PUBLISHER: Grand View Research | PRODUCT CODE: 1869864
PUBLISHER: Grand View Research | PRODUCT CODE: 1869864
The global hemodynamic monitoring devices market size was estimated at USD 1.58 billion in 2024 and is projected to reach USD 2.78 billion by 2033, growing at a CAGR of 6.5% from 2025 to 2033. The growth is driven by several key factors, such as the rising prevalence of cardiovascular diseases and critical illnesses, integration of AI and predictive analytics, growing demand for minimally invasive and non-invasive monitoring techniques, and technological advancements in monitoring devices, including real-time data and wireless connectivity.
The increasing prevalence of CVDs and associated risk factors is anticipated to boost the demand for hemodynamic monitoring devices. Hemodynamic monitoring devices play an increasingly important role in assessing and reducing the risk of heart failure. Hemodynamic monitoring devices, such as implantable devices, provide objective data on factors like pulmonary artery pressure. This allows doctors to identify patients at higher risk for hospitalization or even death from heart failure. Heart failure is one of the leading causes of death across the globe; for instance, according to the CDC, around 6.7 million adults of 20 years and older in the U.S. have heart failure.
In addition, the demand in the hemodynamic monitoring devices industry is constantly growing due to the rising prevalence of Sudden Cardiac Arrests (SCA). Cardiac arrests are generally severe or fatal, and the survival rate in several countries is low, mainly in cases of out-of-hospital attacks. According to the Heart and Stroke Statistics 2022 by the American Heart Association, more than 356,000 out-of-hospital cardiac arrests occur in the U.S. every year, with around 90% of them resulting in death. Hence, the increasing prevalence of cardiac arrest is anticipated to boost the demand for pacemakers.
The aging process significantly changes the cardiovascular system, making careful hemodynamic management essential for older ICU patients. As people age, the balance of the autonomic nervous system gradually shifts: parasympathetic activity weakens while resting sympathetic activity increases. This imbalance heightens the risk of cardiovascular complications in elderly individuals.
At the same time, the global population is aging rapidly. According to the WHO, the number of people aged 60 and above is projected to rise from around 1 billion in 2020 to 1.4 billion by 2030, reaching approximately 2.1 billion by 2050. Consequently, the number of elderly patients experiencing critical illnesses has grown substantially in recent years, underscoring the increasing need for advanced hemodynamic monitoring in this vulnerable population.
Global Hemodynamic Monitoring Devices Market Report Segmentation
This report forecasts revenue growth at the 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 hemodynamic monitoring devices market report based on system type, product, end use, and region: