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    India Internet of Things in Healthcare Market

    ID: MRFR/HC/49833-HCR
    200 Pages
    Rahul Gotadki
    October 2025

    India Internet of Things in Healthcare Market Research Report By Application (Patient Monitoring, Medication Management, Telemedicine, Clinical Operations, Asset Management), By Component (Devices, Software, Services), By End Use (Hospitals, Diagnostics Centers, Home Care) and By Technology (Wearable Technology, Remote Patient Monitoring, Smart Medical Devices)- Forecast to 2035

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    India Internet of Things in Healthcare Market Summary

    As per MRFR analysis, the The Internet of Things in Healthcare market size was estimated at 2913.6 USD Million in 2024. The internet of-things-in-healthcare market is projected to grow from 3245.75 USD Million in 2025 to 9551.6 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 11.4% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The India internet of-things-in-healthcare market is poised for substantial growth driven by technological advancements and increasing demand for remote healthcare solutions.

    • Enhanced patient monitoring systems are becoming increasingly prevalent, allowing for real-time health tracking and management.
    • Data-driven decision making is gaining traction, as healthcare providers leverage analytics to improve patient outcomes.
    • Interoperability and integration of IoT devices are essential for creating cohesive healthcare ecosystems that enhance service delivery.
    • The rising demand for remote healthcare solutions and government initiatives are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 2913.6 (USD Million)
    2035 Market Size 9551.6 (USD Million)

    Major Players

    Philips (NL), GE Healthcare (US), Siemens Healthineers (DE), Medtronic (US), IBM (US), Cisco Systems (US), Honeywell (US), Oracle (US), Samsung (KR)

    India Internet of Things in Healthcare Market Trends

    The Internet of Things in Healthcare market is experiencing notable growth, driven by advancements in technology and increasing demand for efficient healthcare solutions. The integration of IoT devices into healthcare systems enhances patient monitoring, data collection, and overall management of health services. This trend appears to be fueled by the need for real-time data access, which can lead to improved patient outcomes and streamlined operations within healthcare facilities. Furthermore, the rise of telemedicine and remote patient monitoring is likely to contribute to the expansion of this market, as healthcare providers seek innovative ways to deliver care while minimizing costs. In addition, the regulatory environment in India seems to be evolving to support the adoption of IoT technologies in healthcare. Government initiatives aimed at promoting digital health solutions may further accelerate market growth. As healthcare providers increasingly recognize the potential of IoT to transform patient care, the internet of-things-in-healthcare market is poised for significant advancements. The ongoing development of smart devices and applications tailored for healthcare purposes indicates a promising future for this sector, with potential benefits for both patients and providers alike.

    Enhanced Patient Monitoring

    The internet of-things-in-healthcare market is witnessing a trend towards enhanced patient monitoring through connected devices. These devices allow for continuous tracking of vital signs and health metrics, enabling healthcare professionals to respond promptly to any changes in a patient's condition. This proactive approach not only improves patient safety but also optimizes resource allocation within healthcare facilities.

    Data-Driven Decision Making

    Another emerging trend is the emphasis on data-driven decision making within the internet of-things-in-healthcare market. The integration of IoT devices generates vast amounts of data, which can be analyzed to identify patterns and trends in patient health. This information empowers healthcare providers to make informed decisions, leading to personalized treatment plans and improved patient outcomes.

    Interoperability and Integration

    Interoperability and integration of various IoT systems are becoming increasingly important in the internet of-things-in-healthcare market. As different devices and platforms communicate seamlessly, healthcare providers can access comprehensive patient information. This interconnectedness enhances collaboration among healthcare teams and streamlines workflows, ultimately contributing to more efficient care delivery.

