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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 Summary

    As per MRFR analysis, the US internet medical-things market size was estimated at 14.5 USD Billion in 2024. The US internet medical-things market is projected to grow from 16.06 USD Billion in 2025 to 44.5 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 10.73% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US internet medical-things market is experiencing robust growth driven by technological advancements and changing consumer preferences.

    • The largest segment in the US internet medical-things market is wearable health technology, which is witnessing increased adoption among consumers.
    • Telehealth services are rapidly becoming the fastest-growing segment, reflecting a shift towards remote healthcare solutions.
    • Data security and privacy concerns are prompting healthcare providers to enhance their digital infrastructure and practices.
    • Rising demand for remote patient monitoring and integration of artificial intelligence in healthcare are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 14.5 (USD Billion)
    2035 Market Size 44.5 (USD Billion)

    Major Players

    Philips (NL), Siemens Healthineers (DE), GE Healthcare (US), Medtronic (US), Roche (CH), Johnson & Johnson (US), Abbott Laboratories (US), Bayer (DE)

    US Internet Medical Things Market Trends

    The internet medical-things market is currently experiencing a transformative phase, characterized by rapid technological advancements and increasing consumer adoption. The integration of smart devices into healthcare systems appears to enhance patient monitoring and management, leading to improved health outcomes. This market encompasses a wide array of applications, including remote patient monitoring, telehealth services, and wearable health technology. As healthcare providers and patients alike embrace these innovations, the demand for connected medical devices is likely to grow, driven by the need for efficient and accessible healthcare solutions. Moreover, regulatory frameworks are evolving to accommodate the unique challenges posed by the internet medical-things market. Policymakers are focusing on ensuring data security and patient privacy while promoting innovation. This delicate balance suggests that stakeholders must navigate a complex landscape of compliance and technological advancement. As the market matures, collaboration between technology developers, healthcare providers, and regulatory bodies will be essential to foster sustainable growth and address emerging challenges. The future of this market seems promising, with potential for significant advancements in patient care and health management.

    Increased Adoption of Telehealth Services

    The internet medical-things market is witnessing a notable rise in telehealth services, driven by the need for remote consultations and monitoring. This trend indicates a shift towards more accessible healthcare, allowing patients to receive care from the comfort of their homes. As technology continues to evolve, telehealth platforms are likely to become more sophisticated, integrating advanced features that enhance patient engagement and satisfaction.

    Growth of Wearable Health Technology

    Wearable health technology is gaining traction within the internet medical-things market, as consumers increasingly seek devices that monitor health metrics in real-time. This trend suggests a growing awareness of personal health management, with individuals utilizing wearables to track vital signs and fitness levels. The data collected from these devices may empower users to make informed health decisions and foster proactive healthcare practices.

    Emphasis on Data Security and Privacy

    As the internet medical-things market expands, there is a heightened focus on data security and patient privacy. Stakeholders are recognizing the importance of safeguarding sensitive health information, leading to the development of robust security measures. This trend indicates a commitment to maintaining trust between patients and healthcare providers, which is crucial for the continued growth of connected medical devices.

    US Internet Medical Things Market Drivers

    Increased Focus on Preventive Healthcare

    The internet medical-things market is witnessing a shift towards preventive healthcare, driven by rising healthcare costs and a growing awareness of health management. Consumers are increasingly seeking tools that promote wellness and disease prevention, leading to a demand for innovative solutions. For instance, wearable devices that monitor vital signs and provide health insights are gaining traction among health-conscious individuals. This trend is reflected in the market, where the wearable technology segment is expected to grow at a CAGR of 23% through 2026. As preventive healthcare becomes a priority, the internet medical-things market is likely to expand, offering a range of products aimed at enhancing individual health and well-being.

