significant opportunities for companies operating in the market.
Europe Internet of Medical Things (IoMT) Market
Europe's IoMT market is characterized by a strong focus on sustainability, patient-centered care, and regulatory compliance. The European healthcare sector is increasingly adopting IoMT solutions to streamline operations, enhance patient engagement, and reduce healthcare costs. With growing awareness of the benefits of connected healthcare, many European countries are integrating IoMT technologies into their public health systems, promoting digital health initiatives that improve access to care. The increasing prevalence of chronic conditions such as diabetes, heart disease, and respiratory issues is driving demand for remote monitoring and management solutions. Additionally, regulatory frameworks across Europe, such as the General Data Protection Regulation (GDPR), ensure data security and privacy, which is crucial for the adoption of IoMT devices. Innovation in medical devices, coupled with the need for sustainable, digital health solutions, presents lucrative opportunities for companies. Europe is likely to continue to expand its IoMT infrastructure as governments and healthcare providers seek to modernize healthcare delivery and improve patient outcomes.
Key Market Insights
- The Internet of Medical Things (IoMT) market is rapidly expanding as healthcare systems worldwide increasingly adopt connected devices for real-time patient monitoring and improved care. These devices enhance patient outcomes by providing doctors with continuous, real-time health data, enabling more informed decisions and personalized treatments.
- The adoption of IoMT technologies is being fueled by the rising demand for remote patient monitoring. Patients with chronic conditions, such as diabetes and hypertension, can be monitored from home using IoMT devices, reducing hospital visits and improving overall patient convenience and healthcare outcomes.
- The integration of advanced technologies like AI, machine learning, and cloud computing in IoMT devices has further accelerated their usage. These technologies enable more sophisticated data analysis, predictive insights, and better management of patient health, thus improving the efficiency of healthcare systems globally.
- The growing prevalence of chronic diseases such as heart disease, diabetes, and respiratory conditions is driving the demand for IoMT devices. As the global population ages, the need for continuous health monitoring and management solutions has led to higher adoption of IoMT technologies in the healthcare sector.
- The IoMT market is also seeing a surge in wearables, such as smartwatches and fitness trackers, which are now being used to monitor vital signs like heart rate, blood pressure, and oxygen levels. These wearables play a crucial role in preventative healthcare by enabling early detection of health issues.
- North America is the largest market for IoMT due to the region's well-established healthcare infrastructure, high levels of healthcare spending, and the presence of major players in the technology and healthcare sectors. The U.S. is leading the way in the adoption of IoMT devices, with a strong focus on telemedicine and patient-centered care.
- The Asia-Pacific region is witnessing rapid growth in IoMT adoption, driven by the increasing healthcare investments in countries like India and China. These countries are focusing on expanding access to healthcare and improving patient outcomes, making IoMT devices a critical component of their healthcare infrastructure.
- Despite the significant opportunities, the IoMT market faces challenges regarding data privacy and security. As IoMT devices collect sensitive health information, ensuring the protection of patient data against cyber threats is a critical concern for both manufacturers and healthcare providers.
- IoMT is transforming the healthcare sector by streamlining workflows and improving operational efficiency. Healthcare providers can use the data generated by IoMT devices to optimize resource allocation, reduce costs, and improve service delivery across healthcare settings, from hospitals to home care.
- The future of the IoMT market looks promising with continued innovations in device functionality, data analysis, and patient engagement. As healthcare systems evolve, IoMT technologies will become integral to digital healthcare strategies, offering scalable, efficient, and patient-centric solutions to meet growing healthcare demands.
Internet of Medical Things (IoMT) Market Segments Covered In The Report
By Device Type
- Wearable Devices
- Stationary Devices
- Implantable Devices
- Other Devices
By Application
- Data Assortment And Analysis
- Real-Time Monitoring
- Remote Medical Assistance
- Tracking And Alerts
- Other Applications
By End User
- Healthcare Providers
- Patients
- Government Authorities
- Other End Users
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Key Market Players
Google LLC, Microsoft Corporation, Johnson & Johnson Services Inc., Siemens Healthineers AG, Roche Diagnostics Corporation, Cisco Systems Inc., Qualcomm Life Inc., Abbott Laboratories, Oracle Corporation, Honeywell International Inc., Medtronic PLC, Becton Dickinson and Company, Koninklijke Philips N.V., Stryker Corporation, GE HealthCare Technologies Inc., Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Zebra Technologies Corp., Smith & Nephew PLC, Otsuka America Pharmaceutical Inc., ResMed Inc., AptarGroup Inc., DexCom Inc., Masimo Corporation, iRhythm Technologies Inc., Merative L.P., Capsule Technologies Inc., Owlet Baby Care Inc., AgaMatrix Inc., AliveCor.Recent Industry Developments
- July 2025 – GE HealthCare Technologies Inc. launched the Optima IGS 320, an AI-powered cath lab, in Bengaluru, India. This new technology aims to improve cardiac care by enhancing imaging precision and supporting less invasive procedures, addressing the growing need for advanced healthcare solutions in the region.
