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Internet of Medical Things (IoMT) Market to reach over US$ 385.01 Bn by the year 2031 – Explained Details | Exclusive Study by InsightAce Analytic

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JERSEY CITY, N.J., Feb. 21, 2024 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Internet Of Medical Things (IoMT) Market – (Component (Hardware, Software, And Services), Platform (Device Management, Application Management, And Cloud Management), Mode Of Service Delivery (On-Premise And Cloud), Connectivity Services (Wired And Wireless), Applications (Telemedicine, Clinical Operations & Workflow Management, Connected Imaging, Medication Management, Inpatient Monitoring) And End-Use (Hospitals, Clinics, Academics, Research Institutes, Homecare))), Trends, Industry Competition Analysis, Revenue and Forecast To 2031.”

“Internet of Medical Things (IoMT) Market” in terms of revenue was estimated to be worth $52.33 billion in 2023 and is poised to reach $385.01 billion by 2031, growing at a CAGR of 28.70% from 2024 to 2031 according to a new report by InsightAce Analytic.

Internet of Medical Things (IoMT) Market Report Scope:

Report Attribute

Specifications

Market Size Value In 2023

USD 52.33 Bn

Revenue Forecast In 2031

USD 385.01 Bn

Growth Rate CAGR

CAGR of 28.70 % from 2024 to 2031

Quantitative Units

Representation of revenue in US$ Bn and CAGR from 2024 to 2031

Historic Year

2019 to 2023

Forecast Year

2024-2031

Report Coverage

The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends

Segments Covered

Component, Platform, Service Delivery, Connectivity Services, Applications And End-Use

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia

 

Get a Free Sample Report @  https://www.insightaceanalytic.com/request-sample/1559 

Latest Drivers Restraint and Opportunities Market Snapshot:

Key factors influencing the global Internet of Medical Things (IoMT) Market are:

Remote Patient Monitoring is a Major Driver.The rise of Wearable Devices is Driving the Market.Advanced Healthcare Analytics Drives the Market.

The following are the primary obstacles to the Internet of Medical Things (IoMT) Market’s expansion:

Data Security and Privacy Concerns Restricting Market Growth.Lack of Universal Standards.Limited Reimbursement Policies.

Future expansion opportunities for the global Internet of Medical Things (IoMT) Market include:

Health Data Analytics and Predictive Modeling.Wearable Technology Integration.Remote Patient Monitoring and Chronic Disease Management.

Market Analysis:

The market analysis for the Internet of Medical Things (IoMT) reflects a dynamic landscape characterized by significant growth prospects and transformative impacts on the healthcare industry. IoMT’s integration of medical devices, connectivity, and data analytics presents opportunities for remote patient monitoring, telehealth expansion, and efficient healthcare operations. The increasing focus on preventive healthcare, personalized medicine, and research applications further propels market growth. Challenges include data security concerns, interoperability issues, and the need for universal standards.

List of Prominent Players in the Internet of Medical Things (IoMT) Market:

Siemens (Germany)General Electric (U.S.)Biotronik SE & Co. KG (Germany)Medtronic (Ireland)Boston Scientific Corporation (U.S.)Hill-Rom Services, Inc. (U.S.)Neurometrix, Inc. (U.S.)Honeywell International Inc. (U.S.)VitaConnect (U.S.), Ekso Bionics (U.S.)B.L. Healthcare, Inc. (U.S.)BioSerenityKoninklijke Philips NV. (Netherlands)Lenovo (China)AliveCor. Inc. (U.S.)

Recent Developments:

