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    US Internet of Things in Healthcare Market

    ID: MRFR/HC/14124-HCR
    100 Pages
    Rahul Gotadki
    October 2025

    US 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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    US Internet of Things in Healthcare Market Summary

    As per MRFR analysis, the US Internet of Things in Healthcare Market Size was estimated at 14.5 USD Billion in 2024. The US internet of-things-in-healthcare market is projected to grow from 16.17 USD Billion in 2025 to 48.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 11.5% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US internet of-things-in-healthcare market is poised for substantial growth driven by technological advancements and evolving healthcare needs.

    • The largest segment in the US IoT healthcare market is wearable devices, which are experiencing increased adoption among consumers.
    • Enhanced data analytics capabilities are transforming patient care by enabling more informed decision-making and personalized treatment plans.
    • Interoperability and security are becoming focal points as healthcare providers seek to integrate diverse IoT systems effectively.
    • Rising demand for remote patient monitoring and advancements in telehealth technologies are key drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 14.5 (USD Billion)
    2035 Market Size 48.0 (USD Billion)

    Major Players

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

    US Internet of Things in Healthcare Market Trends

    The internet of-things-in-healthcare market is currently experiencing a transformative phase, driven by advancements in technology and an increasing demand for efficient healthcare solutions. The integration of IoT devices into healthcare systems appears to enhance patient monitoring, streamline operations, and improve overall care delivery. As healthcare providers seek to leverage data analytics and connectivity, the market is likely to witness a surge in the adoption of smart devices, wearables, and remote monitoring systems. This shift not only supports better patient outcomes but also aligns with the broader trend of personalized medicine, where treatment plans are tailored to individual needs. Moreover, regulatory frameworks and government initiatives are playing a crucial role in shaping the landscape of the internet of-things-in-healthcare market. Policies aimed at promoting interoperability and data security are essential for fostering trust among stakeholders. The emphasis on patient privacy and data protection is likely to drive innovation in secure IoT solutions. As the market evolves, collaboration between technology providers, healthcare institutions, and regulatory bodies will be vital in addressing challenges and maximizing the potential of IoT in healthcare. The future appears promising, with ongoing investments and research likely to propel the market forward, ultimately benefiting patients and providers alike.

    Increased Adoption of Wearable Devices

    The trend towards wearable devices in the internet of-things-in-healthcare market is gaining momentum. These devices enable continuous health monitoring, allowing patients to track vital signs and health metrics in real-time. This shift not only empowers individuals to take charge of their health but also provides healthcare professionals with valuable data for informed decision-making.

    Enhanced Data Analytics Capabilities

    The integration of advanced data analytics in the internet of-things-in-healthcare market is becoming increasingly prominent. By harnessing the power of big data, healthcare providers can gain insights into patient behavior, treatment efficacy, and operational efficiency. This trend suggests a move towards data-driven decision-making, which may lead to improved patient outcomes.

    Focus on Interoperability and Security

    Interoperability and security are critical considerations in the internet of-things-in-healthcare market. As various devices and systems become interconnected, ensuring seamless communication and data exchange is essential. Additionally, robust security measures are necessary to protect sensitive patient information, fostering trust among users and stakeholders.

    US Internet of Things in Healthcare Market Drivers

    Growing Focus on Personalized Medicine

    The internet of-things-in-healthcare market is witnessing a growing focus on personalized medicine, which tailors treatment plans to individual patient needs. This approach is facilitated by IoT devices that collect and analyze patient data, enabling healthcare providers to make informed decisions. The demand for personalized medicine is expected to drive the market, as it has been shown to improve treatment efficacy and patient satisfaction. In fact, studies indicate that personalized treatment plans can lead to a 30% increase in patient adherence to prescribed therapies. As healthcare systems prioritize individualized care, the internet of-things-in-healthcare market is poised for significant growth.

    Integration of Artificial Intelligence

    The integration of artificial intelligence (AI) into the internet of-things-in-healthcare market is transforming the landscape of patient care. AI algorithms can analyze vast amounts of data generated by IoT devices, providing actionable insights for healthcare professionals. This capability is particularly valuable in predictive analytics, where AI can identify potential health risks before they escalate. The market for AI in healthcare is projected to reach $36.1 billion by 2025, indicating a robust growth trajectory. As healthcare providers increasingly adopt AI-driven solutions, the internet of-things-in-healthcare market is likely to expand, enhancing operational efficiency and patient care quality.

