France Patient Monitoring Market Size (2024 - 2029)

The France Patient Monitoring Market is projected to experience significant growth over the forecast period, driven by increased demand for wearable and remote monitoring devices, particularly due to the COVID-19 pandemic. The market's expansion is supported by technological advancements, government digitalization initiatives, and the rising prevalence of chronic diseases, which necessitate regular monitoring. Despite these positive trends, the high cost of technology may pose a challenge to market growth.

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Market Size of France Patient Monitoring Industry

France Patient Monitoring Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 2.32 Billion
Market Size (2029) USD 3.42 Billion
CAGR (2024 - 2029) 8.01 %
Market Concentration Low

Major Players

France Patient Monitoring Market Major Players

*Disclaimer: Major Players sorted in no particular order

France Patient Monitoring Market Analysis

The France Patient Monitoring Market size is estimated at USD 2.32 billion in 2024, and is expected to reach USD 3.42 billion by 2029, growing at a CAGR of 8.01% during the forecast period (2024-2029).

Factors such as the rising burden of chronic diseases and technological advancements in the products are boosting market growth. Chronic diseases such as cancers and cardiovascular diseases increase the demand for patient monitoring devices as abnormalities in vital signs can be observed in these conditions. For instance, according to data published by the International Agency for Research on Cancer in February 2024, the number of new cancer cases in France was reported to be 484 thousand in 2022, which is expected to reach 500 thousand by 2025 in the country. The anticipated rise in cancer cases will drive the demand for patient monitoring devices, fueling market expansion.

A high percentage of the senior population in the country is likely to contract various chronic diseases such as cancer, cardiovascular diseases, diabetes, hypertension, respiratory changes, and other diseases due to lifestyle and environmental changes. This is expected to increase the adoption of monitoring devices to regularly monitor their condition and status, thereby propelling the market's growth. For instance, data from the World Population Dashboard revealed that in 2024, France's population aged 65 and above constituted a notable 22% of the total, marking a significant demographic trend and is expected to rise over the coming years.

Furthermore, through partnerships and agreements, the companies are actively working on developing advanced patient monitoring devices. These efforts are expected to boost the availability of innovative devices and drive market growth during the forecast period. For instance, in November 2022, BIOSENCY partnered with RestMed to expand its offerings in France. Under this partnership, in France, RestMed distributed BIOSENCY's Bora-Care, a telemonitoring device for homecare patients with respiratory insufficiency.

Therefore, the market studied is poised for growth during the forecast period, driven by factors like the aging population and a rising burden of chronic diseases. However, the high cost of technology is likely to impede the growth of the patient monitoring market in France over the forecast period.

France Patient Monitoring Industry Segmentation

As per the scope of this report, patient monitoring devices are the monitoring devices that continuously monitor the patient's vital parameters, such as blood pressure and heart rate, using a medical monitor. These devices help collect medical (and other) data from individuals.

The French patient monitoring market is segmented by device type, application, and end user. By device type, the market is segmented into hemodynamic monitoring devices, neuromonitoring devices, cardiac monitoring devices, respiratory monitoring devices, and other monitoring devices. By application, the market is segmented into cardiology, neurology, respiratory, fetal and neonatal, weight management and fitness monitoring, and other applications. By end user, the market is segmented into home healthcare, hospitals, and other end users. The report offers market sizes and forecasts in terms of value (USD) for the above segments.

By Device Type
Hemodynamic Monitoring Devices
Neuromonitoring Devices
Cardiac Monitoring Devices
Respiratory Monitoring Devices
Other Types of Devices
By Application
Cardiology
Neurology
Respiratory
Fetal and Neonatal
Weight Management and Fitness Monitoring
Other Applications
By End User
Home Healthcare
Hospitals
Other End Users
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France Patient Monitoring Market Size Summary

The France patient monitoring market is poised for significant growth, driven by the increasing demand for advanced monitoring devices and the rising prevalence of chronic diseases. The market's expansion is fueled by technological advancements and the growing adoption of wearable and remote monitoring devices, which gained traction during the COVID-19 pandemic due to their ability to facilitate contactless health monitoring. The market is expected to benefit from government initiatives aimed at digital health transformation, as well as the introduction of innovative products by key industry players. These developments are anticipated to enhance the capabilities of patient monitoring systems, making them more integral to healthcare delivery in France.

The market is characterized by a competitive landscape with major players such as Draegerwerk AG, GE Healthcare, and Koninklijke Philips NV, among others, actively contributing to its growth. The neurology and cardiology segments are expected to witness substantial growth due to the rising burden of neurological and cardiovascular diseases, respectively. The increasing incidence of conditions such as Alzheimer's, Parkinson's, and cardiovascular diseases is driving the demand for specialized monitoring devices. Additionally, strategic partnerships and product launches are further propelling market expansion, as companies strive to meet the evolving needs of healthcare providers and patients. Despite the high cost of technology posing a challenge, the overall outlook for the France patient monitoring market remains positive, with continued growth anticipated over the forecast period.

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France Patient Monitoring Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Burden of Chronic Diseases

      2. 1.2.2 Technological Advancements in the Products

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Technology

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD)

    1. 2.1 By Device Type

      1. 2.1.1 Hemodynamic Monitoring Devices

      2. 2.1.2 Neuromonitoring Devices

      3. 2.1.3 Cardiac Monitoring Devices

      4. 2.1.4 Respiratory Monitoring Devices

      5. 2.1.5 Other Types of Devices

    2. 2.2 By Application

      1. 2.2.1 Cardiology

      2. 2.2.2 Neurology

      3. 2.2.3 Respiratory

      4. 2.2.4 Fetal and Neonatal

      5. 2.2.5 Weight Management and Fitness Monitoring

      6. 2.2.6 Other Applications

    3. 2.3 By End User

      1. 2.3.1 Home Healthcare

      2. 2.3.2 Hospitals

      3. 2.3.3 Other End Users

France Patient Monitoring Market Size FAQs

The France Patient Monitoring Market size is expected to reach USD 2.32 billion in 2024 and grow at a CAGR of 8.01% to reach USD 3.42 billion by 2029.

In 2024, the France Patient Monitoring Market size is expected to reach USD 2.32 billion.

France Patient Monitoring Market Report Snapshots

France Patient Monitoring Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)