IoT in Healthcare Market Revenue 2024 to 2034
IoT in Healthcare Market Revenue 2024 to 2034
The IoT in healthcare market is forecast to grow at a CAGR of 23.4%, from USD 70 billion in 2025 to USD 464.45 billion by 2034, over the forecast period from 2025 to 2034. The growing need for enhanced patient care, technological advancements, and increasing investments are the major growth factors of the market.
Report ID: 10074
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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 USD 56.73 Bn
Forecast Year,
USD USD 464.45 Bn
CAGR, 2025 -
23.4%
Report Coverage
Worldwide
Reviewed By
Aditi Shivarkar
Reviewed By
Aman Singh
IoT in Healthcare Market Size Analysis
IoT in Healthcare Market Size By Component 2024 to 2034 (USD )
| Component | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Medical Devices | 25.53 | 31.56 | 39.01 | 48.23 | 59.61 | 73.70 | 91.10 | 112.62 | 139.21 | 172.09 | 212.73 |
| System & Software | 15.88 | 19.58 | 24.14 | 29.75 | 36.67 | 45.21 | 55.73 | 68.69 | 84.67 | 104.38 | 128.66 |
| Services | 15.32 | 18.87 | 23.24 | 28.62 | 35.25 | 43.42 | 53.48 | 65.87 | 81.14 | 99.93 | 123.09 |
IoT in Healthcare Market Size By Connectivity Technology 2024 to 2034 (USD )
| Connectivity Technology | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cellular | 17.02 | 21.04 | 26.00 | 32.14 | 39.73 | 49.10 | 60.69 | 75.02 | 92.73 | 114.61 | 141.67 |
| LPWANs | 10.21 | 12.64 | 15.65 | 19.38 | 23.99 | 29.71 | 36.78 | 45.53 | 56.37 | 69.78 | 86.39 |
| Wi-Fi | 11.35 | 14.03 | 17.35 | 21.45 | 26.52 | 32.79 | 40.54 | 50.13 | 61.98 | 76.64 | 94.75 |
| Bluetooth | 6.81 | 8.37 | 10.30 | 12.66 | 15.57 | 19.15 | 23.56 | 28.97 | 35.63 | 43.81 | 53.88 |
| Zigbee | 5.67 | 6.97 | 8.55 | 10.50 | 12.89 | 15.83 | 19.43 | 23.85 | 29.28 | 35.95 | 44.13 |
| RFID | 5.67 | 6.96 | 8.54 | 10.47 | 12.84 | 15.75 | 19.31 | 23.68 | 29.04 | 35.61 | 43.66 |
IoT in Healthcare Market Size By Application 2024 to 2034 (USD )
| Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Telemedicine | 11.35 | 14.04 | 17.38 | 21.51 | 26.62 | 32.95 | 40.78 | 50.47 | 62.47 | 77.31 | 95.68 |
| Patient Monitoring | 15.88 | 19.63 | 24.26 | 29.98 | 37.04 | 45.78 | 56.57 | 69.90 | 86.38 | 106.75 | 131.91 |
| Connected Imaging | 8.51 | 10.49 | 12.92 | 15.93 | 19.63 | 24.19 | 29.81 | 36.73 | 45.26 | 55.78 | 68.74 |
| Clinical Operations | 7.94 | 9.78 | 12.04 | 14.83 | 18.26 | 22.48 | 27.68 | 34.09 | 41.97 | 51.68 | 63.63 |
| Medical Management | 7.37 | 9.11 | 11.27 | 13.92 | 17.21 | 21.27 | 26.28 | 32.48 | 40.14 | 49.61 | 61.31 |
| Others | 5.67 | 6.95 | 8.52 | 10.44 | 12.79 | 15.66 | 19.19 | 23.51 | 28.79 | 35.27 | 43.20 |
IoT in Healthcare Market Size By End-use 2024 to 2034 (USD )
| End-use | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hospitals and Clinics | 29.50 | 36.44 | 45.01 | 55.59 | 68.66 | 84.82 | 104.76 | 129.40 | 159.83 | 197.42 | 243.85 |
| Clinical Research Organizations | 9.08 | 11.19 | 13.79 | 16.99 | 20.94 | 25.81 | 31.81 | 39.20 | 48.32 | 59.55 | 73.39 |
| Research and Diagnostic Laboratories | 12.48 | 15.42 | 19.06 | 23.55 | 29.10 | 35.96 | 44.43 | 54.90 | 67.84 | 83.82 | 103.58 |
| Others | 5.67 | 6.96 | 8.54 | 10.47 | 12.84 | 15.75 | 19.31 | 23.68 | 29.04 | 35.61 | 43.66 |
IoT in Healthcare Market Size By Region 2024 to 2034 (USD )
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 21.56 | 26.58 | 32.78 | 40.41 | 49.83 | 61.44 | 75.76 | 93.41 | 115.18 | 142.02 | 175.11 |
| Europe | 15.32 | 18.89 | 23.31 | 28.75 | 35.46 | 43.75 | 53.96 | 66.57 | 82.11 | 101.29 | 124.95 |
| Asia-Pacific | 12.48 | 15.43 | 19.07 | 23.58 | 29.15 | 36.04 | 44.55 | 55.07 | 68.08 | 84.16 | 104.04 |
| Latin America | 3.97 | 4.91 | 6.06 | 7.49 | 9.26 | 11.44 | 14.14 | 17.48 | 21.60 | 26.69 | 32.98 |
| Middle East & Africa | 3.40 | 4.19 | 5.17 | 6.36 | 7.84 | 9.66 | 11.90 | 14.66 | 18.06 | 22.25 | 27.40 |
IoT in Healthcare Market
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