Market Size of North America Patient Care Monitoring Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 19.16 Billion |
| Market Size (2029) | USD 27.54 Billion |
| CAGR (2024 - 2029) | 7.52 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Patient Care Monitoring Market Analysis
The North America Patient Care Monitoring Market size is estimated at USD 19.16 billion in 2024, and is expected to reach USD 27.54 billion by 2029, growing at a CAGR of 7.52% during the forecast period (2024-2029).
The major contributing factors are the growing burden of chronic diseases and growing preference for home care setting.
According to the Centres for Disease Control and Prevention, heart disease is one of the leading causes of death in the United States. According to the American Heart Association, the annual incidence for heart attack in the United States was reported to be around 720,000 and 335,000 recurrent attacks. The adaptation of sedentary lifestyle such as poor diet, high sugar diet which poses a high threat of heart disease. Therefore, the aforementioned factors are expected to fuel the market growth.
