Patient Monitoring Equipments Market Latest Global Report 2024-2031

Patient Monitoring Equipments Market is estimated to grow at a high CAGR during the forecast period 2024-2031 

Patient monitoring equipment refers to machinery and devices utilized for the continuous surveillance of patients, utilizing vital signs and alert systems to detect and document changes in patient health status. These equipments are designed to measure or monitor various physiological parameters such as heart rate, respiratory rate, blood pressure, pulse, among others. By providing real-time data, patient monitoring equipment enables healthcare professionals to deliver quality care and make informed clinical decisions. 

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Patient Monitoring Equipments Market Trends 

Advancements in technology are driving the global market growth of patient monitoring equipment. For example, Kura Care, a US-based startup, has developed an AI-based platform called kardioPAC, which records and tracks patients' vital signs via a mobile application. This data is used to generate clinical reports, facilitating regular communication between healthcare providers and their patients. 

Similarly, Evitalz, an Indian digital healthcare startup, offers monitoring equipment and software with IoT capabilities. Their smart devices collect patients' vital signs and transmit the data to iOS and Android devices for analysis. 

Moreover, SmartPeep, a Singaporean startup, has introduced an AI-enabled patient monitoring system for hospitals and senior care facilities. This system alerts nurses in real-time when a patient falls, aiding in prompt intervention and improving overall service efficiency. 

Additionally, Medisanté, a Swiss startup, provides medical IoT infrastructure that enables healthcare providers and pharmaceutical companies to securely record patient health data without the need for Bluetooth or Wi-Fi connectivity. These innovative solutions demonstrate the growing impact of technology on enhancing patient monitoring and healthcare delivery. 

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Market Segmentation 

By Type 

By End User 

Market Key Players 

Major players are Abbott Laboratories, Roche Diagnostics, Siemens Healthcare, GE Healthcare, Medtronic PLC, Philips Healthcare, Lifewatch AG, Nihon Kohden Corporation, Omron Corporation, and Honeywell International, Inc.