Patient Monitoring Devices Market to be Worth $118.21 Billion by 2033 at CAGR of 10.21% - Grand View Research, Inc.

SAN FRANCISCO, Nov. 10, 2025 /PRNewswire/ -- The global patient monitoring devices market size is expected to reach USD 118.21 billion by 2033, registering a CAGR of 10.21% from 2025 to 2033, according to a new report by Grand View Research, Inc. This expansion is fundamentally driven by the increasing need to measure and display vital biometric data. This demand stems from three primary factors: the growing geriatric population and rising prevalence of chronic conditions like cardiovascular disease and diabetes, which require continuous monitoring; and the rapid adoption of telehealth and Remote Patient Monitoring (RPM) programs, which are increasing due to pressures from healthcare costs and staffing shortages, and which reflect strong clinician confidence in connected devices for managing patient care.

Technological advancements in miniaturization, battery life, and wireless connectivity are significant market drivers, enabling continuous and proactive management of chronic diseases. Innovations like the FDA-cleared Dexcom G7 Continuous Glucose Monitoring (CGM) system, which offers improved accuracy and longer wear time, and the Medtronic LINQ II insertable cardiac monitor with real-time Bluetooth data transmission, showcase how enhanced device design is boosting remote monitoring capabilities. Despite this positive growth outlook, challenges such as data security and reimbursement gaps for certain remote services must still be addressed.

Request a free sample copy of this report: Patient Monitoring Devices Market

Innovation is a key driver, accelerating with advancements in AI-enabled analytics, cellular connectivity, and device interoperability, pushing companies toward smart, patient-friendly solutions that offer continuous, reliable data and predictive insights for proactive care models. A notable example is Roche's July 2024 CE mark approval for its Accu-Chek SmartGuide CGM, a continuous glucose monitoring system integrating AI algorithms to predict hypoglycemia up to 30 minutes in advance, representing a significant technological leap in chronic disease management.

Patient Monitoring Devices Market Report Highlights:

• Based on product, the cardiac monitoring devices segment held the largest market share of 14.98% in 2024, driven by the high global prevalence of cardiovascular diseases and the resulting demand for continuous monitoring. Technological advancements, such as AI-enabled arrhythmia detection, wireless ECG patches, and integrated systems, also fuel increased adoption.
• The hospital segment led the market due to the rising number of patient admissions (injuries, chronic illnesses) and the high need for accurate, timely disease detection. Hospitals widely use multiparameter patient monitors to track vital signs in wards and ICUs.
• The North American market is dominant due to rising chronic illness, an aging population, and remote care adoption. Growth is driven by high demand and the use of advanced, user-friendly technology.

Read full market research report on Patient Monitoring Devices Market with TOC - Patient Monitoring Devices Market Size, Share & Trends Analysis Report By Product (Blood Glucose Monitoring Systems, Cardiac Monitoring Devices), By End Use (Hospitals, Ambulatory Surgery Centers, Home Care Settings), By Region, And Segment Forecasts, 2025 - 2033

Patient Monitoring Devices Market Segmentation

Grand View Research has segmented the global patient monitoring devices market based on product, end use, and region:

Patient Monitoring Devices Market - Product Outlook (Revenue, USD Million, 2021 - 2033)

