The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Asia-Pacific held the largest patient monitoring devices market share in 2022.

The global patient monitoring devices market grew from $23.46 billion in 2022 to $25.53 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The patient monitoring devices market is expected to grow to $34.5 billion in 2027 at a CAGR of 7.8%.

Major Driver In The Patient Monitoring Devices Market ­– Increase In Demand For Monitoring Devices
According to a report by Mercer, the US requires 2.3 million new healthcare workers by 2025; this includes nurses, physicians, lab technicians, and various other healthcare personnel.  This shortage is likely to drive the demand for monitoring systems as these devices allow medical professionals to track multiple patients remotely. This is expected to drive the market for patient monitoring devices in the forecast period.

View More On The Patient Monitoring Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/patient-monitoring-devices-global-market-report

Key Patient Monitoring Devices Market Segments
1) By Type: Fetal And Neonatal Monitoring Devices, Weight Monitoring And Body Temperature Monitoring Devices And Equipment, Vital Parameter Monitoring Devices And Equipment, Remote Patient Monitoring Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables

Recent Patient Monitoring Devices Market Trend – Customized MPMs
Patient monitoring device manufacturers are offering customized MPMs to cater to the growing patient pool. MPMs monitor different health parameters corresponding to patients’ health conditions.

Patient Monitoring Devices Market Prominent Players
Major companies in the patient monitoring devices market include General Electric Company, Koninklijke Philips N.V., Draegerwerk AG, Cardinal Health, Inc., Masimo, Stryker Corporation, Medtronic Inc., Edwards Lifesciences, Flex Ltd., and Nihon Kohden Corporation.

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The Patient Monitoring Devices Global Market Report 2023  provides a comprehensive overview on the patient monitoring devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the patient monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Patient monitoring devices are machines that are used to constantly monitor patients through various vital signs and warning systems to detect and record changes in patient health conditions.

View More Related Reports –
Weight Monitoring And Body Temperature Monitoring Devices And Equipment Global Market Report 2023
Remote Patient Monitoring Devices And Equipment Global Market Report 2023
Temperature Monitoring Devices Global Market Report 2023

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