Patient Monitoring Devices

Patient Monitoring Devices Market Size To Touch $66.56 Billion By 2030 The patient monitoring devices market was valued at US$ 36.5 billion in 2021.

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As per the experts, the patient monitoring devices market is predicted to record a growth rate of 8.3% from 2021-2030 and is projected to reach US$ 66.56 billion by 2030.

The study provides the overall revenue of the global patient monitoring devices market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global patient monitoring devices market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the patient monitoring devices industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Crucial factors accountable for market growth are:

  • Rise in chronic diseases across the globe especially in the older generation people.
  • Increase in older population across the globe.
  • The rapid technological advancement in the Patient Monitoring Devices.
  • The benefitsof regularly monitoring the patient health condition provided by the Patient Monitoring Devices.
  • During the COVID-19 pandemic outbreak, the demand for Patient Monitoring Devices increased in the local hospitals and nursing homes.

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Report Highlights

  • Asia Pacific region is estimated to grow at highest CAGR during the forecast period owing to improved healthcare facilities and large number of target population.
  • The rise in elderly population that need constant medical attention that can be ensured with the help of Patient Monitoring Devices.
  • The monitoring and therapeutic devices sector will lead the Patient Monitoring Devices Market with highest revenue share during the forecast period owing to the rapid increase of chronic disease among the people all over the world.
  • By Geography, North America leads the Patient Monitoring Devices Market by revenue share because of rise in chronic diseases among the people in this region.

Scope of the Patient Monitoring Devices Market Report

Report Coverage Details
Market Size in 2021 US$ 36.5 billion
Growth Rate From 2021 to 2030 CAGR of 8.3%
Largest Market North America
Fastest Growing Market Asia Pacific
Base Year 2021
Companies Mentioned Medtronic plc (Ireland), Abbott Laboratories, Hill-Rom Holdings, Inc., Drägerwerk AG & Co. KGaA, OMRON Corporation, Masimo Corporation, Compumedics Limited, Natus Medical, Koninklijke Philips N.V., GE Healthcare, Getinge AB, Boston Scientific Corporation, Dexcom, Inc., Nonin, BIOTRONIK, SCHILLER, and BioTelemetry, Inc.

Regional Snapshots

North America is expected to lead the Patient Monitoring Devices market accounting for largest market share of more than 43.2% in 2021. The increasing research and developmental activities in this region to develop advanced patient monitoring devices is anticipated to boost the growth of the Patient Monitoring Devices market. Moreover, the rising infectious disease in the region and the presence major market players in this region will fuel the growth of Patient Monitoring Devices market.

Asia Pacific region is also estimated to grow significantly over the forecast period due to the adoption of poor lifestyle such as improper diet, physical inactiveness, high sugar consumption and many others that leads to generation of chronic disease such as obesity, diabetics and others among the people in this region. The chronic disease needs regular monitoring in order to prevent them from becoming fatal for the patients. This attribute is estimated to drive the growth of the Patient Monitoring Devices market in this region.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global patient monitoring devices market are Abbott Laboratories, Hill-Rom Holdings, Inc., Drägerwerk AG & Co. KGaA, Edwards Lifesciences Corporation, OMRON Corporation, Masimo Corporation, Compumedics Limited, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Nihon Kohden Corporation, Natus Medical, Medtronic plc (Ireland), Koninklijke Philips N.V., GE Healthcare, Getinge AB, Boston Scientific Corporation, Dexcom, Inc., Nonin, BIOTRONIK, SCHILLER, and BioTelemetry, Inc. and many others.

Segments Covered in the Report

By Product

  • Cardiac Monitoring Devices
    • ECG Devices
    • Implantable Loop Recorders
    • Event Monitors
    • Mobile Cardiac Telemetry Monitors
    • Smart/Wearable ECG Monitors
  • Blood Glucose Monitoring Systems
    • Self-monitoring Blood Glucose Systems
    • Continuous Glucose Monitoring Systems
  • Multi-parameter Monitoring Devices
    • Low-acuity Monitoring Devices
    • Mid-acuity Monitoring Devices
    • High-acuity Monitoring Devices
  • Temperature Monitoring Devices
    • Handheld Temperature Monitoring Devices
    • Table-top Temperature Monitoring Devices
    • Wearable Continuous Monitoring Devices
    • Invasive Temperature Monitoring Devices
    • Smart Temperature Monitoring Devices
  • Respiratory Monitoring Devices
    • Pulse Oximeters
    • Spirometers
    • Capnographs
    • Peak Flow Meters
  • Hemodynamic/Pressure Monitoring Devices
    • Hemodynamic Monitors
    • Blood Pressure Monitors
    • Disposables
  • Fetal& Neonatal Monitoring Devices
    • Fetal Monitoring Devices
    • Neonatal Monitoring Devices
  • Neuromonitoring Devices
    • Electroencephalograph Machines
    • Electromyography Machines
    • Cerebral Oximeters
    • Intracranial Pressure Monitors
    • Magnetoencephalograph Machines
    • Transcranial Doppler Machines
  • Weight Monitoring Devices
    • Digital
    • Analog
  • Other Patient Monitoring Devices

