Indonesia Patient Monitoring Market

Plastic Optic Fiber Market Report Thumbnail

Indonesia Patient Monitoring Market by Product (Cardiac Monitoring Devices, Blood Glucose Monitoring Systems, Hemodynamic/Pressure Monitoring Devices, Multi-parameter Monitoring Devices, Respiratory Monitoring Devices, Temperature Monitoring Devices, Fetal & Neonatal Monitoring Devices, Neuromonitoring Devices, Weight Monitoring Devices, and Other Devices), by Type (Conventional and Wireless), and by End User (Home Healthcare, Hospitals & Clinics, and Others) - Opportunity Analysis and Industry Forecast, 2024–2030

Industry: Healthcare | Publish Date: 17-Feb-2024 | No of Pages: 148 | No. of Tables: 110 | No. of Figures: 75 | Format: PDF | Report Code : N/A

  • Facebook
  • Linkedin
  • Whatsapp

Market Definition

The Indonesia Patient Monitoring Market size was valued at USD 416.54 million in 2023, and is predicted to reach USD 658.20 million by 2030, with a CAGR of 6.5% from 2024 to 2030. Patient monitoring is an essential component of modern healthcare, involving the ongoing or periodic evaluation of a patient's vital signs, physiological measurements, and overall health status throughout their medical treatment. This process utilizes a variety of medical devices and technologies to collect, record, and analyze data such as blood pressure, heart rate, oxygen saturation, respiratory rate, temperature, and other crucial indicators.

The patient monitoring market encompasses the segment of the healthcare industry dedicated to developing, manufacturing, and supplying equipment and systems for the continuous or intermittent monitoring and recording of a patient's vital signs and health parameters. This segment plays a critical role in a diverse range of healthcare settings, including hospitals and intensive care units, outpatient clinics, and home healthcare environments. This ensures that patients receive the appropriate level of care tailored to their specific medical needs.

Increasing Awareness Among Consumers About the Role of Patient Monitoring in Preventive Healthcare

The expansion of the patient monitoring market is dependent on increasing awareness and education among both healthcare providers and patients. To fully utilize the benefits of patient monitoring technologies, healthcare professionals must be informed about the positive impacts these systems have on patient care, such as better outcomes, increased efficiency, and proactive healthcare delivery. Simultaneously, patient education is essential for encouraging active participation and compliance with monitoring plans. By raising awareness about the role of patient monitoring in preventive healthcare, promoting technology literacy, and conducting public awareness campaigns, stakeholders can foster a more informed healthcare environment.

 

Rising Chronic Diseases Increase Demand for Patient Monitoring Devices

The Patient Monitoring Market in Indonesia is experiencing significant expansion driven by a notable surge in the incidence of chronic diseases. With conditions such as diabetes, cardiovascular diseases, and respiratory disorders on the rise, there is an increasing demand for patient monitoring solutions. These devices, including wearable technologies and home monitoring systems, are essential for the continuous tracking and management of vital health parameters.

As the population living with chronic conditions grows, patient monitoring devices play a crucial role in providing real-time data, aiding both individuals and healthcare providers in early detection of anomalies and timely intervention. The market's response to this escalating demand contributes to the effective management of chronic diseases and underscores the pivotal role patient monitoring plays in the evolving healthcare landscape of Indonesia.

 

Connectivity Issues in Patient Monitoring Devices Restrain the Market Growth

One of the significant restraining factors in the patient monitoring market in Indonesia is the connectivity issues which pose a risk to real-time data transmission and communication between devices, impacting the timeliness and accuracy of patient information. Addressing these challenges is crucial for unlocking the full potential of patient monitoring technologies and ensuring their widespread adoption in the healthcare sector.

Introduction of AI and Machine Learning Create Future Growth Opportunities

Artificial Intelligence (AI) and Machine Learning (ML) are transforming the landscape of patient monitoring by enabling advanced analysis of extensive datasets. In this context, AI algorithms leverage historical patient data to identify subtle patterns and anomalies in vital signs and medical history. This capability allows for early detection of potential health issues before symptoms manifest, facilitating timely interventions.

