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IoMT Wearable Devices Patent Landscape Report and Forecasts, 2017-2023 & 2024-2032 Featuring Veniam, Advanced Neuromodulation Systems, Bionet Sonar, and Abiomed

1. The IoMT wearable devices market reached $34.93 billion in 2023. 2. Projected CAGR of 23.0% will elevate market value to $225.1 billion by 2032. 3. Patents in innovative sensors and AI technologies are driving industry growth. 4. Key players include Veniam Inc. and Abiomed Inc., contributing to IoMT advancements. 5. U.S. leads global patent activity, reflecting strong innovation support.

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FAQ

Why Bullish?

The significant market growth projections and patent activity suggest a strong upward trend for companies involved, including ABMD.

How important is it?

Research indicates a significant trend towards wearable health technologies, which could influence ABMD's strategies and partnerships.

Why Long Term?

With projected CAGR, the long-term outlook for ABMD aligns with the growing IoMT wearable devices market.

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Dublin, March 04, 2025 (GLOBE NEWSWIRE) -- The "IoMT Wearable Devices Patent Landscape Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com's offering.The IoMT wearable devices market was valued at USD 34.93 billion in 2023. It is expected to grow at a CAGR of 23.0% during the forecast period of 2024-2032 and attain a market value of USD 225.1 billion in 2032. The patent landscape is driven by advancements in sensor technology, AI integration, and connectivity solutions, enhancing diagnostic accuracy and personalised treatment. The global IoMT wearable devices patent landscape report offers an in-depth analysis of the dynamic patent environment. It explores innovations in sensor technologies, AI integration, and advanced connectivity solutions that are shaping the future of IoMT wearables. The report provides detailed segmentation by product type, modality, and application, highlighting key patents and emerging trends. Jurisdictional insights reveal regional strengths, with significant activity in the United States, Europe, and Asia. Key players' patent portfolios and strategic filings are examined, offering valuable insights into competitive dynamics and future opportunities in the IoMT wearable devices industry.Global IoMT Wearable Devices Patent Outlook The IoMT wearable devices patent landscape is being driven by patents on innovative sensor technologies, focusing on improving accuracy and miniaturisation for monitoring vital signs, leading to increased patent activity in this sector for precise health tracking. Key companies like Veniam Inc., Advanced Neuromodulation Systems Inc., Tencent Bionet Sonar, and Abiomed Inc. are actively involved in the patent landscape for IoMT wearable devices, focusing on connectivity solutions, neuromodulation technologies for pain management, and enhancing wearable functionality. The global patent landscape for IoMT wearable devices is rapidly changing, with the US leading with over 600 patents, Europe holding 500, and Asia, particularly China and Japan, with around 450. The US leads with over 600 patents, driven by research funding and a robust innovation ecosystem. Europe focuses on non-invasive monitoring and connectivity solutions. IoMT Wearable Devices IntroductionThe Internet of Medical Things (IoMT) wearable devices represent a significant advancement in healthcare technology, integrating sensors and connectivity to monitor various health parameters in real time. These devices, such as smartwatches, fitness trackers, and medical-grade wearables, collect and transmit data on metrics like heart rate, blood pressure, and glucose levels to healthcare providers. This continuous monitoring enables proactive health management, early detection of potential issues, and personalized treatment plans. IoMT wearables enhance patient engagement and adherence to medical advice, contributing to improved health outcomes. As technology evolves, these devices are becoming more sophisticated, accurate, and integral to modern healthcare systems. Patents on innovative sensor technologies are driving the IoMT wearable devices industry. These patents focus on improving accuracy and miniaturisation of sensors for monitoring vital signs. Continuous advancements in sensor technology are expanding the capabilities of wearables, enabling more precise health tracking and contributing to the growing patent activity in this sector. Increasing patents on integrating AI and machine learning with IoMT wearable devices are shaping the landscape. These patents cover algorithms for data analysis and predictive health monitoring, enhancing the functionality of wearables. Innovations in this area are driving the development of smarter, more intuitive devices, reflecting significant patent activity. Patents focusing on advanced connectivity solutions, such as 5G and IoT networks, are expanding the IoMT wearable devices landscape. These patents improve real-time data transmission and device interoperability. The continuous development of connectivity technologies is crucial for reliable and efficient health monitoring, driving substantial patent activity in this field.IoMT Wearable Devices Patent Jurisdiction AnalysisThe global patent landscape for IoMT wearable devices is rapidly evolving, with significant activity in the United States, Europe, and Asia. Each region reveals unique trends in patent filings and corporate involvement, reflecting regional priorities and advancements in this innovative technology. The