• Blood Glucose Monitoring Systems
• Self-monitoring Blood Glucose Systems
• Continuous Glucose Monitoring Systems
• Cardiac Monitoring Devices
• ECG Devices
• Implantable Loop Recorders
• Event Monitors
• Mobile Cardiac Telemetry Monitors
• Smart/Wearable ECG Monitors
• Multi-parameter Monitoring Devices
• Low-acuity Monitoring Devices
• Mid-acuity Monitoring Devices
• High-acuity Monitoring Devices
• Respiratory Monitoring Devices
• Pulse Oximeters
• Spirometers
• Capnographs
• Peak Flow Meters
• Temperature Monitoring Devices
• Handheld Temperature Monitoring Devices
• Table-top Temperature Monitoring Devices
• Wearable Continuous Monitoring Devices
• Invasive Temperature Monitoring Devices
• Smart Temperature Monitoring Devices
• Hemodynamic/Pressure Monitoring Devices
• Hemodynamic Monitors
• Blood Pressure Monitors
• Disposables
• Fetal & Neonatal Monitoring Devices
• Fetal Monitoring Devices
• Neonatal Monitoring Devices
• Neuromonitoring Devices
• Electroencephalograph Machines
• Electromyography Machines
• Cerebral Oximeters
• Intracranial Pressure Monitors
• Magnetoencephalograph Machines
• Transcranial Doppler Machines
• Wearable Drug Delivery Systems
• Weight Monitoring Devices
• Digital
• Analog
• Other Patient Monitoring Devices

Patient Monitoring Devices Market - End Use Outlook (Revenue, USD Million, 2021 - 2033)

• Hospitals
• Ambulatory Surgery Centers
• Home Care Settings
• Others

Patient Monitoring Devices Market - Regional Outlook (Revenue, USD Million, 2021 - 2033)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Italy
• Spain
• Denmark
• Sweden
• Norway
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Thailand
• Latin America
• Brazil
• Argentina
• Middle East & Africa (MEA)
• South Africa
• Saudi Arabia
• UAE
• Kuwait

List of Key Players in the Patient Monitoring Devices Market

• Bosch
• Biotronik
• Welch Allyn
• Koninklijke Philips N.V.
• GE Healthcare
• Medtronic
• MASIMO CORPORATION
• Smiths Medical
• OMRON Corporation
• Mindray Medical India Pvt. Ltd.
• F. Hoffmann-La Roche Ltd
• Drägerwerk AG & Co. KGaA
• NIHON KOHDEN CORPORATION
• Natus Medical

Check out more related studies published by Grand View Research:

• Digital Patient Monitoring Devices Market - The global digital patient monitoring devices market size is anticipated to reach USD 692.34 billion by 2030, registering a CAGR of 25.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing prevalence of chronic diseases, and rising elderly population, are anticipated to have an impact on the growth of the market. In addition, market growth is anticipated to be fueled by increasing usage of next-generation technologies, such as artificial intelligence.
• Remote Patient Monitoring System Market - The global remote patient monitoring system market size is anticipated to reach USD 110.71 billion by 2033, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 19.8% from 2025 to 2033. The COVID-19 pandemic has had a significant impact on the remote patient monitoring system. The main drivers for this market are the increasing geriatric population, cost-effective treatment, and the rising prevalence of chronic conditions.
• Multiparameter Patient Monitoring Systems Market - The global multiparameter patient monitoring systems market size is estimated to reach USD 21.42 billion by 2033, registering to grow at a CAGR of 5.82% from 2025 to 2033, according to a new report by Grand View Research, Inc. Increasing health concerns and the resultant requirement to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems.
• Patient Monitoring Accessories Market - The global patient monitoring accessories market size is estimated to reach USD 18.25 billion by 2033, expanding at a CAGR of 9.05% from 2025 to 2033, according to a new report by Grand View Research, Inc. Patient monitoring accessories are supplemental products that are used in conjunction with patient monitoring devices to help healthcare professionals accomplish efficient clinical excellence and ensure a high level of quality patient care.

Browse More Industry Research Insights by Grand View Rese arch - https://www.grandviewresearch.com/research-insights

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research. Gain insights from 30K+ Global & Regional Reports, 120K+ Country Reports, 1.2M+ Market Statistics, 200K+ Company Profiles, and 5 business solutions encompassing ESG and Sustainability Consulting, Procurement Intelligence, Pricing Index and Analysis, and Consumer Analytics.

Contact:

Sherry James 
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Blog: https://globalindustryherald.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg