[Boston, 4th July 2025] – Clearview Market Insights (CVMI) forecasts that the global central patient monitoring system (CPMS) market will grow from USD 4.81 billion in 2024 to USD 10.79 billion by 2031, at a CAGR of 12.5%. The rise of telehealth, chronic disease management, and predictive healthcare is driving strong demand.
“Centralized monitoring systems are becoming essential for modern healthcare, offering real-time insights, enhancing patient safety, and streamlining clinical workflows,” said Dr. Lara Chen, healthcare technology analyst at CVMI.
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Key Market Highlights
- 2024 Market Size: USD 4.81 billion
- 2031 Forecast: USD 10.79 billion
- CAGR: 12.5% (2024–2031)
Growth Catalysts
- Increase in Chronic Conditions: Heart failure, COPD, and neurological disorders boost demand.
- Remote Monitoring Growth: CPMS is vital for telehealth expansion.
- AI-Enabled Analytics: Predictive alerts improve patient outcomes.
Segment Insights
- Top End User: Hospitals hold over 60% market share.
- Fastest-Growing Application: Telehealth and remote patient monitoring.
- Regional Leaders: North America leads, followed by Europe and a quickly expanding Asia-Pacific.
Competitive Overview (2024)
- Philips – 23%: Industry leader offering comprehensive CPMS solutions.
- GE Healthcare – 19%: Excelling in mobile and scalable monitoring.
- Dräger – 15%: Focuses on central monitoring for acute care.
- Others – 43%: Mix of specialized and regional players.
Outlook to 2031
The CPMS market will grow with AI-powered decision support, smooth EHR integration, and cloud-based monitoring that goes beyond hospital walls. Growth in emerging markets will be fueled by investments in healthcare infrastructure and the increase of connected care models.
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Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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