Global Internet Of Medical Things (iomt) Market Size & Outlook

The internet of medical things (iomt) industry worldwide is expected to reach a projected revenue of US$ 668.1 billion by 2030. A compound annual growth rate of 20.4% is expected of the worldwide internet of medical things (iomt) industry from 2024 to 2030.

Revenue, 2023 (US$B)
$182.0
Forecast, 2030 (US$B)
$668.1
CAGR, 2024 - 2030
20.4%
Report Coverage
Worldwide

Global internet of medical things (iomt) market highlights

  • The global internet of medical things (iomt) market generated a revenue of USD 182.0 billion in 2023 and is expected to reach USD 668.1 billion by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 20.4% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 83.4 billion in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 182.0 billion
Market revenue in 2030USD 668.1 billion
Growth rate20.4% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 36.1% of the global internet of medical things (iomt) market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 166.5 billion by 2030.

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Internet of Medical Things (IoMT) Market Scope

Internet of medical things (iomt) market segmentation & scope
Wearable Devices
Stationary Devices
Implantable Devices
Others
Device Management
Application Management
Cloud Management
Data Analytics
Others
Integration & Deployment
Consulting
Support & Maintenance
On-premise
Cloud
Telemedicine
Clinical Operations & Workflow Management
Connected Imaging
Medication Management
Inpatient Monitoring
Others
Homecare
Clinics
Hospitals
Research Institutes & Academics
Others

Internet of Medical Things (IoMT) Market Companies

Name Profile # Employees HQ Website

Global internet of medical things (iomt) market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to internet of medical things (iomt) market will help companies and investors design strategic landscapes.


hardware was the largest segment with a revenue share of 45.82% in 2023. Horizon Databook has segmented the Global internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Internet of Medical Things (IoMT) Component Outlook (Revenue, USD Billion, 2018-2030)
    • Hardware
      • Wearable Devices
      • Stationary Devices
      • Implantable Devices
      • Others
    • Software
      • Device Management
      • Application Management
      • Cloud Management
      • Data Analytics
      • Others
    • Services
      • Integration & Deployment
      • Consulting
      • Support & Maintenance
  • Global Internet of Medical Things (IoMT) Deployment Outlook (Revenue, USD Billion, 2018-2030)
    • On-premise
    • Cloud
  • Global Internet of Medical Things (IoMT) Application Outlook (Revenue, USD Billion, 2018-2030)
    • Telemedicine
    • Clinical Operations & Workflow Management
    • Connected Imaging
    • Medication Management
    • Inpatient Monitoring
    • Others
  • Global Internet of Medical Things (IoMT) End Use Outlook (Revenue, USD Billion, 2018-2030)
    • Homecare
    • Clinics
    • Hospitals
    • Research Institutes & Academics
    • Others

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Target buyers of Global internet of medical things (iomt) market databook

  • Our clientele includes a mix of internet of medical things (iomt) market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global internet of medical things (iomt) market, including forecasts for subscribers. This global databook contains high-level insights into Global internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global internet of medical things iomt market report statistics, by regions, 2018-2030 (US$B)

Top 10 countries: Internet of medical things iomt market report size, 2023 (USD Billion)

Top 10 countries: Internet of medical things iomt market report size, 2023 (USD Billion)

Global internet of medical things (iomt) market, by region, 2023 (US$B)

Global internet of medical things iomt market report statistics, by regions, 2018-2030 (US$B)

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