New Analysis from Global Industry Analysts Reveals Steady Growth for Internet of Things (IoT) Medical Devices, with the Market to Reach $105.9 Billion Worldwide by 2026

SAN FRANCISCO, Aug. 31, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Internet of Things (IoT) Medical Devices – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Edition: 5; Released: April 2021
Executive Pool: 1096
Companies: 37 – Players covered include Abbott Laboratories; Agamatrix; Alivecor; Biotelemetry; Biotronik; Boston Scientific; GE Healthcare; Honeywell Life Care Solutions; Ihealth Lab; Johnson & Johnson; Medtronic; Omron; Philips Healthcare (Philips); Siemens; Stanley Healthcare; Welch Allyn and Others.
Coverage: All major geographies and key segments
Segments: Connectivity Technology (Wi-Fi, Bluetooth, ZigBee, Other Connectivity Technologies)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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Global Internet of Things (IoT) Medical Devices Market to Reach $105.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Internet of Things (IoT) Medical Devices estimated at US$31.3 Billion in the year 2020, is projected to reach a revised size of US$105.9 Billion by 2026, growing at a CAGR of 22.2% over the analysis period. Wi-Fi, one of the segments analyzed in the report, is projected to record a 23.5% CAGR and reach US$55.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bluetooth segment is readjusted to a revised 21.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $11.9 Billion in 2021, While China is Forecast to Reach $18.5 Billion by 2026
The Internet of Things (IoT) Medical Devices market in the U.S. is estimated at US$11.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.5 Billion by the year 2026 trailing a CAGR of 21.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20% and 18.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.4% CAGR.

ZigBee Segment to Reach US$21.2 Billion by the year 2026
In the global ZigBee segment, USA, Canada, Japan, China and Europe will drive the 22.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5 Billion in the year 2020 will reach a projected size of US$20.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., ( is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966

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