IoT Telemedicine Market to Hit $332.57 Billion by 2030 as Remote Monitoring Demand Climbs
Updated
Updated · openPR · May 20
IoT Telemedicine Market to Hit $332.57 Billion by 2030 as Remote Monitoring Demand Climbs
1 articles · Updated · openPR · May 20
$332.57 billion is the projected size of the IoT-powered virtual hospitals and telemedicine 2.0 market by 2030, up from $161.36 billion in 2026 after reaching $134.94 billion in 2025.
19.8% is the forecast CAGR through 2030, driven by demand for remote healthcare, rising chronic disease, broader internet access, lower-cost care delivery, and wider use of AI diagnostics and cloud infrastructure.
Remote patient monitoring is a central growth engine because connected devices and virtual care platforms let providers track chronic patients continuously outside hospitals.
Nearly 1 million Medicare beneficiaries used remote patient monitoring in 2024, up 27% from 2023, according to a 2025 US Office of Inspector General report cited in the release.
North America led the market in 2025, while Asia-Pacific is expected to post the fastest growth as hospital-at-home models, tele-ICUs, digital chronic care programs, and smart wearables spread.
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