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Internet of Medical Things (IoMT) Market Forecast

Report ID: FBI 4813

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Published Date: Jul-2024

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Format : PDF, Excel

Regional Forecast:

North America: The Internet of Medical Things market in North America is expected to witness significant growth, driven by the presence of established healthcare infrastructure, increasing adoption of digital technologies in the healthcare sector, and growing awareness among consumers about the benefits of IoMT devices and solutions. The United States and Canada are the key markets in this region, with a high incidence of chronic diseases and a growing aging population driving the demand for connected healthcare devices and services.

Asia Pacific: In Asia Pacific, countries like China, Japan, and South Korea are witnessing rapid adoption of Internet of Medical Things technologies, supported by government initiatives to promote digital health solutions, increasing healthcare spending, and a large patient population. The market is expected to expand further in the coming years, driven by advancements in telemedicine, remote patient monitoring, and wearable health trackers.

Europe: The Internet of Medical Things market in Europe, particularly in countries like the United Kingdom, Germany, and France, is experiencing steady growth due to the presence of stringent regulatory frameworks, a well-established healthcare system, and increasing investments in digital health infrastructure. The region is witnessing a surge in the adoption of IoMT devices and services, driven by the need for remote patient monitoring, personalized healthcare solutions, and improved healthcare outcomes.

Internet of Medical Things (IoMT) Market

Largest Region

North America

37% Market Share in 2023

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Internet of Medical Things (IoMT) Market Size & Sh...

RD Code : 24