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Internet of Things (IoT) Medical Devices - Global Market Trajectory & Analytics

  • ID: 5302512
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Abbott Laboratories
  • Alivecor
  • Biotronik
  • GE Healthcare
  • Johnson & Johnson
  • Omron
Global Internet of Things (IoT) Medical Devices Market to Reach $127 Billion by 2027

Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Medical Devices estimated at US$31.3 Billion in the year 2020, is projected to reach a revised size of US$127 Billion by 2027, growing at a CAGR of 22.2% over the analysis period 2020-2027. Wi-Fi, one of the segments analyzed in the report, is projected to record a 23.5% CAGR and reach US$55.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bluetooth segment is readjusted to a revised 21.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $9.4 Billion, While China is Forecast to Grow at 21.6% CAGR

The Internet of Things (IoT) Medical Devices market in the U.S. is estimated at US$9.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.1 Billion by the year 2027 trailing a CAGR of 21.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 18.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.

ZigBee Segment to Record 22.1% CAGR

In the global ZigBee segment, USA, Canada, Japan, China and Europe will drive the 22.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5 Billion in the year 2020 will reach a projected size of US$20.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.8 Billion by the year 2027.

Select Competitors (Total 37 Featured):
  • Abbott Laboratories
  • Agamatrix
  • Alivecor
  • Biotelemetry
  • Biotronik
  • Boston Scientific
  • GE Healthcare
  • Honeywell Life Care Solutions
  • Ihealth Lab
  • Johnson & Johnson
  • Medtronic
  • Omron
  • Philips Healthcare (Philips)
  • Siemens
  • Stanley Healthcare
  • Welch Allyn
Frequently Asked Questions about the Global Market for Internet of Things (IoT) Medical Devices

What is the estimated value of the Global Market for Internet of Things (IoT) Medical Devices?

The Global Market for Internet of Things (IoT) Medical Devices was estimated to be valued at $31.3 Billion in 2020.

What is the growth rate of the Global Market for Internet of Things (IoT) Medical Devices?

The growth rate of the Global Market for Internet of Things (IoT) Medical Devices is 22.2%, with an estimated value of $127.0 Billion by 2027.

What is the forecasted size of the Global Market for Internet of Things (IoT) Medical Devices?

The Global Market for Internet of Things (IoT) Medical Devices is estimated to be worth $127.0 Billion by 2027.

Who are the key companies in the Global Market for Internet of Things (IoT) Medical Devices?

Key companies in the Global Market for Internet of Things (IoT) Medical Devices include Abbott Laboratories, Agamatrix, Alivecor, Biotelemetry, Biotronik, Boston Scientific, GE Healthcare, Honeywell Life Care Solutions and Johnson & Johnson.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abbott Laboratories
  • Alivecor
  • Biotronik
  • GE Healthcare
  • Johnson & Johnson
  • Omron
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Internet of Things (IoT) Medical Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Internet of Things (IoT) Medical Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Wi-Fi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Wi-Fi by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Bluetooth by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Bluetooth by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for ZigBee by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for ZigBee by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Other Connectivity Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Other Connectivity Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 11: USA Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 12: USA 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • CANADA
  • Table 13: Canada Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 14: Canada 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • JAPAN
  • Table 15: Japan Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: Japan 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • CHINA
  • Table 17: China Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: China 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • EUROPE
  • Table 19: Europe Current & Future Analysis for Internet of Things (IoT) Medical Devices by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: Europe 7-Year Perspective for Internet of Things (IoT) Medical Devices by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 21: Europe Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: Europe 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • FRANCE
  • Table 23: France Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: France 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • GERMANY
  • Table 25: Germany Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Germany 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • ITALY
  • Table 27: Italy Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Italy 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 29: UK Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: UK 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 31: Rest of Europe Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 32: Rest of Europe 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 33: Asia-Pacific Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 34: Asia-Pacific 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
  • REST OF WORLD
  • Table 35: Rest of World Current & Future Analysis for Internet of Things (IoT) Medical Devices by Connectivity Technology - Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: Rest of World 7-Year Perspective for Internet of Things (IoT) Medical Devices by Connectivity Technology - Percentage Breakdown of Value Sales for Wi-Fi, Bluetooth, ZigBee and Other Connectivity Technologies for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 37
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Abbott Laboratories
  • Agamatrix
  • Alivecor
  • Biotelemetry
  • Biotronik
  • Boston Scientific
  • GE Healthcare
  • Honeywell Life Care Solutions
  • Ihealth Lab
  • Johnson & Johnson
  • Medtronic
  • Omron
  • Philips Healthcare (Philips)
  • Siemens
  • Stanley Healthcare
  • Welch Allyn
Note: Product cover images may vary from those shown
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