PUBLISHER: The Business Research Company | PRODUCT CODE: 1694772
PUBLISHER: The Business Research Company | PRODUCT CODE: 1694772
Physiological monitors are devices designed to track and measure vital signs or bodily functions, serving as tools to assess and monitor an individual's health status. These monitors play a crucial role in providing real-time information to clinicians by continuously tracking vital sign parameters. They utilize alarms to alert healthcare professionals of any changes in a patient's condition, facilitating early detection of vital sign deterioration.
Physiological monitors come in various forms, including hemodynamic monitoring devices, neuromonitoring devices, cardiac monitoring devices, respiratory monitoring devices, and others. Hemodynamic monitoring devices are specifically designed medical tools used for monitoring blood pressure, blood volume, and fluid balance to assess a patient's cardiovascular function. These devices find applications in diverse medical fields such as cardiology, neurology, respiratory care, fetal and neonatal monitoring, weight management, and fitness monitoring. They are employed in various healthcare settings, including hospitals, clinics, and other medical facilities.
The physiological monitors market research report is one of a series of new reports from The Business Research Company that provides physiological monitors market statistics, including physiological monitors industry global market size, regional shares, competitors with a physiological monitors market share, detailed physiological monitors market segments, market trends and opportunities, and any further data you may need to thrive in the physiological monitors industry. This physiological monitors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The physiological monitors market size has grown rapidly in recent years. It will grow from $103.11 billion in 2024 to $115.05 billion in 2025 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to aging population, chronic disease management, patient-centric healthcare, integration with electronic health records (EHR), iot and connectivity.
The physiological monitors market size is expected to see rapid growth in the next few years. It will grow to $176.77 billion in 2029 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to ai and data analytics integration, focus on preventive healthcare, telehealth expansion, home healthcare trends, global health challenges. Major trends in the forecast period include wearable technology adoption, technological miniaturization, remote patient monitoring, advancements in healthcare technology, non-invasive monitoring technologies.
The increasing prevalence of chronic diseases is expected to drive the growth of the physiological monitors market in the coming years. A chronic disease is a health condition that persists for at least a year, with long-lasting symptoms. Physiological monitors play a crucial role in managing chronic diseases by providing real-time health data, which supports timely interventions and personalized care for individuals with chronic conditions. For example, in January 2023, the National Institutes of Health, a US-based government agency, projected that by 2035, 35.66% (with a range of 33.36-36.04) of adults aged 50 and older will have at least one chronic condition, and this figure is expected to increase to 47.81% (range: 46.09-49.71) by 2050. As a result, the rising prevalence of chronic diseases is driving the growth of the physiological monitors market.
Prominent companies in the physiological monitors market are intensifying their focus on developing advanced solutions, including wireless patient monitoring systems, to establish a competitive advantage. Wireless patient monitoring systems represent a technological breakthrough, eliminating the need for wires or cables in continuously monitoring vital signs such as blood pressure, heart rate, and oxygen levels. In June 2022, GE Healthcare Technologies Inc., a U.S.-based medical technology company, introduced Portrait Mobile, a system designed to aid clinicians in early detection of patient deterioration and enhance patient outcomes. Utilizing wearable sensors placed on the patient's body, Portrait Mobile collects data on vital signs, offering continuous monitoring to help clinicians swiftly identify changes in a patient's condition.
In January 2022, Boston Scientific, a US-based medical device manufacturer, acquired Preventice Solutions Inc. for $925 million. This acquisition is expected to enhance Boston Scientific's remote monitoring capabilities by integrating a comprehensive range of mobile cardiac health solutions, including both short- and long-term Holter monitors. Preventice Solutions Inc. is a US-based provider of mobile health solutions and remote monitoring systems, such as ambulatory cardiac monitors.
Major companies operating in the physiological monitors market report are F. Hoffmann-La Roche Ltd., Panasonic Corporation, Abbott Laboratories, Honeywell International Inc., Medtronic PLC, Siemens Healthineers, Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company (BD), Philips Healthcare, General Electric Company (GE Healthcare), Baxter International Inc., Boston Scientific Corporation, OMRON Healthcare Co. Ltd., Edwards Lifesciences Corporation, Mindray Medical International Ltd., Smiths Medical, Hill-Rom Holdings Inc., Masimo Corporation, Nihon Kohden Corporation, OSI Systems Inc., Spacelabs Healthcare, Kontron AG, Welch Allyn, Natus Medical Incorporated, A&D Company Limited, Owlet Baby Care, Nonin Medical Inc., CAS Medical Systems Inc.
North America was the largest region in the physiological monitors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physiological monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the physiological monitors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The physiological monitors market consists of sales of products such as fitness trackers, portable ECG monitors, finger pulse oximeters, digital thermometers, wearable sleep trackers, and blood glucose meters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Physiological Monitors Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on physiological monitors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for physiological monitors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The physiological monitors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.