Multi-Parameter Patient Monitoring Market is expected to reach US$ 7.2 billion by 2033, registering a 4.0% CAGR between 2023 and 2033 | Future Market Insights, Inc.

Rising awareness of the advantages of monitoring vital anatomical variables via multi-parameter monitoring fosters growth for the same during the forecast period. Table top multi-parameter patient monitors hold a dominant market share of 57.4% in the global marketplace.

NEWARK, Del, March 07, 2023 (GLOBE NEWSWIRE) -- In 2023, the multi-parameter patient monitoring market is expected to be worth US$ 4.8 billion and is estimated to reach US$ 7.2 billion by 2033. The rise in demand for early diagnosis and treatment of chronic diseases around the world, as well as the high demand for real-time patient monitors in critical care units to make better clinical decisions on the spot, and to document changes in a patient's condition at every stage, are expected to drive market growth.

The multi-parameter patient monitors are commonly utilized to improve patient health in both in-patient wards and intensive care units (ICU). Monitoring is a vital component of critically ill patients, particularly in emergency rooms, because the functional response to critical illness is directly linked to the outcome. Monitoring critically ill patients with multi-parameter monitors enable physiological reserve measures and reflects the success of treatment interventions.

Request Sample @

Wearable gadgets and wireless communication technology advancements for medical telemetry have expanded the scope of monitoring solutions for patients both within and outside of hospital facilities. Such technical improvements allow for the rapid recording and transmission of data from a patient's gadget to a healthcare practitioner, reducing the duration of evaluation and treatment.

The emergence of wireless networks in the healthcare sector, such as Radio Frequency Identification (RFID) and Medical Body Area Networks (MBAN), has changed patient health diagnostic processes while generating no discomfort due to their wireless architecture. This helps to monitor heart rate, blood pressure, body temperature, and oxygen levels in the body.

The introduction of single-use portable gadgets has expanded patient flexibility while also lowering the cost of frequent hospital visits. Moreover, the growing demand for home-based medical treatments for the elderly population is driving the demand for these portable patient monitoring devices that are simple to use.

Key Takeaways:

· The multi-parameter patient monitoring market is estimated to register a CAGR of 4.0% from 2023 to 2033.

· The multi-parameter patient monitoring market is dominated by North America in 2023.

· China is the leading revenue contributor in the multi-parameter patient monitoring market in the Asia Pacific region.

· Portable multi-parameter monitor is likely to thrive in the modality category due to its increasing popularity among geriatric population.

Significant Market Players Include:

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Drägerwerk AG & Co. KGaA
  • Medtronic plc
  • OSI Systems Inc.
  • Nihon Kohden Corporation
  • Contec Medical Systems Co. Ltd.
  • General Meditech Inc.
  • Mindray Medical International Limited
  • Schiller AG

Key Developments

  • In December 2019, Nihon Kohden Corporation introduced its Life Scope SVM-7200 series vital sign monitors for outpatient facilities in the United States.
  • Schiller AG and VISUS, a prominent provider of image management systems, formed technical cooperation in January 2015. This collaboration improved the integration and presentation of E.C.G. data in the image data management system (JiveX Medical Archive).
  • Nihon Kohden Corporation announced the formation of a sales subsidiary, Nihon Kohden Latin America S.A.S., in March 2014 in order to grow sales in Mexico, Central America, South America, and the Caribbean. The new sales subsidiary complements and improves the sales network throughout Central and South America.

Buy Now@

Key Segments of Multi-parameter Patient Monitoring Market

By Acuity Level:

  • High Acuity Level
  • Mid Acuity Level
  • Low Acuity Level

By Modality:

  • Handheld/Portable Multi-parameter Monitors
  • Tabletop Multi-parameter Monitors

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics
  • Home Care Settings

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa (MEA)

Ask an Analyst @

Table of Content

1. Executive Summary | Multi-Parameter Patient Monitoring Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles Producers Mid-Level Participants (Traders/ Agents/ Brokers) Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyers

View Complete Report @

Have a Look at Related Reports of Healthcare domain

Angiogenesis Assays Market Size: Global Angiogenesis Assay Market demand is anticipated to be valued at US$ 1.97 Billion in 2022, forecast to grow at a CAGR of 9% to be valued at US$ 4.65 Billion from 2022 to 2032.

Contrast-Enhanced Ultrasound Market Share: Global Contrast-Enhanced Ultrasound Market demand is anticipated to be valued at US$ 2.7 Billion in 2022, forecast to grow at a CAGR of 5.9% to be valued at US$ 4.8 Billion from 2022 to 2032.

Canine Dilated Cardiomyopathy Drugs Market Demand: Global Canine Dilated Cardiomyopathy Market demand is anticipated to be valued at US$ 3.4 Billion in 2022, forecast to grow at a CAGR of 4.93% to be valued at US$ 5.5 Billion from 2022 to 2032.

Interferons Market Trends: The global interferons market is set to reach a valuation of US$ 9.4 Billion in 2022, and further expand at a CAGR of 3.9% in the forecast period from 2022 to 2032. The global market is anticipated to reach US$ 13.8 Billion by the end of 2032.

3D Surgical Microscope Systems Market Overview: The global 3D surgical microscope systems garnered a market value of US$ 1109.9 Million in 2022 and is expected to accumulate a market value of US$ 2905.1 Million by registering a CAGR of 10.1% in the forecast period.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, US, and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
LinkedInTwitterBlogs | YouTube
For Sales Enquiries:
Source: Rising Demand for Better Healthcare Promotes Multi-Parameter Patient Monitoring Market to US$ 6.1 Bn in 2028 | Report by Future Market Insights, Inc.