Product Code: PHA1342
The global Internet of Medical Things (IoMT) market is projected to grow at a CAGR of 20.6% by 2034
The Internet of Medical Things (IoMT) Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Significant Expansion in the Application of Internet of Things (IoT)
The medical industry has seen a significant expansion in the application of Internet of Things (IoT) technology due to its widespread adoption. For the sake of patient outcomes and hospital efficiency, vital medical equipment like CT scanners, ventilators, monitors, infusion pumps, MRI machines, DR systems, and frequency X-ray machines must operate flawlessly and continuously. These devices' performance and dependability may be impacted over time by environmental variables, component wear, and power supply problems. Equipment malfunctions seriously jeopardise patient safety in addition to damaging the hospital's efficiency and reputation. The Internet of Things' integration into medical devices marks a paradigm shift in the ever-changing healthcare industry. This development transforms diagnosis, treatment, and overall patient care by enabling data-driven insights and real-time monitoring.
What Questions Should You Ask before Buying a Market Research Report?
- How is the internet of medical things (IoMT) market evolving?
- What is driving and restraining the internet of medical things (IoMT) market?
- How will each internet of medical things (IoMT) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each internet of medical things (IoMT) submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading internet of medical things (IoMT) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the internet of medical things (IoMT) projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of
- internet of medical things (IoMT) projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the internet of medical things (IoMT) market?
- Where is the internet of medical things (IoMT) market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the internet of medical things (IoMT) market today, and over the next 10 years:
- Our 283-page report provides 103 tables and 150 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them - NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
- Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, and restraints), Porter's Five Forces Analysis, PEST Analysis and recent developments.
Segments Covered in the Report
- Application
- Telemedicine
- Clinical Operations & Workflow Management
- Connected Imaging
- Medication Management
- Inpatient Monitoring
- Others
- Component
- Hardware
- Software
- Services
- End-users
- Homecare
- Clinics
- Hospitals
- Research Institutes & Academics
- Others
- Deployment
- On-premises
- Cloud
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- GCC
- South Africa
- Rest of MEA
The report also includes profiles for some of the leading companies in the Internet of Medical Things (IoMT) Market, 2024 to 2034, with a focus on this segment of these companies' operations.
- Leading companies and the potential for market growth
- Baxter (Hill-Rom Services, Inc.)
- Bio Techne Corp
- Biotronik
- Boston Scientific Corporation
- Cisco Systems, Inc.
- GE Healthcare
- IBM Corporation
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- Medtronic
- Siemens
Overall world revenue for Internet of Medical Things (IoMT) Market, 2024 to 2034 in terms of value the market will surpass US$170 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
- How will the Internet of Medical Things (IoMT) Market, 2024 to 2034 report help you?
- In summary, our 280+ page report provides you with the following knowledge:
- Revenue forecasts to 2034 for Internet of Medical Things (IoMT) Market 2024 to 2034, with forecasts for application, component, deployment and end-users each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for five regional and 20 key national markets - See forecasts for the Internet of Medical Things (IoMT) Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 11 of the major companies involved in the Internet of Medical Things (IoMT) Market, 2024 to 2034.
- Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
- Information found nowhere else
- With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Internet of Medical Things (IoMT) Market 2024 to 2034, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Internet of Medical Things (IoMT) Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report Include:
- 1.6 Who is This Report For?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Impact Analysis
- 3.3 Market Driving Factors
- 3.3.1 Increased Adoption of Remote Monitoring
- 3.3.2 Aging Population
- 3.3.3 Advancements in Wearable Devices
- 3.3.4 Growth in Telemedicine Adoption
- 3.3.5 Rising Healthcare Expenditure
- 3.3.6 Government Initiatives for Digital Health
- 3.3.7 Integration of AI and Big Data Analytics in IoMT
4 Internet of Medical Things (IoMT) Market Analysis by End-users
- 4.1 Key Findings
- 4.2 End-users Segment: Market Attractiveness Index
- 4.3 Internet of Medical Things (IoMT) Market Size Estimation and Forecast by End-users
- 4.4 Homecare
- 4.4.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 Clinics
- 4.5.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
- 4.6 Hospitals
- 4.6.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 4.6.2 Market Share by Region, 2024 & 2034 (%)
- 4.7 Research Institutes & Academics
- 4.7.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 4.7.2 Market Share by Region, 2024 & 2034 (%)
- 4.8 Others
- 4.8.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 4.8.2 Market Share by Region, 2024 & 2034 (%)
5 Internet of Medical Things (IoMT) Market Analysis by Deployment
- 5.1 Key Findings
- 5.2 Deployment Segment: Market Attractiveness Index
- 5.3 Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Deployment
- 5.4 On-premises
- 5.4.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Cloud
- 5.5.1 Market Forecast by Region, 2024-2034 (US$ Million, AGR %)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
6 Internet of Medical Things (IoMT) Market Analysis by Region
- 6.1 Key Findings
- 6.2 Regional Market Size Estimation and Forecast
7 North America Internet of Medical Things (IoMT) Market Analysis
- 7.1 Key Findings
- 7.2 North America Internet of Medical Things (IoMT) Market Attractiveness Index
- 7.3 North America Internet of Medical Things (IoMT) Market by Country, 2024, 2029 & 2034 (US$ Million)
- 7.4 North America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Country
- 7.5 North America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Application
- 7.6 North America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Component
- 7.7 North America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by End-users
- 7.8 North America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Deployment
- 7.9 U.S. Internet of Medical Things (IoMT) Market Analysis
- 7.10 Canada Internet of Medical Things (IoMT) Market Analysis
8 Europe Internet of Medical Things (IoMT) Market Analysis
- 8.1 Key Findings
- 8.2 Europe Internet of Medical Things (IoMT) Market Attractiveness Index
- 8.3 Europe Internet of Medical Things (IoMT) Market by Country, 2024, 2029 & 2034 (US$ Million)
- 8.4 Europe Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Country
- 8.5 Europe Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Application
- 8.6 Europe Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Component
- 8.7 Europe Internet of Medical Things (IoMT) Market Size Estimation and Forecast by End-users
- 8.8 Europe Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Deployment
- 8.9 Germany Internet of Medical Things (IoMT) Market Analysis
- 8.10 UK Internet of Medical Things (IoMT) Market Analysis
- 8.11 France Internet of Medical Things (IoMT) Market Analysis
- 8.12 Italy Internet of Medical Things (IoMT) Market Analysis
- 8.13 Spain Internet of Medical Things (IoMT) Market Analysis
- 8.14 Russia Internet of Medical Things (IoMT) Market Analysis
- 8.15 Rest of Europe Internet of Medical Things (IoMT) Market Analysis
9 Asia Pacific Internet of Medical Things (IoMT) Market Analysis
- 9.1 Key Findings
- 9.2 Asia Pacific Internet of Medical Things (IoMT) Market Attractiveness Index
