IoT in Healthcare Market is expected to grow at an 18.0% CAGR and reach USD 952.3 Billion by 2032 | FMI Study

The healthcare industry is undergoing a digital revolution, with the Internet of Things (IoT) at its core. The IoT in Healthcare Market is experiencing explosive growth, reaching a staggering USD 181.4 billion in sales in 2022. This momentum is expected to propel the market to a remarkable USD 952.3 billion by 2032, with a Compound …

IoT in Healthcare Industry Alluring Growth at 18.0% CAGR, Predicting US$952.3 Billion in 2032 | FMI

In 2022, the worldwide IoT in healthcare industry achieved an impressive sales valuation of US$181.4 billion. Forecasts indicate a remarkable upward trajectory, with an expected surge to US$952.3 billion by 2032, marked by a compelling compound annual growth rate (CAGR) of 18.0%. During 2021-2022, the market experienced a substantial year-on-year (Y-o-Y) growth rate of 20.7%, …