- June 2025 – Philips introduced a next-generation IoMT platform, designed to enable healthcare providers to seamlessly integrate connected devices into clinical workflows. The platform supports remote patient monitoring and enhances healthcare outcomes by delivering real-time insights from various medical devices.
- May 2025 – Medtronic expanded its IoMT offerings with a new remote monitoring system that connects patient data to healthcare providers in real-time. The system is intended to improve the management of chronic conditions by enabling doctors to make faster and more informed decisions.
- April 2025 – Siemens Healthineers unveiled an innovative cloud-based IoMT solution that integrates multiple medical devices into a unified digital ecosystem. This new solution aims to streamline data management and improve patient care by offering enhanced visibility and remote monitoring capabilities.
- March 2025 – Abbott Laboratories announced the launch of a new wearable IoMT device designed to continuously monitor glucose levels in diabetic patients. The device provides real-time data to both patients and healthcare providers, helping to improve disease management and overall health outcomes.
- February 2025 – Honeywell launched a new IoMT-enabled device that monitors vital signs and connects with hospital information systems for real-time patient data tracking. This solution aims to enhance patient safety and improve the efficiency of hospital operations.
- January 2025 – Johnson & Johnson rolled out a next-gen IoMT device for post-surgery patient monitoring. The device collects real-time data on patient recovery, allowing healthcare providers to make timely interventions, improving patient outcomes and reducing hospital readmission rates.
- December 2024 – Medtronic introduced a new IoMT-enabled platform for the remote management of heart failure patients. The platform allows healthcare providers to track patient health remotely, reducing hospital visits and enabling proactive interventions to manage chronic heart conditions.
- November 2024 – Aetna announced a partnership with various healthcare providers to deploy IoMT technologies that improve the management of chronic diseases. The collaboration will leverage connected devices to monitor patients remotely and reduce hospital readmission rates.
- October 2024 – Abbott Laboratories launched a new IoMT-connected device to monitor and analyze patient rehabilitation progress following joint surgery. This device allows patients to track their recovery and share data with healthcare providers, facilitating better rehabilitation management.
What You Receive
• Global Internet of Medical Things (IoMT) market size and growth projections (CAGR), 2024- 2034• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Internet of Medical Things (IoMT).
• Internet of Medical Things (IoMT) market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Internet of Medical Things (IoMT) market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Internet of Medical Things (IoMT) market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Internet of Medical Things (IoMT) market, Internet of Medical Things (IoMT) supply chain analysis.
• Internet of Medical Things (IoMT) trade analysis, Internet of Medical Things (IoMT) market price analysis, Internet of Medical Things (IoMT) Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Internet of Medical Things (IoMT) market news and developments.
The Internet of Medical Things (IoMT) Market international scenario is well established in the report with separate chapters on North America Internet of Medical Things (IoMT) Market, Europe Internet of Medical Things (IoMT) Market, Asia-Pacific Internet of Medical Things (IoMT) Market, Middle East and Africa Internet of Medical Things (IoMT) Market, and South and Central America Internet of Medical Things (IoMT) Markets. These sections further fragment the regional Internet of Medical Things (IoMT) market by type, application, end-user, and country.
1.1 List of Tables
1.2 List of Figures
2. Internet of Medical Things (IoMT) Market Latest Trends, Drivers and Challenges, 2024 - 2034
2.1 Internet of Medical Things (IoMT) Market Overview
2.2 Market Strategies of Leading Internet of Medical Things (IoMT) Companies
2.3 Internet of Medical Things (IoMT) Market Insights, 2024 - 2034
2.3.1 Leading Internet of Medical Things (IoMT) Types, 2024 - 2034
2.3.2 Leading Internet of Medical Things (IoMT) End-User industries, 2024 - 2034
2.3.3 Fast-Growing countries for Internet of Medical Things (IoMT) sales, 2024 - 2034
2.4 Internet of Medical Things (IoMT) Market Drivers and Restraints
2.4.1 Internet of Medical Things (IoMT) Demand Drivers to 2034
2.4.2 Internet of Medical Things (IoMT) Challenges to 2034
2.5 Internet of Medical Things (IoMT) Market- Five Forces Analysis
2.5.1 Internet of Medical Things (IoMT) Industry Attractiveness Index, 2024
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Internet of Medical Things (IoMT) Market Value, Market Share, and Forecast to 2034
3.1 Global Internet of Medical Things (IoMT) Market Overview, 2024
3.2 Global Internet of Medical Things (IoMT) Market Revenue and Forecast, 2024 - 2034 (US$ billion)
3.3 Global Internet of Medical Things (IoMT) Market Size and Share Outlook By Device Type, 2024 - 2034
