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Pulished Date April, 2021
ID: 111
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North America Patient Monitoring Market Research Report - By Application & Country (The United States, Canada, Mexico & Rest of North America) - Industry Analysis on Size, Share, Growth, Trends & Forecast (2021 to 2026)

Pulished: April, 2021
ID: 111
Pages: 138

North America Patient Monitoring Market Size (2021 to 2026)

The size of the Patient Monitoring market in North America was estimated at USD 7.77 Billion in 2021. It is expected to reach USD 10.85 Billion by 2026, growing at a CAGR of 6.9% from 2021 to 2026.

The growing prevalence of cardiovascular diseases, increasing geriatric population, and the existence of advanced healthcare expenditure groundwork, easy accessibility, and ease of usage of the small and lightweight devices are some of the key factors propelling the market growth. Technology advancements like the portability of the devices and IoT, artificial intelligence (AI), wireless technology, and bio-stickers fuel the North American patient monitoring market growth. Growing funds and investments from private and government organizations, increasing rate of surgeries, and diseased population, which requires ongoing monitoring, also significantly accelerate market growth.

High costs associated with the monitoring devices and increasing product recall, and lack of awareness among the population are majorly hindering the market growth. The U.S. patient monitoring market's risk involves cybersecurity issues in wireless patient monitoring devices, impeding the market growth negatively. Lack of reimbursement policies is also one factor limiting the growth of the patient monitoring devices market.

This research report on the North America Patient Monitoring Market has been segmented and sub-segmented into the following categories:

By Application:

  • Neuromonitoring Devices
    • Electroencephalograph (EEG)
    • Transcranial Doppler (TCD)
    • Magnetoencephalography (MEG)
    • Cerebral Oximeters
    • Intracranial Pressure Monitors (ICP)
  • Hemodynamic Monitoring Devices
    • Blood Pressure Monitors
    • Blood Glucose Monitors
    • Blood Gas and Electrolyte Analyzers
    • Cholesterol Analyzers
  • Cardiac Monitoring Devices             
    • Electrocardiogram (ECG) 
    • Event Monitors
    • Implantable Loop Recorder (ILR) 
    • Cardiac Output Monitoring Devices 
  • Fetal and neonatal Monitoring Devices      
    • UltraSound Fetal Dopplers 
    • Internal Fetal Monitors
  • Respiratory Monitoring Devices     
    • Capnography 
    • Spirometers 
    • Anesthesia Monitors 
    • Sleep Apnea Monitoring Devices 
    • Pulse Oximeters
  • Multi-Parameter Monitoring Devices          
    • High-Acuity Monitors 
    • Mid-Acuity Monitors 
    • Low-Acuity Monitors
  • Temperature Monitoring Devices 
  • Weight Monitoring Devices             
  • Remote Patient Monitoring Devices

By Country: 

  • The United States
  • Canada
  • Rest of North America

Regionally, the U.S. patient monitoring market is presently leading the North American region and is projected to value USD 6.2 billion by 2025. Factors such as growing funds and investments from the private and public organizations, rising long-term stipulation enlargements from new and already available vendors, and increasing awareness and interest in mobile monitoring patients from hospitals primarily support the U.S. market.

The Canadian patient monitoring market is expected to witness a steady growth rate during the forecast period. Factors such as growing haul for chronic diseases that involve obesity, dementia, cancer, etc., which require regular hospitalization or timely monitoring of the patients and increasing importance for home care and remote monitoring.

Leading companies in the North America Patient Monitoring Market are Abbott Laboratories, Masimo Corporation, Covidien, Drager Medical GmbH, GE Healthcare, Johnson & Johnson Inc., Mindray Medical, Mortara Instrument Inc., Natus, Nihon Kohden, Nonin Medical, Omron Healthcare, Philips Healthcare, Roche Diagnostics Limited, and Welch Allyn.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Analysis Design                         

