India Remote Patient Monitoring Devices Market Size & Outlook

The remote patient monitoring devices market in India is expected to reach a projected revenue of US$ 452.7 million by 2030. A compound annual growth rate of 23.2% is expected of India remote patient monitoring devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$105.2
Forecast, 2030 (US$M)
$452.7
CAGR, 2024 - 2030
23.2%
Report Coverage
India

India remote patient monitoring devices market, 2018-2030 (US$M)

India

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India remote patient monitoring devices market highlights

  • The India remote patient monitoring devices market generated a revenue of USD 105.2 million in 2023 and is expected to reach USD 452.7 million by 2030.
  • The India market is expected to grow at a CAGR of 23.2% from 2024 to 2030.
  • In terms of segment, specialized monitors was the largest revenue generating product in 2023.
  • Vital Sign Monitors is the most lucrative product segment registering the fastest growth during the forecast period.


Remote patient monitoring devices market data book summary

Market revenue in 2023USD 105.2 million
Market revenue in 2030USD 452.7 million
Growth rate23.2% (CAGR from 2023 to 2030)
Largest segmentSpecialized monitors
Fastest growing segmentVital Sign Monitors
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationVital Sign Monitors, Specialized Monitors
Key market players worldwideshenzhen mindray automation equipment co., Nihon Kohden Corp, OMRON Corp, OSI Systems Inc, Koninklijke Philips NV, Roche Holding AG ADR, Welch Allyn, Smiths Group PLC, Abbott Laboratories, Boston Scientific Corp, Draegerwerk AG & Co KGaA, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Johnson & Johnson, BioTelemetry, Medtronic PLC, Masimo Corp, Vital Farms Inc Ordinary Shares, BIOTRONIK, American Well Corp Ordinary Shares - Class A, CareValidate


Other key industry trends

  • In terms of revenue, India accounted for 2.0% of the global remote 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, South Korea remote patient monitoring devices 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 452.7 million by 2030.

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Remote Patient Monitoring Devices Market Scope

Remote patient monitoring devices market segmentation & scope
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Other Vital Sign Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Research Manufacturing
Aneroid Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Digital Blood Pressure Monitors
Arm
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Wrist
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fingure
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Ambulatory Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Pressure Transducers
Reusable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Disposable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Instrument & Accessories
Blood Pressure Cuffs
Reusable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Disposable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Others (Bladders, Bulbs and Valves, Manometers)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Portable
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fixed
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Pulse Oximeters
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Temperature Monitoring Devices
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Other Vital Sign Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing

Remote Patient Monitoring Devices Market Companies

Name Profile # Employees HQ Website

India remote 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 remote patient monitoring devices market will help companies and investors design strategic landscapes.


Specialized monitors was the largest segment with a revenue share of 82.6% in 2023. Horizon Databook has segmented the India remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.


In the Asia Pacific region, India is expected to witness lucrative growth over the forecast period owing to high untapped opportunities, increasing disposable income, and rising awareness.

As per an article published by PwC in 2016—Indian healthcare on the cusp of a digital transformation, the digital connectivity in India is anticipated to increase from 15% in 2014 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 high support to startups and entrepreneurs are further expected to boost innovation in the local market. Moreover, the growing use of smartphones, rising disposable incomes, and rising adoption of healthcare apps, especially among the younger Indian population, are also expected to facilitate the growth of remote patient monitoring in this country.

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Horizon Databook provides a detailed overview of country-level data and insights on the India remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into India remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India remote patient monitoring devices market size, by product, 2018-2030 (US$M)

India Remote Patient Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)

India remote patient monitoring devices market size, by product, 2018-2030 (US$M)

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