Italy Multiparameter Patient Monitoring Systems Market Size & Outlook
Italy multiparameter patient monitoring systems market, 2018-2030 (US$M)
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Italy multiparameter patient monitoring systems market highlights
- The Italy multiparameter patient monitoring systems market generated a revenue of USD 903.1 million in 2023 and is expected to reach USD 1,361.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 6% 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 903.1 million |
| Market revenue in 2030 | USD 1,361.6 million |
| Growth rate | 6% (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, Italy accounted for 7.4% 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 Europe, Italy multiparameter patient monitoring systems 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 654.1 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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Italy 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 66.35% in 2023. Horizon Databook has segmented the Italy multiparameter patient monitoring systems market based on portable, fixed covering the revenue growth of each sub-segment from 2018 to 2030.
In order to control or curb rising healthcare expenditure, the government is inclined toward adopting new technologies, such as remote patient monitoring. These devices are mostly used in combination with implantable pacemakers and defibrillators.
A study was conducted in Veneto, Italy to observe decrease in healthcare expenditure, wherein patients suffering from Chronic Obstructive Pulmonary Disorder (COPD) were remotely monitored against nonmonitored COPD patients.
The results displayed that the patients who were remotely monitored had a higher expenditure initially due to the use of this technology. However, over a period of time, the demand treatment cost decreased due to fewer consultations.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy multiparameter patient monitoring systems market , including forecasts for subscribers. This country databook contains high-level insights into Italy multiparameter patient monitoring systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy multiparameter patient monitoring systems market size, by product, 2018-2030 (US$M)
Italy Multiparameter Patient Monitoring Systems Market Outlook Share, 2023 & 2030 (US$M)
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