Physiological Monitors Market Trends 2025-2034: Insights into Growth and Strategic Opportunities Ahead
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How Will the Physiological Monitors Market’s Growth Rate Evolve Over the Forecast Period to 2034?
The market size of physiological monitors has seen robust growth in the past few years. It is projected to increase from a value of $103.11 billion in 2024 to $115.05 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The expansion in the historical period was powered by factors such as an aging population, management of chronic diseases, focus on patient-centered healthcare, incorporation with electronic health records (EHR), and advancements in IoT and connectivity.
The size of the physiological monitors market is anticipated to experience a swift expansion in the coming years, with predictions reaching $176.77 billion by 2029, displaying a compound annual growth rate (CAGR) of 11.3%. The augmentation in the forecast period is likely due to the integration of AI and data analytics, emphasis on preventive healthcare, growth of telehealth, home healthcare movement, and worldwide health difficulties. Notable trends within the forecast period incorporate adoption of wearable technology, reduction in tech size, remote patient supervision, progress in healthcare technology, and non-invasive monitoring techniques.
What Factors Are Propelling the Growth of the Physiological Monitors Market from 2025 to 2034?
The increased occurrence of long-term health problems is anticipated to spur the expansion of the physiological monitors market. Chronic diseases, defined as health conditions with symptoms persisting for at least a year, can be effectively managed through physiological monitors that provide immediate health information. This allows for prompt interventions and customized care for those suffering from these conditions. In support of this, statistics from the National Institutes of Health, a US government agency, projected in January 2023 that by 2035, 35.66% (range: 33.36–36.04) of adults over the age of 50 will have at least one chronic ailment, a statistic that is likely to increase to 47.81% (range: 46.09–49.71) by 2050. Thus, the escalating instances of chronic diseases are fuelling the growth of the physiological monitors market.
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Who Are the Influential Players Reshaping the Physiological Monitors Market Landscape?
Major companies operating in the physiological monitors market report are F. Hoffmann-La Roche Ltd., Panasonic Corporation, Abbott Laboratories, Honeywell International Inc., Medtronic PLC, Siemens Healthineers, Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company (BD), Philips Healthcare, General Electric Company (GE Healthcare), Baxter International Inc., Boston Scientific Corporation, OMRON Healthcare Co. Ltd., Edwards Lifesciences Corporation, Mindray Medical International Ltd., Smiths Medical, Hill-Rom Holdings Inc., Masimo Corporation, Nihon Kohden Corporation, OSI Systems Inc., Spacelabs Healthcare, Kontron AG, Welch Allyn, Natus Medical Incorporated, A&D Company Limited, Owlet Baby Care, Nonin Medical Inc., CAS Medical Systems Inc.
What New and Evolving Trends Are Having a Lasting Impact on the Physiological Monitors Market?
Major players in the market for physiological monitors are increasingly shifting their focus towards the creation of cutting-edge solutions such as wireless patient monitoring systems, aiming to secure a competitive advantage. A wireless patient monitoring system, a pioneering technological development, allows for the continuous monitoring of a patient’s essential health indicators like heart rate, blood pressure, and oxygen levels, without the need for cables or wires. For example, in June 2022, GE Healthcare Technologies Inc., a medical technology firm based in the US, unveiled Portrait Mobile. This system aids healthcare professionals in recognizing the early signs of patient deterioration, thereby enhancing patient results. Portrait Mobile gathers patient vital health data via wearable sensors attached to the patient’s body. This includes metrics like heart rate, blood pressure, oxygen saturation, and breathing rate. By offering continuous monitoring of a patient’s vital signs, it enables healthcare professionals to promptly detect any changes in a patient’s health status.
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Which Growth-Oriented Segments of the Physiological Monitors Market Are Leading the Industry’s Development?
The physiological monitors market covered in this report is segmented –
1) By Type: Hemodynamic Monitoring Devices, Neuromonitoring Devices, Cardiac Monitoring Devices, Respiratory Monitoring Devices, Other Types
2) By Application: Cardiology, Neurology, Respiratory, Fetal And Neonatal, Weight Management And Fitness Monitoring, Other Applications
3) By End User: Hospital, Clinic, Other End Users
Subsegments:
1) By Hemodynamic Monitoring Devices: Invasive Hemodynamic Monitors, Non-Invasive Hemodynamic Monitors
2) By Neuromonitoring Devices: EEG Monitors, Intracranial Pressure Monitors, Brain Function Monitors
3) By Cardiac Monitoring Devices: ECG Monitors, Holter Monitors, Implantable Cardiac Monitors
4) By Respiratory Monitoring Devices: Pulse Oximeters, Capnometers, Spirometers
5) By Other Types: Temperature Monitors, Blood Glucose Monitors, Multivariable Monitors
Which Geographic Locations Are Critical to the Growth of the Physiological Monitors Market?
North America was the largest region in the physiological monitors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physiological monitors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Do Experts Define the Scope of the Physiological Monitors Market?
Physiological monitors are devices that track and measure vital signs or bodily functions to assess and monitor an individual’s health status. These monitors are used to inform clinicians of changes in a patient’s condition by continuously monitoring vital sign parameters and providing alerts through the use of alarms, enabling early detection of vital sign deterioration.
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