Global Internet of Medical Things Market: Current Analysis and Forecast (2020-2027)

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The Internet of Medical Things (IoMT) is an incorporation of medical devices and applications that can connect to health care IT systems utilizing networking skills. It minimizes excessive hospital visits and the burden on health care systems by connecting patients to their physicians and allowing the transfer of medical data over a protected network. Pervasive healthcare services have undergone a great evolution in recent years. The technological development of communication networks, including the Internet, sensor networks, and M2M (Machine-to-Machine) have given rise to new architectures, applications, and standards related to addressing almost all current e-health challenges. The utilization of the Internet of Things (IoT) in healthcare has sharply increased across various specific Internet of Things use cases. Most patient interactions with the health care system involve the use of medical equipment and devices. IoT solutions for healthcare hold the promise to make medical organizations smarter and more successful at what they do. IoT helps in redefining the interaction connection between the people, technology and devices with each other in healthcare environments, helping promote better care, reduced costs and improved outcomes. The capabilities of IoMT are more accurate diagnoses, fewer errors, and lower costs of care. Paired with smartphone applications, the technology allows patients to send their health information to doctors to better surveil diseases and track and prevent chronic illnesses. Goldman Sachs estimates that IoMT would save the healthcare industry US$ XX billion annually in expenditures primarily through remote patient monitoring and improved medication adherence. The IoMT bridges both the digital and physical worlds and can monitor and modify patient behavior in real time to manage chronic conditions such as asthma, diabetes, and high blood pressure. IoMT technology can also streamline various clinical processes and information flows and bring together people (patients, caregivers, and clinicians), data (patient or performance data), processes (care delivery and monitoring) and enablers (medical devices and mobile applications) to improve health care delivery. The IoMT generates intelligent and measurable information to help improve the speed and accuracy of diagnostics and target treatments more efficiently and effectively. It enables remote clinical monitoring, chronic disease and medication management and preventive care, and it supports people who require assistance with daily living, like the elderly and disabled, to live independent lives for as long as possible. It also has the potential to lower costs, improve efficiency and deliver better patient outcomes. Based on the component, the IoMT market is bifurcated into medical devices, systems and software, services and connectivity technology. Medical Devices Market generated revenue of US$ 18.7 billion in 2019 and is expected to grow at a CAGR of 16.9% during the forecast period to reach a market valuation of US$ 93.6 billion by 2027. However, Systems and Software Market is expected to witness the highest CAGR growth during the forecast period 2021-2027. The medical devices sub-segment is further subdivided into wearable external medical devices, implanted medical devices and, stationery medical devices. Moreover, systems & software segment is fragmented into remote device management, network bandwidth management, data analytics, application security and network security. Further, the services segment is bifurcated into deployment and integration, consulting and support and maintenance. Based on application, the IoMT market is fragmented into telemedicine, clinical operations, and workflow management, connected imaging, inpatient monitoring, medication management and others (fall detection, sportsmen care, and public safety). Telemedicine generated revenue of US$ 16 billion in 2019. The market is expected to grow at a CAGR of 16.65% during the forecast period to reach a market valuation of US$ 78.6 billion by 2027. However, Inpatient Monitoring is expected to witness the highest CAGR growth during the forecast period 2021-2027. The major end-users in the IoMT market include hospitals surgical centers, and clinics, clinical research organizations, others (institutes, R&D labs, government organizations, etc.). Hospitals, surgical centers, and clinics segment dominated the market in 2019 with 74.9% of total market and is expected to maintain its dominance during the forecast period. For better understanding of the market penetration of Internet of Medical Things, the market is analyzed based on its worldwide presence in the region such as North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia and Rest of Asia-Pacific), Middle East and Africa and South America. North America constitutes a major market for Internet of Medical Things industry. Some of the major players operating in the market include Boston Scientific Corporation, Cisco Systems, GE Healthcare, IBM Corporation, iRhythm Technologies, Koninklijke Philips N.V., Medtronic, Microsoft Corporation, SAP SE and Welch Allyn. The global Internet of Medical Things market was valued US$ 51.2 billion in 2019 and is projected to expand significantly with the CAGR of 18.5% from 2021-2027. The market is expected to witness a boost, owing to the adoption and advancement in technologies, rapid digitization of health care systems to aid efficient patient care, the rise in the demand for mobile health care technologies and an increase in demand from an ageing population and people suffering from chronic diseases.

