North America Internet Of Things In Healthcare Market Size & Outlook

The internet of things in healthcare market in North America is expected to reach a projected revenue of US$ 53,744.3 million by 2030. A compound annual growth rate of 19.7% is expected of North America internet of things in healthcare market from 2024 to 2030.
Revenue, 2023 (US$M)
$15,268.6
Forecast, 2030 (US$M)
$53,744.3
CAGR, 2024 - 2030
19.7%
Report Coverage
North America

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

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North America internet of things in healthcare market highlights

  • The North America internet of things in healthcare market generated a revenue of USD 15,268.6 million in 2023.
  • The market is expected to grow at a CAGR of 19.7% 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, Canada is expected to register the highest CAGR from 2024 to 2030.

North America data book summary

Market revenue in 2023USD 15,268.6 million
Market revenue in 2030USD 53,744.3 million
Growth rate19.7% (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, North America region accounted for 34.5% 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 Companies

Name Profile # Employees HQ Website

North America 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 37.75% in 2023. Horizon Databook has segmented the North America 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.


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

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

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

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

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