Global Digital Patient Monitoring Devices Market Size, Share, and Analysis, By Product Type (Diagnostic Monitoring Devices, Therapeutic Monitoring Devices), By Type (Wireless Sensor Technology, mHealth, Telehealth, Wearable Devices, Remote Patient Monitoring), By End User (Hospitals, Clinics, Ambulatory Surgical Centres, Homecare Settings, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Global Digital Patient Monitoring Devices Market size was USD 72.43 billion in 2021 and projected to grow from USD 109.3 billion in 2023 to USD 716.2 billion by 2032, exhibiting a CAGR of 23.2% during the forecast period.
Digital monitoring devices for patients are the medical equipment or tools that gather patient information outside of the healthcare system using digital technologies. The painless or non-invasive remote monitoring tools detect or measure common physiological parameters are comprised in the remote or wearable patient monitoring devices. The painless or non-invasive monitoring devices wirelessly communicate patient data to their healthcare practitioner or other monitoring institution.
MARKET HIGHLIGHTS
Digital Patient Monitoring Devices Market is expected to reach USD 716.2 billion, growing at a CAGR of 23.2% during the forecast period owing to the growing cases of neurological ailments and augmented emphasis on R&D abilities in healthcare devices and the implementation of improved healthcare technologies. Moreover, increased pregnancy rates and rising healthcare infrastructure development costs, particularly in developing economies are the major factors driving the Digital Patient Monitoring Devices Market.
Global Digital Patient Monitoring Devices Market Segments:

  • Product Type
  • ·Diagnostic Monitoring Devices
  • ·Therapeutic Monitoring Devices
  • Type
  • ·Wireless Sensor Technology
  • ·mHealth
  • ·Telehealth
  • ·Wearable Devices
  • ·Remote Patient Monitoring
  • End User
  • ·Hospitals
  • ·Clinics
  • ·Ambulatory Surgical Centres
  • ·Homecare Settings
  • ·Others


MARKET DYNAMICS
Growth Drivers
Increasing Cases of Various Diseases and Adoption of Technologies like AI is Expected to Boost the Market Growth
Growing Use of RPM offering Quality Healthcare is Expected to Boost the Market Growth
Restraint
Improper Awareness Regarding Installation Costs May Restrain the Market Growth

Key Players

  • AT&T
  • Abbott
  • Medtronic
  • Koninklijke Philips N.V. AB
  • GE Healthcare
  • Boston Scientific Corporation
  • Garmin Ltd.
  • Hill-Rom Services Inc.
  • Integer Holdings Corporation
  • Athenahealth Inc.
  • LivaNova PLC
  • Inspire Medical Systems Inc.
  • Omron Healthcare Inc.
  • NeuroPace Inc.
  • VitalConnect
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)



Global Laboratory Temperature Control Units Market is further segmented by region into:

  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA




Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.