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Synopsis
The Internet of things is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect, collect and exchange data.The concept of the Internet of Things, or IoT, is spreading its wings wider and stronger in the current IT scenario, and is gradually taking part in every facet of our lives. Look at the way the healthcare industry wants to be connected with each and every thing associated with it. There is a high level of adoption of medical devices that are connected to each other. In fact, the adoption level shows an increasing trend and there will be more takers for these devices in the future.
The global IoT Medical Devices market size is expected to reach US$ 61740 million by 2029, growing at a CAGR of 15.0% from 2023 to 2029. The market is mainly driven by the significant applications of IoT Medical Devices in various end use industries. The expanding demands from the Hospital and Clinic, are propelling IoT Medical Devices market. Blood Pressure Monitor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Glucometer segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for IoT Medical Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global IoT Medical Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global IoT Medical Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, IoT Medical Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of IoT Medical Devices covered in this report include Abbott Laboratories, Alivecor, Biotronik, GE Healthcare, Johnson & Johnson, Omron, Medtronic, Philips and Siemens, etc.
The global IoT Medical Devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global IoT Medical Devices market, by region:
Global IoT Medical Devices market, Segment by Type:
Global IoT Medical Devices market, by Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of IoT Medical Devices manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of IoT Medical Devices in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 IoT Medical Devices Market Overview
1.1 IoT Medical Devices Product Overview
1.2 IoT Medical Devices Market Segment by Type
1.2.1 Blood Pressure Monitor
1.2.2 Glucometer
1.2.3 Cardiac Monitor
1.2.4 Pulse Oximeter
1.2.5 Infusion Pump
1.3 Global IoT Medical Devices Market Size by Type
1.3.1 Global IoT Medical Devices Market Size Overview by Type (2018-2029)
1.3.2 Global IoT Medical Devices Historic Market Size Review by Type (2018-2023)
1.3.3 Global IoT Medical Devices Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America IoT Medical Devices Sales Breakdown by Type (2018-2023)
1.4.2 Europe IoT Medical Devices Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific IoT Medical Devices Sales Breakdown by Type (2018-2023)
1.4.4 Latin America IoT Medical Devices Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa IoT Medical Devices Sales Breakdown by Type (2018-2023)
2 Global IoT Medical Devices Market Competition by Company
2.1 Global Top Players by IoT Medical Devices Sales (2018-2023)
2.2 Global Top Players by IoT Medical Devices Revenue (2018-2023)
2.3 Global Top Players by IoT Medical Devices Price (2018-2023)
2.4 Global Top Manufacturers IoT Medical Devices Manufacturing Base Distribution, Sales Area, Product Type
2.5 IoT Medical Devices Market Competitive Situation and Trends
2.5.1 IoT Medical Devices Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by IoT Medical Devices Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in IoT Medical Devices as of 2022)
2.7 Date of Key Manufacturers Enter into IoT Medical Devices Market
2.8 Key Manufacturers IoT Medical Devices Product Offered
2.9 Mergers & Acquisitions, Expansion
3 IoT Medical Devices Status and Outlook by Region
3.1 Global IoT Medical Devices Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global IoT Medical Devices Historic Market Size by Region
3.2.1 Global IoT Medical Devices Sales in Volume by Region (2018-2023)
3.2.2 Global IoT Medical Devices Sales in Value by Region (2018-2023)
3.2.3 Global IoT Medical Devices Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global IoT Medical Devices Forecasted Market Size by Region
3.3.1 Global IoT Medical Devices Sales in Volume by Region (2024-2029)
3.3.2 Global IoT Medical Devices Sales in Value by Region (2024-2029)
