IoT in Healthcare Market Will Gain $188.2 Billion by 2025

The global Internet of Things (IoT) in healthcare market size is expected to grow from USD 72.5 billion in 2020 to USD 188.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period.


Northbrook, IL -- (SBWIRE) -- 01/20/2021 -- According to a new market research report "IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 72.5 billion in 2020 to USD 188.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period.

Key factors driving the IoT in healthcare market include rising focus on active patient engagement and patient-centric care, growing need for adoption of cost-control measures in the healthcare sector, and growth of high-speed network technologies for IoT connectivity.

Browse in-depth TOC on "IoT in Healthcare Market"
380- Tables
45- Figures
307- Pages

Request Sample Pages @

By application, the telemedicine segment to hold the largest market size during the forecast period

The telemedicine segment to hold the largest market size during the forecast period. Telemedicine is an information- and communication-based system, which is developed to deliver diagnostics and healthcare services electronically, providing information on a patients condition to patients and doctors, clinics, and other staff. The telecommunication infrastructure used to exchange information is maneuvered for improvement, sustaining, and assisting a patient's health status.

By end user, the clinical research organizations segment to grow at the highest rate during the forecast period

Clinical research organizations are also one of the larger IoT solution adopters among all segments. They support research institutes, universities, and government organizations, with many clinical research organizations specifically providing clinical-study and clinical-trial support for drugs and/or medical devices.

North America to hold the largest market size during the forecast period

North America is expected to account for the largest market size in the IoT in healthcare market by region during the forecast period. The region houses various IoT-based healthcare solution providers who are continuously engaged in delivering innovative solutions. Increasing need to reduce costs associated with support services and demand for self-health management solutions is expected to boost the adoption of IoT in healthcare technology in North America.

Download PDF Brochure @

The IoT in healthcare market comprises major solution providers, such as Agamatrix (US), Armis (US), Bosch (Germany), Capsule Technologies (US), Comarch SA (Poland), Cisco Systems (US), GE Healthcare (US), HQSoftware (Estonia), Huawei (China), IBM Corporation (US), Intel (US), KORE Wireless (US), Medtronic (Ireland), Microsoft Corporation (US), Oracle (US), OSP Labs (US), Oxagile (US), PTC (US), Resideo Technologies (US), Royal Philips (Netherlands), R-Style Labs (US), SAP SE (Germany), Sciencesoft (US), Siemens (Germany), Softweb Solutions (US), STANLEY Healthcare (US), Telit (UK), and Welch Allyn (US). The study includes an in-depth competitive analysis of key players in the IoT in healthcare market with their company profiles, recent developments, and key market strategies.

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
MnM Blog:
Content Source: