Germany Internet Of Medical Things (iomt) Market Size & Outlook
Germany internet of medical things (iomt) market, 2018-2030 (US$M)
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Germany internet of medical things (iomt) market highlights
- The Germany internet of medical things (iomt) market generated a revenue of USD 9.0 billion in 2023 and is expected to reach USD 29.9 billion by 2030.
- The Germany market is expected to grow at a CAGR of 18.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Internet of medical things (iomt) market data book summary
| Market revenue in 2023 | USD 9.0 billion |
| Market revenue in 2030 | USD 29.9 billion |
| Growth rate | 18.7% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 4.9% of the global internet of medical things (iomt) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany internet of medical things (iomt) market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 12.8 billion by 2030.
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Internet of Medical Things (IoMT) Market Scope
Internet of Medical Things (IoMT) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 44.44% in 2023. Horizon Databook has segmented the Germany internet of medical things (iomt) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Internet of Medical Things market in Germany accounted for a revenue share of 20.4% in 2023. The country’s strong focus on digital health initiatives and innovative healthcare solutions is accelerating market growth.
The country has been investing heavily in IoMT technologies to modernize its healthcare system and address challenges such as an aging population and rising healthcare costs. The German government is actively supporting the adoption of IoMT through regulatory frameworks and funding programs to drive innovation in the healthcare sector, thereby boosting market growth.
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Our clientele includes a mix of internet of medical things (iomt) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany internet of medical things (iomt) market, including forecasts for subscribers. This country databook contains high-level insights into Germany internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany internet of medical things iomt market report size, by component, 2018-2030 (US$M)
Germany Internet of Medical Things (IoMT) Market Share, 2023 & 2030 (US$M)
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