3.3.3 Global IoT Medical Devices Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global IoT Medical Devices by Application
4.1 IoT Medical Devices Market Segment by Application
4.1.1 Hospital
4.1.2 Clinic
4.2 Global IoT Medical Devices Market Size by Application
4.2.1 Global IoT Medical Devices Market Size Overview by Application (2018-2029)
4.2.2 Global IoT Medical Devices Historic Market Size Review by Application (2018-2023)
4.2.3 Global IoT Medical Devices Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America IoT Medical Devices Sales Breakdown by Application (2018-2023)
4.3.2 Europe IoT Medical Devices Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific IoT Medical Devices Sales Breakdown by Application (2018-2023)
4.3.4 Latin America IoT Medical Devices Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa IoT Medical Devices Sales Breakdown by Application (2018-2023)
5 North America IoT Medical Devices by Country
5.1 North America IoT Medical Devices Historic Market Size by Country
5.1.1 North America IoT Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America IoT Medical Devices Sales in Volume by Country (2018-2023)
5.1.3 North America IoT Medical Devices Sales in Value by Country (2018-2023)
5.2 North America IoT Medical Devices Forecasted Market Size by Country
5.2.1 North America IoT Medical Devices Sales in Volume by Country (2024-2029)
5.2.2 North America IoT Medical Devices Sales in Value by Country (2024-2029)
6 Europe IoT Medical Devices by Country
6.1 Europe IoT Medical Devices Historic Market Size by Country
6.1.1 Europe IoT Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe IoT Medical Devices Sales in Volume by Country (2018-2023)
6.1.3 Europe IoT Medical Devices Sales in Value by Country (2018-2023)
6.2 Europe IoT Medical Devices Forecasted Market Size by Country
6.2.1 Europe IoT Medical Devices Sales in Volume by Country (2024-2029)
6.2.2 Europe IoT Medical Devices Sales in Value by Country (2024-2029)
7 Asia-Pacific IoT Medical Devices by Region
7.1 Asia-Pacific IoT Medical Devices Historic Market Size by Region
7.1.1 Asia-Pacific IoT Medical Devices Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific IoT Medical Devices Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific IoT Medical Devices Sales in Value by Region (2018-2023)
7.2 Asia-Pacific IoT Medical Devices Forecasted Market Size by Region
7.2.1 Asia-Pacific IoT Medical Devices Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific IoT Medical Devices Sales in Value by Region (2024-2029)
8 Latin America IoT Medical Devices by Country
8.1 Latin America IoT Medical Devices Historic Market Size by Country
8.1.1 Latin America IoT Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America IoT Medical Devices Sales in Volume by Country (2018-2023)
8.1.3 Latin America IoT Medical Devices Sales in Value by Country (2018-2023)
8.2 Latin America IoT Medical Devices Forecasted Market Size by Country
8.2.1 Latin America IoT Medical Devices Sales in Volume by Country (2024-2029)
8.2.2 Latin America IoT Medical Devices Sales in Value by Country (2024-2029)
9 Middle East and Africa IoT Medical Devices by Country
9.1 Middle East and Africa IoT Medical Devices Historic Market Size by Country
9.1.1 Middle East and Africa IoT Medical Devices Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa IoT Medical Devices Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa IoT Medical Devices Sales in Value by Country (2018-2023)
9.2 Middle East and Africa IoT Medical Devices Forecasted Market Size by Country
9.2.1 Middle East and Africa IoT Medical Devices Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa IoT Medical Devices Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Abbott Laboratories
10.1.1 Abbott Laboratories Company Information
10.1.2 Abbott Laboratories Introduction and Business Overview
10.1.3 Abbott Laboratories IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Abbott Laboratories IoT Medical Devices Products Offered
10.1.5 Abbott Laboratories Recent Development
10.2 Alivecor
10.2.1 Alivecor Company Information
10.2.2 Alivecor Introduction and Business Overview
10.2.3 Alivecor IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Alivecor IoT Medical Devices Products Offered
10.2.5 Alivecor Recent Development
10.3 Biotronik
10.3.1 Biotronik Company Information
10.3.2 Biotronik Introduction and Business Overview
