The Europe IoT Medical Devices Market would witness market growth of 29.3% CAGR during the forecast period (2023-2030).
In-patient monitoring is a process that entails continuous monitoring of a patient's physiological functions to guide management decisions and therapeutic interventions. The increasing emphasis on deploying innovations like IoT, AI, and robotics to reduce workforce for cost savings and to minimize physical contact will drive the clinical research organizations segment of the market to grow significantly during the forecast period. Clinical research organizations are employing IoT-based technologies to collect more data, manage clinical trials more efficiently, and monitor patients more effectively. In addition, IoT enables quicker analysis and information flow for clinical research organizations, which aids their operations and results.
Moreover, increased consumer interest in monitoring their health drives the expansion of wearable medical technologies. These devices enable the continuous monitoring of physical activities, blood pressure, body temperature, heart rate, and blood oxygen saturation in humans. Near-field communications (NFC) allow healthcare personnel to communicate more effectively and receive real-time updates. It also enables users to interact by touching their devices or bringing them close together. It assists caregivers in monitoring the activities of their patients.
In Germany, new legislation supports the digitization of healthcare. Between 2019 and 2021, seven proposals related to e-health were introduced. The purpose of these measures was to enhance the regulatory framework for the digitization of Germany's healthcare system and accelerate the development of its digital infrastructure. This was to be achieved by encouraging the use of electronic health records and e-prescriptions. Through these measures, Germany has strengthened its e-health foundation and is closing the gap with Europe's e-health pioneers, Scandinavia and the United Kingdom. Owing to the progress of the digital healthcare sector in the region, there are lucrative opportunities for the market in the future.
The Germany market dominated the Europe IoT Medical Devices Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $16,845 million by 2030. The UK market is exhibiting a CAGR of 28.2% during (2023 - 2030). Additionally, The France market would experience a CAGR of 30.2% during (2023 - 2030).
Based on Product, the market is segmented into Vital Sign Monitoring System (ECG/Heart Rate Monitor, Blood Pressure Monitor, Blood Glucose Monitor, Oximeters, and Others), Hearing Devices, Imaging Systems, Implantable Cardiac Monitors, Patient Monitors, Respiratory Devices, Infusion Pumps, Ventilators, Anesthesia Machines, and Others. Based on Connectivity Technology, the market is segmented into WiFi, Bluetooth, and Zigbee & Others. Based on Type, the market is segmented into Stationary Medical Devices, Wearable Medical Devices, Implantable Medical Devices, and Others. Based on End User, the market is segmented into Hospitals & Clinics, Nursing homes, assisted living facilities, long-term care centers & home care settings, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide IoT Medical Devices Market is Projected to reach USD 251.9 Billion by 2030, at a CAGR of 29.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Medtronic PLC, GE HealthCare Technologies, Inc., Koninklijke Philips N.V., Abbott Laboratories, Boston Scientific Corporation, Omron Corporation, Baxter International, Inc. (Hill-Rom Holdings, Inc.), Johnson & Johnson, Nihon Kohden Corporation and Siemens Healthineers AG (Siemens AG).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Vital Sign Monitoring System
- ECG/Heart Rate Monitor
- Blood Pressure Monitor
- Blood Glucose Monitor
- Oximeters
- Others
- Hearing Devices
- Imaging Systems
- Implantable Cardiac Monitors
- Patient Monitors
- Respiratory Devices
- Infusion Pumps
- Ventilators
- Anesthesia Machines
- Others
By Connectivity Technology
- WiFi
- Bluetooth
- Zigbee & Others
By Type
- Stationary Medical Devices
- Wearable Medical Devices
- Implantable Medical Devices
- Others
By End User
- Hospitals & Clinics
- Nursing homes, assisted living facilities, long-term care centers & home care settings
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- GE HealthCare Technologies, Inc.
- Koninklijke Philips N.V.
- Abbott Laboratories
- Boston Scientific Corporation
- Omron Corporation
- Baxter International, Inc. (Hill-Rom Holdings, Inc.)
