As per MRFR analysis, the India Internet Medical Things Market Size was estimated at 5.53 (USD Billion) in 2023.The India Internet Medical Things Market is expected to grow from 6.11(USD Billion) in 2024 to 20.88 (USD Billion) by 2035. The India Internet Medical Things Market CAGR (growth rate) is expected to be around 11.82% during the forecast period (2025 - 2035).
Key India Internet Medical Things Market Trends Highlighted
The India Internet Medical Things Market is experiencing significant growth driven by several key market drivers. One major factor is the increasing adoption of smart devices among healthcare professionals and patients, which is facilitated by the rising penetration of the internet across the country and the government's initiatives focusing on digital health. Furthermore, the demand for remote patient monitoring and telehealth services is surging, largely due to the COVID-19 pandemic, which prompted a shift towards more convenient and accessible healthcare solutions.
This transformation is supported by the National Digital Health Mission, which aims to provide a seamless and efficient healthcare system through technology.The India Internet Medical Things sector in India has a lot of potential for growth, such as in wearable healthcare technologies and mobile health apps. As more and more people become aware of their health, there is a chance for new ideas in digital therapeutics, managing chronic diseases, and keeping track of their own health.
Indian tech companies and startups are putting more and more effort into making IoMT solutions that meet the needs of their own markets. This shows that there is a lot of room for growth in this market. Recent trends show that data security and privacy are becoming more important. This is because there are more connected devices, which makes people worry about protecting patient information.
Additionally, collaborations between technology companies and healthcare providers are becoming more common, allowing for the integration of IoMT solutions into existing healthcare frameworks. These trends point to a shifting landscape in India’s healthcare system, where technology-backed solutions are positioned to enhance patient outcomes and streamline healthcare delivery. Overall, the Indian IoMT market is on a promising trajectory, poised to further evolve with innovations and increased accessibility to healthcare services.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
India Internet Medical Things Market Drivers
Increasing Digital Health Adoption
The rapid digital transformation in India's healthcare sector is driving the growth of the India Internet Medical Things Market. With over 500 million internet users as per the Telecom Regulatory Authority of India, the population's increasing comfort and reliance on digital solutions is accelerating telemedicine and remote monitoring technologies.
Reports indicate that telemedicine consultations soared by over 400% during the COVID-19 pandemic, showcasing the demand for digital health solutions.Major organizations such as Apollo Hospitals and Practo are leading in this space, implementing advanced Internet Medical Things solutions to enhance patient care, streamline operations, and ensure continuous health monitoring, thereby propelling the growth trajectory of the industry.
Rising Chronic Disease Prevalence
The increasing prevalence of chronic diseases in India is a significant driver of the India Internet Medical Things Market. According to the Ministry of Health and Family Welfare, non-communicable diseases account for approximately 61% of all deaths in India, with conditions like diabetes and cardiovascular diseases on the rise.
This alarming trend necessitates continuous monitoring and management solutions, which are enabled through Internet Medical Things technologies.Organizations like Philips and GE Healthcare are investing heavily in this area, providing innovative solutions that assist healthcare providers in tracking and managing chronic conditions effectively, thereby boosting market growth.
Government Initiatives and Support
The Indian government has introduced several initiatives aimed at digital health transformation, acting as a catalyst for the India Internet Medical Things Market. Initiatives such as the National Digital Health Mission aim to create a digital framework to enhance health services across the nation, encouraging the adoption of Internet Medical Things technologies.
The government's commitment to improving healthcare infrastructure is evident, with an allocation of around USD 2 billion for the Ayushman Bharat scheme to enhance access to healthcare services.This strategic investment by the government encourages public and private sector collaboration, fostering innovation and advancement in Internet Medical Things solutions tailored for the Indian market.
Internet Medical Things Market Application Insights
The India Internet Medical Things Market, particularly in the Application segment, is experiencing notable growth driven by technological advancements and increasing healthcare needs. Among the various applications, Remote Patient Monitoring is becoming increasingly significant as it enables healthcare providers to track patient vitals in real-time, facilitating timely interventions and improving patient outcomes. This trend is essential in India's context, where access to healthcare can be challenging in rural areas, allowing patients to receive care without frequent hospital visits.Additionally, Wearable Devices are gaining traction, providing users with health metrics and data that encourage proactive health management.
This growing segment supports preventive care and integrates well with lifestyle applications, making healthcare more accessible and personalized. The advent of Smart Hospitals is transforming the healthcare landscape by enhancing operational efficiency and patient care through advanced digital technologies.
