Global Internet of Medical Things Market to 2032
Overview
The Global Internet of Medical Things Market is expected to reach a 422.61 USD Billion by 2032 and is projected to grow at a CAGR of 23.01% from 2025 to 2032.
Revenue, 2024 (USD Billion)
62.17
Forecast, 2032 (USD Billion)
422.61
CAGR, 2024 - 2032
23.01%
Report Coverage
Global
Global Internet of Medical Things Market 2018-2032 USD Billion
Global Internet of Medical Things Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 62.17 USD Billion
- Projected Market Size (2032): 422.61 USD Billion
- CAGR (2025-2032): 23.01%
Key Findings of Global Internet of Medical Things Market
- The Global Internet of Medical Things Market was valued at 422.61 USD Billion in 2024.
- The Global Internet of Medical Things Market is likely to grow at a CAGR of 23.01% 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 39.80 USD Billion
- The fastest growing segment Cloud Management in Platform Segment grew Fastest with a CAGR of 24.77% during the forecast period from 2024 to 2032.
Global Internet of Medical Things Market Scope
Global Internet of Medical Things Market Segmentation & Scope
Platform
- Network Management
- Network Management
- Cloud Management
- Cloud Management
- Application Management
- Application Management
- Device Management
- Device Management
Mode of Service Delivery
- Cloud
- Cloud
- On Premise
- On Premise
Application
- Other
- Other
- Community
- Community
- Home-Use Medical Devices
- Home-Use Medical Devices
- Healthcare Providers
- Healthcare Providers
- On-Body Devices
- On-Body Devices
Connectivity Devices
- Wireless
- Wireless
- Wired
- Wired
Component
- Services
- Services
- Software
- Software
- Hardware
- Hardware
End User
- Others
- Others
- Homecare
- Homecare
- Research Institutes & Academics
- Research Institutes & Academics
- Clinics
- Clinics
- Hospitals
- Hospitals
Global Internet of Medical Things Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 62.17 USD Billion |
| Market Value in 2032 | 422.61 USD Billion |
| CAGR (2025-2032) | 23.01% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Platform,Mode of Service Delivery,Application,Connectivity Devices,Component,End User |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 62.17 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 41,159.04 USD Million in 2024.
Segments and Scope
-
Global Internet of Medical Things Market to 2032, By Platform
- Device Management is the largest segment in Global Internet of Medical Things Market to 2032 with a revenue of 21.30 USD Billion in the year 2024.
- Cloud Management is the Fastest growing segment in Global Internet of Medical Things Market to 2032 with a Growth rate of 21.82 % in forecast period 2025-2032.
-
Global Internet of Medical Things Market to 2032, By Mode of Service Delivery
- On Premise is the largest segment in Global Internet of Medical Things Market to 2032 with a revenue of 36.56 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in Global Internet of Medical Things Market to 2032 with a Growth rate of 22.29 % in forecast period 2025-2032.
-
Global Internet of Medical Things Market to 2032, By Application
- On-Body Devices is the largest segment in Global Internet of Medical Things Market to 2032 with a revenue of 21.42 USD Billion in the year 2024.
- On-Body Devices is the Fastest growing segment in Global Internet of Medical Things Market to 2032 with a Growth rate of 24.34 % in forecast period 2025-2032.
-
Global Internet of Medical Things Market to 2032, By Connectivity Devices
- Wired is the largest segment in Global Internet of Medical Things Market to 2032 with a revenue of 39.80 USD Billion in the year 2024.
- Wireless is the Fastest growing segment in Global Internet of Medical Things Market to 2032 with a Growth rate of 22.38 % in forecast period 2025-2032.
-
Global Internet of Medical Things Market to 2032, By Component
- Hardware is the largest segment in Global Internet of Medical Things Market to 2032 with a revenue of 27.11 USD Billion in the year 2024.
- Software is the Fastest growing segment in Global Internet of Medical Things Market to 2032 with a Growth rate of 21.86 % in forecast period 2025-2032.
-
Global Internet of Medical Things Market to 2032, By End User
- Hospitals is the largest segment in Global Internet of Medical Things Market to 2032 with a revenue of 33.08 USD Billion in the year 2024.
- Research Institutes & Academics is the Fastest growing segment in Global Internet of Medical Things Market to 2032 with a Growth rate of 23.18 % in forecast period 2025-2032.
Global Internet of Medical Things Market Company Share Analysis
| Company Name |
|
||
| Medtronic | |||
| Koninklijke Philips N.V. | |||
| Lenovo | |||
| Boston Scientific Corporation or its affiliates | |||
| Honeywell International Inc. | |||
Global Internet of Medical Things Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Internet of Medical Things Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Internet of Medical Things Market is segmented based on Segmentation Platform,Mode of Service Delivery,Application,Connectivity Devices,Component,End User.
Global Internet of Medical Things Market was valued at USD 62.17(Revenue in USD Billion) in 2020.
Global Internet of Medical Things Market is projected to grow at a CAGR of 23.01% during the forecast period of 2024 to 2032.
The Wired segment is expected to dominate the Global Internet of Medical Things Market, holding a largest market share of 39.80 USD Billion in 2024
Coming Soon....
Global Internet of Medical Things Market Scope
Global Internet of Medical Things Market Segmentation & Scope
Platform
- Network Management
- Network Management
- Cloud Management
- Cloud Management
- Application Management
- Application Management
- Device Management
- Device Management
Mode of Service Delivery
- Cloud
- Cloud
- On Premise
- On Premise
Application
- Other
- Other
- Community
- Community
- Home-Use Medical Devices
- Home-Use Medical Devices
- Healthcare Providers
- Healthcare Providers
- On-Body Devices
- On-Body Devices
Connectivity Devices
- Wireless
- Wireless
- Wired
- Wired
Component
- Services
- Services
- Software
- Software
- Hardware
- Hardware
End User
- Others
- Others
- Homecare
- Homecare
- Research Institutes & Academics
- Research Institutes & Academics
- Clinics
- Clinics
- Hospitals
- Hospitals
Frequently Asked Questions
The Global Internet of Medical Things Market is segmented based on Segmentation Platform,Mode of Service Delivery,Application,Connectivity Devices,Component,End User.
Global Internet of Medical Things Market was valued at USD 62.17(Revenue in USD Billion) in 2020.
Global Internet of Medical Things Market is projected to grow at a CAGR of 23.01% during the forecast period of 2024 to 2032.
The estimated market value of the Global Internet of Medical Things Market for final year is USD 422.61 (USD Billion).
Global Internet of Medical Things Market Company Profiling
Frequently Asked Questions
The Global Internet of Medical Things Market is segmented based on Segmentation Platform,Mode of Service Delivery,Application,Connectivity Devices,Component,End User.
Global Internet of Medical Things Market was valued at USD 62.17(Revenue in USD Billion) in 2020.
Global Internet of Medical Things Market is projected to grow at a CAGR of 23.01% during the forecast period of 2024 to 2032.
The estimated market value of the Global Internet of Medical Things Market for final year is USD 422.61 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.