Average Mkt Cap
#23 of 49
$15 B
Average CAGR
#27 of 49
20 %
Patient monitoring technology can provide continuous, real-time monitoring of patients in the hospital or at home, allowing providers to track changes in vital signs and detect potential problems before they become critical. Advanced patient monitoring systems can also be used to monitor patients remotely, using wearable devices and mobile apps to transmit data to providers. Patient monitoring technology can help reduce hospital readmissions and improve patient outcomes.
0 FDA approvals in Patient Monitoring
Continuous Monitoring
"Patient monitoring technologies enable continuous monitoring of patient parameters, allowing for earlier detection of complications and timely interventions to prevent adverse events." - Journal of Medical Systems, December 2021
Remote Monitoring
"Remote patient monitoring technologies can improve patient outcomes by allowing patients to monitor their status from home and reducing the need for in-person visits and hospitalizations." - Journal of Clinical Nursing, January 2022
Predictive Analytics
"Patient monitoring technologies can be combined with predictive analytics to identify patients at high risk for adverse events and enable targeted interventions to prevent complications." - Journal of Healthcare Information Management, February 2022
Investor sentiment
Global Market InsightsFebruary 2021
"...The global patient monitoring devices market is expected to reach $32.3 billion by 2027, driven by the increasing prevalence of chronic diseases and conditions, the growing demand for remote patient monitoring solutions, and the rising adoption of wearable and connected medical devices."
MarketsandResearchApril 2021
"...The global patient monitoring devices market is projected to grow at a CAGR of over 5% during the period 2021-2028, driven by the increasing demand for portable and wireless monitoring devices, the rising adoption of home solutions, and the growing focus on personalized and preventive healthcare."
Sector leaders
Philips Healthcare
Philips Healthcare has developed a suite of patient monitoring solutions that can help clinicians better manage their patients' conditions.
Masimo
Masimo has developed a suite of patient monitoring solutions that use its proprietary signal processing technology to provide clinicians with more accurate measurements of key physiological parameters.
Medtronic
Medtronic has developed a range of patient monitoring solutions that can be used in hospitals, clinics, and homes to help clinicians better manage their patients' conditions.