In Dec 2023, Medtronic plc agreed to expand its collaboration with Cosmo Intelligent Medical Devices, a Cosmo Pharmaceuticals subsidiary. This AI-driven association builds on the success of the GI Genius™ intelligent endoscopy module, providing ongoing innovation and scalable healthcare breakthroughs for patients and caregivers globally. Medtronic and Cosmo Pharmaceuticals remain aimed at reinventing endoscopy by leveraging AI to improve patient outcomes. This strategic agreement strengthens Medtronic’s leadership in AI-integrated healthcare products and marks a significant step in implementing AI into endoscopic treatment.In October 2023, SAP SE reported that Siemens Healthineers AG’s digital transformation journey will be enabled by the RISE with SAP solution. Siemens Healthineers aims to leverage cloud innovation through this strategic partnership with SAP and the migration of its business processes. Siemens Healthineers intends to expand its operations and stay adaptable to the changing healthcare landscape and client demands by leveraging several cloud technologies, including SAP S/4HANA Cloud, private edition, SAP Business Technology Platform, and SAP Signavio.In November 2021, GE Healthcare introduced around 60 novel technology solutions for the healthcare industry, including patient screening, therapy planning, diagnostics, guidance, and monitoring. Amid a global pandemic and mounting industry pressures, the company accelerated innovations based on artificial intelligence (AI) and digital solutions to sustain and transform healthcare delivery, making it easier and more efficient for clinicians and health systems and more personalized and precise for patients.

Curious about this latest version of the report? @  https://www.insightaceanalytic.com/enquiry-before-buying/1559 

Internet of Medical Things (IoMT) Market Dynamics:

Market Drivers: Remote Patient Monitoring

Despite the evident potential of the Internet of Medical Things (IoMT), the market faces significant restrictions primarily stemming from heightened Data Security and Privacy Concerns. As healthcare systems become increasingly interconnected through IoMT devices, the threat of unauthorized access and data breaches has raised substantial apprehensions among both healthcare providers and patients. The sensitivity of medical information necessitates stringent security measures to safeguard against cyber threats and unauthorized data access. Striking a balance between seamless connectivity and robust data protection measures poses a challenge, particularly with the growing sophistication of cyber threats.

Challenges: Data Security and Privacy Concerns

Despite the evident potential of the Internet of Medical Things (IoMT), the market faces significant restrictions primarily stemming from heightened Data Security and Privacy Concerns. As healthcare systems become increasingly interconnected through IoMT devices, the risk of unapproved access and data breaches has raised substantial apprehensions among both healthcare providers and patients. The sensitivity of medical information necessitates stringent security measures to safeguard against cyber threats and unauthorized data access. Striking a balance between seamless connectivity and robust data protection measures poses a challenge, particularly with the growing sophistication of cyber threats.

North America Is Expected To Grow With The Highest CAGR During The Forecast Period

The forecasted dominance of North America, which is expected to exhibit the highest Compound Annual Growth Rate (CAGR) in the Internet of Medical Things (IoMT) market, also presents certain restrictions. While North America is poised for substantial growth, the potential drawbacks may include challenges related to regional variations in regulatory frameworks, healthcare infrastructure, and privacy laws. The need for standardization across diverse healthcare systems and compliance with varying regulations could pose complexities for IoMT providers and stakeholders. Additionally, the increased initial expenses associated with implementing IoMT technologies might present barriers, particularly for smaller healthcare facilities.

Segmentation of the Internet of Medical Things (IoMT) Market-

By Component

HardwareSoftwareServices

By Platform

Device ManagementApplication ManagementCloud Management

By Mode of Service Delivery

On-PremiseCloud

By Connectivity Devices

WiredWireless

By Application

TelemedicineClinical Operations & Workflow ManagementConnected ImagingMedication ManagementInpatient MonitoringOthers

By End-User

HospitalsClinicsResearch InstitutesAcademicsHomecareOthers

By Region-

North America

The USCanadaMexico

Europe

GermanyThe UKFranceItalySpainRest of Europe

Asia-Pacific

ChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific

Latin America

BrazilArgentinaRest of Latin America

 Middle East & Africa

GCC CountriesSouth AfricaRest of Middle East and Africa

For More Customization @  https://www.insightaceanalytic.com/customisation/1559

Why should buy this report:

To receive a comprehensive analysis of the prospects for the global Internet of Medical Things (IoMT) MarketTo receive an industry overview and future trends in the global Internet of Medical Things (IoMT) MarketTo analyze the Internet of Medical Things (IoMT) Market drivers and challengesTo get information on the Internet of Medical Things (IoMT) Market size value (US$ Mn) forecast till 2031Major Investments, Mergers & Acquisitions in the global Internet of Medical Things (IoMT) Market industry

Other Related Reports Published by InsightAce Analytic:

Pharma 4.0 Market 

eConsent In Healthcare Market 

mHealth Solutions Market

AI in Remote Patient Monitoring Market

About Us:

InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis of key market insights in a timely and cost-effective manner.

