Patient Monitoring is Experiencing Transformational Growth Driven by Digital Solutions and Out-of-Hospital Care
This study analyzes several patient monitoring devices, such as blood pressure monitors, fetal and maternal monitors, multiparameter monitors, pulse oximeters, and spirometers. It addresses critical questions such as industry size, growth rates, growth opportunities, strategic imperatives, technology impact, and new business models. Regional coverage includes North America, Europe, Asia-Pacific, and Latin America, the Middle East, and Africa.
Frost & Sullivan observes that the shift to home care settings and the rapid implementation of remote monitoring solutions will be the key trends driving the patient monitoring industry during the forecast period. New vendors that offer innovative solutions, including wearables and contactless monitoring solutions, are rapidly entering the industry. Moreover, connected devices and supporting digital platforms are driving industry growth. Several multinational, regional, and start-up companies operate in the patient monitoring industry, driving the competitive intensity. Vendors offer innovative technologies to solve several healthcare challenges, including the high care costs and the growing healthcare workforce burden, thereby gaining competitive advantages.
The study period is from 2021 to 2029, the base year is 2023, and the forecast period is from 2024 to 2029.
Transformation in Patient Monitoring
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Patient Monitoring Industry
Ecosystem
Scope of Analysis
Segmentation
Competitive Environment
Key Competitors by Region
Key Competitors by Product
Growth Generator
Patient Monitoring Study Summary
Growth Environment
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue Forecast
Revenue Forecast by Product
Table Patient Monitoring: Revenue Forecast by Product, Global, 2021-2029
Revenue Forecast by Monitors
Table Patient Monitoring: Revenue Forecast by Multiparameter Monitors, Global, 2021-2029
Revenue Forecast by End User
Table Patient Monitoring: Revenue Forecast by End User, Global, 2021-2029
Revenue Forecast by Region
Table Patient Monitoring: Revenue Forecast by Region, Global, 2021-2029
Revenue Forecast Analysis
Pricing Trends and Forecast Analysis
Revenue Share
Revenue Share Analysis
Growth Generator
Multiparameter Monitor Trends
Fetal and Maternal Monitor Trends
Blood Pressure Monitor Trends
Pulse Oximeter Trends
Spirometer Trends
End-user Trends
Growth Generator
Implementation of Digital Solutions is Critical for Growth
Wearable Patient Monitoring Solutions
Emerging Wearables and Contactless Patient Monitoring Companies
Patient Data Insights is a Key Growth Driver
Patient Monitoring Business Models
AI in Patient Monitoring
Growth Generator: North America
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Table Patient Monitoring: Revenue Forecast by Product, North America, 2021-2029
Revenue Forecast by Monitors
Table Patient Monitoring: Revenue Forecast by Multiparameter Monitors, North America, 2021-2029
Revenue Forecast by End User
Table Patient Monitoring: Revenue Forecast by End User, North America, 2021-2029
Forecast Analysis
Growth Generator: Europe
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Table Patient Monitoring: Revenue Forecast by Product, Europe, 2021-2029
Revenue Forecast by Monitors
Table Patient Monitoring: Revenue Forecast by Multiparameter Monitors, Europe, 2021-2029
Revenue Forecast by End User
Table Patient Monitoring: Revenue Forecast by End User, Europe, 2021-2029
Forecast Analysis
Growth Generator: APAC
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Table Patient Monitoring: Revenue Forecast by Product, APAC, 2021-2029
Revenue Forecast by Monitors
Table Patient Monitoring: Revenue Forecast by Multiparameter Monitors, APAC, 2021-2029
Revenue Forecast by End User
Table Patient Monitoring: Revenue Forecast by End User, APAC, 2021-2029
Forecast Analysis
Growth Generator: LAMEA
Growth Metrics
Revenue Forecast
Revenue Forecast by Product
Table Patient Monitoring: Revenue Forecast by Product, LAMEA, 2021-2029
Revenue Forecast by Monitors
Table Patient Monitoring: Revenue Forecast by Multiparameter Monitors, LAMEA, 2021-2029
Revenue Forecast by End User
Table Patient Monitoring: Revenue Forecast by End User, LAMEA, 2021-2029
Forecast Analysis
Growth Opportunity Universe
Growth Opportunity 1: Digital Platforms and Connected Devices