Multi-Parameter Patient Monitoring Equipment Industry Outlook 2025-2029: Market Set to Cross $13.01 Billion Milestone

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Multi-Parameter Patient Monitoring Equipment Market Size By 2025?
There has been a consistent increase in the size of the multi-parameter patient monitoring equipment market in recent years. It is projected to expand from $9.14 billion in 2024 to $9.57 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%. The surge experienced in the historical period is due to factors such as the prevalence of chronic diseases, an aging population, concerns about patient safety, expansion of hospitals and healthcare facilities, emphasis on early disease detection, as well as heightened consumer awareness and demand.

How Big Is the Multi-Parameter Patient Monitoring Equipment Market Size Expected to Grow by 2029?
Expectations are high for a significant expansion in the multi-parameter patient monitoring equipment market in the ensuing years, with projections suggesting a growth to $13.01 billion by 2029 at a compound annual growth rate (CAGR) of 8.0%. Factors contributing to this growth during the forecast period may include the proliferation of telemedicine, an increased emphasis on home healthcare, readiness for global health crises, a focus on preventive healthcare, a connected health ecosystem, as well as worldwide events and public health initiatives. Foreseen trends during this period encompass the incorporation of wireless technologies, telehealth and patient monitoring from a distance, digital health platforms, intelligent alarm systems, application of artificial intelligence (AI) and machine learning (ML), and adherence to interoperability standards.

View the full report here:
https://www.thebusinessresearchcompany.com/report/multi-parameter-patient-monitoring-equipment-global-market-report

Which Key Market Drivers Powering Multi-Parameter Patient Monitoring Equipment Market Expansion and Growth?
The escalating prevalence of chronic conditions is anticipated to propel the expansion of the multi-parameter patient monitoring equipment market in the future. Chronic conditions necessitate increased medical care, and multi-parameter patient monitoring equipment aids in evaluating critical indicators such as the respiration rate, electrocardiograph, and blood pressure of patients suffering from chronic diseases. For instance, the Centers for Disease Control and Prevention, a US-based national public health agency, revealed in July 2022 that 6 in every 10 Americans have chronic conditions and four in every ten adults are battling more than two chronic illnesses such as chronic lung cancer, heart disease, stroke, and diabetes. Furthermore, the United Nations predicts that by 2030, chronic conditions will be responsible for about 70% of all deaths and approximately 56% of illnesses globally. Accordingly, the escalating prevalence of chronic conditions is fueling the expansion of the multi-parameter patient monitoring equipment market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9097&type=smp

What Are the Key Trends Driving Multi-Parameter Patient Monitoring Equipment Market Growth?
The emergence of advanced technology is becoming a key growing trend in the multi-parameter patient monitoring equipment sector. Leading companies in this industry are designing sophisticated technologies to reinforce their market presence. Take, for example, in December 2022, Mindray, a firm based out of China that specializes in multi-parameter patient monitoring equipment, unveiled a new mWear system, a wearable patient monitoring solution. This exclusive system comes with exact measurements of patient conditions, incorporating six critical vital signs with its wireless monitoring technologies, thanks to the Anti-Motion Algorithm, specific health metrics, status symbols, and time analysis. It is tailored to monitor patient conditions ceaselessly.

What Are the Emerging Segments in the Multi-Parameter Patient Monitoring Equipment Market?
The multi-parameter patient monitoring equipment market covered in this report is segmented -

1) By Product Type: High-Acuity Monitors, Critical Care Monitors, Magnetic Resonance Imaging (MRI) Compatible Monitors, Perioperative Monitor, Mid-Acuity Monitors, Low-Acuity Monitors
2) By Application: Cardiology, Neurology, Respiratory, Fetal And Neonatal, Other Applications
3) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Healthcare

Subsegments:
1) By High-Acuity Monitors: Multi-Parameter High-Acuity Monitors, Advanced Monitoring Systems, Critical Care Monitors
2) By ICU Monitors: Bedside Monitors, Magnetic Resonance Imaging (MRI) Compatible Monitors
3) By MRI-Compatible Monitors: MRI-Compatible Multi-Parameter Monitors, MRI-Compatible Cardiac Monitors
4) By Perioperative Monitors: Anesthesia Monitors, Surgical Monitors
5) By Mid-Acuity Monitors: General Ward Monitors, Step-Down Unit Monitors
6) By Low-Acuity Monitors: Vital Signs Monitors, Basic Patient Monitors

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9097&type=smp

Who Are the Global Leaders in the Multi-Parameter Patient Monitoring Equipment Market?
Major companies operating in the multi-parameter patient monitoring equipment market include GE Healthcare Technologies Inc., Drägerwerk AG & Co. KGaA, Nihon Kohden Corporation, Schiller AG, Bosch Medical Solutions GmbH, AMD Global Telemedicine Inc., Mindray DS USA Inc., Spacelabs Healthcare, CAS Medical Systems Inc., Contec Medical Systems Co Ltd., Guangdong Biolight Meditech Company Limited, Natus Medical Incorporated, Masimo, Medtronic PLC, OSI System, Bio Medical Electronics, Koninklijke Philips NV, General Electric Company, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Omron Healthcare Inc., Hill-Rom Holdings Inc., Smiths Medical, ZOLL Medical Corporation

Which are the Top Profitable Regional Markets for the Multi-Parameter Patient Monitoring Equipment Industry?
North America was the largest region in the multi-parameter patient monitoring equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the multi-parameter patient monitoring equipment market during the forecast period. The regions covered in the multi-parameter patient monitoring equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9097

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.