North America IoT in Healthcare Market (2025-2031) | Share, Outlook, Trends, Value, Companies, Analysis, Revenue, Growth, Forecast, Size, Industry

Market Forecast by Countries (United States, Canada), By Component (Medical Device, Systems & Software, Services, Connectivity Technology), By Application (Telemedicine, Clinical Operations and Workflow Management, Connected Imaging, Inpatient Monitoring, Medication Management, Others), By End-Users (Hospitals, Surgical Centers, and Clinics, Clinical Research Organizations, Government and Defense Institutions, Research and Diagnostic Laboratories) And Competitive Landscape

Product Code: ETC4621330 Publication Date: Jul 2023 Updated Date: Mar 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

North America IoT in Healthcare Market Highlights

Report Name North America IoT in Healthcare Market
Forecast period 2025-2031
CAGR 22%
Growing Sector Telemedicine sector

Topics Covered in the North America IoT in Healthcare Market Report

The North America IoT in Healthcare Market thoroughly covers the market by Countries, By Component, By Application, and By End-Users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America IoT in Healthcare Market Synopsis

The North America IoT in Healthcare Market is projected to show significant growth due to the increasing demand for IoT solutions in the healthcare sector. Factors like advancements in IoT technology, increasing investments in IoT applications, and the evolution of the healthcare industry are propelling the market. Moreover, the demand for these IoT solutions in telemedicine, clinical operations and workflow management, connected imaging, inpatient monitoring, medication management, and other sectors are expected to further bolster market growth. Government efforts toward enhancing healthcare efficiency and safety are also contributing to the IoT in Healthcare market's growth in North America. Additionally, the growing adoption of IoT technology in connected devices like wearable medical devices is providing a major boost to market growth.

According to 6Wresearch, the North America IoT in Healthcare Market size is expected to grow at a significant CAGR OF 22% during the forecast period of 2025-2031. The IoT in Healthcare Market in North America is witnessing rapid growth, driven by the increasing need for smart solutions across different healthcare sectors. With the development of advanced IoT applications and components, the demand for IoT in Healthcare in North America is set to surge. Moreover, significant advancements in IoT technology, coupled with the growing need for efficient, data-driven healthcare processes, will likely contribute further to market growth. Government initiatives and campaigns promoting the use of IoT for healthcare efficiency and safety are also expected to drive the market in North America. Furthermore, the increasing deployment of IoT-enabled devices and sensors for tracking patient health, workflow management, and supply chain management is expected to boost market growth in the region.

Despite the promising growth prospects for the North America Internet of Things (IoT) in Healthcare Market, certain challenges like the necessity for continuous research and development and the need for higher initial investment may hamper its progress. However, with ongoing advancements in the IoT field, these challenges are expected to be mitigated in the future. The leading players in this region are continually focusing on improving IoT solutions' effectiveness to cater to the growing demand for efficient, data-driven healthcare operations.

North America IoT in Healthcare Industry Leading Players

In North America, the IoT in the healthcare industry is driven by leading players such as Medtronic with its advanced patient monitoring and data analytics capabilities, Philips leveraging IoT for treatment optimization and patient experience enhancements, and IBM providing IoT solutions for patients management and healthcare providers engagement through its Watson IoT platform. These companies are at the forefront of integrating IoT technologies to streamline operations, enhance patient care, and gain competitive advantage in the healthcare sector.

Internet of Things (IoT) in Healthcare Market in North America Government Regulations

In North America, the Internet of Things (IoT) is rapidly transforming the healthcare sector, driven by stringent government regulations aimed at enhancing patient care, optimizing operational efficiencies, and ensuring data security and privacy. Regulatory bodies like the FDA in the United States and Health Canada play pivotal roles in overseeing IoT applications in medical devices and patient monitoring systems, ensuring they meet stringent standards for safety, efficacy, and interoperability. These regulations are fostering a dynamic ecosystem where IoT innovations are leveraged to improve diagnosis, treatment outcomes, and overall healthcare delivery while addressing concerns around data integrity and patient confidentiality.

