Report Highlights
The global market for patient monitoring devices is expected to grow from $36.7 billion in 2025 and is projected to reach $55.8 billion by the end of 2030, at a compound annual growth rate (CAGR) of 8.7% during the forecast period of 2025 to 2030.
Report Includes
- 55 data tables and 53 additional tables
- An analysis of the global markets for patient monitoring devices
- Analyses of the global market trends, with historic sales revenue data from 2022 to 2024, estimates for 2025, and projected CAGRs through 2030
- Estimates of the market’s size and revenue prospects, accompanied by a market share analysis based on product (device) type, connectivity type, end user and region
- Facts and figures pertaining to market dynamics, technological advancements, regulations, prospects, and the impacts of macroeconomic variables
- Insights derived from the Porter’s Five Forces model, global supply chain analyses and case studies
- Emphasis on the increasingly stringent government regulations as well as the increasing adoption of miniaturized multi-sensing devices in chronic disease management and self-health management
- An analysis of patents, emerging trends and new developments in the industry
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Analysis of the industry structure, including companies’ market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
- Profiles of the leading companies, including GE HealthCare, F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., Medtronic, and Abbott
Report Scope
This report provides an overview of the global patient monitoring device market and analyzes its trends. It covers a range of products, some of which are disease-specific, and others that are used for all patients.
The report includes global revenue ($ millions), with 2024 as the base year, estimates for 2025 and forecasts through 2030. The market is segmented based on device connectivity, product type, end user and region. The regions covered in this study are North America, Europe, Asia-Pacific, South America and the Middle East and Africa, with a focus on major countries in each region.
The report focuses on the significant trends and challenges that affect the market and vendor landscape. It analyzes environmental, social and corporate governance (ESG) developments and discusses patents and emerging technologies related to the market.
The market analysis covers the distribution of patient monitoring devices to various end users, including hospitals, home care, medical practitioners and clinics, diagnostic centers and laboratories, primary healthcare and community healthcare centers and others.
The report concludes with an analysis of the competitive landscape, which provides the ranking/share of key businesses in the global patient monitoring devices market. There is also a dedicated section of company profiles that covers details of leading businesses, such as Abbott, GE HealthCare, Medtronic, Nihon Kohden Corp., Omron Corp., Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd., Drägerwerk AG & Co. KGaA, Natus Medical, Schiller AG, Nova Biomedical and Boston Scientific Corp.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Dr. Marianna Tcherpakov has more than 10 years of experience as a bench scientist specializing in the areas of biochemistry, cell biology, assay development, antibody and drug manufacturing. She has authored several scientific publications in peer review journals. In the last 10 years, Marianna worked as a business development professional in CRO/CDMO industry. She is familiar with pharmaceutical and biotech landscape, trends and potential future developments in industry.
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Report Highlights
The global patient monitoring devices market should reach $42.7 billion by 2022 and more than $65.4 billion by 2027, with a compound annual growth rate (CAGR) of 8.9% during the forecast period of 2022-2027.
Report Includes
- 54 data tables and 24 additional tables
- A comprehensive overview of the global market for patient monitoring devices within the healthcare industry
- Estimation of the market size and analyses of market trends, with data from 2020, 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the market potential for patient monitoring devices by product types, device categories and end users
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
- Company profiles of major players within the industry, including Abbott Laboratories, Bayer Healthcare AG, GE Healthcare, Medtronic and Philips Healthcare
Report Highlights
The global market for patient monitoring device will grow from $20.3 billion in 2018 to $25.9 billion by 2023 at a compound annual growth rate (CAGR) of 5.0% for the period of 2018-2023.
Report Includes
- 45 data tables and 35 additional tables
- A comprehensive overview of the global market for patient monitoring devices within the healthcare industry
- Country specific data and analysis for United States, Canada, France, Germany, U.K., Spain, China, India, Japan, Middle East and Africa
- Market breakdown for patient monitoring devices by product types, device categories and end users
- Elaboration on the influence of government regulations, technological updates, and the economic factors that affect the growth of the market
- Analyses of the global market trends, strategies, and recommendations in providing the quantitative assessment of the market that can help manufacturers and suppliers understand the growth potential of different market segments
- Company profiles of major players in the market, including Abbott Laboratories, Bayer Healthcare AG, Cardiac Science Corp., Edwards Lifesciences Corp., GE Healthcare, Honeywell International Inc., Medtronic, Omron Corp., Philips Healthcare, Roche Diagnostics, and Siemens Healthcare Inc.