10.3.3 Biotronik IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Biotronik IoT Medical Devices Products Offered
10.3.5 Biotronik Recent Development
10.4 GE Healthcare
10.4.1 GE Healthcare Company Information
10.4.2 GE Healthcare Introduction and Business Overview
10.4.3 GE Healthcare IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GE Healthcare IoT Medical Devices Products Offered
10.4.5 GE Healthcare Recent Development
10.5 Johnson & Johnson
10.5.1 Johnson & Johnson Company Information
10.5.2 Johnson & Johnson Introduction and Business Overview
10.5.3 Johnson & Johnson IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Johnson & Johnson IoT Medical Devices Products Offered
10.5.5 Johnson & Johnson Recent Development
10.6 Omron
10.6.1 Omron Company Information
10.6.2 Omron Introduction and Business Overview
10.6.3 Omron IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Omron IoT Medical Devices Products Offered
10.6.5 Omron Recent Development
10.7 Medtronic
10.7.1 Medtronic Company Information
10.7.2 Medtronic Introduction and Business Overview
10.7.3 Medtronic IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Medtronic IoT Medical Devices Products Offered
10.7.5 Medtronic Recent Development
10.8 Philips
10.8.1 Philips Company Information
10.8.2 Philips Introduction and Business Overview
10.8.3 Philips IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Philips IoT Medical Devices Products Offered
10.8.5 Philips Recent Development
10.9 Siemens
10.9.1 Siemens Company Information
10.9.2 Siemens Introduction and Business Overview
10.9.3 Siemens IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Siemens IoT Medical Devices Products Offered
10.9.5 Siemens Recent Development
10.10 Boston Scientific
10.10.1 Boston Scientific Company Information
10.10.2 Boston Scientific Introduction and Business Overview
10.10.3 Boston Scientific IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Boston Scientific IoT Medical Devices Products Offered
10.10.5 Boston Scientific Recent Development
10.11 Honeywell Life Care Solutions
10.11.1 Honeywell Life Care Solutions Company Information
10.11.2 Honeywell Life Care Solutions Introduction and Business Overview
10.11.3 Honeywell Life Care Solutions IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Honeywell Life Care Solutions IoT Medical Devices Products Offered
10.11.5 Honeywell Life Care Solutions Recent Development
10.12 Biotelemetry
10.12.1 Biotelemetry Company Information
10.12.2 Biotelemetry Introduction and Business Overview
10.12.3 Biotelemetry IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Biotelemetry IoT Medical Devices Products Offered
10.12.5 Biotelemetry Recent Development
10.13 Agamatrix
10.13.1 Agamatrix Company Information
10.13.2 Agamatrix Introduction and Business Overview
10.13.3 Agamatrix IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Agamatrix IoT Medical Devices Products Offered
10.13.5 Agamatrix Recent Development
10.14 Ihealth Lab
10.14.1 Ihealth Lab Company Information
10.14.2 Ihealth Lab Introduction and Business Overview
10.14.3 Ihealth Lab IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Ihealth Lab IoT Medical Devices Products Offered
10.14.5 Ihealth Lab Recent Development
10.15 Stanley Healthcare
10.15.1 Stanley Healthcare Company Information
10.15.2 Stanley Healthcare Introduction and Business Overview
10.15.3 Stanley Healthcare IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Stanley Healthcare IoT Medical Devices Products Offered
10.15.5 Stanley Healthcare Recent Development
10.16 Welch Allyn
10.16.1 Welch Allyn Company Information
10.16.2 Welch Allyn Introduction and Business Overview
10.16.3 Welch Allyn IoT Medical Devices Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Welch Allyn IoT Medical Devices Products Offered
10.16.5 Welch Allyn Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 IoT Medical Devices Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 IoT Medical Devices Industrial Chain Analysis
11.4 IoT Medical Devices Market Dynamics
11.4.1 IoT Medical Devices Industry Trends
11.4.2 IoT Medical Devices Market Drivers
11.4.3 IoT Medical Devices Market Challenges
11.4.4 IoT Medical Devices Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 IoT Medical Devices Distributors
12.3 IoT Medical Devices Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research