Global Patient Monitoring Devices
Market Report
2025
Patient Monitoring Devices Market size is USD 42.3 Billion in 2024 and will expand at a compound annual growth rate (CAGR) of 9.10% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global patient monitoring devices market size is USD 42.3 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Patient Monitoring Devices Market Sales Revenue | $ 38.122 Billion | $ 51.1 Billion | $ 91.816 Billion | 7.6% |
North America Patient Monitoring Devices Market Sales Revenue | $ 14.982 Billion | $ 19.52 Billion | $ 32.962 Billion | 6.768% |
United States Patient Monitoring Devices Market Sales Revenue | $ 11.641 Billion | $ 14.992 Billion | $ 24.721 Billion | 6.452% |
Canada Patient Monitoring Devices Market Sales Revenue | $ 2.367 Billion | $ 3.162 Billion | $ 5.571 Billion | 7.334% |
Mexico Patient Monitoring Devices Market Sales Revenue | $ 0.974 Billion | $ 1.366 Billion | $ 2.67 Billion | 8.734% |
Europe Patient Monitoring Devices Market Sales Revenue | $ 10.331 Billion | $ 13.695 Billion | $ 23.872 Billion | 7.193% |
United Kingdom Patient Monitoring Devices Market Sales Revenue | $ 1.849 Billion | $ 2.383 Billion | $ 3.867 Billion | 6.24% |
Germany Patient Monitoring Devices Market Sales Revenue | $ 2.128 Billion | $ 2.766 Billion | $ 4.607 Billion | 6.584% |
France Patient Monitoring Devices Market Sales Revenue | $ 1.446 Billion | $ 1.876 Billion | $ 3.008 Billion | 6.078% |
Italy Patient Monitoring Devices Market Sales Revenue | $ 0.981 Billion | $ 1.301 Billion | $ 2.196 Billion | 6.764% |
Russia Patient Monitoring Devices Market Sales Revenue | $ 0.837 Billion | $ 1.123 Billion | $ 2.005 Billion | 7.517% |
Spain Patient Monitoring Devices Market Sales Revenue | $ 0.764 Billion | $ 1.068 Billion | $ 2.077 Billion | 8.666% |
Sweden Patient Monitoring Devices Market Sales Revenue | $ 0.527 Billion | $ 0.685 Billion | $ 1.17 Billion | 6.923% |
Denmark Patient Monitoring Devices Market Sales Revenue | $ 0.568 Billion | $ 0.808 Billion | $ 1.623 Billion | 9.112% |
Switzerland Patient Monitoring Devices Market Sales Revenue | $ 0.393 Billion | $ 0.548 Billion | $ 1.074 Billion | 8.783% |
Luxembourg Patient Monitoring Devices Market Sales Revenue | $ 0.227 Billion | $ 0.288 Billion | $ 0.477 Billion | 6.541% |
Rest of Europe Patient Monitoring Devices Market Sales Revenue | $ 0.61 Billion | $ 0.849 Billion | $ 1.767 Billion | 9.59% |
Asia Pacific Patient Monitoring Devices Market Sales Revenue | $ 8.387 Billion | $ 11.906 Billion | $ 23.964 Billion | 9.137% |
China Patient Monitoring Devices Market Sales Revenue | $ 2.893 Billion | $ 4.227 Billion | $ 8.819 Billion | 9.629% |
Japan Patient Monitoring Devices Market Sales Revenue | $ 1.736 Billion | $ 2.346 Billion | $ 4.29 Billion | 7.838% |
India Patient Monitoring Devices Market Sales Revenue | $ 0.948 Billion | $ 1.417 Billion | $ 3.139 Billion | 10.456% |
South Korea Patient Monitoring Devices Market Sales Revenue | $ 0.746 Billion | $ 1.036 Billion | $ 1.989 Billion | 8.497% |
Australia Patient Monitoring Devices Market Sales Revenue | $ 0.654 Billion | $ 0.893 Billion | $ 1.701 Billion | 8.392% |
Singapore Patient Monitoring Devices Market Sales Revenue | $ 0.21 Billion | $ 0.274 Billion | $ 0.503 Billion | 7.903% |
South East Asia Patient Monitoring Devices Market Sales Revenue | $ 0.805 Billion | $ 1.155 Billion | $ 2.348 Billion | 9.277% |
Taiwan Patient Monitoring Devices Market Sales Revenue | $ 0.235 Billion | $ 0.31 Billion | $ 0.575 Billion | 8.051% |
Rest of APAC Patient Monitoring Devices Market Sales Revenue | $ 0.159 Billion | $ 0.25 Billion | $ 0.599 Billion | 11.542% |
South America Patient Monitoring Devices Market Sales Revenue | $ 2.135 Billion | $ 2.913 Billion | $ 5.417 Billion | 8.065% |