Future Insights of the Market

The IoT market in North American healthcare is poised for significant growth, driven by increasing adoption of smart devices, sensors, and data analytics to optimize operations, personalize patient care, and improve supply chain efficiency. Key trends include the expansion of AI and machine learning capabilities to interpret IoT data for predictive analytics, the integration of IoT with augmented reality to enhance patient experiences, and the rise of edge computing for real-time data processing. As healthcare providers continue to innovate with IoT technologies, the market is expected to witness continuous evolution towards more connected, efficient, and personalized healthcare environments. Overall, the North America Internet of Things (IoT) in Healthcare Market is expected to witness significant growth in the coming years, driven by technological advancements, government initiatives, and increasing adoption of IoT solutions across various healthcare sectors. As the market continues to evolve and expand, it will provide numerous opportunities for companies to tap into and capitalize on its potential. This makes it a crucial market for stakeholders to closely monitor and adapt their strategies accordingly to stay competitive in the ever-changing healthcare landscape.

Market Segmentation By Countries

According to Ravi Bhandari, Research Head, 6Wresearch, the United States has shown significant growth compared to Canada. This growth can be attributed to several factors, including robust patient demands, technological advancements in IoT technology, and the favorable regulatory environment that supports innovation and investment in the sector.

Market Segmentation By Component

Among the components of the Internet of Things (IoT) in healthcare, medical devices are currently experiencing the most significant growth. This growth is driven by advancements in wearable technology, remote patient monitoring devices, and smart healthcare devices that enable continuous health monitoring and data collection. These devices are crucial in improving patient outcomes, enhancing healthcare delivery efficiency, and supporting preventive care initiatives.

Market Segmentation By Application

Among applications in the IoT healthcare sector, telemedicine is experiencing the most significant growth. Telemedicine enables healthcare providers to deliver care remotely in real-time, reduce requirements for in-person appointments, improve treatment visibility, and enhance overall operational efficiency. The deployment of IoT solutions in telemedicine allows providers to automate patient monitoring processes and streamline diagnostics, contributing to cost savings and better patient care.

Market Segmentation By End-Users

Among the end-users of IoT in the healthcare industry, hospitals, surgical centers, and clinics are experiencing the most significant growth. This growth is driven by these institutions' increasing preference for adopting advanced IoT solutions for improving patient care, streamlining workflows, and enhancing operational efficiency.

Key Features of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Innovations and Projects.

Key Highlights of the Report:

  • North America IoT in Healthcare Market Outlook
  • Market Size of North America IoT in Healthcare Market, 2024
  • Forecast of North America IoT in Healthcare Market, 2031
  • Historical Data and Forecast of North America IoT in Healthcare Revenues & Volume for the Period 2021 - 2031
  • North America IoT in Healthcare Market Trend Evolution
  • North America IoT in Healthcare Market Drivers and Challenges
  • North America IoT in Healthcare Price Trends
  • North America IoT in Healthcare Porter's Five Forces
  • North America IoT in Healthcare Industry Life Cycle
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Medical Device for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Systems & Software for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Connectivity Technology for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Medical Device for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Systems & Software for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Connectivity Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Component for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Medical Device for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Systems & Software for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Services for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Connectivity Technology for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Telemedicine for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Clinical Operations and Workflow Management for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Connected Imaging for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Inpatient Monitoring for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Medication Management for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Telemedicine for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Clinical Operations and Workflow Management for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Connected Imaging for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Inpatient Monitoring for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Medication Management for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Telemedicine for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Clinical Operations and Workflow Management for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Connected Imaging for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Inpatient Monitoring for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Medication Management for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By End-Users for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Hospitals, Surgical Centers, and Clinics for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Clinical Research Organizations for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Government and Defense Institutions for the Period 2021 - 2031
  • Historical Data and Forecast of North America IoT in Healthcare Market Revenues & Volume By Research and Diagnostic Laboratories for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By End-Users for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Hospitals, Surgical Centers, and Clinics for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Clinical Research Organizations for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Government and Defense Institutions for the Period 2021 - 2031
  • Historical Data and Forecast of United States IoT in Healthcare Market Revenues & Volume By Research and Diagnostic Laboratories for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By End-Users for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Hospitals, Surgical Centers, and Clinics for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Clinical Research Organizations for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Government and Defense Institutions for the Period 2021 - 2031
  • Historical Data and Forecast of Canada IoT in Healthcare Market Revenues & Volume By Research and Diagnostic Laboratories for the Period 2021 - 2031
  • North America IoT in Healthcare Market - Key Performance Indicators
  • North America IoT in Healthcare Market - Import Export Trade Statistics
  • North America IoT in Healthcare Market - Opportunity Assessment By Countries
  • North America IoT in Healthcare Market - Opportunity Assessment By Component
  • North America IoT in Healthcare Market - Opportunity Assessment By Application
  • North America IoT in Healthcare Market - Opportunity Assessment By End-Users
  • North America IoT in Healthcare Market - Top Companies Market Share
  • North America IoT in Healthcare Market - Top Companies Profiles
  • North America IoT in Healthcare Market - Comparison of Players in Technical and Operating Parameters
  • North America IoT in Healthcare Market - Strategic Recommendations

