Patient Monitoring Devices Market worth $122.89 billion by 2030, growing at a CAGR of 13.30% - Exclusive Report by 360iResearch

The "Patient Monitoring Devices Market by Product (Blood Glucose Monitoring Systems, Cardiac Monitoring Devices, Fetal & Neonatal Monitoring Devices), End User (Ambulatory Surgery Centers, Home Care Settings, Hospitals) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Patient Monitoring Devices Market to grow from USD 51.24 billion in 2023 to USD 122.89 billion by 2030, at a CAGR of 13.30%.

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Patient monitoring devices are medical apparatuses and systems that are used to observe, measure, and record patients' physiological parameters over time. These devices are essential in healthcare settings as they enable medical professionals to continuously monitor the health status of patients, assess the effectiveness of treatments, and make informed decisions regarding medical care. An increase in health consciousness among patients is driving the demand for wearable and remote patient monitoring devices. In addition, supportive government policies and funding for healthcare IT solutions propel the market forward. However, concerns over the protection of sensitive health information can affect the adoption of remote patient monitoring systems. Furthermore, innovations in wireless technology and telemedicine present significant opportunities for the market of patient monitoring devices. Development of non-invasive monitoring technologies that offer greater comfort and ease of use for continuous monitoring.

The patient monitoring devices market in the Americas is characterized by high adoption rates of advanced technologies, driven by a well-established healthcare infrastructure and favorable reimbursement policies. The United States represents a significant market due to an aging population, the prevalence of chronic diseases, and a strong presence of key market players. South America shows growing potential attributed to increasing healthcare investments and initiatives to modernize medical facilities. The EMEA region showcases diversity in the patient monitoring devices market, with Western Europe being highly mature, whereas Africa and parts of the Middle East present opportunities for growth. An increasing elderly population in Europe, health infrastructure developments in the Middle East, and a rise in awareness of remote monitoring solutions are key factors driving the market across this region. The APAC region is rapidly expanding within the patient monitoring devices sector due to its large population base, increasing healthcare expenditure, and rising need for quality healthcare services. Countries such as China, Japan, and India are witnessing a proliferation of advanced monitoring technologies, particularly for managing chronic diseases.

Market Segmentation & Coverage:

This research report categorizes the Patient Monitoring Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Blood Glucose Monitoring Systems, Cardiac Monitoring Devices, Fetal & Neonatal Monitoring Devices, Hemodynamic/Pressure Monitoring Devices, Multi-parameter Monitoring Devices, Neuromonitoring Devices, Respiratory Monitoring Devices, Temperature Monitoring Devices, and Weight Monitoring Devices. The Blood Glucose Monitoring Systems is further studied across Continuous Glucose Monitoring Systems and Self-monitoring Blood Glucose Systems. The Cardiac Monitoring Devices is further studied across ECG Devices, Event Monitors, Implantable Loop Recorders, Mobile Cardiac Telemetry Monitors, and Smart/Wearable ECG Monitors. The Fetal & Neonatal Monitoring Devices is further studied across Fetal Monitoring Devices and Neonatal Monitoring Devices. The Hemodynamic/Pressure Monitoring Devices is further studied across Blood Pressure Monitors, Disposables, and Hemodynamic Monitors. The Multi-parameter Monitoring Devices is further studied across High-acuity Monitoring Devices, Low-acuity Monitoring Devices, and Mid-acuity Monitoring Devices. The Neuromonitoring Devices is further studied across Cerebral Oximeters, Electroencephalograph Machines, Electromyography Machines, Intracranial Pressure Monitors, Magnetoencephalography Machines, and Transcranial Doppler Machines. The Respiratory Monitoring Devices is further studied across Capnographs, Peak Flow Meters, Pulse Oximeters, and Spirometers. The Temperature Monitoring Devices is further studied across Handheld Temperature Monitoring Devices, Invasive Temperature Monitoring Devices, Smart Temperature Monitoring Devices, Table-top Temperature Monitoring Devices, and Wearable Continuous Monitoring Devices. The Weight Monitoring Devices is further studied across Analog and Digital. The Blood Glucose Monitoring Systems commanded largest market share of 18.94% in 2023, followed by Cardiac Monitoring Devices.

Based on End User, market is studied across Ambulatory Surgery Centers, Home Care Settings, and Hospitals. The Hospitals commanded largest market share of 67.36% in 2023, followed by Home Care Settings.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.63% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Patient Monitoring Devices Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Patient Monitoring Devices Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Patient Monitoring Devices Market, highlighting leading vendors and their innovative profiles. These include 100 Plus by ConnectAmerica.com, LLC, Abbott Laboratories, AliveCor, Inc., BIOTRONIK SE & Co KG, Boston Scientific Corporation, Cardiomo Care Inc. by Delaware corporation, ChroniSense Medical, Ltd., Compumedics Limited, Dexcom, Inc., Drägerwerk AG & Co. KGaA, Edwards Lifesciences Corporation, Fisher & Paykel Healthcare Corporation Limited, GE HealthCare Technologies Inc., Getinge AB, Hill-Rom Holdings, Inc. by Baxter International Inc., Koninklijke Philips N.V., Masimo Corporation, Medtronic PLC, Mindray Medical International Limited, Natus Medical Incorporated, Nihon Kohden Corporation, Nonin Medical, Inc., Omron Corporation, Pylo Health, Schiller AG, and Stryker Corporation.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Patient Monitoring Devices Market, by Product
7. Patient Monitoring Devices Market, by End User
8. Americas Patient Monitoring Devices Market
9. Asia-Pacific Patient Monitoring Devices Market
10. Europe, Middle East & Africa Patient Monitoring Devices Market
11. Competitive Landscape
12. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Patient Monitoring Devices Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Patient Monitoring Devices Market?
3. What is the competitive strategic window for opportunities in the Patient Monitoring Devices Market?
4. What are the technology trends and regulatory frameworks in the Patient Monitoring Devices Market?
5. What is the market share of the leading vendors in the Patient Monitoring Devices Market?
6. What modes and strategic moves are considered suitable for entering the Patient Monitoring Devices Market?

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