Global & Denmark IoT Medical Devices Market to 2033
Description
Finland stands out as a leading market for IoT medical devices, characterized by its advanced digital landscape, a strong public healthcare system, and a commitment to utilizing technology to tackle healthcare challenges. The country consistently ranks high in digital economy and societal metrics, which positively influences its healthcare sector. The Finnish government has made digitalization a priority, as seen in initiatives like the Strategy for Digitalisation and Information Management in Healthcare and Social Welfare. This strategy focuses on creating digital services that empower individuals to take charge of their health and wellbeing while alleviating the burden on healthcare professionals.
A significant goal is for Finland to emerge as a global leader in digital health expertise and exports, a vision supported by the Digital Health Finland network collaboration initiated by the Ministry of Social Affairs and Health in May 2025. Finland features a national digital patient data repository known as Kanta services, which encompasses both public and private healthcare sectors. Every Finnish citizen can access their health records and e-prescription history online through Kanta, making the health data landscape in Finland notably comprehensive, as reported by the International Trade Administration in their Finland - Healthcare Technologies report. This established interoperable framework is crucial for the advancement of IoT medical devices.
The area of remote patient monitoring is expanding, driven by the need to support the independence of an aging population, which increases the demand for home-based IoT solutions. Although large-scale public remote patient monitoring initiatives using IoT devices are not widely publicized, Finnish digital health companies are actively engaged in this space. For instance, Medixine, a company based in Finland, provides a robust software platform that connects with various monitoring devices to oversee chronic conditions such as CHF, COPD, and hypertension, offering real-time insights to healthcare providers, as detailed on their website.
Additionally, innovative smart hospital projects are on the rise. The Digital Health Village, a groundbreaking digital service platform launched in 2016 and managed by HUS (the Hospital District of Helsinki and Uusimaa), merges digital care pathways with expert information online, aiming to reduce the strain on conventional healthcare systems. This cloud-based platform is designed for scalability and security, leading to significant efficiency improvements, including saving healthcare professionals up to 26 minutes daily, as highlighted in a CCH article titled How Finland's Digital Health Village is Redefining Healthcare Delivery published in May 2024. The platform is also exploring the integration of AI and large language models to further customize and enhance its offerings.
Finland's highly digitalized environment, dedication to data-driven healthcare, and collaborative efforts between industry and government reinforce its status as a mature and innovative market for IoT medical devices.
A significant goal is for Finland to emerge as a global leader in digital health expertise and exports, a vision supported by the Digital Health Finland network collaboration initiated by the Ministry of Social Affairs and Health in May 2025. Finland features a national digital patient data repository known as Kanta services, which encompasses both public and private healthcare sectors. Every Finnish citizen can access their health records and e-prescription history online through Kanta, making the health data landscape in Finland notably comprehensive, as reported by the International Trade Administration in their Finland - Healthcare Technologies report. This established interoperable framework is crucial for the advancement of IoT medical devices.
The area of remote patient monitoring is expanding, driven by the need to support the independence of an aging population, which increases the demand for home-based IoT solutions. Although large-scale public remote patient monitoring initiatives using IoT devices are not widely publicized, Finnish digital health companies are actively engaged in this space. For instance, Medixine, a company based in Finland, provides a robust software platform that connects with various monitoring devices to oversee chronic conditions such as CHF, COPD, and hypertension, offering real-time insights to healthcare providers, as detailed on their website.
Additionally, innovative smart hospital projects are on the rise. The Digital Health Village, a groundbreaking digital service platform launched in 2016 and managed by HUS (the Hospital District of Helsinki and Uusimaa), merges digital care pathways with expert information online, aiming to reduce the strain on conventional healthcare systems. This cloud-based platform is designed for scalability and security, leading to significant efficiency improvements, including saving healthcare professionals up to 26 minutes daily, as highlighted in a CCH article titled How Finland's Digital Health Village is Redefining Healthcare Delivery published in May 2024. The platform is also exploring the integration of AI and large language models to further customize and enhance its offerings.
