United States Patient Monitoring Accessories Market 2025 | Explore High-Growth Trends, Competitive Landscape & Expansion Opportunities

Market Size and Growth

The Global Patient Monitoring Accessories Market size was valued at USD 6514.26 Mn and is estimated to reach USD 11552.85 Mn by the end of 2031, with growth at a CAGR of 7.6% during the forecast period (2024-2031).

Key Development:

United States: Recent Industry Developments

✅ July 31, 2025 - Baxter launched the Welch Allyn Connex 360 Vital Signs Monitor, enhancing connected patient monitoring with advanced connectivity and customizable configurations.

✅ June 4, 2025 - Cardinal Health introduced the Kendall DLTM Multi System, a single-patient use monitoring cable system for continuous cardiac, oxygen, and temperature monitoring.

✅ September 4, 2025 - Philips unveiled a smart telemetry platform for cardiac monitoring, providing continuous enterprise-wide connectivity beyond the bedside.

Japan: Recent Industry Developments

✅ July 2025 - iRhythm launched the Zio® ECG Recording and Analysis System in Japan, offering AI-powered, continuous ECG monitoring for up to 14 days.

✅ July 2025 - Takeda Pharmaceutical introduced a digital patient engagement platform integrating mobile apps and AI-driven reminders to improve medication adherence and chronic disease management.

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Patient Monitoring Accessories are devices and components that support the accurate monitoring of vital signs and physiological parameters in healthcare settings. They include items such as ECG electrodes, blood pressure cuffs, SpO2 sensors, and temperature probes, ensuring reliable data collection for patient care and clinical decision-making.

Recent Mergers and Acquisitions:

United States: M&A and Investments in Patient Monitoring Accessories

✅ September 2025 - HeartcoR Solutions expanded its suite of remote patient monitoring devices by partnering with Blue Spark Technologies and QT Medical. This collaboration enhances HeartcoR's offerings for clinical trial partners, creating a comprehensive monitoring solution.

✅ April 2025 - OSI Systems' Spacelabs Healthcare secured a $4 million agreement with a U.S. hospital to deliver patient monitoring systems, supplies, and accessories. This deal supports infrastructure modernization and long-term clinical partnerships.

✅ June 2024 - Edwards Lifesciences agreed to sell its Critical Care Products unit to Becton Dickinson for $4.2 billion. The unit specializes in advanced blood and heart monitoring systems used in surgical and intensive care settings. This strategic move allows Edwards to focus on its heart devices business.

Europe: M&A and Investments in Patient Monitoring Accessories
✅ July 2025 - Nordic Capital acquired Arcadia Solutions, a healthcare analytics company specializing in consolidating and analyzing health data to identify care gaps and improve outcomes. This acquisition aims to enhance healthcare delivery and cost-efficiency using artificial intelligence (AI).

✅ May 2025 - Europe's digital health investment crossed €10.5 billion, indicating a significant increase in funding for health technology innovations, including patient monitoring accessories.

✅ July 2025 - The European healthcare sector experienced an 87% spike in deal value in 2025, despite an 8% decline in deal count, highlighting increased strategic investments in healthcare technologies.

Key Players:

=> F. Hoffmann-La Roche, Medtronic plc, Philips Healthcare, GE Healthcare, Dragerwerk AG & Co. KGaA, ICU Medical, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Honeywell International Inc., CONMED Corporation, 3M, Omron Healthcare, Inc. and more.

Growth Forecast Projected:

The Global Patient Monitoring Accessories Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Patient Monitoring Accessories Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Product Type: Blood Glucose Monitoring Supplies, Non-invasive Blood Pressure (NIBP) Accessories, ECG Cables, Leadwires and Sets, Brain Monitoring Accessories, Temperature Monitoring Accessories, Cardiac Monitoring Output Cables, Respiratory Monitoring Accessories, Other Accessories
➥ By End-User: Hospitals, Ambulatory Surgical Centers, Homecare Settings, Others

Regional Analysis for Patient Monitoring Accessories Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Patient Monitoring Accessories producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Patient Monitoring Accessories revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Patient Monitoring Accessories Market?

A: In 2023, the Patient Monitoring Accessories Market was valued at USD 6514.26 Mn, reflecting its strong industry presence.

Q2: How large is the Patient Monitoring Accessories Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Patient Monitoring Accessories Market will grow to around USD 11552.85 Mn , demonstrating significant expansion.

Q3: What is the growth rate of the Patient Monitoring Accessories Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 7.6% during the forecast period from 2024 to 2031.

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