    India Internet of Things in Healthcare Market Drivers

    Government Initiatives and Support

    The Indian government is actively promoting the adoption of technology in healthcare, which significantly impacts the internet of-things-in-healthcare market. Initiatives such as the National Digital Health Mission aim to create a digital health ecosystem that integrates various healthcare services. The government has allocated approximately $1.5 billion for digital health initiatives, which includes funding for IoT-based healthcare solutions. This support not only encourages innovation but also fosters collaboration between public and private sectors. As a result, healthcare providers are increasingly investing in IoT technologies to enhance service delivery and operational efficiency. The government's commitment to improving healthcare infrastructure and accessibility is expected to drive the growth of the internet of-things-in-healthcare market, potentially leading to a 30% increase in IoT adoption among healthcare facilities by 2027.

    Growing Focus on Preventive Healthcare

    The internet of-things-in-healthcare market is witnessing a growing focus on preventive healthcare in India. This shift is largely influenced by the rising awareness of health and wellness among the population. Preventive healthcare emphasizes early detection and management of health issues, which aligns well with the capabilities of IoT technologies. By utilizing IoT devices, healthcare providers can monitor patients' health metrics continuously, enabling timely interventions and reducing the risk of severe health complications. The preventive healthcare market in India is projected to grow at a CAGR of 18% over the next five years, driven by increasing health consciousness and the adoption of technology. This trend is likely to enhance the demand for IoT solutions, as they provide the necessary tools for effective preventive care, thereby transforming the healthcare landscape.

    Technological Advancements in IoT Devices

    Technological advancements in IoT devices are playing a crucial role in shaping the internet of-things-in-healthcare market in India. The development of more sophisticated, cost-effective, and user-friendly devices is making IoT solutions more accessible to healthcare providers. Innovations such as wearable health monitors, smart sensors, and connected medical devices are enhancing patient care and operational efficiency. For instance, the market for wearable health devices is expected to grow at a CAGR of 20% over the next five years, driven by increasing consumer awareness and demand for health tracking. These advancements not only improve patient outcomes but also streamline healthcare processes, making it easier for providers to manage patient data and deliver personalized care. As technology continues to evolve, the potential for IoT in healthcare appears to be expanding, indicating a robust future for the market.

    Rising Demand for Remote Healthcare Solutions

    The internet of-things-in-healthcare market in India is experiencing a notable surge in demand for remote healthcare solutions. This trend is driven by the increasing prevalence of chronic diseases and the need for continuous patient monitoring. According to recent estimates, the chronic disease burden in India is projected to reach 75 million by 2030, necessitating innovative healthcare delivery methods. IoT devices facilitate remote monitoring, allowing healthcare providers to track patient health in real-time, thus improving outcomes and reducing hospital visits. The convenience of remote consultations and monitoring is appealing to both patients and healthcare providers, leading to a projected growth rate of 25% in the adoption of IoT solutions in healthcare by 2026. This shift towards remote healthcare is likely to redefine patient engagement and care delivery in the coming years.

    Integration of Artificial Intelligence with IoT

    The integration of artificial intelligence (AI) with IoT technologies is emerging as a transformative driver for the internet of-things-in-healthcare market in India. AI enhances the capabilities of IoT devices by enabling advanced data analytics, predictive modeling, and personalized healthcare solutions. This integration allows healthcare providers to derive actionable insights from vast amounts of patient data collected through IoT devices. For instance, AI algorithms can analyze patient health trends and predict potential health risks, facilitating proactive care. The market for AI in healthcare is expected to grow significantly, with estimates suggesting a CAGR of 30% over the next five years. This synergy between AI and IoT is likely to revolutionize patient care, improve operational efficiencies, and foster innovation in healthcare delivery, thereby propelling the growth of the internet of-things-in-healthcare market.

    Market Segment Insights

    Internet of Things in Healthcare Market Application Insights

    The India Internet of Things in Healthcare Market, with a keen focus on the Application segment, illustrates significant opportunities and advancements across the healthcare landscape. The increasing penetration of smartphones and the rise of digital health technologies create a conducive environment for numerous applications that improve patient outcomes and streamline healthcare operations. Notably, Patient Monitoring has emerged as a crucial application, allowing healthcare providers to keep track of patients' vital signs in real-time, facilitating timely interventions and personalized care strategies that enhance patient satisfaction and safety.