- Johnson & Johnson
- Nihon Kohden Corporation
- Siemens Healthineers AG (Siemens AG)
TABLE 1 Europe IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 2 Europe IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IoT Medical Devices Market
TABLE 4 Product Launches And Product Expansions– IoT Medical Devices Market
TABLE 5 Acquisition and Mergers– IoT Medical Devices Market
TABLE 6 Europe IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 7 Europe IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 8 Europe Vital Sign Monitoring System Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Vital Sign Monitoring System Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 11 Europe IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 12 Europe ECG/Heart Rate Monitor Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe ECG/Heart Rate Monitor Market by Country, 2023 - 2030, USD Million
TABLE 14 Europe Blood Pressure Monitor Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Blood Pressure Monitor Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Blood Glucose Monitor Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Blood Glucose Monitor Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Oximeters Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Oximeters Market by Country, 2023 - 2030, USD Million
TABLE 20 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 22 Europe Hearing Devices Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Hearing Devices Market by Country, 2023 - 2030, USD Million
TABLE 24 Europe Imaging Systems Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Imaging Systems Market by Country, 2023 - 2030, USD Million
TABLE 26 Europe Implantable Cardiac Monitors Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Implantable Cardiac Monitors Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe Patient Monitors Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Patient Monitors Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Respiratory Devices Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Respiratory Devices Market by Country, 2023 - 2030, USD Million
TABLE 32 Europe Infusion Pumps Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Infusion Pumps Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Ventilators Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Ventilators Market by Country, 2023 - 2030, USD Million
TABLE 36 Europe Anesthesia Machines Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Anesthesia Machines Market by Country, 2023 - 2030, USD Million
TABLE 38 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 39 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 40 Europe IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 41 Europe IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 42 Europe WiFi Market by Country, 2019 - 2022, USD Million
TABLE 43 Europe WiFi Market by Country, 2023 - 2030, USD Million
TABLE 44 Europe Bluetooth Market by Country, 2019 - 2022, USD Million
TABLE 45 Europe Bluetooth Market by Country, 2023 - 2030, USD Million
TABLE 46 Europe Zigbee & Others Market by Country, 2019 - 2022, USD Million
TABLE 47 Europe Zigbee & Others Market by Country, 2023 - 2030, USD Million
TABLE 48 Europe IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 49 Europe IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 50 Europe Stationary Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 51 Europe Stationary Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 52 Europe Wearable Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 53 Europe Wearable Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 54 Europe Implantable Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 55 Europe Implantable Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 56 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 57 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 58 Europe IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 59 Europe IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 60 Europe Hospitals & Clinics Market by Country, 2019 - 2022, USD Million
TABLE 61 Europe Hospitals & Clinics Market by Country, 2023 - 2030, USD Million
TABLE 62 Europe Nursing homes, assisted living facilities, long-term care centers & home care settings Market by Country, 2019 - 2022, USD Million
TABLE 63 Europe Nursing homes, assisted living facilities, long-term care centers & home care settings Market by Country, 2023 - 2030, USD Million
TABLE 64 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 65 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 66 Europe IoT Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 67 Europe IoT Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 68 Germany IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 69 Germany IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 70 Germany IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 71 Germany IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 72 Germany IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 73 Germany IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 74 Germany IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 75 Germany IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 76 Germany IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 77 Germany IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 78 Germany IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 79 Germany IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 80 UK IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 81 UK IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 82 UK IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 83 UK IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 84 UK IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 85 UK IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 86 UK IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 87 UK IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 88 UK IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 89 UK IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 90 UK IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 91 UK IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 92 France IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 93 France IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 94 France IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 95 France IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 96 France IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 