These facilities leverage IoT devices and data analytics to streamline patient flow, reduce wait times, and improve overall service delivery, responding to an increasing demand for better healthcare infrastructure in urban areas.Furthermore, Medication Management is playing a crucial role in minimizing medication errors and ensuring adherence to prescribed regimens. With India’s large population and the prevalence of chronic diseases, effective medication management is crucial for improving health outcomes and reducing healthcare costs.
By addressing these application areas, stakeholders in the India Internet Medical Things Market are creating significant opportunities for innovation and growth, making advancements that align with national health objectives and improving the quality of life for millions.The increasing integration of digital health solutions is also supported by the government's initiatives to digitize healthcare, which further emphasizes the importance of these applications in the evolving healthcare ecosystem.
As the demand for more efficient, technology-driven healthcare solutions rises, the Application segment within the India Internet Medical Things Market continues to pave the way for enhanced health management and delivery systems nationwide, demonstrating its vital role in shaping the future of healthcare in India.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Internet Medical Things Market Component Insights
The Component segment of the India Internet Medical Things Market comprises critical elements such as Sensors, Software, Connectivity Technologies, and Services, which are essential for the functioning and integration of medical devices into healthcare systems. Sensors are the backbone of medical monitoring devices, allowing real-time data collection essential for patient management and diagnosis. Software plays a pivotal role in data analytics, enabling healthcare professionals to make informed decisions based on patient information. Connectivity Technologies ensure seamless communication between devices and healthcare networks, critical for remote patient monitoring and telemedicine applications.
Services associated with Internet Medical Things provide essential support for managing and maintaining these technologies, including cloud storage, cybersecurity, and technical assistance. The rising demand for advanced healthcare solutions in India, bolstered by government initiatives to digitize health records and enhance telehealth services, is driving growth in this segment. As India's healthcare landscape evolves, these components are becoming increasingly significant, indicating a substantial shift towards more integrated and efficient health solutions in the country.
Internet Medical Things Market End Use Insights
The India Internet Medical Things Market is poised for substantial growth as it caters to diverse end-use segments. Healthcare providers are increasingly adopting Internet Medical Things solutions to enhance patient care and streamline operations, resulting in improved health outcomes and efficiency. This segment plays a crucial role in real-time patient monitoring and data management, making it indispensable in today's healthcare environment. Patients are benefiting from wearable health technologies and telemedicine, allowing for better health management and accessibility to medical services.
Pharmaceutical companies are leveraging Internet Medical Things for drug distribution, patient adherence monitoring, and R&D, thereby fostering innovation in drug development and personalized medicine. Research institutions are also a key player, utilizing Internet Medical Things technologies for clinical trials and data collection, which is fundamental for advancing medical science. The growth of these segments is fueled by increasing healthcare demands, technological advancements, and a rising emphasis on patient-centric care. Additionally, government initiatives supporting digital health infrastructure in India further enhance the potential of the India Internet Medical Things Market by opening new avenues for innovation and collaboration among these end users.
Internet Medical Things Market Network Technology Insights
The Network Technology segment within the India Internet Medical Things Market plays a crucial role in enhancing connectivity and communication among medical devices, thus facilitating better healthcare outcomes. Rapid advancements in Wi-Fi technology have enabled seamless data transfer and real-time patient monitoring, making it a vital part of the healthcare ecosystem. Bluetooth technology finds its significance in wearable health devices, offering convenience and extensive user engagement through connected devices. Cellular networks ensure reliable connectivity for portable and remote medical devices, essential for emergency care and telemedicine applications.
Low Power Wide Area Network (LPWAN) technology stands out by supporting long-range communication with minimal power consumption, making it particularly suitable for devices that require consistent monitoring over extended periods, such as chronic disease management tools. Collectively, these technologies contribute significantly to the India Internet Medical Things Market revenue by optimizing operational efficiencies and promoting innovative healthcare solutions, while effectively meeting the growing demand for connected healthcare systems in the country.As a result, the importance of this segment cannot be understated, as it drives market growth and shapes the future of healthcare delivery in India.
India Internet Medical Things Market Key Players and Competitive Insights
The India Internet Medical Things Market is witnessing substantial growth driven by advancements in technology, increasing healthcare demands, and the integration of connected devices in the medical field. As healthcare systems continue to evolve, companies operating within this sector are leveraging Internet of Things (IoT) technologies to enhance patient care, streamline operations, and improve overall healthcare delivery. The competitive landscape is marked by the emergence of numerous players focusing on various medical applications, including remote monitoring, diagnostics, and real-time data analytics.
