
Global & Germany IoT Medical Devices Market to 2033
Description
India is emerging as a promising market for IoT medical devices, fueled by its large and varied population, the rising incidence of chronic illnesses, a strong commitment to digital healthcare innovation, and an increasing need for affordable and accessible medical solutions. A major catalyst for this growth is the Ayushman Bharat Digital Mission (ABDM), which was initiated by the Indian government in 2020. This comprehensive initiative aims to establish a nationwide digital health framework that utilizes technologies such as AI, IoT, Blockchain, and cloud computing. The ABDM offers a secure platform for electronic health records, telemedicine, and cashless healthcare services, effectively connecting various healthcare stakeholders. By February 2025, more than 730 million Ayushman Bharat Health Accounts (ABHA) had been established, providing individuals with a unique health identifier to digitally store and share their medical records.
The segment of remote patient monitoring is rapidly growing, catering to the rising demand for home-based care for chronic conditions such as diabetes, hypertension, and heart disease. For instance, in February 2025, MediBuddy, a digital healthcare platform, partnered with ELECOM, a Japanese electronics firm, to launch IoT-enabled health monitoring devices in India. This collaboration aims to enhance access to digital healthcare solutions and tackle the increasing burden of diseases. Furthermore, in December 2024, the MeitY-NASSCOM Centre of Excellence for AI and IoT worked with startups to create solutions aimed at improving diagnostics and lowering healthcare costs, especially in rural regions.
Smart hospital initiatives are also on the rise, with hospitals increasingly integrating IoT for real-time patient monitoring, asset tracking, and enhancing operational efficiency. For example, some hospitals have adopted QR code-enabled systems for patient reports and digital receipt systems to streamline operations, as demonstrated in Jharkhand's state-run hospitals in July 2025. Additionally, the Lucknow division of Northern Railways launched a fully digital e-referral system for its employees and pensioners in July 2025, utilizing UMID (Unique Medical Identification) cards to facilitate seamless and efficient medical access. These government initiatives, along with advancements in sensor and connectivity technologies, position India as a significant contender in the global IoT medical devices market.
The segment of remote patient monitoring is rapidly growing, catering to the rising demand for home-based care for chronic conditions such as diabetes, hypertension, and heart disease. For instance, in February 2025, MediBuddy, a digital healthcare platform, partnered with ELECOM, a Japanese electronics firm, to launch IoT-enabled health monitoring devices in India. This collaboration aims to enhance access to digital healthcare solutions and tackle the increasing burden of diseases. Furthermore, in December 2024, the MeitY-NASSCOM Centre of Excellence for AI and IoT worked with startups to create solutions aimed at improving diagnostics and lowering healthcare costs, especially in rural regions.
Smart hospital initiatives are also on the rise, with hospitals increasingly integrating IoT for real-time patient monitoring, asset tracking, and enhancing operational efficiency. For example, some hospitals have adopted QR code-enabled systems for patient reports and digital receipt systems to streamline operations, as demonstrated in Jharkhand's state-run hospitals in July 2025. Additionally, the Lucknow division of Northern Railways launched a fully digital e-referral system for its employees and pensioners in July 2025, utilizing UMID (Unique Medical Identification) cards to facilitate seamless and efficient medical access. These government initiatives, along with advancements in sensor and connectivity technologies, position India as a significant contender in the global IoT medical devices market.
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. Germany 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. Germany IoT Medical Devices Market – Analysis
- 6.1 Germany IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Germany IoT Medical Devices Market Revenue and Forecast Analysis
- 7. Germany IoT Medical Devices Market Analysis – by Product
- 7.1 Germany IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Germany IoT Medical Devices Market Analysis – by Technology
- 8.1 Germany IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. Germany IoT Medical Devices Market Analysis – by Application
- 9.1 Germany IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. Germany IoT Medical Devices Market Analysis – by End User
- 10.1 Germany 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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