Europe Internet Of Things In Healthcare Market Size & Outlook

The internet of things in healthcare market in Europe is expected to reach a projected revenue of US$ 46,453.0 million by 2030. A compound annual growth rate of 21.6% is expected of Europe internet of things in healthcare market from 2024 to 2030.
Revenue, 2023 (US$M)
$11,787.2
Forecast, 2030 (US$M)
$46,453.0
CAGR, 2024 - 2030
21.6%
Report Coverage
Europe

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

Europe
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Europe internet of things in healthcare market highlights

  • The Europe internet of things in healthcare market generated a revenue of USD 11,787.2 million in 2023.
  • The market is expected to grow at a CAGR of 21.6% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating component in 2023.
  • Software and Systems is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 11,787.2 million
Market revenue in 2030USD 46,453.0 million
Growth rate21.6% (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
Key market players worldwideMedtronic PLC, Cisco Systems Inc, International Business Machines Corp, GE HealthCare Technologies Inc Common Stock, Microsoft Corp, SAP SE, Infosys Ltd ADR, Cerner Corporation, Qualcomm Inc, Amazon.com Inc, Intel Corp, Wipro Ltd ADR

Other key industry trends

  • In terms of revenue, Europe region accounted for 26.7% of the global internet of things in healthcare market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 53,345.6 million by 2030.

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Internet Of Things In Healthcare Market Scope

Internet of things in healthcare market segmentation & scope
Wearable External Device
Implanted Medical Devices
Stationary Medical Devices
Remote device management
Network Bandwidth Management
Data analytics
Application security
Network Security
System Integration
Consulting, Training and education
Support and maintenance
Wi-Fi
Bluetooth Low Energy
ZigBee
RFID
Cellular
LPWAN
Clinical Research Organization(CRO)
Hospitals and clinics
Research and Diagnostic Laboratories
Others
Telemedicine
Medication Management
Clinical Operations
Patient Monitoring
Connected Imaging
Others

Internet Of Things In Healthcare Market Companies

Name Profile # Employees HQ Website

Europe 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 37.58% in 2023. Horizon Databook has segmented the Europe 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.


  • Europe 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
  • Europe Internet Of Things In Healthcare Connectivity Technology Outlook (Revenue, USD Million, 2018-2030)
    • Wi-Fi
    • Bluetooth Low Energy
    • ZigBee
    • RFID
    • Cellular
    • LPWAN
  • Europe 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
  • Europe 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 continent-level data and insights on the Europe internet of things in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Europe internet of things in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Europe Internet Of Things In Healthcare Market Outlook Share, 2023 & 2030 (US$M)

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

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