India Multiparameter Patient Monitoring Systems Market Size & Outlook
India multiparameter patient monitoring systems market, 2018-2030 (US$M)
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India multiparameter patient monitoring systems market highlights
- The India multiparameter patient monitoring systems market generated a revenue of USD 198.6 million in 2023 and is expected to reach USD 372.5 million by 2030.
- The India market is expected to grow at a CAGR of 9.4% 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 198.6 million |
| Market revenue in 2030 | USD 372.5 million |
| Growth rate | 9.4% (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, India accounted for 1.6% 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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India 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 66.31% in 2023. Horizon Databook has segmented the India multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of high untapped market opportunities, increasing disposable income, and rising healthcare awareness among patients in India are anticipated to fuel the market growth over the forecast period.
As per an article published by PwC titled “Indian Healthcare on the Cusp of Digital Transformation,” digital connectivity in India is anticipated to increase from 47% in 2022 to 80% in 2034, and rural internet users are anticipated to increase by 58% annually.
India’s focus on improving health outcomes by digitizing healthcare and strong support to startups and entrepreneurs is further expected to boost innovation in India.
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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 India multiparameter patient monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into India multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India multiparameter patient monitoring systems market size, by product, 2018-2030 (US$M)
India Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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