PUBLISHER: iData Research Inc. | PRODUCT CODE: 1534984
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1534984
In 2023, the European market for patient monitoring equipment was valued at €2.4 billion. This market is projected to grow at a compound annual growth rate (CAGR) of 5.3% during the forecast period, reaching €3.4 billion.
The comprehensive report on the European patient monitoring equipment market covers various segments, including multi-parameter vital signs monitoring, wireless ambulatory telemetry, remote patient monitoring, intracranial pressure (ICP) monitoring, electromyogram (EMG) monitoring, electroencephalogram (EEG) monitoring, cerebral oximetry monitoring, fetal and neonatal monitoring, pulse oximetry monitoring, cardiac output (CO) monitoring, blood pressure monitoring, electrocardiogram (ECG) monitoring, and temperature management.
Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2030, and Historical Data to 2020
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Procedure Volumes
Company Profiles, Product Portfolios and SWOT for Top Competitors
Market Dynamics
The increasing elderly population and rising environmental and chemical stressors have led to a steady surge in chronic illnesses, including heart disease, obesity, diabetes, high cholesterol, and high blood pressure. These conditions are becoming more prevalent even among younger individuals. As a result, there is a growing demand for patient monitoring and diagnostic equipment, which is driving investments in both capital equipment and disposables. Ease of use, accuracy, and affordability are becoming crucial factors in the development of products within the remote patient monitoring market.
Europe Patient Monitoring Market Share Insights
Among the 140+ patient monitoring companies analyzed, the European market is primarily dominated by three major players: Philips Healthcare, Medtronic, and Tunstall.
Top Europe Patient Monitoring Companies
In 2023, Philips Healthcare led the European patient monitoring equipment market. They introduced the Rapid Equipment Deployment Kit in April 2020 to support ICU expansions during the COVID-19 pandemic. This kit combines Philips's advanced monitoring technology with predictive algorithms to enable rapid scaling of critical care monitoring.
GE Healthcare held the second-largest market share in 2023, excelling in multi-parameter vital signs, wireless telemetry, fetal and neonatal, blood pressure, and ECG monitoring. GE was particularly strong in the ECG market with its MAC product line.
Tunstall, a telehealth pioneer for over 60 years, supports more than five million people globally. Their Lifeline Smart Hub, a cloud-based IP home unit, connects telehealth solutions via cellular technology, eliminating the need for a landline and offering greater location flexibility.
Market Segmentation Summary
Multi-Parameter Vital Signs Monitoring Market - Includes:
Low-acuity, mid-acuity and high-acuity patient monitors in addition to the associated central stations.
Wireless Ambulatory Telemetry Monitoring Market - Includes:
Individual patient-worn monitors, as well as the associated central stations that collect data from several monitors throughout a department or hospital unit.
Remote Patient Monitoring Market - Includes:
Both remote monitoring of people with chronic conditions and individuals with CIEDs.
Intracranial Pressure Monitoring Market - Includes:
ICP transducer system market, basic ICP drainage market, advanced ICP monitoring market, and universal ICP disposables market.
Electromyogram Monitoring (EMG) Market - Includes:
Both EMG monitoring devices and EMG consumables.
Electroencephalogram (EEG) Monitoring Market - Includes:
EEG monitors as well as the associated electrodes for EEG monitoring devices.
Cerebral Oximetry Monitoring Market - Includes:
Cerebral oximetry monitors and sensors, encompassing both sensors that are indicated for adults and pediatric patients.
Fetal & Neonatal Monitoring Market - Includes:
Fetal monitors for both antepartum and intrapartum monitoring, in addition to critical care monitors for premature infants.
Pulse Oximetry Monitoring Market - Includes:
Both standalone bedside and handheld monitors, in addition to the associated reusable and disposable sensors and original equipment manufacturer (OEM) device boards.
Cardiac Output Monitoring Market - Includes:
PACs, minimally invasive and non-invasive monitoring devices as well as the sensors associated with each of these modalities.
Blood Pressure Monitoring Market - Includes:
Professional and personal monitoring segments, as well as the blood pressure cuff market.
Electrocardiogram Monitoring Market - Includes:
ECG monitors and ECG electrodes.
Telehealth Market - Includes:
Surface pad temperature management machines and accessories, IVTM machines and accessories and forced-air warming accessories.
TABLE of CONTENTS
List of Figures
List of Charts
executive summary
European Patient Monitoring Equipment Market Overview
Competitive Analysis
Market Trends
Market Developments
Procedure Numbers
Markets Included
Key Report Updates
Version History
research methodology
impact of covid-19 on THE European Patient Monitoring Equipment Market
Product Assessment
European Patient Monitoring Equipment Market Overview
Country Profiles
Procedure Numbers
multi-parameter vital signs monitoring Market
Wireless ambulatory telemetry monitoring Market
Remote patient monitoring Market
Intracranial Pressure monitoring Market
Electromyogram Monitoring Market
Electroencephalogram Monitoring Market
Cerebral oximetry monitoring Market
Fetal and neonatal Monitoring Market
Pulse oximetry monitoring Market
Cardiac Output Monitoring Market
Blood pressure monitoring Market
Electrocardiogram monitoring Market
Temperature management Market
Abbreviations