Global Internet of Things in Healthcare Market Size, Trends, and Growth Opportunity, By Component (Devices, System & Software, and services), By Application (Patient Monitoring, Clinical Operation & Workflow Optimization, Connected Imaging, Fitness & Wellness Measurement, and Drug Development) and By End User (Healthcare Providers, Patients, Healthcare Payers, Research Laboratories, and Government Authority), By Region and Forecast to 2030.
Global Internet of Things in the Healthcare Market 
The Global Internet of Things in the Healthcare Market was valued at USD 181.9 billion in 2022 and is expected to reach 302.5 billion by 2030, at a CAGR 11.38% during the forecast period 2023- 2030.
When referring to the Internet of Things (IoT) in the healthcare industry, we mean the use of connected devices and sensors to gather and transmit data between patients, healthcare professionals, and medical equipment. The objective is to promote overall outcomes, boost patient engagement and satisfaction, and improve healthcare delivery. Real-time patient health monitoring through IoT helps the healthcare industry, and telehealth infrastructure, and bridges the gap between digital and physical data. 
IoT helps healthcare providers by enhancing patient care, keeping an eye on personnel, and adhering to rules through streamlining hospital operations. The healthcare sector now has access to remote monitoring thanks to IoT-enabled devices. By altering how devices and people interact while delivering healthcare solutions, IoT is redefining the healthcare industry. Patient, family, doctor, and hospital benefits from IoT applications in healthcare.
Market Drivers
The market growth rate has been boosted by the highly developed medical device technologies in the Internet of Things and the widespread use of medical devices in healthcare facilities due to an increase in the number of active patients with chronic diseases like respiratory disease, COPD, genetic disorders, and many more.
The government is integrating a variety of facilities with the rapid development of new, creative technology to fuel market expansion. Support from various governments for the creation and accessibility of medical devices at healthcare facilities. All these factors are anticipated to drive market expansion in the coming years.
Market Restraints
The market expansion is anticipated to be hampered by difficulties including high development costs for IoT infrastructure, data privacy, and security concerns, a lack of public awareness in developing regions, and a lack of technical expertise.
Market Segmentation
The Global Internet of Things in the Healthcare Market is segmented into Components, Application, and End User.
Based on Component, the market is classified into Devices, System & Software, and services.
Based on Application, the market is segmented into Patient Monitoring, Clinical Operation & Workflow Optimization, Connected Imaging, Fitness & Wellness Measurement, and Drug Development.
Based on End User, the market is divided into Healthcare Providers, Patients, Healthcare Payers, Research Laboratories, and Government Authority.
Regional Analysis
The Global Healthcare Information Systems Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
North America Holds the Largest Market Share of IoT in the Healthcare Market, due to the expanding use of healthcare IT solutions, the presence of important actors, and the accessibility of advanced infrastructure.
IoT-enabled gadgets in the area have made remote monitoring in the healthcare sector possible, opening the door to the potential to keep patients safe and healthy and enable doctors to deliver outstanding care. They have observed increased patient involvement and satisfaction rates as a result of improved doctor-patient communication. Remote patient monitoring reduces the length of the hospital stay and prevents readmission.
Key Development
Automated, a unique in-patient room automation system capable of remote patient monitoring and triaging to continuously monitor a patient's breathing rate, heart rate, and other clinical parameters remotely, was introduced in February 2022 by Healthnet Global, a division of Apollo Hospitals.
Zyter, Inc. unveiled Zyter Smart Hospitals in March 2021. On Zyter's powerful digital communication and collaboration platform, this comprehensive intelligent solution connects a hospital's numerous data systems, departments, staff, and cutting-edge Internet of Things (IoT) technological devices.
Key Players
Various key players are discussed in the Global Healthcare Information Systems Market Report including: Medtronic, GE Healthcare, Koninklijke Philips N.V., Honeywell Life Care Solutions, Biotronik, Zyter, Inc., Amazon, Intel corporation, Wipro Ltd.