Report Highlights
The global patient monitoring device market reached $15.9 billion and $16.9 billion in 2014 and 2015 respectively. The market should reach $23.8 billion in 2020, increasing at a compound annual growth rate (CAGR) of 7.1% from 2015 to 2020.
Report Includes
- An overview of the global market for patient monitoring devices, accessories, and consumables that are used to measure, display, and document physiological information obtained at regular intervals over time from sensors attached to the patient or other input devices.
- Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- Examination of the market for patient monitoring devices and related equipment by application (e.g., intensive care, neonatal/pediatric care), product type (central monitoring stations, portable bedside monitors, wireless/telemetry monitors), and target markets (hospitals, long-term care facilities, and individual consumers).
- Discussion of promising new technologies and products still in the development and testing stages that are likely to be commercialized successfully in the next five years.
- Profiles of major players in the industry.
Report Highlights
The global patient monitoring device (PMD) market is expected to grow from nearly $14.7 billion in 2013 to reach nearly $21.0 billion in 2018, a compound annual growth rate (CAGR) of 7.4% for the period of 2013 to 2018.
Report Includes
- An overview of the global market for patient monitoring devices, accessories, and consumables that are used to measure, display, and document physiological information obtained at regular intervals over time from sensors attached to the patient or other input devices.
- Analyses of global market trends, with data from 2012, estimates for 2013, and projections of compound annual growth rates (CAGRs) through 2018.
- Examination of the market for patient monitoring devices and related equipment by application (e.g., intensive care, neonatal/pediatric care), product type (central monitoring stations, portable bedside monitors, wireless/telemetry monitors), and target markets (hospitals, long-term care facilities, and individual consumers).
- Discussion of promising new technologies and products still in the development and testing stages that are likely to be commercialized successfully in the next five years.
- Comprehensive company profiles of major players in the industry.
Report Highlights
- The U.S. market for patient monitoring devices, accessories, and consumables was worth nearly $6.2 billion in 2007. The market is projected to grow to almost $6.5 billion in 2008 and $8.6 billion by 2013, representing a compound annual growth rate (CAGR) of 5.7%.
- The monitoring devices segment has the largest share of the market, worth $3.6 billion in 2007 and an estimated $3.8 billion in 2008. This is expected to grow at a CAGR of 6.2% to reach $5.1 billion in 2013.
- Disposable sensors and other consumables generated $2.6 billion in 2007. This should increase to $2.7 billion in 2008 and $3.4 billion in 2013, for a CAGR of 5.1%.
Report Highlights
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The U.S. market for patient monitoring devices and related consumable supplies such as disposable sensors was worth an estimated $4.3 billion in 2005. The market is projected to grow to $4.6 billion in 2006 and $6.3 billion by 2011, an AAGR of 6.7%.
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The home-care market has the highest projected growth rate of any market segment (i.e., an average of 13.8% between 2006-2011). Other segments with relatively high growth rates include progressive care/cardio-pulmonary rehabilitation (4.8%) and long term/non-acute care (4.0%).
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Across the market, there has been a noticeable trend away from bedside and tabletop monitors, towards hand-held and wearable monitors. With a projected growth rate of 12.8%, the market for hand-held and wearable monitors is expected to grow from $1 billion in 2005 (46% of the market, excluding consumables) to over $2 billion (59%) in 2011.
Report Highlights
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The U.S. market will rise to $4.3 billion by 2008, at an average annual growth rate (AAGR) of 8.1%.
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The home care market has the highest growth rate of any market segment.
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Averaging 11.7%/year, the handheld monitor market will reach $1.6 billion in 2008.
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The phone or wireless telemetry monitor market will reach $405 million in 2008.
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