Mexico Patient Care Monitoring Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Mexico Patient Care Monitoring Equipment Market report segments the industry into By Type Of Device (Hemodynamic Monitoring Devices, Neuromonitoring Devices, Cardiac Monitoring Devices, and more), By Application (Cardiology, Neurology, and more), and By End Users (Home Healthcare, and more).

Mexico Patient Monitoring Market Size

Compare market size and growth of Mexico Patient Monitoring Market with other markets in Healthcare Industry

Mexico Patient Monitoring Market Analysis

The Mexico Patient Monitoring Market size is estimated at USD 1.44 billion in 2025, and is expected to reach USD 2.00 billion by 2030, at a CAGR of 6.77% during the forecast period (2025-2030).

  • COVID-19 had a significant impact on the Mexico patient monitoring market since patients with COVID-19 used patient monitoring devices more frequently due to the need for constant monitoring. For instance, as per the article published in April 2022 in PubMed, during the pandemic, the Integral System of Hospital Management (Sistema Integral de Administración Hospitalaria (SIAH)) accurately recorded the visit and patient monitoring, with photographic evidence of each consultation offered through the remote medical advice and guidance program.
  • However, as the pandemic restrictions are eased, the market is expected to witness significant growth in the coming years due to the advancement in patient monitoring, such as smart wearables, artificial intelligence-based systems, and the increase in demand for patient monitoring due to chronic conditions.
  • Factors such as the increasing burden of chronic disorders and growing preference for home and remote monitoring are expected to drive market growth. For instance, as per the IDF Atlas 10th Edition 2021, the estimated number of the population diagnosed with diabetes was 14.1 million in Mexico in 2021. This count is expected to rise to 21.2 million in 2045. Hence, a rise in cases of diabetes is likely to utilize glucose monitoring devices, thereby driving the market growth. 
  • Furthermore, the rise in product launches and technological advancement in patient monitoring is expected to fuel market growth. For instance, in December 2022, Huawei launched the Watch GT 3 SE with sensors for heart rate and SpO2 blood oxygen monitoring in Mexico. Similarly, in June 2021, Hoy Health opened its first international office in Guadalajara, Mexico. Hoy Health is a health tech company that is leading primary care in the digital health industry via remote patient monitoring, telehealth, and medication access.
  • Hence, due to the rise in product launches and increase in chronic disease prevalence in Mexico, the Mexico patient monitoring market is expected to witness significant growth over the forecast period. However, resistance from healthcare industry professionals toward the adoption of patient monitoring systems is likely to hinder the market growth.

Mexico Patient Monitoring Industry Overview

The Mexico patient monitoring market is consolidated in nature. The companies are implementing certain strategic initiatives, such as mergers, new product launches, acquisitions, and partnerships, that help them strengthen their market position. Some of the market players are Koninklijke Philips NV, Nihon Kohden Corporation, GE Healthcare, Abbott Laboratories, Dragerwerk AG & Co. KGaA, and others.

Mexico Patient Monitoring Market Leaders

  1. Nihon Kohden Corporation

  2. Koninklijke Philips N.V.

  3. Dragerwerk AG & Co. KGaA

  4. GE Healthcare

  5. Abbott Laboratories

  6. *Disclaimer: Major Players sorted in no particular order
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Mexico Patient Monitoring Market News

  • September 2022: Peruvian telemedicine startup, Smart Doctor, expanded its services to Mexico, Colombia, and Brazil. The company provides health and wellness programs for businesses, aiming to foster a culture of preventive health among employees. Smart Doctor was called upon by the Ministry of Health to address the significant demand for remote care and monitoring of patients, including those suspected of having the virus, during the pandemic.
  • May 2022: The ECG app on Apple Watch Series 4, 5, 6, and 7 is now accessible in Mexico through iOS 15.5 and watchOS 8.6. This feature enables users to capture an electrocardiogram (EKG) directly from their wrist, record their heart rhythm during instances of rapid or irregular heartbeats, and offer crucial data to medical professionals.

