Global IoT in Healthcare Market to Reach USD 398.4 Billion by 2033, Driven by Remote Monitoring, Smart Hospitals, and AI-Integrated Care

New Delhi, India — December 2, 2025 — Phoenix Research
Phoenix Research today released its latest in-depth analysis of the Global IoT in Healthcare Market, authored by Lead Digital Health Analyst, Rachana Patni. The report highlights strong adoption of smart medical devices, connected diagnostics, AI-driven analytics, and virtual-care ecosystems worldwide as healthcare systems move toward real-time, continuous, and personalized patient management.

According to the Phoenix Demand Forecast Engine, the market is projected to grow from USD 142.8 billion in 2025 to USD 398.4 billion by 2033, expanding at a robust CAGR of ~13.6% (2026–2033).

The study covers the full IoT healthcare ecosystem including wearables, implantables, clinical-grade connected devices, hospital automation tools, IoT platforms, AI analytics systems, cloud-connected sensors, and remote patient monitoring (RPM) solutions deployed across hospitals, homecare settings, diagnostic networks, and telemedicine platforms.

Market Highlights

• North America leads globally, supported by high digital-health maturity, strong reimbursement for RPM, and hospital IoT integration.

• Asia-Pacific is the fastest-growing region due to national digital-health missions, rapid smart-hospital deployment, and large chronic-disease populations.

• Remote Patient Monitoring (RPM) remains the largest segment, supported by aging populations and chronic disease burdens.

• Smart Hospitals & Workflow Automation is the fastest-growing segment with wireless sensors, RTLS, smart beds, and predictive asset management.

• AI + IoT Fusion is accelerating with digital twins, predictive diagnostics, and AI-guided clinical decision support.

• 5G expansion enables ultra-low latency for telesurgery, connected imaging, and real-time vitals streaming.

Why the Global IoT in Healthcare Market Remains Critical

IoT-enabled healthcare has become a pillar of modern care delivery. Real-time monitoring enables earlier diagnosis, reduces emergency visits, and improves outcomes for chronic and elderly patients. In hospitals, IoT minimizes equipment downtime, cuts operational costs, and enhances patient experience. Combined with AI, IoT is unlocking predictive care, personalized medicine, and smart-health infrastructure worldwide.

Competitive Landscape of the Global IoT in Healthcare Market

The market includes global medical device leaders, healthcare IoT innovators, cloud providers, and AI-driven digital health companies. Key players include:

Medtronic, Philips Healthcare, GE HealthCare, Siemens Healthineers, Abbott, Boston Scientific, Cisco IoT Healthcare, Honeywell, Qualcomm Life, IBM Watson Health, Masimo, Dexcom, iRhythm, Biofourmis, Garmin Health, ResMed, HCL Healthcare, Infosys HealthEdge.

• Medtronic remains the largest player, supported by strong RPM portfolios, implantable device integration, and cloud-connected monitoring solutions.

Final Takeaway of the Global IoT in Healthcare Market

The Global IoT in Healthcare Market is positioned for powerful expansion through 2033 as connected devices, predictive analytics, smart hospitals, and virtual care platforms redefine global healthcare delivery. Organizations that excel in secure interoperability, AI-driven insights, device reliability, and end-to-end digital patient journeys will capture the largest growth opportunities. With rapid advancements across RPM, telehealth, and hospital automation, IoT will remain a core driver of digital healthcare transformation worldwide.

To get the entire report please use below the link

Global IoT in Healthcare Market Size and Share Analysis 2025-2033