Moreover, the integration of AI and ML supports the concept of personalized medicine, tailoring treatment plans based on individual patient characteristics and responses. These technologies contribute to risk stratification, helping healthcare providers prioritize interventions for patients at higher risk of developing specific medical conditions or complications.

 

Competitive Landscape

Various market players operating in the Indonesia patient monitoring market include Medtronic Plc, Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers, Nihon Kohden Corporation, Abbott Laboratories, Masimo Corporation, Hill-Rom Holdings, Inc., Biotronik SE & Co. KG, Honeywell International, Inc., and others.

Indonesia Patient Monitoring Key Market Segments

By Product

  • Cardiac Monitoring Devices

    • Mobile Cardiac Telemetry Monitors

    • Electrocardiogram (ECG) Devices

    • Implantable Loop Recorders

    • Event Monitors

    • Smart/Wearable ECG Monitors

  • Blood Glucose Monitoring Systems

    • Self-Monitoring Blood Glucose Systems

    • Continuous Glucose Monitoring Systems

  • Hemodynamic/Pressure Monitoring Devices

    • Hemodynamic Monitors

    • Blood Pressure Monitors

    • Disposables 

  • Multi-Parameter Monitoring Devices

    • Low-Acuity Monitoring Device

    • Mid-Acuity Monitoring Devices

    • High-Acuity Monitoring Devices

  • Respiratory Monitoring Devices

    • Pulse Oximeters

    • Spirometers

    • Capnographs

    • Peak Flow Meters

  • Temperature Monitoring Device

    • Handheld Temperature Monitoring Devices

    • Table-Top Temperature Monitoring Devices

    • Wearable Continuous Monitoring Devices

    • Invasive Temperature Monitoring Devices

    • Smart Temperature Monitoring Devices

  • Fetal & Neonatal Monitoring Devices

    • Neonatal Monitoring Devices

    • Fetal Monitoring Devices

  • Neuromonitoring Devices

    • Electroencephalograph (EEG) Machines

    • Electromyography Machines

    • Cerebral Oximeter

    • Intracranial Pressure (ICP) Monitors

    • Magnetoencephalography (MEG) Machines

    • Transcranial Doppler (TCD) Machines

  • Weight Monitoring Devices

    • Digital

    • Analog

  • Others Devices

By Type

  • Conventional

  • Wireless

By End User

  • Home Healthcare

  • Hospitals & Clinics

  • Others

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 416.54 Million

Revenue Forecast in 2030

USD 658.20 Million

Revenue Growth Rate

CAGR of 6.5% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

Increasing awareness among consumers about the role of patient monitoring in preventive healthcare

Rising chronic diseases increase demand for patient monitoring devices

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

  • Medtronic Plc

  • Koninklijke Philips N.V.

  • GE Healthcare

  • Siemens Healthineers

  • Nihon Kohden Corporation

  • Abbott Laboratories

  • Masimo Corporation

  • Hill-Rom Holdings, Inc.

  • Biotronik SE & Co. KG

  • Honeywell International, Inc.

Bar chart Pie chart Pie chart

Frequently Asked Questions

According to Next Move Strategy Consulting, the market size of Indonesia patient monitoring will be USD 658.20 million in 2030.

According to Next Move Strategy Consulting, the market size of Indonesia patient monitoring is USD 416.54 million in 2023.

AI is used to analyze large datasets from patient monitoring devices, helping healthcare providers detect trends and anomalies and predict patient outcomes effectively.

Wearable patient monitoring devices offer real-time data, improved patient comfort, and the ability to track health metrics continuously, which can aid in early disease detection and management.

The top companies operating in the patient monitoring market include Medtronic Plc, Koninklijke Philips N.V., GE Healthcare, Siemens Healthineers, and Abbott Laboratories.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,525
$3,874
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more