According to a new report, published by KBV research, The Global Digital Patient Monitoring Devices Market size is expected to reach $815.1 billion by 2031, rising at a market growth of 24.9% CAGR during the forecast period.
The Diagnostic Monitoring Devices segment is leading the Global Digital Patient Monitoring Devices Market by Product in 2023; thereby, achieving a market value of $487.9 billion by 2031. With an increase in the prevalence of chronic diseases like diabetes, cardiovascular diseases, and respiratory disorders, there is a heightened demand for continuous and reliable monitoring. These devices, including vital sign monitors, sleep monitors, and neuromonitors, enable healthcare providers to detect abnormalities and assess patient health effectively, often without requiring in-person visits.
The Wireless Sensor Technology segment exhibits a CAGR of 25.4% during (2024 - 2031). Sensors embedded in devices like patches, smart clothing, and implants offer real-time data on physiological metrics, supporting early diagnosis and personalized care. This segment has gained traction in the healthcare industry as it enables seamless, round-the-clock monitoring without requiring patients to stay in clinical settings. With miniaturization and sensor sensitivity advancements, wireless sensor technology has become more accurate and versatile, supporting various applications from chronic disease management to post-surgery recovery monitoring.
Full Report: https://www.kbvresearch.com/digital-patient-monitoring-devices-market/
The North America region dominated the Global Digital Patient Monitoring Devices Market by Region in 2023; thereby, achieving a market value of $307.8 billion by 2031. The Europe region is expected to witness a CAGR of 24.5% during (2024 - 2031). Additionally, The Asia Pacific region would capture a CAGR of 26% during (2024 - 2031).
By Product
By Type
Unique Offerings 
