Internet of Medical Things Market Size and Growth
The Internet of Medical Things (IoMT) market is experiencing significant growth, driven by increased demand for remote patient monitoring and healthcare efficiency. The market size is projected to reach approximately $158 billion by 2027, reflecting a compound annual growth rate of around 27% due to technological advancements and rising healthcare investments.
Companies Covered
(Covid 19 Impact Covered)
◍ Koninklijke Philips NV
◍ Drägerwerk AG & Co. KGaA
◍ Biotronik
◍ Boston Scientific
◍ Telit
◍ Comarch
◍ KaaIoT Technologies
◍ Rayven
◍ ScienceSoft
◍ SIMON IoT
◍ OSP
◍ Azure IoT
◍ Ocamar
◍ Neusoft
◍ Hosiot
The Internet of Medical Things (IoMT) market features key players like Koninklijke Philips NV, Drägerwerk AG, and Boston Scientific, enhancing healthcare through connected devices and data analytics. Their technologies improve patient monitoring, streamline operations, and foster innovation, driving market growth.
Notable sales revenues include Philips ($19.5B) and Boston Scientific ($11.7B).
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Market Segmentation
By Application
Remote Health Monitoring
Telehealth
Smart Hospital
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By Product
Software
Devices
Market Growth
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$ 2.80 Billion
