Global Internet Of Things In Healthcare Market Size & Outlook

The internet of things in healthcare industry worldwide is expected to reach a projected revenue of US$ 169,987.8 million by 2030. A compound annual growth rate of 21.2% is expected of the worldwide internet of things in healthcare industry from 2024 to 2030.
Revenue, 2023 (US$M)
$44,214.2
Forecast, 2030 (US$M)
$169,987.8
CAGR, 2024 - 2030
21.2%
Report Coverage
Worldwide

Global internet of things in healthcare market, 2018-2030 (US$M)

Related Markets

Global internet of things in healthcare market highlights

  • The global internet of things in healthcare market generated a revenue of USD 44,214.2 million in 2023 and is expected to reach USD 169,987.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 21.2% by 2030.
  • In terms of segment, services accounted for a revenue of USD 16,568.9 million in 2023.
  • Software and Systems 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 44,214.2 million
Market revenue in 2030USD 169,987.8 million
Growth rate21.2% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSoftware and Systems
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedical Devices, Software and Systems, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 34.5% of the global internet of things in healthcare 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 45,125.4 million by 2030.

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Internet Of Things In Healthcare Market Companies

Name Profile # Employees HQ Website

Global internet of things in healthcare 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 things in healthcare market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 37.47% in 2023. Horizon Databook has segmented the Global internet of things in healthcare market based on medical devices, software and systems, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Internet Of Things In Healthcare Component Outlook (Revenue, USD Million, 2018-2030)
    • Medical Devices
      • Wearable External Device
      • Implanted Medical Devices
      • Stationary Medical Devices
    • Software and Systems
      • Remote device management
      • Network Bandwidth Management
      • Data analytics
      • Application security
      • Network Security
    • Services
      • System Integration
      • Consulting, Training and education
      • Support and maintenance
  • Global Internet Of Things In Healthcare Connectivity Technology Outlook (Revenue, USD Million, 2018-2030)
    • Wi-Fi
    • Bluetooth Low Energy
    • ZigBee
    • RFID
    • Cellular
    • LPWAN
  • Global Internet Of Things In Healthcare End Use Outlook (Revenue, USD Million, 2018-2030)
    • Clinical Research Organization(CRO)
    • Hospitals and clinics
    • Research and Diagnostic Laboratories
    • Others
  • Global Internet Of Things In Healthcare Application Outlook (Revenue, USD Million, 2018-2030)
    • Telemedicine
    • Medication Management
    • Clinical Operations
    • Patient Monitoring
    • Connected Imaging
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global internet of things in healthcare market , including forecasts for subscribers. This global databook contains high-level insights into Global internet of things in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global internet of things in healthcare market size, by regions, 2018-2030 (US$M)

Top 10 countries: Internet of things in healthcare market size, 2023 (US$M)

Global internet of things in healthcare market share, by component, 2023 & 2030 (%, US$M)

Internet of things in healthcare market: Opportunity assessment by country

Global internet of things in healthcare market, by region, 2023 (US$M)

Global internet of things in healthcare market size, by regions, 2018-2030 (US$M)

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