Healthcare M2M Market: By Component ( M2M Modules, Connectivity Services, M2M Platforms), By Application (Remote Health Monitoring, Clinical Monitoring, Fitness & Wellness, Smart Pill Dispenser, Telemedicine Others) and Geography  

Purchase Option

$ 4400
$ 6600
$ 8900

Healthcare m2m market size was valued 21.08 billion in 2022 and expected to reach USD 30.26 billion by 2029, at a CAGR of 4.9% from 2023-2029. Machine-to-machine (M2M) communication is the communication or exchange of data between two machines without human interfacing. This usually includes serial connection, power line connection (PLC), or wireless communications in the industrial Internet of Things (IoT). The emergence of wireless has made M2M communication much easier and enabled more applications to be connected.

Healthcare M2m Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.9%

Largest Market

Asia-Pacific

Fastest Growing Market

North-America
Healthcare M2M Market Dynamics

Growing advancements in the technology are the key factor attributing the growth of the healthcare M2M market. Increasing number of the patients in need of assisted living and rising demand for the wearable devices that allows consumers to track their fitness levels is anticipated to fuel the healthcare M2M market. It allows to bring down the administrative cost which is enhancing the growth of the healthcare M2M market. M2M plays a vital role in reducing the risk related to treatment and diagnoses, which is likely to drive the growth of the healthcare M2M market. However, the lack of standardized protocols in connectivity network security and in privacy is hindering the growth of the healthcare M2M market.

Healthcare M2m Market Segmentation

By Technology
  • M2M Modules (Cellular & Satellite)
  • Connectivity Services
  • M2M Applications and Platforms
By Application
  • Patient Well-Being
  • Medical Facilities
  • Sports and Fitness
  • Others (Implants and Research & Education)
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The healthcare m2m market size was valued at USD 21.08 billion in 2022.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Key Features of the Reports

  • The healthcare M2M market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
1. Executive Summary
2. Global Healthcare M2M Market Introduction
2.1. Global Healthcare M2M Market - Taxonomy
2.2. Global Healthcare M2M Market -Definitions
2.2.1. Component
2.2.2. Application
3. Global Healthcare M2M Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Healthcare M2M Market Dynamic Factors - Impact Analysis
3.6. Global Healthcare M2M Market - Competition Landscape
4. Global Healthcare M2M Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Healthcare M2M Market, By Component, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1. M2M Modules
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Connectivity Services
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. M2M Platforms
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Healthcare M2M Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
6.1. Remote Health Monitoring
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Clinical Monitoring
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Fitness & Wellness
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Smart Pill Dispenser
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Telemedicine
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Healthcare M2M Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Healthcare M2M Market - Opportunity Analysis Index, By Component, Application, and Region, 2023 - 2029
8. North America Healthcare M2M Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1. By Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. M2M Modules
8.1.2. Connectivity Services
8.1.3. M2M Platforms
8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Remote Health Monitoring
8.2.2. Clinical Monitoring
8.2.3. Fitness & Wellness
8.2.4. Smart Pill Dispenser
8.2.5. Telemedicine
8.2.6. Others
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Healthcare M2M Market - Opportunity Analysis Index, By Component, Application, and Country, 2023 - 2029
8.5. North America Healthcare M2M Market Dynamics - Trends
9. Europe Healthcare M2M Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
9.1. By Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. M2M Modules
9.1.2. Connectivity Services
9.1.3. M2M Platforms
9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Remote Health Monitoring
9.2.2. Clinical Monitoring
9.2.3. Fitness & Wellness
9.2.4. Smart Pill Dispenser
9.2.5. Telemedicine
9.2.6. Others
9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Healthcare M2M Market - Opportunity Analysis Index, By Component, Application, and Country, 2023 - 2029
9.5. Europe Healthcare M2M Market Dynamics - Trends
10. Asia-Pacific Healthcare M2M Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
10.1. By Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. M2M Modules
10.1.2. Connectivity Services
10.1.3. M2M Platforms
10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Remote Health Monitoring
10.2.2. Clinical Monitoring
10.2.3. Fitness & Wellness
10.2.4. Smart Pill Dispenser
10.2.5. Telemedicine
10.2.6. Others
10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Healthcare M2M Market - Opportunity Analysis Index, By Component, Application, and Country, 2023 - 2029
10.5. Asia-Pacific Healthcare M2M Market Dynamics - Trends
11. Latin America Healthcare M2M Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
11.1. By Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. M2M Modules
11.1.2. Connectivity Services
11.1.3. M2M Platforms
11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Remote Health Monitoring
11.2.2. Clinical Monitoring
11.2.3. Fitness & Wellness
11.2.4. Smart Pill Dispenser
11.2.5. Telemedicine
11.2.6. Others
11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Healthcare M2M Market - Opportunity Analysis Index, By Component, Application, and Country, 2023 - 2029
11.5. Latin America Healthcare M2M Market Dynamics - Trends
12. Middle East and Africa Healthcare M2M Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
12.1. By Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. M2M Modules
12.1.2. Connectivity Services
12.1.3. M2M Platforms
12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Remote Health Monitoring
12.2.2. Clinical Monitoring
12.2.3. Fitness & Wellness
12.2.4. Smart Pill Dispenser
12.2.5. Telemedicine
12.2.6. Others
12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Healthcare M2M Market - Opportunity Analysis Index, By Component, Application, and Country, 2023 - 2029
12.5. MEA Healthcare M2M Market Dynamics - Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Stanley Healthcare
13.2.2. AT&T Inc.
13.2.3. GE Healthcare
13.2.4. Athenahealth, Inc.
13.2.5. IBM Corporation
13.2.6. Cisco Systems Inc.
13.2.7. Apple Inc.
13.2.8. Nokia
13.2.9. Allscripts Healthcare Solutions Inc.
13.2.10. Gemalto NV
13.2.11. Sierra Wireless Inc
14. Research Methodology
15. Key Assumptions and Acronyms

 

  • Stanley Healthcare
  • AT&T Inc.
  • GE Healthcare
  • Athenahealth, Inc.
  • IBM Corporation
  • Cisco Systems Inc
  • Apple Inc.
  • Nokia
  • Allscripts Healthcare Solutions Inc.
  • Gemalto NV
  • Sierra Wireless Inc

Adjacent Markets