United Kingdom Patient Monitoring Market Insights Forecasts to 2033

• The United Kingdom Patient Monitoring Market Size was valued at USD 2.15 Billion in 2023.
• The Market Size is Growing at a CAGR of 7.55% from 2023 to 2033
• The UK Patient Monitoring Market Size is Expected to Reach USD 4.45 Billion by 2033

The United Kingdom Patient Monitoring Market is Anticipated to Exceed USD 4.45 Billion by 2033, growing at a CAGR of 7.55% from 2023 to 2033. The growing chronic disease and initiatives by the government are driving the growth of the patient monitoring market in the United Kingdom.   

Market Overview

Patient monitoring is an essential aspect of healthcare, involving the continuous or periodic assessment of a patient’s vital signs, physiological measurements, and overall health status. Medical devices and technologies to collect, record, and analyze data such as BP, heart rate, oxygen saturation, respiratory rate, temperature, and other critical indicators. By using patient monitoring equipment, healthcare professionals can keep an eye on, document, and evaluate their patient's acute or long-term problems from outside of a hospital or clinic. They enable real-time understanding of a patient’s disease state, enabling the provider to make proactive clinical decisions.  Patient monitoring devices mediate the engagement of patients with and better understanding of their daily health. When a patient is engaging with their health daily through RPM devices they are more likely to see lasting positive health outcomes. Remote patient monitoring pairs well with telehealth when patients need to be monitored for certain health conditions.

Report Coverage

This research report categorizes the market for the UK patient monitoring market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the patient monitoring market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK patient monitoring market.

Driving Factors

The increasing prevalence of chronic diseases such as cardiovascular diseases, diabetes, and respiratory disorders in the UK is driving the market. Further, the rising demand for health surveillance via early detection, interventions, and management of chronic illnesses (monitoring and addressing the complexities of chronic health conditions) is propelling the market demand for patient monitoring. The initiatives taken by the government for investments in developing modern healthcare technologies and fostering collaborations between public and private sectors are contributing to market growth. Further, the growing awareness about the benefits of regular health monitoring is also responsible for driving the market demand.   

Restraining Factors

Connectivity issues in real-time data transmission and communication devices affect the timeliness and accuracy of patient information which ultimately leads to restraining the patient monitoring market in the UK.

Market Segmentation

The United Kingdom Patient Monitoring Market share is classified into product and end user.

• The blood glucose monitoring segment accounted for the largest market share in 2023.

The United Kingdom patient monitoring market is segmented by product into blood glucose monitoring, cardiac monitoring devices, multi-parameter monitoring devices, respiratory monitoring devices, hemodynamic/pressure monitoring devices, weight monitoring devices, fetal & neonatal monitoring devices, neuromonitoring devices, and temperature monitors. Among these, the blood glucose monitoring segment accounted for the largest market share in 2023. Blood glucose monitoring is crucial for monitoring diabetic patients to make decisions about food, physical activity, and dosing insulin. The increasing prevalence of diabetic patients with the growing awareness about the prevention and management of diabetes are anticipated to propel the market demand for patient monitoring.

• The ambulatory surgical centers segment is expected to grow at the fastest CAGR during the forecast period.

The United Kingdom patient monitoring market is segmented by end user into hospitals & clinics, ambulatory surgical centers, home care settings, and others. Among these, the ambulatory surgical centers segment is expected to grow at the fastest CAGR during the forecast period. Ambulatory surgical centers are outpatient surgery centers comprising modern medical facilities specializing in outpatient surgical procedures. The portable monitoring solutions provide the advantages of avoiding delays and optimizing workflow, cost-effective. It is also a user-friendly solution that retains patient safety.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the UK patient monitoring market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Medtronic Plc.
• GE Healthcare
• Nihon Kohden Corporation
• Masimo Corporation
• Biotronik SE & Co. KG
• Honeywell International Inc.
• Hill-Rom Holdings, Inc.
• Abbott Laboratories
• Koninklijke Philips N.V.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Patient Monitoring Market based on the below-mentioned segments:

United Kingdom Patient Monitoring Market, by Product 

• Blood Glucose Monitoring
• Cardiac Monitoring Devices
• Multi-Parameter Monitoring Devices
• Respiratory Monitoring Devices
• Hemodynamic/Pressure Monitoring Devices
• Weight Monitoring Devices
• Fetal & Neonatal Monitoring Devices
• Neuromonitoring Devices
• Temperature Monitor

United Kingdom Patient Monitoring Market, By End User

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Home Care Settings
• Others