    Expansion of Health Data Interoperability

    The push for health data interoperability significantly influences the internet medical-things market. Interoperability allows different healthcare systems and devices to communicate seamlessly, facilitating better care coordination and data sharing. Recent initiatives by the US government aim to enhance interoperability standards, which could lead to a more integrated healthcare ecosystem. As a result, the internet medical-things market is expected to benefit from improved data exchange capabilities, enabling healthcare providers to access comprehensive patient information. This trend may enhance clinical decision-making and ultimately improve patient outcomes, making interoperability a critical driver in the evolving landscape of the internet medical-things market.

    Rising Demand for Remote Patient Monitoring

    The internet medical-things market experiences 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 tracking. According to recent data, approximately 60% of adults in the US manage at least one chronic condition, leading to a heightened need for effective monitoring tools. Remote monitoring devices enable healthcare providers to collect real-time data, enhancing patient engagement and adherence to treatment plans. This shift towards proactive healthcare management is likely to reshape the landscape of the internet medical-things market, as stakeholders invest in innovative technologies to meet the growing demand.

    Regulatory Support for Digital Health Innovations

    Regulatory support plays a pivotal role in shaping the internet medical-things market. The US government has implemented various policies to encourage the adoption of digital health technologies, including streamlined approval processes for medical devices and telehealth services. This supportive regulatory environment fosters innovation and investment in the internet medical-things market. For example, the FDA has introduced guidelines for digital health products, which may expedite the development and deployment of new technologies. As regulatory frameworks evolve to accommodate emerging technologies, the internet medical-things market is likely to experience accelerated growth, enabling healthcare providers to leverage innovative solutions for improved patient care.

    Integration of Artificial Intelligence in Healthcare

    The integration of artificial intelligence (AI) into the internet medical-things market is transforming healthcare delivery. AI technologies facilitate data analysis, predictive modeling, and personalized treatment plans, thereby improving patient outcomes. A report indicates that the AI in healthcare market is projected to reach $36.1 billion by 2025, reflecting a compound annual growth rate (CAGR) of 42%. This rapid growth suggests that AI applications, such as diagnostic tools and virtual health assistants, are becoming essential components of the internet medical-things market. As healthcare providers increasingly adopt AI-driven solutions, the market is likely to witness enhanced efficiency and effectiveness in patient care.

    Market Segment Insights

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

    In the US internet medical-things market, Remote Patient Monitoring holds the largest share among various application segments, significantly influencing the overall market dynamics. This segment appeals primarily to healthcare providers and patients seeking efficient and reliable health management solutions. On the other hand, wearable devices are rapidly gaining traction, reflecting a substantial share driven by consumer interest in personal health tracking and fitness. Growth in the US internet medical-things market applications is predominantly led by innovation and the adoption of advanced technologies. The need for seamless healthcare delivery has propelled Remote Patient Monitoring to the forefront, while the rising health consciousness among users fosters the expansion of wearable devices. Additionally, smart hospitals are becoming increasingly integrated with these technologies, enhancing patient care and operational efficiency.

    Remote Patient Monitoring (Dominant) vs. Wearable Devices (Emerging)

    Remote Patient Monitoring stands as the dominant application segment, characterized by its capacity to enable continuous health monitoring and real-time data transmission. This has transformed patient engagement, allowing for proactive interventions and better chronic disease management. In contrast, wearable devices, although categorized as emerging, exhibit rapid growth due to advancements in sensor technology and increasing acceptance among health-conscious consumers. These devices leverage technology to offer personalized insights and real-time feedback, appealing particularly to younger demographics. Both segments are pivotal, but their strategies differ, with Remote Patient Monitoring focusing on healthcare institutions and Wearable Devices targeting individual users seeking to enhance their health and fitness routines.

    By Component: Sensors (Largest) vs. Software (Fastest-Growing)

    The US internet medical-things market shows a prominent distribution in the component segment, with sensors taking the largest share. This category represents the backbone of medical IoT, enabling real-time data collection and monitoring, which is crucial for patient care and operational efficiency. Meanwhile, software solutions are rapidly gaining traction and are projected as the fastest-growing segment, driven by the increasing demand for advanced analytics and integration capabilities within healthcare systems. The growth trends within this segment are significantly influenced by technological advancements and regulatory support. The rise in chronic diseases has necessitated smarter solutions, leading to an increased reliance on connectivity technologies and innovative services that enhance the user experience. Subsequently, healthcare providers are investing more in software to optimize operations and improve patient outcomes, paving the way for a dynamic shift in this landscape.

