Report Scope:
This report covers a range of products, some are disease specific and others are used for all types of patients and in general for health management. The patient monitoring device market referred to in this report is limited to the devices/products included in this report. Each product market covered in this report is unique and has a different set of market dynamics and competitive landscape. The product lifecycle of each product segment also varies.
The study will enable the audience to understand and gain insights on the current market and will forecast the changing market scenario. The data provided can help users understand which market segments among device connectivity, product type and end users are expected to grow at higher rates: factors driving growth, factors limiting the growth, key opportunity areas and so on.
Discussion and analysis cover the following market factors -
- Key market analysis.
- Market dynamics (drivers and restraints)
- Market forecast period of 2022-2027.
- Competitive developments and landscape.
- Geographic regional analysis.
- Patents.
- Profiles of key market players.
The report also covers a detailed competitive outlook, including market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Abbott Laboratories, GE Healthcare, Philips Healthcare, Nihon Kohden, Omron Healthcare, Roche Diagnostics Ltd., Cardiocom, Covidien, CR Bard, Honeywell Med, Infinium Medical and InTechnology etc.
Report Includes:
- 54 data tables and 24 additional tables
- A comprehensive overview of the global market for patient monitoring devices within the healthcare industry
- Estimation of the market size and analyses of market trends, with data from 2020, 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the market potential for patient monitoring devices by product types, device categories and end users
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
- Company profiles of major market players within the industry Abbott Laboratories, Bayer Healthcare AG, GE Healthcare, Medtronic, Philips Healthcare
Summary:
Different products have different competitive scenarios in the global patient monitoring device market. The market is fragmented, yet consolidated, and unevenly penetrated, with different devices at different stages of the product life cycle and market penetration across various regions. Some market players hold a dominant market share, while the rest of the market is fragmented with both national and global players. Glucose monitoring devices, cardiac and respiratory monitoring devices (other than patient monitors) specialized for diseases or conditions, are some key opportunity areas that hold moderate to high growth potential for future growth in the patient monitoring device market.
Some key growth strategies adopted by market players include product launches, partnerships, collaborations, agreements and acquisitions, with product launches being the topmost strategy to increase market presence and share. The patient monitoring device market is very competitive, demanding both cost and product differentiation, continuous product development and upgrades in order to assure and sustain profitability.
This report focuses on patient monitoring equipment/products -
- Blood pressure monitors.
- Blood gas analyzers.
- Thermometers.
- Glucose monitoring devices.
- Cardiac monitoring devices.
- Respiratory and sleep disorder monitoring devices.
- Neuromonitors.
- Fetal monitors.
- Neonatal monitors.
- Multiparameter patient monitors.
- Remote patient monitors.
- Anesthesia monitors.
Services and accessories/supplies market numbers are also provided in the report, but these segments are not a focus in this study. Out of all the listed products, multiparameter patient monitors and blood pressure monitors are the largest sectors of the patient monitoring device market; however, remote patient monitoring devices are expected to grow at the highest CAGR.
Patient monitoring devices are primarily used in hospitals, which capture more than half of the end-use market for patient monitoring devices; home users capture a small part of the patient monitoring device end-use market. The home-use segment is expanding significantly via a higher CAGR.
Patient Monitoring Devices: Global Markets
Table of Contents
Chapter 1 Introduction
Overview
Study Goals and Objectives
Scope of Report
What's New in this Update?
