| Product Code: ETC6361331 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Belgium continued to see a steady flow of physiological monitors imports, with top exporting countries including Netherlands, USA, Germany, Israel, and Costa Rica. The market concentration, as measured by the HHI, remained at a moderate level, indicating a diverse range of import sources. The industry also experienced a healthy compound annual growth rate (CAGR) of 8.04% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -3.79%, which may warrant further analysis to understand the market dynamics influencing this trend.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Physiological Monitors Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Physiological Monitors Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Physiological Monitors Market - Industry Life Cycle |
3.4 Belgium Physiological Monitors Market - Porter's Five Forces |
3.5 Belgium Physiological Monitors Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Belgium Physiological Monitors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Belgium Physiological Monitors Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Belgium Physiological Monitors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases in Belgium, leading to a higher demand for physiological monitors. |
4.2.2 Technological advancements in physiological monitoring devices, enhancing their accuracy and efficiency. |
4.2.3 Rising awareness about preventive healthcare measures and the importance of continuous health monitoring. |
4.3 Market Restraints |
4.3.1 High cost associated with advanced physiological monitoring equipment, limiting adoption rates. |
4.3.2 Stringent regulatory requirements and standards for medical devices in Belgium, posing challenges for market entry. |
4.3.3 Limited healthcare budget allocation by the government, affecting the affordability of physiological monitors for healthcare facilities. |
5 Belgium Physiological Monitors Market Trends |
6 Belgium Physiological Monitors Market, By Types |
6.1 Belgium Physiological Monitors Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belgium Physiological Monitors Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Belgium Physiological Monitors Market Revenues & Volume, By Hemodynamic Monitoring Devices, 2021- 2031F |
6.1.4 Belgium Physiological Monitors Market Revenues & Volume, By Neuromonitoring Devices, 2021- 2031F |
6.1.5 Belgium Physiological Monitors Market Revenues & Volume, By Cardiac Monitoring Devices, 2021- 2031F |
6.1.6 Belgium Physiological Monitors Market Revenues & Volume, By Fetal and Neonatal Monitoring Devices, 2021- 2031F |
6.1.7 Belgium Physiological Monitors Market Revenues & Volume, By Respiratory Monitoring Devices, 2021- 2031F |
6.1.8 Belgium Physiological Monitors Market Revenues & Volume, By Multiparameter Monitoring Devices, 2021- 2031F |
6.2 Belgium Physiological Monitors Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belgium Physiological Monitors Market Revenues & Volume, By Cardiology, 2021- 2031F |
6.2.3 Belgium Physiological Monitors Market Revenues & Volume, By Neurology, 2021- 2031F |
6.2.4 Belgium Physiological Monitors Market Revenues & Volume, By Respiratory, 2021- 2031F |
6.2.5 Belgium Physiological Monitors Market Revenues & Volume, By Fetal and Neonatal, 2021- 2031F |
6.2.6 Belgium Physiological Monitors Market Revenues & Volume, By Weight Management and Fitness Monitoring, 2021- 2031F |
6.2.7 Belgium Physiological Monitors Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Belgium Physiological Monitors Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Belgium Physiological Monitors Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 Belgium Physiological Monitors Market Revenues & Volume, By Home Settings, 2021- 2031F |
6.3.4 Belgium Physiological Monitors Market Revenues & Volume, By Ambulatory Surgical Centers (ASC), 2021- 2031F |
6.3.5 Belgium Physiological Monitors Market Revenues & Volume, By Others, 2021- 2031F |
7 Belgium Physiological Monitors Market Import-Export Trade Statistics |
7.1 Belgium Physiological Monitors Market Export to Major Countries |
7.2 Belgium Physiological Monitors Market Imports from Major Countries |
8 Belgium Physiological Monitors Market Key Performance Indicators |
8.1 Adoption rate of wearable physiological monitors among the Belgian population. |
8.2 Number of partnerships between healthcare providers and technology companies for promoting physiological monitoring solutions. |
8.3 Percentage increase in the usage of telehealth services integrating physiological monitoring data. |
9 Belgium Physiological Monitors Market - Opportunity Assessment |
9.1 Belgium Physiological Monitors Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Belgium Physiological Monitors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Belgium Physiological Monitors Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Belgium Physiological Monitors Market - Competitive Landscape |
10.1 Belgium Physiological Monitors Market Revenue Share, By Companies, 2024 |
10.2 Belgium Physiological Monitors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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