How Big is the Patient Monitoring System Market | Global Industry Analysis & Key Drivers 2025

Code: MTA7778 Publication Date: Aug 2025

What is the size of Patient Monitoring System Market?

According to 6Wresearch internal database and industry insights, Global Patient Monitoring System Market was estimated at USD 17 billion in 2024 and is predicted to reach USD 25 billion by 2031, expanding at a CAGR of 5.60% during the forecast period 2025-2031.

There are some factors which are contributing in the growth of Patient Monitoring System Market include the increasing prevalence of chronic diseases, rising demand for continuous and remote patient monitoring, and technological advancements in connected health systems.

Key Growth Drivers of the Patient Monitoring System Market

  • Rising geriatric population with growing incidence of cardiovascular and respiratory disorders
  • Growing adoption of wireless and wearable monitoring devices for real-time health tracking
  • Government support for telehealth and home healthcare services
  • Innovations in sensor technology and seamless integration with healthcare IT systems
  • Expansion of healthcare infrastructure in emerging economies promoting system deployment

Patient Monitoring System Market Trends

Patient Monitoring System Market is evolving throughout the years with integration of AI and machine learning to enable predictive and personalized patient care. Other notable trends, such as miniaturized, non-invasive devices are preferred for enhanced patient comfort. Further, the remote monitoring platforms facilitating telehealth consultations are becoming mainstream. Also, the improved interoperability with electronic health records is streamlining clinical workflows.

Emerging Developments in the Patient Monitoring System Market

Patient Monitoring System Market is being advanced with multi-parameter wearable devices combining ECG, SpO2, and blood pressure monitoring. Other major developments, cloud-based platforms are enhancing the seamless data exchange between patients and providers. Further, the sensor fusion technologies are advancing comprehensive health monitoring capabilities. Excluding these, some improvements are noticed in battery life and energy efficiency support extended device usage.

List of Leading Companies in the Patient Monitoring System Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.Medtronic plc

Company NameMedtronic plc
Establishment Year1949
HeadquarterDublin, Ireland
Official WebsiteClick here

This is a global leader who offers a wide range of patient monitoring products focused on chronic disease and critical care management.

2.Philips Healthcare

Company NamePhilips Healthcare
Establishment Year1891
HeadquarterAmsterdam, Netherlands
Official WebsiteClick here

This company is recognized for innovation in connected care and provides patient monitoring solutions including ICU monitors, wearable sensors, and telehealth platforms. 

3.GE Healthcare

Company NameGE Healthcare
Establishment Year1994
HeadquarterChicago, Illinois, United States
Official WebsiteClick here

This company who offers comprehensive monitoring systems with real-time analytics and cloud connectivity, catering mainly to acute care settings.

4.Abbott Laboratories

Company NameAbbott Laboratories
Establishment Year1888
HeadquarterAbbott Park, Illinois, United States
Official WebsiteClick here

This company who majorly focused on advanced biosensor technology and delivers innovative monitoring devices including continuous glucose and cardiac monitors. 

5.Siemens Healthineers

Company NameSiemens Healthineers
Establishment Year1847
HeadquarterErlangen, Germany
Official WebsiteClick here

This company develops advanced monitoring devices with AI-driven analytics primarily for emergency and critical care. 

6.Masimo Corporation

Company NameMasimo Corporation
Establishment Year1989
HeadquarterIrvine, California, United States
Official WebsiteClick here

This company specializes in non-invasive monitoring technologies like pulse oximetry and brain function monitors.

7.Nihon Kohden Corporation

Company NameNihon Kohden Corporation
Establishment Year1951
HeadquarterTokyo, Japan
Official WebsiteClick here

This company is renowned for durable and reliable products and provides a broad portfolio of patient monitoring systems including telemetry and vital signs monitors. 

8.Hill-Rom Holdings, Inc.

Company NameHill-Rom Holdings, Inc.
Establishment Year1915
HeadquarterBatesville, Indiana, United States
Official WebsiteClick here

This company offers integrated patient monitoring and care solutions with a focus on smart beds and clinical workflow efficiency. 

How Big is the Patient Monitoring System Market : FAQ's

The Patient Monitoring System market was estimated at USD 17 billion in 2024 and is projected to reach USD 25 billion by 2031.
Growth is driven by aging population, chronic disease incidence, and advances in connected health technologies.
Hospitals, home healthcare, and telemedicine providers are primary adopters.
Key companies include Medtronic, Philips Healthcare, GE Healthcare, Abbott, Siemens Healthineers, Masimo, Nihon Kohden, and Hill-Rom.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All