Table of Content

1 INTRODUCTION 34
1.1 OBJECTIVES OF THE STUDY 34
1.2 MARKET DEFINITION 34
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 MARKET SCOPE 35
1.3.1 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 36
1.5 STAKEHOLDERS 36
1.6 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DESIGN 38
2.1.1 RESEARCH DATA 38
FIGURE 1 RESEARCH DESIGN 38
2.1.2 SECONDARY SOURCES 39
2.1.2.1 Key data from secondary sources 39
2.1.3 PRIMARY SOURCES 40
FIGURE 2 PRIMARY SOURCES 40
2.1.3.1 Key data from primary sources 41
2.1.3.2 Key industry insights 42
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE): BY COMPANY TYPE, DESIGNATION, AND REGION 43
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, TYPE, AND REGION 43
2.2 MARKET SIZE ESTIMATION 44
FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 44
FIGURE 6 REVENUE SHARE ANALYSIS FOR IOT MEDICAL DEVICES MARKET 45
FIGURE 7 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 45
FIGURE 8 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 46
FIGURE 9 BOTTOM-UP APPROACH 46
FIGURE 10 TOP-DOWN APPROACH 47
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 48
FIGURE 11 DATA TRIANGULATION METHODOLOGY 48
2.4 LIMITATIONS 49
2.5 MARKET SHARE ANALYSIS 49
2.6 ASSUMPTIONS FOR THE STUDY 49
2.7 RISK ASSESSMENT/LIMITATIONS 49
2.8 COVID-19 HEALTH ASSESSMENT 50
2.9 COVID-19 ECONOMIC ASSESSMENT 50
2.10 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 50
3 EXECUTIVE SUMMARY 52
FIGURE 13 IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 52
FIGURE 14 VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 53
FIGURE 15 IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 53
FIGURE 16 IOT MEDICAL DEVICES MARKET, BY TYPE, 2021 VS. 2026 (USD MILLION) 54
FIGURE 17 IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY,
2021 VS. 2026 (USD MILLION) 54
FIGURE 18 IOT MEDICAL DEVICES MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 55
FIGURE 19 GEOGRAPHIC SNAPSHOT OF THE IOT MEDICAL DEVICES MARKET 55
4 PREMIUM INSIGHTS 57
4.1 IOT MEDICAL DEVICES MARKET OVERVIEW 57
FIGURE 20 COVID-19 OUTBREAK AND INCREASING GOVERNMENT INITIATIVES FOR PROMOTING DIGITAL HEALTH ARE DRIVING MARKET GROWTH 57
4.2 IOT MEDICAL DEVICES MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 58
FIGURE 21 CHINA IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 58
4.3 REGIONAL MIX: IOT MEDICAL DEVICES MARKET (2019–2026) 59
FIGURE 22 ASIA PACIFIC TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD (2021–2026) 59
4.4 IOT MEDICAL DEVICES MARKET: DEVELOPED VS. DEVELOPING MARKETS,
2021 VS. 2026 (USD MILLION) 59
FIGURE 23 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH DURING THE STUDY PERIOD 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 60
5.2.1 DRIVERS 60
TABLE 1 IMPACT ANALYSIS: DRIVERS 60
5.2.1.1 Government initiatives for promoting digital health 61
5.2.1.2 Growing need for cost-containment in healthcare delivery 62
FIGURE 24 HEALTHCARE SPENDING, BY COUNTRY, 2019 (% OF GDP) 62
5.2.1.3 Rising focus on active patient engagement and patient-centric care delivery 63
5.2.1.4 Evolution of high-speed networking technologies and increasing penetration of mobile platforms in healthcare 63
FIGURE 25 NUMBER OF SMARTPHONE USERS, BY COUNTRY, 2021 64
5.2.1.5 Growing focus on patient safety 64
5.2.2 RESTRAINTS 65
TABLE 2 IMPACT ANALYSIS: RESTRAINTS 65
5.2.2.1 High deployment cost of connected medical devices and the associated infrastructure 65
5.2.2.2 Insufficient IoT technology skills across healthcare organizations 66
5.2.3 OPPORTUNITIES 66
TABLE 3 IMPACT ANALYSIS: OPPORTUNITIES 66
5.2.3.1 Low doctor-to-patient ratio leading to increased dependency on self-operated eHealth platforms 66
5.2.4 CHALLENGES 67
TABLE 4 IMPACT ANALYSIS: CHALLENGES 67
5.2.4.1 Data security issues 67
5.2.4.2 Data management and interoperability concerns 67
5.3 PRICING ANALYSIS 68
TABLE 5 AVERAGE SYSTEM COST 68
5.4 PATENT ANALYSIS 69
5.4.1 PATENT PUBLICATION TRENDS 69
FIGURE 26 PATENT PUBLICATION TRENDS: 2011 TO 2021 69
