2025 Physiological Monitors Market Outlook: Key Indicators Shaping Growth Through 2034

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What Will the Physiological Monitors Industry Market Size Be by 2025?
The market size of physiological monitors has seen a quick expansion in the past few years. The rise from $103.11 billion in 2024 to $115.05 billion in 2025, marking a compound annual growth rate (CAGR) of 11.6%, represents this growth. Factors such as an increasing aging population, management of chronic diseases, a patient-focused approach in healthcare, the incorporation with electronic health records (EHR), and advancements in IoT and connectivity have contributed to the growth during the historic period.

What's the Long-Term Growth Forecast for the Physiological Monitors Market Size Through 2029?
The market size for physiological monitors is predicted to surge significantly in the upcoming years, expecting to reach $176.77 billion by 2029 with a compound annual growth rate (CAGR) of 11.3%. This anticipated growth in the forecast period is linked to the integration of AI and data analytics, an emphasis on preventative healthcare, growth of telehealth, home healthcare patterns, and worldwide health issues. Key trends for the forecast period involve the acceptance of wearable technology, the miniaturization of technology, remote patient supervision, advancements in medical technology, and non-invasive monitoring techniques.

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What Are the Key Growth Drivers Fueling the Physiological Monitors Market Expansion?
The growth of the physiological monitors market is likely to be fuelled by the increasing instances of chronic diseases. Chronic diseases are health problems or conditions that persist for a year or more. Real-time health data are provided by physiological monitors, which allows for immediate interventions and customised care for individuals suffering from chronic conditions. For example, the National Institutes of Health, a government agency based in the US, stated in January 2023 that by 2035, an estimated 35.66% (ranging between 33.36-36.04) of adults aged 50 and above are projected to have at least one chronic condition. This projection is anticipated to increase to 47.81% (ranging between 46.09-49.71) by 2050. As such, the expanding prevalence of chronic diseases is a key driver of the physiological monitors market.

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What Are the Key Trends Driving Physiological Monitors Market Growth?
Leading businesses in the physiological monitors market are striving to innovate in order to stay ahead of the competition, emphasizing on advancements like wireless patient monitoring systems. This technology specifically dismisses the need for physical wires to continuously keep track of crucial patient metrics, such as heart rate, blood pressure, oxygen saturation, and others. For example, GE Healthcare Technologies Inc., a medical technology firm from the US, rolled out Portrait Mobile in June 2022. The system is engineered to aid medical practitioners in recognizing signs of patient deterioration at a faster rate, thereby enhancing patient results. By utilizing wearable sensors on the patient's body, Portrait Mobile collects vital sign data, including pulse, blood pressure, oxygen saturation, and breathing rate. This allows for continuous patient monitoring, enabling clinicians to swiftly detect changes in patient conditions.

How Is the Physiological Monitors Market Segmented?
The physiological monitors market covered in this report is segmented -

1) By Type: Hemodynamic Monitoring Devices, Neuromonitoring Devices, Cardiac Monitoring Devices, Respiratory Monitoring Devices, Other Types
2) By Application: Cardiology, Neurology, Respiratory, Fetal And Neonatal, Weight Management And Fitness Monitoring, Other Applications
3) By End User: Hospital, Clinic, Other End Users

Subsegments:
1) By Hemodynamic Monitoring Devices: Invasive Hemodynamic Monitors, Non-Invasive Hemodynamic Monitors
2) By Neuromonitoring Devices: EEG Monitors, Intracranial Pressure Monitors, Brain Function Monitors
3) By Cardiac Monitoring Devices: ECG Monitors, Holter Monitors, Implantable Cardiac Monitors
4) By Respiratory Monitoring Devices: Pulse Oximeters, Capnometers, Spirometers
5) By Other Types: Temperature Monitors, Blood Glucose Monitors, Multivariable Monitors

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Which Companies Are Leading the Charge in Physiological Monitors Market Innovation?
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 dic*kinson 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.

Which Regions Are Leading the Global Physiological Monitors Market in Revenue?
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.

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