Reasons for Doing This Study
Intended Audience
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview and Technology Background
Overview
Patient Monitoring Device Market: Product Analysis
Multiparameter Patient Monitors
Blood Pressure Monitors
Cardiac Monitoring Devices
Other Devices
Key Market Trends
Market Drivers
Expanding Healthcare Awareness and Infrastructure
Rising Incidence of Lifestyle, Chronic Disease and Aging Populations
Growing Popularity of Remote/Home Patient Monitoring
Growing Trend of Acquisitions
Continuous Product Development and Technological Advancements
Other Factors
Market Restraints
Competitive Market Creating Price Pressure and Increasing Market Challenges
Regulatory and Reimbursement Issues
Technology and Product Adoption
Other Restraints
Market Opportunities
Increasing Demand for Non-Invasive and Minimally-Invasive Devices
Value Chain Analysis
Porter's Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Consumers
Threat of New Entrants
Competitive Rivalry
Threat of Substitutes
Regulations and Standards Analysis
United States
European Union (EU)
Japan
Reimbursement Landscape
Future of Patient Monitoring Devices
Assessment of COVID-19 Impact
Chapter 4 Market Breakdown, by Device Connectivity
Overview
Wired Connectivity
Wireless Connectivity
Chapter 5 Market Breakdown, by Product Type
Introduction
Equipment Market
Multiparameter Patient Monitors
Blood Pressure Monitoring Devices
Cardiac Monitors
Respiratory and Sleep Disorder Monitors
Neuromonitors
Blood Glucose Monitoring Devices
Continuous Blood Glucose Monitoring Devices
Remote Patient Monitoring Devices
Thermometers
Anesthesia Monitors
Blood Gas Analyzers/Monitors
Fetal Monitors
Neonatal Monitors
Services
Supplies and Accessories
Chapter 6 Market Breakdown, by End-User
Overview
Hospitals
Homecare
Medical Practitioners and Clinics
Diagnostic Centers and Laboratories
Primary Healthcare and Community Healthcare Centers
Others
Chapter 7 Market Breakdown, by Region
Introduction
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Rest of Asia-Pacific
Rest of World (RoW)
Chapter 8 Patent Analysis
Overview
New Patent Development
Impact on Market
Chapter 9 Competitive Landscape
Overview
Competitive Developments
Chapter 10 Company Profiles
ABBOTT LABORATORIES
A&D CO. LTD.
AEROTEL MEDICAL SYSTEMS
AMBU
AMERICAN DIAGNOSTIC CORP. (ADC)
ANALOG DEVICES INC.
ATCOR MEDICAL PTY LTD.
BAYER HEALTHCARE AG
BIONET
BIOTRONIK SE & CO. KG
BOSTON SCIENTIFIC CORP.
BRAUN MELSUNGEN AG
BRIGGS HEALTHCARE
CARDIAC SCIENCE CORP.
CARDIOCOM LLC (MEDTRONIC)
CARDIONET INC.
CONMED INC.
CONTEC MEDICAL SYSTEMS CO. LTD.
DRAEGER
EDWARDS LIFESCIENCES CORP.
GE HEALTHCARE
HONEYWELL INTERNATIONAL INC.
INSULET CORP./OMNIPOD
MASIMO CORP.
MEDTRONIC
MEMSCAP INC.
NATUS MEDICAL INC.
NIHON KOHDEN CORP.
NONIN MEDICAL
NOVA BIOMEDICAL CORP.
OMRON CORP. (OMRON)
OSI SYSTEMS INC. (SPACELABS HEALTHCARE)
PHILIPS HEALTHCARE
RADIOMETER MEDICAL APS
ROCHE DIAGNOSTICS
SCHILLER AG
SIEMENS HEALTHCARE INC. (U.S.)
SPACELABS HEALTHCARE INC.
USCOM LTD.
WELCH ALLYN (HILL-ROM)
ZYNEX INC.
