openPR Logo
Press release

Global Internet of Medical Things (IoMT) Market Size, Share, Impressive Industry Growth Report 2027

06-10-2021 01:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global Internet of Medical Things (IoMT) market is anticipated to grow at a modest CAGR of around 24.6% during the forecast period (2021-2027). The IoMT is an ecosystem of connected sensors, wearable devices, medical devices, and clinical systems. It enables various healthcare applications to reduce healthcare costs, provide timely medical responses, and increase the quality of medical treatment. The adoption of internet-connected devices to improve efficiencies, lower care costs and drive better outcomes in healthcare is the major aspect behind the large adoption of IoMT devices in healthcare sectors. It has been witnessed that from the last few decades, the use of IoMT devices has gained popularity owing to the advanced features provided by them.

(Get 15% Discount on Buying this Report)

Get Report Sample Copy @ https://www.omrglobal.com/request-sample/internet-of-medical-things-iomt-market

Additionally, most healthcare organizations are relying on IoMT devices and technologies to streamline their clinical trials, patients monitoring and new drug developments. With their ability to collect, analyze and transmit health data, IoMT tools are rapidly changing healthcare delivery. The rising prevalence of the chronic disease is the major factor driving the demand for IoMT devices. As IoMT coupled with many applications are playing a central part in tracking and preventing chronic illnesses. Besides, the new products developments and mergers and acquisitions by major players are also enhancing the market growth. For instance, in Jan 2021, Boston Scientific announced the acquisition of Preventice Solutions, Inc., through a definitive agreement. The acquisition includes the product portfolio Preventice Solutions, Inc. which comprises the BodyGuardian family of remote, wearable cardiac monitors for adult and pediatric patients.

A Full Report of Global Internet of Medical Things (IoMT) Market is Available at: https://www.omrglobal.com/industry-reports/internet-of-medical-things-iomt-market

Moreover, in March 2021, Boston Scientific announced the acquisition of the global surgical business of Lumenis LTD under a definitive agreement for $1.07 billion through cash payment. Through this acquisition, Boston acquires the Lumenis surgical business which includes premier laser systems, fibers and accessories used for urology and otolaryngology procedures. The acquisition will aid Boston in differentiated clinical outcomes and efficiency in the management of patients with kidney stones. Considering these mergers and acquisitions, considerable growth can be expected in the global Internet of Medical Things (IoMT) market.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

Global IoM Market Report by Segment

By Component

Medical Devices
Software & Services

By Application

Patient Monitoring
Telemedicine
Connected Imaging
Drug Development
Others

By End-User

Hospitals and Clinics
Research Institutes and Academics
Homecare

Global IoMT Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Russia
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/internet-of-medical-things-iomt-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Internet of Medical Things (IoMT) Market Size, Share, Impressive Industry Growth Report 2027 here

News-ID: 2302468 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for IoM

Integrated Operations Management Iom Market Size by Type, Application, and Regio …
According to Market Research Intellect, the global Integrated Operations Management Iom market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The Integrated Operations Management (IOM) market is experiencing significant growth, driven by the increasing complexity of
Intraoperative Monitoring (IOM) Solutions Market Analysis,Demand,Trends and Fore …
Global Info Research announces the release of the report "Global Intraoperative Monitoring (IOM) Solutions Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples
Integrated Operations Management (IOM) Market to Witness Huge Growth by 2028 | T …
Integrated Operations Management (IOM) Market research report provides extensive market coverage that includes qualitative and quantitative analysis of the overall market, its segments, and regional analysis. It sheds light on market growth drivers to understand the business's financial and operational output to improvise the companies' performance and strategies. Furthermore, the report also incorporates challenges and opportunities that enable stakeholders to develop a strategic and precise business plan. Click Here For a
Intraoperative Monitoring (IOM) Solutions Market: Natus, inomed, SpecilatyCare, …
Intraoperative Monitoring (IOM) Solutions Market survey offers key information about the industry, helpful and important facts and figures, expert opinions, and the latest developments across the world. The report includes data on patterns and improvements, target business sectors and materials, limits and advancements. This market report is a valuable document for every market enthusiast, policymaker, investor, and market player. This report encompasses a chapter on the global Intraoperative Monitoring (IOM)
Global Intraoperative Monitoring (IOM) Solutions Market 2021 Research Report 202 …
(United States, OR Poland): Global Intraoperative Monitoring (IOM) Solutions Market Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data. Ask for Sample Copy: https://www.bigmarketresearch.com/request-sample/4222386SA NOTE:
Integrated Operations Management (IOM) Market Overview by 2020-2026
GLOBAL INFO RESEARCHhas lately published a new report titled, *Global and United States Integrated Operations Management (IOM) Market 2020 by Company, Type and Application, Forecast to 2025*. The researchers have offered a broad understanding of the industry with the help of research methodologies such as PESTLE Analysis and Porter's Five Forces. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-and-United-States-Integrated-Operations-Management-(IOM)-market_p323750.html At the start, the report lays emphasis on the key