Who are the key players in North America Patient Care Monitoring Market?

Abbott Laboratories, Boston Scientific Corporation, Beckton, Dickinson and Company, GE Healthcare and Johnson & Johnson are the major companies operating in the North America Patient Care Monitoring Market. Read More

What years does this North America Patient Care Monitoring Market cover, and what was the market size in 2023?

In 2023, the North America Patient Care Monitoring Market size was estimated at USD 17.82 billion. The report covers the North America Patient Care Monitoring Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Patient Care Monitoring Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

North America Patient Care Monitoring Market Size

Market Size of North America Patient Care Monitoring Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
Forecast Data Period	2024 - 2029
Market Size (2024)	USD 19.16 Billion
Market Size (2029)	USD 27.54 Billion
CAGR (2024 - 2029)	7.52 %
Major Players *Disclaimer: Major Players sorted in no particular order

North America Patient Care Monitoring Market Analysis

The North America Patient Care Monitoring Market size is estimated at USD 19.16 billion in 2024, and is expected to reach USD 27.54 billion by 2029, growing at a CAGR of 7.52% during the forecast period (2024-2029).

The major contributing factors are the growing burden of chronic diseases and growing preference for home care setting.

According to the Centres for Disease Control and Prevention, heart disease is one of the leading causes of death in the United States. According to the American Heart Association, the annual incidence for heart attack in the United States was reported to be around 720,000 and 335,000 recurrent attacks. The adaptation of sedentary lifestyle such as poor diet, high sugar diet which poses a high threat of heart disease. Therefore, the aforementioned factors are expected to fuel the market growth.

North America Patient Care Monitoring Industry Segmentation

As per the scope of the report, patient monitoring devices are the devices that are used to continuously monitor the patient's vital parameters, using a medical monitor, and collect medical and other forms of health data from individuals. The market is segmented By Type of Device, By Target Area, By End User and Geography.

By Type of Devices
		Hemodynamic Monitoring Devices
		Neuro-Monitoring Devices
		Cardiac-Monitoring Devices
		Multi-parameters Monitors
		Respiratory Monitoring Devices
		Remote Patient Monitoring Devices
		Other Devices

By Application
		Cardiology
		Neurology
		Respiratory
		Fetal & Neonatal
		Remote Monitoring
		Weight Management & Fitness Monitoring

By End User
		Home Healthcare
		Hospitals & Clinics
		Other End Users

By Geography

North America
	United States
	Canada
	Mexico

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North America Patient Care Monitoring Market Size Summary

The North America Patient Care Monitoring Market is poised for significant growth, driven by the increasing prevalence of chronic diseases and a rising preference for home care settings. The market is experiencing a surge in demand due to lifestyle changes that have led to conditions such as obesity, diabetes, and cardiovascular diseases. These health issues are exacerbated by sedentary lifestyles, poor dietary choices, and high sugar consumption, which are prevalent in the region. As a result, there is a growing need for effective patient care monitoring solutions to manage and prevent these chronic conditions, thereby propelling market expansion.

Key players in the North America Patient Care Monitoring Market include prominent companies such as Abbott Laboratories, Baxter International Inc., Boston Scientific Corporation, Becton, Dickinson and Company, GE Healthcare, Johnson & Johnson, Masimo Corporation, Medtronic, and Omron Corporation. These companies are at the forefront of developing innovative monitoring technologies that cater to the evolving healthcare needs of the population. The market's growth trajectory is supported by advancements in medical technology and an increasing focus on preventive healthcare, which are expected to continue shaping the industry landscape over the forecast period.

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North America Patient Care Monitoring Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Rising Burden of Chronic Diseases due to Lifestyle Changes
  2. 1.2.2 Growing Preference for Home and Remote Monitoring
3. 1.3 Market Restraints
  1. 1.3.1 Resistance from Healthcare Industry Professionals Toward the Adoption of Patient Monitoring Systems
  2. 1.3.2 High Cost of Technology
4. 1.4 Porter's Five Force Analysis
  1. 1.4.1 Threat of New Entrants
  2. 1.4.2 Bargaining Power of Buyers/Consumers
  3. 1.4.3 Bargaining Power of Suppliers
  4. 1.4.4 Threat of Substitute Products
  5. 1.4.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 By Type of Devices
  1. 2.1.1 Hemodynamic Monitoring Devices
  2. 2.1.2 Neuro-Monitoring Devices
  3. 2.1.3 Cardiac-Monitoring Devices
  4. 2.1.4 Multi-parameters Monitors
  5. 2.1.5 Respiratory Monitoring Devices
  6. 2.1.6 Remote Patient Monitoring Devices
  7. 2.1.7 Other Devices
2. 2.2 By Application
  1. 2.2.1 Cardiology
  2. 2.2.2 Neurology
  3. 2.2.3 Respiratory
  4. 2.2.4 Fetal & Neonatal
  5. 2.2.5 Remote Monitoring
  6. 2.2.6 Weight Management & Fitness Monitoring
3. 2.3 By End User
  1. 2.3.1 Home Healthcare
  2. 2.3.2 Hospitals & Clinics
  3. 2.3.3 Other End Users
4. 2.4 By Geography
  1. 2.4.1 North America
    1. 2.4.1.1 United States
    2. 2.4.1.2 Canada
    3. 2.4.1.3 Mexico

North America Patient Care Monitoring Market Size FAQs

How big is the North America Patient Care Monitoring Market?

The North America Patient Care Monitoring Market size is expected to reach USD 19.16 billion in 2024 and grow at a CAGR of 7.52% to reach USD 27.54 billion by 2029.