Patient Care Monitoring Devices Market Size

Patient Monitoring Devices Market size was valued at USD 54.06 billion in 2023 and is set to cross USD 143.52 billion by the end of 2036, expanding at more than 7.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of patient monitoring devices is estimated at USD 57.43 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.