Patient Monitoring Devices – Market Insights – United States

The US patient monitoring device market will expand through 2027, driven by favorable demographic trends, growing demand for patient monitoring devices in nonhospital settings, particularly in ASCs, and rising adoption of novel wireless monitoring technologies, which will be supported by recent changes to CMS reimbursement guidelines. However, market expansion will be limited to some extent by market saturation and limited innovation in the more mature patient monitoring device segments, resulting in moderate revenue growth overall.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for patient monitoring devices in the US across a 10-year period.

The home care monitoring device market will expand significantly through 2027, thereby presenting growth opportunities  for new players to the market.

What are the technological advances aiding the adoption of home care monitoring devices?

What factors will influence the entry of new players in the home care monitoring device segment? 

How will established competitors react to increased market entry and heightened competitive pressure?

Efforts to reduce readmission and hospital-acquired infection rates in the US will play a major role in patient monitoring device selection.

How are concerns over readmission penalties and hospital-acquired infections impacting patient monitoring device selection in the US?

To what extent will each market segment be affected by these factors?

What measures are device manufacturers taking to ensure their products remain attractive to US hospitals?

Less invasive methods of patient monitoring will increasingly replace invasive techniques in response to the denial of reimbursement for cases of hospital-acquired infections.

To what extent will each market segment be affected by these shifts in monitoring techniques? 

How will the preference for less invasive methods drive product adoption in the patient monitoring market?

How can established device manufacturers without experience in patient monitoring take advantage of high-growth market segments?

Will innovations in the market cause system prices to fluctuate over the forecast period?

The importance of connectivity and integration of patient monitoring systems continues to be emphasized by hospitals.

Does US health care policy favor connectivity and integration in this market?

What specific factors are contributing to the desire for integration?

What changes will be seen in the product composition as a consequence?

What are the benefits for companies to partner with or acquire other competitors in the patient monitoring device market as a result of this trend?

