Global Internet of Medical Things (IoMT) Solutions Market Growth (Status and Outlook) 2024-2030

Global Internet of Medical Things (IoMT) Solutions Market Growth (Status and Outlook) 2024-2030

IoMT is a collection of medical devices and applications connected to healthcare IT systems through online computer networks. Medical devices equipped with Wi-Fi networks allow machine-to-machine communication which is the basis of IoMT technology. The IoMT devices link to cloud platforms such as Amazon Web Services or Microsoft’s Azure where the data is captured, stored, and subsequently analyzed. With several advantages like enhanced patient safety, reduced medical errors, seamless transfer of electronic health records (EHR), better disease management, remote monitoring of chronic diseases, and improved drug management, IoT medical devices have the potential to transform healthcare and improve patient outcomes while reducing costs and aiding healthcare providers in making informed care decisions with greater speed and ease.

The global Internet of Medical Things (IoMT) Solutions market size is projected to grow from US$ 8123 million in 2024 to US$ 29590 million in 2030; it is expected to grow at a CAGR of 24.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Internet of Medical Things (IoMT) Solutions Industry Forecast” looks at past sales and reviews total world Internet of Medical Things (IoMT) Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet of Medical Things (IoMT) Solutions sales for 2023 through 2029. With Internet of Medical Things (IoMT) Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet of Medical Things (IoMT) Solutions industry.

This Insight Report provides a comprehensive analysis of the global Internet of Medical Things (IoMT) Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Internet of Medical Things (IoMT) Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet of Medical Things (IoMT) Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet of Medical Things (IoMT) Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet of Medical Things (IoMT) Solutions.

The rising number of connected devices and the need for cost reduction in medicinal delivery are key factors driving the growth of the IoMT market. Moreover, the need for enhancing healthcare outcomes and the evolution of high-speed networking technologies such as low-power wide-area networks (LPWANs) and similar others are some of the promising areas of market advancement in IoMT devices.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet of Medical Things (IoMT) Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
Medical Devices
Systems and Software
Services

Segmentation by Application:
Telemedicine
Clinical Operations and Workflow Management
Connected Imaging
Inpatient Monitoring
Medication Management
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Medical Devices
Systems and Software
Services

Segmentation by Application:
Telemedicine
Clinical Operations and Workflow Management
Connected Imaging
Inpatient Monitoring
Medication Management
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Healthcare
Koninklijke Philips N.V.
Medtronic plc
Cisco Systems, Inc.
IBM Corporation
Siemens AG
Welch Allyn, Inc.
Boston Scientific Corporation
Johnson & Johnson Services, Inc.
Biotronik
Agamatrix
Sciencesoft
KORE Wireless
Telit
STANLEY Healthcare

Please note: The report will take approximately 2 business days to prepare and deliver.