Patient Monitoring Accessories Market Size, Competitive Landscape and Market Forecast - 2029

Global Patient Monitoring Accessories Market is segmented by Product Type (Blood Glucose Testing Supplies, Electrodes-Sensors & Catheters and Others), By End User (Hospital, Physician Clinics, Outpatient facilities, Home healthcare), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Patient Monitoring Accessories Market is expected to grow at a CAGR of 6.30% during the forecasting period (2022-2029).

• In 2015, the patient monitoring accessories market in the US was valued at around USD 820 million and is expected to grow to over USD 1.1 billion by the year 2022.

• Patient monitoring accessories are used along with patient monitoring devices to measure various vital signs of the patients.

Market Growth and Trends

• The Global Patient Monitoring Accessories market is growing at a significant rate.

• The Patient Monitoring Accessories market is expected to grow due to the continuous increase in the number of patients suffering from chronic diseases such as cardiovascular disease and diabetes.

• Reduction in-clinic visit time and associated hospital healthcare costs is another significant factor contributing to market growth.

• However, concern regarding security and privacy issues related to health data is a major barrier to market growth.

Market Segmentation

• Global Patient Monitoring Accessories market report segments the market by type, end-user, and region.

• Based on product type, the market is divided into Blood Glucose Testing Supplies, Electrodes-Sensors & Catheters, and Others.

• Based on end-user, the market is segmented into hospitals, Physician Clinics, Outpatient facilities, and home healthcare.

• Regionally, the market is segmented into five major regions, namely North America, South America, Europe, Asia PacificandRoW.

• North America dominates the global market due to an evolved healthcare system.

Scope of the Report:

• The report also profiles the following companies of Patient Monitoring Accessories market – 3M Health Care Ltd., Medtronic plc, Philips Healthcare, GE Healthcare Limited, Ambu A/S, ConMed Corporation, Nihon Kohden Corporation, Omron Healthcare Co., Ltd., and Welch Allyn Inc.

By Type

• Blood Glucose Testing Supplies
• Electrodes-Sensors & Catheters
• Others

By End-User

• Hospital
• Physician Clinic
• Outpatient facilities
• Home healthcare

By Region

• Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
• Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
• North America (The USA, Canada, Mexico)
• South America (Brazil, Argentina, Rest of South America)
• Rest of the World

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