The Internet Of Medical Things (IoMT) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Internet Of Medical Things (IoMT) Market?
The global market size for the Internet of Medical Things (IoMT) has seen significant expansion recently. It is projected to increase from its $79.64 billion value in 2024 to a worth of $97.73 billion in 2025. This represents a compound annual growth rate (CAGR) of 22.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Internet Of Medical Things (IoMT) Industry?
The forecast for the global market of the Internet of Medical Things (IoMT) in 2029 predicts that the market size will hit $244.4 billion. Moreover, a compound annual growth rate (CAGR) of 25.8% is expected.
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What are the Key Growth Drivers Fueling the Internet Of Medical Things (IoMT) Market?
The key drivers in the internet of medical things (iomt) market are:
• Rollout of 5G networks
• Expansion of telemedicine services
• An increase in the prevalence of chronic diseases
• Rising popularity and adoption of wearable devices
Global Market Segmentation: Identifying Major Internet Of Medical Things (IoMT) Industry Segments
The internet of medical things (IoMT) market covered in this report is segmented –
1) By Device Type: Wearable Devices, Stationary Devices, Implantable Devices, Other Devices
2) By Application: Data Assortment And Analysis, Real-Time Monitoring, Remote Medical Assistance, Tracking And Alerts, Other Applications
3) By End User: Healthcare Providers, Patients, Government Authorities, Other End Users
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What are the Emerging Trends Shaping the Future of the Internet Of Medical Things (IoMT) Market?
The key trends in the internet of medical things (iomt) market are:
• The trend of remote surgery is expected to influence the IoMT market.
• Predictive healthcare is emerging as a significant trend in the industry.
• Advancements in healthcare technology are shaping the future of IoMT.
• Integration of artificial intelligence and machine learning is a notable trend in the market.
Who Are the Top Competitors & Leading Players in the Internet Of Medical Things (IoMT) Market?
Major companies in the internet of medical things (iomt) market are:
• Google LLC
• Microsoft Corporation
• Johnson & Johnson Services Inc.
• Siemens Healthineers AG
• Roche Diagnostics Corporation
• Cisco Systems Inc.
• Qualcomm Life Inc.
• Abbott Laboratories
• Oracle Corporation
• Honeywell International Inc.
• Medtronic PLC
• Becton Dickinson and Company
• Koninklijke Philips N.V.
• Stryker Corporation
• GE HealthCare Technologies Inc.
• Boston Scientific Corporation
• Zimmer Biomet Holdings Inc.
• Zebra Technologies Corp.
• Smith & Nephew PLC
• Otsuka America Pharmaceutical Inc.
• ResMed Inc.
• AptarGroup Inc.
• DexCom Inc.
• Masimo Corporation
• iRhythm Technologies Inc.
• Merative L.P.
• Capsule Technologies Inc.
• Owlet Baby Care Inc.
• AgaMatrix Inc.
• AliveCor.
Regional Dominance: Which Area Leads the Global Internet Of Medical Things (IoMT) Market?
North America was the largest region in the internet of medical things (IoMT) market in 2024
