Wearable and IoMT medical devices market seen reaching $26.8 billion by 2030

The wearable and IoMT medical devices market is projected to grow from $13.92 billion in 2025 to $15.84 billion in 2026, with The Business Research Company forecasting it will hit $26.8 billion by 2030. The report points to chronic disease growth, telemedicine adoption and remote patient monitoring as major demand drivers, with North America leading and Asia-Pacific expected to grow fastest.

Why it matters: - Wearable and Internet of Medical Things devices are becoming central to continuous monitoring, remote patient management and personalized care. - The market’s projected climb to $26.8 billion by 2030 signals growing demand for connected health tools across hospitals, clinics and home care. - Rising chronic disease rates and aging populations are increasing the need for long-term monitoring.

What happened: - The Business Research Company released its Wearable And IoMT Medical Devices Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report estimates the market will grow from $13.92 billion in 2025 to $15.84 billion in 2026. - The report forecasts the market will reach $26.8 billion by 2030. - The company projects a 13.8% CAGR from 2025 to 2026 and a 14.1% CAGR through 2030.

The details: - The market covers connected medical devices and technologies that support ongoing health monitoring, real-time data transmission and remote patient management. - The category includes devices that track physiological metrics, transmit health data instantly and support clinical decisions through digital health systems. - Growth is tied to rising chronic diseases, wider use of wearable technology, healthcare digital transformation, telemedicine expansion and sensor improvements. - Future growth is linked to personalized healthcare demand, remote patient monitoring, higher investment in digital health platforms, aging populations and preventive care. - The report cites January 2024 American Heart Association data showing a 4% increase in the age-adjusted cardiovascular death rate in the U.S., from 224.4 to 233.3 per 100,000 people. - North America held the largest market share in 2025. - Asia-Pacific is expected to post the fastest growth during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, and the Middle East and Africa. - The 2026 edition adds market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technology analysis and updated graphics and tables. - More information is available in the company’s sample request. - The full report is available here.

Between the lines: - The report frames wearable and IoMT devices as part of a broader shift toward always-on healthcare rather than occasional in-person care. - North America’s lead suggests mature infrastructure and adoption remain an advantage, while Asia-Pacific’s expected growth points to faster digital health investment across emerging markets. - The cardiovascular death-rate data reinforces the commercial case for tools that support earlier detection and ongoing management of chronic illness.

What's next: - Market growth will likely continue as healthcare providers expand remote monitoring and digital health programs. - Adoption should accelerate if payers and providers keep favoring preventive care and home-based management. - Regional competition may intensify as Asia-Pacific markets scale digital health infrastructure and connected-device use.

The bottom line: - Wearable and IoMT medical devices are moving from niche tools to core healthcare infrastructure, and the market outlook points to sustained double-digit growth through 2030.