Germany Digital Patient Monitoring Devices Market Size & Outlook
Germany digital patient monitoring devices market, 2018-2030 (US$M)
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Germany digital patient monitoring devices market highlights
- The Germany digital patient monitoring devices market generated a revenue of USD 10,836.3 million in 2023 and is expected to reach USD 49,964.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 24.4% from 2024 to 2030.
- In terms of segment, wearable devices was the largest revenue generating type in 2023.
- MHealth is the most lucrative type segment registering the fastest growth during the forecast period.
Digital patient monitoring devices market data book summary
| Market revenue in 2023 | USD 10,836.3 million |
| Market revenue in 2030 | USD 49,964.6 million |
| Growth rate | 24.4% (CAGR from 2023 to 2030) |
| Largest segment | Wearable devices |
| Fastest growing segment | MHealth |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wireless Sensor Technology, MHealth, Telehealth, Wearable Devices, Remote Patient Monitoring |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, AT&T, Athenahealth, Abbott Laboratories, Koninklijke Philips NV, Hill-Rom, Medtronic PLC, OMRON Corp, Fitbit, Garmin Ltd, ResMed Inc, Siren |
Other key industry trends
- In terms of revenue, Germany accounted for 7.7% of the global digital patient monitoring devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK digital patient monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 51,134.9 million by 2030.
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Digital Patient Monitoring Devices Market Scope
Digital Patient Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 Germany 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.
Germany is one of the countries with fastest growth rate of aging population. As per the WHO, in 2014 nearly 21% of the population was aged 65 years and above in the country. As per the OECD data, approximately 33% of population in Germany will be above 65 years of age and nearly 15% of population is expected to be above 80 years of age by 2050.
Furthermore, around 53 % of women and 67 % of men were overweight, while 24 % of women and 23 % of men were obese in 2015. The greater the percentage of body fat, the more serious the health consequences can be.
In addition, hypertension is estimated to affect one-third of all adults in Germany. High prevalence of these diseases is anticipated to further drive demand for digital patient monitoring products.
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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 country-level data and insights on the Germany digital patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany digital patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany digital patient monitoring devices market size, by type, 2018-2030 (US$M)
Germany Digital Patient Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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