# India Internet of Things in Healthcare Market

> India Internet of Things in Healthcare Market Research Report By Application (Patient Monitoring, Medication Management, Telemedicine, Clinical Operations, Asset Management), By Component (Devices, Software, Services), By End Use (Hospitals, Diagnostics Centers, Home Care) and By Technology (Wearable Technology, Remote Patient Monitoring, Smart Medical Devices) - Growth & Industry Forecast 2025 To 2035

- **Forecast Period:** 2025 - 2035
- **CAGR:** 11.4%
- **2024:** $ 2,913.6 Million
- **2025:** $ 3,245.75 Million
- **2035:** $ 9,551.6 Million
- **Key Players:** Philips (NL), GE Healthcare (US), Siemens Healthineers (DE), Medtronic (US), IBM (US), Cisco Systems (US), Honeywell (US), Oracle (US), Samsung (KR)

**Report ID:** MRFR/HC/49833-HCR · **Pages:** 200 · **Author:** Rahul Gotadki · **Last Updated:** February 06, 2026

**URL:** https://www.marketresearchfuture.com/reports/india-internet-of-things-in-healthcare-market-51591

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## Market Summary

## **India Internet of Things in Healthcare Market Overview**

As per MRFR analysis, the India Internet of Things in Healthcare Market Size was estimated at 2.71 (USD Billion) in 2023. The India Internet of Things in Healthcare Market Industry is expected to grow from 3.6(USD Billion) in 2024 to 12 (USD Billion) by 2035. The India Internet of Things in Healthcare Market CAGR (growth rate) is expected to be around 11.567% during the forecast period (2025 - 2035).

### **Key India Internet of Things in Healthcare Market Trends Highlighted**

The India Internet of Things in Healthcare Market is experiencing substantial growth, with a variety of key market drivers influencing its landscape. The demand for connected healthcare solutions is being driven by the growing popularity of mobile health applications and smart devices, which can improve patient engagement and monitoring. The Indian government is also promoting the incorporation of IoT in healthcare systems through initiatives such as the National Digital Health Blueprint and digital health missions, which are enhancing access to medical services, particularly in rural areas..

Additionally, the increasing emphasis on telemedicine has expedited the adoption of remote patient monitoring technologies, thereby improving the accessibility and efficiency of healthcare services. 

The development of affordable IoT devices that are specifically designed for a variety of healthcare applications, including chronic disease management and geriatric care, is an opportunity to be investigated in this market. Given the substantial burden of lifestyle-related diseases that India is currently experiencing, there is an opportunity for companies to develop cost-effective health monitoring solutions that can be utilized at home. Service delivery can be further improved, and a robust ecosystem can be established to support IoT applications in healthcare through collaborations between tech firms and institutions.

Recent trends suggest a transition to data-driven decision-making in the healthcare sector, as IoT devices generate valuable health data that can enhance treatment outcomes.

The integration of artificial intelligence with IoT technology is also a noteworthy trend, as it improves predictive analytics and personalized medicine approaches. The pandemic has underscored the significance of IoT in guaranteeing the continuous deliverance of healthcare, increasing investments and pilot projects that concentrate on health applications. In general, the IoT in healthcare market is on the brink of significant transformations that could improve patient care and operational efficiencies throughout the healthcare sector as India continues to adopt technological innovations.

Source: Primary Research, Secondary Research, _Market Research Future_ Database**,****and Analyst Review**

## **India Internet of Things in Healthcare Market Drivers**

Increasing Adoption of Wearable Health Devices

The rise of wearable health devices in India is driving the growth of the India Internet of Things in Healthcare Market Industry. A recent report indicates that the wearable device market is projected to grow at a Compound Annual Growth Rate of 25% by 2025, with millions of units expected to be sold. Companies like Philips and Siemens Healthineers have already launched innovative wearable technologies.

With the Indian government promoting digital health initiatives, this surge is likely to enhance remote patient monitoring and virtual care solutions, allowing healthcare providers to offer more personalized services.Furthermore, with approximately 71 million diabetes patients in India as of 2020, the demand for continuous glucose monitoring devices is on the rise. This indicates a greater need for health-centric IoT solutions, making this driver extremely prominent.