5.4.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR IOT MEDICAL DEVICE PATENTS 69
TABLE 6 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR IOT MEDICAL DEVICES PATENTS 69
FIGURE 27 JURISDICTION ANALYSIS FOR TOP APPLICANTS 70
5.5 PORTER’S FIVE FORCES ANALYSIS 70
TABLE 7 IOT MEDICAL DEVICES MARKET: PORTER’S FIVE FORCES ANALYSIS 70
5.5.1 THREAT FROM NEW ENTRANTS 71
5.5.2 THREAT FROM SUBSTITUTES 71
5.5.3 BARGAINING POWER OF SUPPLIERS 71
5.5.4 BARGAINING POWER OF BUYERS 71
5.5.5 INTENSITY OF COMPETITIVE RIVALRY 72
5.6 VALUE CHAIN ANALYSIS 72
FIGURE 28 IOT MEDICAL DEVICES MARKET: VALUE CHAIN ANALYSIS 72
5.7 ECOSYSTEM MAP 73
FIGURE 29 IOT MEDICAL DEVICES MARKET: ECOSYSTEM MAPPING (2020) 73
FIGURE 30 IOT MEDICAL DEVICES MARKET: SUPPLY CHAIN (2020) 73
6 INDUSTRY INSIGHTS 74
6.1 INTRODUCTION 74
6.2 INDUSTRY TRENDS 74
6.2.1 INCREASING NUMBER OF PRODUCT LAUNCHES 74
TABLE 8 RECENTLY LAUNCHED IOT MEDICAL DEVICES 75
6.2.2 GROWING INTEGRATION OF CLOUD PLATFORMS AND SAAS IN THE HEALTHCARE ECOSYSTEM 75
6.2.3 INCREASING NUMBER OF COLLABORATIONS TO DRIVE INNOVATION 76
6.3 REGULATORY ANALYSIS 76
6.3.1 NORTH AMERICA 76
6.3.1.1 US 76
TABLE 9 TESTS AND CERTIFICATION REQUIREMENTS FOR WIRELESSLY CONNECTED MEDICAL DEVICES 77
TABLE 10 REGULATIONS & STANDARDS GOVERNING CONNECTED MEDICAL DEVICES 80
6.3.1.2 Canada 81
6.3.2 EUROPE 81
6.3.3 ASIA PACIFIC 82
6.3.3.1 Japan 82
6.3.3.2 China 83
6.3.3.3 India 83
6.4 TECHNOLOGY ANALYSIS 84
7 IOT MEDICAL DEVICES MARKET, BY PRODUCT 85
7.1 INTRODUCTION 86
TABLE 11 IOT MEDICAL DEVICES MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 86
7.2 VITAL SIGNS MONITORING DEVICES 87
TABLE 12 VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 87
TABLE 13 VITAL SIGNS MONITORING DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 88
7.2.1 BLOOD GLUCOSE MONITORS 88
7.2.1.1 The shift toward CGM supports the demand for blood glucose monitoring 88
TABLE 14 BLOOD GLUCOSE MONITORS OFFERED BY KEY MARKET PLAYERS 89
TABLE 15 BLOOD GLUCOSE MONITORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 90
7.2.2 ECG/HEART RATE MONITORS 91
7.2.2.1 Rising CVD prevalence and focus on cost-containment drive market growth 91
TABLE 16 ECG/HEART RATE MONITORS OFFERED BY KEY MARKET PLAYERS 91
TABLE 17 ECG/HEART RATE MONITORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 93
7.2.3 BLOOD PRESSURE MONITORS 93
7.2.3.1 Growing prevalence of hypertension and obesity support market growth 93
TABLE 18 BLOOD PRESSURE MONITORS OFFERED BY KEY MARKET PLAYERS 94
TABLE 19 BLOOD PRESSURE MONITORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 95
7.2.4 MULTIPARAMETER MONITORS 96
7.2.4.1 Growing awareness and push toward home care contribute to market growth 96
TABLE 20 MULTIPARAMETER MONITORS OFFERED BY KEY MARKET PLAYERS 96
TABLE 21 MULTIPARAMETER MONITORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 97
7.2.5 OXIMETERS 97
7.2.5.1 Rising adoption is attributed to the availability of low-cost devices and focus on self-monitoring 97
TABLE 22 OXIMETERS OFFERED BY KEY MARKET PLAYERS 98
TABLE 23 OXIMETERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 99
7.3 IMAGING SYSTEMS 99
7.3.1 NEED TO COLLATE AND EFFICIENTLY TRANSMIT DATA FOR REMOTE VIEWING SUPPORTS MARKET GROWTH 99
TABLE 24 MAJOR IMAGING SYSTEMS AVAILABLE IN THE MARKET 100
TABLE 25 IMAGING SYSTEMS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 101
7.4 IMPLANTABLE CARDIAC DEVICES 101
TABLE 26 IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 102
TABLE 27 IMPLANTABLE CARDIAC DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 102
7.4.1 IMPLANTABLE CARDIOVERTER-DEFIBRILLATORS 103
7.4.1.1 ICDs dominate the implantable cardiac devices market 103
TABLE 28 IMPLANTABLE CARDIOVERTER-DEFIBRILLATORS OFFERED
BY KEY MARKET PLAYERS 103
TABLE 29 IMPLANTABLE CARDIOVERTER-DEFIBRILLATORS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 105
7.4.2 PACEMAKERS 105
7.4.2.1 Demand for pacemakers has dipped due to the use of ICDs 105
TABLE 30 PACEMAKERS OFFERED BY KEY MARKET PLAYERS 106
TABLE 31 PACEMAKERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 107
