How big is the Iot Market in Healthcare | Size, Scope & Future Trends 2025

Q: Who are the major players in the IoT healthcare market?

Key companies include GE Healthcare, Medtronic, Philips, Cisco Systems, and IBM Corporation.

Q: What is driving growth in the IoT healthcare market?

Key drivers include the rise in remote patient monitoring, smart medical devices, and real-time health data analytics.

Q: What are the major applications of IoT in healthcare?

Applications span across patient monitoring, connected imaging, telehealth, and chronic disease management.

Q: What is the expected size of IoT market in healthcare by 2031?

The IoT healthcare market is expected to cross USD 393.4 Billion by 2031.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6552

Publication Date: Jul 2025

How Big Is the Iot Market in Healthcare?

According to 6Wresearch internal database and industry insights, the IoT market in healthcare was valued at USD 148.8 Billion in 2024 and is projected to exceed USD 393.4 Billion by 2031, expanding at a CAGR of 14.9% during the forecast period (2025–2031).

This remarkable growth is driven by surging demand for connected medical devices, real-time patient monitoring, and predictive healthcare analytics. Furthermore, rising investments in telemedicine and hospital automation are significantly contributing to market expansion.

Key Growth Factors of the IoT Market in Healthcare

There has been widespread adoption of remote patient monitoring and telehealth platforms
Mounting usage of wearables and implantable devices for chronic disease management
Demand for real-time data analytics in clinical decision-making
Development of AI-integrated IoT solutions for predictive diagnostics
Government initiatives for digitizing healthcare infrastructure globally
Advent of 5G enabling faster, low-latency healthcare IoT deployments

IoT in Healthcare Market Trends

IoT in Healthcare Market is witnessing a major technological shift with the growing use of AI-driven analytics, blockchain for secure data sharing, and smart hospital solutions. Medical devices embedded with IoT sensors are enabling proactive patient care.

Interoperability standards are improving, facilitating seamless integration between electronic health records (EHR) and connected devices. Additionally, cloud-based platforms and edge computing are becoming foundational to scalable IoT healthcare systems.

Emerging Developments in the IoT Market in Healthcare

IoT Market in Healthcare is evolving with key innovations such as digital twins for patient simulation, cybersecurity-enhanced medical IoT, and augmented reality-based remote surgeries. Startups are increasingly focusing on personalized healthcare solutions using continuous data streams from IoT devices. Smart ambulances, AI-enabled diagnostics, and biosensor patches are gaining traction in both developed and emerging healthcare ecosystems.