97 France IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 98 France IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 99 France IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 100 France IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 101 France IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 102 France IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 103 France IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 104 Russia IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 105 Russia IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 106 Russia IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 107 Russia IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 108 Russia IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 109 Russia IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 110 Russia IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 111 Russia IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 112 Russia IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 113 Russia IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 114 Russia IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 115 Russia IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 116 Spain IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 117 Spain IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 118 Spain IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 119 Spain IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 120 Spain IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 121 Spain IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 122 Spain IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 123 Spain IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 124 Spain IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 125 Spain IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 126 Spain IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 127 Spain IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 128 Italy IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 129 Italy IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 130 Italy IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 131 Italy IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 132 Italy IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 133 Italy IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 134 Italy IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 135 Italy IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 136 Italy IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 137 Italy IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 138 Italy IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 139 Italy IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 140 Rest of Europe IoT Medical Devices Market, 2019 - 2022, USD Million
TABLE 141 Rest of Europe IoT Medical Devices Market, 2023 - 2030, USD Million
TABLE 142 Rest of Europe IoT Medical Devices Market by Product, 2019 - 2022, USD Million
TABLE 143 Rest of Europe IoT Medical Devices Market by Product, 2023 - 2030, USD Million
TABLE 144 Rest of Europe IoT Medical Devices Market by Vital Sign Monitoring System Type, 2019 - 2022, USD Million
TABLE 145 Rest of Europe IoT Medical Devices Market by Vital Sign Monitoring System Type, 2023 - 2030, USD Million
TABLE 146 Rest of Europe IoT Medical Devices Market by Connectivity Technology, 2019 - 2022, USD Million
TABLE 147 Rest of Europe IoT Medical Devices Market by Connectivity Technology, 2023 - 2030, USD Million
TABLE 148 Rest of Europe IoT Medical Devices Market by Type, 2019 - 2022, USD Million
TABLE 149 Rest of Europe IoT Medical Devices Market by Type, 2023 - 2030, USD Million
TABLE 150 Rest of Europe IoT Medical Devices Market by End User, 2019 - 2022, USD Million
TABLE 151 Rest of Europe IoT Medical Devices Market by End User, 2023 - 2030, USD Million
TABLE 152 Key Information – Medtronic PLC
TABLE 153 Key Information – GE HealthCare Technologies, Inc.
TABLE 154 Key Information – Koninklijke Philips N.V.
TABLE 155 Key Information – Abbott Laboratories
TABLE 156 Key Information – Boston Scientific Corporation
TABLE 157 Key Information – Omron Corporation
TABLE 158 Key Information – Baxter International, Inc.
TABLE 159 Key Information – Johnson & Johnson
TABLE 160 key Information – Nihon Kohden Corporation
TABLE 161 Key Information – Siemens Healthineers AG
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe IoT Medical Devices Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors IoT medical devices market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul – 2023, Jul) Leading Players
FIG 8 Porter’s Five Forces Analysis - IoT Medical Devices Market
FIG 9 Europe IoT Medical Devices Market share by Product, 2022
FIG 10 Europe IoT Medical Devices Market share by Product, 2030
FIG 11 Europe IoT Medical Devices Market by Product, 2019 - 2030, USD Million
FIG 12 Europe IoT Medical Devices Market share by Connectivity Technology, 2022
FIG 13 Europe IoT Medical Devices Market share by Connectivity Technology, 2030
FIG 14 Europe IoT Medical Devices Market by Connectivity Technology, 2019 - 2030, USD Million
FIG 15 Europe IoT Medical Devices Market share by Type, 2022
FIG 16 Europe IoT Medical Devices Market share by Type, 2030
FIG 17 Europe IoT Medical Devices Market by Type, 2019 - 2030, USD Million
FIG 18 Europe IoT Medical Devices Market share by End User, 2022
FIG 19 Europe IoT Medical Devices Market share by End User, 2030
FIG 20 Europe IoT Medical Devices Market by End User, 2019 - 2030, USD Million
FIG 21 Europe IoT Medical Devices Market share by Country, 2022
FIG 22 Europe IoT Medical Devices Market share by Country, 2030
FIG 23 Europe IoT Medical Devices Market by Country, 2019 - 2030, USD Million
FIG 24 Recent strategies and developments: Medtronic PLC
FIG 25 SWOT Analysis: Medtronic PLC
FIG 26 SWOT Analysis: GE HealthCare Technologies, Inc.
FIG 27 Recent strategies and developments: Koninklijke Philips N.V.
FIG 28 SWOT Analysis: Koninklijke Philips N.V.
FIG 29 SWOT Analysis: Abbott Laboratories
FIG 30 SWOT Analysis: Boston Scientific Corporation
FIG 31 SWOT Analysis: Omron Corporation
FIG 32 Recent strategies and developments: Baxter International, Inc.
FIG 33 SWOT Analysis: Baxter International, Inc.
FIG 34 Recent strategies and developments: Johnson & Johnson
FIG 35 Swot Analysis: Johnson & Johnson
FIG 36 SWOT Analysis: Nihon Kohden Corporation
FIG 37 Recent strategies and developments: Siemens Healthineers AG
FIG 38 SWOT Analysis: Siemens Healthineers AG