IoT in Healthcare Market Gains Momentum, Booming with Innovation in Connected Devices at 16.4% CAGR (2024-2031) | Top Companies 2025 - Medtronic, Cisco Systems, Inc., IBM Corporation

"The Global IoT (Internet of Things) In Healthcare Market reached USD 120.2 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 390.2 billion by 2031. The global IoT in healthcare market is expected to exhibit a CAGR of 16.4%" As per DataM intelligence research report

As per our analysis The IoT in Healthcare market is booming as connected devices enable real-time monitoring, early diagnosis, and remote patient care. Wearables, smart sensors, and telehealth tools are improving chronic disease management and reducing hospital visits. AI-powered analytics and cloud platforms are enhancing clinical decision-making and personalized treatment. Hospitals are optimizing workflows with smart infrastructure and automated asset tracking. North America leads adoption, while Asia-Pacific is rapidly expanding with growing healthcare digitization. This market is transforming healthcare into a connected, intelligent, and patient-centered ecosystem.

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IoT in Healthcare Market Dynamics:

The IoT in healthcare market is driven by the growing demand for real-time patient monitoring, efficient data management, and remote healthcare services. Connected devices like wearables, smart beds, and remote monitoring tools enable continuous tracking of vital signs, reducing hospital readmissions. The rise in chronic diseases and aging populations supports the need for IoT-enabled solutions that improve care coordination. Healthcare providers benefit from enhanced workflow automation and predictive maintenance of medical equipment. Increased adoption of telemedicine and digital health platforms also accelerates IoT integration. Government support for healthcare digitization is further driving adoption.

Market growth is fueled by advancements in cloud computing, AI, and 5G connectivity that enhance the performance of IoT medical systems. Startups and tech giants are investing in smart healthcare infrastructure and interoperable devices. Cybersecurity improvements and compliance with health data regulations are boosting user confidence. Emerging economies are witnessing rapid growth due to improved internet access and healthcare digitization. Integration of IoT with electronic health records enhances clinical decision-making and patient outcomes. As personalized and preventive care gains traction, IoT continues to transform global healthcare delivery.

IoT in Healthcare Market: Recent Industry Developments

✅In July 2025 Samsung signed an agreement to acquire U.S. healthcare platform Xealth. This move aims to integrate Samsung's wearables with Xealth's system, which connects 500+ U.S. hospitals to patients via digital health programs. This is a major step in Samsung's expansion into mobile healthcare services

✅In June 2025 U.S. Health & Human Services (HHS) announced a public health campaign encouraging widespread wearable use, including continuous glucose monitors (CGMs), aiming to promote preventive health care broadly

Strategic Players Driving the IoT in Healthcare Market Forward:

Medtronic, Cisco Systems, Inc., IBM Corporation, GE Healthcare, Microsoft Corporation, SAP SE, Infosys Limited, Cerner Corporation, QUALCOMM Incorporated, and Wipro ltd among others.

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Research Methodology:
The global IoT in Healthcare Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

Segment Covered in the IoT in Healthcare Market:

♦ By Component:Medical Devices, Systems and Software, Services

♦By Application: Telemedicine, Telemedicine, Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management, Others

♦By End User: Hospitals and Clinics, Clinical Research Organizations, Research and Diagnostic Laboratories, Others

Regional Analysis for IoT in Healthcare Market:

The IoT in Healthcare market is expanding rapidly due to growing demand for remote monitoring, smart diagnostics, and connected health systems. North America, especially the U.S., leads with advanced digital infrastructure, strong tech adoption, and regulatory support. Europe, including Germany, the U.K., and France, shows steady growth with increasing integration of IoT in hospital workflows and elderly care. Asia-Pacific, particularly China, India, and Japan, is witnessing fast growth driven by large populations, smart hospital projects, and healthcare digitization. South America, led by Brazil, is gradually adopting IoT solutions for telehealth and patient monitoring. The Middle East & Africa show emerging adoption, supported by investments in digital health and smart infrastructure.

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