Patient Monitoring Devices Market to Hit $76.11 Billion by 2031 as Chronic Disease Demand Grows
Updated
Updated · PR Newswire · Jun 12
Patient Monitoring Devices Market to Hit $76.11 Billion by 2031 as Chronic Disease Demand Grows
1 articles · Updated · PR Newswire · Jun 12
Summary
$76.11 billion is the projected size of the patient monitoring devices market in 2031, up from $55.60 billion in 2026, implying a 6.4% annual growth rate.
Chronic diseases including diabetes, cardiovascular and respiratory disorders are driving demand for continuous and remote monitoring, alongside aging populations and broader use of preventive, personalized care.
Blood glucose monitoring devices held the largest market share in 2025, supported by diabetes prevalence, home-based monitoring demand, and advances such as wearable CGMs and smartphone-linked data tools.
Hospitals and clinics remained the biggest end-user segment in 2025 as ICUs, emergency units and general wards expanded use of multiparameter, glucose and cardiac monitoring systems.
Asia Pacific is expected to post the fastest regional growth, with India forecast to lead countries at a 9.1% CAGR as healthcare access, spending and digital monitoring adoption rise.