    Medication Management is also a vital area, aiding patients in adhering to prescribed treatments and reducing medication errors, which is essential in combating the growing issue of chronic illnesses in India. Telemedicine has gained substantial traction, especially in rural settings, bridging the gap between patients and healthcare providers through remote consultations, which significantly enhances accessibility to quality medical services in the country. Moreover, Clinical Operations benefit from IoT applications as they facilitate efficient workflows, improve resource allocation, and optimize operational performance in hospitals and clinics.

    Asset Management, another critical component, enables better tracking and monitoring of medical equipment, ensuring the availability and functionality of essential tools in healthcare settings while reducing losses and operating costs. Overall, the Application segment of the India Internet of Things in Healthcare Market not only highlights the robust potential for technological integration in the healthcare sector but also underscores India's commitment to improving its healthcare delivery systems using innovative solutions that cater to the needs of its diverse population.

    The challenges posed by the pandemic have further accelerated the adoption of such IoT applications, as stakeholders increasingly recognize the importance of technology-driven solutions in ensuring efficiency and effectiveness in healthcare delivery. Consequently, this segment is poised for robust growth, propelled by trends such as increasing investments from both government bodies and private entities aimed at enhancing healthcare infrastructure and service quality through IoT technologies. As Indian healthcare evolves, these applications will play a pivotal role in shaping the future of patient care and operational excellence in the industry.

    Source: Primary Research, Secondary Research, Market Research Future Database, and Analyst Review

    Internet of Things in Healthcare Market Component Insights

    The Component segment of the India Internet of Things in Healthcare Market encompasses Devices, Software, and Services, each playing a pivotal role in transforming healthcare delivery. Devices, including wearables and remote monitoring tools, have significantly enhanced patient engagement and health management, ensuring timely interventions and data collection. Software solutions enhance the efficacy of these devices, providing analytics and data visualization that empower healthcare professionals to make informed decisions and improve patient outcomes.

    Services, ranging from system integration to data management, establish a robust infrastructure that supports the seamless operation of devices and software. The growing adoption of telemedicine and connected health technologies is driving demand in this segment, highlighting the importance of interoperability and security across all components. Furthermore, as India's healthcare system continues to digitize, the reliance on these components will likely deepen, ensuring efficient health management amidst challenges such as resource constraints and rising healthcare costs.

    The advancements in artificial intelligence and machine learning are also propelling innovation within this sphere, presenting opportunities for enhanced predictive analytics and personalized medicine. Overall, the Component segment stands as a cornerstone of the evolving landscape of healthcare in India, underscoring the vital role of technology in improving patient care and operational efficiency.

    Internet of Things in Healthcare Market End Use Insights

    The India Internet of Things in Healthcare Market, particularly in the end-use segment, showcases a diverse landscape that includes hospitals, diagnostics centers, and home care services. Hospitals are increasingly adopting IoT solutions to enhance patient monitoring, streamline operational efficiencies, and improve overall healthcare delivery, reflecting the growing demand for smart healthcare services in urban centers.

    Diagnostics centers leverage IoT technologies to facilitate timely and accurate testing, which is essential for effective disease management and treatment plans.Meanwhile, the home care segment is emerging as a vital component of the healthcare system, aligning with India's focus on providing quality care to an aging population and individuals with chronic illnesses. 

    This shift towards home-based care is crucial as it helps reduce hospital readmission rates and provides patients with the comfort of receiving care in familiar surroundings. As the need for advanced healthcare solutions continues to rise, the segmentation within the India Internet of Things in Healthcare Market is expected to evolve, with each area playing a significant role in enhancing the overall efficiency and effectiveness of the healthcare sector.Factors such as increasing government support, a growing mobile health application market, and rising consumer awareness are driving this market forward.

    In contrast, challenges such as data privacy concerns and interoperability issues need to be addressed to realize its potential fully.