7.4.3 IMPLANTABLE CARDIAC MONITORS 107
7.4.3.1 Ease of remote monitoring has driven the use of implantable monitors 107
TABLE 32 IMPLANTABLE CARDIAC MONITORS OFFERED BY KEY MARKET PLAYERS 108
TABLE 33 IMPLANTABLE CARDIAC MONITORS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 108
7.5 PATIENT MONITORS 109
7.5.1 LONG DEVICE LIFECYCLES AFFECT OVERALL SALES IN THE MARKET 109
TABLE 34 PATIENT MONITORS OFFERED BY KEY MARKET PLAYERS 109
TABLE 35 PATIENT MONITORS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 111
7.6 RESPIRATORY DEVICES 111
7.6.1 THE RISING PREVALENCE OF ASTHMA AND RESPIRATORY DISORDERS DRIVES DEMAND FOR RESPIRATORY DEVICES 111
TABLE 36 RESPIRATORY DEVICES OFFERED BY KEY MARKET PLAYERS 112
TABLE 37 RESPIRATORY DEVICES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 113
7.7 INFUSION PUMPS 113
7.7.1 THE RISK OF SECURITY BREACHES MAY AFFECT MARKET GROWTH TO A CERTAIN EXTENT 113
TABLE 38 INFUSION PUMPS OFFERED BY KEY MARKET PLAYERS 113
TABLE 39 INFUSION PUMPS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 114
7.8 FETAL MONITORING DEVICES 114
7.8.1 GROWING INCIDENCE OF NEWBORN DEATHS, MATERNAL DEATH, AND STILLBIRTHS IS A KEY DRIVER OF MARKET GROWTH 114
TABLE 40 FETAL MONITORING DEVICES OFFERED BY KEY MARKET PLAYERS 115
TABLE 41 FETAL MONITORING DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 116
7.9 NEUROLOGICAL DEVICES 116
7.9.1 PRODUCT DEVELOPMENT AND TECHNOLOGICAL ADVANCEMENTS HAVE MADE INNOVATIONS AVAILABLE IN THE MARKET 116
TABLE 42 NEUROLOGICAL DEVICES OFFERED BY KEY MARKET PLAYERS 117
TABLE 43 NEUROLOGICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 118
7.10 VENTILATORS 118
7.10.1 HIGH DEMAND FOR INTENSIVE CARE ENSURES MARKET GROWTH 118
TABLE 44 VENTILATORS OFFERED BY KEY MARKET PLAYERS 118
TABLE 45 VENTILATORS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 119
7.11 ANESTHESIA MACHINES 120
7.11.1 NORTH AMERICAN COUNTRIES FORM THE LARGEST MARKETS FOR ANESTHESIA MACHINES 120
TABLE 46 ANESTHESIA MACHINES OFFERED BY KEY MARKET PLAYERS 120
TABLE 47 ANESTHESIA MACHINES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 121
7.12 HEARING DEVICES 121
7.12.1 THE GROWING PREVALENCE OF HEARING ISSUES AND RISING ADOPTION OF ADVANCED AIDS ARE KEY DRIVERS FOR THIS MARKET 121
TABLE 48 HEARING DEVICES OFFERED BY KEY MARKET PLAYERS 122
TABLE 49 HEARING DEVICES MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 122
7.13 OTHER DEVICES 123
TABLE 50 OTHER IOT MEDICAL PRODUCTS OFFERED BY KEY MARKET PLAYERS 123
TABLE 51 OTHER IOT MEDICAL PRODUCTS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 125
8 IOT MEDICAL DEVICES MARKET, BY TYPE 126
8.1 INTRODUCTION 127
TABLE 52 IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 127
8.2 STATIONARY MEDICAL DEVICES 127
8.2.1 STATIONARY MEDICAL DEVICES DOMINATE THE IOT MEDICAL DEVICES MARKET 127
TABLE 53 MAJOR STATIONARY IOT MEDICAL DEVICES AVAILABLE IN THE MARKET 128
TABLE 54 STATIONARY IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 129
8.3 IMPLANTABLE MEDICAL DEVICES 130
8.3.1 RISING INCIDENCE OF CVD AND NEUROLOGICAL DISEASES HAVE DRIVEN DEMAND FOR IMPLANTABLES 130
TABLE 55 MAJOR IMPLANTABLE IOT MEDICAL DEVICES AVAILABLE IN THE MARKET 130
TABLE 56 IMPLANTABLE IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 131
8.4 WEARABLE MEDICAL DEVICES 132
8.4.1 WEARABLES TO SEE HIGH GROWTH IN THE IOT MEDICAL DEVICES MARKET 132
TABLE 57 MAJOR WEARABLE IOT MEDICAL DEVICES AVAILABLE IN THE MARKET 132
TABLE 58 WEARABLE IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 133
8.5 OTHER IOT MEDICAL DEVICES 134
TABLE 59 OTHER IOT MEDICAL DEVICES AVAILABLE IN THE MARKET 134
TABLE 60 OTHER IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 135
9 IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY 136
9.1 INTRODUCTION 137
TABLE 61 IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY,
2019–2026 (USD MILLION) 137
9.2 WI-FI 137
9.2.1 WI-FI DOMINATES THE OVERALL MARKET BY CONNECTIVITY TECHNOLOGY 137
TABLE 62 WI-FI-ENABLED IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 138
