Global Patient Monitoring Device Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Patient Monitoring Device Market is presumed to reach the market size of nearly USD 96.98 Billion by 2032 from USD 54.1 Billion in 2023 with a CAGR of 6.7% under the study period 2024 - 2032.

Patient monitoring devices are able to monitor blood pressure, oxygen saturation, temperature, pulse, pain, urine output, level of consciousness, and respiration rate. The aforementioned parameters are monitored to analyze the health of patients. Patient monitoring devices are utilized during major and minor surgeries to examine the patient's body functions and related complications. Nowadays, owing to the technological advancements in wireless technology these devices can also remotely monitor the physiological parameters of patients. These devices are an essential part of hospitals and clinics as they help medical examiners to determine the intensity of a disease. Moreover, patient monitoring devices are able to detect and monitor the health conditions of patients suffering from diabetes and cardiovascular diseases.

Market Dynamics

Growing incidences of chronic diseases owing to lifestyle changes coupled with rise in geriatric population and increasing preference for home and remote monitoring, fuels the patient monitoring devices market growth. According to the research study by World Health Organization, it is estimated that 17.9 million people died from cardiovascular diseases in 2016 globally. 85% of these deaths are due to stroke and heart attacks. Two out of three people in retirement age are anticipated to suffer from two chronic conditions, according to the study by World Health Organization.

Growing frequency of chronic and cardiovascular diseases is attributed to the aging society coupled with change in lifestyle preferences including smoking, alcohol consumption, unhealthy diet and sedentary lifestyles. WHO research reveals that total cardiovascular disease population is expected to increase in the future, if no actions are taken to inhibit the increasing chronic disease cases. According to European Commission, 70% of the health care budges are spent on chronic disease in the European region. Patient monitoring devices can identify and detect minute differences in the patient's physiological data, thereby promoting self monitoring. Therefore, increasing incidents of chronic diseases and government initiatives to eliminate its growth propels the global patient monitoring accessories market growth. However, high cost of these technologies negatively impacts the market progression. The technological advancements and innovation in the devices is expected to enhance the opportunities for the market in the coming years.

The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of patient monitoring device.

Market Segmentation

The study offers a decisive view of the global patient monitoring device market by segmenting it terms of product and end-user. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.

By Product

Blood Glucose Monitoring Systems (Self-monitoring Blood Glucose Systems, Continuous Glucose Monitoring Systems)
Cardiac Monitoring Devices (ECG Devices, Implantable Loop Recorders, Event Monitors, Mobile Cardiac Telemetry Monitors, Smart/Wearable ECG Monitors)
Multi-parameter Monitoring Devices (Low-acuity, Mid-acuity, High-acuity)
Respiratory (Pulse Oximeters, Spirometers, Capnographs, Peak Flow Meters)
Temperature Monitoring Devices (Handheld Temperature, Table-top Temperature, Wearable Continuous, Invasive Temperature, Smart Temperature)
Hemodynamic/Pressure (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
Ambulatory Surgery Centers
Home Care Settings
Other
Regional Analysis

This section covers patient monitoring device market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global patient monitoring device market along with the individual application segment across all the prominent region.

This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Patient Monitoring Device market are Bosch, Biotronik, Intel, Welch Allyn, Health anywhere Inc., Koninklijke Philips N.V., GE Healthcare, Medtronic, Masimo Corporation, Smiths Medical. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11211448

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. PATIENT MONITORING DEVICE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By End-use
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL PATIENT MONITORING DEVICE MARKET ANALYSIS BY PRODUCT

5.1. Overview By Product
5.2. Historical and Forecast Data
5.3. Analysis By Product
5.4. Blood Glucose Monitoring Systems (Self-monitoring Blood Glucose Systems, Continuous Glucose Monitoring Systems) Historic and Forecast Sales By Regions
5.5. Cardiac Monitoring Devices (ECG Devices, Implantable Loop Recorders, Event Monitors, Mobile Cardiac Telemetry Monitors, Smart/Wearable ECG Monitors) Historic and Forecast Sales By Regions
5.6. Multi-parameter Monitoring Devices (Low-acuity, Mid-acuity, High-acuity) Historic and Forecast Sales By Regions
5.7. Respiratory (Pulse Oximeters, Spirometers, Capnographs, Peak Flow Meters) Historic and Forecast Sales By Regions
5.8. Temperature Monitoring Devices (Handheld Temperature, Table-top Temperature, Wearable Continuous, Invasive Temperature, Smart Temperature) Historic and Forecast Sales By Regions
5.9. Hemodynamic/Pressure (Hemodynamic Monitors, Blood Pressure Monitors, Disposables) Historic and Forecast Sales By Regions
5.10. Fetal & Neonatal Monitoring Devices (Fetal Monitoring Devices, Neonatal Monitoring Devices) Historic and Forecast Sales By Regions
5.11. Neuromonitoring Devices (Electroencephalograph Machines, Electromyography Machines, Cerebral Oximeters, Intracranial Pressure Monitors, Magnetoencephalograph Machines, Transcranial Doppler Machines) Historic and Forecast Sales By Regions
5.12. Weight Monitoring Devices (Digital, Analog) Historic and Forecast Sales By Regions
5.13. Other Patient Monitoring Devices Historic and Forecast Sales By Regions

6. GLOBAL PATIENT MONITORING DEVICE MARKET ANALYSIS BY END-USE

6.1. Overview By End-use
6.2. Historical and Forecast Data
6.3. Analysis By End-use
6.4. Hospitals Historic and Forecast Sales By Regions
6.5. Ambulatory Surgery Centers Historic and Forecast Sales By Regions
6.6. Home Care Settings Historic and Forecast Sales By Regions
6.7. Other Historic and Forecast Sales By Regions

7. GLOBAL PATIENT MONITORING DEVICE MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE PATIENT MONITORING DEVICE COMPANIES

8.1. Patient Monitoring Device Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF PATIENT MONITORING DEVICE INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Bosch
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. Biotronik
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. Intel
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. Welch Allyn
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. Health Anywhere Inc.
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
9.8. Koninklijke Philips N.V.
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
9.9. GE Healthcare
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
9.10. Medtronic
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
9.11. Masimo Corporation
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
9.12. Smiths Medical
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies