PUBLISHER: Grand View Research | PRODUCT CODE: 1814046
PUBLISHER: Grand View Research | PRODUCT CODE: 1814046
The global patient monitoring accessories market size was estimated at USD 8.44 billion in 2024 and is anticipated to reach USD 18.25 billion by 2033, expanding at a CAGR of 9.05% from 2025 to 2033. Key factors fueling market growth include rapid technological advancements, a rising burden of chronic diseases, an aging global population, and increased adoption of home-based monitoring devices.
The ongoing shift toward preventive care and the need for real-time, continuous patient data are further accelerating demand for advanced monitoring accessories across healthcare settings. The prevalence of chronic diseases such as cardiovascular diseases, diabetes, and chronic respiratory diseases requires frequent assessment of the patient's health. This creates a demand for accessories that would enable the monitoring of a patient's health all the time. In addition, there are technological advancements that have ensured the invention of better and more accurate monitoring tools for patients. In October 2024, the CDC highlighted that 60% of U.S. adults suffer from at least one chronic disease, and 40% have two or more. Conditions such as heart disease, cancer, and diabetes remain the top contributors to death, disability, and rising healthcare costs, totaling USD 4.5 trillion annually. These diseases are largely linked to modifiable lifestyle factors like smoking, poor diet, lack of physical activity, and heavy alcohol use.
As the geriatric population increases all over the world, there is a requirement of constant health supervision to deal with the illnesses associated with aging. In addition, there is a trend towards the use of home care solutions in families due to the convenience and cost factors. Patient monitoring accessories help people to track their health status from the comfort of their homes, thus ensuring early diagnosis and management of their conditions.In October 2024, the WHO projected that the number of people aged 60 and above will reach 2.1 billion by 2050, with 80% living in low- and middle-income nations. Older adults commonly experience conditions like hearing impairment, osteoarthritis, dementia, diabetes, and chronic respiratory diseases. The prevalence of multiple coexisting health problems in this population is driving the need for more comprehensive, coordinated care solutions.
Healthcare organizations have shifted their focus towards prevention of diseases in order to decrease future healthcare costs and improve health before it gets late for the individual. Monitoring related accessories is crucial in the concept of preventive medicine since it allow for early detection of various health signs.In March 2025, according to Circadian Health, a strategic partnership with Tenovi was launched to expand access to remote monitoring devices for chronic disease management. The collaboration integrates over 40 connected accessories such as blood pressure monitors and glucose meters into Circadian's virtual care platform, enabling real-time data sharing to support early intervention and reduce hospital admissions.
Global Patient Monitoring Accessories Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global patient monitoring accessories market report based on product and region: