Internet of Medical Things (IoMT) Market Size, Share and Growth Analysis 2026 to 2035

Report Id: 1559 Pages: 160 Last Updated: 09 February 2026 Format: PDF / PPT / Excel / Power BI
Share With : linkedin twitter facebook

Segmentation of Internet of Medical Things (IoMT) Market-

Internet of Medical Things (IoMT) Market By Component

  • Hardware
  • Software
  • Services

Internet Of Medical Things (IOMT) Market seg

Internet of Medical Things (IoMT) Market By Platform

  • Device Management
  • Application Management
  • Cloud Management

Internet of Medical Things (IoMT) Market By Mode of Service Delivery

  • On-Premise
  • Cloud

Internet of Medical Things (IoMT) Market By Connectivity Devices

  • Wired
  • Wireless

Internet of Medical Things (IoMT) Market By Application

  • Telemedicine
  • Clinical Operations & Workflow Management
  • Connected Imaging
  • Medication Management
  • Inpatient Monitoring
  • Others

Internet of Medical Things (IoMT) Market By End-User

  • Hospitals
  • Clinics
  • Research Institutes
  • Academics
  • Homecare
  • Others

Internet of Medical Things (IoMT) Market By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

Chapter 1. Methodology and Scope

1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Internet of Medical Things (IoMT) Market Snapshot

Chapter 4. Global Internet of Medical Things (IoMT) Market Variables, Trends & Scope

4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Component Estimates & Trend Analysis

5.1. by Component & Market Share, 2025 & 2035
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Component:

5.2.1. Hardware
5.2.2. Software
5.2.3. Services

Chapter 6. Market Segmentation 2: by Platform Estimates & Trend Analysis

6.1. by Platform & Market Share, 2025 & 2035
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Platform:

6.2.1. Device Management
6.2.2. Application Management
6.2.3. Cloud Management

Chapter 7. Market Segmentation 3: by Mode of Service Delivery Estimates & Trend Analysis

7.1. by Mode of Service Delivery & Market Share, 2025 & 2035
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Mode of Service Delivery:

7.2.1. On-Premise
7.2.2. Cloud

Chapter 8. Market Segmentation 4: by Connectivity Devices Estimates & Trend Analysis

8.1. by Connectivity Devices & Market Share, 2025 & 2035
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Connectivity Devices:

8.2.1. Wired
8.2.2. Wireless

Chapter 9. Market Segmentation 5: by Application Estimates & Trend Analysis

9.1. by Application & Market Share, 2025 & 2035
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by Application:

9.2.1. On-Body Devices
9.2.2. Healthcare Providers
9.2.3. Home-Use Medical Devices
9.2.4. Community
9.2.5. Others

Chapter 10. Market Segmentation 6: by End-user Estimates & Trend Analysis

10.1. by End-user & Market Share, 2025 & 2035
10.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2022 to 2035 for the following by End-user:

10.2.1. Hospitals
10.2.2. Clinics
10.2.3. Research Institutes
10.2.4. Academics
10.2.5. Homecare
10.2.6. Others

Chapter 11. Internet of Medical Things (IoMT) Market Segmentation 8: Regional Estimates & Trend Analysis

11.1. North America

11.1.1. North America Internet of Medical Things (IoMT) Market Revenue (US$ Million) Estimates and Forecasts by Component, 2022-2035
11.1.2. North America Internet of Medical Things (IoMT) Market Revenue (US$ Million) Estimates and Forecasts by Platform, 2022-2035
11.1.3. North America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Mode of Service Delivery, 2022-2035
11.1.4. North America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Connectivity Devices, 2022-2035
11.1.5. North America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Application, 2022-2035
11.1.6. North America Internet of Medical Things (IoMT) Market revenue (US$ Million) by End-user, 2022-2035
11.1.7. North America Internet of Medical Things (IoMT) Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2035

11.2. Europe

11.2.1. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by Component, 2022-2035
11.2.2. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by Platform, 2022-2035
11.2.3. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by Mode of Service Delivery, 2022-2035
11.2.4. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by Connectivity Devices, 2022-2035
11.2.5. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by Application, 2022-2035
11.2.6. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by End-user, 2022-2035
11.2.7. Europe Internet of Medical Things (IoMT) Market revenue (US$ Million) by country, 2022-2035

11.3. Asia Pacific

11.3.1. Asia Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by Component, 2022-2035
11.3.2. Asia Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by Platform, 2022-2035
202411.3.3. Asia-Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by Mode of Service Delivery, 2022-2035
11.3.4. Asia Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by Connectivity Devices, 2022-2035
11.3.5. Asia Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by Application, 2022-2035
11.3.6. Asia Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by End-user, 2022-2035
11.3.7. Asia Pacific Internet of Medical Things (IoMT) Market revenue (US$ Million) by country, 2022-2035

11.4. Latin America

11.4.1. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Component, 2022-2035
11.4.2. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Platform, 2022-2035
11.4.3. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Mode of Service Delivery, 2022-2035
11.4.4. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Connectivity Devices, 2022-2035
11.4.5. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by Application, 2022-2035
11.4.6. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by End-user, 2022-2035
11.4.7. Latin America Internet of Medical Things (IoMT) Market revenue (US$ Million) by country, 2022-2035

11.5. Middle East & Africa

11.5.1. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by Component, 2022-2035
11.5.2. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by Platform, 2022-2035
11.5.3. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by Mode of Service Delivery, 2022-2035
11.5.4. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by Connectivity Devices, 2022-2035
11.5.5. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by Application, 2022-2035
11.5.6. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by End-user, 2022-2035
11.5.7. Middle East & Africa Internet of Medical Things (IoMT) Market revenue (US$ Million) by country, 2022-2035

Chapter 12. Competitive Landscape

12.1. Major Mergers and Acquisitions/Strategic Alliances

12.2. Company Profiles


12.2.1. Siemens (Germany)
12.2.2. General Electric (U.S.)
12.2.3. Biotronik SE & Co. KG (Germany)
12.2.4. Medtronic (Ireland)
12.2.5. Boston Scientific Corporation (U.S.)
12.2.6. Hill-Rom Services, Inc. (U.S.)
12.2.7. Neurometrix, Inc. (U.S.)
12.2.8. Honeywell International Inc. (U.S.)
12.2.9. VitaConnect (U.S.), EKso Bionics (U.S.)
12.2.10. BL Healthcare, Inc. (U.S.)
12.2.11. BioSerenity
12.2.12. Koninklijke Philips N.V. (Netherlands)
12.2.13. Lenovo (China)
12.2.14. AliveCor, Inc. (U.S.)
12.2.15. Other Prominent Players

Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

Name field cannot be blank!
Email field cannot be blank!(Use email format)
Designation field cannot be blank!
Company field cannot be blank!
Contact No field cannot be blank!
Message field cannot be blank!
8151
Security Code field cannot be blank!

Frequently Asked Questions

Internet Of Medical Things (IOMT) Market Size is valued at USD 281.19 billion in 2025 and is predicted to reach USD 1680.57 billion by the year 2035

Internet of Medical Things Market expected to grow at 20.1% CAGR during the forecast period for 2026 to 2035

Siemens (Germany), General Electric (U.S.), Biotronik SE & Co. KG (Germany), Medtronic (Ireland), Boston Scientific Corporation (U.S.), others

Internet of Medical Things Market is segmented on the component, platform, service delivery, connectivity services, applications and end-use.

North America region is leading the Internet of Medical Things Market.

Report License Selection

Determine the Appropriate License for your Report

Get Sample Report Enquiry Before Buying