9.3 BLUETOOTH 138
9.3.1 BLUETOOTH-ENABLED IOT DEVICES TO SEE HIGHEST GROWTH 138
TABLE 63 BLUETOOTH-ENABLED IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 139
9.4 ZIGBEE 140
9.4.1 ADVANTAGES OF THE TECHNOLOGY AND SUPPORT FOR A VARIETY OF DEVICES PROMOTES THE MARKET GROWTH 140
TABLE 64 ZIGBEE-ENABLED IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 140
9.5 OTHER CONNECTIVITY TECHNOLOGIES 141
TABLE 65 OTHER IOT MEDICAL DEVICE CONNECTIVITY TECHNOLOGIES MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 141
10 IOT MEDICAL DEVICES MARKET, BY END USER 142
10.1 INTRODUCTION 143
TABLE 66 IOT MEDICAL DEVICES MARKET, BY END USER, 2019–2026 (USD MILLION) 143
10.2 HOSPITALS & CLINICS 143
10.2.1 HOSPITALS & CLINICS DOMINATE THE IOT MEDICAL DEVICES END-USER MARKET 143
TABLE 67 IOT MEDICAL DEVICES MARKET FOR HOSPITALS & CLINICS, BY COUNTRY, 2019–2026 (USD MILLION) 144
10.3 NURSING HOMES, ASSISTED LIVING FACILITIES, LONG-TERM CARE CENTERS, AND HOME CARE SETTINGS 145
10.3.1 THE GROWING GERIATRIC POPULATION AND RISING INCIDENCE OF CHRONIC DISORDERS CONTRIBUTE TO SEGMENT GROWTH 145
TABLE 68 IOT MEDICAL DEVICES MARKET FOR NURSING HOMES, ASSISTED LIVING FACILITIES, LONG-TERM CARE CENTERS, AND HOME CARE SETTINGS,
BY COUNTRY, 2019–2026 (USD MILLION) 146
10.4 OTHER END USERS 146
TABLE 69 IOT MEDICAL DEVICES MARKET FOR OTHER END USERS, BY COUNTRY, 2019–2026 (USD MILLION) 147
11 IOT MEDICAL DEVICES MARKET, BY REGION 148
11.1 INTRODUCTION 149
TABLE 70 IOT MEDICAL DEVICES MARKET, BY REGION, 2019–2026 (USD MILLION) 149
11.2 NORTH AMERICA 150
FIGURE 31 NORTH AMERICA: IOT MEDICAL DEVICES MARKET SNAPSHOT 151
TABLE 71 NORTH AMERICA: IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 152
TABLE 72 NORTH AMERICA: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 152
TABLE 73 NORTH AMERICA: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 153
TABLE 74 NORTH AMERICA: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 153
TABLE 75 NORTH AMERICA: IOT MEDICAL DEVICES MARKET, BY TYPE,
019–2026 (USD MILLION) 153
TABLE 76 NORTH AMERICA: IOT MEDICAL DEVICES MARKET,
BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 154
TABLE 77 NORTH AMERICA: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 154
11.2.1 US 154
11.2.1.1 The US dominates the North American IoT medical devices market 154
TABLE 78 US: MACROECONOMIC INDICATORS 155
TABLE 79 US: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 156
TABLE 80 US: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 156
TABLE 81 US: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 157
TABLE 82 US: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 157
TABLE 83 US: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY,
2019–2026 (USD MILLION) 157
TABLE 84 US: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 158
11.2.2 CANADA 158
11.2.2.1 Canada to grow at a slower rate than the US 158
TABLE 85 CANADA: MACROECONOMIC INDICATORS 159
TABLE 86 CANADA: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 159
TABLE 87 CANADA: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 160
TABLE 88 CANADA: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 160
TABLE 89 CANADA: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 160
TABLE 90 CANADA: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 161
TABLE 91 CANADA: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 161
11.3 EUROPE 161
TABLE 92 EUROPE: IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 162
TABLE 93 EUROPE: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 163
TABLE 94 EUROPE: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 163
TABLE 95 EUROPE: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 164
TABLE 96 EUROPE: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 164
TABLE 97 EUROPE: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 164
TABLE 98 EUROPE: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 165
11.3.1 GERMANY 165
11.3.1.1 Germany holds the largest share of the European market 165
TABLE 99 GERMANY: MACROECONOMIC INDICATORS 166
