Internet of Medical Things (IoMT) Market Report 2026: Total Revenue Close to USD 300 Billion by 2030

Dublin, March 30, 2026 (GLOBE NEWSWIRE) — The “Internet of Medical Things (IoMT) Market Report 2026” has been published in ResearchAndMarkets.com’s an offering.

The Internet of Medical Things (IoMT) market is growing rapidly, estimated to grow from $99.55 billion in 2025 to $124.26 billion in 2026 at a CAGR of 24.8%. Factors driving this growth include the rise of chronic diseases, the increasing use of wearable devices, the need for remote patient monitoring, and advances in medical sensors and healthcare services.

This growth continues as the market is expected to reach $298.41 billion by 2030 with a CAGR of 24.5%. Key growth drivers include AI integration, the expansion of telehealth, cloud-based platforms, a growing aging population, and the use of advanced diagnostic tools. Emerging trends are focused on remote patient care, the integration of wearable health devices, real-time analytics, healthcare alerts, and telemedicine services.

The adoption of IoT devices is boosting the IoMT market by improving data collection, decision making and efficiency. This growth is visible in regulatory matters, and Eurostat reports that 70.9% of the EU population will have used Internet-connected devices in 2024. Such development of connectivity helps to expand the applications of IoMT in health care.

Leading firms in the IoMT sector are developing their technology solutions to meet the need for continuous, real-time monitoring across hospital and home settings. For example, in October 2023, Dozee introduced Dozee Pro Ex, a connected monitoring system that uses wireless sensors for comprehensive patient monitoring. It has an AI-driven warning system for early detection of potential health declines, enhancing patient management compared to conventional bedside monitoring.

Strategic pricing is changing the nature of the IoMT. In April 2024, Omron Healthcare acquired Luscii Healthtech to expand its European footprint and advance its remote patient monitoring capabilities. Luscii specializes in a remote monitoring platform for more than 150 medical conditions, connecting different health services.

Major players in the IoMT market include Google LLC, Microsoft Corporation, Siemens Healthineers AG, Roche Diagnostics Corporation, and Qualcomm Life Inc. North America has the largest share of the market, but Asia-Pacific is poised for rapid growth. Affected regions such as North America, Europe and Asia-Pacific are facing tariff challenges, raising costs for imported medical equipment but also encouraging local innovation and supply chain diversification.

Report Scope

Find out which areas represent the largest and fastest-growing markets for IoMT and how the market connects to broader economic and demographic trends. The report discusses key factors affecting market dynamics, such as technological disruption and changing consumer preferences.

Markets Covered:

  • By Device Type: Wearable Devices; Stationary equipment; Embedded devices; Other resources
  • Please: Data Assortment and Analysis; Real Time Monitoring; Remote Medical Assistance; Tracking and Alerts; Other resources
  • By User: Healthcare Providers; Patients; Government Authorities; Other users

Components:

  • Wearable Devices include Smartwatches, Fitness Trackers, Health Monitors, Wearable ECG Monitors.
  • Standard Devices include Smart Beds, Vital Sign Monitors, Connected Diagnostic Devices, Telehealth Stations.
  • Implantable devices cover Pacemakers, Continuous Glucose Monitors, Neurostimulators, Drug Delivery Systems.
  • Other devices include Home Health Care Devices, Connected Inhalers, Medication Compliance Devices, Smart Thermometers.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

Locations: Asia-Pacific, Southeast Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time Series: Five years of history and ten years in advance.

Details: Estimates of market size and growth in related markets, GDP shares, per capita expenditure.

Breakdown of Points: Country and regional historical and forecast data, competitor market share, market segments.

Key Features

Report Attribute Details
No. of Pages 250
Time of Prophecy 2026-2030
Total Market Value (USD) in 2026 $ 124.26 billion
Predicted Market Value (USD) in 2030 $298.41 billion
Annual Growth Rate 24.5%
Areas Covered Worldwide

Companies featured in this Internet of Medical Things (IoMT) market report include:

  • Google LLC
  • Microsoft Corporation
  • Shares of Johnson & Johnson Services Inc.
  • Overview of Siemens Healthineers AG shares
  • Roche Diagnostics Corporation
  • Features of Cisco Systems Inc.
  • Qualcomm Life Inc. Group
  • Abbott laboratories
  • Oracle Corporation
  • Shares of Honeywell International Inc.
  • Medtronic PLC
  • Becton Dickinson and Company
  • Royal Philips Group NV
  • The Stryker Group
  • Shares of GE HealthCare Technologies Inc.
  • Boston Scientific Corporation
  • List of Zimmer Biomet Holdings Inc.
  • Zebra Technologies Corp.
  • Smith & Nephew PLC
  • Otsuka America Pharmaceutical Inc.
  • ResMed Group Inc.
  • AptarGroup Inc.
  • DexCom Inc. Shares
  • Agricultural Society
  • Shares of iRhythm Technologies Inc.
  • Merative LP
  • Capsule Technologies Inc. Share Description
  • Owlet Baby Care Inc.
  • AgaMatrix Inc.
  • AliveCor

To get more information about this report visit https://www.researchandmarkets.com/r/sd8ph6

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  • Internet Marketing of Medical Materials (IoMT).


            

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