Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Patient Monitoring Devices Market size was over USD 58.28 billion in 2024 and is poised to exceed USD 154.73 billion by 2037, witnessing over 7.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of patient monitoring devices is evaluated at USD 62.14 billion.
The market is anticipated to show significant growth on account of the increasing ageing population and the growing requirement for monitoring health conditions of the patients suffering from various chronic diseases such as cardiovascular diseases, diabetes mellitus, and others. The market's growth can also be attributed to factors such as the increasing awareness and concerns regarding monitoring health parameters and vital signs globally.