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2024 Internet Of Medical Things (IoMT) Market Trends, Scope, Size, Share And Demand Factors Forecast To 2033
Internet Of Medical Things (IoMT) Global Market
The Business Research Company's Internet Of Medical Things (IoMT) Global Market Report 2024 identifies The increasing use of connected medical devices as the major driver for the Internet Of Medical Things (IoMT) market's growth in the forecast period. Connected medical devices are equipment that can communicate and share data or other systems, often through wireless technology, for monitoring, diagnosing, or treating patients. Connected devices enhance real-time patient monitoring, streamline data collection and improve healthcare delivery by enabling IoMT technologies, leading to improved patient outcomes, reduced hospitalizations and greater operational efficiency in healthcare systems.
The internet of medical things (iomt) market size has grown exponentially in recent years. It will grow from $64.48 billion in 2023 to $79.64 billion in 2024 at a compound annual growth rate (CAGR) of 23.5%. The growth in the historic period can be attributed to aging population, increased network connectivity, increasing investment in healthcare, government initiatives.
The internet of medical things (iomt) market size is expected to see exponential growth in the next few years. It will grow to $192.02 billion in 2028 at a compound annual growth rate (CAGR) of 24.6%. The growth in the forecast period can be attributed to rollout of 5g networks, telemedicine expansion, prevalence of chronic diseases, growing popularity of wearable devices, increasing adoption of electronic health records. Major trends in the forecast period include remote surgery, predictive healthcare, advancements in healthcare technology, artificial intelligence (AI) and machine learning (ML) integration, smart hospitals.
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Major competitors in the Internet Of Medical Things (IoMT) market are Google LLC, Microsoft Corporation, Johnson & Johnson Services Inc., Siemens Healthineers AG, Roche Diagnostics Corporation, Cisco Systems Inc., Qualcomm Life Inc., Abbott Laboratories, Oracle Corporation.
A key trend in the Internet Of Medical Things (IoMT) market includes focus on innovation in airway monitoring system (iomt) technology. Major companies operating in the internet of medical things (IoMT) market are focused on adopting new technological and connectivity solutions to sustain their position in the market.
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The Internet Of Medical Things (IoMT) market is segmented -
1) By Device Type: Wearable Devices, Stationary Devices, Implantable Devices, Other Devices
2) By Application: Data Assortment And Analysis, Real-Time Monitoring, Remote Medical Assistance, Tracking And Alerts, Other Applications
3) By End User: Healthcare Providers, Patients, Government Authorities, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Internet Of Medical Things (IoMT) market.
The Business Research Company's "Global Internet Of Medical Things (IoMT) Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Internet Of Medical Things (IoMT) Market Include:
1. Executive Summary
2. Internet Of Medical Things (IoMT) Market Characteristics
3. Internet Of Medical Things (IoMT) Market Trends And Strategies
4. Internet Of Medical Things (IoMT) Market - Macro Economic Scenario
5. Global Internet Of Medical Things (IoMT) Market Size and Growth
……
32. Global Internet Of Medical Things (IoMT) Market Competitive Benchmarking
33. Global Internet Of Medical Things (IoMT) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Internet Of Medical Things (IoMT) Market
35. Internet Of Medical Things (IoMT) Market Future Outlook and Potential Analysis
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