
Global & Singapore IoT Medical Devices Market to 2033
Description
South Africa is rapidly becoming a key market for Internet of Things (IoT) medical devices, influenced by its intricate healthcare system, a strong drive for digital transformation aimed at enhancing access and efficiency, and the rising prevalence of both chronic and infectious diseases. Although the population is relatively youthful compared to developed countries, with around 9.7% of individuals aged 60 and above projected for 2024, this demographic is on the rise. A study from May 2025 published in PMC revealed that multimorbidity, defined as the presence of two or more chronic conditions, affected 45.3% of the population analyzed in 2016, with hypertension (46.4%) and diabetes (22.6%) being particularly common.
The South African government is making significant investments in digital health initiatives. The Roadmap for the Digital Transformation of the South African Government, released in May 2025, outlines a strategy to modernize public service delivery, including healthcare, through enhanced coordination and shared systems. Additionally, the South African Health Products Regulatory Authority (SAHPRA) unveiled its strategic plan for 2025/26 to 2029/30 in April 2025, which emphasizes the regulation of medical devices.
Telemedicine and remote patient monitoring are pivotal in this transformation. South Africa boasts the highest rate of telemedicine adoption in Sub-Saharan Africa, with a focus on specialist consultations, chronic disease management, and mental health services, as noted in a March 2025 review in PMC. The growing integration of telemedicine with home healthcare services is driving the demand for remote monitoring devices, particularly for elderly and vulnerable patients. While smart hospital initiatives are emerging, they often concentrate on localized solutions due to reductions in foreign funding. This trend towards local innovation includes efforts to digitize production and regulatory compliance processes for medical products.
The South African government is making significant investments in digital health initiatives. The Roadmap for the Digital Transformation of the South African Government, released in May 2025, outlines a strategy to modernize public service delivery, including healthcare, through enhanced coordination and shared systems. Additionally, the South African Health Products Regulatory Authority (SAHPRA) unveiled its strategic plan for 2025/26 to 2029/30 in April 2025, which emphasizes the regulation of medical devices.
Telemedicine and remote patient monitoring are pivotal in this transformation. South Africa boasts the highest rate of telemedicine adoption in Sub-Saharan Africa, with a focus on specialist consultations, chronic disease management, and mental health services, as noted in a March 2025 review in PMC. The growing integration of telemedicine with home healthcare services is driving the demand for remote monitoring devices, particularly for elderly and vulnerable patients. While smart hospital initiatives are emerging, they often concentrate on localized solutions due to reductions in foreign funding. This trend towards local innovation includes efforts to digitize production and regulatory compliance processes for medical products.
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. Singapore 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. Singapore IoT Medical Devices Market – Analysis
- 6.1 Singapore IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Singapore IoT Medical Devices Market Revenue and Forecast Analysis
- 7. Singapore IoT Medical Devices Market Analysis – by Product
- 7.1 Singapore IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Singapore IoT Medical Devices Market Analysis – by Technology
- 8.1 Singapore IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. Singapore IoT Medical Devices Market Analysis – by Application
- 9.1 Singapore IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. Singapore IoT Medical Devices Market Analysis – by End User
- 10.1 Singapore 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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