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Patient Monitoring Equipment Market Report Suite - Global - 2022-2028 - MedSuite

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  • 405 Pages
  • January 2022
  • Region: Global
  • iData Research
  • ID: 5626323
In 2021, the global patient monitoring market size reached an approximate value of $9.8 billion, with the wireless ambulatory telemetry market showing the fastest growth and demand. In spite of the COVID-19 pandemic, the global market size is projected to increase over the forecasted period and exceed $12.3 billion in 2028. At this time, the majority of the global market share within the global patient monitoring industry is controlled by two main competitors - Philips Healthcare, and GE Healthcare.

Globally, there is an amplified awareness among both physicians and patients as to the benefits of monitoring in a wide selection of areas, including continual monitoring both in hospital as well as in the home. This is not only driving demand for current devices, but also motivating innovation in the market across multiple segments. As devices continue to lower their costs and improve their array of features, the healthcare population will be more motivated to act on this awareness to purchase new devices.

Patient monitoring is a relatively long-standing component of healthcare being offered in most regions around the world and, as such, certain markets have begun to saturate in terms of the installations of monitoring devices. Although somewhat buffered by technological advancements, the market for many patient monitoring devices is already saturated in certain key regions, such as North America and Western Europe. This market characteristic constrains the growth of the market, limiting the majority of sales to replacement sales.


  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • COVID-19 Impact Analysis
  • 10 Year Scope and Forecast Range
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • Disease Overviews and Demographic Information
  • Company Profiles and SWOT for Top Competitors


The effect of the pandemic on the global patient monitoring equipment market has varied depending on the segment. Many of the key market segments, including multi-parameter vitals sign monitoring, wireless ambulatory telemetry monitoring, pulse oximetry monitoring and blood pressure monitoring experienced an encouraging increase in total market value due to the COVID-19 pandemic. Despite overall declines to most procedural volumes internationally, monitoring of key patient vitals became increasingly important as the pandemic developed. This significantly increased the demand for various monitoring devices, particularly in regions with historically low saturation rates.


Overall, there are two major companies who lead and dominate the global patient monitoring equipment markets - Philips Healthcare, and GE Healthcare.

Philips Healthcare was the leading competitor in the global patient monitoring equipment market; While Philips led a number of notable segments, including multi-parameter vital signs monitoring, wireless ambulatory telemetry monitoring and fetal and neonatal monitoring. Philips has a globally recognized brand that allows the company to leverage into a strong market position in multiple regional markets.


  • Multi-Parameter Vital Sign Monitoring Market - MedCore - Multi-Parameter Vital Sign Monitoring markets consists of Low Acuity, Mid Acuity, High Acuity and Central Station device market segments
  • Wireless Ambulatory Telemetry Monitoring Market - MedCore - The Wireless Ambulatory Telemetry market is segmented into Patient-Worn Monitor and Central Station markets.
  • Electromyogram Monitoring Market- MedCore - The Electromyogram Monitoring market consists of EMG Monitor and EMG Consumables market segments.
  • Electroencephalogram Monitoring Market - MedCore - The Electroencephalogram Monitoring market is segmented into Depth of Anesthesia EEG and Diagnostic EGG markets.
  • Fetal and Neonatal Monitoring Market - MedCore - The Fetal and Neonatal Monitoring market is comprised of Fetal and Neonatal markets.
  • Pulse Oximetry Monitoring Market - MedCore - The Pulse Oximetry Monitoring market is further divided into Hospital-based, Alternate-care, and OEM Circuit Board market segments.
  • Blood Pressure Monitoring Market - MedCore - The Blood Pressure Monitoring market is an umbrella term for Personal and Professional Monitoring devices.


  • North America - (Canada, United States)
  • Latin America - (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
  • Western Europe - (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
  • Central & Eastern Europe - (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
  • Middle East - (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
  • Asia Pacific - (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
  • Africa - (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
  • Base Year: 2021
  • Forecast: 2022 - 2028
  • Historical Data: 2018 - 2021
  • Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices
  • Qualitative Coverage: COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
  • Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, Internal Database.