    Sensors (Dominant) vs. Software (Emerging)

    Sensors are central to the functionality of the US internet medical-things market, providing critical data that aids in patient monitoring and diagnostics. Their dominance stems from the extensive application across various healthcare settings, including hospitals and home health care. Conversely, software solutions are emerging as vital for enabling data interpretation, integration, and management, enhancing the efficacy of the sensor data collected. While sensors established a strong foothold, the software segment is rapidly evolving to meet the demands for improved data analytics and interoperability, making it a key player in the future of digital health.

    By End Use: Healthcare Providers (Largest) vs. Patients (Fastest-Growing)

    In the US internet medical-things market, the distribution of market share among the end use segments reveals healthcare providers as the largest segment, leveraging technology to enhance patient care and streamline operations. The patients' segment, although smaller in market share, is gaining momentum as more individuals adopt remote health monitoring devices, reflecting the shifting dynamics in healthcare delivery. Growth trends indicate that while the healthcare provider segment continues to thrive, driven by increasing investments in digital health solutions, the patient segment is rapidly expanding. The demand for personalized and convenient healthcare services is motivating patients to embrace internet-connected medical devices. Furthermore, the COVID-19 pandemic has accelerated this trend, pushing both segments towards more integrated health solutions.

    Healthcare Providers: Dominant vs. Patients: Emerging

    The dominant healthcare provider segment is characterized by established institutions that utilize advanced technologies to improve patient outcomes and operational efficiency. This segment encompasses hospitals, clinics, and healthcare networks that invest significantly in internet medical technologies. Conversely, the emerging patient segment reflects a new wave of health-conscious individuals who are leveraging mobile health applications and wearable devices. This shift is largely driven by the desire for proactive health management and real-time access to health information. The tailored solutions for patients are shaping a new foundation for health engagement, contrasting the traditional provider-centric approach.

    By Network Technology: Wi-Fi (Largest) vs. Bluetooth (Fastest-Growing)

    In the US internet medical-things market, the distribution of network technology is characterized by the prominence of Wi-Fi, which holds the largest market share due to its widespread adoption and reliability in delivering high-speed connectivity. Bluetooth follows, presenting itself as a strong challenger, particularly in wearable and portable medical devices where low power consumption and ease of connectivity are favored. The integration of wireless technologies in health monitoring and telemedicine solutions also witnesses increasing guidance towards these segments. Growth trends reveal that while Wi-Fi remains dominant, Bluetooth is rapidly becoming the fastest-growing network technology within the segment. Its growth is driven by increasing demand for wearable healthcare devices that connect seamlessly to smartphones and cloud services. Additionally, advancements in Bluetooth technology are enabling richer data transfer capabilities, facilitating more comprehensive remote patient monitoring solutions, thus enhancing its attraction for developers and manufacturers in the US market.

    Wi-Fi (Dominant) vs. Bluetooth (Emerging)

    Wi-Fi is the dominant network technology in the segment, primarily due to its high data transfer speeds and ability to support multiple connections simultaneously. Its characteristics, such as longer range and substantial bandwidth, make it an ideal choice for hospital infrastructures needing robust interconnectivity for devices. In contrast, Bluetooth is emerging as a significant player thanks to its low energy consumption and convenience in connecting personal medical devices. The advent of Bluetooth Low Energy (BLE) has further propelled its adoption in the US market, particularly in portable health monitoring solutions where battery life and ease of pairing are critical factors. As more consumers embrace health-tech devices, Bluetooth’s flexibility and energy efficiency position it well for future growth.

