IoT in Healthcare Market Projected to Surpass $594.5 Billion by 2035

The global Internet of Things (IoT) in healthcare market is expected to grow from $56.7 billion in 2024 to $594.5 billion by 2035, registering a compound annual growth rate of 23.9%, announced in a press release by Vantage Market Research.

Growth in the sector is being driven by the adoption of wearable and implantable sensors, AI-powered analytics for remote patient monitoring, and increased investment in smart hospital infrastructure. The expansion of telehealth and connected medical devices is improving workflow efficiency and patient safety across healthcare systems.

Emerging technologies, including AI-enabled wearables such as Meta’s Ray-Ban Display smart glasses and Neural Band, are enhancing real-time monitoring and personalized care. Governments are also supporting digital health adoption through new regulations and telemedicine reimbursement policies aimed at expanding access to connected healthcare solutions.