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Global Digital Patient Monitoring Devices Market: By Product Type: Haemodynamic Monitoring Devices, Neuromonitoring Devices, Cardiac Monitoring Devices, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Digital Patient Monitoring Devices Market Outlook

The global digital patient monitoring devices market size attained a value of USD 40 billion in 2020. The market is expected to grow over the forecast period of 2021-2026 at a CAGR of 28.3%.

 

Global Digital Patient Monitoring Devices Market

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Increasing consumer awareness regarding fitness and a healthy lifestyle is expected to drive the market growth. Lifestyle-associated diseases, including hypertension and diabetes, and the requirement for patient care round the clock is expected to drive the market growth.

 

Properties and Applications

Digital patient monitoring is a sub-category of home care telehealth that enables patients to use mobile medical devices and software to capture and send health care professionals patient-generated health data (PGHD). It is often used to support acute, post-discharge, and senior care patients.

 

Global Digital Patient Monitoring Devices Market By End Use

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The digital patient monitoring devices industry can be divided based on segments like product type and end-use. The industry can be broadly categorised based on product type into:

  • Haemodynamic Monitoring Devices
  • Neuromonitoring Devices
  • Cardiac Monitoring Devices
  • Foetal and Neonatal Monitoring Devices
  • Respiratory Monitors
  • Multiparameter Monitoring Devices
  • Remote Patient Monitoring Devices
  • Weight Monitoring Devices
  • Temperature Monitoring Devices
  • Urine Output Monitoring Devices

The industry can be divided based on end-use as:

  • Hospitals
  • Home Settings
  • Ambulatory Surgical Centres (ASC)

The EMR report looks into the regional markets of digital patient monitoring devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

 

Global Digital Patient Monitoring Devices Market By Region

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Market Analysis

Organizations such as Apple, Fitbit, and Xiaomi are launching wearable devices that are driving the demand for electronic health monitoring. Start-up wearables companies concentrate on areas of mHealth such as personal safety, women's health, and hydration monitoring that offer exciting prospects for the remote patient monitoring market growth. Digital patient management provides a comprehensive platform for various types of care settings, along with unique features that provide a seamless workflow, medical reliability, and improved patient care.

Remote monitoring of patients guarantees consistency in systems of diagnosis and disease management. The increasing promotion and use of the online platform to generate positive health outcomes, along with a high preference for portable devices is expected to drive the growth in the segment.

Due to the rising incidences of hacking and data theft, the demand for better cybersecurity in the healthcare sector is expected to restrict the industry growth over the forecast period.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global digital patient monitoring devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Abbott Laboratories (NYSE: ABT)
  • Biotronik SE & Co. KG
  • General Electric Company 
  • F. Hoffmann-La Roche Ltd.
  • Johnson & Johnson 
  • Koninklijke Philips N.V. 
  • Masimo Corporation 
  • Medtronic plc 
  • Nihon Kohden Corporation 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces.

 

Key Questions Answered in the Market Report

  • How has the global digital patient monitoring devices market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the global market?
  • What are the import and export trends in the global digital patient monitoring devices market?
  • Who are the top importers and exporters of digital patient monitoring devices in the industry globally?
  • Who are the key manufacturers in the global digital patient monitoring devices market?
  • What is the degree of competition in the global market?
  • What are the major events and developments taking place within the global market?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Digital Patient Monitoring Devices Market Analysis
    6.1    Global Digital Patient Monitoring Devices Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Digital Patient Monitoring Devices Market Breakup by Product Type
        6.2.1    Haemodynamic Monitoring Devices
        6.2.2    Neuromonitoring Devices
        6.2.3    Cardiac Monitoring Devices
        6.2.4    Foetal and Neonatal Monitoring Devices
        6.2.5    Respiratory Monitors
        6.2.6    Multiparameter Monitoring Devices
        6.2.7    Remote Patient Monitoring Devices
        6.2.8    Weight Monitoring Devices
        6.2.9    Temperature Monitoring Devices
        6.2.10    Urine Output Monitoring Devices
    6.3    Global Digital Patient Monitoring Devices Market Breakup by Product Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Haemodynamic Monitoring Devices
        6.3.2    Neuromonitoring Devices
        6.3.3    Cardiac Monitoring Devices
        6.3.4    Foetal and Neonatal Monitoring Devices
        6.3.5    Respiratory Monitors
        6.3.6    Multiparameter Monitoring Devices
        6.3.7    Remote Patient Monitoring Devices
        6.3.8    Weight Monitoring Devices
        6.3.9    Temperature Monitoring Devices
        6.3.10    Urine Output Monitoring Devices
    6.4    Global Digital Patient Monitoring Devices Market Breakup by End Use
        6.4.1    Hospitals
        6.4.2    Home Settings
        6.4.3    Ambulatory Surgical Centres (ASC)
    6.5    Global Digital Patient Monitoring Devices Market Breakup by End Use: Historical Market (2016-2020) & Forecast (2021-2026) 
        6.5.1    Hospitals
        6.5.2    Home Settings
        6.5.3    Ambulatory Surgical Centres (ASC)
    6.6    Global Digital Patient Monitoring Devices Market Breakup by Region
        6.6.1    North America
            6.6.1.1    United States of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    Germany
            6.6.2.2    United Kingdom
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    ASEAN
            6.6.3.5    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Mexico
            6.6.4.4    Others
        6.6.5    Middle East & Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7     Global Digital Patient Monitoring Devices Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    North America
            6.7.1.1    United States of America
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    Germany
            6.7.2.2    United Kingdom
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    ASEAN
            6.7.3.5    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Mexico
            6.7.4.4    Others
        6.7.5    Middle East & Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Competitive Landscape & Supplier Analysis 
    9.1    Abbott Laboratories (NYSE: ABT)
    9.2    Biotronik SE & Co. KG
    9.3    General Electric Company (NYSE: GE)
    9.4    F. Hoffmann-La Roche Ltd.
    9.5    Johnson & Johnson (NYSE: JNJ)
    9.6    Koninklijke Philips N.V. (AMS: PHIA)
    9.7    Masimo Corporation (NASDAQ: MASI)
    9.8    Medtronic plc (NYSE: MDT)
    9.9    Nihon Kohden Corporation (TYO: 6849)
    9.10    Others
10    Industry Events and Developments

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