1. MARKET INTRODUCTION 15 1.1 Market Definition 15 1.2 Objective of the Study 15 1.3 Limitation 15 1.4 Stakeholders 16 1.5 Currency used in the Report 16 1.6 Scope of the Global Internet of Medical Things Market Study 16 2. RESEARCH METHODOLOGY OR ASSUMPTION 17 2.1 Research Methodology for the Internet of Medical Things Market Study 17 2.1.1 Main Objective of the Internet of Medical Things Market Study 18 3. INDUSTRY PERFORMANCE 19 4. EXECUTIVE SUMMARY 21 5. MARKET OVERVIEW 24 5.1 Introduction 24 5.2 Market Dynamics 25 5.2.1 Market Trend & Drivers 25 5.2.1.1 Growing Prevalence of Chronic Diseases 25 5.2.1.2 Rising Awareness of Technological Advancements in Smart Healthcare Products 27 5.2.1.3 Increasing Demand for Wearable Devices 27 5.2.1.4 Rising Focus on Active Patient Engagement and Patient-Centric Care 28 5.2.2 Market Challenges 29 5.2.2.1 Data Security and Privacy Concerns 29 5.2.2.2 Challenge of Motivating Patients to Adopt Technology 29 5.2.3 Market Opportunities 30 5.2.3.1 Low Doctor-To-Patient Ratio Leading to Increased Dependency on Self-Operated E-health Platforms 30 5.2.3.2 Government Initiatives for Promoting Digital Health 30 6. LEGAL & REGULATORY FRAMEWORK 31 6.1 General Overview 31 6.1.1 The General Data Protection Regulation 31 6.1.2 Europe 32 7. DEMAND AND SUPPLY SIDE ANALYSIS 33 7.1 Demand Side Analysis 33 7.2 Supply Side Analysis 34 7.2.1 Top Product Launches 35 7.2.2 Top Business Partnerships 35 7.2.3 Top Mergers and Acquisitions 36 7.2.4 Top Business Expansions and Investment 36 8. VALUE CHAIN ANALYSIS 37 8.1 Value Chain Analysis 37 9. MARKET INSIGHTS BY COMPONENT 38 9.1 General Overview 38 9.1.1 Medical Devices 39 9.1.1.1 Wearable External Medical Devices 41 9.1.1.2 Implanted Medical Devices 42 9.1.1.3 Stationary Medical Devices 43 9.1.2 Systems and Software 44 9.1.2.1 Remote Device Management 46 9.1.2.2 Network Bandwidth Management 47 9.1.2.3 Data Analytics 48 9.1.2.4 Application Security 49 9.1.2.5 Network Security 50 9.1.3 Services 51 9.1.3.1 Deployment and Integration 53 9.1.3.2 Consulting 54 9.1.3.3 Support and Maintenance 55 9.1.4 Connecting Technology 56 10. MARKET INSIGHTS BY APPLICATION 57 10.1 General Overview 57 10.1.1 Telemedicine 59 10.1.2 Clinical Operations and Workflow Management 60 10.1.3 Connected Imaging 61 10.1.4 Inpatient Monitoring 62 10.1.5 Medication Management 63 10.1.6 Others 64 11. MARKET INSIGHTS BY END-USER 65 11.1 General Overview 65 11.1.1 Hospitals, Surgical Centers, and Clinics 67 11.1.2 Clinical Research Organizations 68 11.1.3 Others 69 12. MARKET INSIGHTS BY REGION 70 12.1 General Overview 70 12.2 North America Internet of Medical Things Market 73 12.2.1 United States Internet of Medical Things Market 77 12.2.2 Canada Internet of Medical Things Market 83 12.2.3 Rest of North America Internet of Medical Things Market 88 12.3 Europe Internet of Medical Things Market 93 12.3.1 France Internet of Medical Things Market 97 12.3.2 Germany Internet of Medical Things Market 102 12.3.3 Italy Internet of Medical Things Market 107 12.3.4 Spain Internet of Medical Things Market 112 12.3.5 United Kingdom Internet of Medical Things Market 117 12.3.6 Rest of Europe Internet of Medical Things Market 122 12.4 Asia-Pacific Internet of Medical Things Market 127 12.4.1 China Internet of Medical Things Market 131 12.4.2 Japan Internet of Medical Things Market 137 12.4.3 India Internet of Medical Things Market 142 12.4.4 Australia Internet of Medical Things Market 147 12.4.5 Rest of Asia-Pacific Internet of Medical Things Market 152 12.5 Middle East & Africa Internet of Medical Things Market 157 12.6 South America Internet of Medical Things Market 162 13. COMPETITIVE SCENARIO 166 13.1 Porter’s Five forces analysis 166 13.1.1 Bargaining power of Supplier 167 13.1.2 Bargaining power of Buyer 167 13.1.3 Industry Rivalry 167 13.1.4 Availability of Substitute 167 13.1.5 Threat of new Entrants 168 13.2 Competitive Landscape 168 13.2.1 Market Share of Key Players in Internet of Medical Things Market, 2019 169 14. TOP COMPANY PROFILES 170 14.1 IBM Corporation 170 14.1.1 Key Facts 170 14.1.2 Business Description 171 14.1.3 IBM Corporation, Digital Journey 171 14.1.4 Key Product/Services Offerings 171 14.1.5 Growth Strategy 172 14.1.6 SWOT Analysis 172 14.1.7 Key Financials 173 14.1.7.1 Revenue Split 174 14.1.7.2 Financial Overview of IBM Corporation 174 14.1.8 Recent Developments 175 14.1.8.1 Product Launch 175 14.1.8.2 Partnerships 175 14.1.8.3 Business Expansions and Investment 176 14.2 Boston Scientific Corporation 177 14.3 Cisco Systems 183 14.4 GE Healthcare 189 14.5 iRhythm Technologies 195 14.6 Koninklijke Philips N.V. 201 14.7 Medtronic 207 14.8 Microsoft Corporation 213 14.9 SAP SE 219 14.10 Welch Allyn 225