    Regulatory Support for IoT Innovations

    Regulatory support for IoT innovations is playing a crucial role in the growth of the internet of-things-in-healthcare market. Government initiatives aimed at promoting digital health technologies are fostering an environment conducive to innovation. For instance, the FDA has established guidelines for the approval of digital health devices, streamlining the process for bringing new IoT solutions to market. This regulatory framework not only encourages investment in IoT technologies but also enhances consumer confidence in their safety and efficacy. As regulatory bodies continue to support the integration of IoT in healthcare, the internet of-things-in-healthcare market is expected to flourish.

    Advancements in Telehealth Technologies

    Advancements in telehealth technologies are significantly impacting the internet of-things-in-healthcare market. The proliferation of high-speed internet and mobile connectivity has enabled healthcare providers to offer remote consultations and services. This shift is particularly beneficial for patients in rural areas, where access to healthcare facilities may be limited. The telehealth market is projected to reach $459.8 billion by 2026, reflecting a growing acceptance of virtual healthcare solutions. As telehealth becomes more integrated with IoT devices, the internet of-things-in-healthcare market is likely to expand, providing patients with more convenient and accessible healthcare options.

    Rising Demand for Remote Patient Monitoring

    The internet of-things-in-healthcare market is experiencing a notable surge in demand for remote patient monitoring solutions. This trend is driven by the increasing prevalence of chronic diseases, which necessitate continuous health monitoring. According to recent data, approximately 60% of adults in the US have at least one chronic condition, leading to a heightened need for effective management strategies. Remote monitoring devices enable healthcare providers to track patients' vital signs in real-time, facilitating timely interventions. This shift towards proactive healthcare management is likely to enhance patient outcomes and reduce hospital readmissions, thereby driving growth in the internet of-things-in-healthcare market.

    Market Segment Insights

    By Application: Patient Monitoring (Largest) vs. Telemedicine (Fastest-Growing)

    The application segment of the US internet of-things-in-healthcare market is primarily dominated by patient monitoring solutions, which capture a significant share due to their critical role in chronic disease management and continuous health assessment. Medication management and clinical operations are also pivotal, sharing substantial portions of the market as they enhance treatment adherence and streamline healthcare workflows, respectively. Telemedicine is rapidly emerging as the fastest-growing segment within this market, driven by increasing demand for remote healthcare services and technological advancements that facilitate virtual consultations. Asset management solutions are gaining traction as well, with healthcare facilities increasingly adopting IoT technologies to optimize resource utilization and improve operational efficiency. These trends are shaping a dynamic approach to healthcare delivery in the US.

    Patient Monitoring (Dominant) vs. Telemedicine (Emerging)

    Patient monitoring remains the dominant application in the US internet of-things-in-healthcare market, characterized by advanced wearable devices and continuous monitoring systems that empower patients and healthcare providers alike. These systems are designed to track vital signs, such as heart rate and blood pressure, enabling timely interventions and reducing hospital visits. On the other hand, telemedicine is rapidly becoming an emerging force, fueled by technological advancements and increased consumer acceptance of virtual healthcare. This segment includes platforms for remote consultations and mobile health applications that enhance patient access to care, particularly important in rural and underserved areas. The synergy between these applications is paving the way for more integrated and patient-centric healthcare solutions.

    By Component: Devices (Largest) vs. Services (Fastest-Growing)

    In the US internet of-things-in-healthcare market, the component segment showcases a diverse array of values with devices commanding the largest share. These devices, which include wearable technology and remote monitoring equipment, are foundational in the deployment of IoT in healthcare settings. Meanwhile, software solutions and services provide essential support for device implementation and integration, contributing significantly to the overall market landscape. Looking ahead, the US internet of-things-in-healthcare market is witnessing rapid growth in service offerings, driven by increased demand for telehealth solutions and the need for scalable cloud-based healthcare systems. As healthcare providers continue to adopt IoT solutions, the synergy between devices and services will likely foster even greater advancements, enhancing patient care and operational efficiency.

    Devices: Dominant vs. Services: Emerging

    Devices represent the cornerstone of the US internet of-things-in-healthcare market, bringing functionalities that enhance patient monitoring, data collection, and real-time communication between patients and providers. These devices, ranging from fitness trackers to advanced diagnostic tools, are crucial for delivering effective healthcare solutions. In contrast, services are emerging as a vital component, providing the necessary infrastructure, data analysis, and cybersecurity to complement the device ecosystem. The increasing reliance on service-oriented models indicates a shift towards integrated healthcare solutions, where the synergy between devices and services will drive the future landscape of the market.

