Global Digital Patient Monitoring Devices Market Size & Outlook
The digital patient monitoring devices industry worldwide is expected to reach a projected revenue of US$ 692,343.7 million by 2030. A compound annual growth rate of 25.6% is expected of the worldwide digital patient monitoring devices industry from 2024 to 2030.
Revenue, 2023 (US$M)
$140,428.7
Forecast, 2030 (US$M)
$692,343.7
CAGR, 2024 - 2030
25.6%
Report Coverage
Worldwide
Global digital patient monitoring devices market, 2018-2030 (US$M)
Related Markets
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 segmentation & scope
Wireless Sensor Technology
mHealth
Telehealth
Wearable Devices
Hospital Inpatient
Ambulatory Patient
Smart Homehealthcare
Vital Sign Monitors
Sleep Monitors
Fetal Monitors
Neuromonitors
Other Monitors
Insulin Monitors
Respiratory Monitors
Other Monitors
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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Our clientele includes a mix of digital patient monitoring devices market companies, investment firms, advisory firms & academic institutions.
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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 statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Digital patient monitoring devices market size, 2023 (USD Million)
Top 10 countries: Digital patient monitoring devices market size, 2023 (USD Million)
Global digital patient monitoring devices market, by region, 2023 (US$M)
Related regional statistics
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