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    US Internet Medical Things Market

    ID: MRFR/ICT/13418-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Internet Medical Things Market Research Report: By Application (Remote Patient Monitoring, Wearable Devices, Smart Hospitals, Medication Management), By Component (Sensors, Software, Connectivity Technologies, Services), By End Use (Healthcare Providers, Patients, Pharmaceutical Companies, Research Institutions) and By Network Technology (Wi-Fi, Bluetooth, Cellular, LPWAN) - Forecast to 2035

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    US Internet Medical Things Market Infographic
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    US Internet Medical Things Market Summary

    The US Internet Medical Things market is projected to grow from 15.5 USD Billion in 2024 to 50 USD Billion by 2035.

    Key Market Trends & Highlights

    US Internet Medical Things Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 11.23 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 50 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 15.5 USD Billion, laying a strong foundation for future expansion.
    • Growing adoption of Internet Medical Things due to increasing demand for remote patient monitoring is a major market driver.

    Market Size & Forecast

    2024 Market Size 15.5 (USD Billion)
    2035 Market Size 50 (USD Billion)
    CAGR (2025-2035) 11.23%

    Major Players

    Apple, Oracle, Medtronic, Cisco, Fitbit, IBM, Microsoft, Samsung, Philips, Roche, GE Healthcare, Google, Johnson and Johnson, Amazon, Honeywell

    US Internet Medical Things Market Trends

    The US Internet Medical Things market is experiencing significant growth driven by several key market drivers. First and foremost, the rising demand for remote patient monitoring solutions has led healthcare providers to adopt Internet of Things (IoT) technologies. This shift is largely due to the need for improved patient care and the increasing prevalence of chronic diseases. The COVID-19 pandemic further accelerated the acceptance of telehealth and remote monitoring, making it clear that patients can benefit from real-time health data analysis. 

    Market Segment Insights

    Internet Medical Things Market Application Insights

    The US Internet Medical Things Market has seen substantial growth in its Application segment, reflecting an increasing recognition of the value of technology in healthcare. This market is enriched by initiatives from healthcare providers looking to adopt innovative solutions that enhance patient care and operational efficiency.

    Remote Patient Monitoring is one of the significant components of this segment, offering healthcare professionals the ability to track patients' health metrics in real-time, thus reducing the necessity for unnecessary hospital visits while fostering remote care management.Wearable Devices are also pivotal in this segment, empowering patients to take charge of their health by monitoring vital signs, fitness levels, and chronic conditions. 

    The integration of Wearable Devices into everyday life not only supports proactive health management but also engages patients in their treatment processes. Additionally, Smart Hospitals are transforming the healthcare landscape by utilizing IoT devices to optimize hospital operations, improve patient experiences, and enhance the overall quality of care. In these settings, technology facilitates seamless communication between devices and health professionals, thereby expediting clinical interventions.The aspect of Medication Management is crucial as well, utilizing IoT technologies to ensure that patients adhere to their medication regimens and receive timely reminders for doses.

    This plays a key role in minimizing medication errors and enhancing health outcomes. 

    The increasing preference for home healthcare solutions, driven in part by an aging population and rising healthcare costs, is further propelling advancements within the Application segment. Key factors influencing this market include evolving patient expectations, advancements in telecommunications infrastructure, and growing acceptance of telehealth services.As the U.S. healthcare system continues to adapt to the rapid pace of technological change, the segmentation within the Internet Medical Things Market positions itself as a catalyst for the ongoing digital transformation in healthcare delivery and management. 

    Internet Medical Things Market Component Insights

    The US Internet Medical Things Market's Component segment plays a crucial role in the overall functionality and growth of the industry. This segment encompasses various critical elements such as Sensors, Software, Connectivity Technologies, and Services, each contributing uniquely to healthcare outcomes. Sensors are pivotal in collecting real-time patient data, facilitating timely interventions and improving patient monitoring. Software solutions enhance data analytics and management, ensuring smooth interoperability between various devices and platforms.Connectivity Technologies underpin the infrastructure, enabling seamless communication between devices and healthcare systems.

    Services, including maintenance, support, and consulting, are essential for maximizing the utility of the Internet Medical Things, ensuring that technologies are efficiently integrated into clinical workflows. 

