Healthcare is becoming increasingly connected. Wearable sensors track heart rate and glucose levels, smart infusion pumps communicate with hospital systems, and imaging equipment shares data instantly with specialists across the world. This network of connected devices, software and services is reshaping how care is delivered, monitored and managed. The use of IoT in healthcare is helping providers improve outcomes, reduce costs and extend care beyond hospital walls.

Market Size and Growth Outlook

According to Polaris Market Research, the global Internet of Things (IoT) in healthcare market was valued at USD 174.87 billion in 2025. It is expected to reach USD 205.81 billion in 2026 and USD 775.47 billion by 2034, growing at a CAGR of 18.0% from 2026 to 2034. This strong growth reflects the rapid digital transformation of healthcare systems around the world.

What Is the Internet of Medical Things?

The internet of medical things, often called IoMT, refers to the ecosystem of medical devices, sensors, software applications and health systems connected through networks. These connected tools collect, transmit and analyze health data in real time. Examples include wearable fitness and health trackers, remote patient monitoring devices, smart beds, connected inhalers, ingestible sensors and hospital asset tracking systems. By linking devices and data, IoMT enables more proactive and personalized care.

Key Growth Drivers

Rising Prevalence of Chronic Diseases

Chronic conditions such as diabetes, cardiovascular disease and respiratory disorders require ongoing monitoring and management. Connected devices allow patients to track vital signs and symptoms continuously, while clinicians can receive alerts when readings move outside safe ranges. This helps prevent complications, reduce emergency visits and improve quality of life.

Expansion of Telehealth and Remote Monitoring

Telehealth has become a mainstream part of healthcare delivery. Connected devices make virtual consultations more effective by giving clinicians accurate, real-time data on patients at home. Remote patient monitoring programs are especially valuable for elderly patients, post-surgical recovery and chronic disease management, allowing care teams to monitor more patients without requiring in-person visits.

Investment in Digital Health Infrastructure and AI

Governments, hospitals and technology companies are investing heavily in digital health infrastructure, including cloud platforms, cybersecurity and interoperable health records. The combination of IoT devices with artificial intelligence allows healthcare providers to turn large volumes of data into actionable insights, such as predicting patient deterioration or optimizing hospital operations.

Segment Insights

Polaris Market Research segments the IoT in healthcare market by component, connectivity technology, end user and application. By component, the market includes medical devices, systems and software, and services. Medical devices form the foundation of IoT systems, while software and services are critical for data management, analytics, integration and support.

By connectivity technology, the market covers cellular networks and low power wide area networks, with each suited to different use cases depending on range, power consumption and data needs. By end user, the market includes hospitals, surgical centers and clinics; clinical research organizations; government and defense institutions; and research and diagnostic laboratories.

By application, IoT is used in telemedicine, clinical operations and workflow management, connected imaging, inpatient monitoring, medication management and other areas. Clinical workflow applications help hospitals track equipment, manage beds and streamline staff tasks, while medication management solutions improve adherence and reduce dosing errors.

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Challenges: Security and Interoperability

As more devices connect to healthcare networks, cybersecurity becomes a major concern. Medical devices can be vulnerable to attacks that put patient data and safety at risk. Interoperability is another challenge, since devices from different manufacturers often use different data standards. Addressing these issues through secure design, regulatory standards and open integration platforms is essential for continued growth.

Regional Outlook

North America led the IoT in healthcare market with a 34.02% share in 2025. Advanced healthcare infrastructure, high adoption of digital health technology, supportive reimbursement for remote monitoring and the presence of leading technology companies contribute to the region's leadership. Europe is also investing in connected care, while Asia Pacific is expected to grow rapidly as countries expand healthcare access and invest in smart hospitals.

Competitive Landscape

Key players covered in the Polaris Market Research report include Cisco Systems Inc., GE Healthcare Ltd., Honeywell Life Care Solutions, IBM Corporation, Koninklijke Philips N.V. and Medtronic PLC. These companies are building integrated platforms that combine devices, connectivity, cloud services and analytics, and many are partnering with healthcare providers to deploy connected care at scale.

Some of the major players operating in the global Internet of Things in healthcare market include:

• Cisco Systems Inc.
• GE Healthcare Ltd.
• Honeywell Life Care Solutions
• IBM Corporation
• Koninklijke
• Medtronic PLC
• Microsoft Corporation
• Philips N.V.
• Qualcomm Life Inc.
• Resideo Technologies
• Royal Philips
• Siemens
• Sensely

Future Outlook

IoT is shifting healthcare from reactive treatment to continuous, data-driven care. As connected devices become more affordable, secure and intelligent, they will play an increasingly central role in hospitals, homes and communities. With the market expected to grow more than fourfold to USD 775.47 billion by 2034, technology providers, device makers and healthcare organizations all stand to benefit from the connected care revolution.

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