
Global & Italy IoT Medical Devices Market to 2033
Description
Kuwait is emerging as a promising market for IoT-enabled medical technologies, driven by its national development goals, significant investments in healthcare, and a strategic emphasis on digital health solutions aimed at its aging population. As of 2023, individuals aged 65 and older make up 3.3% of the population, with a median age projected to be 34.8 years by 2025. The country is proactively preparing for future healthcare needs, especially in light of the rising incidence of non-communicable diseases linked to lifestyle choices, as highlighted by the Global Obesity Observatory in May 2025.
Under its Vision 2035 initiative, Kuwait has pledged transformative investments in healthcare infrastructure, with a budget of US$ 10 billion for the fiscal year 2024/2025, which includes US$ 56 million earmarked for digital health projects, according to the International Trade Administration. A significant aspect of this strategy is the Ministry of Health’s initiative to establish a Hospital Information Exchange platform, which aims to digitize operations across 28 public hospitals and healthcare centers to improve efficiency and service delivery. These initiatives will be showcased at the 4th Digital Transformation Kuwait Conference in November 2025, which will also emphasize the integration of AI in healthcare.
Telemedicine is emerging as a key area for growth. Although public sector services are still in the early stages, private healthcare providers are utilizing general video conferencing tools to offer remote consultations. A noteworthy development occurred in May 2025 when Kuwait Hospital formed a strategic partnership with SAP to expedite its digital transformation. This collaboration aims to enhance hospital operations, improve patient care standards, and modernize workforce management through cloud-based solutions and real-time analytics. These efforts are establishing the groundwork for Kuwait to become a significant player in the regional IoT medical device market.
Under its Vision 2035 initiative, Kuwait has pledged transformative investments in healthcare infrastructure, with a budget of US$ 10 billion for the fiscal year 2024/2025, which includes US$ 56 million earmarked for digital health projects, according to the International Trade Administration. A significant aspect of this strategy is the Ministry of Health’s initiative to establish a Hospital Information Exchange platform, which aims to digitize operations across 28 public hospitals and healthcare centers to improve efficiency and service delivery. These initiatives will be showcased at the 4th Digital Transformation Kuwait Conference in November 2025, which will also emphasize the integration of AI in healthcare.
Telemedicine is emerging as a key area for growth. Although public sector services are still in the early stages, private healthcare providers are utilizing general video conferencing tools to offer remote consultations. A noteworthy development occurred in May 2025 when Kuwait Hospital formed a strategic partnership with SAP to expedite its digital transformation. This collaboration aims to enhance hospital operations, improve patient care standards, and modernize workforce management through cloud-based solutions and real-time analytics. These efforts are establishing the groundwork for Kuwait to become a significant player in the regional IoT medical device 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. Italy 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. Italy IoT Medical Devices Market – Analysis
- 6.1 Italy IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Italy IoT Medical Devices Market Revenue and Forecast Analysis
- 7. Italy IoT Medical Devices Market Analysis – by Product
- 7.1 Italy IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Italy IoT Medical Devices Market Analysis – by Technology
- 8.1 Italy IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. Italy IoT Medical Devices Market Analysis – by Application
- 9.1 Italy IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. Italy IoT Medical Devices Market Analysis – by End User
- 10.1 Italy 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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