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
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:
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
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
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)
- 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
- 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.
1. EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Digital Patient Monitoring Devices Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Digital Patient Monitoring Devices Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. DIGITAL PATIENT MONITORING DEVICES MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2. Economic
8.2.3. Social
8.2.4. Technological
9. DIGITAL PATIENT MONITORING DEVICES MARKET
9.1. Overview
9.2. Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
10.1. Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Product Type
10.3.1.1. Diagnostic Monitoring Devices
10.3.1.1.1. By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Therapeutic Monitoring Devices
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2. Market Share (%) 2022-2032F
10.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2. By Type
10.3.2.1. Tele-Health
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2. Market Share (%) 2022-2032F
10.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.2. EHR/EMR
10.3.2.2.1. By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3. M-Health
10.3.2.3.1. By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.4. Wireless Health
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2. Market Share (%) 2022-2032F
10.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.5. Others
10.3.2.5.1. By Value (USD Million) 2022-2032F
10.3.2.5.2. Market Share (%) 2022-2032F
10.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.3. By End User
10.3.3.1. Hospitals
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2. Market Share (%) 2022-2032F
10.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.2. Clinics
10.3.3.2.1. By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.3. Ambulatory Surgical Centres
10.3.3.3.1. By Value (USD Million) 2022-2032F
10.3.3.3.2. Market Share (%) 2022-2032F
10.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.4. Homecare Settings
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2. Market Share (%) 2022-2032F
10.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.5. Others
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2. Market Share (%) 2022-2032F
10.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
11. NORTH AMERICA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Product Type
11.3.2. By Type
11.3.3. By End User
11.4. Country
11.4.1. United States
11.4.2. Canada
12. EUROPE DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2. By Type
12.3.3. By End User
12.4. Country
12.4.1. Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2. By Type
13.3.3. By End User
13.4. Country
13.4.1. India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2. By Type
14.3.3. By End User
14.4. Country
14.4.1. Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2. By Type
15.3.3. By End User
15.4. Country
15.4.1. Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1. AT&T
17.1.1. Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4. Company Assessment
17.1.4.1. Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Abbott
17.3. Medtronic
17.4. Koninklijke Philips N.V. AB
17.5. GE Healthcare
17.6. Boston Scientific Corporation
17.7. Garmin Ltd.
17.8. Hill-Rom Services Inc.
17.9. Integer Holdings Corporation
17.10. Athenahealth Inc.
17.11. LivaNova PLC
17.12. Inspire Medical Systems Inc.
17.13. Omron Healthcare Inc.
17.14.NeuroPace Inc.
17.15. VitalConnect
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Digital Patient Monitoring Devices Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Digital Patient Monitoring Devices Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. DIGITAL PATIENT MONITORING DEVICES MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2. Economic
8.2.3. Social
8.2.4. Technological
9. DIGITAL PATIENT MONITORING DEVICES MARKET
9.1. Overview
9.2. Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
10.1. Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Product Type
10.3.1.1. Diagnostic Monitoring Devices
10.3.1.1.1. By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Therapeutic Monitoring Devices
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2. Market Share (%) 2022-2032F
10.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2. By Type
10.3.2.1. Tele-Health
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2. Market Share (%) 2022-2032F
10.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.2. EHR/EMR
10.3.2.2.1. By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.3. M-Health
10.3.2.3.1. By Value (USD Million) 2022-2032F
10.3.2.3.2. Market Share (%) 2022-2032F
10.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.4. Wireless Health
10.3.2.4.1. By Value (USD Million) 2022-2032F
10.3.2.4.2. Market Share (%) 2022-2032F
10.3.2.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.5. Others
10.3.2.5.1. By Value (USD Million) 2022-2032F
10.3.2.5.2. Market Share (%) 2022-2032F
10.3.2.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.3. By End User
10.3.3.1. Hospitals
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2. Market Share (%) 2022-2032F
10.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.2. Clinics
10.3.3.2.1. By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.3. Ambulatory Surgical Centres
10.3.3.3.1. By Value (USD Million) 2022-2032F
10.3.3.3.2. Market Share (%) 2022-2032F
10.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.4. Homecare Settings
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2. Market Share (%) 2022-2032F
10.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.5. Others
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2. Market Share (%) 2022-2032F
10.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
11. NORTH AMERICA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Product Type
11.3.2. By Type
11.3.3. By End User
11.4. Country
11.4.1. United States
11.4.2. Canada
12. EUROPE DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product Type
12.3.2. By Type
12.3.3. By End User
12.4. Country
12.4.1. Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product Type
13.3.2. By Type
13.3.3. By End User
13.4. Country
13.4.1. India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product Type
14.3.2. By Type
14.3.3. By End User
14.4. Country
14.4.1. Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA DIGITAL PATIENT MONITORING DEVICES MARKET SIZE & FORECAST 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product Type
15.3.2. By Type
15.3.3. By End User
15.4. Country
15.4.1. Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1. AT&T
17.1.1. Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4. Company Assessment
17.1.4.1. Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Abbott
17.3. Medtronic
17.4. Koninklijke Philips N.V. AB
17.5. GE Healthcare
17.6. Boston Scientific Corporation
17.7. Garmin Ltd.
17.8. Hill-Rom Services Inc.
17.9. Integer Holdings Corporation
17.10. Athenahealth Inc.
17.11. LivaNova PLC
17.12. Inspire Medical Systems Inc.
17.13. Omron Healthcare Inc.
17.14.NeuroPace Inc.
17.15. VitalConnect
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
