Italy Internet Of Medical Things (iomt) Market Size & Outlook
Italy internet of medical things (iomt) market, 2018-2030 (US$B)
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Italy internet of medical things (iomt) market highlights
- The Italy internet of medical things (iomt) market generated a revenue of USD 4.1 billion in 2023 and is expected to reach USD 14.0 billion by 2030.
- The Italy market is expected to grow at a CAGR of 19.2% 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 4.1 billion |
| Market revenue in 2030 | USD 14.0 billion |
| Growth rate | 19.2% (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, Italy accounted for 2.2% 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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Italy 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 46.34% in 2023. Horizon Databook has segmented the Italy 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 Italy accounted for a revenue share of 9.3% in 2023. Italian companies are developing advanced medical devices, connected health platforms, and telehealth services to cater to the growing demand for remote patient monitoring and personalized healthcare solutions, which is accelerating the market reach of IoMT in Italy.
Furthermore, The Italian government is promoting digital health initiatives to drive efficiency in healthcare delivery, improve clinical outcomes, and empower patients with access to realtime health data through connected devices. These prominent drivers are expected to fuel the market expansion in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy internet of medical things (iomt) market, including forecasts for subscribers. This country databook contains high-level insights into Italy internet of medical things (iomt) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy internet of medical things iomt market report size, by component, 2018-2030 (US$B)
Italy Internet of Medical Things (IoMT) Market Share, 2023 & 2030 (US$B)
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