Europe Internet of Medical Things Market to 2032

Overview

The Europe Internet of Medical Things Market is expected to reach a 111.19 USD Billion by 2032 and is projected to grow at a CAGR of 37.00% from 2025 to 2032.

Revenue, 2024 (USD Billion)
17.26
Forecast, 2032 (USD Billion)
111.19
CAGR, 2024 - 2032
37.00%
Report Coverage
Europe

Europe Internet of Medical Things Market 2018-2032 USD Billion

Europe Internet of Medical Things Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 17.26 USD Billion
  • Projected Market Size (2032): 111.19 USD Billion
  • CAGR (2025-2032): 37.00%

Key Findings of Europe Internet of Medical Things Market

  • The Europe Internet of Medical Things Market was valued at 17.26 USD Billion in 2024.
  • The Europe Internet of Medical Things Market is likely to grow at a CAGR of 37.00% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Wired in Connectivity Devices Segment accounted for the largest share of the market with a revenue of 11.16 USD Billion
  • The fastest growing segment Research Institutes & Academics in End User Segment grew Fastest with a CAGR of 40.34% during the forecast period from 2024 to 2032.

Europe Internet of Medical Things Market Scope

Europe Internet of Medical Things Market Segmentation & Scope
Connectivity Devices
  • Wireless
  • Wireless
  • Wired
  • Wired
Mode of Service Delivery
  • Cloud
  • Cloud
  • On Premise
  • On Premise
End User
  • Others
  • Others
  • Homecare
  • Homecare
  • Research Institutes & Academics
  • Research Institutes & Academics
  • Clinics
  • Clinics
  • Hospitals
  • Hospitals
Application
  • Other
  • Other
  • Community
  • Community
  • Home-Use Medical Devices
  • Home-Use Medical Devices
  • Healthcare Providers
  • Healthcare Providers
  • On-Body Devices
  • On-Body Devices
Platform
  • Network Management
  • Network Management
  • Cloud Management
  • Cloud Management
  • Application Management
  • Application Management
  • Device Management
  • Device Management
Component
  • Services
  • Services
  • Software
  • Software
  • Hardware
  • Hardware

Europe Internet of Medical Things Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 17.26 USD Billion
Market Value in 2032 111.19 USD Billion
CAGR (2025-2032) 37.00%
Historic Data 2016-2023
Market Segments Covered Connectivity Devices,Mode of Service Delivery,End User,Application,Platform,Component

Regional Insights:

  • Leading Market (2024-2032): Europe, leading in terms of revenue 17.26 USD Billion in 2024
    • Key Country: Germany, leading in terms of revenue with value of 7,964.68 USD Million in 2024.

Segments and Scope

  • Europe Internet of Medical Things Market to 2032, By Connectivity Devices
    • Wired is the largest segment in Europe Internet of Medical Things Market to 2032 with a revenue of 11.16 USD Billion in the year 2024.
    • Wireless is the Fastest growing segment in Europe Internet of Medical Things Market to 2032 with a Growth rate of 36.07 % in forecast period 2025-2032.
  • Europe Internet of Medical Things Market to 2032, By Mode of Service Delivery
    • On Premise is the largest segment in Europe Internet of Medical Things Market to 2032 with a revenue of 10.19 USD Billion in the year 2024.
    • Cloud is the Fastest growing segment in Europe Internet of Medical Things Market to 2032 with a Growth rate of 36.02 % in forecast period 2025-2032.
  • Europe Internet of Medical Things Market to 2032, By End User
    • Hospitals is the largest segment in Europe Internet of Medical Things Market to 2032 with a revenue of 9.18 USD Billion in the year 2024.
    • Research Institutes & Academics is the Fastest growing segment in Europe Internet of Medical Things Market to 2032 with a Growth rate of 37.48 % in forecast period 2025-2032.
  • Europe Internet of Medical Things Market to 2032, By Application
    • On-Body Devices is the largest segment in Europe Internet of Medical Things Market to 2032 with a revenue of 5.93 USD Billion in the year 2024.
    • On-Body Devices is the Fastest growing segment in Europe Internet of Medical Things Market to 2032 with a Growth rate of 39.45 % in forecast period 2025-2032.
  • Europe Internet of Medical Things Market to 2032, By Platform
    • Device Management is the largest segment in Europe Internet of Medical Things Market to 2032 with a revenue of 5.90 USD Billion in the year 2024.
    • Cloud Management is the Fastest growing segment in Europe Internet of Medical Things Market to 2032 with a Growth rate of 34.98 % in forecast period 2025-2032.
  • Europe Internet of Medical Things Market to 2032, By Component
    • Hardware is the largest segment in Europe Internet of Medical Things Market to 2032 with a revenue of 7.51 USD Billion in the year 2024.
    • Software is the Fastest growing segment in Europe Internet of Medical Things Market to 2032 with a Growth rate of 34.91 % in forecast period 2025-2032.

