Global Internet Of Medical Things (iomt) Market Size & Outlook
Global internet of medical things (iomt) market, 2018-2030 (US$M)
Related Markets
Global internet of medical things (iomt) market highlights
- The global internet of medical things (iomt) market generated a revenue of USD 182.0 billion in 2023 and is expected to reach USD 668.1 billion by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.4% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 83.4 billion in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 182.0 billion |
| Market revenue in 2030 | USD 668.1 billion |
| Growth rate | 20.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 36.1% of the global internet of medical things (iomt) market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 166.5 billion by 2030.
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Internet of Medical Things (IoMT) Market Scope
Internet of Medical Things (IoMT) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NeuroMetrix Inc | View profile | 26 | 4B Gill Street, Woburn, MA, United States, 01801 | https://www.neurometrix.com |
| Lenovo Group Ltd | View profile | 71090 | 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong | https://www.lenovo.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Global internet of medical things (iomt) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to internet of medical things (iomt) market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 45.82% in 2023. Horizon Databook has segmented the Global internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Internet of Medical Things (IoMT) Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Wearable Devices
- Stationary Devices
- Implantable Devices
- Others
- Software
- Device Management
- Application Management
- Cloud Management
- Data Analytics
- Others
- Services
- Integration & Deployment
- Consulting
- Support & Maintenance
- Hardware
- Global Internet of Medical Things (IoMT) Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud
- Global Internet of Medical Things (IoMT) Application Outlook (Revenue, USD Million, 2018-2030)
- Telemedicine
- Clinical Operations & Workflow Management
- Connected Imaging
- Medication Management
- Inpatient Monitoring
- Others
- Global Internet of Medical Things (IoMT) End Use Outlook (Revenue, USD Million, 2018-2030)
- Homecare
- Clinics
- Hospitals
- Research Institutes & Academics
- Others
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Target buyers of Global internet of medical things (iomt) market databook
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Our clientele includes a mix of internet of medical things (iomt) market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global internet of medical things (iomt) market, including forecasts for subscribers. This global databook contains high-level insights into Global internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global internet of medical things iomt market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Internet of medical things iomt market report size, 2023 (US$M)
Global internet of medical things iomt market report share, by component, 2023 & 2030 (%, US$M)
Internet of medical things (iomt) market: Opportunity assessment by country
Global internet of medical things (iomt) market, by region, 2023 (US$M)
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