Finland's highly digitalized environment, dedication to data-driven healthcare, and collaborative efforts between industry and government reinforce its status as a mature and innovative market for IoT medical devices.
Table of Contents
128 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Denmark IoT Medical Devices Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. IoT Medical Devices Market Key Market Dynamics
- 5.1 IoT Medical Devices Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Denmark IoT Medical Devices Market – Analysis
- 6.1 Denmark IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Denmark IoT Medical Devices Market Revenue and Forecast Analysis
- 7. Denmark IoT Medical Devices Market Analysis – by Product
- 7.1 Denmark IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Denmark IoT Medical Devices Market Analysis – by Technology
- 8.1 Denmark IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. Denmark IoT Medical Devices Market Analysis – by Application
- 9.1 Denmark IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. Denmark IoT Medical Devices Market Analysis – by End User
- 10.1 Denmark IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by End User
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.1 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.2 Partnerships and Collaborations
- 12.2 Other Developments
- 13. Company Profiles
- 13.1 Medtronic Plc
- 13.1. 1 Key Facts
- 13.1. 2 Business Description
- 13.1. 3 Products and Services
- 13.1. 4 Financial Overview
- 13.1. 5 SWOT Analysis
- 13.1. 6 Key Developments
- 13.2 GE HealthCare Technologies Inc
- 13.2. 1 Key Facts
- 13.2. 2 Business Description
- 13.2. 3 Products and Services
- 13.2. 4 Financial Overview
- 13.2. 5 SWOT Analysis
- 13.2. 6 Key Developments
- 13.3 Koninklijke Philips NV
- 13.3. 1 Key Facts
- 13.3. 2 Business Description
- 13.3. 3 Products and Services
- 13.3. 4 Financial Overview
- 13.3. 5 SWOT Analysis
- 13.3. 6 Key Developments
- 13.4 Abbott Laboratories
- 13.4. 1 Key Facts
- 13.4. 2 Business Description
- 13.4. 3 Products and Services
- 13.4. 4 Financial Overview
- 13.4. 5 SWOT Analysis
- 13.4. 6 Key Developments
- 13.5 Boston Scientific Corp
- 13.5. 1 Key Facts
- 13.5. 2 Business Description
- 13.5. 3 Products and Services
- 13.5. 4 Financial Overview
- 13.5. 5 SWOT Analysis
- 13.5. 6 Key Developments
- 13.6 Omron Healthcare Inc
- 13.6. 1 Key Facts
- 13.6. 2 Business Description
- 13.6. 3 Products and Services
- 13.6. 4 Financial Overview
- 13.6. 5 SWOT Analysis
- 13.6. 6 Key Developments
- 13.7 Baxter International Inc
- 13.7. 1 Key Facts
- 13.7. 2 Business Description
- 13.7. 3 Products and Services
- 13.7. 4 Financial Overview
- 13.7. 5 SWOT Analysis
- 13.7. 6 Key Developments
- 13.8 Siemens Healthineers AG
- 13.8. 1 Key Facts
- 13.8. 2 Business Description
- 13.8. 3 Products and Services
- 13.8. 4 Financial Overview
- 13.8. 5 SWOT Analysis
- 13.8. 6 Key Developments
- 13.9 Johnson & Johnson
- 13.9. 1 Key Facts
- 13.9. 2 Business Description
- 13.9. 3 Products and Services
- 13.9. 4 Financial Overview
- 13.9. 5 SWOT Analysis
- 13.9. 6 Key Developments
- 13.10 Dragerwerk AG & Co KGaA
- 13.10. 1 Key Facts
- 13.10. 2 Business Description
- 13.10. 3 Products and Services
- 13.10. 4 Financial Overview
- 13.10. 5 SWOT Analysis
- 13.10. 6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
- 14.2 List of Abbreviations
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