India Digital Patient Monitoring Devices Market Size & Outlook
India digital patient monitoring devices market, 2018-2030 (US$M)
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India digital patient monitoring devices market highlights
- The India digital patient monitoring devices market generated a revenue of USD 3,753.7 million in 2023 and is expected to reach USD 22,192.3 million by 2030.
- The India market is expected to grow at a CAGR of 28.9% 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 3,753.7 million |
| Market revenue in 2030 | USD 22,192.3 million |
| Growth rate | 28.9% (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, India accounted for 2.7% 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 Asia Pacific, Japan digital patient monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 34,579.5 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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India 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 India 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.
Indians are more likely to develop diabetes than people in other parts of the world, such as America, Europe, because Indian diets are high in carbohydrates and saturated fats, which add more sugar and calories to the body than it needs.
Sedentary lifestyles and obesity are also factors contributing to the high prevalence of diabetes. Thus, the high prevalence of chronic diseases in India is expected to propel the growth of the digital patient monitoring devices market.
Additionally, factors such as new product launches, presence of global players and increasing prevalence of lifestyle diseases such as diabetes expected to drive growth of market.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India digital patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into India digital patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India digital patient monitoring devices market size, by type, 2018-2030 (US$M)
India Digital Patient Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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