China Multiparameter Patient Monitoring Systems Market Size & Outlook
China multiparameter patient monitoring systems market, 2018-2030 (US$M)
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China multiparameter patient monitoring systems market highlights
- The China multiparameter patient monitoring systems market generated a revenue of USD 230.4 million in 2023 and is expected to reach USD 326.5 million by 2030.
- The China market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, portable was the largest revenue generating product in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
Multiparameter patient monitoring systems market data book summary
| Market revenue in 2023 | USD 230.4 million |
| Market revenue in 2030 | USD 326.5 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable, Fixed |
| Key market players worldwide | Spacelabs Healthcare, Koninklijke Philips NV, ICU Medical Inc, GE HealthCare Technologies Inc Common Stock, Draegerwerk AG & Co KGaA, Medtronic PLC, Masimo Corp, SCHILLER, shenzhen mindray automation equipment co., SternMed, Skanray Technologies |
Other key industry trends
- In terms of revenue, China accounted for 1.9% of the global multiparameter patient monitoring systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, South Korea multiparameter patient monitoring systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 372.5 million by 2030.
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Multiparameter Patient Monitoring Systems Market Scope
Multiparameter Patient Monitoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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China multiparameter patient monitoring systems 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 multiparameter patient monitoring systems market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 66.36% in 2023. Horizon Databook has segmented the China multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
The China multiparameter patient monitoring devices market is expected to witness lucrative growth over tie forecast period owing to the availability of abundant skilled labor, rising investments in this region, and supportive government initiatives.
With the high unmet medical needs of a large population, the market is expected to witness significant growth during the forecast period. Healthcare reforms currently being undertaken in China are expected to further boost the market.
For instance, Life Seeds - The China Rural Health Initiative (GRHI) is expected to provide healthcare access to unattended parts of China, thus creating opportunities for market players. Such initiatives are expected to boost penetration of multiparameter patient monitoring devices in China, thus boosting the market growth.
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Our clientele includes a mix of multiparameter patient monitoring systems 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 China multiparameter patient monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into China multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China multiparameter patient monitoring systems market size, by product, 2018-2030 (US$M)
China Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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