The latest report, “Patient Monitoring Devices Market by Product (Cardiac Monitoring Devices, Pulse Oximeters, Spirometers, Fetal Monitors, Temperature Monitors, Blood Pressure Monitors, ECG, ICP, Weight Monitoring), User, and Customer Unmet Needs – Global Forecast to 2029”, projects that the global patient monitoring devices market will grow from USD 48.5 billion in 2024 to USD 71.1 billion by 2029, registering a CAGR of 8.0% during the forecast period.
Market growth is being driven by the rising demand for wireless and remote monitoring technologies, the growing use of biosensors, increasing public–private investments in clinical research, the expanding geriatric population, and the rising prevalence of chronic diseases. Additionally, the presence of major market players in emerging economies is further accelerating global adoption.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=678
Blood Glucose Monitoring Systems to Witness Robust Growth Through 2029
Among various product categories—such as cardiac monitoring, multiparameter monitoring, respiratory monitoring, hemodynamic/pressure monitoring, weight monitoring, fetal & neonatal monitoring, neuromonitoring, and temperature monitoring—blood glucose monitoring systems are projected to record significant growth during 2024–2029.
This surge is primarily attributed to the rising global incidence of diabetes, fueled by lifestyle factors like obesity, sedentary behavior, and poor dietary habits. Continuous and self-monitoring glucose systems are crucial in preventing severe diabetes-related complications by allowing timely intervention during hyperglycemic or hypoglycemic episodes.
North America Maintains Market Leadership
Regionally, the North American patient monitoring market held a dominant share in 2023. This leadership is supported by a high burden of chronic conditions such as diabetes, cardiovascular diseases, and respiratory disorders that require ongoing monitoring.
Moreover, the region’s shift toward preventive and value-based healthcare has intensified the demand for advanced patient monitoring technologies that enhance early diagnosis, optimize treatment outcomes, and reduce long-term healthcare costs.
Key Industry Players
Major companies operating in the global patient monitoring devices market include:
- Medtronic (Ireland)
- Nihon Kohden Corporation (Japan)
- Mindray Medical International Ltd. (China)
- GE Healthcare (US)
- Abbott Laboratories (US)
- Boston Scientific Corporation (US)
and several other prominent market participants.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=678
Don’t miss out on growth opportunities in the Patient Monitoring Devices Market.
👉 Connect with our analysts to gain valuable insights that can empower your strategic decisions and accelerate business expansion.