TABLE 100 GERMANY: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 166
TABLE 101 GERMANY: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 167
TABLE 102 GERMANY: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 167
TABLE 103 GERMANY: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 167
TABLE 104 GERMANY: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 168
TABLE 105 GERMANY: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 168
11.3.2 UK 168
11.3.2.1 Wearables have seen high penetration in the UK market 168
TABLE 106 UK: MACROECONOMIC INDICATORS 169
TABLE 107 UK: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 170
TABLE 108 UK: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 170
TABLE 109 UK: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 171
TABLE 110 UK: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 171
TABLE 111 UK: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY,
2019–2026 (USD MILLION) 171
TABLE 112 UK: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 172
11.3.3 FRANCE 172
11.3.3.1 Government support for eHealth and favorable regulatory scenario to drive the market 172
TABLE 113 FRANCE: MACROECONOMIC INDICATORS 173
TABLE 114 FRANCE: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 173
TABLE 115 FRANCE: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 174
TABLE 116 FRANCE: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 174
TABLE 117 FRANCE: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 174
TABLE 118 FRANCE: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 175
TABLE 119 FRANCE: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 175
11.3.4 ITALY 175
11.3.4.1 Integration in healthcare is ongoing but varies across regions in Italy 175
TABLE 120 ITALY: MACROECONOMIC INDICATORS 176
TABLE 121 ITALY: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 176
TABLE 122 ITALY: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 177
TABLE 123 ITALY: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 177
TABLE 124 ITALY: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 177
TABLE 125 ITALY: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 178
TABLE 126 ITALY: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 178
11.3.5 SPAIN 178
11.3.5.1 High smartphone penetration and Internet access indicate opportunities for market players 178
TABLE 127 SPAIN: MACROECONOMIC INDICATORS 179
TABLE 128 SPAIN: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 179
TABLE 129 SPAIN: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 180
TABLE 130 SPAIN: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 180
TABLE 131 SPAIN: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 180
TABLE 132 SPAIN: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 181
TABLE 133 SPAIN: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 181
11.3.6 REST OF EUROPE 181
TABLE 134 ROE: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 182
TABLE 135 ROE: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 182
TABLE 136 ROE: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 183
TABLE 137 ROE: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 183
TABLE 138 ROE: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 183
TABLE 139 ROE: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 184
11.4 ASIA PACIFIC 184
FIGURE 32 ASIA PACIFIC: IOT MEDICAL DEVICES MARKET SNAPSHOT 185
TABLE 140 APAC: IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 186
TABLE 141 APAC: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 186
TABLE 142 APAC: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 187
TABLE 143 APAC: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 187
TABLE 144 APAC: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 187
TABLE 145 APAC: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 188
TABLE 146 APAC: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 188
11.4.1 CHINA 188
11.4.1.1 High smartphone ownership and government emphasis on healthcare reform to drive market growth 188
TABLE 147 CHINA: MACROECONOMIC INDICATORS 189