United States leads the patent landscape for IoMT wearable devices with over 600 patents filed. This leadership is driven by significant research funding and a robust innovation ecosystem. Key patents focus on advanced sensor technologies and integration with AI for health monitoring, reflecting the country's commitment to pioneering wearable healthcare solutions. Europe holds approximately 500 patents in the IoMT wearable devices sector, with notable contributions from Germany, the UK, and France. European patents often emphasise innovations in non-invasive monitoring and connectivity solutions. Strong collaborative research initiatives and substantial funding support these advancements, highlighting Europe's role in enhancing IoMT wearable technologies. Asia, particularly China and Japan, has around 450 patents related to IoMT wearable devices. Rapid technological advancements and strong government support for healthcare innovation drive significant patent activity in this region. Asian patents typically focus on cost-effective manufacturing techniques and novel applications in health monitoring, showcasing the region's growing influence in the global IoMT wearables industry. Patent Profile of Key CompaniesThe patent landscape for IoMT wearable devices is shaped by several key companies driving innovation and securing intellectual property. Here is an overview of their patent activities.Veniam Inc.:Veniam Inc. holds a strong position in the IoMT wearable devices patent landscape, focusing on innovations in connectivity solutions. Their patents drive advancements in seamless data transmission for health monitoring wearables, enhancing real-time patient data accessibility and reliability.Advanced Neuromodulation Systems Inc.:Advanced Neuromodulation Systems Inc. has a significant presence in the IoMT wearable devices sector. Their patents focus on neuromodulation technologies for pain management and neurological disorders, driving innovations in wearable devices that provide therapeutic benefits and improve patient outcomes.Other key players in the industry include Tencent Bionet Sonarand Abiomed Inc.Key Attributes: Report AttributeDetailsNo. of Pages200Forecast Period2024 - 2032Estimated Market Value (USD) in 2024$43 BillionForecasted Market Value (USD) by 2032$225.1 BillionCompound Annual Growth Rate23.0%Regions CoveredGlobal Key Topics Covered:1 Introduction2 Executive Summary3 Global IoMT Wearable Devices Market Overview3.1 Global IoMT Wearable Devices Market Historical Value (2017-2023)3.2 Global IoMT Wearable Devices Market Forecast Value (2024-2032)4 Global IoMT Wearable Devices Market Segmentation4.1 Global IoMT Wearable Devices Market (2017-2032) by Product Type4.1.1 Market Overview4.1.2 Fitness Wearables4.1.3 Clinical Grade Wearables4.1.4 Remote Monitoring Wearables4.1.5 Others4.2 Global IoMT Wearable Devices Market (2017-2032) by Modality4.2.1 Market Overview4.2.2 Handheld4.2.3 Headband4.2.4 Strap/Clip/Bracelet4.2.5 Others4.3 Global IoMT Wearable Devices Market (2017-2032) by Application4.3.1 Market Overview4.3.2 Health Monitoring4.3.2.1 Motion Trackers4.3.2.2 Vital Sign Measurement4.3.3 Medication Management4.3.4 Others5 Global Market Dynamics5.1 Market Drivers and Constraints5.2 Porter's Five Forces Analysis5.3 PESTEL Analysis5.4 Industry Events, Initiatives, and Trends5.5 Value Chain Analysis6 Global IoMT Wearable Devices Patent Landscape Analysis6.1 Patent Distribution by Publication Year6.2 Patent Distribution by Application Year6.3 Patent Distribution by Priority Year6.4 Analysis by Type of Patent6.5 Analysis by Legal Status6.6 Analysis by Patent Jurisdiction6.7 Analysis by Patent Age6.8 Analysis by Cooperative Patent Classification (CPC) Codes6.9 Average Time to Publish a Patent6.10 Analysis by Type of Entity (Academic and Non-Academic)6.11 Analysis by Top Applicants6.12 Analysis by Top Inventors7 Global IoMT Wearable Devices Patent Analysis by Technology7.1 Total Patents by Top Technologies7.2 Time Evolution of Patents by Technology7.3 Emerging Technologies7.4 Patent Segmentation, By Product Type7.5 Patent Segmentation, By Modality8 Patent Valuation Analysis8.1 Assessment Methodology8.2 High Value Patents8.3 Medium Value Patents8.4 Low Value Patents9 Global IoMT Wearable Devices - Top 10 Players Patent Analysis9.1 Top 10 Entities by Number of Patents9.2 Analysis by Publication Year9.3 Analysis by Application Year9.4 Analysis by Priority Year9.5 Analysis by Type of Patent9.6 Analysis by Jurisdiction9.7 Analysis by Cooperative Patent Classification (CPC) Codes9.8 Analysis by Source of Innovation9.9 Analysis by Forward and Backward Citations9.10 Analysis by Legal Status9.11 Analysis by Patent Age9.12 Analysis by Key Inventors9.13 Entity Dynamics10 Patent Profile of Key Players10.1 Veniam Inc.10.1.1 Product Portfolio10.1.2 Patent Portfolio by Patent Families10.1.3 Time Evolution of Patents10.1.4 Geographical Patent Coverage10.1.5 Patent Analysis by Technology10.1.6 Patent News and Developments10.1.7 Financial Analysis10.1.8 SWOT Analysis10.2 Advanced Neuromodulation Systems Inc.10.3 Bionet Sonar10.4 Abiomed Inc.11 Future Trends12 Global IoMT Wearable Devices Landscape (Additional Insight)12.1 Global IoMT Wearable Devices: Developers Landscape12.2 Global IoMT Wearable Devices: Product Landscape For more information about this report visit https://www.researchandmarkets.com/r/ph8vsu About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. IoMT Wearable Devices Patent Landscape Market IoMT Wearable Devices Patent Landscape Market IoMT Wearable Devices Patent Landscape Market

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