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Global Internet of Medical Things (IoMT) Solutions Market Growth (Status and Outlook) 2024-2030

Global Internet of Medical Things (IoMT) Solutions Market Growth (Status and Outlook) 2024-2030

Product Code:1211367

Published Date: Jul 28,2024

Pages: 120

Region: Global

Category: Service & Software

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IoMT is a collection of medical devices and applications connected to healthcare IT systems through online computer networks. Medical devices equipped with Wi-Fi networks allow machine-to-machine communication which is the basis of IoMT technology. The IoMT devices link to cloud platforms such as Amazon Web Services or Microsoft’s Azure where the data is captured, stored, and subsequently analyzed. With several advantages like enhanced patient safety, reduced medical errors, seamless transfer of electronic health records (EHR), better disease management, remote monitoring of chronic diseases, and improved drug management, IoT medical devices have the potential to transform healthcare and improve patient outcomes while reducing costs and aiding healthcare providers in making informed care decisions with greater speed and ease.

The global Internet of Medical Things (IoMT) Solutions market size is projected to grow from US$ 8123 million in 2024 to US$ 29590 million in 2030; it is expected to grow at a CAGR of 24.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Internet of Medical Things (IoMT) Solutions Industry Forecast” looks at past sales and reviews total world Internet of Medical Things (IoMT) Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Internet of Medical Things (IoMT) Solutions sales for 2023 through 2029. With Internet of Medical Things (IoMT) Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Internet of Medical Things (IoMT) Solutions industry.

This Insight Report provides a comprehensive analysis of the global Internet of Medical Things (IoMT) Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Internet of Medical Things (IoMT) Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Internet of Medical Things (IoMT) Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Internet of Medical Things (IoMT) Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Internet of Medical Things (IoMT) Solutions.

The rising number of connected devices and the need for cost reduction in medicinal delivery are key factors driving the growth of the IoMT market. Moreover, the need for enhancing healthcare outcomes and the evolution of high-speed networking technologies such as low-power wide-area networks (LPWANs) and similar others are some of the promising areas of market advancement in IoMT devices.

This report presents a comprehensive overview, market shares, and growth opportunities of Internet of Medical Things (IoMT) Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Medical Devices
    Systems and Software
    Services

Segmentation by Application:
    Telemedicine
    Clinical Operations and Workflow Management
    Connected Imaging
    Inpatient Monitoring
    Medication Management
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Medical Devices
    Systems and Software
    Services

Segmentation by Application:
    Telemedicine
    Clinical Operations and Workflow Management
    Connected Imaging
    Inpatient Monitoring
    Medication Management
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    GE Healthcare
    Koninklijke Philips N.V.
    Medtronic plc
    Cisco Systems, Inc.
    IBM Corporation
    Siemens AG
    Welch Allyn, Inc.
    Boston Scientific Corporation
    Johnson & Johnson Services, Inc.
    Biotronik
    Agamatrix
    Sciencesoft
    KORE Wireless
    Telit
    STANLEY Healthcare