Markets Covered

The report offers a comprehensive study of the subsequent market segments

By Countries

  • United States
  • Canada

By Component

  • Medical Device
  • Systems & Software
  • Services
  • Connectivity Technology

By Application

  • Telemedicine
  • Clinical Operations and Workflow Management
  • Connected Imaging
  • Inpatient Monitoring
  • Medication Management
  • Others

By End-Users

  • Hospitals, Surgical Centers, and Clinics
  • Clinical Research Organizations
  • Government and Defense Institutions
  • Research and Diagnostic Laboratories
North America IoT in Healthcare Market (2025-2031): FAQs
Key driving factors include increasing demand for efficient, data-driven healthcare operations, advancements in IoT technologies, and the influence of digital healthcare campaigns.
In the North America IoT in healthcare market, key players include established companies like Philips Healthcare, IBM Corporation, Cisco Systems Inc., GE Healthcare, Qualcomm Life Inc., Microsoft Corporation, and Honeywell Life Care Solutions.
In North America, government regulations on IoT usage, data privacy, and content disclosure heavily influence the IoT in Healthcare Market. Compliance with these regulations is crucial for healthcare providers to ensure patient confidence in their data's privacy and safety.
The North America IoT in Healthcare Market challenges include the need for continuous research and development, substantial initial investment, and compliance with health safety standards. However, these challenges are expected to be mitigated in the future with ongoing advancements in IoT technology and increasing government regulations for data privacy and transparency.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America IoT in Healthcare Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America IoT in Healthcare Market Revenues & Volume, 2021 & 2031F
3.3 North America IoT in Healthcare Market - Industry Life Cycle
3.4 North America IoT in Healthcare Market - Porter's Five Forces
3.5 North America IoT in Healthcare Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 North America IoT in Healthcare Market Revenues & Volume Share, By Component , 2021 & 2031F
3.7 North America IoT in Healthcare Market Revenues & Volume Share, By Application, 2021 & 2031F
3.8 North America IoT in Healthcare Market Revenues & Volume Share, By End-Users, 2021 & 2031F
4 North America IoT in Healthcare Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America IoT in Healthcare Market Trends
6 North America IoT in Healthcare Market, 2021 - 2031
6.1 North America IoT in Healthcare Market, Revenues & Volume, By Component , 2021 - 2031
6.2 North America IoT in Healthcare Market, Revenues & Volume, By Application, 2021 - 2031
6.3 North America IoT in Healthcare Market, Revenues & Volume, By End-Users, 2021 - 2031
7 United States IoT in Healthcare Market, 2021 - 2031
7.1 United States IoT in Healthcare Market, Revenues & Volume, By Component , 2021 - 2031
7.2 United States IoT in Healthcare Market, Revenues & Volume, By Application, 2021 - 2031
7.3 United States IoT in Healthcare Market, Revenues & Volume, By End-Users, 2021 - 2031
8 Canada IoT in Healthcare Market, 2021 - 2031
8.1 Canada IoT in Healthcare Market, Revenues & Volume, By Component , 2021 - 2031
8.2 Canada IoT in Healthcare Market, Revenues & Volume, By Application, 2021 - 2031
8.3 Canada IoT in Healthcare Market, Revenues & Volume, By End-Users, 2021 - 2031
9 North America IoT in Healthcare Market Key Performance Indicators
10 North America IoT in Healthcare Market - Opportunity Assessment
10.1 North America IoT in Healthcare Market Opportunity Assessment, By Countries, 2021 & 2031F
10.2 North America IoT in Healthcare Market Opportunity Assessment, By Component , 2021 & 2031F
10.3 North America IoT in Healthcare Market Opportunity Assessment, By Application, 2021 & 2031F
10.4 North America IoT in Healthcare Market Opportunity Assessment, By End-Users, 2021 & 2031F
11 North America IoT in Healthcare Market - Competitive Landscape
11.1 North America IoT in Healthcare Market Revenue Share, By Companies, 2024
11.2 North America IoT in Healthcare Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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