Contact Us:

InsightAce Analytic Pvt. Ltd.
Tel.: +1 551 226 6109
Email: info@insightaceanalytic.com
Site Visit: www.insightaceanalytic.com
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Votebeat Launches Expert Desk with Support from More Perfect

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WASHINGTON, Sept. 15, 2026 /PRNewswire/ — Today, More Perfect partners with Votebeat—the nation’s only nonprofit, nonpartisan newsroom dedicated exclusively to covering how elections are run—to announce the launch of the Expert Desk.

As we head into the midterms, this free platform connects journalists nationwide with bipartisan  election experts, including former election officials, election attorneys, and technologists, who provide real-time, on-the-record guidance. Journalists will use the Desk to check claims, understand lawsuits, find credible sources, pressure-test tips, and get on-the-record quotes without waiting on callbacks or relying on loud voices with thin expertise.

With support from More Perfect and its partners, the Desk multiplies Votebeat’s impact far beyond its own coverage, equipping local and national outlets with resources to cover elections accurately. The Desk is expected to serve 600 journalists across 150 newsrooms nationwide. More than 100 experts will be available to answer questions and offer proactive tips. 

“Journalists across the U.S. will be equipped to cover elections and provide communities with credible, trusted information to make informed decisions about key issues, thanks to More Perfect’s generous support of our national coverage and the Expert Desk,” said  Elizabeth Green, Founder and CEO of Civic News Company. Journalists across the country can now turn to Votebeat for a free resource to help them through this demanding election cycle.

“A functioning democracy depends on voters having accurate information about how their elections are run,” said John Bridgeland, Founder and CEO of More Perfect. “More Perfect is proud to support Votebeat and the Expert Desk, which puts trusted, on-the-record expertise directly in the hands of journalists in communities. This is the kind of work our alliance came together to advance.”

“The Expert Desk is the backbone for better election coverage,” said Jessica Huseman, editorial director for Votebeat. “It gives journalists immediate access to trusted experts who can help them make sense of complicated election laws, procedures, and technology — whether they need a source, a gut check, or an answer to a technical question on deadline.”

Votebeat’s National bureau ensures that trustworthy information is available to communities through its coverage of federal voting policy, legal battles, and cross-state trends that connect local reporting to broader national developments. Votebeat’s work has prompted policy changes, influenced public debate, and shaped how elections are understood and administered. That same expertise also informs Votebeat’s Expert Desk, which extends beyond its own newsroom.

Interested reporters are invited to complete the application form. Journalists will be accepted if they are actively reporting on the 2026 elections, are not funded by or working for political candidates, campaigns or parties, and abide by the Expert Desk’s participation guidelines. Experts with relevant election experience can express interest in participating by completing this form. Applications are accepted on a rolling basis. Journalists will be able to participate until December 15, when the Desk closes.

About More Perfect
More Perfect is a bipartisan alliance of 44 Presidential Centers, National Archives Foundation, American Academy of Arts and Sciences, Karsh Institute of Democracy at the University of Virginia, and more than 100 organizations working together to advance five Democracy Goals: 1) Universal Civic Learning; 2) Expanding National Service and Volunteering; 3) Bridging Divides; 4) Trusted Elections and More Representative and Responsive Governance; and 5) Access to Trusted News and Information.

About Civic News Company and Votebeat
Civic News Company publishes Votebeat (Election Administration), Healthbeat (Public Health and Healthcare), and Chalkbeat (Education). Our publisher is one of the nation’s largest networks of nonprofit local newsrooms with 15 bureaus across 12 states. Votebeat is the only nonprofit, nonpartisan newsroom in America focused exclusively on how elections are run. With embedded reporters in five states that will decide the balance of power in Washington (Arizona, Michigan, Pennsylvania, Texas, and Wisconsin), plus a National Desk and the Election Expert Desk, Votebeat watches the machinery of democracy year-round: voter rolls, mail ballots, county certification, election-office funding, and the laws that quietly determine who can vote and how easily.

