Medical Equipment

Internet Of Medical Things (IOMT) For Drug Delivery Market Forecast 2026: Where the Industry Is Headed

March 4, 2026 by Marketing Posting

Uncover key drivers, emerging technologies, and competitive movements shaping the internet of medical things (iomt) for drug delivery market from 2026–2035 with trusted insights from The Business Research Company

What are the forecasted starting (2026) and ending (2030) market sizes for the Internet Of Medical Things (IOMT) For Drug Delivery Market?

The market size for the internet of medical things (iomt) in drug delivery has experienced robust expansion in recent years. Projections indicate continued expansion, with its value rising from $6.57 billion in 2025 to $7.14 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 8.8%. This historical growth is attributable to several key factors, including the increasing prevalence of chronic diseases, the early adoption of smart infusion and monitoring devices, the expansion of home healthcare services, a heightened focus on medication adherence, and the broadening of digital health infrastructure.

The internet of medical things (iomt) for drug delivery market is anticipated to show significant expansion over the next few years. By 2030, this market is forecasted to reach a value of $10.09 billion, exhibiting a compound annual growth rate (CAGR) of 9.0%. This projected growth during the forecast period is primarily driven by factors such as the broader implementation of personalized medicine applications, increased capital expenditure in interconnected healthcare platforms, a surge in demand for remote patient oversight, greater incorporation of AI-powered dosing algorithms, and enhanced regulatory backing for digital therapeutic solutions. Key developments expected in this period encompass a rise in the uptake of linked drug delivery devices, increased utilization of platforms for real-time patient monitoring, the growing incorporation of wearable and implantable systems for delivery, the development of individualized dosage management options, and a heightened emphasis on managing therapies remotely.

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What Drivers Are Supporting Technological Adoption In The Internet Of Medical Things (IOMT) For Drug Delivery Market?

The increasing adoption of telehealth and remote care services is projected to stimulate the expansion of the internet of medical things (IoMT) for drug delivery market. These services encompass healthcare provision via digital platforms, allowing individuals to obtain medical advice, supervision, and therapy from home, thereby eliminating the necessity for physical appointments. Their proliferation stems from a growing patient preference for accessible, immediate healthcare solutions, empowering them to engage with physicians, oversee their health, and manage treatments remotely, reducing the need for regular hospital visits. The internet of medical things (IoMT) for drug delivery plays a crucial role in enhancing telehealth and remote care by facilitating continuous monitoring of medication compliance, automating accurate drug delivery, and ensuring smooth information exchange with healthcare professionals. This capability allows doctors to remotely observe treatment evolution, modify prescriptions, and deliver customized care without the need for face-to-face interactions. A notable illustration is observed in April 2023, where FAIR Health Inc., a US non-profit organization, reported a 7.3% surge in national telehealth utilization, escalating from 5.5% of medical claim lines in December 2022 to 5.9% in January 2023. Consequently, the expanding uptake of telemedicine platforms is a key factor propelling the expansion of the internet of medical things (IoMT) for drug delivery market.

What Segment Types Are Examined In The Internet Of Medical Things (IOMT) For Drug Delivery Market?

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

What Trends Are Driving The Growth Trajectory Of The Internet Of Medical Things (IOMT) For Drug Delivery Market?

Major companies in the internet of medical things (IoMT) for drug delivery market are concentrating on developing innovative solutions, such as connected smart drug-delivery devices with real-time monitoring, to facilitate personalized dosing, enhance treatment adherence, and improve patient outcomes. These connected smart drug-delivery devices with real-time monitoring are medical tools that automatically track medication delivery and patient data, wirelessly sharing this information with applications or healthcare systems. This capability helps optimize dosing, boost adherence, and enable timely clinical decisions. For example, in November 2024, Medtronic plc, an Ireland-based healthcare technology company, introduced its Smart MDI system, which includes the InPen app alongside Simplera CGM. This system merges a smart insulin pen with a disposable, all-in-one CGM to offer real-time, personalized insights into insulin dosing, including recommendations for detecting and correcting missed or inaccurate mealtime doses. It continuously monitors glucose levels, records insulin administration, and analyzes patient data through a mobile application to lower hyperglycemia risk and support better glycemic control. Compared to conventional insulin pens, this solution provides automated data capture, intelligent alerts, and clinical decision support, significantly reducing dosing uncertainty and improving patient results.

Who Are The Primary Competitors In The Global Internet Of Medical Things (IOMT) For Drug Delivery Market?

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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Which Global Regions Are Shaping The Competitive Landscape Of The Internet Of Medical Things (IOMT) For Drug Delivery Market?

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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