Internet Of Medical Things (IOMT) For Drug Delivery Market Forecast Signals New Revenue Opportunities Through 2030
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Internet Of Medical Things (IOMT) For Drug Delivery Market Revenue Growth Supported By A CAGR Of 10.09% Through 2030
The internet of medical things (iomt) for drug delivery market size has experienced robust expansion in recent years. This market is projected to expand from $6.57 billion in 2025 to $7.14 billion in 2026, exhibiting a compound annual growth rate (CAGR) of 8.8%. The historical growth can be attributed to factors such as the increasing prevalence of chronic diseases, early adoption of smart infusion and monitoring devices, the expansion of home healthcare services, a rising focus on medication adherence, and the broadening of digital health infrastructure.
The internet of medical things (IoMT) for drug delivery market size is expected to observe significant expansion over the next few years. It is projected to grow to $10.09 billion in 2030, achieving a compound annual growth rate (CAGR) of 9.0%. The growth during this forecast period can be attributed to the increasing prevalence of personalized medicine applications, rising investments in connected healthcare platforms, an expanding demand for remote patient management, the growing incorporation of AI-driven dosing algorithms, and enhanced regulatory support for digital therapeutics. Major trends expected in the forecast period include the increasing adoption of connected drug delivery devices, a rise in the use of real-time patient monitoring platforms, the growing integration of wearable and implantable delivery systems, the expansion of personalized dosage management solutions, and an enhanced focus on remote therapy management.
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#Internet Of Medical Things (IOMT) For Drug Delivery Market Growth Factors: Which Forces Are Supporting Market Expansion?
The expansion of the internet of medical things (IoMT) for drug delivery market is projected to be driven by the increasing adoption of telehealth and remote care services. These services encompass the provision of healthcare through digital technologies, allowing patients to receive medical consultations, monitoring, and treatment from their residences without requiring physical visits. The surge in telehealth and remote care services is attributable to a rising patient desire for convenient, on-demand healthcare, which enables them to consult doctors, track their health, and manage treatments from home, thus minimizing the need for frequent hospital visits. IoMT for drug delivery aids telehealth and remote care services by facilitating real-time monitoring of patient medication adherence, automated and precise drug administration, and seamless data exchange with healthcare providers. This empowers doctors to remotely monitor treatment progress, adjust dosages, and ensure personalized care without necessitating in-person visits. For instance, in April 2023, according to FAIR Health Inc., a US-based non-profit organization, national telehealth utilization increased by 7.3%, climbing from 5.5% of medical claim lines in December 2022 to 5.9% in January 2023. Consequently, the expanding implementation of telemedicine platforms is fostering the growth of the internet of medical things (IoMT) for drug delivery market.
Internet Of Medical Things (IOMT) For Drug Delivery Market Segmentation: How Is The Market Structured Across Key Categories?
The internet of medical things (iomt) for drug delivery market covered in this report is segmented –
1) By Type: Wearable Drug Delivery Devices; Smart Inhalers; Injectable Drug Delivery Systems; Implantable Drug Delivery Devices; Remote Drug Monitoring
2) By Connectivity: Bluetooth And Low Energy Connectivity; Wi Fi Connectivity; Cellular Connectivity; Near Field Communication; Cloud And Edge Based Connectivity
3) By Application: Chronic Disease Management; Acute Care Drug Delivery; Home Based Drug Administration; Hospital And Clinical Drug Delivery; Personalized And Precision Medicine
4) By End User: Hospitals And Clinics; Home Care Settings; Pharmaceutical And Biotechnology Companies; Research And Development Organizations; Contract Research And Clinical Trial Centers
Subsegments:
1) By Wearable Drug Delivery Devices: On Body Infusion Pumps; Patch Based Drug Delivery Systems; Wearable Insulin Delivery Devices; Wearable Pain Management Devices
2) By Smart Inhalers: Connected Metered Dose Inhalers; Connected Dry Powder Inhalers; Medication Adherence Monitoring Inhalers; Dose Tracking Inhaler Systems
3) By Injectable Drug Delivery Systems: Connected Auto Injectors; Smart Pen Injectors; Pre Filled Smart Syringes; Electronic Injection Monitoring Systems
4) By Implantable Drug Delivery Devices: Implantable Infusion Pumps; Controlled Release Implant Systems; Programmable Drug Delivery Implants; Long Term Therapeutic Implants
5) By Remote Drug Monitoring: Medication Adherence Monitoring Systems; Real Time Dosage Tracking Platforms; Remote Therapy Management Systems; Patient Compliance Monitoring Solutions
Internet Of Medical Things (IOMT) For Drug Delivery Market Industry Trends: What Changes Are Reshaping Demand?
Leading companies in the internet of medical things (IoMT) for drug delivery market are concentrating on creating advanced solutions, including connected smart drug-delivery devices that offer real-time monitoring. These innovations aim to facilitate individualized dosing, boost treatment compliance, and elevate patient well-being. Such connected smart drug-delivery devices with real-time monitoring are medical instruments designed to automatically track medication dispensation and patient information, sharing it wirelessly with applications or healthcare systems. This functionality helps in optimizing dosages, enhancing adherence, and enabling prompt clinical judgments. For example, Medtronic plc, an Ireland-based healthcare technology firm, introduced its Smart MDI system, which incorporates the InPen app alongside Simplera CGM, in November 2024. This system brings together a smart insulin pen with an all-in-one, disposable continuous glucose monitor (CGM) to provide real-time, tailored insights into insulin dosing, including suggestions for detecting and correcting forgotten or incorrect mealtime doses. It consistently monitors glucose levels, logs insulin delivery, and analyzes patient data via a mobile application to minimize the risk of hyperglycemia and foster improved glycemic control. In contrast to traditional insulin pens, this solution delivers automatic data capture, intelligent notifications, and support for clinical decisions, thereby considerably reducing the ambiguity in dosing and improving patient results.
Internet Of Medical Things (IOMT) For Drug Delivery Market Competitive Landscape And Leading Companies
Major companies operating in the internet of medical things (iomt) for drug delivery market are Siemens AG, F. Hoffmann-La Roche AG, IBM Corporation, Bayer AG, Oracle Corporation, Abbott Laboratories, Honeywell Life Care Solutions Inc., Medtronic plc, Koninklijke Philips N.V., GE HealthCare Technologies Inc., Becton Dickinson and Company, Cognizant Technology Solutions Corporation, Biogen Inc., Omron Healthcare Co. Ltd., Dexcom Inc., Insulet Corporation, Tandem Diabetes Care Inc., Senseonics Inc., AdhereTech Inc., Adherium Limited
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Internet Of Medical Things (IOMT) For Drug Delivery Market Global Footprint: Which Region Holds Market Leadership?
North America was the largest region in the internet of medical things (IOMT) for drug delivery market in 2025. The regions covered in the internet of medical things (iomt) for drug delivery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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