Published : 16 Apr 2025
The internet of medical things (IoMT) refers to a growing network of medical devices, sensors, software applications, and healthcare systems that are interconnected through the internet to collect, analyze, and transmit health data. These technologies are shaping a new era of patient care where remote monitoring, real-time diagnostics, and personalized treatment are becoming more feasible and scalable. The integration of IoT with healthcare is proving to be a transformative force, enabling healthcare professionals to provide proactive and responsive care, enhance patient outcomes, and optimize hospital operations.
IoMT encompasses a broad array of devices, including wearable fitness monitors, implantable devices like pacemakers, stationary systems for inpatient care, and even ingestible sensors that track internal body functions. These tools generate vast amounts of data that, when processed through analytics platforms, can provide actionable insights to clinicians. This level of interconnectivity facilitates a move from traditional episodic care toward continuous and preventive health monitoring.
One of the most significant contributors to IoMT market expansion is the rising burden of chronic diseases globally. As more individuals are diagnosed with conditions such as diabetes, cardiovascular diseases, and respiratory ailments, the need for continuous patient monitoring has become more pressing. IoMT technologies enable seamless health tracking from the comfort of patients' homes, reducing hospital readmissions and improving long-term outcomes.
Another major driver is the growing aging population. Elderly individuals are more likely to require regular medical attention and remote monitoring. IoMT systems, with their user-friendly interfaces and wearable devices, allow older adults to remain independent while ensuring their vitals are monitored regularly by medical professionals.
In addition, increasing penetration of smartphones and mobile applications has contributed significantly to the proliferation of connected health devices. Modern mobile platforms are increasingly used as data dashboards for patients and caregivers, integrating real-time data from various IoMT devices and offering quick communication with physicians.
Moreover, government initiatives and healthcare reforms aimed at digital transformation of healthcare systems are boosting demand for smart medical devices. Several countries are pushing investments in healthcare IT infrastructure to improve care quality and reduce operational costs, accelerating the deployment of IoMT technologies in both public and private hospitals.
Several trends are shaping the future direction of the IoMT market. Edge computing, for instance, is gaining traction as a solution to reduce data transmission latency. With data being processed closer to the point of collection, healthcare professionals can access critical information faster, leading to quicker decision-making.
Another prominent trend is the integration of artificial intelligence (AI) and machine learning (ML). By embedding AI capabilities into IoMT platforms, healthcare providers can benefit from predictive analytics, anomaly detection, and intelligent recommendations. These technologies are being increasingly adopted in areas such as early disease diagnosis, medication adherence, and intensive care unit (ICU) monitoring.
5G connectivity is also expected to play a crucial role in enabling high-speed, low-latency communication among IoMT devices. This technology will be particularly beneficial in supporting data-heavy applications such as remote surgeries, high-resolution imaging, and mobile diagnostics.
Further, consumerization of healthcare is altering the dynamics of the IoMT market. Patients are more informed and engaged than ever before, leading to a higher demand for wearable devices and mobile health apps that allow them to track, manage, and share their health metrics actively.
The worldwide internet of medical things (IoMT) market is divided into 5 segments: component, deployment model, application, and regional markets
The North American internet of medical things market remains the most mature, with the United States accounting for the lion’s share of revenue. The region benefits from modern healthcare infrastructure, favorable government regulations, widespread use of smart devices, and the presence of large technology and healthcare enterprises. Europe is also seeing strong uptake, driven by tight regulatory standards, aging demographics, and a growing emphasis on remote care and eHealth efforts. Countries such as Germany, the United Kingdom, and France are in the forefront of IoMT integration into public health systems.
However, Asia-Pacific is expected to develop at the quickest rate during the forecast period. Rising healthcare investments, fast urbanization, an increasing chronic disease burden, and digital health policy reforms in nations such as China, India, Japan, and South Korea are pushing IoMT adoption in the area.
Internet of Medical Things (IoMT) companies profiled in the report include BIOTRONIK SE & Co. KG, Lenovo Group Ltd., Honeywell International Inc., Cisco Systems, Inc., Johnson & Johnson Services, Inc., Medtronic plc, GE HealthCare Technologies Inc., Apple Inc., IBM Corporation, Koninklijke Philips N.V., and Boston Scientific Corporation.
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Parameter |
Details |
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Size in 2024 |
USD 207.6 Billion |
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Forecast by 2033 |
USD 1,246.8 Billion |
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CAGR During 2025 - 2033 |
22.3% |
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Largest Component Segment (% Share 2024) |
Hardware – 43% |
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Largest Region Size (2024) |
North America - USD 76.8 billion |
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Fastest Growing Region (% CAGR) |
Asia-Pacific – 24.1% |
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Key Players Covered |
BIOTRONIK SE & Co. KG, Lenovo Group Ltd., Honeywell International Inc., Cisco Systems, Inc., Johnson & Johnson Services, Inc., Medtronic plc, GE HealthCare Technologies Inc., Apple Inc., IBM Corporation, Koninklijke Philips N.V., and Boston Scientific Corporation. |
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Mr. Richard Johnson
Acumen Research and Consulting
India: +91 8983225533