FIG. 1 Scope of the Global Internet of Medical Things Market Study 16 FIG. 2 Research Methodology for the Internet of Medical Things Market Study 17 FIG. 3 Several ways Internet of Medical Things Impacts Healthcare 22 FIG. 4 Global Internet of Medical Things Market, 2019-2027 (US$ Billion) 23 FIG. 5 IoMT: Promising Future 24 FIG. 6 Prevalence of Chronic Disease in the United States (In Million) 26 FIG. 7 Common Chronic Diseases for Adults 65+, 2017, Percentage 26 FIG. 8 Timeline of Key Regulatory Changes Impacting Medical Devices 32 FIG. 9 Estimated Percentage of Connected Medical Devices Today & In Coming Years 33 FIG. 10 Value Chain Analysis in Internet of Medical Things: Connected Healthcare 37 FIG. 11 Global Internet of Medical Things Market Share, By Component, 2019 & 2027 (%) 38 FIG. 12 Global Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 38 FIG. 13 United States Adult Wearable Users and Penetration, 2017-2021, Millions and % of Population 39 FIG. 14 Global Medical Devices Internet of Medical Things Market, By Component, 2019 & 2027 (%) 40 FIG. 15 Global Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 40 FIG. 16 Worldwide Wearable Device Shipments (In Million Units) 41 FIG. 17 Global Wearable External Medical Devices IoMT Market, By Region, 2019-2027 (US$ Billion) 41 FIG. 18 Global Implanted Medical Devices IoMT Market, By Region, 2019-2027 (US$ Billion) 42 FIG. 19 Global Stationary Medical Devices IoMT Market, By Region, 2019-2027 (US$ Billion) 43 FIG. 20 Global Systems and Software Internet of Medical Things Market Share, By Component, 2019 & 2027 (%) 45 FIG. 21 Global Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 45 FIG. 22 Global Remote Device Management IoMT Market, By Region, 2019-2027 (US$ Billion) 46 FIG. 23 Global Network Bandwidth Management IoMT Market, By Region, 2019-2027 (US$ Billion) 47 FIG. 24 Global Data Analytics IoMT Market, By Region, 2019-2027 (US$ Billion) 48 FIG. 25 Global Application Security IoMT Market, By Region, 2019-2027 (US$ Billion) 49 FIG. 26 Global Network Security IoMT Market, By Region, 2019-2027 (US$ Billion) 50 FIG. 27 Global Services Internet of Medical Things Market Share, By Component, 2019 & 2027 (%) 52 FIG. 28 Global Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 52 FIG. 29 Global Deployment and Integration IoMT Market, By Region, 2019-2027 (US$ Billion) 53 FIG. 30 Global Consulting IoMT Market, By Region, 2019-2027 (US$ Billion) 54 FIG. 31 Global Support and Maintenance IoMT Market, By Region, 2019-2027 (US$ Billion) 55 FIG. 32 Global Connecting Technology Internet of Medical Things Market Size, By Region, 2019-2027 (US$ Billion) 56 FIG. 33 Benefits of Telemedicine Solutions (Percentage) 57 FIG. 34 Global Internet of Medical Things Market Share, by Application 2019 & 2027 (%) 58 FIG. 35 Global Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 58 FIG. 36 Global Telemedicine IoMT Market, By Region, 2019-2027 (US$ Billion) 59 FIG. 37 Global Clinical Operations and Workflow Management IoMT Market, By Region, 2019-2027 (US$ Billion) 60 FIG. 38 Global Connected Imaging IoMT Market, By Region, 2019-2027 (US$ Billion) 61 FIG. 39 Global Inpatient Monitoring IoMT Market, By Region, 2019-2027 (US$ Billion) 62 FIG. 40 Global Medication Management IoMT Market, By Region, 2019-2027 (US$ Billion) 63 FIG. 41 Global Other IoMT Applications Market, By Region, 2019-2027 (US$ Billion) 64 FIG. 42 Global Internet of Medical Things Market Share by End-User, 2019 & 2027 (%) 65 FIG. 43 Percentage of Hospitals Fully or Partially Implementing Computerized Telehealth System, 2010-2017 66 FIG. 44 Global Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 66 FIG. 45 Global Hospitals, Surgical Centers, and Clinics IoMT Market, By Region, 2019-2027 (US$ Billion) 67 FIG. 46 Global Clinical Research Organizations Internet of Medical Things Market, By Region, 2019-2027 (US$ Billion) 68 FIG. 47 Global Other End-Users Internet of Medical Things Market, By Region, 2019-2027 (US$ Billion) 69 FIG. 48 Global Internet of Medical Things Market Share, By Region, 2019 & 2027 (%) 70 FIG. 49 Worldwide Healthcare Spending Per Capita, 2019 (US$) 71 FIG. 50 Number of Global Active Device Connections (Installed Base) (Billion) 71 FIG. 51 Global Internet of Medical Things Market Size, By Region, 2019-2027 (US$ Billion) 72 FIG. 52 North America Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 73 FIG. 53 North America Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 74 FIG. 54 North America Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 74 FIG. 55 North America Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 75 FIG. 56 North America Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 75 FIG. 57 North America Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 76 FIG. 58 North America Internet of Medical Things Market Size, By Country, 2019-2027 (US$ Billion) 77 FIG. 59 United States Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 77 FIG. 60 United States Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 79 FIG. 61 United States Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 79 FIG. 62 United States Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 80 FIG. 63 United States Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 80 FIG. 64 United States Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 81 FIG. 65 Canada Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 83 FIG. 66 Canada Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 84 FIG. 67 Canada Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 84 FIG. 68 Canada Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 85 FIG. 69 Canada Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 85 FIG. 70 Canada Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 86 FIG. 71 Rest of North America Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 88 FIG. 72 Rest of North America Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 89 FIG. 73 Rest of North America Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 89 FIG. 74 Rest of North America Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 90 FIG. 75 Rest of North America Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 90 FIG. 76 Rest of North America Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 91 FIG. 77 Europe Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 93 FIG. 78 Europe Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 94 FIG. 79 Europe Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 94 FIG. 80 Europe Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 95 FIG. 81 Europe Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 95 FIG. 82 Europe Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 96 FIG. 83 Europe Internet of Medical Things Market Size, By Country, 2019-2027 (US$ Billion) 97 FIG. 84 France Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 97 FIG. 85 France Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 98 FIG. 86 France Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 98 FIG. 87 France Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 99 FIG. 88 France Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 100 FIG. 89 France Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 100 FIG. 90 Germany Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 102 FIG. 91 Germany Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 103 FIG. 92 Germany Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 103 FIG. 93 Germany Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 104 FIG. 94 Germany Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 104 FIG. 95 Germany Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 105 FIG. 96 Italy Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 107 FIG. 97 Italy Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 108 FIG. 98 Italy Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 108 FIG. 99 Italy Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 109 FIG. 100 Italy Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 109 FIG. 101 Italy Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 110 FIG. 102 Spain Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 112 FIG. 103 Spain Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 113 FIG. 104 Spain Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 113 FIG. 105 Spain Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 114 FIG. 106 Spain Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 114 FIG. 107 Spain Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 115 FIG. 108 United Kingdom Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 117 FIG. 109 United Kingdom Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 118 FIG. 110 United Kingdom Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 118 FIG. 111 United Kingdom Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 119 FIG. 112 United Kingdom Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 119 FIG. 113 United Kingdom Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 120 FIG. 114 Rest of Europe Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 122 FIG. 115 Rest of Europe Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 123 FIG. 116 Rest of Europe Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 123 FIG. 117 Rest of Europe Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 124 FIG. 118 Rest of Europe Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 124 FIG. 119 Rest of Europe Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 125 FIG. 120 Asia-Pacific Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 127 FIG. 121 Asia-Pacific Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 128 FIG. 122 Asia-Pacific Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 128 FIG. 123 Asia-Pacific Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 129 FIG. 124 Asia-Pacific Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 129 FIG. 125 Asia-Pacific Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 130 FIG. 126 Asia-Pacific Internet of Medical Things Market Size, By Country, 2019-2027 (US$ Billion) 131 FIG. 127 China Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 131 FIG. 128 China Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 