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Global & Switzerland IoT Medical Devices Market to 2033

Publisher Business Market Insights
Published Jul 31, 2025
Length 128 Pages
SKU # BMKS20289963

Description

Thailand is experiencing significant growth in the market for IoT medical devices, fueled by proactive digital health initiatives, an increasingly aging population, and a strong emphasis on developing smart hospitals and telemedicine services. The United Nations has classified Thailand as an aging society, with projections indicating that by the end of 2025, 21.2% of the population will be aged 60 and above. This demographic change is driving a heightened demand for home healthcare and remote monitoring solutions for chronic illnesses.

The Thai government is actively fostering digital transformation in healthcare through its Thailand 4.0 vision and the Digital Health Strategy (2021–2025) set forth by the Ministry of Public Health. This strategy focuses on enhancing telemedicine infrastructure, especially in rural and underserved regions, and on training local professionals in digital health. Telemedicine usage has surged, with a study published in PMC in June 2025 revealing that 63.63% of respondents had utilized telemedicine applications. Additionally, an analysis of telemedicine service usage from December 2020 to April 2023, published by HITAP, indicated that over 110,000 unique patients accessed these services, with hypertension being the most frequently reported condition.

At the forefront of IoT adoption are smart hospital initiatives. Siriraj Hospital, in collaboration with Huawei, has introduced the Siriraj World Class 5G Smart Hospital, which aims to serve as a model for smart hospitals by leveraging 5G, AI, and cloud technologies to enhance operational efficiency and patient experience. This includes innovations such as 5G-enabled self-driving vehicles for transporting medical supplies and smart emergency rooms. Other hospitals are also integrating robotic and AI technologies to improve patient care and operational effectiveness. For example, in August 2023, Mahidol University, Siriraj Hospital, and True Corporation launched an AI Smart Logistics project for the 5G Smart Hospital, focusing on the development of 5G cloud computing and AI technologies for managing drug storage and transportation. These strategic efforts, combined with the increasing prevalence of chronic diseases, position Thailand as a rapidly growing 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. Switzerland 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. Switzerland IoT Medical Devices Market – Analysis
6.1 Switzerland IoT Medical Devices Market Revenue (US$ Million), 2022–2033
6.2 Switzerland IoT Medical Devices Market Revenue and Forecast Analysis
7. Switzerland IoT Medical Devices Market Analysis – by Product
7.1 Switzerland IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
8. Switzerland IoT Medical Devices Market Analysis – by Technology
8.1 Switzerland IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Technology
9. Switzerland IoT Medical Devices Market Analysis – by Application
9.1 Switzerland IoT Medical Devices Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Application
10. Switzerland IoT Medical Devices Market Analysis – by End User
10.1 Switzerland 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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