The global IoT in healthcare market is estimated to be worth USD 243.40 billion in 2025 and is projected to grow at a CAGR of 15.3%, surpassing USD 1 trillion by 2035.

Market Segmentation

Country-wise Insights

The global iot healthcare market size was USD 60.87 billion in 2024 & is projected to grow from USD 76.12 billion in 2025 to USD 691.86 billion by 2033.
Report Scope:

The IoT in Healthcare Market Report is Segmented by Component (Medical Devices, Systems and Software, and More), Application (Tele-Medicine, In-Patient Monitoring, and More), End-User (Hospitals and Clinics, Home-Care / Patients, and More), Connectivity Technology (Bluetooth Low Energy (BLE), Wi-Fi, Cellular and 5G, and More), Deployment Model (Cloud and On-Premise / Edge), and Geography.

Global IoT healthcare market worth at USD 53.65 Billion in 2024, is expected to surpass USD 368.16 Billion by 2034, with a CAGR of 21.2% from 2025 to 2034.

The global internet of things (IOT) in healthcare market size reached USD 369.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,176.5 Billion by 2033, exhibiting a growth rate (CAGR) of 13.73% during 2025-2033. Increasing adoption of the Internet of Things (IoT) devices by healthcare providers, growing demand for real-time health monitoring, advancements in sensor technology and data analytics, rising prevalence of chronic diseases, government initiatives promoting digital healthcare infrastructure, and focus on preventive healthcare are fostering the market growth.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the component, connectivity technology, application, and end user.

IoT in Healthcare Market earned USD 85.4 billion in 2021 and expected to reach USD 395.0 billion in 2029, and estimated to grow at a robust CAGR of 21.1% till 2029

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Internet Of Things In Healthcare Market Size 2025-2029

The internet of things in healthcare market size is forecast to increase by USD 297.9 billion at a CAGR of 18.4% between 2024 and 2029.

The Internet of Things (IoT) in healthcare is experiencing significant growth, driven by the increasing adoption of remote patient monitoring and advancements in healthcare technology. Remote patient monitoring enables real-time health data collection and analysis, improving patient care and reducing hospital readmissions. This trend is particularly relevant in the current healthcare landscape, where social distancing measures have accelerated the need for remote healthcare solutions. However, the IoT in healthcare market faces substantial challenges. Technological advancements, while beneficial, also bring increased threats to cybersecurity.
Protecting sensitive patient data from cyber-attacks is a pressing concern for healthcare providers and insurers. Effective cybersecurity measures must be integrated into IoT devices and healthcare systems to ensure patient data privacy and security. Companies must address these challenges while capitalizing on the opportunities presented by remote patient monitoring and technological advancements to remain competitive in the evolving healthcare landscape. Advanced software and system solutions process and analyze vast amounts of data, providing valuable insights for healthcare professionals.

What will be the Size of the Internet Of Things In Healthcare Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The Internet of Things (IoT) is revolutionizing healthcare, enhancing affordability and efficiency through various applications. Medical imaging analytics leverage IoT for faster, more accurate diagnoses, while population health management systems use real-time data for proactive care. Medication reminder apps and personalized treatment plans improve patient adherence, contributing to value-based care. Clinical trial recruitment and genomic sequencing benefit from IoT's data collection capabilities, driving innovation in research. Public health surveillance and hospital bed management optimize resources, ensuring better patient outcomes. Digital health literacy and healthcare workforce development are fostered through IoT-enabled training programs. Patient portals, precision medicine diagnostics, and automated medical transcription streamline administrative tasks.
Healthcare financing, biometric authentication, and healthcare policy are also influenced by IoT trends. Telehealth adoption and wearable device integration enable remote diagnostics and virtual reality therapy, expanding access to care. Global healthcare trends indicate continued growth in IoT applications, from home health automation and healthcare outcomes research to automated medication adherence and remote patient monitoring. Security remains a concern, necessitating robust data protection measures.

How is this Internet of Things In Healthcare Industry segmented?

