Market revenue in 2023 | USD 5.1 billion |
Market revenue in 2030 | USD 20.7 billion |
Growth rate | 22.3% (CAGR from 2023 to 2030) |
Largest segment | Hardware |
Fastest growing segment | Software |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD billion |
Market segmentation | Hardware, Software, Services |
Key market players worldwide | Apple Inc, Boston Scientific Corp, BIOTRONIK, Cisco Systems Inc, GE Aerospace, Honeywell International Inc, International Business Machines Corp, Johnson & Johnson, Koninklijke Philips NV, Lenovo Group Ltd, Medtronic PLC, NeuroMetrix Inc, Microsoft Corp, SAP SE ADR, Siemens AG |
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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 45.1% in 2023. Horizon Databook has segmented the Brazil internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Brazil Internet of Medical Things market dominated in the Latin America region in 2023 with a market share of 35.5%.The COVID-19 pandemic accelerated the adoption of telemedicine in Brazil, leading to a surge in demand for IoMT devices that support remote consultations and monitoring. Telemedicine platforms integrated with IoMT technologies are enabling healthcare providers to deliver care efficiently and safely.
In addition, the Brazilian government has been supporting initiatives to promote digital health solutions, including IoMT. Policies aimed at expanding access to healthcare services through technology are driving the growth of the IoMT market in Brazil.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil internet of medical things (iomt) market, including forecasts for subscribers. This country databook contains high-level insights into Brazil internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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