Patient Monitoring Devices | Market Insights | US | 2023
The global COVID-19 pandemic positively affected the US market for patient monitoring devices, bolstering unit sales and revenue in 2020. Over the forecast period, increasing sales among ASCs, particularly through rising adoption of novel wireless monitoring technologies—supported by recent changes to CMS reimbursement guidelines—will contribute to market growth. The market will also be driven by favorable demographic trends and growing demand for patient monitoring devices in nonhospital settings, although market saturation and limited innovation in mature patient monitoring device segments will limit the pace of market expansion.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for patient monitoring devices in the US from 2019 through 2031.