Australia Patient Monitoring Devices Market Size & Outlook

The patient monitoring devices market in Australia is expected to reach a projected revenue of US$ 2,259.1 million by 2033. A compound annual growth rate of 10.4% is expected of Australia patient monitoring devices market from 2025 to 2033.
Revenue, 2024 (US$M)
$946.7
Forecast, 2033 (US$M)
$2,259.1
CAGR, 2025 - 2033
10.4%
Report Coverage
Australia

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Australia patient monitoring devices market, 2021-2033 (US$M)

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Australia patient monitoring devices market highlights

  • The Australia patient monitoring devices market generated a revenue of USD 946.7 million in 2024 and is expected to reach USD 2,259.1 million by 2033.
  • The Australia market is expected to grow at a CAGR of 10.4% from 2025 to 2033.
  • In terms of segment, cardiac monitoring devices was the largest revenue generating product in 2024.
  • Wearable Drug Delivery Systems is the most lucrative product segment registering the fastest growth during the forecast period.


Patient monitoring devices market data book summary

Market revenue in 2024USD 946.7 million
Market revenue in 2033USD 2,259.1 million
Growth rate10.4% (CAGR from 2025 to 2033)
Largest segmentCardiac monitoring devices
Fastest growing segmentWearable Drug Delivery Systems
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationBlood Glucose Monitoring Systems, Cardiac Monitoring Devices, Multi-parameter Monitoring Devices, Respiratory Monitoring Devices, Temperature Monitoring Devices, Hemodynamic/Pressure Monitoring Devices, Fetal & Neonatal Monitoring Devices, Neuromonitoring Devices, Weight Monitoring Devices, Other Patient Monitoring Devices, Wearable Drug Delivery Systems
Key market players worldwideBosch, BIOTRONIK, Intel Corp, Welch Allyn, Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Medtronic PLC, Masimo Corp, ICU Medical Inc


Other key industry trends

  • In terms of revenue, Australia accounted for 1.9% of the global patient monitoring devices market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Asia Pacific, China patient monitoring devices market is projected to lead the regional market in terms of revenue in 2033.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,139.7 million by 2033.

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Patient Monitoring Devices Market Scope

Patient monitoring devices market segmentation & scope

Patient Monitoring Devices Market Companies

Name Profile # Employees HQ Website
ICU Medical Inc View profile 14000 951 Calle Amanecer, San Clemente, CA, United States, 92673 https://www.icumed.com
Bosch View profile 10001+ Stuttgart, Baden-Wurttemberg, Germany, Europe http://www.bosch.com
Masimo Corp View profile 3796 52 Discovery, Irvine, CA, United States, 92618 https://www.masimo.com
Welch Allyn View profile 1001-5000 Skaneateles Falls, New York, United States, North America https://www.welchallyn.com/en.html
BIOTRONIK View profile 5001-10000 Berlin, Berlin, Germany, Europe https://www.biotronik.com/de-de
Medtronic PLC View profile 95000 Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 https://www.medtronic.com
Intel Corp View profile 124800 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 https://www.intel.com
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com
GE HealthCare Technologies Inc Common Stock View profile 51000 500 West Monroe Street, Chicago, IL, United States, 60661 https://www.gehealthcare.com

Australia patient monitoring devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to patient monitoring devices market will help companies and investors design strategic landscapes.


Cardiac monitoring devices was the largest segment with a revenue share of 15.74% in 2024. Horizon Databook has segmented the Australia patient monitoring devices market based on blood glucose monitoring systems, cardiac monitoring devices, multi-parameter monitoring devices, respiratory monitoring devices, temperature monitoring devices, hemodynamic/pressure monitoring devices, fetal & neonatal monitoring devices, neuromonitoring devices, weight monitoring devices, other patient monitoring devices, wearable drug delivery systems covering the revenue growth of each sub-segment from 2021 to 2033.


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Target buyers of Australia patient monitoring devices market databook

  • Our clientele includes a mix of patient monitoring devices market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia patient monitoring devices market, including forecasts for subscribers. This country databook contains high-level insights into Australia patient monitoring devices market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Australia patient monitoring devices market size, by product, 2021-2033 (US$M)

Australia Patient Monitoring Devices Market Share, 2024 & 2033 (US$M)

Australia patient monitoring devices market size, by product, 2021-2033 (US$M)

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