Chapter 11 Appendix: List of Abbreviations
List of Tables
Summary Table A : Global Patient Monitoring Device Market, by Region, Through 2027
Summary Table B : Global Patient Monitoring Device Market, by Product Type, Through 2027
Table 1 : Key Market Trends
Table 2 : Porter's Five Forces Analysis: Overview
Table 3 : Global Patient Monitoring Device Market, by Device Connectivity, Through 2027
Table 4 : Global Wire-Connected Patient Monitoring Device Market, by Region, Through 2027
Table 5 : Global Wireless-Connected Patient Monitoring Device Market, by Region, Through 2027
Table 6 : Global Patient Monitoring Device Market, by Product Type, Through 2027
Table 7 : Global Patient Monitoring Equipment Market, by Equipment/Device Category, Through 2027
Table 8 : Global Multi-Parameter Patient Monitoring Device Market, by Region, Through 2027
Table 9 : Global Blood Pressure Monitoring Device Market, by Region, Through 2027
Table 10 : Global Cardiac Monitoring Device Market, by Region, Through 2027
Table 11 : Global Respiratory/Sleep Disorder Monitoring Device Market, by Region, Through 2027
Table 12 : Global Neuromonitor Market, by Region, Through 2027
Table 13 : Global Blood Glucose Monitoring Device Market, by Region, Through 2027
Table 14 : Global Remote Patient Monitoring Device Market, by Region, Through 2027
Table 15 : Global Thermometer Market, by Region, Through 2027
Table 16 : Global Anesthesia Monitoring Device Market, by Region, Through 2027
Table 17 : Global Blood Gas Analyzer Market, by Region, Through 2027
Table 18 : Global Fetal Monitoring Device Market, by Region, Through 2027
Table 19 : Global Neonatal Monitoring Device Market, by Region, Through 2027
Table 20 : Global Patient Monitoring Service Market, by Region, Through 2027
Table 21 : Global Patient Monitoring Supply and Accessory Market, by Region, Through 2027
Table 22 : Global Patient Monitoring Device Market, by End User, Through 2027
Table 23 : Global Patient Monitoring Device Market, Hospital End Users, by Region, Through 2027
Table 24 : Global Patient Monitoring Device Market, Homecare End Users, by Region, Through 2027
Table 25 : Global Patient Monitoring Device Market, Medical Practitioner and Clinic End Users, by Region, Through 2027
Table 26 : Global Patient Monitoring Device Market, Diagnostic Center and Laboratory End Users, by Region, Through 2027
Table 27 : Global Patient Monitoring Device Market, Primary Healthcare and Community Healthcare Center End Users, by Region, Through 2027
Table 28 : Global Patient Monitoring Device Market, Other End Users, by Region, Through 2027
Table 29 : Global Patient Monitoring Device Market, by Region, Through 2027
Table 30 : North American Patient Monitoring Device Market, by Device Connectivity, Through 2027
Table 31 : North American Patient Monitoring Device Market, by Product Type, Through 2027
Table 32 : North American Patient Monitoring Equipment Market, by Equipment/Device Category, Through 2027
Table 33 : North American Patient Monitoring Device Market, by End User, Through 2027
Table 34 : European Patient Monitoring Device Market, by Device Connectivity, Through 2027
Table 35 : European Patient Monitoring Device Market, by Product Type, Through 2027
Table 36 : European Patient Monitoring Equipment Market, by Equipment/Device Category, Through 2027
Table 37 : European Patient Monitoring Device Market, by End User, Through 2027
Table 38 : Asia-Pacific Patient Monitoring Device Market, by Device Connectivity, Through 2027
Table 39 : Asia-Pacific Patient Monitoring Device Market, by Product Type, Through 2027
Table 40 : Asia-Pacific Patient Monitoring Equipment Market, by Equipment/Device Category, Through 2027
Table 41 : Asia-Pacific Patient Monitoring Device Market, by End User, Through 2027
Table 42 : Rest of World Patient Monitoring Device Market, by Device Connectivity, Through 2027
Table 43 : Rest of World Patient Monitoring Device Market, by Product Type, Through 2027
Table 44 : Rest of World Patient Monitoring Equipment Market, by Equipment/Device Category, Through 2027
Table 45 : Rest of World Patient Monitoring Device Market, by End User, Through 2027
Table 46 : U.S. Patents, Patient Monitoring Devices, 2021-2022