The Internet of Things in healthcare industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Medical devices
  Software and system application
  Connecting technologies


Application

  Telemedicine
  Patient monitoring
  Clinical operation and workflow management
  Others


End-user

  Hospitals and clinics
  Pharmaceutical and biotechnology companies
  Government and defence institutions
  Clinical research organizations
  Others


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The medical devices segment is estimated to witness significant growth during the forecast period. The Internet of Things (IoT) is revolutionizing healthcare through advanced technologies such as machine learning algorithms and predictive analytics, enhancing healthcare quality and accessibility. IoT enables smart home healthcare, allowing remote patient monitoring, HIPAA compliance, and data visualization. Mental health monitoring is improved with digital health solutions, while precision medicine and telemedicine platforms offer personalized healthcare and clinical decision support. Network infrastructure and healthcare IT support the integration of medical devices and hospital automation, ensuring healthcare interoperability and medication management. IoT-enabled devices, including body sensor networks and medical imaging, collect and analyze data for diagnostic testing and clinical trials.

Elderly

The IoT Healthcare market is booming, projected to reach $328 Billion by 2033 with a 22.1% CAGR. Discover key drivers, trends, and challenges shaping this rapidly evolving sector, including remote patient monitoring, connected devices, and data security concerns. Learn about leading companies and regional market shares.

[215+ Pages Report] Global IoT healthcare market size is estimated to be worth USD 189.4 Billion in the year 2026, with growth at a CAGR value of 21.3% during 2021-2026.

IoT Sensors in Healthcare Market Size is expected to reach USD 349.9 Billion by 2033, from USD 81.4 Billion in 2023, at a CAGR of 15.7%.

The global IoT in healthcare market size was valued at USD 222.24 Billion in 2024, driven by the rising disposable income, rising healthcare expenditure, increasing health awareness, and growing adoption of smart devices. The market is anticipated to grow at a CAGR of 19.10% during the forecast period 2025-2034 to reach a value of USD 1276.26 Billion by 2034.

IoT Healthcare Market Outlook

The IoT Healthcare Market is poised for a significant expansion, with a market size valued at approximately USD 180 billion in 2023, anticipated to reach USD 540 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 13.1%. This growth is driven by the increasing adoption of Internet of Things (IoT) devices in the healthcare sector, which are transforming traditional healthcare practices by integrating advanced digital technologies for an enhanced patient care experience. The demand for seamless and efficient healthcare services, alongside the escalating prevalence of chronic diseases and aging population, further propels the market's expansion. The convergence of healthcare with technological advancements like AI, machine learning, and big data analytics plays a crucial role in facilitating real-time data exchange and patient monitoring, thereby augmenting the market growth.

The growth of the IoT healthcare market can be attributed to several pivotal factors. Firstly, the increasing need for cost-effective healthcare solutions stands prominent, as IoT implementations can significantly reduce healthcare costs by improving operational efficiencies and minimizing manual interventions. The utilization of IoT in healthcare streamlines resource management, enhances decision-making through predictive analytics, and ensures timely interventions, reducing the overall expenses for healthcare providers and patients alike. Additionally, the surge in demand for personalized healthcare services further fuels the adoption of IoT technologies. IoT devices facilitate real-time monitoring of patients' health, allowing for tailored treatments and proactive healthcare management, thereby improving patient outcomes and satisfaction.

Moreover, the proliferating adoption of smart wearables and connected devices among the general populace plays a pivotal role in driving the IoT healthcare market's growth. With the rising consumer awareness regarding health and wellness, there is an increasing inclination towards fitness trackers, smartwatches, and other wearable devices that continually monitor various health parameters. These devices not only offer users insights into their health metrics but also enable healthcare providers to access real-time data, leading to improved diagnosis and treatment options. Furthermore, the integration of IoT in telemedicine and remote patient monitoring is a significant growth catalyst, especially highlighted during the COVID-19 pandemic, where remote healthcare services became a necessity, further accelerating the IoT healthcare adoption rate.

