Telemetric Devices Market Size and Share

Telemetric Devices Market (2025 - 2030)
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Telemetric Devices Market Analysis by Mordor Intelligence

The Telemetric Devices Market size is estimated at USD 218 billion in 2025, and is expected to reach USD 462 billion by 2030, at a CAGR of 16.21% during the forecast period (2025-2030).

Demand is shifting from reactive monitoring toward predictive intelligence across healthcare, industrial, energy, and defense domains. Growth springs from miniaturized biosensors entering clinical trials, satellite-IoT constellations that extend coverage to remote areas, and low-power wide-area (LPWA) modules that lower connectivity costs for small and mid-sized enterprises. Healthcare remains the largest application, industrial predictive-maintenance programs continue to scale, and regulatory mandates for real-time asset tracking sustain the sector’s strong outlook.

Key Report Takeaways

  • By device type, wearable sensors led with 46.2% of telemetric devices market share in 2024, while ingestible capsules are projected to grow at an 18.7% CAGR through 2030.
  • By component, hardware retained 52.0% of the telemetric devices market size in 2024; software analytics is poised for a 16.25% CAGR to 2030.
  • By communication technology, cellular solutions held 48.5% share of the telemetric devices market in 2024, whereas LPWAN protocols show the fastest growth at a 19.20% CAGR.
  • By end-user vertical, healthcare commanded 41.3% revenue share in 2024 in telemetric devices market, and transportation and logistics is forecast to expand at a 17.05% CAGR through 2030.
  • By region, North America captured 38% of the telemetric devices market share in 2024; Asia Pacific is advancing at a 17.62% CAGR to 2030.  

Segment Analysis

By Device Type: Ingestible Capsules Accelerate Internal Monitoring

Wearable sensors held 46.2% of telemetric devices market share in 2024, underscoring consumer familiarity with wristbands and patches. Ingestible capsules now represent the most dynamic category, advancing at an 18.7% CAGR through 2030 as clinicians embrace non-invasive internal diagnostics. Swallowable capsule robots that anchor to intestinal tissue enable multi-day monitoring without external intervention. Sub-0.1-mm³ temperature sensors add new diagnostic options while leaving no surgical footprint. Remote fixed-site modules remain essential for harsh industrial environments such as upstream oil pipelines. Wearable formats move toward on-device AI, transforming basic readings into personalized early-warning systems. Bio-degradable materials under study could phase out removal surgeries, improving patient acceptance and broadening use cases for the telemetric devices market.

Healthcare innovators prioritize ingestible telemetry because internal data yield richer clinical insight than surface sensors. Capsule endoscopy evolved from still-image capture to live data streaming, supported by LPWA back-haul that extends battery life. Athletes and soldiers test ingestible thermometers for core-temperature surveillance in extreme climates. These developments point to a future where internal sensors complement external wearables, together delivering holistic patient profiles.

Telemetric Devices Market: Market Share by Devie Type
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By Component: Software Analytics Command Value Creation

In 2024, hardware captured 52.0% of telemetric devices market size, reflecting the cost of sensors, microcontrollers, and antennas. Software analytics, however, post a 16.25% CAGR to 2030, emphasizing the pivot from raw data to actionable insight. Edge-processing libraries compress time-series information locally before cloud upload, cutting bandwidth by up to 90%. Power-management chips with energy-harvesting inputs now double service life in remote meters. As device count grows, orchestration platforms that manage firmware and security updates at scale distinguish leading vendors.

Predictive-maintenance suites integrate physics-based models with machine-learning classifiers, enabling operators to schedule service only when probability of failure rises. Healthcare analytics engines combine multi-sensor streams to generate early diagnostic flags, pushing reimbursement models toward outcome-based care. With interoperability gaining importance, open-API platforms position themselves as the glue connecting diverse hardware in the telemetric devices market.

By End-User Vertical: Transportation and Logistics Gain Momentum

Healthcare retained 41.3% of 2024 revenue owing to chronic-disease management and hospital-at-home initiatives. Transportation and logistics, however, is set to expand at a 17.05% CAGR, driven by fleet telematics, cold-chain monitoring, and autonomous-vehicle development. GPS-enabled trackers paired with predictive algorithms boost fleet productivity and slash fuel use, with 75% of managers confirming efficiency gains. Oil-pipeline operators employ fiber-optic telemetry to sense leaks in real time, complying with tightening environmental regulations. Aerospace programs integrate secure satellite links for missile-defense telemetry, attracting sizeable defense budgets.

Beyond conventional sectors, agriculture adopts soil-moisture sensors to optimize irrigation and reduce water use. Utilities deploy smart meters that transmit voltage and consumption every few minutes, sharpening grid stability. The breadth of industry uptake reinforces the telemetric devices market’s diversified growth trajectory.

