Internet of Medical Things (IoMT) Market Revenue 2024 to 2034
Internet of Medical Things (IoMT) Market Revenue 2024 to 2034
The IoMT market is set to surge from USD 225.81 Bn in 2024 to USD 2,293.77 Bn by 2034, at a 26.09% CAGR, driven by AI integration, connected medical devices, telehealth expansion, and real-time remote patient monitoring.
Report ID: 10617
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Format: Databook
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Published: August 2025
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Delivery: Immediate
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Revenue,
USD 225.81 Bn
Forecast Year,
USD 2,293.77 Bn
CAGR, 2025 -
26.09%
Report Coverage
Worldwide
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
Internet of Medical Things (IoMT) Market Size Analysis
Internet of Medical Things (IoMT) Market Size By Component 2024 to 2034 (USD )
| Component | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Devices | 121.94 | 154.44 | 195.60 | 247.72 | 313.73 | 397.32 | 503.17 | 637.22 | 806.97 | 1021.93 | 1294.12 |
| Software | 49.68 | 62.34 | 78.23 | 98.16 | 123.17 | 154.55 | 193.91 | 243.29 | 305.25 | 382.96 | 480.45 |
| Services | 54.19 | 67.95 | 85.19 | 106.79 | 133.88 | 167.83 | 210.37 | 263.70 | 330.52 | 414.26 | 519.20 |
Internet of Medical Things (IoMT) Market Size By Application 2024 to 2034 (USD )
| Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Remote Patient Monitoring | 63.23 | 79.65 | 100.33 | 126.39 | 159.21 | 200.55 | 252.63 | 318.23 | 400.86 | 504.93 | 636.02 |
| Telemedicine | 49.68 | 62.98 | 79.86 | 101.25 | 128.37 | 162.76 | 206.37 | 261.66 | 331.77 | 420.68 | 533.41 |
| Medication Management | 36.13 | 45.70 | 57.80 | 73.11 | 92.48 | 116.97 | 147.96 | 187.16 | 236.75 | 299.48 | 378.84 |
| Asset Tracking | 27.10 | 33.73 | 41.98 | 52.23 | 64.96 | 80.78 | 100.41 | 124.78 | 155.01 | 192.50 | 238.97 |
| Others | 49.68 | 62.66 | 79.04 | 99.70 | 125.76 | 158.62 | 200.09 | 252.38 | 318.35 | 401.57 | 506.53 |
Internet of Medical Things (IoMT) Market Size By End-use 2024 to 2034 (USD )
| End-use | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hospitals | 103.87 | 131.30 | 165.97 | 209.81 | 265.22 | 335.28 | 423.85 | 535.83 | 677.41 | 856.40 | 1082.72 |
| Homecare | 63.23 | 79.53 | 100.04 | 125.82 | 158.25 | 199.04 | 250.33 | 314.82 | 395.92 | 497.89 | 626.10 |
| Clinics/Other | 58.71 | 73.89 | 93.00 | 117.04 | 147.30 | 185.37 | 233.28 | 293.56 | 369.42 | 464.86 | 584.95 |
Internet of Medical Things (IoMT) Market Size By Region 2024 to 2034 (USD )
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 81.29 | 102.42 | 129.05 | 162.59 | 204.86 | 258.10 | 325.18 | 409.69 | 516.16 | 650.29 | 819.28 |
| Europe | 63.23 | 80.00 | 101.24 | 128.11 | 162.11 | 205.15 | 259.62 | 328.56 | 415.82 | 526.26 | 666.07 |
| Asia Pacific | 65.48 | 82.60 | 104.18 | 131.40 | 165.73 | 209.04 | 263.66 | 332.55 | 419.45 | 529.07 | 667.32 |
| Latin America | 9.03 | 11.34 | 14.23 | 17.86 | 22.41 | 28.12 | 35.29 | 44.27 | 55.54 | 69.68 | 87.40 |
| Middle East & Africa | 6.77 | 8.36 | 10.32 | 12.72 | 15.67 | 19.29 | 23.72 | 29.14 | 35.77 | 43.85 | 53.71 |
Internet of Medical Things (IoMT) Market
Internet of Medical Things (IoMT) Market
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