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Mexico Remote Patient Monitoring Devices Market Size & Outlook

The remote patient monitoring devices market in Mexico is expected to reach a projected revenue of US$ 491.5 million by 2030. A compound annual growth rate of 17.9% is expected of Mexico remote patient monitoring devices market from 2024 to 2030.

Revenue, 2023 (US$M)
$154.8
Forecast, 2030 (US$M)
$491.5
CAGR, 2024 - 2030
17.9%
Report Coverage
Mexico

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

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Mexico

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Mexico remote patient monitoring devices market highlights

  • The Mexico remote patient monitoring devices market generated a revenue of USD 154.8 million in 2023 and is expected to reach USD 491.5 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 17.9% 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 154.8 million
Market revenue in 2030USD 491.5 million
Growth rate17.9% (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, Mexico accounted for 3.0% 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 Latin America, Brazil remote patient monitoring devices market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 787.3 million by 2030.

Key Regions: U.S. , UK , Japan , Brazil , UAE

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Remote Patient Monitoring Devices Market Scope

Remote patient monitoring devices market segmentation & scope
Product
Vital Sign Monitors
Blood Pressure Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Pulse Oximeters
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Heart Rate Monitor (ECG)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Temperature Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Respiratory Rate Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Brain Monitoring (EEG)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Other Vital Sign Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Specialized Monitors
Anesthesia Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Blood Glucose Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Cardiac Rhythm Monitor
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Respiratory Monitor
Capnographs
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Spirometers
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Fetal Heart Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Prothrombin Monitors
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Multi Parameter Monitors (MPM)
End Use
Hospitals
Outpatient Facilities
Homecare
Research Manufacturing
Others (Ventilators, Infusion Pumps and others)
End Use
Hospitals
Outpatient Facilities
Homecare
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
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
China
India
Japan
Australia
Thailand
South Korea
Saudi Arabia
South Africa
UAE
Kuwait
Argentina
Brazil
Mexico

Remote Patient Monitoring Devices Market Companies

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Mexico 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 82.56% in 2023. Horizon Databook has segmented the Mexico remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.


According to a poll conducted by the Workforce Institute, Mexico topped the global market in terms of consumer adoption and acceptance of digital patient monitoring devices. Mexico is anticipated to be a promising market for remote patient monitoring devices over the forecast period. 

Healthcare reforms, rising demand for home care, and the increasing burden of conditions such as diabetes and cardiovascular disorders are expected to drive the market.

According to a recent report by the Organization for Economic Co-operation and Development (OECD), Mexico is focused on strengthening its primary care and monitoring services to reduce hospital admissions. 

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Target buyers of Mexico remote patient monitoring devices market databook

  • Our clientele includes a mix of remote patient monitoring devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Mexico remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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

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