Table of Contents

1. Executive Summary
  • Global Patient Monitoring Equipment Market Overview
  • Competitive Analysis
  • Market Trends
  • Market Developments
  • Markets Included
  • Regions Included
  • Version History
  • Research Methodology
  • Step 1: Project Initiation & Team Selection
  • Step 2: Prepare Data Systems and Perform Secondary Research
  • Step 3: Preparation for Interviews & Questionnaire Design
  • Step 4: Performing Primary Research
  • Step 5: Research Analysis: Establishing Baseline Estimates
  • Step 6: Market Forecast and Analysis
  • Step 7: Identify Strategic Opportunities
  • Step 8: Final Review and Market Release
  • Step 9: Customer Feedback and Market Monitoring
2. Impact of Covid-19 on the Global Patient Monitoring Equipment Market
2.1 Introduction
2.2 Regional Profiles
2.3 Analysis by Market Segment
2.3.1 Worst Case Scenario
2.3.2 Base Case Scenario
2.3.3 Best Case Scenario
3. Product Assessment
3.1 Introduction
3.2 Hospital Settings
3.3 Product Portfolios
3.3.1 Blood Pressure Monitoring
3.3.2 Cardiac Output Monitoring Pulmonary Artery Catheter Minimally and Non-Invasive Monitoring
3.3.3 Cerebral Oximetry Monitoring
3.3.4 Electroencephalogram Monitoring (Eeg)
3.3.5 Electromyogram Monitoring (Emg)
3.3.6 Fetal and Neonatal Monitoring Fetal Monitoring Neonatal Monitoring
3.3.7 Intracranial Pressure Monitoring (Icp)
3.3.8 Multi-Parameter Vital Signs Monitoring
3.3.9 Pulse Oximetry Monitoring
3.3.10 Telehealth Telehealth Solutions Cardiac Implantable Electronic Devices
3.3.11 Wireless Ambulatory Telemetry Monitoring Wireless Ambulatory Telemetry Monitoring Central Stations System Infrastructure
3.3.12 Electrocardiogram Monitoring (Ecg) Holter Monitoring Stress Testing
3.4 Regulatory Issues and Recalls
3.4.1 Boston Scientific
3.4.2 Edwards Lifesciences
3.4.3 GE Healthcare
3.4.4 Icu Medical
3.4.5 Medtronic
3.4.6 Mindray Medical
3.4.7 Nihon Kohden
3.4.8 Nonin Medical
3.4.9 Philips
3.4.10 Spacelabs Healthcare
3.4.11 Welch Allyn
3.5 Clinical Trials
3.5.1 Blood Pressure Monitoring Omron Healthcare Other Companies
3.5.2 Cardiac Output Monitoring Edwards Lifesciences
3.5.3 Electroencephalogram Monitoring (Eeg) Medtronic
3.5.4 Fetal and Neonatal Monitoring GE Healthcare Medtronic
3.5 Intracranial Pressure Monitoring (Icp) Other Companies
3.5.6 Pulse Oximetry Monitoring Masimo Medtronic Other Companies
3.5.7 Telehealth Edward Lifesciences GE Healthcare Medtronic Other Companies
4. Global Patient Monitoring Equipment Market Overview
4.1 Introduction
4.2 Market Overview & Trend Analysis
4.2.1 by Segment
4.2.2 by Region
4.3 Drivers and Limiters
4.3.1 Market Drivers
4.3.2 Market Limiters
4.4 Competitive Market Share Analysis
4.5 Mergers and Acquisitions
4.6 Company Profiles
4.6.1 Edward Lifesciences
4.6.2 GE Healthcare
4.6.3 Honeywell Life Sciences
4.6.4 Masimo
4.6.5 Medtronic
4.6.6 Mindray Medical
4.6.7 Natus Medical
4.6.8 Nihon Kohden
4.6.9 Omron Healthcare
4.6.10 Philips Healthcare
4.6.11 Spacelabs Healthcare
4.6.12 Welch Allyn
4.7 SWOT Analysis
4.7.1 Edwards Lifesciences
4.7.2 GE Healthcare
4.7.3 Honeywell Life Sciences
4.7.4 Masimo
4.7.5 Medtronic
4.7.6 Mindray Medical
4.7.7 Natus Medical
4.7.8 Nihon Kohden
4.7.9 Omron Healthcare
4.7.10 Philips Healthcare
4.7.11 Spacelabs Healthcare
4.7.12 Welch Allyn
5. Multi-Parameter Vital Signs Monitoring Market
5.1 Executive Summary
5.1.1 Global Multi-Parameter Vital Signs Monitoring Market Overview
5.1.2 Competitive Analysis
5.1.3 Markets Included
5.1.4 Regions Included
5.2 Introduction
5.2.1 the Evolution of Multi-Parameter Patient Monitoring
5.3 Market Overview
5.3.1 by Segment
5.3.2 by Region
5.4 Market Analysis and Forecast
5.4.1 Low-Acuity Vital Signs Monitoring Market
5.4.2 Mid-Acuity Vital Signs Monitoring Market
5.4.3 High-Acuity Vital Signs Monitoring Market
5.4.4 Central Station Monitoring Market
5.5 Drivers and Limiters
5.5.1Market Drivers
5.5.2 Market Limiters
5.6 Competitive Market Share Analysis
6. Wireless Ambulatory Telemetry Monitoring Market
6.1 Executive Summary
6.1.1 Global Wireless Ambulatory Telemetry Monitoring Market Overview
6.1.2 Competitive Analysis
6.1.3 Markets Included
6.1.4 Regions Included
6.2 Introduction
6.2.1 Wireless Ambulatory Telemetry Monitors
6.2.2 Central Stations
6.2.3System Infrastructure
6.3 Market Overview
6.3.1 by Segment
6.3.2 by Region
6.4 Market Analysis and Forecast
6.4.1 Patient-Worn Monitor Market
6.4.2 Wireless Ambulatory Telemetry Central Station Market
6.5 Drivers and Limiters
6.5.1 Market Drivers
6.5.2 Market Limiters
6.6 Competitive Market Share Analysis
7. Electromyogram Monitoring Market7.1 Executive Summary
7.1.1 Global Electromyogram Monitoring Market Overview
7.1.2 Competitive Analysis
7.1.3 Markets Included
7.1.4 Regions Included
7.2.1 Neuropathy
7.2.2 Myopathy
7.2.3 Applications
7.2.4 Complications
7.3 Market Overview
7.3.1 by Segment
7.3.2 by Region
7.4 Market Analysis and Forecast
7.4.1 Emg Monitor Market
7.4.2 Emg Consumables Market Emg Concentric Needle Market Emg Monopolar Needle Market Emg Surface Electrode Market
7.5 Drivers and Limiters
7.5.1 Market Drivers
7.5.2 Market Limiters
7.6 Competitive Market Share Analysis

8. Electroencephalogram Monitoring Market
8.1 Executive Summary
8.1.1 Global Electroencephalogram Monitoring Market Overview
8.1.2 Competitive Analysis
8.1.3 Markets Included
8.1.4 Regions Included
8.2 Introduction
8.2.1 Epileptic Seizures
8.2.2 Psychogenic Non-Epileptic Seizures
8.2.3 Applications
8.2.4 Device Types Clinical Eeg Monitoring Long-Term Eeg Monitoring Icu Eeg Monitoring Research Eeg Monitoring Depth of Anesthesia Eeg Monitoring
8.2.5 Emerging Markets: Consumer Eeg
8.3 Market Overview
8.3.1 by Segment
8.3.2 by Region
8.4 Market Analysis and Forecast
8.4.1 Eeg Monitor Market
8.4.2 Eeg Electrode Market Disposable Eeg Electrode Market Reusable Eeg Electrode Market
8.5 Drivers and Limiters
8.5.1 Market Drivers
8.5.2 Market Limiters
8.6 Competitive Market Share Analysis
9. Fetal and Neonatal Monitoring Market
9.1 Executive Summary
9.1.1 Global Fetal and Neonatal Monitoring Market Overview
9.1.2 Competitive Analysis
9.1.3 Markets Included
9.1.4 Regions Included
9.2 Introduction
9.2.1 Fetal Monitoring
9.2.2 Neonatal Monitoring
9.2.3 Invasive and Non-Invasive Monitoring
9.3 Market Overview
9.3.1 by Segment
9.3.2 by Region
9.4 Market Analysis and Forecast
9.4.1 Fetal Monitoring Market
9.4.2 Neonatal Monitoring Market
9.5 Drivers and Limiters
9.5.1 Market Drivers
9.5.2 Market Limiters
9.6 Competitive Market Share Analysis
10. Pulse Oximetry Monitoring Market
10.1 Executive Summary
10.1.1 Global Pulse Oximetry Monitoring Market Overview
10.1.2 Competitive Analysis
10.1.3 Markets Included
10.1.4 Regions Included
10.2 Introduction
10.2.1 Types of Oxygen Saturation Monitoring
10.2.2 Limitations of Pulse Oximetry
10.2.3 Emerging Technology: Laser Pulse Oximetry
10.3 Market Overview
10.3.1 by Segment
10.3.2 by Region
10.4 Market Analysis and Forecast
10.4.1 Pulse Oximetry Monitor Market Pulse Oximetry Monitor Market Handheld Pulse Oximetry Monitor Market
10.4.2 Pulse Oximetry Monitoring Sensor Market Disposable Pulse Oximetry Monitoring Sensor Market Reusable Pulse Oximetry Monitoring Sensor Market
10.5 Drivers and Limiters
10.5.1 Market Drivers
10.5.2 Market Limiters
10.6 Competitive Market Share Analysis
11. Blood Pressure Monitoring Market
11.1 Executive Summary
11.1.1 Global Blood Pressure Monitoring Market Overview
11.1.2 Competitive Analysis
11.1.3 Markets Included
11.1.4 Regions Included
11.2 Introduction
11.2.1 Aneroid Versus Digital Blood Pressure Monitoring
11.3 Market Overview
11.3.1 by Segment
11.3.2 by Region
11.4 Market Analysis and Forecast
11.4.1 Personal Blood Pressure Monitoring Market
11.4.2 Professional Blood Pressure Monitoring Market
11.5 Drivers and Limiters
11.5.1 Market Drivers
11.5.2 Market Limiters
11.6 Competitive Market Share Analysis

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advanced Brain Monitoring
  • Elmiko
  • Analogic Corporation
  • EMD Biomedical
  • Beurer
  • EMS Biomedical
  • Biolight
  • Fukuda Denshi
  • Bionen
  • GE Healthcare
  • Bionet
  • Geratherm Medical
  • BMA Solutions
  • Heyer Medical AG
  • Borze India
  • Holtex
  • Bosch + Sohn GmbH
  • HoMedics
  • Cadwell Laboratories
  • Huntleigh Medical
  • Cardioline
  • HydroDot
  • Carewell
  • Infinium Medical
  • Charter Kontron
  • Inomed
  • ChoiceMMed
  • Ives EEG Solutions
  • Citizen Systems
  • Ivy Biomedical
  • Clarity Medical
  • Kestrel Laboratories
  • Clinical Computer Systems
  • Labtron
  • Color Doctor
  • Laerdal Global Health
  • Lanaform
  • Comepa
  • Luckcome
  • Compumedics
  • Masimo
  • Contec Medical Systems
  • McKesson
  • Cooper Surgical
  • Mediaid Inc
  • Criticare Systems
  • Mediana
  • Daray Medical
  • Medifit Instruments
  • Devon Medical
  • Medisanté AG
  • Drager Medical
  • Medlab GmbH
  • EBNeuro
  • Medline
  • Edan Medical
  • Medtronic
  • EGI
  • Mennen Medical
  • Electro Geodesics
  • Microlife
  • Micromed
  • RGB Medical
  • Mindray Medical
  • RMS Medical
  • Mitsar
  • Rochester Medical
  • Mortara
  • Rudolf Riester
  • Natus Medical
  • Samsung
  • NCC Medical
  • Santamedical
  • Neoventa
  • Schiller
  • Neuroelectrics
  • SEI EMG S.r.l
  • Neurosign Surgical
  • Shimmer
  • Neurosoft
  • Smiths Medical
  • Neurowerk
  • Spacelabs Healthcare
  • Nidek India
  • Spengler
  • Nihon Kohden
  • Spes Medica
  • Noraxon
  • SunTech Medical
  • Omron Healthcare
  • Technomed
  • Osypka Medical
  • Tecno-Gas S.p.A
  • Panasonic
  • Teijin Pharma
  • Penlon
  • Utah Medical
  • PeriGen
  • Veridian Healthcare
  • Perlong Medical
  • Versalab
  • Philips Healthcare
  • WA Baum
  • Premier Value
  • Wallach
  • Progetti Medical
  • Welch Allyn