    Internet of Things in Healthcare Market Technology Insights

    The Technology segment of the India Internet of Things in Healthcare Market is vital for enhancing patient care and streamlining healthcare operations. Wearable Technology, which encompasses devices such as fitness trackers and health monitoring wearables, has gained traction among consumers and healthcare providers due to its ability to provide real-time health data, encouraging proactive health management. Remote Patient Monitoring solutions facilitate continuous patient evaluation outside traditional clinical settings, significantly aiding in managing chronic diseases and reducing hospital readmissions.

    Smart Medical Devices, which integrate IoT capabilities, improve clinical workflows and enhance patient safety by allowing real-time monitoring and automated data collection. Together, these technologies underscore the market's transformative potential, driving improved outcomes and operational efficiencies. Given the growing focus on telemedicine, these solutions seek to address challenges associated with limited healthcare accessibility and the need for advanced monitoring solutions, representing dynamic growth opportunities in this evolving landscape.The increasing adoption of smart technology by healthcare providers in India reflects a shift towards data-driven decision-making, showcasing the critical role of Technology in the advancement of the healthcare sector.

    Get more detailed insights about India Internet of Things in Healthcare Market

    Key Players and Competitive Insights

    The internet of-things-in-healthcare market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for efficient healthcare solutions. Major players such as Philips (NL), GE Healthcare (US), and Medtronic (US) are strategically positioning themselves through innovation and partnerships. Philips (NL) focuses on enhancing patient outcomes via connected health solutions, while GE Healthcare (US) emphasizes the integration of AI and IoT to streamline operations. Medtronic (US) is leveraging its expertise in medical devices to expand its IoT capabilities, thereby shaping a competitive environment that prioritizes technological integration and patient-centric solutions.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to regional demands. The competitive structure appears moderately fragmented, with several key players exerting influence through strategic collaborations and technological advancements. This fragmentation allows for a diverse range of solutions, catering to various healthcare needs while fostering innovation across the sector.

    In October 2025, Philips (NL) announced a partnership with a leading Indian telehealth provider to enhance remote patient monitoring capabilities. This strategic move is likely to bolster Philips' presence in the Indian market, aligning with the growing trend of telehealth services. By integrating IoT technologies with telehealth, Philips aims to improve patient engagement and health outcomes, thereby reinforcing its competitive edge.

    In September 2025, GE Healthcare (US) launched a new AI-driven analytics platform designed to optimize hospital operations and patient care. This initiative underscores GE's commitment to digital transformation, as it seeks to provide healthcare providers with actionable insights derived from IoT data. The platform's introduction is expected to enhance operational efficiency and patient safety, positioning GE as a leader in the integration of AI and IoT in healthcare.

    In August 2025, Medtronic (US) expanded its IoT-enabled device portfolio by introducing a new remote monitoring system for chronic disease management. This expansion reflects Medtronic's strategy to leverage its existing device technology to create comprehensive solutions that address the needs of patients with chronic conditions. By enhancing its IoT capabilities, Medtronic is likely to strengthen its market position and improve patient outcomes through proactive health management.

    As of November 2025, current competitive trends are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service delivery. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This transition may lead to a more resilient and responsive healthcare ecosystem, ultimately benefiting patients and providers alike.

    Key Companies in the India Internet of Things in Healthcare Market market include

    Industry Developments

    The India Internet of Things in Healthcare Market has seen significant expansion and innovation recently. Companies such as Philips Healthcare and Siemens Healthcare have been increasingly investing in IoT solutions to enhance patient monitoring and diagnosis capabilities. HCL Technologies and Tata Consultancy Services are actively developing advanced data analytics and AI-driven applications for better healthcare management. Notably, in October 2023, Reliance Industries launched a healthcare IoT platform aimed at improving medical services and enabling remote patient monitoring. 