    By End-Use: Hospitals (Largest) vs. Home Care (Fastest-Growing)

    In the US internet of-things-in-healthcare market, hospitals currently represent the largest segment, holding a significant share of the market. This dominance is driven by the increasing adoption of IoT technologies for patient management and operational efficiency within hospital environments. Diagnostics centers also play a vital role, but their market share is comparatively smaller. Home care is rapidly gaining traction as more patients receive treatments and monitoring at home, thus reshaping the landscape of healthcare services. The growth trends within the end-use segment reveal that hospitals continue to expand their IoT applications, focusing on enhancing patient safety and streamlining workflows. Meanwhile, home care is emerging as the fastest-growing segment, primarily due to the aging population and rising consumer preference for at-home healthcare solutions. This shift indicates a progressive transformation within the healthcare industry towards more personalized and accessible care, bolstered by IoT innovations.

    Hospitals (Dominant) vs. Home Care (Emerging)

    Hospitals remain the dominant force in the US internet of-things-in-healthcare market, leveraging advanced IoT technologies to improve patient care and operational efficiency. They utilize IoT solutions for monitoring patients, managing equipment, and ensuring seamless communication among healthcare professionals. This segment's maturity is marked by substantial investments in technology infrastructure. In contrast, home care is quickly evolving as an emerging segment driven by technological advancements and a growing demand for home-based health services. The rise of telehealth and wearable devices is reshaping how healthcare is delivered in the home environment, offering more personalized care while reducing hospital readmissions. This dynamic is creating new opportunities for innovation and service delivery in the healthcare ecosystem.

    By Technology: Wearable Technology (Largest) vs. Remote Patient Monitoring (Fastest-Growing)

    In the technology segment of the US internet of-things-in-healthcare market, wearable technology leads in market share, showcasing its widespread acceptance among consumers and healthcare providers alike. Remote patient monitoring follows closely, gaining traction due to increased healthcare focus on patient-centered care and the need for continuous health monitoring. Smart medical devices, while growing, currently hold a smaller share compared to these two segments. Growth trends reveal that wearable technology continues to thrive, driven by advancements in sensor technology and rising health awareness. On the other hand, remote patient monitoring is recognized as the fastest-growing segment, fueled by the push for telehealth solutions and the need for efficient patient management systems. Smart medical devices are enhancing their presence, particularly with innovations that enable better connectivity and data integration, supporting overall healthcare trends.

    Technology: Wearable Technology (Dominant) vs. Remote Patient Monitoring (Emerging)

    Wearable technology is the dominant force in the technology segment, characterized by devices like smartwatches and fitness trackers that facilitate real-time health data collection. These devices are widely accepted, appealing to consumers' desire for proactive health management. In contrast, remote patient monitoring is emerging as a vital segment, enabling healthcare providers to efficiently track patient health remotely. This segment leverages advancements in connectivity, allowing for timely interventions, which is becoming crucial in modern healthcare. While wearable technology caters largely to consumer markets, remote patient monitoring is rapidly expanding within clinical settings, particularly as healthcare increasingly transitions to remote care models.

    Get more detailed insights about US 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 an increasing demand for efficient healthcare solutions. Major players such as GE Healthcare (US), Medtronic (US), and IBM (US) are strategically positioning themselves through innovation and partnerships. GE Healthcare (US) focuses on enhancing its imaging and monitoring solutions, while Medtronic (US) emphasizes the integration of IoT in chronic disease management. IBM (US) is leveraging its AI capabilities to improve data analytics in healthcare, collectively 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 market demands. The competitive structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, while larger companies consolidate their market positions through strategic acquisitions and partnerships.

    In October 2025, GE Healthcare (US) announced a collaboration with a leading telehealth provider to integrate IoT-enabled devices into remote patient monitoring systems. This strategic move is likely to enhance patient engagement and improve health outcomes by providing real-time data to healthcare providers. Such partnerships indicate a trend towards more integrated healthcare solutions that leverage IoT technology.

    In September 2025, Medtronic (US) launched a new IoT-enabled insulin pump designed to provide continuous glucose monitoring and automated insulin delivery. This innovation not only addresses the growing demand for diabetes management solutions but also positions Medtronic as a leader in the integration of IoT in chronic disease management. The strategic importance of this launch lies in its potential to improve patient adherence and outcomes, thereby enhancing Medtronic's competitive edge.