TABLE 148 CHINA: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 190
TABLE 149 CHINA: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 190
TABLE 150 CHINA: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 191
TABLE 151 CHINA: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 152 CHINA: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 191
TABLE 153 CHINA: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 192
11.4.2 JAPAN 192
11.4.2.1 Japan has one of the largest elderly populations in the world 192
TABLE 154 JAPAN: MACROECONOMIC INDICATORS 193
TABLE 155 JAPAN: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 193
TABLE 156 JAPAN: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 194
TABLE 157 JAPAN: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 194
TABLE 158 JAPAN: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 194
TABLE 159 JAPAN: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 195
TABLE 160 JAPAN: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 195
11.4.3 INDIA 195
11.4.3.1 Strain on healthcare resources and need to expand access to favor telemedicine & IoT device adoption in India 195
TABLE 161 INDIA: MACROECONOMIC INDICATORS 196
TABLE 162 INDIA: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 197
TABLE 163 INDIA: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 197
TABLE 164 INDIA: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 198
TABLE 165 INDIA: IOT MEDICAL DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 198
TABLE 166 INDIA: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 198
TABLE 167 INDIA: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 199
11.4.4 REST OF ASIA PACIFIC 199
TABLE 168 ROAPAC: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 200
TABLE 169 ROAPAC: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 200
TABLE 170 ROAPAC: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 201
TABLE 171 ROAPAC: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 201
TABLE 172 ROAPAC: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 201
TABLE 173 ROAPAC: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 202
11.5 LATIN AMERICA 202
TABLE 174 LATIN AMERICA: IOT MEDICAL DEVICES MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 202
TABLE 175 LATIN AMERICA: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 203
TABLE 176 LATIN AMERICA: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE, 2019–2026 (USD MILLION) 203
TABLE 177 LATIN AMERICA: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 204
TABLE 178 LATIN AMERICA: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 204
TABLE 179 LATIN AMERICA: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 204
TABLE 180 LATIN AMERICA: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 205
11.5.1 BRAZIL 205
11.5.1.1 Brazil dominates the LATAM market for IoT medical devices 205
TABLE 181 BRAZIL: MACROECONOMIC INDICATORS 205
TABLE 182 BRAZIL: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
019–2026 (USD MILLION) 206
TABLE 183 BRAZIL: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 206
TABLE 184 BRAZIL: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 207
TABLE 185 BRAZIL: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 207
TABLE 186 BRAZIL: IOT MEDICAL DEVICES MARKET, BY CONNECTIVITY TECHNOLOGY, 2019–2026 (USD MILLION) 207
TABLE 187 BRAZIL: IOT MEDICAL DEVICES MARKET, BY END USER,
2019–2026 (USD MILLION) 208
11.5.2 MEXICO 208
11.5.2.1 Rising collaborations and focus on digitization to support the IoT medical devices market in Mexico 208
TABLE 188 MEXICO: MACROECONOMIC INDICATORS 208
TABLE 189 MEXICO: IOT MEDICAL DEVICES MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 209
TABLE 190 MEXICO: VITAL SIGNS MONITORING DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 209
TABLE 191 MEXICO: IMPLANTABLE CARDIAC DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 210
TABLE 192 MEXICO: IOT MEDICAL DEVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 210
TABLE 193 MEXICO: IOT ME