Government Initiatives and Policies

The Indian government has introduced several initiatives aimed at improving healthcare access and efficiency, directly supporting the India Internet of Things in Healthcare Market Industry. Programs like the National Digital Health Mission aim to create a seamless online platform for all healthcare services. According to government statistics, this initiative alone aims to provide healthcare services to over 1.3 billion citizens, emphasizing the integration of technology in healthcare.Organizations like the National Health Authority of India have been actively working on implementing these changes, enabling smoother healthcare delivery.

Enhanced connectivity through 5G networks is also expected to drive further innovation in IoT applications, as better internet speeds would facilitate real-time data transmission from healthcare devices, thus amplifying the market potential.

Rising Incidence of Chronic Diseases

The increasing prevalence of chronic diseases such as diabetes, cardiovascular issues, and respiratory diseases in India is a significant driver for the growth of the India Internet of Things in Healthcare Market Industry. The World Health Organization reported that chronic diseases contribute to approximately 60% of all deaths in India, and this statistic is expected to rise. Leading healthcare organizations are focusing on preventative care facilitated by IoT technology.For example, GE Healthcare India is investing in digital solutions that can monitor patients' health conditions in real time.

This acute need for effective management of chronic diseases boosts the demand for IoT-based healthcare solutions, as they allow continuous monitoring and timely intervention, significantly impacting patient outcomes.

## **India Internet of Things in Healthcare Market Segment Insights**

### **Internet of Things in Healthcare Market Application Insights**

The India Internet of Things in Healthcare Market, with a keen focus on the Application segment, illustrates significant opportunities and advancements across the healthcare landscape. The increasing penetration of smartphones and the rise of digital health technologies create a conducive environment for numerous applications that improve patient outcomes and streamline healthcare operations. Notably, Patient Monitoring has emerged as a crucial application, allowing healthcare providers to keep track of patients' vital signs in real-time, facilitating timely interventions and personalized care strategies that enhance patient satisfaction and safety.

Medication Management is also a vital area, aiding patients in adhering to prescribed treatments and reducing medication errors, which is essential in combating the growing issue of chronic illnesses in India. Telemedicine has gained substantial traction, especially in rural settings, bridging the gap between patients and healthcare providers through remote consultations, which significantly enhances accessibility to quality medical services in the country. Moreover, Clinical Operations benefit from IoT applications as they facilitate efficient workflows, improve resource allocation, and optimize operational performance in hospitals and clinics.

Asset Management, another critical component, enables better tracking and monitoring of medical equipment, ensuring the availability and functionality of essential tools in healthcare settings while reducing losses and operating costs. Overall, the Application segment of the India Internet of Things in Healthcare Market not only highlights the robust potential for technological integration in the healthcare sector but also underscores India's commitment to improving its healthcare delivery systems using innovative solutions that cater to the needs of its diverse population.

The challenges posed by the pandemic have further accelerated the adoption of such IoT applications, as stakeholders increasingly recognize the importance of technology-driven solutions in ensuring efficiency and effectiveness in healthcare delivery. Consequently, this segment is poised for robust growth, propelled by trends such as increasing investments from both government bodies and private entities aimed at enhancing healthcare infrastructure and service quality through IoT technologies. As Indian healthcare evolves, these applications will play a pivotal role in shaping the future of patient care and operational excellence in the industry.

Source: Primary Research, Secondary Research, _Market Research Future_ Database**,****and Analyst Review**

### **Internet of Things in Healthcare Market Component Insights**

The Component segment of the India Internet of Things in Healthcare Market encompasses Devices, Software, and Services, each playing a pivotal role in transforming healthcare delivery. Devices, including wearables and remote monitoring tools, have significantly enhanced patient engagement and health management, ensuring timely interventions and data collection. Software solutions enhance the efficacy of these devices, providing analytics and data visualization that empower healthcare professionals to make informed decisions and improve patient outcomes.

Services, ranging from system integration to data management, establish a robust infrastructure that supports the seamless operation of devices and software. The growing adoption of telemedicine and connected health technologies is driving demand in this segment, highlighting the importance of interoperability and security across all components. Furthermore, as India's healthcare system continues to digitize, the reliance on these components will likely deepen, ensuring efficient health management amidst challenges such as resource constraints and rising healthcare costs.

The advancements in artificial intelligence and machine learning are also propelling innovation within this sphere, presenting opportunities for enhanced predictive analytics and personalized medicine. Overall, the Component segment stands as a cornerstone of the evolving landscape of healthcare in India, underscoring the vital role of technology in improving patient care and operational efficiency.