For press inquiries, contact:
press@joinmoreperfect.us

View original content to download multimedia:https://www.prnewswire.com/news-releases/votebeat-launches-expert-desk-with-support-from-more-perfect-302878059.html

SOURCE More Perfect

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Votebeat Launches Expert Desk with Support from More Perfect

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on

By

WASHINGTON, Sept. 15, 2026 /PRNewswire/ — Today, More Perfect partners with Votebeat—the nation’s only nonprofit, nonpartisan newsroom dedicated exclusively to covering how elections are run—to announce the launch of the Expert Desk.

As we head into the midterms, this free platform connects journalists nationwide with bipartisan  election experts, including former election officials, election attorneys, and technologists, who provide real-time, on-the-record guidance. Journalists will use the Desk to check claims, understand lawsuits, find credible sources, pressure-test tips, and get on-the-record quotes without waiting on callbacks or relying on loud voices with thin expertise.

With support from More Perfect and its partners, the Desk multiplies Votebeat’s impact far beyond its own coverage, equipping local and national outlets with resources to cover elections accurately. The Desk is expected to serve 600 journalists across 150 newsrooms nationwide. More than 100 experts will be available to answer questions and offer proactive tips. 

“Journalists across the U.S. will be equipped to cover elections and provide communities with credible, trusted information to make informed decisions about key issues, thanks to More Perfect’s generous support of our national coverage and the Expert Desk,” said  Elizabeth Green, Founder and CEO of Civic News Company. Journalists across the country can now turn to Votebeat for a free resource to help them through this demanding election cycle.

“A functioning democracy depends on voters having accurate information about how their elections are run,” said John Bridgeland, Founder and CEO of More Perfect. “More Perfect is proud to support Votebeat and the Expert Desk, which puts trusted, on-the-record expertise directly in the hands of journalists in communities. This is the kind of work our alliance came together to advance.”

“The Expert Desk is the backbone for better election coverage,” said Jessica Huseman, editorial director for Votebeat. “It gives journalists immediate access to trusted experts who can help them make sense of complicated election laws, procedures, and technology — whether they need a source, a gut check, or an answer to a technical question on deadline.”

Votebeat’s National bureau ensures that trustworthy information is available to communities through its coverage of federal voting policy, legal battles, and cross-state trends that connect local reporting to broader national developments. Votebeat’s work has prompted policy changes, influenced public debate, and shaped how elections are understood and administered. That same expertise also informs Votebeat’s Expert Desk, which extends beyond its own newsroom.

Interested reporters are invited to complete the application form. Journalists will be accepted if they are actively reporting on the 2026 elections, are not funded by or working for political candidates, campaigns or parties, and abide by the Expert Desk’s participation guidelines. Experts with relevant election experience can express interest in participating by completing this form. Applications are accepted on a rolling basis. Journalists will be able to participate until December 15, when the Desk closes.

About More Perfect
More Perfect is a bipartisan alliance of 44 Presidential Centers, National Archives Foundation, American Academy of Arts and Sciences, Karsh Institute of Democracy at the University of Virginia, and more than 100 organizations working together to advance five Democracy Goals: 1) Universal Civic Learning; 2) Expanding National Service and Volunteering; 3) Bridging Divides; 4) Trusted Elections and More Representative and Responsive Governance; and 5) Access to Trusted News and Information.

About Civic News Company and Votebeat
Civic News Company publishes Votebeat (Election Administration), Healthbeat (Public Health and Healthcare), and Chalkbeat (Education). Our publisher is one of the nation’s largest networks of nonprofit local newsrooms with 15 bureaus across 12 states. Votebeat is the only nonprofit, nonpartisan newsroom in America focused exclusively on how elections are run. With embedded reporters in five states that will decide the balance of power in Washington (Arizona, Michigan, Pennsylvania, Texas, and Wisconsin), plus a National Desk and the Election Expert Desk, Votebeat watches the machinery of democracy year-round: voter rolls, mail ballots, county certification, election-office funding, and the laws that quietly determine who can vote and how easily.