Brazil Patient Monitoring Devices Market Sales Revenue | $ 0.877 Billion | $ 1.232 Billion | $ 2.405 Billion | 8.721% |
Argentina Patient Monitoring Devices Market Sales Revenue | $ 0.38 Billion | $ 0.518 Billion | $ 0.959 Billion | 7.989% |
Colombia Patient Monitoring Devices Market Sales Revenue | $ 0.303 Billion | $ 0.417 Billion | $ 0.796 Billion | 8.438% |
Peru Patient Monitoring Devices Market Sales Revenue | $ 0.192 Billion | $ 0.253 Billion | $ 0.439 Billion | 7.104% |
Chile Patient Monitoring Devices Market Sales Revenue | $ 0.196 Billion | $ 0.259 Billion | $ 0.455 Billion | 7.287% |
Rest of South America Patient Monitoring Devices Market Sales Revenue | $ 0.186 Billion | $ 0.233 Billion | $ 0.363 Billion | 5.696% |
Middle East Patient Monitoring Devices Market Sales Revenue | $ 1.334 Billion | $ 1.789 Billion | $ 3.397 Billion | 8.35% |
Saudi Arabia Patient Monitoring Devices Market Sales Revenue | $ 0.5 Billion | $ 0.678 Billion | $ 1.311 Billion | 8.598% |
Turkey Patient Monitoring Devices Market Sales Revenue | $ 0.266 Billion | $ 0.359 Billion | $ 0.7 Billion | 8.683% |
UAE Patient Monitoring Devices Market Sales Revenue | $ 0.202 Billion | $ 0.266 Billion | $ 0.482 Billion | 7.7% |
Egypt Patient Monitoring Devices Market Sales Revenue | $ 0.203 Billion | $ 0.27 Billion | $ 0.493 Billion | 7.802% |
Qatar Patient Monitoring Devices Market Sales Revenue | $ 0.084 Billion | $ 0.118 Billion | $ 0.245 Billion | 9.535% |
Rest of Middle East Patient Monitoring Devices Market Sales Revenue | $ 0.079 Billion | $ 0.097 Billion | $ 0.166 Billion | 7.042% |
Africa Patient Monitoring Devices Market Sales Revenue | $ 0.953 Billion | $ 1.278 Billion | $ 2.204 Billion | 7.052% |
Nigeria Patient Monitoring Devices Market Sales Revenue | $ 0.274 Billion | $ 0.372 Billion | $ 0.657 Billion | 7.371% |
South Africa Patient Monitoring Devices Market Sales Revenue | $ 0.389 Billion | $ 0.51 Billion | $ 0.84 Billion | 6.436% |
Rest of Africa Patient Monitoring Devices Market Sales Revenue | $ 0.291 Billion | $ 0.396 Billion | $ 0.707 Billion | 7.52% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Patient Monitoring Devices industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Patient Monitoring Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Patient monitoring devices are a form of medical equipment that keeps an eye on patients throughout both small and large surgeries in order to catch any problems early. The use of these devices allows for remote patient monitoring and the preservation of patient records. These gadgets reliably collect and display physiological data of patients with a variety of conditions, including diabetes and cardiovascular disorders, so that clinicians may take precise and rapid action. The development of wireless technology has also made it possible to monitor patients' physical aspects with these gadgets remotely. Prolonged illnesses are on the rise as a result of changes in lifestyle, an aging population, and a preference for remote monitoring equipment. These factors are expected to generate demand for patient monitoring systems.
Increasing Chronic Diseases- The rising prevalence of chronic diseases, such as diabetes, among the general population, cardiovascular disease, and kidney disease, is expected to drive the demand for patient monitoring equipment. Because chronic diseases are becoming more common, there is a growing demand for round-the-clock monitoring of patient's vital signs and health indices. Healthcare providers can now remotely monitor their patients' states via patient monitoring devices. This allows for faster interventions, which improves illness management and overall results. Medical professionals are motivated to purchase advanced monitoring systems due to healthcare providers' advantageous reimbursement policies for such services, which is fueling the market's expansion.
