Global Internet Of Things In Healthcare Market Size & Outlook

The internet of things in healthcare industry worldwide is expected to reach a projected revenue of US$ 169,987.8 million by 2030. A compound annual growth rate of 21.2% is expected of the worldwide internet of things in healthcare industry from 2024 to 2030.

Revenue, 2023 (US$M)
$44,214.2
Forecast, 2030 (US$M)
$169,987.8
CAGR, 2024 - 2030
21.2%
Report Coverage
Worldwide

Global internet of things in healthcare market, 2018-2030 (US$M)

Related Markets

Global internet of things in healthcare market highlights

  • The global internet of things in healthcare market generated a revenue of USD 44,214.2 million in 2023 and is expected to reach USD 169,987.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 21.2% by 2030.
  • In terms of segment, services accounted for a revenue of USD 16,568.9 million in 2023.
  • Software and Systems 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 2023USD 44,214.2 million
Market revenue in 2030USD 169,987.8 million
Growth rate21.2% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSoftware and Systems
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedical Devices, Software and Systems, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 34.5% of the global internet of things in healthcare 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 45,125.4 million by 2030.

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Internet Of Things In Healthcare Market Scope

Internet of things in healthcare market segmentation & scope
Wearable External Device
Implanted Medical Devices
Stationary Medical Devices
Remote device management
Network Bandwidth Management
Data analytics
Application security
Network Security
System Integration
Consulting, Training and education
Support and maintenance
Wi-Fi
Bluetooth Low Energy
ZigBee
RFID
Cellular
LPWAN
Clinical Research Organization(CRO)
Hospitals and clinics
Research and Diagnostic Laboratories
Others
Telemedicine
Medication Management
Clinical Operations
Patient Monitoring
Connected Imaging
Others

Internet Of Things In Healthcare Market Companies

Name Profile # Employees HQ Website

Global internet of things in healthcare 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 things in healthcare market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 37.47% in 2023. Horizon Databook has segmented the Global internet of things in healthcare market based on medical devices, software and systems, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Internet Of Things In Healthcare Component Outlook (Revenue, USD Million, 2018-2030)
    • Medical Devices
      • Wearable External Device
      • Implanted Medical Devices
      • Stationary Medical Devices
    • Software and Systems
      • Remote device management
      • Network Bandwidth Management
      • Data analytics
      • Application security
      • Network Security
    • Services
      • System Integration
      • Consulting, Training and education
      • Support and maintenance
  • Global Internet Of Things In Healthcare Connectivity Technology Outlook (Revenue, USD Million, 2018-2030)
    • Wi-Fi
    • Bluetooth Low Energy
    • ZigBee
    • RFID
    • Cellular
    • LPWAN
  • Global Internet Of Things In Healthcare End Use Outlook (Revenue, USD Million, 2018-2030)
    • Clinical Research Organization(CRO)
    • Hospitals and clinics
    • Research and Diagnostic Laboratories
    • Others
  • Global Internet Of Things In Healthcare Application Outlook (Revenue, USD Million, 2018-2030)
    • Telemedicine
    • Medication Management
    • Clinical Operations
    • Patient Monitoring
    • Connected Imaging
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global internet of things in healthcare market , including forecasts for subscribers. This global databook contains high-level insights into Global internet of things in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global internet of things in healthcare market size, by regions, 2018-2030 (US$M)

Top 10 countries: Internet of things in healthcare market size, 2023 (US$M)

Global internet of things in healthcare market share, by component, 2023 & 2030 (%, US$M)

Internet Of Things In Healthcare Market: Opportunity Assessment By Country

Global internet of things in healthcare market, by region, 2023 (US$M)

Global internet of things in healthcare market size, by regions, 2018-2030 (US$M)

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