Europe Internet of Medical Things Market Company Share Analysis

 
Company Name Company Share Analysis
Medtronic
Koninklijke Philips N.V.
Lenovo
Boston Scientific Corporation or its affiliates
Honeywell International Inc.
Europe Internet of Medical Things Market Company Share Analysis

Europe Internet of Medical Things Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Internet of Medical Things Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Internet of Medical Things Market Company Profiling

Europe Internet of Medical Things Market Company Profiling
Frequently Asked Questions
The Europe Internet of Medical Things Market is segmented based on Segmentation Connectivity Devices,Mode of Service Delivery,End User,Application,Platform,Component.
Europe Internet of Medical Things Market was valued at USD 17.26(Revenue in USD Billion) in 2020.
Europe Internet of Medical Things Market is projected to grow at a CAGR of 37.00% during the forecast period of 2024 to 2032.
The Wired segment is expected to dominate the Europe Internet of Medical Things Market, holding a largest market share of 11.16 USD Billion in 2024

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Europe Internet of Medical Things Market Scope

Europe Internet of Medical Things Market Segmentation & Scope
Connectivity Devices
  • Wireless
  • Wireless
  • Wired
  • Wired
Mode of Service Delivery
  • Cloud
  • Cloud
  • On Premise
  • On Premise
End User
  • Others
  • Others
  • Homecare
  • Homecare
  • Research Institutes & Academics
  • Research Institutes & Academics
  • Clinics
  • Clinics
  • Hospitals
  • Hospitals
Application
  • Other
  • Other
  • Community
  • Community
  • Home-Use Medical Devices
  • Home-Use Medical Devices
  • Healthcare Providers
  • Healthcare Providers
  • On-Body Devices
  • On-Body Devices
Platform
  • Network Management
  • Network Management
  • Cloud Management
  • Cloud Management
  • Application Management
  • Application Management
  • Device Management
  • Device Management
Component
  • Services
  • Services
  • Software
  • Software
  • Hardware
  • Hardware
Frequently Asked Questions
The Europe Internet of Medical Things Market is segmented based on Segmentation Connectivity Devices,Mode of Service Delivery,End User,Application,Platform,Component.
Europe Internet of Medical Things Market was valued at USD 17.26(Revenue in USD Billion) in 2020.
Europe Internet of Medical Things Market is projected to grow at a CAGR of 37.00% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Internet of Medical Things Market for final year is USD 111.19 (USD Billion).

Europe Internet of Medical Things Market Company Profiling

Europe Internet of Medical Things Market Company Profiling
Frequently Asked Questions
The Europe Internet of Medical Things Market is segmented based on Segmentation Connectivity Devices,Mode of Service Delivery,End User,Application,Platform,Component.
Europe Internet of Medical Things Market was valued at USD 17.26(Revenue in USD Billion) in 2020.
Europe Internet of Medical Things Market is projected to grow at a CAGR of 37.00% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Internet of Medical Things Market for final year is USD 111.19 (USD Billion).

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