Telemetric Devices Market: Market Share by End-User Vertical
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By Communication Technology: LPWAN Challenges Cellular Supremacy

Cellular networks owned 48.5% market share in 2024, leveraging 4G/5G infrastructure for high-bandwidth applications such as video telematics. LPWAN solutions, including LoRaWAN and NB-IoT, register the steepest ascent at 19.20% CAGR, valued for ultra-low power and deep-indoor reach. Analysts expect LoRaWAN and NB-IoT to account for 3.5 billion connections by 2030.. Satellite Non-Terrestrial Networks (NTNs) extend coverage to deserts and oceans, with Myriota HyperPulse enabling sensor backhaul from any latitude. Bluetooth LE and Wi-Fi retain roles in wearables and home-automation hubs.

Hybrid modems combining cellular and LoRaWAN ensure redundancy for mission-critical sites. Private LPWAN deployments give enterprises autonomy over data flows and encryption keys, addressing sovereignty concerns. As roaming fees fall and roaming agreements widen, cross-border asset tracking becomes more feasible, further broadening the telemetric devices market. 

Geography Analysis

North America captured 38% of telemetric devices market share in 2024, propelled by mandatory real-time tracking in aviation and energy. The Space Development Agency’s USD 4.3 billion allocation to next-generation satellites underpins domestic demand for secure telemetry. Honeywell’s joint initiative with Verizon embeds 5G links into smart meters, illustrating public-utility modernization.[3]Honeywell Press Center, “Honeywell-Verizon Smart Meter Partnership,” honeywell.com The FCC’s new 6 GHz VLP rules accommodate additional device classes, stimulating innovation. Robust healthcare infrastructure fosters rapid adoption of implantable cardiac monitors, strengthening the region’s lead.

Asia Pacific is forecast to grow at 17.62% CAGR to 2030. China’s NB-IoT base alone is expected to reach 1.9 billion connections, driven by state subsidies and manufacturing scale. Japan’s Sinto Corporation fields on-premise monitoring to counter factory labor shortages. India’s smart-city programs mandate sensor deployments for traffic, water, and air-quality management. Local chip fabrication along with supportive telecom policies, allow regional firms to price hardware aggressively, broadening domestic adoption and positioning the area as a supply-chain hub for the telemetric devices market.

Europe maintains steady expansion on the back of smart-grid rollouts and climate-action regulations. Smart-meter penetration reached 60% for electricity and 45% for gas by 2023, providing a platform for grid-edge telemetry. Siemens generated EUR 75.9 billion in 2024 revenue with digitalization cited as a growth engine. Strict GDPR compliance rules shape design choices, pushing vendors toward stronger encryption and regional data centers. Environmental monitoring networks measure CO₂ and methane at industrial sites, supporting the EU’s Green Deal objectives and creating new telemetric devices market demand.

Telemetric Devices Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Competition is moderately fragmented. Traditional medical-device makers extend into industrial telemetry, while software firms add hardware to own the full stack. Siemens invested EUR 6.3 billion in R&D during 2024, underscoring the capital required to stay ahead.[4]Siemens AG Annual Report 2024, siemens.comPlatform Science’s purchase of Trimble’s transportation-telematics units, worth USD 300 million in annual revenue, shows ongoing consolidation. L3Harris won a USD 919 million satellite-payload contract, illustrating defense influence on advanced telemetry features.

White-space opportunities abound in ultra-low-power segments such as wildlife tracking and structural-health monitoring. Vendors differentiate through analytics sophistication and cross-platform interoperability rather than hardware alone. Proprietary ecosystems still lock in some customers, but RESTful APIs and Matter-compliant frameworks continue to erode barriers. The balance of power is tilting toward companies that fuse AI, edge computing, and multi-bearer connectivity into seamless services for the telemetric devices market.

Telemetric Devices Industry Leaders

  1. Siemens AG

  2. GE Healthcare

  3. Philips Healthcare

  4. Schlumberger Limited.

  5. Schneider Electric

  6. *Disclaimer: Major Players sorted in no particular order
Siemens AG, GE Healthcare, Philips Healthcare, Schlumberger Limited., Schneider Electric
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Recent Industry Developments

  • May 2025: Medtronic posted USD 33.5 billion revenue, up 3.6%, propelled by BrainSense™ Adaptive DBS telemetry innovations.
  • April 2025: Boston Scientific recorded 20.9% net-sales growth to USD 4.663 billion and began FARAFLEX pulsed-field ablation trials.
  • March 2025: Honeywell joined Verizon to embed 5G into smart meters for real-time grid telemetry.
  • February 2025: Myriota and Viasat launched HyperPulse, the first 5G NTN service dedicated to remote IoT.