### **Internet of Things in Healthcare Market End Use Insights**

The India Internet of Things in Healthcare Market, particularly in the end-use segment, showcases a diverse landscape that includes hospitals, diagnostics centers, and home care services. Hospitals are increasingly adopting IoT solutions to enhance patient monitoring, streamline operational efficiencies, and improve overall healthcare delivery, reflecting the growing demand for smart healthcare services in urban centers.

Diagnostics centers leverage IoT technologies to facilitate timely and accurate testing, which is essential for effective disease management and treatment plans.Meanwhile, the home care segment is emerging as a vital component of the healthcare system, aligning with India's focus on providing quality care to an aging population and individuals with chronic illnesses. 

This shift towards home-based care is crucial as it helps reduce hospital readmission rates and provides patients with the comfort of receiving care in familiar surroundings. As the need for advanced healthcare solutions continues to rise, the segmentation within the India Internet of Things in Healthcare Market is expected to evolve, with each area playing a significant role in enhancing the overall efficiency and effectiveness of the healthcare sector.Factors such as increasing government support, a growing mobile health application market, and rising consumer awareness are driving this market forward.

In contrast, challenges such as data privacy concerns and interoperability issues need to be addressed to realize its potential fully.

### **Internet of Things in Healthcare Market Technology Insights**

The Technology segment of the India Internet of Things in Healthcare Market is vital for enhancing patient care and streamlining healthcare operations. Wearable Technology, which encompasses devices such as fitness trackers and health monitoring wearables, has gained traction among consumers and healthcare providers due to its ability to provide real-time health data, encouraging proactive health management. Remote Patient Monitoring solutions facilitate continuous patient evaluation outside traditional clinical settings, significantly aiding in managing chronic diseases and reducing hospital readmissions.

Smart Medical Devices, which integrate IoT capabilities, improve clinical workflows and enhance patient safety by allowing real-time monitoring and automated data collection. Together, these technologies underscore the market's transformative potential, driving improved outcomes and operational efficiencies. Given the growing focus on telemedicine, these solutions seek to address challenges associated with limited healthcare accessibility and the need for advanced monitoring solutions, representing dynamic growth opportunities in this evolving landscape.The increasing adoption of smart technology by healthcare providers in India reflects a shift towards data-driven decision-making, showcasing the critical role of Technology in the advancement of the healthcare sector.

## **India Internet of Things in Healthcare Market Key Players and Competitive Insights**

The competitive landscape of the India Internet of Things in Healthcare Market is characterized by rapid technological advancements and a surge in demand for smart healthcare solutions driven by an increasing population and rising health awareness. As healthcare providers seek to leverage IoT technology for better patient management, remote monitoring, and improved operational efficiency, a variety of players are entering the market, enhancing their product offerings, and adopting innovative strategies to capture market share.

This environment has facilitated collaboration across diverse stakeholders, including healthcare providers, technology suppliers, and research institutions, leading to a more interconnected ecosystem that fosters innovation and drives growth in the IoT healthcare sector.

Philips Healthcare has established a strong presence in the India Internet of Things in Healthcare Market through its commitment to developing integrated solutions that enhance the quality of care. The company's strength lies in its extensive product portfolio, which includes advanced monitoring systems, connected imaging solutions, and cloud-based health platforms that facilitate real-time data sharing and analysis. Philips Healthcare has also focused on building strategic partnerships with local hospitals and healthcare providers to effectively implement its IoT solutions, thereby improving patient outcomes and operational efficiencies. 

These initiatives not only strengthen its market position but also demonstrate its adaptability and responsiveness to the specific needs of the Indian healthcare landscape.HCL Technologies is another key player in the India Internet of Things in Healthcare Market, offering a broad array of IoT solutions designed to optimize healthcare delivery and operational processes. The company’s strengths are highlighted by its deep expertise in digital transformation, which enables healthcare providers to harness IoT technology for improved patient engagement and operational efficiency. 

HCL Technologies has a strong market presence bolstered by strategic mergers and acquisitions aimed at enhancing its capabilities in healthcare technology. Its key products and services include smart healthcare analytics, remote patient monitoring solutions, and application integration services that leverage IoT data. By continually innovating and collaborating with healthcare organizations, HCL Technologies is well-positioned to meet the growing demands of the IoT healthcare landscape in India, ensuring its commitment to delivering impactful solutions that drive improved healthcare outcomes.