    The US has seen a rising adoption of these components due to increasing demand for remote patient monitoring and chronic disease management, which are driving market growth. Enhanced regulatory approval processes and initiatives from health authorities further bolster the implementation of these technologies, positioning the Component segment as a significant driver of innovation and value in the US Internet Medical Things Market.Overall, the diverse functionalities within this segment highlight its importance in shaping the future of healthcare delivery and patient outcomes.

    Internet Medical Things Market End Use Insights

    The US Internet Medical Things Market focuses on diverse applications across various end-use categories, primarily Healthcare Providers, Patients, Pharmaceutical Companies, and Research Institutions. Healthcare Providers leverage the Internet Medical Things to enhance patient monitoring and streamline operations, significantly improving service delivery. Patients benefit from connected devices that facilitate better health management, leading to increased adherence to prescribed therapies and improved outcomes.

    Pharmaceutical Companies utilize data from Internet Medical Things to enhance drug development and delivery processes, ensuring products meet the market's evolving needs.Research Institutions depend on real-time data gathered through connected health technologies to drive innovation and improve clinical trials, thereby contributing to groundbreaking healthcare advancements. 

    The intertwining of these segments not only supports healthcare efficiency and effectiveness but also propels the US Internet Medical Things Market revenue by addressing patient-centric care and broadening access to healthcare information. The market faces challenges in data privacy and integration, yet presents numerous opportunities for innovation and collaboration, fostering an ecosystem where technology and healthcare converge to redefine patient experiences and clinical outcomes.

    Internet Medical Things Market Network Technology Insights

    The Network Technology segment within the US Internet Medical Things Market plays a crucial role in enabling seamless communication and data exchange among medical devices. This segment includes various technologies such as Wi-Fi, Bluetooth, Cellular, and LPWAN, each contributing uniquely to the ecosystem. Wi-Fi is particularly significant due to its ubiquity in healthcare facilities, allowing rapid data transfer and easier integration with existing IT infrastructure.

    Bluetooth technology offers low energy consumption and easy connectivity for wearable devices, which is increasingly valuable as remote patient monitoring grows.Cellular networks provide reliable connectivity for critical applications that require real-time data transmission over larger distances, making it essential for mobile health solutions. 

    LPWAN, with its low-power attributes, is gaining traction for applications that require extended battery life and wide coverage areas, especially in rural settings. As the demand for connected health solutions rises, these technologies will be pivotal in supporting innovations such as telemedicine, remote diagnostics, and smart health monitoring, significantly enhancing patient care and operational efficiency within the healthcare industry.The growth of these technologies aligns with the broader trends of digital transformation and increased reliance on data-driven healthcare practices in the US.

    Get more detailed insights about US Internet Medical Things Market Research Report - Forecast till 2035

    Key Players and Competitive Insights

    The US Internet Medical Things market is rapidly evolving, characterized by an increasing adoption of connected medical devices that facilitate remote monitoring, patient engagement, and enhanced healthcare delivery. Competitive dynamics within this sector are influenced by factors such as technological advancements, regulatory frameworks, and evolving consumer preferences. A wide array of players is vying for market share, including traditional healthcare companies, tech giants, and innovative startups, all of which are focusing on developing solutions that enhance patient outcomes and streamline business operations. 

    The landscape is marked by both collaboration and competition, as companies seek to leverage their strengths in software, hardware, and data analytics to carve out their niche in this burgeoning market.Apple has established a stronghold in the US Internet Medical Things market by leveraging its reputation for high-quality technology and user-friendly interfaces. The company's strengths lie in its innovative product suite, including health-focused features in its devices, like the Apple Watch, which offers functionalities such as heart rate monitoring and ECG capabilities.

    Apple’s robust ecosystem integrates health data seamlessly across its devices, driving user engagement and creating a loyal customer base concerned with health and wellness. 

    The company's focus on privacy and security has also solidified its position as a trustworthy brand for consumers in the health domain. Apple's commitment to research and development further bolsters its competitiveness, enabling it to continually enhance its offerings in the medical IoT space.Oracle's presence in the US Internet Medical Things market is marked by its comprehensive cloud-based solutions tailored for healthcare organizations. 

    The company specializes in developing software that allows healthcare providers to manage patient data securely and efficiently. Oracle offers a range of services, including data analytics, artificial intelligence solutions, and integrated healthcare applications, which help organizations improve operational efficiency and patient outcomes. With a history of strategic partnerships and acquisitions, Oracle has strengthened its capabilities and market foothold, enabling healthcare providers to leverage big data and advanced analytics for better decision-making processes.

