Global Medical Internet of Things Market by Type, by Component, by Product Type, by Technology, by Application, by End-User, by Region, Competition, Forecast and Opportunity, 2017-2027



Global Medical Internet of Things Market By Type (On-Body Segment, In-Home Segment, In-Hospital Segment, In-Clinics Segment, Community Segment), By Component (Medical Devices, System & Software, Connectivity Technology, services), by product type (Smart Wearables, medical devices for home use, point-of-care kits), by technology (Bluetooth Low Energy (BLE), Zigbee, Wifi, LPWAN, others), by application (telemedicine, management of Clinical Operations & Workflows, Medication Management, Connected Imaging, Others), By End User (Healthcare Providers, Patients, Government Authorities, Others), By Region, Competition, Forecast & Opportunity, 2017-2027

New York, April 08, 2022 (GLOBE NEWSWIRE) — announces the release of the report “Global Internet of Medical Things Market by Type, By Component, By Product Type, By Technology, By Application, By End User , by Region, Competition, Forecast and Opportunities, 2017-2027” –

The Global Medical Internet of Things Market is expected to grow at a CGAR of 19.48% during the forecast period, 2023-2027, to reach USD 198521.00 Million by 2027. and rapid adoption of advanced technologies by the healthcare industry to improve patient care and services are expected to be major drivers of the global medical internet of things market. In addition, the development of the telecommunications sector in developing countries and the deployment of 5G technology are expected to drive the growth of the global medical Internet of Things market during the forecast period.
Continuous technological advancements in healthcare are transforming the healthcare industry. The Internet of Medical Things is a system of multiple medical devices connected with or with a network.

It can provide real-time updates on the patient’s health to health authorities, improving the quality of service provided to the patient. Efforts by major authorities in emerging economies to provide high-speed internet connection are expected to significantly improve telehealth services.

Increasing focus of healthcare institutions to deliver patient-centric care delivery, drive patient engagement and make healthcare services affordable is accelerating the market demand over the next five years. In addition, favorable government policies and digitization trends of healthcare institutions are expected to accelerate. the global medical internet of things market over the forecast period.

However, growing concerns over data privacy and security may hamper the market growth over the forecast period.
The global Internet of Medical Things market is segmented into type, component, product type, technology, application, end user, company, and regional distribution. On the basis of components, the market is divided into medical devices, systems and software, connectivity technology and services.

Medical devices dominated the market in 2021 by capturing a market share of 37.27% and are expected to maintain their dominance throughout the forecast period 2023-2027. Rising awareness about the benefits of adopting preventive healthcare practices and availability of innovative and cost-effective medical devices are the factors driving the market demand.
GE Healthcare, Medtronic Plc., Johnson & Johnson, Koninklijke Philips NV, Siemens Healthineers AG, Abbott Laboratories, Inc., Boston Scientific Corporation, IBM Corporation, Omron Healthcare, Inc., Cisco Systems, Inc., Hill-Rom Holdings, Inc. . ., Ypsomed AG, Honeywell International Inc., Microsoft Corporation, Qualcomm Life Inc. are some of the prominent market players operating in the global medical internet of things market.

Years considered for this report:

Historical years: 2017-2020
Base year: 2021
Estimated year: 2022
Forecast period: 2023-2027

Goal of the study:

• To analyze historical growth and market size of global Medical Internet of Things market from 2017 to 2021.
• Estimate and forecast the market size of Global Medical Internet of Things Market from 2022 to 2027 and the growth rate till 2027.
• To categorize and forecast, the global Internet of Medical Things market is divided into test type, usage, full test time, technology, specimen, mobility, end use, company, and regional distribution.
• Identify drivers and challenges of the global Medical Internet of Things market.
• Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global Internet of Medical Things market.
• Perform pricing analysis for the global IoT market.
• Identify and analyze the profile of key players operating in the global Internet of Medical Things market.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst procured a list of major service providers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.

Using this technique, the analyst could include service providers that could not be identified due to the limitations of secondary research. The analyst has reviewed the service companies, distribution channels, and presence of all major players operating in the global Medical Internet of Things market across the globe.
The analyst has calculated the global Medical Internet of Things market size using a bottom-up approach, where data from various regions has been recorded and forecasted for the coming years. The analyst obtained these values ​​from industry experts and company representatives and validated them externally by analyzing historical data of these types of products and applications to derive an appropriate overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key target audience:

• Service providers, suppliers, distributors and other stakeholders of the Internet of Medical Things
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances related to the Internet of medical objects market
• Market research and consulting firms
The study is helpful in providing answers to several critical questions that are important to industry stakeholders such as Internet of Medical Things service providers, suppliers, distributors, and other stakeholders. The report would enable stakeholders to develop investment strategies and capitalize on opportunities in emerging markets.

Report Scope:

In this report, the global Internet of Medical Things market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Global Medical Internet of Things Market, by Type:
o On the body segment
o In the residential segment
o In the hospital segment
o In the clinical segment
o Community segment
• Global Medical Internet of Things Market, by Component:
o Medical Devices
o System and software
o Connectivity technology
o Services
• Global Internet of Medical Things market, by product type:
o Smart wearable devices
o Medical devices for household use
o Point of service kits
• Global market for the Internet of medical objects, by technology:
Bluetooth Low Energy (BLE)
or Zigbee
or Wi-Fi
o Others
• Global Medical Internet of Things Market, by Application:
o Telemedicine
o Management of clinical operations and workflows
o Medication management
o Connected imaging
o Monitoring of hospitalized patients
o Others
• Global Medical Internet of Things Market, by End User:
o Health care providers
o Patients
o Government authorities
o Others
• Global Medical Internet of Things Market, by Region:
o North America
United States
o Asia-Pacific
South Korea
o Europe
o South America
o Middle East and Africa
South Africa
Saudi Arabia
United Arab Emirates

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in the global Internet of Medical Things market.

Customizations available:

With the given market data, we offer customizations based on the specific needs of a business. The following customization options are available for the report:

Company information

• Detailed analysis and profiling of other market players (up to five).
Read the full report:

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.


CONTACT: Clare: US: (339)-368-6001 Intl: +1 339-368-6001

Leave a Comment