**Key Companies in the India Internet of Things in Healthcare Market Include**

**India Internet of Things in Healthcare Market Industry Developments**

The India Internet of Things in Healthcare Market has seen significant expansion and innovation recently. Companies such as Philips Healthcare and Siemens Healthcare have been increasingly investing in IoT solutions to enhance patient monitoring and diagnosis capabilities. HCL Technologies and Tata Consultancy Services are actively developing advanced data analytics and AI-driven applications for better healthcare management. Notably, in October 2023, Reliance Industries launched a healthcare IoT platform aimed at improving medical services and enabling remote patient monitoring. 

Mergers and acquisitions are shaping the landscape, with Honeywell acquiring a stake in a promising healthcare IoT startup in July 2023 to broaden its healthcare solutions. In recent developments, IBM announced a new partnership with GE Healthcare in August 2023 for predictive analytics in medical imaging. The market is expected to reach significant growth, influenced by an increasing demand for digital healthcare solutions fueled by the COVID-19 pandemic and a shift towards telemedicine. Current initiatives by CureMetrix, focused on AI in mammography, are also pushing the envelope on IoT applications in healthcare.

Overall, the synergy between technology and healthcare in India is on a robust trajectory, driven by innovation and market demand dynamics.

## **India Internet of Things in Healthcare Market Segmentation Insights**

### **Internet of Things in Healthcare Market Application****Outlook**

### **Internet of Things in Healthcare Market Component****Outlook**

### **Internet of Things in Healthcare Market End Use****Outlook**

### **Internet of Things in Healthcare Market Technology****Outlook**

## Market Drivers

### Government Initiatives and Support

The Indian government is actively promoting the adoption of technology in healthcare, which significantly impacts the internet of-things-in-healthcare market. Initiatives such as the National Digital Health Mission aim to create a digital health ecosystem that integrates various healthcare services. The government has allocated approximately $1.5 billion for digital health initiatives, which includes funding for IoT-based healthcare solutions. This support not only encourages innovation but also fosters collaboration between public and private sectors. As a result, healthcare providers are increasingly investing in IoT technologies to enhance service delivery and operational efficiency. The government's commitment to improving healthcare infrastructure and accessibility is expected to drive the growth of the internet of-things-in-healthcare market, potentially leading to a 30% increase in IoT adoption among healthcare facilities by 2027.

### Growing Focus on Preventive Healthcare

The internet of-things-in-healthcare market is witnessing a growing focus on preventive healthcare in India. This shift is largely influenced by the rising awareness of health and wellness among the population. Preventive healthcare emphasizes early detection and management of health issues, which aligns well with the capabilities of IoT technologies. By utilizing IoT devices, healthcare providers can monitor patients' health metrics continuously, enabling timely interventions and reducing the risk of severe health complications. The preventive healthcare market in India is projected to grow at a CAGR of 18% over the next five years, driven by increasing health consciousness and the adoption of technology. This trend is likely to enhance the demand for IoT solutions, as they provide the necessary tools for effective preventive care, thereby transforming the healthcare landscape.

### Technological Advancements in IoT Devices

Technological advancements in IoT devices are playing a crucial role in shaping the internet of-things-in-healthcare market in India. The development of more sophisticated, cost-effective, and user-friendly devices is making IoT solutions more accessible to healthcare providers. Innovations such as wearable health monitors, smart sensors, and connected medical devices are enhancing patient care and operational efficiency. For instance, the market for wearable health devices is expected to grow at a CAGR of 20% over the next five years, driven by increasing consumer awareness and demand for health tracking. These advancements not only improve patient outcomes but also streamline healthcare processes, making it easier for providers to manage patient data and deliver personalized care. As technology continues to evolve, the potential for IoT in healthcare appears to be expanding, indicating a robust future for the market.

### Rising Demand for Remote Healthcare Solutions

The internet of-things-in-healthcare market in India is experiencing a notable surge in demand for remote healthcare solutions. This trend is driven by the increasing prevalence of chronic diseases and the need for continuous patient monitoring. According to recent estimates, the chronic disease burden in India is projected to reach 75 million by 2030, necessitating innovative healthcare delivery methods. IoT devices facilitate remote monitoring, allowing healthcare providers to track patient health in real-time, thus improving outcomes and reducing hospital visits. The convenience of remote consultations and monitoring is appealing to both patients and healthcare providers, leading to a projected growth rate of 25% in the adoption of IoT solutions in healthcare by 2026. This shift towards remote healthcare is likely to redefine patient engagement and care delivery in the coming years.

