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Medical Things market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % - Valuates Reports
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The Internet of Medical Things (IoMT) is the collection of medical devices and applications that connect to healthcare IT systems through online computer networks. Medical devices equipped with Wi-Fi allow the machine-to-machine communication that is the basis of IoMT. IoMT devices link to cloud platforms such as Amazon Web Services, on which captured data can be stored and analyzed. IoMT is also known as healthcare IoT.
North American market for Internet of Medical Things is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Internet of Medical Things is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Internet of Medical Things in Remote Health Monitoring is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Internet of Medical Things include Koninklijke Philips NV, Drägerwerk AG & Co. KGaA, Biotronik, Boston Scientific, Telit, Comarch, KaaIoT Technologies, Rayven and ScienceSoft, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Internet of Medical Things Market Insights
This report aims to provide a comprehensive presentation of the global market for Internet of Medical Things, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Internet of Medical Things.
The Internet of Medical Things market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Internet of Medical Things market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Internet of Medical Things companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Internet of Medical Things Market Segments
By Company
Koninklijke Philips NV
Drägerwerk AG & Co. KGaA
Biotronik
Boston Scientific
Telit
Comarch
KaaIoT Technologies
Rayven
ScienceSoft
SIMON IoT
OSP
Azure IoT
Ocamar
Neusoft
Hosiot
Segment by Type
Software
Devices
Segment by Application
Remote Health Monitoring
Telehealth
Smart Hospital
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