From a regional perspective, North America remains a dominant force in the IoT healthcare market, owing to its advanced healthcare infrastructure, significant technology adoption, and a supportive regulatory environment. The presence of major IoT and healthcare companies in this region further bolsters its market position. Meanwhile, the Asia Pacific region is predicted to witness the highest growth rate, attributed to the increasing healthcare investments, burgeoning population, and rising incidences of chronic diseases that necessitate efficient healthcare solutions. European markets are also experiencing growth, driven by initiatives to improve healthcare services through digital transformation and government support to deploy advanced healthcare technologies.

Component Analysis

The IoT healthcare market is segmented by components into devices, software, and services, each playing a critical role in the ecosystem. Devices form the foundational layer of the IoT healthcare architecture, encompassing a wide range of equipment such as sensors, wearable devices, and implantable medical devices. These devices are instrumental in collecting and transmitting data, which is crucial for real-time patient monitoring and diagnostics. The increasing proliferation of IoT-enabled medical devices is driven by the need to enhance diagnostic accuracy and treatment efficacy, offering substantial opportunities for market participants to innovate and expand their product portfolios.

Software is another vital component of the IoT healthcare market, comprising applications and platforms that process, analyze, and manage the vast amount of data generated by IoT devices. The rise of health management software that integrates electronic health records (EHR), patient management systems, and predictive analytics solutions is pivotal in supporting healthcare providers to deliver personalized and efficient care. The software component is continuously evolving to incorporate AI and machine learning capabilities, enh

The IoT Healthcare market report offers a thorough competitive analysis, mapping key players’ strategies, market share, and business models. It provides insights into competitor dynamics, helping companies align their strategies with the current market landscape and future trends.

Global IoT in Healthcare market size 2025 was XX Million. IoT in Healthcare Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The Internet of Things (IoT) in Healthcare market is booming, projected to reach $250 billion by 2025 with a 15% CAGR. Discover key market drivers, trends, restraints, and leading companies shaping this transformative sector. Learn about the impact of remote patient monitoring, AI, and connected medical devices on healthcare delivery.

IoT In Healthcare Market was valued at $103.88 billion in 2023, and is predicted to reach $370.59 billion by 2030, with a CAGR of 19.90% from 2024 to 2030.

Internet of Things (IoT) in Healthcare Market Outlook

The global IoT in healthcare market size was valued at USD 72 billion in 2023 and is projected to reach USD 280 billion by 2032, growing at a compound annual growth rate (CAGR) of 16.2% during the forecast period. This growth is primarily driven by the increasing adoption of connected devices in healthcare, advancements in healthcare IT infrastructure, and the rising demand for real-time health monitoring solutions.

The primary growth factor for the IoT in healthcare market is the increasing prevalence of chronic diseases such as diabetes, cardiovascular diseases, and respiratory disorders. This rising occurrence has heightened the need for continuous monitoring and connected health solutions, making IoT indispensable in modern healthcare. Wearable devices and remote monitoring capabilities enable healthcare providers to keep track of patients' vital signs in real-time, reducing the need for frequent hospital visits and allowing for prompt intervention in case of anomalies. This not only improves patient outcomes but also reduces healthcare costs significantly.

Additionally, advancements in healthcare IT infrastructure and increasing investments in smart healthcare solutions are propelling the market forward. Governments and private entities are investing heavily in developing robust digital healthcare ecosystems. Integration of IoT in healthcare systems facilitates seamless data exchange between devices and healthcare providers, leading to better diagnosis and treatment plans. Furthermore, the rising adoption of electronic health records (EHRs) and the need for efficient health data management have accelerated the deployment of IoT solutions in healthcare settings.

Another significant driver is the growing popularity of telehealth services, especially accentuated by the COVID-19 pandemic. Telehealth leverages IoT technologies to provide remote consultations, diagnostics, and treatment. This not only ensures healthcare accessibility in remote and underserved regions but also mitigates the risks associated with in-person visits. The pandemic has acted as a catalyst for telehealth adoption, with many regions implementing policies favorable to its growth. These developments are expected to continue driving the IoT in healthcare market in the foreseeable future.