Table of Contents for Telemetric Devices Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Explosion of IoT-Enabled Healthcare and Wearable Monitoring
    • 4.2.2 Industrial Shift Toward Predictive Maintenance
    • 4.2.3 Regulatory Mandates for Real-Time Asset Tracking (Oil and Gas, Aviation)
    • 4.2.4 Falling Cost of Low-Power Wide-Area (LPWA) Modules
    • 4.2.5 Satellite-IoT Constellations Unlocking Remote Telemetry
    • 4.2.6 Miniaturized Implantable Biosensors Entering Clinical Trials
  • 4.3 Market Restraints
    • 4.3.1 High Upfront Hardware and Integration Costs
    • 4.3.2 Data-Privacy and Cybersecurity Concerns
    • 4.3.3 Spectrum Congestion in Sub-GHz Telemetry Bands
    • 4.3.4 Proprietary Protocol Fragmentation Limits Interoperability
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Device Type
    • 5.1.1 Wearable Telemetric Sensors
    • 5.1.2 Implantable Telemetric Devices
    • 5.1.3 Ingestible Telemetry Capsules
    • 5.1.4 Remote Fixed-site Modules
  • 5.2 By Component
    • 5.2.1 Sensors and Transducers
    • 5.2.2 Telemetry Communication Module
    • 5.2.3 Antennas and Power Management
    • 5.2.4 Software / Analytics Platform
  • 5.3 By End-User Vertical
    • 5.3.1 Healthcare and Life Sciences
    • 5.3.2 Industrial and Manufacturing
    • 5.3.3 Oil and Gas (Upstream and Midstream)
    • 5.3.4 Aerospace and Defense
    • 5.3.5 Transportation and Logistics
    • 5.3.6 Utilities and Smart Grid
  • 5.4 By Communication Technology
    • 5.4.1 Cellular (3G/4G/5G)
    • 5.4.2 Satellite
    • 5.4.3 LPWAN (NB-IoT, LoRa, Sigfox)
    • 5.4.4 Bluetooth / Wi-Fi
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
    • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 Germany
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
    • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Rest of Asia-Pacific
    • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Siemens Healthineers AG
    • 6.4.2 GE HealthCare Technologies Inc.
    • 6.4.3 Philips North America LLC
    • 6.4.4 Honeywell International Inc.
    • 6.4.5 SLB N.V.
    • 6.4.6 Schneider Electric SE
    • 6.4.7 Sierra Wireless, Inc.
    • 6.4.8 Cobham Limited
    • 6.4.9 Kongsberg Gruppen ASA
    • 6.4.10 L3Harris Technologies, Inc.
    • 6.4.11 Abbott Laboratories
    • 6.4.12 Medtronic plc
    • 6.4.13 Boston Scientific Corporation
    • 6.4.14 Trimble Inc.
    • 6.4.15 CalAmp Corp.
    • 6.4.16 Omnitracs, LLC
    • 6.4.17 Bosch Sensortec GmbH
    • 6.4.18 Garmin Ltd.
    • 6.4.19 Fitbit LLC
    • 6.4.20 Verizon Connect, Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Global Telemetric Devices Market Report Scope

With the growing requirement of remote monitoring, the applications of telemetric devices have become ample. These devices are used for measuring and collecting data via wireless transmission from remote sources. The devices have applications in various end-user verticles such as connected devices, healthcare, industrial, oil & gas, and many more.

By Device Type
Wearable Telemetric Sensors
Implantable Telemetric Devices
Ingestible Telemetry Capsules
Remote Fixed-site Modules
By Component
Sensors and Transducers
Telemetry Communication Module
Antennas and Power Management
Software / Analytics Platform
By End-User Vertical
Healthcare and Life Sciences
Industrial and Manufacturing
Oil and Gas (Upstream and Midstream)
Aerospace and Defense
Transportation and Logistics
Utilities and Smart Grid
By Communication Technology
Cellular (3G/4G/5G)
Satellite
LPWAN (NB-IoT, LoRa, Sigfox)
Bluetooth / Wi-Fi
By Geography
North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Rest of Africa
By Device Type Wearable Telemetric Sensors
Implantable Telemetric Devices
Ingestible Telemetry Capsules
Remote Fixed-site Modules
By Component Sensors and Transducers
Telemetry Communication Module
Antennas and Power Management
Software / Analytics Platform
By End-User Vertical Healthcare and Life Sciences
Industrial and Manufacturing
Oil and Gas (Upstream and Midstream)
Aerospace and Defense
Transportation and Logistics
Utilities and Smart Grid
By Communication Technology Cellular (3G/4G/5G)
Satellite
LPWAN (NB-IoT, LoRa, Sigfox)
Bluetooth / Wi-Fi
By Geography North America United States
Canada
Mexico
South America Brazil
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia-Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Rest of Africa
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Key Questions Answered in the Report

What is the current size of the telemetric devices market?

The market is worth USD 218 billion in 2025 and is projected to reach USD 462 billion by 2030 at a 16.21% CAGR.

Which device type is growing the fastest?

Ingestible capsules lead growth with an 18.7% CAGR through 2030, reflecting rising demand for internal monitoring solutions.

Why are LPWAN protocols gaining traction over cellular?

LPWAN offers multi-year battery life and lower connectivity costs, driving a 19.20% CAGR even though cellular still holds 48.5% market share.

Which region will expand the most by 2030?

Asia Pacific shows the highest regional CAGR at 17.62% due to industrial IoT adoption and large-scale smart-city projects.

How are regulators influencing telemetric device adoption?

Mandates for real-time asset tracking in sectors such as aviation, oil, and gas, along with new cybersecurity rules for medical devices, are accelerating deployment across multiple industries.

What factors currently restrain market growth?

High upfront integration costs, cybersecurity concerns, and spectrum congestion in sub-GHz bands are the primary brakes on wider adoption.

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