Innovations in this market pave the way for improved patient outcomes, increased accessibility to healthcare, and a reduction in operational costs, positioning it as an attractive area for investment and growth.Niramai stands as a strong contender in the India Internet Medical Things Market, focusing primarily on breast cancer screening. Its innovative thermal imaging technology offers a non-invasive, radiation-free alternative to traditional methods, making it particularly appealing in the Indian healthcare context.
Niramai's strengths lie in its unique approach to early cancer detection, which utilizes artificial intelligence to analyze the thermal images effectively. This technology not only enables early diagnosis but also ensures greater accessibility and affordability for patients. With its comprehensive solution integrating technology and healthcare best practices, Niramai has positioned itself as a pioneer in promoting early health interventions and better outcomes for women in India, expanding its market presence significantly across urban and rural healthcare facilities.
CureMetrix, another significant player in the India Internet Medical Things Market, specializes in AI-driven solutions for mammography interpretation. The company focuses on enhancing the accuracy and efficiency of breast cancer screenings through its advanced algorithms, which assist radiologists in diagnosing breast abnormalities. CureMetrix has rapidly established a strong market presence in India, emphasizing partnerships with hospitals and diagnostic centers to integrate its technology into existing workflows.
The primary strength of CureMetrix in this market lies in its commitment to augmenting radiologists' capabilities, which not only improves detection rates but also reduces false positives. Additionally, the company has actively sought mergers and acquisitions to strengthen its position and expand its technological arsenal, further solidifying its footprint within the Indian healthcare ecosystem. With a focus on continuous innovation and partnerships, CureMetrix is well-positioned to contribute significantly to the growing Internet Medical Things landscape in India.
Key Companies in the India Internet Medical Things Market Include
India Internet Medical Things Market Developments
The India Internet Medical Things (IMT) Market has been witnessing significant developments recently. Niramai is enhancing its AI-based early breast cancer screening solutions with improved analytics capabilities. CureMetrix has announced advancements in AI algorithms aimed at improving mammography readings.
Companies like Healthi and AarogyaAI are focusing on Telemedicine solutions, enhancing patient access to healthcare services. In terms of mergers, Philips Healthcare acquired a stake in SigTuple in May 2023, enhancing its diagnostic capabilities. Medtronic and GE Healthcare are also expanding their IoT solutions in the Indian market to integrate wearable health technologies.
Furthermore, Reliance Jio is investing heavily in digital health solutions, aiming to enhance connectivity in rural healthcare. Recent notable market growth has seen the IMT market valuation increase significantly, driven by the rising demand for health monitoring solutions and the increasing adoption of telehealth services, forecasted to reach over USD 12 billion by 2025. The Indian government's push for digital health initiatives and favorable policies isfurther propelling the growth of this sector, creating robust opportunities for investments and technological innovations.
India Internet Medical Things Market Segmentation Insights
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 5.53(USD Billion) |
| MARKET SIZE 2024 | 6.11(USD Billion) |
| MARKET SIZE 2035 | 20.88(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 11.82% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Niramai, CureMetrix, healthi, Qure.ai, Philips Healthcare, AarogyaAI, SigTuple, Siemens Healthineers, Zenatix, Medtronic, GE Healthcare, Reliance Jio |
| SEGMENTS COVERED | Application, Component, End Use, Network Technology |
| KEY MARKET OPPORTUNITIES | Remote patient monitoring expansion, Telehealth service integration, Enhanced data analytics adoption, Wearable health device growth, Regulatory support for innovation |
| KEY MARKET DYNAMICS | Growing telemedicine adoption, Increasing healthcare data management, Government support for digital health, Rise in chronic diseases, Advancements in wearable technology |
| COUNTRIES COVERED | India |
Frequently Asked Questions (FAQ) :
The India Internet Medical Things Market is expected to be valued at 6.11 billion USD in 2024.
By 2035, the market is forecasted to be valued at 20.88 billion USD.
The market is expected to grow at a CAGR of 11.82% from 2025 to 2035.
The Medication Management application is projected to reach 6.06 billion USD by 2035.
Remote Patient Monitoring is valued at 1.22 billion USD in 2024 and is expected to grow to 4.24 billion USD by 2035.
Major players include Niramai, CureMetrix, Philips Healthcare, Medtronic, and Siemens Healthineers among others.
The Wearable Devices application is anticipated to reach 4.83 billion USD by the year 2035.
The Smart Hospitals segment is expected to be valued at 1.68 billion USD in 2024.
Key growth drivers include increasing demand for remote patient monitoring and advancements in wearable technologies.
Challenges may include regulatory hurdles and the need for enhanced data security measures.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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