The concept of Connected Health M2M (Machine-to-Machine) is revolutionizing the healthcare industry by enabling seamless communication between medical devices and healthcare systems. This technology allows for the automatic exchange of data between devices, facilitating real-time monitoring and management of patient health. Connected Health M2M enhances the ability of healthcare providers to deliver timely and personalized care by ensuring that critical health data is always available. The integration of M2M technology in healthcare systems not only improves patient outcomes but also optimizes operational efficiency by reducing manual data entry and minimizing errors. As healthcare providers increasingly adopt connected health solutions, the role of M2M technology is becoming more prominent, driving innovation and efficiency in the industry.

Regionally, North America holds the largest market share due to its advanced healthcare infrastructure, high adoption rate of innovative technologies, and supportive government policies. The region's significant investment in healthcare IT and the presence of key market players further bolster its market position. Europe follows closely, driven by favorable regulations and increasing healthcare expenditure. The Asia Pacific region is expected to witness the highest growth rate, fueled by a rising geriatric population, increasing chronic disease prevalence, and growing investments in smart healthcare solutions in countries like China, Japan, and India.

Devices Analysis

The devices segment is a crucial component of the IoT in healthcare market, encompassing a wide range of connected devices such as wearable fitness trackers, implantable devices, and stationary monitors. These devices play a pivotal role in collecting real-time health data, which is essential for continuous patient monitoring and proactive healthcare management. Wearable devices, in particular, have gained immense popularity due to their ability to monitor vital signs, physical activity, and other health metrics continuously. These devices not only empower patients to take charge of their health but also provide healthcare profe

The IoT in Healthcare market is booming, with a projected CAGR of 18.74% through 2033. Discover key trends, drivers, and challenges shaping this rapidly expanding sector, including telemedicine, remote patient monitoring, and connected medical devices. Explore market size, segmentation, and leading companies. Recent developments include: March 2023- NVIDIA announced a strategic collaboration with Medtronic to accelerate the development of AI in the healthcare system and bring new AI-based solutions into patient care. The companies will integrate NVIDIA healthcare and edge AI technologies into Medtronic's GI Genius intelligent endoscopy module, designed and manufactured by Cosmo Pharmaceuticals. GI Genius is the first FDA-cleared AI-powered colonoscopy tool to help physicians identify polyps that may lead to colon cancer., September 2022 - Wipro GE Healthcare launched an AI-powered cath lab called Optima IGS320. It improves imaging vision to facilitate intelligence and accurate healthcare delivery. Social gantry movement allows for flexibility during surgeries, further lightening the load and increasing the attention of the doctors.. Notable trends are: Increased Digital Adoption in the Healthcare Sector.

The IoT in Healthcare market is booming, projected to reach $147.44 million in 2025 with a CAGR of 18.74% through 2033. Discover key drivers, trends, and challenges shaping this rapidly evolving sector, including telemedicine, remote patient monitoring, and data security considerations. Explore market segmentation and leading companies. Recent developments include: March 2023- NVIDIA announced a strategic collaboration with Medtronic to accelerate the development of AI in the healthcare system and bring new AI-based solutions into patient care. The companies will integrate NVIDIA healthcare and edge AI technologies into Medtronic's GI Genius intelligent endoscopy module, designed and manufactured by Cosmo Pharmaceuticals. GI Genius is the first FDA-cleared AI-powered colonoscopy tool to help physicians identify polyps that may lead to colon cancer., September 2022 - Wipro GE Healthcare launched an AI-powered cath lab called Optima IGS320. It improves imaging vision to facilitate intelligence and accurate healthcare delivery. Social gantry movement allows for flexibility during surgeries, further lightening the load and increasing the attention of the doctors.. Key drivers for this market are: Increase in the Adoption of Data Analytics in the Healthcare Sector, Reduction of the Total Cost of Sensing Devices. Potential restraints include: Data Privacy and Security Concerns, Requirement for High Initial Investments. Notable trends are: Increased Digital Adoption in the Healthcare Sector.

The Internet of Things (IoT) in Healthcare market is booming, projected to reach $213.2B in 2025 and grow at a CAGR of 10.2% to 2033. Discover key market drivers, trends, and challenges impacting wearable health tech, remote patient monitoring, and AI-driven diagnostics. Explore the leading companies shaping this transformative sector.