### Integration of Artificial Intelligence with IoT

The integration of artificial intelligence (AI) with IoT technologies is emerging as a transformative driver for the internet of-things-in-healthcare market in India. AI enhances the capabilities of IoT devices by enabling advanced data analytics, predictive modeling, and personalized healthcare solutions. This integration allows healthcare providers to derive actionable insights from vast amounts of patient data collected through IoT devices. For instance, AI algorithms can analyze patient health trends and predict potential health risks, facilitating proactive care. The market for AI in healthcare is expected to grow significantly, with estimates suggesting a CAGR of 30% over the next five years. This synergy between AI and IoT is likely to revolutionize patient care, improve operational efficiencies, and foster innovation in healthcare delivery, thereby propelling the growth of the internet of-things-in-healthcare market.

## Future Outlook

The [Internet of Things in Healthcare Market](https://www.marketresearchfuture.com/reports/internet-of-things-in-healthcare-market-10671) is projected to grow at 11.4% CAGR from 2025 to 2035, driven by technological advancements, increased healthcare spending, and rising demand for remote patient monitoring.

**New opportunities:**

- Development of AI-driven predictive analytics tools for patient management.
- Integration of IoT devices with telehealth platforms for enhanced patient engagement.
- Creation of customized wearable health monitoring solutions for chronic disease management.

By 2035, the market is expected to achieve substantial growth, driven by innovation and increased adoption of IoT technologies.

## Segment Insights

### By Application: Patient Monitoring (Largest) vs. Telemedicine (Fastest-Growing)

The application segment in the India internet of-things-in-healthcare market reflects a diverse distribution of market share among its components. Patient Monitoring has emerged as the largest segment, driven by a rising demand for continuous health tracking and real-time data access. Medication Management and Clinical Operations contribute significantly, focusing on enhancing workflow efficiency and medication adherence. Meanwhile, Asset Management plays a crucial role in optimizing resource allocation and reducing operational costs, resulting in a well-rounded application landscape.

Growth trends in this segment are largely fueled by advancements in technology, increased smartphone penetration, and the proliferation of health-related IoT devices. Telemedicine stands out as the fastest-growing segment as it offers convenience and accessibility, especially in remote areas. Furthermore, the COVID-19 pandemic has accelerated the adoption of remote care solutions, leading to a surge in demand for telemedicine applications, which integrate seamlessly with existing healthcare infrastructure, ensuring better patient outcomes.

Patient Monitoring (Dominant) vs. Telemedicine (Emerging)

Patient Monitoring represents the dominant force in the India internet of-things-in-healthcare market, leveraging technologies like wearable devices and remote monitoring systems to provide continuous health tracking. This segment caters to both chronic and acute conditions, allowing for timely intervention and individualized care plans. In contrast, Telemedicine is an emerging segment that offers a convenient platform for virtual consultations, expanding access to healthcare services, especially in underserved regions. The growing acceptance of digital health solutions, combined with healthcare providers improving their service delivery models, signifies a shift toward telemedicine as an essential component of modern healthcare, poised for significant growth in the coming years.

### By Component: Devices (Largest) vs. Software (Fastest-Growing)

In the India internet of-things-in-healthcare market, the distribution of market share among the component segment values reveals that Devices capture the largest portion, reflecting their integral role in delivering healthcare solutions. This dominance is attributed to the widespread adoption of smart medical devices, which enhance patient monitoring and care. Software follows closely but is rapidly gaining traction due to increasing demand for digital health solutions, particularly in data management and analytics.

The growth trends in this segment show a notable shift towards Software, identified as the fastest-growing area. This acceleration is driven by the rise in telemedicine and cloud-based solutions, which are empowering healthcare providers. Additionally, the integration of AI and machine learning in Software applications is further enhancing their appeal, making them crucial for improving healthcare outcomes and operational efficiency.

Devices: Dominant vs. Software: Emerging

Devices in the India internet of-things-in-healthcare market are characterized by their wide-ranging applications, including wearables, implantable devices, and remote monitoring tools. Their dominant position is fueled by a strong focus on enhancing patient engagement and lowering the cost of healthcare through innovative technology. Conversely, Software is emerging as a critical component, driven by the increasing demand for sophisticated data analytics, real-time monitoring, and telehealth solutions. The ability to harness big data and deliver actionable insights places Software in a pivotal role in shaping the future of healthcare. Together, these segments complement each other, with Devices providing the necessary data and Software enabling effective interpretation and management.