    This ability to offer end-to-end solutions positions Oracle as a prominent player in the Internet Medical Things landscape, catering specifically to the evolving needs of the US healthcare sector.

    Key Companies in the US Internet Medical Things Market market include

    Industry Developments

    In recent months, the US Internet Medical Things Market has seen significant activity and developments. Companies such as Apple, Amazon, and Microsoft are increasingly focusing on integrating health tracking features into their products, particularly in smartwatches and health apps. In August 2023, Medtronic announced a partnership with IBM to enhance data analytics capabilities in remote patient monitoring, aiming to improve outcomes through artificial intelligence. Furthermore, in September 2023, Oracle confirmed its acquisition of Cerner, a move that enhances Oracle's healthcare capabilities and expands its footprint in electronic health records.

    Market valuations have fluctuated, particularly for companies leading in digital health solutions, driven by increased demand for telehealth services and wearable health technologies amid the ongoing focus on health post-pandemic. Notable transactions also occurred in early 2022 when Philips completed its acquisition of BioTelemetry, indicating a strong push towards strengthening remote patient management solutions. As investments in cybersecurity and data protection grow, major firms are vying for dominance in this rapidly evolving sector. The US Internet Medical Things Market continues to expand, marking a critical growth area for many technology and healthcare companies.

    Market Segmentation

    Outlook

    • Wi-Fi
    • Bluetooth
    • Cellular
    • LPWAN

    Internet Medical Things Market End Use Outlook

    • Healthcare Providers
    • Patients
    • Pharmaceutical Companies
    • Research Institutions

    Internet Medical Things Market Component Outlook

    • Sensors
    • Software
    • Connectivity Technologies
    • Services

    Internet Medical Things Market Application Outlook

    • Remote Patient Monitoring
    • Wearable Devices
    • Smart Hospitals
    • Medication Management

    Internet Medical Things Market Network Technology Outlook

    • Wi-Fi
    • Bluetooth
    • Cellular
    • LPWAN

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 13.28(USD Billion)
    MARKET SIZE 2024 15.5(USD Billion)
    MARKET SIZE 2035 50.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 11.235% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Apple, Oracle, Medtronic, Cisco, Fitbit, IBM, Microsoft, Samsung, Philips, Roche, GE Healthcare, Google, Johnson and Johnson, Amazon, Honeywell
    SEGMENTS COVERED Application, Component, End Use, Network Technology
    KEY MARKET OPPORTUNITIES Remote patient monitoring solutions, Integration with AI diagnostics, Wearable health tracking devices, Cybersecurity for medical data, Telehealth platform expansion
    KEY MARKET DYNAMICS regulatory compliance requirements, increasing demand for remote monitoring, growing adoption of wearable devices, advancements in data analytics, rise in chronic diseases management
    COUNTRIES COVERED US

    FAQs

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

    The expected market size of the US Internet Medical Things Market in 2024 is valued at 15.5 billion USD.

    What will the market size be in 2035?

    In 2035, the market size of the US Internet Medical Things Market is projected to reach 50.0 billion USD.

    What is the expected compound annual growth rate (CAGR) for the US Internet Medical Things Market from 2025 to 2035?

    The expected CAGR for the US Internet Medical Things Market from 2025 to 2035 is 11.235 percent.

    Which segment holds the largest market share in 2024 within the US Internet Medical Things Market?

    In 2024, the Smart Hospitals segment holds the largest market share valued at 5.0 billion USD.

    How much is the Remote Patient Monitoring segment expected to grow by 2035?

    The Remote Patient Monitoring segment is expected to grow to 12.0 billion USD by 2035.

    Who are the key players in the US Internet Medical Things Market?

    Some of the key players in the market include Apple, Oracle, Medtronic, Cisco, and Fitbit.

    What will the value of the Wearable Devices segment be in 2035?

    The Wearable Devices segment is expected to be valued at 14.0 billion USD in 2035.

    What growth opportunities exist within the US Internet Medical Things Market?

    Growth opportunities within the market include advancements in technology and increased demand for remote healthcare solutions.

    What is the projected market size for Medication Management in 2024?

    The projected market size for Medication Management in 2024 is 3.0 billion USD.

    How does the current market environment impact the growth of the US Internet Medical Things Market?

    The current market environment facilitates growth through increased awareness and adoption of connected health technologies.

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