Internet of Medical Things

Internet of Medical Things Market by Product Type (Home-Use Medical Devices Point-Of-Care Kits, Smart Wearable Devices), Medical Devices (Implanted, Stationary, Wearable External), Component, Application, End User - Global Forecast 2024-2030

SKU
MRR-8903005C49F7
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 825.13 million
2030
USD 4,584.76 million
2024
USD 1,053.42 million
CAGR
27.76%
360iResearch Analyst
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[181 Pages Report] The Internet of Medical Things Market size was estimated at USD 825.13 million in 2023 and expected to reach USD 1,053.42 million in 2024, at a CAGR 27.76% to reach USD 4,584.76 million by 2030.

Internet of Medical Things Market
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The Internet of Medical Things (IoMT) refers to a connected infrastructure of medical devices, software applications, health systems, and services. This ecosystem leverages the Internet to facilitate the efficient, accurate, timely collection, analysis, and transmission of medical data and insights. Such connectivity enhances patient care, enables remote monitoring, improves operational efficiencies, and increases the overall quality of healthcare services. The primary drivers of IoMT include the prevalence of chronic diseases, the need for cost-efficient healthcare solutions, advancements in technologies, such as the cloud and analytics, and the growing demand for personalized medicine. These factors push healthcare providers to adopt IoMT solutions to enhance patient care and operational efficiencies. Nevertheless, IoMT faces several challenges. Key among them are concerns related to data security and privacy, given the sensitive nature of health information. Additionally, the interoperability between different devices and systems and the need for regulatory compliance across various jurisdictions pose significant hurdles to the widespread adoption of IoMT. The IoMT sector presents numerous opportunities, including the potential for preventive healthcare through real-time monitoring, personalized patient care, and reduced healthcare costs. Moreover, integrating AI and ML technologies opens new avenues for predictive analytics in healthcare, offering possibilities for early detection and intervention of diseases, thus revolutionizing the healthcare industry.
Internet of Medical Things Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Internet of Medical Things Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Internet of Medical Things Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Internet of Medical Things Market, highlighting leading vendors and their innovative profiles. These include Agamatrix, Armis, Boston Scientific Corporation, Cisco Systems, Inc., Comarch SA, GE Healthcare, HQSoftware, International Business Machines Corporation, Koninklijke Philips N.V., Medtronic PLC, Microsoft Corporation, OSP Labs, Robert Bosch GmbH, SAP SE, and Wipro Ltd..

Market Segmentation & Coverage

This research report categorizes the Internet of Medical Things Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product Type
    • Home-Use Medical Devices Point-Of-Care Kits
    • Smart Wearable Devices
  • Medical Devices
    • Implanted
    • Stationary
    • Wearable External
  • Component
    • Connected Technology
    • Medical Devices
    • Services
    • System & Software
  • Application
    • Clinical Operations & Workflow Management
    • Connected Imaging
    • Inpatient Monitoring
    • Medication Management
    • Telemedicine
  • End User
    • Clinical Research Organizations
    • Homecare
    • Hospitals, Surgical Centers & Clinics

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Internet of Medical Things Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Internet of Medical Things Market?
  3. What are the technology trends and regulatory frameworks in the Internet of Medical Things Market?
  4. What is the market share of the leading vendors in the Internet of Medical Things Market?
  5. Which modes and strategic moves are suitable for entering the Internet of Medical Things Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Internet of Medical Things Market, by Product Type
  7. Internet of Medical Things Market, by Medical Devices
  8. Internet of Medical Things Market, by Component
  9. Internet of Medical Things Market, by Application
  10. Internet of Medical Things Market, by End User
  11. Americas Internet of Medical Things Market
  12. Asia-Pacific Internet of Medical Things Market
  13. Europe, Middle East & Africa Internet of Medical Things Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 470]
  18. List of Companies Mentioned [Total: 15]
Frequently Asked Questions
  1. How big is the Internet of Medical Things Market?
    Ans. The Global Internet of Medical Things Market size was estimated at USD 825.13 million in 2023 and expected to reach USD 1,053.42 million in 2024.
  2. What is the Internet of Medical Things Market growth?
    Ans. The Global Internet of Medical Things Market to grow USD 4,584.76 million by 2030, at a CAGR of 27.76%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
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