    Mergers and acquisitions are shaping the landscape, with Honeywell acquiring a stake in a promising healthcare IoT startup in July 2023 to broaden its healthcare solutions. In recent developments, IBM announced a new partnership with GE Healthcare in August 2023 for predictive analytics in medical imaging. The market is expected to reach significant growth, influenced by an increasing demand for digital healthcare solutions fueled by the COVID-19 pandemic and a shift towards telemedicine. Current initiatives by CureMetrix, focused on AI in mammography, are also pushing the envelope on IoT applications in healthcare.

    Overall, the synergy between technology and healthcare in India is on a robust trajectory, driven by innovation and market demand dynamics.

    Future Outlook

    India Internet of Things in Healthcare Market Future Outlook

    The internet of-things-in-healthcare market is projected to grow at 11.4% CAGR from 2024 to 2035, driven by technological advancements, increased healthcare spending, and rising demand for remote patient monitoring.

    New opportunities lie in:

    • Development of AI-driven predictive analytics tools for patient management.
    • Integration of IoT devices with telehealth platforms for enhanced patient engagement.
    • Creation of customized wearable health monitoring solutions for chronic disease management.

    By 2035, the market is expected to achieve substantial growth, driven by innovation and increased adoption of IoT technologies.

    Market Segmentation

    India Internet of Things in Healthcare Market End-Use Outlook

    • Hospitals
    • Diagnostics Centers
    • Home Care

    India Internet of Things in Healthcare Market Component Outlook

    • Devices
    • Software
    • Services

    India Internet of Things in Healthcare Market Technology Outlook

    • Wearable Technology
    • Remote Patient Monitoring
    • Smart Medical Devices

    India Internet of Things in Healthcare Market Application Outlook

    • Patient Monitoring
    • Medication Management
    • Telemedicine
    • Clinical Operations
    • Asset Management

    Report Scope

    MARKET SIZE 20242913.6(USD Million)
    MARKET SIZE 20253245.75(USD Million)
    MARKET SIZE 20359551.6(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)11.4% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Philips (NL)", "GE Healthcare (US)", "Siemens Healthineers (DE)", "Medtronic (US)", "IBM (US)", "Cisco Systems (US)", "Honeywell (US)", "Oracle (US)", "Samsung (KR)"]
    Segments CoveredApplication, Component, End-Use, Technology
    Key Market OpportunitiesIntegration of advanced wearable devices enhances patient monitoring and personalized healthcare solutions.
    Key Market DynamicsRising adoption of connected devices enhances patient monitoring and data management in the healthcare sector.
    Countries CoveredIndia

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    FAQs

    What is the expected market size of the India Internet of Things in Healthcare Market in 2024?

    The India Internet of Things in Healthcare Market is expected to be valued at 3.6 USD Billion in 2024.

    What is the projected market value for the India Internet of Things in Healthcare Market by 2035?

    By 2035, the market is projected to reach a valuation of 12.0 USD Billion.

    What is the expected CAGR for the India Internet of Things in Healthcare Market from 2025 to 2035?

    The expected CAGR for this market is 11.567% during the period from 2025 to 2035.

    Which application holds the largest market share in the India Internet of Things in Healthcare Market?

    Patient Monitoring holds the largest market share, valued at 1.096 USD Billion in 2024.

    What will be the market value for Medication Management application by 2035?

    The Medication Management application is expected to reach a market value of 2.0 USD Billion by 2035.

    Who are the key players in the India Internet of Things in Healthcare Market?

    Key players in this market include Philips Healthcare, HCL Technologies, Accenture, and Medtronic, among others.

    What factors are driving the growth of the Internet of Things in Healthcare Market in India?

    Growing demand for efficient healthcare services and technological advancements are driving market growth.

    What will be the market size for Telemedicine application in 2024?

    The market size for the Telemedicine application is valued at 0.704 USD Billion in 2024.

    What impact do current global conflicts have on the India Internet of Things in Healthcare Market?

    Current global conflicts may disrupt supply chains but are unlikely to significantly alter the overall market growth trajectory.

    What is the expected growth rate for Clinical Operations application by 2035?

    The market size for the Clinical Operations application is expected to grow to 1.44 USD Billion by 2035.

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