Global Digital Patient Monitoring Devices Market Size & Outlook
Global digital patient monitoring devices market, 2018-2030 (US$M)
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Global digital patient monitoring devices market highlights
- The global digital patient monitoring devices market generated a revenue of USD 140,428.7 million in 2023 and is expected to reach USD 692,343.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 25.6% by 2030.
- In terms of segment, wearable devices accounted for a revenue of USD 43,955.1 million in 2023.
- MHealth is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 140,428.7 million |
| Market revenue in 2030 | USD 692,343.7 million |
| Growth rate | 25.6% (CAGR from 2023 to 2030) |
| Largest segment | Wearable devices |
| Fastest growing segment | MHealth |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wireless Sensor Technology, MHealth, Telehealth, Wearable Devices, Remote Patient Monitoring |
Other key industry trends
- In terms of revenue, the North America accounted for 40.8% of the global digital patient monitoring devices market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 2,733.1 million by 2030.
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Digital Patient Monitoring Devices Market Scope
Digital Patient Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global digital patient monitoring devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital patient monitoring devices market will help companies and investors design strategic landscapes.
Wearable devices was the largest segment with a revenue share of 31.3% in 2023. Horizon Databook has segmented the Global digital patient monitoring devices market based on wireless sensor technology, mhealth, telehealth, wearable devices, remote patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Digital Patient Monitoring Devices Type Outlook (Revenue, USD Million, 2018-2030)
- Wireless Sensor Technology
- mHealth
- Telehealth
- Wearable Devices
- Remote Patient Monitoring
- Hospital Inpatient
- Ambulatory Patient
- Smart Homehealthcare
- Global Digital Patient Monitoring Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Diagnostic Monitoring Devices
- Vital Sign Monitors
- Sleep Monitors
- Fetal Monitors
- Neuromonitors
- Other Monitors
- Therapeutic Monitoring Devices
- Insulin Monitors
- Respiratory Monitors
- Other Monitors
- Diagnostic Monitoring Devices
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Horizon Databook provides a detailed overview of global-level data and insights on the Global digital patient monitoring devices market , including forecasts for subscribers. This global databook contains high-level insights into Global digital patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global digital patient monitoring devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Digital patient monitoring devices market size, 2023 (US$M)
Global digital patient monitoring devices market share, by type, 2023 & 2030 (%, US$M)
Digital patient monitoring devices market: Opportunity assessment by country
Global digital patient monitoring devices market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 15,366.2 | 19,691.0 | 25,938.3 | 33,978.4 | 44,262.7 | 57,337.0 | 72,333.5 | 90,964.4 | 114,032.2 | 142,496.0 | 177,497.5 | 220,390.1 | 272,770.8 | 25.0% |
| Europe | 12,711.0 | 16,316.2 | 21,529.4 | 28,250.8 | 36,864.3 | 47,834.4 | 60,448.3 | 76,147.4 | 95,620.2 | 119,691.5 | 149,345.4 | 185,750.8 | 230,290.0 | 25.2% |
| Asia Pacific | 5,153.4 | 6,785.6 | 9,184.5 | 12,362.6 | 16,547.7 | 22,025.7 | 28,551.4 | 36,893.8 | 47,522.9 | 61,020.0 | 78,100.8 | 99,643.6 | 126,721.1 | 28.4% |
| Latin America | 2,456.3 | 3,166.4 | 4,195.9 | 5,529.2 | 7,245.6 | 9,441.7 | 11,982.1 | 15,158.0 | 19,115.1 | 24,028.7 | 30,109.1 | 37,607.7 | 46,823.2 | 25.7% |
| MEA | 1,000.3 | 1,294.0 | 1,715.2 | 2,253.9 | 2,935.9 | 3,790.1 | 4,748.5 | 5,908.8 | 7,300.8 | 8,954.5 | 10,897.8 | 13,154.3 | 15,738.7 | 22.6% |
| Overall | 36,687.2 | 47,253.2 | 62,563.2 | 82,374.9 | 107,856.2 | 140,428.7 | 178,063.6 | 225,072.4 | 283,591.3 | 356,190.6 | 445,950.7 | 556,546.4 | 692,343.7 | 25.6% |
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