The global Internet of Medical Things (IoMT) market is projected to grow at a CAGR of 19.6% by 2035.
The Internet of Medical Things (IoMT) Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Widespread Integration of IoT in the Medical Field
The healthcare industry has witnessed a notable surge in the adoption of Internet of Things (IoT) technologies, driven by the need to enhance patient outcomes and streamline hospital operations. Critical medical equipment such as CT scanners, ventilators, monitors, infusion pumps, MRI systems, digital radiography (DR) units, and high-frequency X-ray machines require consistent and uninterrupted functionality. However, factors such as environmental conditions, component degradation, and power supply fluctuations can compromise their reliability over time. Malfunctions not only disrupt clinical workflows but also pose serious risks to patient safety and institutional reputation. The integration of IoT into these medical devices represents a transformative shift-enabling real-time monitoring, predictive maintenance, and data-driven decision-making that fundamentally improves diagnosis, treatment, and overall care delivery.
What would be the Impact of US Trade Tariffs on the Global Internet of Medical Things (IoMT) Market?
The imposition of U.S. trade tariffs on key components and devices used in the Internet of Medical Things (IoMT) market could have a cascading impact on global supply chains, increasing production costs and delaying innovation cycles. Since many IoMT devices rely on imported sensors, semiconductors, and communication modules-often sourced from China and other Asian countries-tariffs on these inputs may lead to price inflation, affecting device affordability and market penetration, especially in cost-sensitive regions. Moreover, multinational companies operating in the U.S. may face operational inefficiencies or consider shifting manufacturing and sourcing strategies, which could disrupt delivery timelines. Start-ups and mid-sized firms might struggle the most, as they typically lack the scale to absorb tariff-induced cost hikes. In the long term, trade tensions could encourage diversification of supply chains or localisation of production, but in the short term, tariffs introduce uncertainty, increase compliance burdens, and pose risks to the seamless global expansion of IoMT technologies.
What Questions Should You Ask before Buying a Market Research Report?
- How is the internet of medical things (IoMT) market evolving?
- What is driving and restraining the internet of medical things (IoMT) market?
- How will each internet of medical things (IoMT) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2035?
- How will the market shares for each internet of medical things (IoMT) submarket develop from 2025 to 2035?
- What will be the main driver for the overall market from 2025 to 2035?
- Will leading internet of medical things (IoMT) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2035 and which geographical region will lead the market in 2035?
- Who are the leading players and what are their prospects over the forecast period?
- What are the internet of medical things (IoMT) projects for these leading companies?
- How will the industry evolve during the period between 2025 and 2035? What are the implications of
- internet of medical things (IoMT) projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the internet of medical things (IoMT) market?
- Where is the internet of medical things (IoMT) market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the internet of medical things (IoMT) market today, and over the next 10 years:
- Our 287-page report provides 101 tables and 192 charts/graphs exclusively to you.
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- It contains in-depth analysis of global, regional and national sales and growth.
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- Forecasts to 2035 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2035, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, and restraints), Porter,Aos Five Forces Analysis, PEST Analysis and recent developments.
Segments Covered in the Report
- Component
- Hardware
- Software
- Services
- Deployment
- On-premises
- Cloud
- Application
- Telemedicine
- Clinical Operations & Workflow Management
- Connected Imaging
- Medication Management
- Inpatient Monitoring
- Others
- End-users
- Homecare
- Clinics
- Hospitals
- Research Institutes & Academics
- Others
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 22 leading national markets:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Singapore
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- GCC
- South Africa
- Rest of MEA
The report also includes profiles for some of the leading companies in the Internet of Medical Things (IoMT) Market, 2025 to 2035, with a focus on this segment of these companies'operations.
- Leading companies and the potential for market growth
- Baxter (Hill-Rom Services, Inc.)
- Bio Techne Corp
- Biotronik
- Boston Scientific Corporation
- Cisco Systems, Inc.
- GE Healthcare
- IBM Corporation
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- Medtronic
- Siemens
Overall world revenue for Internet of Medical Things (IoMT) Market, 2025 to 2035 in terms of value the market will surpass US$175 billion in 2025, our work calculates. We predict strong revenue growth through to 2035. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
- How will the Internet of Medical Things (IoMT) Market, 2025 to 2035 report help you?
- In summary, our 280+ page report provides you with the following knowledge:
- Revenue forecasts to 2035 for Internet of Medical Things (IoMT) Market 2025 to 2035, with forecasts for Component, Deployment, Application, and End-users, each forecast at a global and regional level - discover the industry,Aos prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2035 for five regional and 22 key national markets - See forecasts for the Internet of Medical Things (IoMT) Market, 2025 to 2035 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 11 of the major companies involved in the Internet of Medical Things (IoMT) Market, 2025 to 2035.
- Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
- Information found nowhere else
- With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain,Aos study is for everybody needing commercial analyses for the Internet of Medical Things (IoMT) Market 2025 to 2035, market-leading companies. You will find data, trends and predictions.