### By End-Use: Hospitals (Largest) vs. Home Care (Fastest-Growing)

In the India internet of-things-in-healthcare market, hospitals hold the largest share, reflecting their critical role in healthcare delivery and the integration of IoT technologies for efficient patient management. Diagnostics centers follow closely, serving essential functions in disease detection and monitoring, while home care is rapidly gaining traction, driven by the shift towards at-home healthcare solutions.

Growth trends indicate that the home care segment is the fastest-growing, fueled by an increasing aging population and enhanced focus on personalized care outside traditional settings. The rise in chronic illnesses further propels the demand for connected health solutions at home, signifying a transformative trend that prioritizes accessibility and patient convenience.

Hospitals (Dominant) vs. Home Care (Emerging)

Hospitals represent the dominant force in the India internet of-things-in-healthcare market, leveraging advanced IoT applications for streamlined operations, improved patient outcomes, and enhanced data management capabilities. The integration of real-time monitoring tools and smart devices has positioned hospitals as leaders in adopting IoT solutions. In contrast, the home care segment is emerging as a vital player, driven by innovations in remote monitoring, telehealth services, and wearable devices that facilitate independent living. The combination of convenience, cost-effectiveness, and technological advancements fosters a dynamic shift towards home care, appealing to patients seeking alternatives to conventional hospital visits.

### By Technology: Wearable Technology (Largest) vs. Remote Patient Monitoring (Fastest-Growing)

In the India internet of-things-in-healthcare market, wearable technology holds the largest market share, driven by increasing consumer adoption of fitness trackers and health monitoring devices. Remote patient monitoring is rapidly gaining traction, particularly due to its appeal among patients requiring ongoing health assessments without frequent hospital visits. This suggests a dynamic landscape where consumer preferences are shifting towards technologically advanced solutions.

The growth trends in this segment are primarily fueled by advancements in technology and increasing investments in digital healthcare solutions. With a focus on patient-centric approaches, companies are leveraging IoT to enhance remote monitoring capabilities. This trend is further accelerated by the growing awareness of chronic disease management and the need for preventive care, encouraging the integration of smart medical devices into everyday healthcare routines.

Wearable Technology: Dominant vs. Remote Patient Monitoring: Emerging

Wearable technology is currently the dominant force in the India internet of-things-in-healthcare market, characterized by an extensive range of products, including fitness trackers and smartwatches, which enable users to monitor their health metrics in real-time. The convenience of these devices and their integration with mobile applications enhances user engagement and adherence to health plans. In contrast, remote patient monitoring is emerging as a critical innovation, providing healthcare professionals with continuous data on patients' health conditions, which is crucial for early intervention and personalized care strategies. Both segments cater to the increasing demand for proactive health management among consumers, indicating a substantial shift towards technology-driven healthcare solutions.

## Competitive Benchmarking

The internet of-things-in-healthcare market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for efficient healthcare solutions. Major players such as Philips (NL), GE Healthcare (US), and Medtronic (US) are strategically positioning themselves through innovation and partnerships. Philips (NL) focuses on enhancing patient outcomes via connected health solutions, while GE Healthcare (US) emphasizes the integration of AI and IoT to streamline operations. Medtronic (US) is leveraging its expertise in medical devices to expand its IoT capabilities, thereby shaping a competitive environment that prioritizes technological integration and patient-centric solutions.
Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to regional demands. The competitive structure appears moderately fragmented, with several key players exerting influence through strategic collaborations and technological advancements. This fragmentation allows for a diverse range of solutions, catering to various healthcare needs while fostering innovation across the sector.
In October 2025, Philips (NL) announced a partnership with a leading Indian telehealth provider to enhance remote patient monitoring capabilities. This strategic move is likely to bolster Philips' presence in the Indian market, aligning with the growing trend of telehealth services. By integrating IoT technologies with telehealth, Philips aims to improve patient engagement and health outcomes, thereby reinforcing its competitive edge.
In September 2025, GE Healthcare (US) launched a new AI-driven analytics platform designed to optimize hospital operations and patient care. This initiative underscores GE's commitment to digital transformation, as it seeks to provide healthcare providers with actionable insights derived from IoT data. The platform's introduction is expected to enhance operational efficiency and patient safety, positioning GE as a leader in the integration of AI and IoT in healthcare.
In August 2025, Medtronic (US) expanded its IoT-enabled device portfolio by introducing a new remote monitoring system for chronic disease management. This expansion reflects Medtronic's strategy to leverage its existing device technology to create comprehensive solutions that address the needs of patients with chronic conditions. By enhancing its IoT capabilities, Medtronic is likely to strengthen its market position and improve patient outcomes through proactive health management.
As of November 2025, current competitive trends are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and enhancing service delivery. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This transition may lead to a more resilient and responsive healthcare ecosystem, ultimately benefiting patients and providers alike.

