Patient Monitoring Devices Market: By Product Type (Blood Pressure Monitors, Blood Glucose Monitors, Heart Rate Monitors, Pulse Oximeters, Weight Monitors, Sleep Apnoea Monitors, Breath Monitors), By Technology (Portable Devices, Standalone Devices, Wireless Technology Devices), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings) and Geography.  

Patient monitoring devices market size was valued at USD 23.4 billion in 2022 and is predicted to witness over 7.0% CAGR from 2023 to 2029. Patient monitoring devices are devices with digital technology used to measure a person's health condition. The accuracy of the results with patient monitoring devices may help in the early diagnosis of the disease, leading to more efficient and specific treatment. The major advantages of patient monitoring devices include the accuracy of the results with less time and reduced cost for disease diagnosis. These devices are commonly used to measure oxygen saturation level, pulse rate, body temperature, blood pressure, and heart activity among others. Physicians prefer patient monitoring devices to enhance excellence in patient care. Global Patient Monitoring Devices Market is growing at a significant CAGR owing to an increase in the prevalence of chronic diseases such as diabetes, cardiovascular, and neurological advancements. Market players majorly focus on the innovation of new devices with advanced technology to gain a larger market share. Acquisitions and mergers, collaborations, product approvals, product launchings, and patent approvals are the strategies followed by the competitors to increase their revenue in the patient monitoring devices market.