The technology's high price tag and patients' general lack of knowledge are limiting factors in the market's expansion. Problems with reimbursement and government regulations may impede the expansion of the patient monitoring devices industry.
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In March 2024, GE Healthcare, a world leader in healthcare IT, pharmaceutical diagnostics, and digital solutions, pledged to invest more than INR8,000 Crores in local R&D and manufacturing over the next five years. With a substantial share of the healthcare market (80%) and high investment interest both domestically and abroad, the medical technology (MedTech) business in India is booming and poised for explosive growth.
(Source:https://www.gehealthcare.in/about/newsroom/press-releases/wipro-ge-healthcare-announces-investment-of-over-inr8000-crores-in-manufacturing-output-local-rd-over-next-5-years)
Top Companies Market Share in Patient Monitoring Devices Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the patient monitoring devices market due to the region's robust healthcare infrastructure, the strong market presence of key businesses, the increasing prevalence of chronic disorders, and the growing amount of research initiatives.
Asia-Pacific stands out as the fastest-growing region in the patient monitoring devices market because there have been more government campaigns to raise awareness, more people are seeking medical treatment abroad, more people are conducting research in the area, there are huge untapped markets, a big population, and a rising demand for high-quality healthcare.
The current report Scope analyzes Patient Monitoring Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Patient Monitoring Devices Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Patient Monitoring Devices Industry growth. Patient Monitoring Devices market has been segmented with the help of its Product, End User , and others. Patient Monitoring Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Blood glucose monitoring systems are the dominant category. The fast rise in the number of people requiring continuous monitoring of their blood sugar level has led to a surge in demand for patient monitoring devices, one of which is the blood glucose monitoring device.
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This report analyzes revenue growth in the {Keyword} market across global, regional, and national levels, highlighting trends and opportunities for each application. It examines how sectors like diagnostics, therapy, and monitoring utilize devices to meet healthcare needs. Key factors include market size, revenue contributions, technological innovations (e.g., AI diagnostics), and regulatory considerations. The report also covers the value chain, identifying key players and processes within the industry. (For more information, please request a sample or contact our research team)
Some of the key End User of Patient Monitoring Devices are:
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Patient Monitoring Devices Market is witnessing significant growth in the near future.
In 2023, the Blood Glucose Monitoring Systems segment accounted for noticeable share of global Patient Monitoring Devices Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Abbott Laboratories (US) , Drägerwerk AG & Co. KGaA (Germany) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Product | Blood Glucose Monitoring Systems, Cardiac Monitoring Devices, Multi-parameter Monitoring Devices, Respiratory Monitoring Devices, Temperature Monitoring Devices, Hemodynamic/Pressure Monitoring Devices, Fetal & Neonatal Monitoring Devices, Neuromonitoring Devices, Weight Monitoring Devices, Other Patient Monitoring Devices |
End User | Hospitals, Ambulatory Surgery Centers, Home Care Settings, Other End Users |
List of Competitors | Abbott Laboratories (US), HILL-ROM HOLDINGS INC. (US), Drägerwerk AG & Co. KGaA (Germany), Edwards Lifesciences Corporation (US), OMRON Corporation (Japan), Masimo Corporation (US), Compumedics Limited (Australia), Shenzhen Mindray Bio-Medical Electronics Co. Ltd. (China), Nihon Kohden Corporation (Japan), Natus Medical (US), Medtronic plc (Ireland), Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Getinge AB (Sweden), Boston Scientific Corporation (US), Dexcom Inc. (US), Nonin (US), BIOTRONIK (Germany), SCHILLER (Switzerland), BioTelemetry Inc |
This chapter will help you gain GLOBAL Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review Global Patient Monitoring Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review North America Patient Monitoring Devices Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review Europe Patient Monitoring Devices Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review Asia Pacific Patient Monitoring Devices Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review South America Patient Monitoring Devices Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review Middle East Patient Monitoring Devices Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Patient Monitoring Devices. Further deep in this chapter, you will be able to review Middle East Patient Monitoring Devices Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Patient Monitoring Devices. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Patient Monitoring Devices market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
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Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
Charts/Graphs/Numbers are only for Representative purposes and do not depict actual statistics purchase report access or contact our team Request Sample.
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Why Blood Glucose Monitoring Systems have a significant impact on Patient Monitoring Devices market? |
What are the key factors affecting the Blood Glucose Monitoring Systems and Cardiac Monitoring Devices of Patient Monitoring Devices Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Patient Monitoring Devices Market? |
Which region is expected to dominate the global Patient Monitoring Devices Market within the forecast period? |
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