Europe Patient Monitoring Market Valued at USD 5.26 Billion in 2023, Expected to Grow at a 7.6% CAGR to Reach Nearly USD 8.78 Billion by 2030

Spread the love

Europe Patient Monitoring System Market Overviews

The Europe Patient Monitoring Market size was valued at USD 5.26 Bn. in 2023 and the total Europe Patient Monitoring Market revenue is expected to grow at a CAGR of 7.6% from 2024 to 2030, reaching nearly USD 8.78 Bn. by 2030.

A patient Monitoring System is defined as repeated or continuous observations or measurements of the patient, his or her physiological function, and the function of life support equipment, to guide management decisions, including when to make therapeutic interventions and assessment of those interventions.

Patient Monitoring solutions allow health providers to monitor the onset of disease and symptom progression remotely, engage with patients virtually to modify care plans, and provide education on self-care based on changes in the patient’s condition. Patient Monitoring solutions offer innovative technologies that support healthcare management such as Standalone medical measuring devices, Implantable devices, and Digital Platforms. Smartphones or wearables are increasingly contributing to more timely and accurate treatment of a variety of conditions.

To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/req_sample/Europe-Patient-Monitoring-Market/1678

Europe Patient Monitoring System Market Scope and Methodology:

Surged in patients with unstable physiological regulatory systems has propelled the market growth of monitoring systems. The increased need for monitoring systems for patients who are at high risk of developing a life-threatening condition has accelerated the market growth. The growing number of patients who are in a critical physiological state has influenced the patient monitoring system in Europe. Patient Monitoring System enables mother and baby during the labor and delivery process resulting in a boost in the market.

Europe Patient Monitoring System Market Regional Insights

Germany dominates the Europe Patient Monitoring System Market with the highest market share accounting for 32.3% in 2023, the region is expected to grow with a CAGR of 7.21% during the forecast period and maintain its dominance by 2030. Factors that are propelling the market growth are the rising burden of chronic diseases owing to lifestyle changes and the growing preference for home and patient monitoring. Patient Monitoring System is potentially used to support diagnosis and screening. In Germany, physicians and psychotherapists have taken advantage of existing RPM solutions by offering unrestricted teleconsultation hours, enabling healthcare professionals to deal with a greater number of patients.

Europe Patient Monitoring SystemMarket Segmentation

Based on device Type, the Heart Monitors segment holds the highest share and is expected to grow at a CAGR of 7.06% during the forecast years. Heart monitors allow patients to continuously monitor irregular heartbeats that happen infrequently. The rise in the prevalence of heart failure has boosted the Europe heart monitors market. Wearable heart monitoring technologies possess significant utility for persons seeking to monitor their cardiovascular well–being to enhance physical fitness.

Europe Patient Monitoring System Market Key Players

Drägerwerk AG & Co. KGaA (Germany)
Compumedics Limited (Australia)
Koninklijke Philips N.V. (Netherlands)
Getinge AB (Sweden)
BIOTRONIK (Germany)
SCHILLER (Switzerland)
GE Healthcare (United Kingdom)
Medtronic plc (Ireland)
Roche Diagnostics (Switzerland)
Biotronik SE & Co. KG (Germany)
Smiths Medical (United Kingdom)

To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/Europe-Patient-Monitoring-Market/1678

Key questions answered in the Europe Patient Monitoring System Market are:

What is Europe Patient Monitoring System ?
What was the Europe Patient Monitoring System market size in 2023?
What is the growth rate of the Europe Patient Monitoring System Market?
Which are the factors expected to drive the Europe Patient Monitoring System market growth?
What are the different segments of the Europe Patient Monitoring System Market?
What growth strategies are the players considering to increase their presence in Europe Patient Monitoring System ?
What are the upcoming industry applications and trends for the Europe Patient Monitoring System Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Patient Monitoring System Market?
Who are the leading companies and what are their portfolios in Europe Patient Monitoring System Market?
What segments are covered in the Europe Patient Monitoring System Market?
Who are the key players in the Europe Patient Monitoring System market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4 Kothrud

Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

[email protected]

+91 9607365656

Our Trending Report:

Disposable Plastic Blood Bag Market https://www.stellarmr.com/report/Disposable-Plastic-Blood-Bag-Market/397

Dry Ice Market https://www.stellarmr.com/report/Dry-Ice-Market/718

Warehouse Automation Market https://www.stellarmr.com/report/Warehouse-Automation-Market/157

Machine Control System Market https://www.stellarmr.com/report/Machine-Control-System-Market/307

Automated Optical Inspection System Market https://www.stellarmr.com/report/Automated-Optical-Inspection-System-Market/369