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Internet of Medical Things (IoMT) Market is Expected to Witness Market Growth at a Rate of 24.60% by 2021 to 2028 – : Industry Perspective, COVID-19 Impact Analysis, Size, Growth, Trends and Forecast

In a rapidly changing marketplace, companies must opt for a broad range to have effectual business growth and Global Internet-of-Medical-Things (IoMT) Market report is right there to serve this purpose at the best. This market report includes historic data, present market trends, environment, technological innovation, upcoming technologies, and the technical progress in the related industry. The report is generated with a nice blend of industry insight, practical solutions, talent solutions, and the use of technology to improve customer experience.

The internet of medical things (IoMT) market is expected to witness market growth at a rate of 24.60% in the forecast period of 2021 to 2028. Data Bridge Market Research report on internet of medical things (IoMT) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.

Internet of medical things (IoMT) is a combined infrastructure of medical devices, software applications, and health systems and services, which is swiftly transforming the medical technology’s role within the health care. Internet of medical things is aiding the health care organizations to streamline their clinical, workflow management and expand their patient care from remote locations.

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Important factors that are expected to boost the growth of the internet of medical things (IoMT) market in the forecast period are the rise in the demand for real-time healthcare solutions and increasing adoption of wearable devices and the patients can be easily and efficiently examined through a connected device which reduces the consultation cost of any medical experts. However, the absence of infrastructure facilities and trained specialists in the hospital and medical sectors are further anticipated to impede the growth of the internet of medical things (IoMT) market in the timeline period. Additionally, the rise in the demand for connected devices in the healthcare sector will further provide growth opportunities for the internet of medical things (IoMT) market in the near future.

Leading Key Players:

The major players covered in the internet of medical things (IoMT) market report are Honeywell International, Inc., Apple, Inc., Cisco Systems, Inc., General Electric Company, Google, IBM, Koninklijke Philips N.V., Medtronic, Microsoft Corporation, SAP, AdhereTech., AliveCor, Inc., BioSerenity, Carré Technologies, Inc.CenTrak, Chrono Therapeutics Inc., Cue Health Inc., EarlySense, Evermind, Inc., EyeNetra Inc., GlucoVista, InfoBionic, iRhythm Technologies, Inc., NeuroSky, Neurovigil, Inc., Owlet Baby Care, Qardio, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

This internet of medical things (IoMT) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the internet of medical things (IoMT) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Market Segmentation:

Global Internet-of-Medical-Things (IoMT) Market, By Product Type (Smart Wearable Devices, Home-Use Medical Devices, and Point-Of-Care Kits), Component (Medical Devices, System and Software, Services and Connected Technology), System and Software (Remote Device Management, Network Bandwidth Management, Data Analytics, Application Security, Network Security), Services (On-Premise Based Services and Cloud-Based Services), Application (Real-Time Monitoring, End-to-End Connectivity, Data Assortment and Analysis, Tracking and Alerts, and Remote Medical Assistance), End-user (Hospitals and Clinics, Research Institutes & Academics, and Homecare), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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North America dominates the internet of medical things (IoMT) market because of the swift progress in technical development, well-established healthcare and IT infrastructure. Furthermore, the rise in the alertness and the high approval rate of such technologies will further boost the growth of the internet of medical things (IoMT) market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth on the internet of medical things (IoMT) market because of the increasing awareness, changing of lifestyle, and improvising diagnostic facilities. Moreover, changing of the government guidelines, the increasing of the geriatric population and extensive accessibility of IoMT devices is further anticipated to propel the growth of the internet of medical things (IoMT) market in the region in the coming years.

Internet of Medical Things (IoMT) Market Scope and Market Size

The internet of medical things (IoMT) market is segmented on the basis of product types, component, services, system and software, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Based on the product type, the internet of medical things (IoMT) market is segmented into smart wearable devices, home-use medical devices, and point-of-care kits.
  • Based on the component, the internet of medical things (IoMT) market is segmented into medical devices, system and software, services and connected technology.
  • Based on the services, the internet of medical things (IoMT) market is segmented into on-premises based services and cloud-based services
  • Based on the system and software, the internet of medical things (IoMT) market is segmented into remote device management, network bandwidth management, data analytics, application security, network security.
  • Based on the application, the internet of medical things (IoMT) market is segmented into real-time monitoring, end-to-end connectivity, data assortment and analysis, tracking and alerts, and remote medical assistance.
  • Based on the end user, the internet of medical things (IoMT) market is segmented into hospitals and clinics, research institutes and academics, and homecare.

Table Of Content::





Market environment

Market attributes

Market division examination


Pipeline examination


Market definition

Market estimating

Market size and conjecture





Market opportunity





Market drivers

Market difficulties




Scene disturbance


Sellers covered

Seller arrangement

Market situating of sellers

Region & Countries (Customizable):

  • North America (Canada, United States & Mexico)
  • Europe (Germany, the United Kingdom, Benelux, France, Russia & Italy)
  • Asia-Pacific (Japan, South Korea, China, India & Southeast Asia)
  • South America (Argentina, Brazil, Peru, Colombia, Etc.)
  • Middle East & Africa (United Arab Emirates, Egypt, Saudi Arabia, Nigeria & South Africa)

More Information Related to TOC, Tables, and Figures Can Be Provided

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  • No of Figures: 60

Coronavirus can influence the worldwide economy in three principal ways: by straightforwardly influencing creation and request, by making store network and market disturbance, and by its monetary effect on firms and monetary business sectors. The episode of COVID-19 has welcomed impacts on numerous viewpoints, similar to flight undoings travel boycotts and isolates cafés shut all indoor occasions confined more than forty nations highly sensitive situation proclaimed monstrous easing back of the Vaccine market unpredictability falling business certainty, developing frenzy among the populace, and vulnerability about future.

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Last Updated: 19-Jul-2021