- 9.3 Asia Pacific Internet of Medical Things (IoMT) Market by Country, 2024, 2029 & 2034 (US$ Million)
- 9.4 Asia Pacific Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Country
- 9.5 Asia Pacific Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Application
- 9.6 Asia Pacific Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Component
- 9.7 Asia Pacific Internet of Medical Things (IoMT) Market Size Estimation and Forecast by End-users
- 9.8 Asia Pacific Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Deployment
- 9.9 Japan Internet of Medical Things (IoMT) Market Analysis
- 9.10 China Internet of Medical Things (IoMT) Market Analysis
- 9.11 India Internet of Medical Things (IoMT) Market Analysis
- 9.12 Australia Internet of Medical Things (IoMT) Market Analysis
- 9.13 South Korea Internet of Medical Things (IoMT) Market Analysis
- 9.14 Rest of Asia Pacific Internet of Medical Things (IoMT) Market Analysis
10 Latin America Internet of Medical Things (IoMT) Market Analysis
- 10.1 Key Findings
- 10.2 Latin America Internet of Medical Things (IoMT) Market Attractiveness Index
- 10.3 Latin America Internet of Medical Things (IoMT) Market by Country, 2024, 2029 & 2034 (US$ Million)
- 10.4 Latin America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Country
- 10.5 Latin America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Application
- 10.6 Latin America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Component
- 10.7 Latin America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by End-users
- 10.8 Latin America Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Deployment
- 10.9 Brazil Internet of Medical Things (IoMT) Market Analysis
- 10.10 Mexico Internet of Medical Things (IoMT) Market Analysis
- 10.11 Argentina Internet of Medical Things (IoMT) Market Analysis
- 10.12 Colombia Internet of Medical Things (IoMT) Market Analysis
- 10.13 Rest of Latin America Internet of Medical Things (IoMT) Market Analysis
11 MEA Internet of Medical Things (IoMT) Market Analysis
- 11.1 Key Findings
- 11.2 MEA Internet of Medical Things (IoMT) Market Attractiveness Index
- 11.3 MEA Internet of Medical Things (IoMT) Market by Country, 2024, 2029 & 2034 (US$ Million)
- 11.4 MEA Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Country
- 11.5 MEA Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Application
- 11.6 MEA Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Component
- 11.7 MEA Internet of Medical Things (IoMT) Market Size Estimation and Forecast by End-users
- 11.8 MEA Internet of Medical Things (IoMT) Market Size Estimation and Forecast by Deployment
- 11.9 GCC Internet of Medical Things (IoMT) Market Analysis
- 11.10 South Africa Internet of Medical Things (IoMT) Market Analysis
- 11.11 Rest of MEA Internet of Medical Things (IoMT) Market Analysis
12 Company Profiles
- 12.1 Baxter (Hill-Rom Services, Inc.)
- 12.1.1 Company Snapshot
- 12.1.2 Company Overview
- 12.1.3 Company Financials
- 12.1.3.1 Revenue, 2021-2023 (US$ Million)
- 12.1.3.2 R&D, 2021-2023 (US$ Million)
- 12.1.3.3 Regional Shares, 2023 (%)
- 12.1.3.4 Business Segment Market Shares, 2023 (%)
- 12.1.4 Product Benchmarking
- 12.1.5 Strategic Outlook
- 12.2 Bio Techne Corp
- 12.2.1 Company Snapshot
- 12.2.2 Company Overview
- 12.2.3 Company Financials
- 12.2.3.1 Revenue, 2021-2023 (US$ Million)
- 12.2.3.2 R&D, 2021-2023 (US$ Million)
- 12.2.3.3 Regional Shares, 2023 (%)
- 12.2.3.4 Business Segment Market Shares, 2023 (%)
- 12.2.4 Product Benchmarking
- 12.2.5 Strategic Outlook
- 12.3 Biotronik
- 12.3.1 Company Snapshot
- 12.3.2 Company Overview
- 12.3.3 Company Financials
- 12.3.3.1 Revenue, 2021-2023 (US$ Million)
- 12.3.3.2 R&D, 2021-2023 (US$ Million)
- 12.3.3.3 Regional Shares, 2023 (%)
- 12.3.3.4 Business Segment Market Shares, 2023 (%)
- 12.3.4 Product Benchmarking
- 12.3.5 Strategic Outlook
- 12.4 Boston Scientific Corporation
- 12.4.1 Company Snapshot
- 12.4.2 Company Overview
- 12.4.3 Company Financials
- 12.4.3.1 Revenue, 2021-2023 (US$ Million)
- 12.4.3.2 R&D, 2021-2023 (US$ Million)
- 12.4.3.3 Regional Shares, 2023 (%)
- 12.4.3.4 Business Segment Market Shares, 2023 (%)
- 12.4.4 Product Benchmarking
- 12.4.5 Strategic Outlook
- 12.5 Cisco Systems, Inc.
