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Surging Global Digital Health Monitoring Devices Market: Unraveling the Growth Trajectory and Key Market Trends

01-17-2025 10:58 AM CET | IT, New Media & Software

Press release from: The Business research company

Digital Health Monitoring Devices Market

Digital Health Monitoring Devices Market

"Escalating market numbers, the impact of key drivers, and emerging trends paint an optimistic forecast for the digital health monitoring devices market.

What Is The Projected Market Size Of The Global Digital Health Monitoring Devices Market And Its Growth Rate?
- The global digital health monitoring devices market size is expanding, growing from $6.58 billion in 2024 to $7.8 billion in 2025, marking an impressive CAGR of 18.6%. This growth trend is traceable to clinical research, regulatory framework development, and IoT integration.
- The projected market size is set to reach $17.07 billion by 2029, at a CAGR of 21.6%, driven by increasing prevalence of chronic diseases, patient-centric care and self-management, preventive healthcare, and remote diagnostics.

What Is Driving The Growth In The Digital Health Monitoring Devices Market?
The growth in the digital health monitoring devices market is propelled by the rising demand for remote monitoring globally. Remote monitoring devices help to track and monitor patients' health at home and provide data for healthcare professionals for assessment and decision making. According to the Department of Health and Social Care in the UK, an additional 500,000 people could benefit from remote monitoring by March 2023, revealing the high demand trend for such devices.

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Who Are the Key Players Driving Digital Health Monitoring Devices Market Growth?
The digital health monitoring devices market includes robust participation from several keyplayers:
- Philips Healthcare
- Medtronic
- GE Healthcare
- Abbott Laboratories
- Omron Healthcare
- Fitbit (now part of Google)
- Garmin
- Dexcom
- Withings
- Apple Inc.
- Masimo Corporation
- iHealth Labs
- AliveCor
- Qardio
- Huawei Technologies
- Xiaomi Inc.
- Polar Electro
- ResMed
- Boston Scientific
- Biotronik
- Becton, Dickinson and Company (BD)
- Nihon Kohden
- Siemens Healthineers
- Mindray
- Spacelabs Healthcare
- Schiller AG
- Nonin Medical
- Honeywell Life Sciences

What Are The Key Trends In The Digital Health Monitoring Devices Market?
Key trends influencing the digital health monitoring devices market include:
- Advancements in wearable technology for health monitoring.
- Greater adoption of Remote Patient Monitoring (RPM), telemedicine and telehealth technology.
- Integration of Internet of Things (IoT) into health monitoring devices.

What Are The Segments Of The Global Digital Health Monitoring Devices Market?
The global digital health monitoring devices market is categorized by:
1) Type: Tele-Health, EHR Or EMR, M-Health, Wireless Health, Remote Patient Monitoring
2) Product Type: Device, Software, Services, Other Products
3) End User: Hospitals, Clinics, Ambulatory Surgical Centers, Homecare Settings, Other End-users

Which Region Leads The Digital Health Monitoring Devices Market?
North America was the largest region for the digital health monitoring devices market share in 2024 due to significant advancements in technology and healthcare infrastructure. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Digital Health Monitoring Devices Market Global Market Report?
- Market Size Analysis: Analyze the Digital Health Monitoring Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Digital Health Monitoring Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Digital Health Monitoring Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Digital Health Monitoring Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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Delve deeper into The Business Research Company's domain with over 15,000+ reports covering 27 industries and 60+ geographies. Agent of data-driven research and insights, The Business Research Company offers comprehensive analyses aided by 1,500,000 datasets and thorough secondary research accompanied by exclusive insights from industry leaders. Get the information you need to stay ahead with our Global Market Model (GMM), a market intelligence platform delivering comprehensive forecasts.

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