Hospital Equipment & Healthcare CapEx · Indirect
Monitoring · monthly
Procurement Category Intelligence

Patient Monitors - Vital Signs

Overview
Market size
$6.0B
global, USD
CAGR
7.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
7
tracked players
Signals
12
monitored

Market outlook

2031$8.5B

What changed

Demand by region

North America demand40%
Europe demand25%
Asia Pacific demand23%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Electronic components and semiconductor chips35%
Sensor modules and specialized measurement probes25%
Software licensing, AI integration, and cybersecurity15%
Enclosures, medical-grade plastics, and structural hardware15%
Assembly, calibration, testing, and logistics10%
share of delivered cost (analyst estimate)

Supplier watchlist

7 tracked