By End-use

  • Hospitals
  • Home Care Settings
  • Ambulatory Surgery Centers
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the patient monitoring devices market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global patient monitoring devices market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for patient monitoring devices are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Patient Monitoring Devices Market, By Product

7.1. Patient Monitoring Devices Market, by Product Type, 2021-2030

7.1.1. Cardiac Monitoring Devices

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Blood Glucose Monitoring Systems

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Multi-parameter Monitoring Devices

7.1.3.1. Market Revenue and Forecast (2017-2030)

7.1.4. Temperature Monitoring Devices

7.1.4.1. Market Revenue and Forecast (2017-2030)

7.1.5. Respiratory Monitoring Devices

7.1.5.1. Market Revenue and Forecast (2017-2030)

7.1.6. Hemodynamic/Pressure Monitoring Devices

7.1.6.1. Market Revenue and Forecast (2017-2030)

7.1.7. Fetal & Neonatal Monitoring Devices

7.1.7.1. Market Revenue and Forecast (2017-2030)

7.1.8. Neuromonitoring Devices

7.1.8.1. Market Revenue and Forecast (2017-2030)

7.1.9. Weight Monitoring Devices

7.1.9.1. Market Revenue and Forecast (2017-2030)

7.1.10. Others

7.1.10.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Patient Monitoring Devices Market, By End-use

8.1. Patient Monitoring Devices Market, by End-use, 2021-2030

8.1.1. Hospitals

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Home Care Settings

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Ambulatory Surgery Centers

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Others

8.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Patient Monitoring Devices Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Forecast, by Product (2017-2030)

9.1.2. Market Revenue and Forecast, by End-use (2017-2030)

9.1.3. U.S.

9.1.3.1. Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2. Market Revenue and Forecast, by End-use (2017-2030)

9.1.4. Rest of North America

9.1.4.1. Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2. Market Revenue and Forecast, by End-use (2017-2030)

9.2. Europe

9.2.1. Market Revenue and Forecast, by Product (2017-2030)

9.2.2. Market Revenue and Forecast, by End-use (2017-2030)

9.2.3. UK

9.2.3.1. Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2. Market Revenue and Forecast, by End-use (2017-2030)

9.2.4. Germany

9.2.4.1. Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2. Market Revenue and Forecast, by End-use (2017-2030)

9.2.5. France

9.2.5.1. Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2. Market Revenue and Forecast, by End-use (2017-2030)

9.2.6. Rest of Europe

9.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2. Market Revenue and Forecast, by End-use (2017-2030)

9.3. APAC

9.3.1. Market Revenue and Forecast, by Product (2017-2030)

9.3.2. Market Revenue and Forecast, by End-use (2017-2030)

9.3.3. India

9.3.3.1. Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2. Market Revenue and Forecast, by End-use (2017-2030)

9.3.4. China

9.3.4.1. Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2. Market Revenue and Forecast, by End-use (2017-2030)

9.3.5. Japan

9.3.5.1. Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2. Market Revenue and Forecast, by End-use (2017-2030)

9.3.6. Rest of APAC

9.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2. Market Revenue and Forecast, by End-use (2017-2030)

9.4. MEA

9.4.1. Market Revenue and Forecast, by Product (2017-2030)

9.4.2. Market Revenue and Forecast, by End-use (2017-2030)

9.4.3. GCC

9.4.3.1. Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2. Market Revenue and Forecast, by End-use (2017-2030)

9.4.4. North Africa

9.4.4.1. Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2. Market Revenue and Forecast, by End-use (2017-2030)

9.4.5. South Africa

9.4.5.1. Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2. Market Revenue and Forecast, by End-use (2017-2030)

9.4.6. Rest of MEA

9.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2. Market Revenue and Forecast, by End-use (2017-2030)

9.5. Latin America

9.5.1. Market Revenue and Forecast, by Product (2017-2030)

9.5.2. Market Revenue and Forecast, by End-use (2017-2030)

9.5.3. Brazil

9.5.3.1. Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2. Market Revenue and Forecast, by End-use (2017-2030)

9.5.4. Rest of LATAM

9.5.4.1. Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2. Market Revenue and Forecast, by End-use (2017-2030)

Chapter 10. Company Profiles

10.1. Abbott Laboratories

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Hill-Rom Holdings, Inc.

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Drägerwerk AG & Co. KGaA

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Edwards Lifesciences Corporation

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. OMRON Corporation

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Masimo Corporation

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Compumedics Limited

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Nihon Kohden Corporation

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. Natus Medical

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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