    Get more detailed insights about US Internet Medical Things Market

    Key Players and Competitive Insights

    The internet medical-things market is characterized by a rapidly evolving competitive landscape, driven by technological advancements and increasing demand for remote healthcare solutions. Major players such as GE Healthcare (US), Medtronic (US), and Philips (NL) are strategically positioning themselves through innovation and partnerships. GE Healthcare (US) focuses on integrating AI into its imaging solutions, enhancing diagnostic accuracy and operational efficiency. Medtronic (US) emphasizes digital health platforms that facilitate remote patient monitoring, thereby improving patient outcomes and reducing healthcare costs. Philips (NL) is advancing its telehealth services, aiming to create a seamless patient experience through connected health technologies. Collectively, these strategies foster a competitive environment that prioritizes technological integration and patient-centric solutions.

    Key business tactics within the 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 leverage their resources to maintain market share. The collective influence of these key players shapes the market dynamics, as they compete not only on product offerings but also on service delivery and technological capabilities.

    In October 2025, Medtronic (US) announced a partnership with a leading telecommunication company to enhance its remote monitoring capabilities. This collaboration aims to leverage advanced connectivity solutions, enabling real-time data transmission from patients to healthcare providers. The strategic importance of this partnership lies in its potential to improve patient engagement and adherence to treatment plans, ultimately leading to better health outcomes and reduced hospital readmissions.

    In September 2025, GE Healthcare (US) launched a new AI-driven imaging platform designed to streamline workflows in radiology departments. This platform utilizes machine learning algorithms to assist radiologists in identifying anomalies more efficiently. The introduction of this technology is significant as it not only enhances diagnostic precision but also addresses the growing demand for faster imaging services in a resource-constrained environment.

    In August 2025, Philips (NL) expanded its telehealth services by acquiring a digital health startup specializing in remote patient monitoring solutions. This acquisition is strategically important as it allows Philips to enhance its existing portfolio and strengthen its position in the telehealth market. By integrating innovative technologies from the startup, Philips aims to provide comprehensive solutions that cater to the evolving needs of healthcare providers and patients alike.

    As of November 2025, current competitive trends in the internet medical-things market are heavily influenced by digitalization, sustainability, and AI integration. 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 enhanced patient experiences. This shift underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive edge in a dynamic market.

    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.

    Future Outlook

    US Internet Medical Things Market Future Outlook

    The internet medical-things market is projected to grow at a 10.73% CAGR from 2024 to 2035, driven by technological advancements, increased healthcare demand, and regulatory support.

    New opportunities lie in:

    • Development of AI-driven telehealth platforms for remote patient monitoring.
    • Integration of IoT devices in chronic disease management solutions.
    • Expansion of data analytics services for personalized healthcare insights.

    By 2035, the market is expected to achieve substantial growth, driven by innovation and strategic investments.

    Market Segmentation

    US Internet Medical Things Market End Use Outlook

    • Healthcare Providers
    • Patients
    • Pharmaceutical Companies
    • Research Institutions

    US Internet Medical Things Market Component Outlook

    • Sensors
    • Software
    • Connectivity Technologies
    • Services

    US Internet Medical Things Market Application Outlook

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

    US Internet Medical Things Market Network Technology Outlook

    • Wi-Fi
    • Bluetooth
    • Cellular
    • LPWAN

    Report Scope

    MARKET SIZE 2024 14.5(USD Billion)
    MARKET SIZE 2025 16.06(USD Billion)
    MARKET SIZE 2035 44.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.73% (2024 - 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 Philips (NL), Siemens Healthineers (DE), GE Healthcare (US), Medtronic (US), Roche (CH), Johnson & Johnson (US), Abbott Laboratories (US), Bayer (DE)
    Segments Covered Application, Component, End Use, Network Technology
    Key Market Opportunities Integration of artificial intelligence in remote patient monitoring enhances efficiency and patient engagement.
    Key Market Dynamics Rapid technological advancements drive innovation and competition in the internet medical-things market.
    Countries Covered US

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    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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