3.4 Global Internet of Medical Things (IoMT) Market Size and Share Outlook By Application, 2024 - 2034
3.5 Global Internet of Medical Things (IoMT) Market Size and Share Outlook By End User, 2024 – 2034
3.6 Global Internet of Medical Things (IoMT) Market Size and Share Outlook By Segment4, 2024 - 2034
3.7 Global Internet of Medical Things (IoMT) Market Size and Share Outlook by Region, 2024 - 2034
4. Asia Pacific Internet of Medical Things (IoMT) Market Value, Market Share and Forecast to 2034
4.1 Asia Pacific Internet of Medical Things (IoMT) Market Overview, 2024
4.2 Asia Pacific Internet of Medical Things (IoMT) Market Revenue and Forecast, 2024 - 2034 (US$ billion)
4.3 Asia Pacific Internet of Medical Things (IoMT) Market Size and Share Outlook By Device Type, 2024 - 2034
4.4 Asia Pacific Internet of Medical Things (IoMT) Market Size and Share Outlook By Application, 2024 - 2034
4.5 Asia Pacific Internet of Medical Things (IoMT) Market Size and Share Outlook By End User, 2024 – 2034
4.6 Asia Pacific Internet of Medical Things (IoMT) Market Size and Share Outlook By Segment4, 2024 - 2034
4.7 Asia Pacific Internet of Medical Things (IoMT) Market Size and Share Outlook by Country, 2024 - 2034
5. Europe Internet of Medical Things (IoMT) Market Value, Market Share, and Forecast to 2034
5.1 Europe Internet of Medical Things (IoMT) Market Overview, 2024
5.2 Europe Internet of Medical Things (IoMT) Market Revenue and Forecast, 2024 - 2034 (US$ billion)
5.3 Europe Internet of Medical Things (IoMT) Market Size and Share Outlook By Device Type, 2024 - 2034
5.4 Europe Internet of Medical Things (IoMT) Market Size and Share Outlook By Application, 2024 - 2034
5.5 Europe Internet of Medical Things (IoMT) Market Size and Share Outlook By End User, 2024 – 2034
5.6 Europe Internet of Medical Things (IoMT) Market Size and Share Outlook By Segment4, 2024 - 2034
5.7 Europe Internet of Medical Things (IoMT) Market Size and Share Outlook by Country, 2024 - 2034
6. North America Internet of Medical Things (IoMT) Market Value, Market Share and Forecast to 2034
6.1 North America Internet of Medical Things (IoMT) Market Overview, 2024
6.2 North America Internet of Medical Things (IoMT) Market Revenue and Forecast, 2024 - 2034 (US$ billion)
6.3 North America Internet of Medical Things (IoMT) Market Size and Share Outlook By Device Type, 2024 - 2034
6.4 North America Internet of Medical Things (IoMT) Market Size and Share Outlook By Application, 2024 - 2034
6.5 North America Internet of Medical Things (IoMT) Market Size and Share Outlook By End User, 2024 – 2034
6.6 North America Internet of Medical Things (IoMT) Market Size and Share Outlook By Segment4, 2024 - 2034
6.7 North America Internet of Medical Things (IoMT) Market Size and Share Outlook by Country, 2024 - 2034
7. South and Central America Internet of Medical Things (IoMT) Market Value, Market Share and Forecast to 2034
7.1 South and Central America Internet of Medical Things (IoMT) Market Overview, 2024
7.2 South and Central America Internet of Medical Things (IoMT) Market Revenue and Forecast, 2024 - 2034 (US$ billion)
7.3 South and Central America Internet of Medical Things (IoMT) Market Size and Share Outlook By Device Type, 2024 - 2034
7.4 South and Central America Internet of Medical Things (IoMT) Market Size and Share Outlook By Application, 2024 - 2034
7.5 South and Central America Internet of Medical Things (IoMT) Market Size and Share Outlook By End User, 2024 – 2034
7.6 South and Central America Internet of Medical Things (IoMT) Market Size and Share Outlook By Segment4, 2024 - 2034
7.7 South and Central America Internet of Medical Things (IoMT) Market Size and Share Outlook by Country, 2024 - 2034
8. Middle East Africa Internet of Medical Things (IoMT) Market Value, Market Share and Forecast to 2034
8.1 Middle East Africa Internet of Medical Things (IoMT) Market Overview, 2024
8.2 Middle East and Africa Internet of Medical Things (IoMT) Market Revenue and Forecast, 2024 - 2034 (US$ billion)
8.3 Middle East Africa Internet of Medical Things (IoMT) Market Size and Share Outlook By Device Type, 2024 - 2034
8.4 Middle East Africa Internet of Medical Things (IoMT) Market Size and Share Outlook By Application, 2024 - 2034
8.5 Middle East Africa Internet of Medical Things (IoMT) Market Size and Share Outlook By End User, 2024 – 2034
8.6 Middle East Africa Internet of Medical Things (IoMT) Market Size and Share Outlook By Segment4, 2024 - 2034
8.7 Middle East Africa Internet of Medical Things (IoMT) Market Size and Share Outlook by Country, 2024 - 2034
9. Internet of Medical Things (IoMT) Market Structure
9.1 Key Players
9.2 Internet of Medical Things (IoMT) Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis
10. Internet of Medical Things (IoMT) Industry Recent Developments
11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
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FAQ's
The Global Internet of Medical Things (IoMT) Market is estimated to generate USD 82.61 billion in revenue in 2025.
The Global Internet of Medical Things (IoMT) Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.98% during the forecast period from 2025 to 2034.
The Internet of Medical Things (IoMT) Market is estimated to reach USD 425.46 billion by 2034.
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