133 FIG. 129 China Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 133 FIG. 130 China Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 134 FIG. 131 China Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 134 FIG. 132 China Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 135 FIG. 133 Japan Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 137 FIG. 134 Japan Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 138 FIG. 135 Japan Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 138 FIG. 136 Japan Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 139 FIG. 137 Japan Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 139 FIG. 138 Japan Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 140 FIG. 139 India Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 142 FIG. 140 India Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 143 FIG. 141 India Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 143 FIG. 142 India Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 144 FIG. 143 India Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 144 FIG. 144 India Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 145 FIG. 145 Australia Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 147 FIG. 146 Australia Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 148 FIG. 147 Australia Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 148 FIG. 148 Australia Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 149 FIG. 149 Australia Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 149 FIG. 150 Australia Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 150 FIG. 151 Rest of APAC Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 152 FIG. 152 Rest of APAC Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 153 FIG. 153 Rest of APAC Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 153 FIG. 154 Rest of APAC Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 154 FIG. 155 Rest of APAC Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 154 FIG. 156 Rest of APAC Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 155 FIG. 157 Middle East & Africa Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 157 FIG. 158 Middle East & Africa Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 158 FIG. 159 Middle East & Africa Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 158 FIG. 160 Middle East & Africa Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 159 FIG. 161 Middle East & Africa Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 159 FIG. 162 Middle East & Africa Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 160 FIG. 163 South America Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 162 FIG. 164 South America Medical Devices Internet of Medical Things Market, By Component, 2019-2027 (US$ Billion) 163 FIG. 165 South America Systems and Software Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 163 FIG. 166 South America Services Internet of Medical Things Market Size, By Component, 2019-2027 (US$ Billion) 164 FIG. 167 South America Internet of Medical Things Market Share by Application, 2019-2027 (US$ Billion) 164 FIG. 168 South America Internet of Medical Things Market Size, By End-User, 2019-2027 (US$ Billion) 165 FIG. 169 Porter’s Five forces analysis of Internet of Medical Things Market 166 FIG. 170 Market Share of Key Players in Internet of Medical Things Market, 2019 (%) 169 FIG. 171 Moments from IBM’s Transformation – Digital Journey 171 FIG. 172 IBM Corporation, SWOT Analysis 172 FIG. 173 Key Financials of IBM Corporation 173 FIG. 174 IBM Corporation, Revenue Split, 2019 174 FIG. 175 Boston Scientific Corporation, SWOT Analysis 179 FIG. 176 Key Financials of Boston Scientific Corporation 180 FIG. 177 Boston Scientific Corporation, Revenue Split, 2019 181 FIG. 178 Cisco Systems, SWOT Analysis 185 FIG. 179 Key Financials of Cisco Systems 186 FIG. 180 Cisco Systems, Revenue Split, 2019 187 FIG. 181 GE Healthcare, SWOT Analysis 191 FIG. 182 Key Financials of GE Healthcare 192 FIG. 183 GE Healthcare, Revenue Split, 2019 193 FIG. 184 iRhythm Technologies, SWOT Analysis 197 FIG. 185 Key Financials of iRhythm Technologies 198 FIG. 186 iRhythm Technologies, Revenue Split, 2019 199 FIG. 187 Koninklijke Philips N.V., SWOT Analysis 203 FIG. 188 Key Financials of Koninklijke Philips N.V. 204 FIG. 189 Koninklijke Philips N.V., Revenue Split, 2019 205 FIG. 190 Medtronic, SWOT Analysis 209 FIG. 191 Key Financials of Medtronic 210 FIG. 192 Medtronic, Revenue Split, 2019 211 FIG. 193 Microsoft Corporation, SWOT Analysis 215 FIG. 194 Key Financials of Microsoft Corporation 216 FIG. 195 Microsoft Corporation, Revenue Split, 2019 217 FIG. 196 SAP SE, SWOT Analysis 221 FIG. 197 Key Financials of SAP SE 222 FIG. 198 SAP SE, Revenue Split, 2019 223 FIG. 199 Welch Allyn, SWOT Analysis 227 FIG. 200 Key Financials of Welch Allyn 228 FIG. 201 Welch Allyn, Revenue Split, 2019 229

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