Table 47 : European Patents, Patient Monitoring Devices, 2020-2022
Table 48 : Japanese Patents, Patient Monitoring Devices, 2020-2022
Table 49 : Leading Players, Patient Monitoring Device Segments
Table 50 : Abbott Laboratories: Recent Financial Performance, FY 2019-FY 2021
Table 51 : Abbott Laboratories: Product Portfolio
Table 52 : Abbott Laboratories: Recent Developments, 2022
Table 53 : Bayer: Recent Financial Performance, FY 2019-FY 2021
Table 54 : Bayer Healthcare: Product Portfolio
Table 55 : Draeger AG: Recent Financial Performance, FY 2019-FY 2021
Table 56 : Draeger AG: Product Portfolio
Table 57 : Draeger AG: Patient Monitoring Device Product Portfolio
Table 58 : GE Healthcare: Recent Financial Performance, FY 2019-FY 2021
Table 59 : GE Healthcare: Product Portfolio
Table 60 : GE Healthcare: Patient Monitoring Device Portfolio
Table 61 : Medtronic: Recent Financial Performance, FY 2019-FY 2021
Table 62 : Medtronic: Product Portfolio
Table 63 : Medtronic: Patient Monitoring Device Product Portfolio
Table 64 : Medtronic: Recent Developments, 2022
Table 65 : Nihon Kohden Corp.: Recent Financial Performance, FY 2019-FY 2021
Table 66 : Omron Corp.: Recent Financial Performance, FY 2019-FY 2021
Table 67 : Omron Corp.: Patient Monitoring Device Product Portfolio
Table 68 : Philips: Recent Financial Performance, FY 2019-FY 2021
Table 69 : Philips Healthcare: Product Portfolio
Table 70 : Philips Healthcare: Patient Monitoring Device Product Portfolio
Table 71 : Roche Diagnostics: Recent Financial Performance, FY 2019-FY 2021
Table 72 : Roche Diagnostics: Product Portfolio
Table 73 : Roche Diagnostics: Patient Monitoring Device Product Portfolio
Table 74 : Spacelabs Healthcare: Patient Monitoring Device Product Portfolio
Table 75 : Welch Allyn: Patient Monitoring Device Product Portfolio
Table 76 : Abbreviations Used in This Report
List of Figures
Summary Figure A : Global Patient Monitoring Device Market Share, by Region, 2021
Summary Figure B : Global Patient Monitoring Device Market Share, by Product Type, 2021
Figure 1 : Value Chain of the Patient Monitoring Device Market
Figure 2 : Patient Monitoring Device Market: Porter's Five Forces Analysis
Figure 3 : Patient Monitoring Device Market: Bargaining Power of Suppliers
Figure 4 : Patient Monitoring Device Market: Bargaining Power of Consumers
Figure 5 : Patient Monitoring Device Market: Threat of New Entrants
Figure 6 : Patient Monitoring Devices Market: Competitive Rivalry
Figure 7 : Global Patient Monitoring Device Market Share, by Device Connectivity, 2021
Figure 8 : Global Wire-Connected Patient Monitoring Device Market Share, by Region, 2021
Figure 9 : Global Wireless-Connected Patient Monitoring Device Market Share, by Region, 2021
Figure 10 : Global Patient Monitoring Device Market Share, by Product Type, 2021
Figure 11 : Global Patient Monitoring Equipment Market Share, by Equipment/Device Category, 2021
Figure 12 : Global Multi-Parameter Patient Monitoring Device Market Share, by Region, 2021
Figure 13 : Global Blood Pressure Monitoring Device Market Share, by Region, 2021
Figure 14 : Global Cardiac Monitoring Device Market Share, by Region, 2021
Figure 15 : Global Respiratory/Sleep Disorder Monitoring Device Market Share, by Region, 2021
Figure 16 : Global Neuromonitor Market Share, by Region, 2021
Figure 17 : Global Blood Glucose Monitoring Device Market Share, by Region, 2021
Figure 18 : Global Remote Patient Monitoring Device Market Share, by Region, 2021
Figure 19 : Global Thermometer Market Share, by Region, 2021
Figure 20 : Global Anesthesia Monitoring Device Market Share, by Region, 2021
Figure 21 : Global Blood Gas Analyzer Market Share, by Region, 2021
Figure 22 : Global Fetal Monitoring Device Market Share, by Region, 2021
Figure 23 : Global Neonatal Monitoring Device Market Share, by Region, 2021
Figure 24 : Global Patient Monitoring Service Market Share, by Region, 2021
Figure 25 : Global Patient Monitoring Supply and Accessory Market Share, by Region, 2021
Figure 26 : Global Patient Monitoring Device Market Share, by End User, 2021
Figure 27 : Global Patient Monitoring Device Market Share, Hospital End Users, by Department, 2021