                2.3 Research Phases                      

                                2.3.1 Secondary Research            

                                2.3.2 Primary Research 

                                2.3.3 Econometric Modelling     

                                2.3.4 Expert Validation  

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Application                           

                                5.1.1 Neuromonitoring Devices

                                                5.1.1.1 Electroencephalograph (EEG)

                                                5.1.1.2 Transcranial Doppler (TCD)

                                                5.1.1.3 Magnetoencephalograph (MEG)

                                                5.1.1.4 Cerebral Oximeters

                                                5.1.1.5 Intracranial Pressure Monitors (ICP)

                                5.1.2 Hemodynamic Monitoring Devices

                                                5.1.2.1 Blood Pressure Monitors

                                                5.1.2.2 Blood Glucose Monitors

                                                5.1.2.3 Blood Gas and Electrolyte Analyzers

                                                5.1.2.4 Cholesterol Analyzers

                                5.1.3 Cardiac Monitoring Devices             

                                                5.1.3.1 Electrocardiogram (ECG) 

                                                5.1.3.2 Event Monitors

                                                5.1.3.3 Implantable Loop Recorder (ILR) 

                                                5.1.3.4 Cardiac Output Monitoring Devices 

                                5.1.4 Fetal and neonatal Monitoring Devices      

                                                5.1.4.1 Ultra Sound Fetal Dopplers 

                                                5.1.4.2 Internal Fetal Monitors

                                5.1.5 Respiratory Monitoring Devices     

                                                5.1.5.1 Capnographs 

                                                5.1.5.2 Spirometers 

                                                5.1.5.3 Anesthesia Monitors 

                                                5.1.5.4 Sleep Apnea Monitoring Devices 

                                                5.1.5.5 Pulse Oximeters

                                5.1.6 Multi-Parameter Monitoring Devices          

                                                5.1.6.1 High-Acuity Monitors 

                                                5.1.6.2 Mid-Acuity Monitors 

                                                5.1.6.3 Low-Acuity Monitors

                                5.1.7 Temperature Monitoring Devices 

                                5.1.8 Weight Monitoring Devices             

                                5.1.9 Remote Patient Monitoring Devices             

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8.Market Leaders' Analysis                                          

                8.1 Abbott Laboratories               

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues            

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Drager Medical GmbH                           

                8.3 GE Healthcare                           

                8.4 Johnson & Johnson Inc                          

                8.5 Masimo Corporation                              

                8.6 Medtronic                  

                8.7 Omron Healthcare                   

                8.8 Mindray Medical                      

                8.9 Mortara Instrument Inc                        

                8.10 Nonin Medical                        

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10.Expert Opinions                                         

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. North America Patient Monitoring Market, By Region, From 2021 to 2026 (USD Billion)
  2. North America Patient Monitoring Market, By Application, From 2021 to 2026 (USD Billion)
  3. North America Neuromonitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  4. North America Hemodynamic Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  5. North America Cardiac Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  6. North America Fetal and neonatal Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  7. North America Respiratory Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  8. North America Multi-Parameter Patient Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  9. North America Patient Temperature Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  10. North America Patient Weight Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  11. North America Remote Patient Monitoring Devices Market, By Region, From 2021 to 2026 (USD Billion)
  12. North America Neuromonitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  13. North America Electroencephalograph (EEG) Market, By Region, From 2021 to 2026 (USD Billion)
  14. North America Transcranial Doppler (TCD) Market, By Region, From 2021 to 2026 (USD Billion)
  15. North America Magnetoencephalograph (MEG) Market, By Region, From 2021 to 2026 (USD Billion)
  16. North America Cerebral Oximeters Market, By Region, From 2021 to 2026 (USD Billion)
  17. North America Intracranial Pressure Monitors (ICP) Market, By Region, From 2021 to 2026 (USD Billion)
  18. North America Hemodynamic Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  19. North America Blood Pressure Monitors Market, By Region, From 2021 to 2026 (USD Billion)
  20. North America Blood Glucose Monitors Market, By Region, From 2021 to 2026 (USD Billion)
  21. North America Blood Gas and Electrolyte Analyzers Market, By Region, From 2021 to 2026 (USD Billion)
  22. North America Cholesterol Analyzers Market, By Region, From 2021 to 2026 (USD Billion)
  23. North America Cardiac Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  24. North America Electrocardiogram (ECG)  Market, By Region, From 2021 to 2026 (USD Billion)
  25. North America Cardiac Event Monitors Market, By Region, From 2021 to 2026 (USD Billion)
  26. North America Cardiac Implantable Loop Recorder (ILR)  Market, By Region, From 2021 to 2026 (USD Billion)
  27. North America Cardiac Output Monitoring Devices  Market, By Region, From 2021 to 2026 (USD Billion)
  28. North America Fetal and neonatal Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  29. North America Ultra Sound Fetal Dopplers  Market, By Region, From 2021 to 2026 (USD Billion)
  30. North America Internal Fetal Monitors Market, By Region, From 2021 to 2026 (USD Billion)
  31. North America Respiratory Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  32. North America Capnographs  Market, By Region, From 2021 to 2026 (USD Billion)
  33. North America Spirometers  Market, By Region, From 2021 to 2026 (USD Billion)
  34. North America Anesthesia Monitors  Market, By Region, From 2021 to 2026 (USD Billion)
  35. North America Sleep Apnea Monitoring Devices  Market, By Region, From 2021 to 2026 (USD Billion)
  36. North America Pulse Oximeters Market, By Region, From 2021 to 2026 (USD Billion)
  37. North America Multi-Parameter Patient Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  38. North America High-Acuity Patient Monitors  Market, By Region, From 2021 to 2026 (USD Billion)
  39. North America Mid-Acuity Patients Monitors  Market, By Region, From 2021 to 2026 (USD Billion)
  40. North America Low-Acuity Patient Monitors Market, By Region, From 2021 to 2026 (USD Billion)
  41. United States Patient Monitoring Market, By Application, From 2021 to 2026 (USD Billion)
  42. Canada Patient Monitoring Market, By Application, From 2021 to 2026 (USD Billion)
  43. United States Neuromonitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  44. Canada Neuromonitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  45. United States Hemodynamic Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  46. Canada Hemodynamic Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  47. United States Cardiac Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  48. Canada Cardiac Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  49. United States Fetal and neonatal Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  50. Canada Fetal and neonatal Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  51. United States Respiratory Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  52. Canada Respiratory Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  53. United States Multi-Parameter Patient Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)
  54. Canada Multi-Parameter Patient Monitoring Devices Market, By Type, From 2021 to 2026 (USD Billion)

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