    In August 2025, IBM (US) unveiled a new AI-driven analytics platform aimed at optimizing hospital operations through IoT data integration. This platform is expected to streamline workflows and reduce operational costs, reflecting IBM's commitment to enhancing healthcare efficiency. The strategic significance of this development is underscored by the increasing reliance on data-driven decision-making in healthcare settings.

    As of November 2025, current competitive trends are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, as companies recognize the value of collaboration in driving innovation. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and the ability to deliver personalized healthcare solutions.

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

    Industry Developments

    The US Internet of Things in Healthcare Market has seen significant developments recently, especially in terms of technological advancements and partnerships. Companies like Amazon Web Services and Microsoft continue to innovate cloud solutions tailored for healthcare, enhancing data management and analytics capabilities. In terms of mergers and acquisitions, SAP announced the acquisition of a healthcare analytics firm in July 2023, which aims to improve patient care through better data integration. Similarly, Oracle's acquisition of a health technology company in September 2023 is expected to bolster its cloud-based healthcare offerings, positioning it for greater market penetration.

    GE Healthcare has also reported a surge in its IoT-enabled medical devices, leading to increased operational efficiency. The market's growth is reflected in its valuation, with reports indicating that the sector is projected to expand significantly due to rising demand for connected healthcare solutions and improved patient outcomes. Major developments in the last two to three years, including partnerships between Qualcomm and Philips Healthcare for advanced patient monitoring solutions, have further emphasized the importance of IoT in revolutionizing the healthcare landscape in the US.

    Future Outlook

    US Internet of Things in Healthcare Market Future Outlook

    The internet of-things-in-healthcare market is projected to grow at 11.5% CAGR from 2024 to 2035, driven by technological advancements, increased demand for remote monitoring, and enhanced patient engagement.

    New opportunities lie in:

    • Development of AI-driven predictive analytics tools for patient management.
    • Integration of IoT devices with electronic health records for real-time data access.
    • Expansion of telehealth platforms incorporating IoT for remote diagnostics.

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

    Market Segmentation

    US Internet of Things in Healthcare Market End-Use Outlook

    • Hospitals
    • Diagnostics Centers
    • Home Care

    US Internet of Things in Healthcare Market Component Outlook

    • Devices
    • Software
    • Services

    US Internet of Things in Healthcare Market Technology Outlook

    • Wearable Technology
    • Remote Patient Monitoring
    • Smart Medical Devices

    US Internet of Things in Healthcare Market Application Outlook

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

    Report Scope

    MARKET SIZE 202414.5(USD Billion)
    MARKET SIZE 202516.17(USD Billion)
    MARKET SIZE 203548.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)11.5% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    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 analytics and AI in remote patient monitoring systems.
    Key Market DynamicsRising demand for remote patient monitoring drives innovation in the internet of-things-in-healthcare market.
    Countries CoveredUS

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    FAQs

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

    The US Internet of Things in Healthcare Market is expected to be valued at 14.48 USD Billion by the year 2024.

    What will be the market size of the US Internet of Things in Healthcare Market by 2035?

    By 2035, the market size of the US Internet of Things in Healthcare Market is projected to reach 35.0 USD Billion.

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

    The expected CAGR for the US Internet of Things in Healthcare Market from 2025 to 2035 is 8.353%.

    Which application segment is expected to have the largest market share in 2024?

    The Patient Monitoring application segment is expected to have the largest market share, valued at 4.5 USD Billion in 2024.

    What will be the market value of the Medication Management application in 2035?

    The market value of the Medication Management application is anticipated to reach 7.0 USD Billion by 2035.

    Who are the major players in the US Internet of Things in Healthcare Market?

    Major players in the market include SAP, Dell Technologies, Siemens Healthineers, and Oracle among others.

    What is the projected market value for the Telemedicine application by 2035?

    The projected market value for the Telemedicine application is expected to be 6.25 USD Billion by 2035.

    How much is the Clinical Operations segment valued at in 2024?

    The Clinical Operations segment is valued at 2.0 USD Billion in 2024.

    What challenges and opportunities exist for the US Internet of Things in Healthcare Market?

    The market presents opportunities in technological advancements and challenges like data privacy concerns.

    What is the expected growth for the Asset Management application from 2024 to 2035?

    The Asset Management application is expected to grow from 2.48 USD Billion in 2024 to 5.0 USD Billion by 2035.

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