Patient Monitoring Devices Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Patient Monitoring Devices Market size exceeded USD 20.4 billion in 2019 and is poised to grow at a CAGR of over 6% between 2021 and 2027.

Patient monitoring systems are used to measure, record, distribute and display combinations of biometric values ​​such as heart rate, blood oxygen saturation (SPO2), blood pressure, and body temperature. It is used to monitor patients regularly, so serious problems can be avoided. Additionally, according to the Information Processing Service (IHS), it is expected that by 2020, more than 4 million patients will have their health monitored remotely. This is a 34% increase in remote patient monitoring (RPM). Moreover, tech giants such as Google, Apple, and Amazon are targeting the RPM market. This leads to drastic changes in the medical field.

Market Segments

By Product

• Blood Glucose Monitoring Systems
• Cardiac Monitoring Devices
• Respiratory Monitoring Devices
• Temperature Monitoring Devices
• Hemodynamic/Pressure Monitoring Devices
• Fetal & Neonatal Monitoring Devices
• Neuromonitoring Devices
• Weight Monitoring Devices
• Other Patient Monitoring Devices

By End-User

• Hospitals
• Ambulatory Surgery Centers
• Home Care Settings
• Other End Users

Key Players

Some of the prominent companies operating in the patient monitoring devices industry include Philips, kanray Technologies, Medtronic, Epsimed, OSI Systems, Medion Healthcare, GE Healthcare, Siemens Healthineers, Sensata Technologies, Hill-Rom Holdings, Fukuda, and Mindray.

Scope of the Report

The research study analyzes the global Patient Monitoring Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Patient Monitoring Devices Market Report

1. What was the Patient Monitoring Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Patient Monitoring Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Patient Monitoring Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.