Market Taxonomy
By Component 
• Devices
• System & Software
• Services
By Application
• Patient Monitoring
• Clinical Operation & Workflow Optimization
• Connected Imaging
• Fitness & Wellness Measurement
• Drug Development
By End User
• Healthcare Providers
• Patients
• Healthcare Payers
• Research Laboratories
• Government Authority
By Region
• North America  
• Latin America  
• Europe  
• Asia Pacific  
• Middle East & Africa

Global Internet of Things in Healthcare Market 
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Internet of Things in Healthcare Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn 
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Internet of Things in Healthcare Market, By Component 
5.1 Y-o-Y Growth Comparison, By Component  
5.2 Global Internet of Things in Healthcare Market Share Analysis, By Component  
5.3 Global Internet of Things in Healthcare Market Size and Forecast, By Component 
5.3.1 Devices
5.3.2 System & Software
5.3.3 Services
6 Global Internet of Things in Healthcare Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Internet of Things in Healthcare Market Share Analysis, By Application
6.3 Global Internet of Things in Healthcare Market Size and Forecast, By Application
6.3.1 Patient Monitoring
6.3.2 Clinical Operation & Workflow Optimization
6.3.3 Connected Imaging
6.3.4 Fitness & Wellness Measurement
6.3.5 Drug Development
7 Global Internet of Things in Healthcare Market, By End User
7.1 Y-o-Y Growth Comparison, By End User 
7.2 Global Internet of Things in Healthcare Market Share Analysis, By End User 
7.3 Global Internet of Things in Healthcare Market Size and Forecast, By End User 
7.3.1 Healthcare Providers
7.3.2 Patients
7.3.3 Healthcare Payers
7.3.4 Research Laboratories
7.3.5 Government Authority
8 Global Internet of Things in Healthcare Market, By Region
8.1 Global Internet of Things in Healthcare Market Share Analysis, By Region
8.2 Global Internet of Things in Healthcare Market Size and Forecast, By Region
9 North America Internet of Things in Healthcare Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Internet of Things in Healthcare Market Share Analysis, By Component  
9.3 North America Internet of Things in Healthcare Market Size and Forecast, By Application
9.4 North America Internet of Things in Healthcare Market Size and Forecast, By End User 
9.5 North America Internet of Things in Healthcare Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Internet of Things in Healthcare Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Internet of Things in Healthcare Market Share Analysis, By Component  
10.3 Europe Internet of Things in Healthcare Market Size and Forecast, By Application
10.4 Europe Internet of Things in Healthcare Market Size and Forecast, By End User 
10.5 Europe Internet of Things in Healthcare Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Internet of Things in Healthcare Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Internet of Things in Healthcare Market Share Analysis, By Component  
11.3 Asia Pacific Internet of Things in Healthcare Market Size and Forecast, By Application
11.4 Asia Pacific Internet of Things in Healthcare Market Size and Forecast, By End User 
11.5 Asia Pacific Internet of Things in Healthcare Market Size and Forecast, By Country
11.5.1 China 
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Internet of Things in Healthcare Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Internet of Things in Healthcare Market Share Analysis, By Component  
12.3 Latin America Internet of Things in Healthcare Market Size and Forecast, By Application
12.4 Latin America Internet of Things in Healthcare Market Size and Forecast, By End User 
12.5 Latin America Internet of Things in Healthcare Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Internet of Things in Healthcare Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Internet of Things in Healthcare Market Share Analysis, By Component  
13.3 Middle East Internet of Things in Healthcare Market Size and Forecast, By Application
13.4 Middle East Internet of Things in Healthcare Market Size and Forecast, By End User 
13.5 Middle East Internet of Things in Healthcare Market Size and Forecast, By Country
13.6.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Medtronic
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 GE Healthcare
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Koninklijke Philips N.V.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Honeywell Life Care Solutions
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Biotronik
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Zyter, Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Amazon
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Intel corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Wipro ltd.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies