
Global & Sweden IoT Medical Devices Market to 2033
Description
Taiwan is emerging as a vibrant market for IoT medical devices, driven by its robust ICT sector, sophisticated healthcare system, and the impending transition to a super-aged society by 2025, where one in five residents will be seniors, as reported by the National Development Council. This demographic shift, along with nearly 80% of Taiwanese aged 54 and above suffering from at least one chronic illness according to the Taipei Times, significantly boosts the need for remote healthcare solutions.
Telemedicine and remote patient monitoring are central to this development. In June 2025, the Taiwanese government allocated a budget of US$33.7 million for a one-year pilot program aimed at testing AI telemedicine technologies in rural regions, thereby improving healthcare access for marginalized populations. This initiative seeks to deliver high-quality medical care directly to homes in remote areas.
Additionally, the concept of smart hospitals is gaining momentum. Eight hospitals in Taiwan, including Taichung Veterans General Hospital and National Taiwan University Hospital, have been featured in Newsweek's 2025 Global Smart Hospital Rankings. These institutions are utilizing AI to enhance diagnostic accuracy, optimize workflows, and alleviate staff burdens. For example, Taichung Veterans General Hospital is collaborating with Foxconn to create innovative solutions such as the AI nursing assistant robot named Nurabot. Furthermore, the Medical Devices Act, which was enacted in May 2021, establishes a more defined regulatory environment for digital health technologies, thereby fostering the expansion of IoT medical devices.
Telemedicine and remote patient monitoring are central to this development. In June 2025, the Taiwanese government allocated a budget of US$33.7 million for a one-year pilot program aimed at testing AI telemedicine technologies in rural regions, thereby improving healthcare access for marginalized populations. This initiative seeks to deliver high-quality medical care directly to homes in remote areas.
Additionally, the concept of smart hospitals is gaining momentum. Eight hospitals in Taiwan, including Taichung Veterans General Hospital and National Taiwan University Hospital, have been featured in Newsweek's 2025 Global Smart Hospital Rankings. These institutions are utilizing AI to enhance diagnostic accuracy, optimize workflows, and alleviate staff burdens. For example, Taichung Veterans General Hospital is collaborating with Foxconn to create innovative solutions such as the AI nursing assistant robot named Nurabot. Furthermore, the Medical Devices Act, which was enacted in May 2021, establishes a more defined regulatory environment for digital health technologies, thereby fostering the expansion of IoT medical devices.
Table of Contents
128 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Sweden IoT Medical Devices Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. IoT Medical Devices Market Key Market Dynamics
- 5.1 IoT Medical Devices Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Sweden IoT Medical Devices Market – Analysis
- 6.1 Sweden IoT Medical Devices Market Revenue (US$ Million), 2022–2033
- 6.2 Sweden IoT Medical Devices Market Revenue and Forecast Analysis
- 7. Sweden IoT Medical Devices Market Analysis – by Product
- 7.1 Sweden IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Sweden IoT Medical Devices Market Analysis – by Technology
- 8.1 Sweden IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
- 9. Sweden IoT Medical Devices Market Analysis – by Application
- 9.1 Sweden IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
- 10. Sweden IoT Medical Devices Market Analysis – by End User
- 10.1 Sweden 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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