Patient Monitoring Devices Industry Statistics

In this post, we explore key statistics and trends in the patient monitoring devices industry. From the market size and growth projections to regional penetration and specific segment analyses, these figures shed light on the dynamic landscape of patient monitoring technologies. Let’s dive into the data to understand the current state and future outlook of this evolving sector.

Statistic 1

"The patient monitoring devices market Size was valued at $22.2 billion in 2019."

Statistic 2

"The patient monitoring devices market is expected to grow at a CAGR of 4.4% from 2020 to 2027."

Statistic 3

"Regional penetration of patient monitoring devices is the highest in North America which held over 40% market share in 2019."

Statistic 4

"The critical care monitors segment is predicted to grow at a highest CAGR of around 7% during the forecast period."

Statistic 5

"The wearable monitoring devices segment in the U.S. market was worth around $1.3 billion in 2019."

Statistic 6

"The patient monitoring devices market in Asia Pacific is expected to grow at a CAGR of over 9% from 2020 to 2027."

Statistic 7

"The hospital segment held the largest share of the patient monitoring devices market in 2019."

Statistic 8

"The remote patient monitoring devices market is projected to reach $31.54 billion by 2027."

Statistic 9

"The hypertension management devices market was largest and valued at USD 2 billion in 2019."

Statistic 10

"The neuromonitoring devices segment is expected to gain market share over the coming years due to increasing neurovascular disorders and technological advancements."

Statistic 11

"Home monitoring devices segment will experience more than 5% CAGR from 2020 to 2026 due to postoperative home monitoring of patients"

Statistic 12

"The ambulatory surgical centers end use segment is expected to be the fastest growing, with a CAGR of above 5.5% from 2021 to 2026."

Statistic 13

"The global patient monitoring and ultrasound devices display market was valued at $4.25 billion in 2019."

Statistic 14

"The fetal and neonatal monitoring market, a part of the patient monitoring devices market, was valued at $ 3.7 billion in 2019."

Statistic 15

"The respiratory monitoring devices sector is expected to generate over $1,589 million by the end of 2027."

Statistic 16

"Integrated monitoring devices are set to witness a 4.7% CAGR from 2021 to 2026."

Statistic 17

"The EEG devices market a key part of the patient monitoring devices industry is anticipated to reach USD 1.4 billion by 2025."

The patient monitoring devices industry is experiencing significant growth and evolution, as evidenced by various key statistics. Market size projections, regional trends, segment-specific growth rates, and emerging technologies all point towards a promising future. Key highlights include the dominance of North America in market penetration, the rapid growth of segments such as critical care monitors and wearable devices, and the increasing adoption of remote patient monitoring solutions. With advancements in technology and a growing emphasis on home and ambulatory care, the industry is poised for continued expansion and innovation in the coming years.