## Recent News & Developments

The India Internet of Things in Healthcare Market has seen significant expansion and innovation recently. Companies such as Philips Healthcare and Siemens Healthcare have been increasingly investing in IoT solutions to enhance patient monitoring and diagnosis capabilities. HCL Technologies and Tata Consultancy Services are actively developing advanced data analytics and AI-driven applications for better healthcare management. Notably, in October 2023, Reliance Industries launched a healthcare IoT platform aimed at improving medical services and enabling remote patient monitoring. 

Mergers and acquisitions are shaping the landscape, with Honeywell acquiring a stake in a promising healthcare IoT startup in July 2023 to broaden its healthcare solutions. In recent developments, IBM announced a new partnership with GE Healthcare in August 2023 for predictive analytics in medical imaging. The market is expected to reach significant growth, influenced by an increasing demand for digital healthcare solutions fueled by the COVID-19 pandemic and a shift towards telemedicine. Current initiatives by CureMetrix, focused on AI in mammography, are also pushing the envelope on IoT applications in healthcare.

Overall, the synergy between technology and healthcare in India is on a robust trajectory, driven by innovation and market demand dynamics.

## Report Scope

| MARKET SIZE 2024 | 2913.6(USD Million) |
| --- | --- |
| MARKET SIZE 2025 | 3245.75(USD Million) |
| MARKET SIZE 2035 | 9551.6(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 11.4% (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 Million |
| Key Companies Profiled | Philips (NL), GE Healthcare (US), Siemens Healthineers (DE), Medtronic (US), IBM (US), Cisco Systems (US), Honeywell (US), Oracle (US), Samsung (KR) |
| Segments Covered | Application, Component, End-Use, Technology |
| Key Market Opportunities | Integration of advanced wearable devices enhances patient monitoring and personalized healthcare solutions. |
| Key Market Dynamics | Rising adoption of connected devices enhances patient monitoring and data management in the healthcare sector. |
| Countries Covered | India |

## Frequently Asked Questions

**Q: What is the current valuation of the India internet of-things-in-healthcare market?**
A: The market valuation was $2913.6 Million in 2024.

**Q: What is the projected market size for the India internet of-things-in-healthcare market by 2035?**
A: The market is projected to reach $9551.6 Million by 2035.

**Q: What is the expected CAGR for the India internet of-things-in-healthcare market during the forecast period 2025 - 2035?**
A: The expected CAGR is 11.4% during the forecast period.

**Q: Which application segment has the highest valuation in the India internet of-things-in-healthcare market?**
A: The Patient Monitoring segment had a valuation of $800 Million in 2024 and is projected to reach $2800 Million.

**Q: What are the key components driving the India internet of-things-in-healthcare market?**
A: Key components include Devices, Software, and Services, with Services valued at $1113.6 Million in 2024.

**Q: Which end-use segment is expected to grow the most in the India internet of-things-in-healthcare market?**
A: The Hospitals segment had a valuation of $1200 Million in 2024 and is projected to reach $4000 Million.

**Q: What technology segment shows the highest growth potential in the India internet of-things-in-healthcare market?**
A: Smart Medical Devices, valued at $1213.6 Million in 2024, are expected to grow significantly.

**Q: Who are the leading players in the India internet of-things-in-healthcare market?**
A: Key players include Philips, GE Healthcare, Siemens Healthineers, and Medtronic.

**Q: What is the valuation of the Telemedicine segment in the India internet of-things-in-healthcare market?**
A: The Telemedicine segment was valued at $700 Million in 2024 and is projected to reach $2500 Million.

**Q: How does the India internet of-things-in-healthcare market compare to other regions?**
A: While specific regional comparisons are not provided, the growth trajectory suggests a robust development in India.


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