The overall market growth was primarily motivated by the growing elderly population, and the increasing size of the U.S. population in general, which equates to a higher procedural volume across the various segments. Growth of lifestyle and cardiovascular diseases will also continue to contribute to ongoing growth of the patient monitoring equipment market. Additional advancements in device connectivity and interoperability will drive the total market as these improvements will help in stabilizing the price decline across segments. In the case of segments that are matured, and thus heavily reliant upon replacement sales, revenue growth may still be driven by the sales of consumables, which are increasing as a result of growing procedural volumes and increased awareness.

Abstract
The overall patient monitoring equipment market encompasses multi-parameter vital sign monitoring, wireless ambulatory telemetry monitoring, telehealth, intracranial pressure monitoring, electromyogram monitoring, electroencephalography monitoring, cerebral oximetry monitoring, fetal and neonatal monitoring, pulse oximetry monitoring, cardiac output monitoring, blood pressure monitoring and electrocardiogram monitoring.