- 12.5.1 Company Snapshot
- 12.5.2 Company Overview
- 12.5.3 Company Financials
- 12.5.3.1 Revenue, 2021-2023 (US$ Million)
- 12.5.3.2 R&D, 2021-2023 (US$ Million)
- 12.5.3.3 Regional Shares, 2023 (%)
- 12.5.3.4 Business Segment Market Shares, 2023 (%)
- 12.5.4 Product Benchmarking
- 12.5.5 Strategic Outlook
- 12.6 GE Healthcare
- 12.6.1 Company Snapshot
- 12.6.2 Company Overview
- 12.6.3 Company Financials
- 12.6.3.1 Revenue, 2021-2023 (US$ Million)
- 12.6.3.2 R&D, 2021-2023 (US$ Million)
- 12.6.3.3 Regional Shares, 2023 (%)
- 12.6.3.4 Business Segment Market Shares, 2023 (%)
- 12.6.4 Product Benchmarking
- 12.6.5 Strategic Outlook
- 12.7 IBM Corporation
- 12.7.1 Company Snapshot
- 12.7.2 Company Overview
- 12.7.3 Company Financials
- 12.7.3.1 Revenue, 2021-2023 (US$ Million)
- 12.7.3.2 R&D, 2021-2023 (US$ Million)
- 12.7.3.3 Regional Shares, 2023 (%)
- 12.7.3.4 Business Segment Market Shares, 2023 (%)
- 12.7.4 Product Benchmarking
- 12.7.5 Strategic Outlook
- 12.8 Johnson & Johnson Services, Inc.
- 12.8.1 Company Snapshot
- 12.8.2 Company Overview
- 12.8.3 Company Financials
- 12.8.3.1 Revenue, 2021-2023 (US$ Million)
- 12.8.3.2 R&D, 2021-2023 (US$ Million)
- 12.8.3.3 Regional Shares, 2023 (%)
- 12.8.3.4 Business Segment Market Shares, 2023 (%)
- 12.8.4 Product Benchmarking
- 12.8.5 Strategic Outlook
- 12.9 Koninklijke Philips N.V.
- 12.9.1 Company Snapshot
- 12.9.2 Company Overview
- 12.9.3 Company Financials
- 12.9.3.1 Revenue, 2021-2023 (US$ Million)
- 12.9.3.2 R&D, 2021-2023 (US$ Million)
- 12.9.3.3 Regional Shares, 2023 (%)
- 12.9.3.4 Business Segment Market Shares, 2023 (%)
- 12.9.4 Product Benchmarking
- 12.9.5 Strategic Outlook
- 12.10 Medtronic
- 12.10.1 Company Snapshot
- 12.10.2 Company Overview
- 12.10.3 Company Financials
- 12.10.3.1 Revenue, 2021-2023 (US$ Million)
- 12.10.3.2 R&D, 2021-2023 (US$ Million)
- 12.10.3.3 Regional Shares, 2023 (%)
- 12.10.3.4 Business Segment Market Shares, 2023 (%)
- 12.10.4 Product Benchmarking
- 12.10.5 Strategic Outlook
- 12.11 Siemens
- 12.11.1 Company Snapshot
- 12.11.2 Company Overview
- 12.11.3 Company Financials
- 12.11.3.1 Revenue, 2021-2023 (US$ Million)
- 12.11.3.2 R&D, 2021-2023 (US$ Million)
- 12.11.3.3 Regional Shares, 2023 (%)
- 12.11.3.4 Business Segment Market Shares, 2023 (%)
- 12.11.4 Product Benchmarking
- 12.11.5 Strategic Outlook
13 Conclusion and Recommendations
- 13.1 Concluding Remarks from Visiongain
- 13.2 Recommendations for Market Players