Mexico Patient Care Monitoring Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Burden of Chronic Diseases due to Lifestyle Changes
    • 4.2.2 Growing Preference for Home and Remote Monitoring
  • 4.3 Market Restraints
    • 4.3.1 Resistance from Healthcare Industry Professionals Toward the Adoption of Patient Monitoring Systems
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Type of Device
    • 5.1.1 Hemodynamic Monitoring Devices
    • 5.1.2 Neuromonitoring Devices
    • 5.1.3 Cardiac Monitoring Devices
    • 5.1.4 Multi-parameter Monitors
    • 5.1.5 Respiratory Monitoring Devices
    • 5.1.6 Remote Patient Monitoring Devices
    • 5.1.7 Weight Management and Fitness Monitoring
    • 5.1.8 Other Types of Devices
  • 5.2 By Application
    • 5.2.1 Cardiology
    • 5.2.2 Neurology
    • 5.2.3 Respiratory
    • 5.2.4 Fetal and Neonatal
    • 5.2.5 Other Applications
  • 5.3 By End Users
    • 5.3.1 Home Healthcare
    • 5.3.2 Hospitals and Clinics
    • 5.3.3 Other End Users

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 GE Healthcare
    • 6.1.2 Nihon Kohden Corporation
    • 6.1.3 Koninklijke Philips N.V.
    • 6.1.4 Dragerwerk AG & Co. KGaA
    • 6.1.5 Abbott Laboratories
    • 6.1.6 Medtronic Plc
    • 6.1.7 Edwards Lifesciences Corporation
    • 6.1.8 OMRON Corporation
    • 6.1.9 Natus Medical Incorporated
    • 6.1.10 SCHILLER
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Mexico Patient Monitoring Industry Segmentation

As per the scope of this report, patient monitoring devices are the monitoring devices that continuously monitor the patient's vital parameters, like blood pressure and heart rate, by using a medical monitor and collecting medical (and other) data from individuals.

The Mexico patient monitoring market is segmented by type of device (hemodynamic monitoring devices, neuromonitoring devices, cardiac monitoring devices, multi-parameter monitors, respiratory monitoring devices, remote patient monitoring devices, weight management and fitness monitoring, and other types of devices), application (cardiology, neurology, respiratory, fetal and neonatal and other applications) and end-user (home healthcare, hospitals and clinics, and other end users).

The report offers the value (in USD) for the above-mentioned segments.

By Type of Device Hemodynamic Monitoring Devices
Neuromonitoring Devices
Cardiac Monitoring Devices
Multi-parameter Monitors
Respiratory Monitoring Devices
Remote Patient Monitoring Devices
Weight Management and Fitness Monitoring
Other Types of Devices
By Application Cardiology
Neurology
Respiratory
Fetal and Neonatal
Other Applications
By End Users Home Healthcare
Hospitals and Clinics
Other End Users
By Type of Device
Hemodynamic Monitoring Devices
Neuromonitoring Devices
Cardiac Monitoring Devices
Multi-parameter Monitors
Respiratory Monitoring Devices
Remote Patient Monitoring Devices
Weight Management and Fitness Monitoring
Other Types of Devices
By Application
Cardiology
Neurology
Respiratory
Fetal and Neonatal
Other Applications
By End Users
Home Healthcare
Hospitals and Clinics
Other End Users
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Mexico Patient Care Monitoring Equipment Market Research FAQs

How big is the Mexico Patient Monitoring Market?

The Mexico Patient Monitoring Market size is expected to reach USD 1.44 billion in 2025 and grow at a CAGR of 6.77% to reach USD 2.00 billion by 2030.

What is the current Mexico Patient Monitoring Market size?

In 2025, the Mexico Patient Monitoring Market size is expected to reach USD 1.44 billion.

Who are the key players in Mexico Patient Monitoring Market?

Nihon Kohden Corporation, Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, GE Healthcare and Abbott Laboratories are the major companies operating in the Mexico Patient Monitoring Market.

What years does this Mexico Patient Monitoring Market cover, and what was the market size in 2024?

In 2024, the Mexico Patient Monitoring Market size was estimated at USD 1.34 billion. The report covers the Mexico Patient Monitoring Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Mexico Patient Monitoring Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: October 1, 2024

Mexico Patient Monitoring Industry Report

Statistics for the 2025 Mexico Patient Monitoring market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Patient Monitoring analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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