Internet of Medical Things (IoMT) Market: A Future Valued at USD 370.9 Billion with a 23.15% CAGR Through 2032
The Internet of Medical Things (IoMT) market has demonstrated a significant growth trajectory, expanding from a valuation of US$ 48.7 billion in 2022 to an anticipated US$ 370.9 billion by 2032. This market is expected to progress at a compound annual growth rate (CAGR) of 23.15% during this period. The growth of the IoMT market is primarily driven by the increasing integration of IoT in healthcare, which improves patient outcomes through enhanced monitoring and real-time data exchange. The adoption of telemedicine tools, remote patient monitoring systems, and the use of artificial intelligence for diagnostics and predictive analytics are notable developments…
- Date: May 13, 2024
- Author: Robert Shaw
- Category: PharmiWeb