Patient Monitoring Accessories

Global Patient Monitoring Accessories Market to Reach US$13.0 Billion by 2030

The global market for Patient Monitoring Accessories estimated at US$8.3 Billion in the year 2024, is expected to reach US$13.0 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2024-2030. SpO2 Sensors, one of the segments analyzed in the report, is expected to record a 9.8% CAGR and reach US$3.8 Billion by the end of the analysis period. Growth in the Blood Pressure Cuffs segment is estimated at 5.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.3 Billion While China is Forecast to Grow at 12.5% CAGR

The Patient Monitoring Accessories market in the U.S. is estimated at US$2.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.8% and 7.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Global Patient Monitoring Accessories Market - Key Trends & Drivers Summarized

Is Remote Healthcare the Future? The Growing Demand for Patient Monitoring Accessories

With the increasing prevalence of chronic diseases, aging populations, and the rising adoption of remote healthcare, the demand for patient monitoring accessories is witnessing a significant surge. Patient monitoring devices, ranging from blood pressure monitors to pulse oximeters, require a wide range of accessories such as sensors, probes, cuffs, electrodes, and cables to function effectively. The rise of telehealth and home-based monitoring solutions has further fueled the demand for high-quality, durable, and wireless monitoring accessories that ensure continuous and accurate data collection. Hospitals and healthcare facilities are increasingly focusing on real-time patient monitoring to prevent complications, reduce hospital readmissions, and enhance patient outcomes. The transition from traditional in-hospital monitoring to remote patient monitoring (RPM) has intensified the need for reliable accessories that support seamless data transmission and integration with electronic health records (EHRs). Additionally, the expansion of wearable medical technology has led to a surge in demand for compact, sensor-based accessories that can be used for long-term patient tracking. As healthcare providers continue to emphasize early detection and proactive management of medical conditions, patient monitoring accessories are becoming an indispensable part of modern healthcare.

How Is Innovation Reshaping Patient Monitoring Accessories? AI, Wearables & Wireless Connectivity

Technological advancements are transforming patient monitoring accessories, making them more efficient, durable, and adaptable to emerging healthcare needs. The integration of artificial intelligence (AI) with monitoring systems is enabling predictive analytics, allowing healthcare providers to identify potential health risks before they escalate into serious conditions. Wearable sensors and biosensors are revolutionizing patient monitoring by providing real-time physiological data, reducing the need for frequent hospital visits. Wireless connectivity, including Bluetooth and cloud-based integration, has eliminated the need for cumbersome wired accessories, making remote patient monitoring more efficient and patient-friendly. The miniaturization of accessories such as ECG electrodes, temperature probes, and oxygen sensors has improved patient comfort while ensuring continuous health tracking. Smart textiles embedded with biometric sensors are also gaining traction, allowing non-invasive monitoring of vital signs. The development of rechargeable and energy-efficient monitoring accessories is extending their lifespan, reducing healthcare costs, and improving sustainability. With advancements in nanotechnology, next-generation monitoring accessories are being designed to detect molecular changes, providing early warning signals for conditions such as heart disease and diabetes. As technology continues to evolve, the patient monitoring accessories market is moving toward a more intelligent and automated future.

Who Are the Major End-Users of Patient Monitoring Accessories? Expanding Adoption Across Healthcare Settings

The adoption of patient monitoring accessories is expanding across various healthcare environments, including hospitals, ambulatory care centers, home healthcare, and specialized medical facilities. Hospitals remain the largest consumers of monitoring accessories, as continuous patient monitoring is critical for intensive care units (ICUs), emergency departments, and post-operative recovery wards. Home healthcare providers are increasingly relying on remote monitoring devices and their accessories to manage patients with chronic conditions, reducing hospital visits and improving patient comfort. The growing emphasis on preventive healthcare and self-monitoring has led to a surge in consumer adoption of wearable monitoring accessories, including smartwatches, fitness bands, and glucose monitoring sensors. Ambulatory surgical centers and outpatient care facilities are also driving demand, as they require portable monitoring solutions for post-procedure recovery. The integration of patient monitoring accessories with digital health platforms and mobile applications is enhancing patient engagement and remote disease management. The rising adoption of connected health solutions by insurance providers and corporate wellness programs is further boosting the use of monitoring accessories. As the global healthcare industry shifts towards patient-centric and technology-driven care, the demand for advanced monitoring accessories is expected to grow across diverse healthcare settings.

The Growth in the Patient Monitoring Accessories Market Is Driven by Several Factors…

The increasing burden of chronic diseases, including cardiovascular disorders, respiratory diseases, and diabetes, is a major driver for the patient monitoring accessories market. The growing adoption of remote patient monitoring (RPM) and telehealth services is fueling the demand for wireless and wearable monitoring accessories. Technological advancements, including AI-driven analytics, smart sensors, and IoT-enabled monitoring systems, are enhancing the accuracy and efficiency of patient monitoring accessories. The aging global population, which requires continuous health monitoring, is contributing to the rising demand for monitoring accessories in home healthcare and assisted living facilities. The expansion of wearable health technology and consumer-focused wellness devices is accelerating the adoption of compact and user-friendly monitoring accessories. Regulatory approvals and government initiatives promoting digital healthcare and telemedicine are driving investments in next-generation monitoring solutions. The increasing focus on preventive healthcare and early disease detection is pushing hospitals and healthcare providers to invest in advanced monitoring accessories. The demand for personalized medicine and data-driven healthcare solutions is further expanding the role of monitoring accessories in individualized patient care. Strategic collaborations between medical device manufacturers and tech companies are fostering the development of interoperable and cloud-connected monitoring solutions. As healthcare systems continue to modernize, patient monitoring accessories are set to play a crucial role in ensuring real-time health tracking, improved clinical decision-making, and enhanced patient outcomes.

SCOPE OF STUDY:

The report analyzes the Patient Monitoring Accessories market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (SpO2 Sensors, Blood Pressure Cuffs, Brain Monitoring System Sensors, Neuromuscular Transmission Sensors, Temperature Sensors, CO2 Absorbers / Amsorb Filters, ECG Leadwires)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 48 Featured) -

• Abbott Laboratories
• Biotronik
• Boston Scientific
• Contec Medical Systems
• Drägerwerk AG & Co. KGaA
• Edwards Lifesciences
• GE HealthCare
• Hillrom
• Honeywell Life Sciences
• Masimo Corporation
• Medtronic
• Mindray Medical International
• Nihon Kohden Corporation
• Nonin Medical
• Omron Healthcare
• Philips Healthcare
• Schiller AG
• Siemens Healthineers
• Spacelabs Healthcare
• Welch Allyn (Hillrom)

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.