Internet of Medical Things Market is Booming Right Now, let’s Understand Market Size, Share and Forecast till 2028

Worldwide Internet of Medical Things Market report 2022 offers the market data on the specific market situation, patterns and standpoint for report. Report covers global share, size, growth, business innovations, key straints, various key aspects of the industry. It containes market openings, challenges, patterns, business systems and most recent developments in the business. It gives complete outline of business improvement plans of top producers, current industry status, development sections and future degree.


The global Internet of Medical Things (IoMT) Market size was USD 41.17 billion in 2020. Based on our analysis, the global market exhibited a positive growth of 71.3% in 2020 compared to the average year-on-year growth during 2017-2019. The market is projected to grow from USD 30.79 billion in 2021 to USD 187.60 billion in 2028 at a CAGR of 29.5% during the 2021-2028 period.


The Global Internet of Medical Things Market Size 2022 is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled Internet of Medical Things Market Size, Share and Trends Forecast [2020-2028]. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

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Top Companies present in the Internet of Medical Things Market Size Report are:


  • Boston Scientific Corporation (Marlborough, U.S.)
  • General Electric Company (GE Healthcare) (Chicago, U.S.)
  • Johnson & Johnson Services, Inc. (New Brunswick, U.S.)
  • Medtronic (Dublin, Ireland)
  • Koninklijke Philips N.V. (Amsterdam, Netherlands)
  • Siemens Healthineers AG (Munich, Germany)
  • Cisco (San Jose, U.S.)
  • IBM (Armonk, U.S.)
  • Hill-Rom Services, Inc. (Welch Allyn) (Indiana, U.S.)
  • BIOTRONIK (Berlin, Germany)


The Internet of Medical Things Market Size report considers the micro and macro aspect of all the market forces which help the companies to adopt the different tactics to propel their market growth and make the important strategic decision of their crucial investment planning. This report also identifies the factors responsible for each gap and technology’s influence on each gap.

Internet of Medical Things Market Drivers:

The internet of health things helps to reduce patient costs significantly, thereby reducing the burden of healthcare costs on patients and governments. The relationship between IoMT and medtech companies is valuable in strengthening the healthcare organizations to accomplish better outcomes, improve efficiency and deliver advanced care to the patients. Companies are aiming to empower and transform the care given to patients. Additionally, companies are actively focusing on investing in IoT technology along with government organizations. According to the McKinsey study, the IoT deployments in the healthcare industry are expected to grow faster than any other industry. Also, the study states that IoMT is likely to have a global economic impact of USD 1.6 trillion by 2025. Moreover, the World Telecommunication Development Conference projected that by the end of 2020, 40% of the IoT technology would be healthcare-driven. This is expected to bolster the internet of medical things market growth.

Points Covered in The Report:

  • The points that are discussed within the Internet of Medical Things Market report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
  • The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report.
  • The Internet of Medical Things Market report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
  • Data and information by manufacturer, by region, by type, by application and custom research can be added according to specific requirements.
  • The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

Some of the key questions answered in this report:

  • What will the market growth rate, growth momentum or acceleration market carries during the forecast period?
  • Which are the key factors driving the Internet of Medical Things Market?
  • What was the size of the emerging Internet of Medical Things Market by value in 2020?
  • What will be the size of the emerging Internet of Medical Things Market in 2025?
  • Which region is expected to hold the highest market share in the Internet of Medical Things Market?
  • What trends, challenges and barriers will impact the development and sizing of the Global Internet of Medical Things Market?
  • What are sales volume, revenue, and price analysis of top manufacturers of Internet of Medical Things Market?
  • What are the Internet of Medical Things Market opportunities and threats faced by the vendors in the global Industry?

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Internet of Medical Things Market Segments Analysis:

  • By Product Type Internet of Medical Things Market categorized into Systems, Transducers
  • By Product Internet of Medical Things Market categorized into Cart/Trolley Based, Portable.
  • By Application Internet of Medical Things Market categorized into Diagnostic, Image-guided Treatment.
  • By End User Internet of Medical Things Market categorized into Diagnostic Laboratories, Hospitals.
  • By Region Internet of Medical Things Market categorized into – North America (United States, Canada and Mexico), Europe (Germany, UK, France, Italy, Russia and Turkey), Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam), South America (Brazil, Argentina, Columbia etc.) And Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Detailed TOC of Global Internet of Medical Things Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading Countries

1 Market Overview

1.1 Product Definition and Market Characteristics

1.2 Global Internet of Medical Things Market Size

1.3 Market Segmentation

1.4 Global Macroeconomic Analysis

1.5 SWOT Analysis

  1. Market Dynamics

2.1 Market Drivers

2.2 Market Constraints and Challenges

2.3 Emerging Market Trends

2.4 Impact of COVID-19

2.4.1 Short-term Impact

2.4.2 Long-term Impact

3 Associated Industry Assessment

3.1 Supply Chain Analysis

3.2 Industry Active Participants

3.2.1 Suppliers of Raw Materials

3.2.2 Key Distributors/Retailers

3.3 Alternative Analysis

3.4 The Impact of Covid-19 From the Perspective of Industry Chain

4 Market Competitive Landscape

4.1 Industry Leading Players

4.2 Industry News

4.2.1 Key Product Launch News

4.2.2 M and A and Expansion Plans

5 Analysis of Leading Companies

6 Market Analysis and Forecast, By Product Types

6.1 Global Internet of Medical Things Market Sales, Revenue and Share by Types (2017-2022)

6.1.1 Global Internet of Medical Things Market Sales and Share by Types (2017-2022)

6.1.2 Global Internet of Medical Things Market Revenue and Share by Types (2017-2022)

6.1.3 Global Internet of Medical Things Market Price by Types (2017-2022)

6.2 Global Market Forecast by Types (2017-2022)

6.2.1 Global Market Forecast Sales and Market Share by Types (2022-2029)

6.2.2 Global Internet of Medical Things Market Forecast Revenue and Share by Types (2022-2029)

6.3 Global Sales, Price and Growth Rate by Types (2017-2022)

ToC Continue…

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