For press inquiries, contact:
press@joinmoreperfect.us

View original content to download multimedia:https://www.prnewswire.com/news-releases/votebeat-launches-expert-desk-with-support-from-more-perfect-302878059.html

SOURCE More Perfect

Continue Reading

Technology

Votebeat Launches Expert Desk with Support from More Perfect

Published

on

By

WASHINGTON, Sept. 15, 2026 /PRNewswire/ — Today, More Perfect partners with Votebeat—the nation’s only nonprofit, nonpartisan newsroom dedicated exclusively to covering how elections are run—to announce the launch of the Expert Desk.

As we head into the midterms, this free platform connects journalists nationwide with bipartisan  election experts, including former election officials, election attorneys, and technologists, who provide real-time, on-the-record guidance. Journalists will use the Desk to check claims, understand lawsuits, find credible sources, pressure-test tips, and get on-the-record quotes without waiting on callbacks or relying on loud voices with thin expertise.

With support from More Perfect and its partners, the Desk multiplies Votebeat’s impact far beyond its own coverage, equipping local and national outlets with resources to cover elections accurately. The Desk is expected to serve 600 journalists across 150 newsrooms nationwide. More than 100 experts will be available to answer questions and offer proactive tips. 

“Journalists across the U.S. will be equipped to cover elections and provide communities with credible, trusted information to make informed decisions about key issues, thanks to More Perfect’s generous support of our national coverage and the Expert Desk,” said  Elizabeth Green, Founder and CEO of Civic News Company. Journalists across the country can now turn to Votebeat for a free resource to help them through this demanding election cycle.

“A functioning democracy depends on voters having accurate information about how their elections are run,” said John Bridgeland, Founder and CEO of More Perfect. “More Perfect is proud to support Votebeat and the Expert Desk, which puts trusted, on-the-record expertise directly in the hands of journalists in communities. This is the kind of work our alliance came together to advance.”

“The Expert Desk is the backbone for better election coverage,” said Jessica Huseman, editorial director for Votebeat. “It gives journalists immediate access to trusted experts who can help them make sense of complicated election laws, procedures, and technology — whether they need a source, a gut check, or an answer to a technical question on deadline.”

Votebeat’s National bureau ensures that trustworthy information is available to communities through its coverage of federal voting policy, legal battles, and cross-state trends that connect local reporting to broader national developments. Votebeat’s work has prompted policy changes, influenced public debate, and shaped how elections are understood and administered. That same expertise also informs Votebeat’s Expert Desk, which extends beyond its own newsroom.

Interested reporters are invited to complete the application form. Journalists will be accepted if they are actively reporting on the 2026 elections, are not funded by or working for political candidates, campaigns or parties, and abide by the Expert Desk’s participation guidelines. Experts with relevant election experience can express interest in participating by completing this form. Applications are accepted on a rolling basis. Journalists will be able to participate until December 15, when the Desk closes.

About More Perfect
More Perfect is a bipartisan alliance of 44 Presidential Centers, National Archives Foundation, American Academy of Arts and Sciences, Karsh Institute of Democracy at the University of Virginia, and more than 100 organizations working together to advance five Democracy Goals: 1) Universal Civic Learning; 2) Expanding National Service and Volunteering; 3) Bridging Divides; 4) Trusted Elections and More Representative and Responsive Governance; and 5) Access to Trusted News and Information.

About Civic News Company and Votebeat
Civic News Company publishes Votebeat (Election Administration), Healthbeat (Public Health and Healthcare), and Chalkbeat (Education). Our publisher is one of the nation’s largest networks of nonprofit local newsrooms with 15 bureaus across 12 states. Votebeat is the only nonprofit, nonpartisan newsroom in America focused exclusively on how elections are run. With embedded reporters in five states that will decide the balance of power in Washington (Arizona, Michigan, Pennsylvania, Texas, and Wisconsin), plus a National Desk and the Election Expert Desk, Votebeat watches the machinery of democracy year-round: voter rolls, mail ballots, county certification, election-office funding, and the laws that quietly determine who can vote and how easily.

For press inquiries, contact:
press@joinmoreperfect.us

View original content to download multimedia:https://www.prnewswire.com/news-releases/votebeat-launches-expert-desk-with-support-from-more-perfect-302878059.html

SOURCE More Perfect

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