Table of contents

  • Patient Monitoring Devices - Market Insights - United States
    • Abstract
    • Executive Summary
      • Market Highlights
        • Factors Impacting the Patient Monitoring Device Market, by Product Type, US
        • Patient Monitoring Device Market, by Product Type, US (USD), 2017u20132027
        • Patient Monitoring Device Market Landscape, US (USD), 2018 and 2027
      • Competitive Highlights
        • Competitive Factors and Strategies, by Product Type, US
        • Patient Monitoring Device Revenue Market Share Rankings, by Product Type, US, 2018
        • Companies Mentioned
      • Market Developments
        • Recent Events in the Patient Monitoring Device Market, US
        • Emerging Products for the Patient Monitoring Device Market, US
      • Products Covered
        • Patient Monitoring Devices Covered, US
    • Key Report Updates
      • Patient Monitoring Device Market
        • Market Highlights
          • Factors Impacting the Patient Monitoring Device Market, by Product Type, US
          • Patient Monitoring Device Market, by Product Type, US (USD), 2017u20132027
        • Market Definitions
          • Market Forecast Data
            • Patient Monitoring Device Market, by Product Type, US (USD), 2017u20132027
            • Patient Monitoring Device Market Growth, by Product Type, US, 2018u20132027
            • Monitor Installed Base, by Product Type, US, 2017u20132027
            • Monitor Market, by Product Type, US (USD), 2017u20132027
            • Monitor Market Growth, by Product Type, US, 2018u20132027
            • Sensor Market, by Product Type, US (USD), 2017u20132027
            • Sensor Market Growth, by Product Type, US, 2018u20132027
          • General Market Trends
            • Competitive Highlights
              • Market Shares
                • Patient Monitoring Device Revenue Market Shares, US, 2018
                • Patient Monitoring Device Revenue Market Shares, by Product Type, US, 2018
              • Competitive Factors and Strategies
                • Competitive Factors and Strategies, by Product Type, US
              • Market Developments
                • Recent Events in the Patient Monitoring Device Market, US
                • Emerging Products for the Patient Monitoring Device Market, US
            • Vital Signs Monitoring System Market
              • Market Highlights
                • Vital Signs Monitoring System Market, by Product Type, US (USD), 2017u20132027
              • Market Definitions
                • Market Forecast Data
                  • Vital Signs Monitoring System Installed Base, by Product Type, US, 2017u20132027
                  • Vital Signs Monitoring System Market, by Product Type, US (USD), 2017u20132027
                  • Vital Signs Monitoring System Market Growth, by Product Type, US, 2018u20132027
                • General Market Trends
                  • Competitive Highlights
                    • Market Shares
                      • Vital Signs Monitoring System Revenue Market Shares, US, 2018
                      • Vital Signs Monitoring System Revenue Market Shares, US, 2018
                    • Competitive Factors and Strategies
                      • Competitive Factors and Strategies, by Product Type, US
                  • Anesthesia Monitoring System Market
                    • Market Highlights
                      • Anesthesia Monitoring System Market, US (USD), 2017u20132027
                    • Market Definitions
                      • Market Forecast Data
                        • Anesthesia Monitoring System Market, US (USD), 2017u20132027
                      • General Market Trends
                        • Competitive Highlights
                          • Market Shares
                            • Anesthesia Monitoring System Revenue Market Shares, US, 2018
                            • Anesthesia Monitoring System Revenue Market Shares, US, 2018
                          • Competitive Factors and Strategies
                            • Competitive Factors and Strategies, US
                        • Hemodynamic Monitoring Device Market
                          • Market Highlights
                            • Hemodynamic Monitoring Device Market, by Product Type, US (USD), 2017u20132027
                          • Market Definitions
                            • Market Forecast Data
                              • Hemodynamic Monitoring Device Market, by Product Type, US (USD), 2017u20132027
                              • Hemodynamic Monitor Installed Base, by Product Type, US, 2017u20132027
                              • Invasive Monitoring Device Market, US (USD), 2017u20132027
                              • Minimally Invasive Monitoring Device Market, by Component, US (USD), 2017u20132027
                              • Minimally Invasive Monitoring Device Market Growth, by Component, US, 2018u20132027
                              • Noninvasive Monitoring Device Market, by Component, US (USD), 2017u20132027
                              • Noninvasive Monitoring Device Market Growth, by Component, US, 2018u20132027
                            • General Market Trends
                              • Competitive Highlights
                                • Market Shares
                                  • Hemodynamic Monitoring Device Revenue Market Shares, US, 2018
                                  • Hemodynamic Monitoring Device Revenue Market Shares, US, 2018
                                • Competitive Factors and Strategies
                                  • Competitive Factors and Strategies, by Product Type, US
                              • Neurological Monitoring Device Market
                                • Market Highlights
                                  • Neurological Monitoring Device Market, by Product Type, US (USD), 2017u20132027
                                • Market Definitions
                                  • Market Forecast Data
                                    • Neurological Monitor Installed Base, by Product Type, US, 2017u20132027
                                    • Neurological Monitoring Device Market, by Component, US (USD), 2017u20132027
                                    • Neurological Monitoring Device Market Growth, by Component, US, 2018u20132027
                                    • ICP Monitoring Device Market, by Component, US (USD), 2017u20132027
                                    • ICP Monitoring Device Market Growth, by Component, US, 2018u20132027
                                    • Advanced Monitoring Device Market, by Component, US (USD), 2017u20132027
                                    • Advanced Monitoring Device Market Growth, by Component, US, 2018u20132027
                                  • General Market Trends
                                    • Competitive Highlights
                                      • Market Shares
                                        • Neurological Monitoring Device Revenue Market Shares, US, 2018
                                        • Neurological Monitoring Device Revenue Market Shares, US, 2018
                                      • Competitive Factors and Strategies
                                        • Competitive Factors and Strategies, by Product Type, US
                                    • Home Care Monitoring Device Market
                                      • Market Highlights
                                        • Home Care Monitoring Device Market, by Component, US (USD), 2017u20132027
                                      • Market Definitions
                                        • Market Forecast Data
                                          • Home Care Monitoring Device Market, by Component, US (USD), 2017u20132027
                                          • Home Care Monitoring Device Market Growth, by Component, US, 2018u20132027
                                        • General Market Trends
                                          • Competitive Highlights
                                            • Market Shares
                                              • Home Care Monitoring Device Revenue Market Shares, US, 2018
                                              • Home Care Monitoring Device Revenue Market Shares, US, 2018
                                            • Competitive Factors and Strategies
                                              • Competitive Factors and Strategies, US
                                          • Methodology
                                            • Core Country Coverage Methodology
                                              • Supplemental Country Coverage Methodology
                                              • Appendix
                                                • Abbreviations
                                                  • Bibliography