Figure 28 : Global Patient Monitoring Device Market Share, Hospital End Users, by Region, 2021
Figure 29 : Global Patient Monitoring Device Market Share, Homecare End Users, by Region, 2021
Figure 30 : Global Patient Monitoring Device Market Share, Medical Practitioner and Clinic End Users, by Region, 2021
Figure 31 : Global Patient Monitoring Device Market Share, Diagnostic Center and Laboratory End Users, by Region, 2021
Figure 32 : Global Patient Monitoring Device Market Share, Primary Healthcare and Community Healthcare Center End Users, by Region, 2021
Figure 33 : Global Patient Monitoring Device Market Share, Other End Users, by Region, 2021
Figure 34 : Global Patient Monitoring Device Market Share, by Region, 2021
Figure 35 : North American Patient Monitoring Device Market Share, by Device Connectivity, 2021
Figure 36 : North American Patient Monitoring Device Market Share, by Product Type, 2021
Figure 37 : North American Patient Monitoring Equipment Market Share, by Equipment/Device Category, 2021
Figure 38 : North American Patient Monitoring Device Market Share, by End User, 2021
Figure 39 : United States Patient Monitoring Device Market, 2021-2027
Figure 40 : Canadian Patient Monitoring Device Market, 2021-2027
Figure 41 : European Patient Monitoring Device Market Share, by Device Connectivity, 2021
Figure 42 : European Patient Monitoring Device Market Share, by Product Type, 2021
Figure 43 : European Patient Monitoring Equipment Market Share, by Equipment/Device Category, 2021
Figure 44 : European Patient Monitoring Device Market Share, by End User, 2021
Figure 45 : German Patient Monitoring Device Market, 2021-2027
Figure 46 : French Patient Monitoring Device Market, 2021-2027
Figure 47 : United Kingdom Patient Monitoring Device Market, 2021-2027
Figure 48 : Italian Patient Monitoring Device Market, 2021-2027
Figure 49 : Spanish Healthcare Spending Forecast, 2020-2025*
Figure 50 : Spanish Patient Monitoring Device Market, 2021-2027
Figure 51 : Rest of the European Patient Monitoring Device Market, 2021-2027
Figure 52 : Asia-Pacific Patient Monitoring Device Market Share, by Device Connectivity, 2021
Figure 53 : Asia-Pacific Patient Monitoring Device Market Share, by Product Type, 2021
Figure 54 : Asia-Pacific Patient Monitoring Equipment Market Share, by Equipment/Device Category, 2021
Figure 55 : Asia-Pacific Patient Monitoring Device Market Share, by End User, 2021
Figure 56 : Japanese Patient Monitoring Device Market, 2021-2027
Figure 57 : Chinese Patient Monitoring Device Market, 2021-2027
Figure 58 : Indian Patient Monitoring Device Market, 2021-2027
Figure 59 : South Korean Patient Monitoring Device Market, 2021-2027
Figure 60 : Rest of Asia-Pacific Patient Monitoring Device Market, 2021-2027
Figure 61 : Rest of World Patient Monitoring Device Market Share, by Device Connectivity, 2021
Figure 62 : Rest of World Patient Monitoring Device Market Share, by Product Type, 2021
Figure 63 : Rest of World Patient Monitoring Equipment Market Share, by Equipment/Device Category, 2021
Figure 64 : Rest of World Patient Monitoring Device Market Share, by End User, 2021
Figure 65 : Global Market Share, Major Players, Patient Monitoring Devices, 2021
Figure 66 : Global Market Share, Major Players, Blood Pressure Monitors, 2021
Figure 67 : Global Market Share, Major Players, Cardiac Monitoring Devices, 2021
Figure 68 : Abbott Laboratories: Revenue Share, by Product Segment, FY 2021
Figure 69 : Abbott Laboratories: Revenue Share, by Medical Device, FY 2021
Figure 70 : Bayer: Revenue Share, by Business Segment, FY 2021
Figure 71 : Draeger AG: Revenue Share, by Business Segment, FY 2021
Figure 72 : GE Healthcare: Revenue Share, by Product Segment, FY 2021
Figure 73 : Medtronic: Revenue Share, by Product Segment, FY 2021
Figure 74 : Nihon Kohden Corp.: Revenue Share, by Product Segment, FY 2021
Figure 75 : Nihon Kohden Corp.: Revenue Share, by Region, FY 2021
Figure 76 : Philips: Revenue Share, by Operating Segment, FY 2021
Figure 77 : Roche Diagnostics: Revenue Share, by Operating Segment, FY 2021
Figure 78 : Roche Diagnostics: Revenue Share, by Region, FY 2021
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