Germany Patient Care Monitoring Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Germany Patient Care Monitoring is expected to register a CAGR of nearly 7.8% during the forecast period. This report is segmented by Type of Device, Application (Cardiology, Neurology, Respiratory, Fetal and Neonatal, Weight Management and Fitness Monitoring and Other Applications) and End-users

Market Snapshot

Market Snapshot
Study Period: 2018 - 2026
Base Year: 2021
CAGR: 7.8 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The Germany Patient Monitoring Market is expected to register a CAGR of nearly 7.8% during the forecast period. The rising burden of chronic diseases and technological advancements in the patient monitoring system is expected to contribute majorly on the market growth. 

Cardiovascular diseases are the major burden of morbidity and mortality in Germany. According to Eurostat, in 2018, there are about 45,000 bypasses were conducted in Germany. Hence, with the increase in bypasses, there is an increase in the demand for patient monitoring systems in the country that helps the patient monitoring market to grow during the forecast period.

Scope of the report

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

Report scope can be customized per your requirements. Click here.

Key Market Trends

Cardiology is Expected to Dominate the Germany Patient Monitoring Market

Cardiac monitoring refers to continuous or intermittent monitoring of heart activity with the assessment of the patient's condition relative to their cardiac rhythm. Additional monitoring components allow cardiovascular pressures and cardiac output to be monitored and displayed as required for patient diagnosis and treatment. 

The continuous cardiovascular and pulmonary monitoring allows for prompt identification and initiation of treatment. As per the data of Eurostat, in 2018, there are around 10.4 million people in Europe that were admitted to the hospital related to cardiovascular diseases, out of which about 33.5% of this population was recorded from Germany. Thus, with the rising burden of cardiovascular disease in the country, the need for cardiac disease management has increased and it is expected to fuel the market growth.

Germany Patient Monitoring Market Trend.png

Competitive Landscape

The Germany Patient Monitoring market is fragmented and the major market players include, Draegerwerk AG, GE Healthcare, Koninklijke Philips NV, Abbott Laboratories, Medtronic Plc, Baxter International Inc, Boston Scientific Corporation, Siemens Healthineers, Biotronik and Beckton, Dickinson & Company.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Burden of Chronic Diseases

      2. 4.2.2 Technological Advancements in the Products

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Technology

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Device Type

      1. 5.1.1 Hemodynamic Monitoring Devices

      2. 5.1.2 Neuromonitoring Devices

      3. 5.1.3 Cardiac Monitoring Devices

      4. 5.1.4 Respiratory Monitoring Devices

      5. 5.1.5 Remote Monitoring Devices

      6. 5.1.6 Other Types of Devices

    2. 5.2 By Application

      1. 5.2.1 Cardiology

      2. 5.2.2 Neurology

      3. 5.2.3 Respiratory

      4. 5.2.4 Fetal and Neonatal

      5. 5.2.5 Weight Management and Fitness Monitoring

      6. 5.2.6 Other Applications

    3. 5.3 By End User

      1. 5.3.1 Home Healthcare

      2. 5.3.2 Hospitals and Clinics

      3. 5.3.3 Other End Users

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Draegerwerk AG

      2. 6.1.2 GE Healthcare

      3. 6.1.3 Koninklijke Philips NV

      4. 6.1.4 Abbott Laboratories

      5. 6.1.5 Medtronic Plc

      6. 6.1.6 Baxter International Inc

      7. 6.1.7 Boston Scientific Corporation

      8. 6.1.8 Siemens Healthineers

      9. 6.1.9 Beckton, Dickinson & Company

      10. 6.1.10 BIOTRONIK

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Germany Patient Monitoring Market market is studied from 2018 - 2026.

The Germany Patient Monitoring Market is growing at a CAGR of 7.8% over the next 5 years.

Abbott Laboratories, Boston Scientific Corporation, GE Healthcare, Beckton, Dickinson and Company, BIOTRONIK are the major companies operating in Germany Patient Monitoring Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!