Research Note: Digital Health Monitoring Systems
Definition
The digital patient monitoring market encompasses technologies that leverage electronic connectivity to collect, analyze, and transmit patient health data, enabling healthcare professionals to remotely monitor patients' conditions across hospital, ambulatory, and home care settings. This market includes wireless sensor technologies, mobile health applications, wearable devices, and remote monitoring infrastructure that collect physiological data and transmit it to healthcare providers for assessment and intervention. Digital patient monitoring solutions integrate hardware components that capture biometric information with software platforms that analyze data, detect trends, and generate alerts when measurements fall outside established parameters. The market spans diagnostic monitoring devices that track vital parameters and therapeutic monitoring devices that support treatment adherence, with applications across acute care, chronic disease management, and preventive health monitoring. Advanced solutions incorporate artificial intelligence and machine learning capabilities that can detect subtle physiological changes, predict potential deterioration, and enable proactive intervention before critical situations develop. Digital monitoring technologies are transforming healthcare delivery by extending clinical oversight beyond traditional healthcare facilities into patients' everyday environments, supporting the shift toward decentralized, patient-centered care models.
Source: Fourester Research
Market
The global digital health monitoring market presents significant growth opportunities, with the overall digital health market valued at USD 312.9 billion in 2024 and projected to reach USD 2.19 trillion by 2034, growing at a remarkable CAGR of 21.2%. The digital health monitoring devices segment specifically is estimated to be valued at USD 5.26 billion in 2025 and expected to reach USD 17.79 billion by 2032, demonstrating a strong CAGR of 19.0%.
Digital health monitoring systems encompass a wide range of technologies that leverage electronic connectivity to collect, analyze, and transmit health data, extending beyond traditional clinical settings into consumers' everyday environments. These comprehensive systems include wireless sensor technologies, mobile health applications, wearable devices, telehealth platforms, and monitoring infrastructure that collectively enable continuous tracking of health parameters for both medical and wellness purposes. Digital health monitoring represents a broader ecosystem that includes both clinically-validated medical monitoring and consumer-oriented wellness tracking, with applications spanning hospitals, clinics, long-term care facilities, and personal use environments. The global digital health monitoring market is estimated to be valued at USD 5.26 billion in 2025 and is projected to reach USD 17.79 billion by 2032, growing at a CAGR of 19.0%, driven by increasing smartphone penetration, improved network coverage, and favorable government initiatives supporting digital health adoption. Key components in this market include hardware devices (wearable sensors, smart watches, wireless monitors), software platforms (analytics dashboards, mobile apps), connectivity solutions (Bluetooth, Wi-Fi, 5G), AI and analytics tools, cloud infrastructure, integration services, and patient engagement tools that collectively create comprehensive monitoring ecosystems.
Featured specifically in another report, Patient monitoring systems represent a more specific medical-focused subset of the broader digital health market, involving continuous or intermittent observation of patients' vital signs and physiological parameters within the context of formal healthcare delivery. These systems are primarily designed for clinical use by healthcare professionals to track patients' medical conditions, with applications across hospital care, ambulatory settings, and medically-supervised home care environments. The global patient monitoring devices market was valued at approximately $51.1 billion in 2022 and is projected to reach $82.59 billion by 2032, growing at a CAGR of 9.13%, with hospital-based monitoring systems continuing to represent the largest segment by end-user, though home care applications are experiencing rapid growth. Patient monitoring typically requires regulatory clearance (like FDA approval) and focuses on medical-grade accuracy for clinical decision-making, whereas consumer digital health monitoring may include wellness tracking that falls outside formal medical oversight. The integration of artificial intelligence, machine learning, and predictive analytics represents a significant advancement in patient monitoring, enabling early detection of clinical deterioration before symptoms become apparent and creating new opportunities for preventive interventions and reduced hospitalizations.
Product
The digital health monitoring sector encompasses a diverse range of products including wearable devices such as smart watches, fitness trackers, and specialized medical-grade monitors that capture biometric data for both wellness and clinical applications. Smart rings represent an emerging product category that tracks long-term health trends and offers early detection capabilities for potential health issues, with companies like Muse developing comprehensive rings that monitor vital signs including blood oxygen levels, body temperature, and respiratory rates. The market includes diagnostic monitoring devices (blood glucose monitors, ECG patches, smart scales) that track physiological parameters and therapeutic monitoring devices that support treatment adherence and efficacy measurement across various care settings. Remote patient monitoring technologies like those from Masimo are widely deployed in critical care, post-surgery recovery, and general monitoring contexts, while innovative solutions such as Proteus Digital Health's system combines digital technologies with ingestible sensors embedded in medications. Software platforms represent another critical product category, including patient dashboards, clinical decision support systems, mobile health applications, and data analytics platforms that process and interpret the information collected by monitoring hardware. Virtual solutions for musculoskeletal care have emerged as a specialized segment, with companies like SWORD Health providing digital physical therapy, women's pelvic health care, and AI engines that identify at-risk patients who might need surgery and engage them in preventative interventions. The market also includes connectivity and infrastructure products that enable secure data transmission, storage, and integration with broader healthcare information systems, with advanced solutions increasingly incorporating AI capabilities for predictive analytics and personalized care recommendations.
The digital health monitoring market features several major vendors who provide comprehensive solutions across various product categories. Key players include Medtronic, GE Healthcare, Philips Healthcare, and Abbott Laboratories, who collectively control approximately 65% of the global market share in patient monitoring with Philips remaining the overall market leader in clinical care markets despite GE Healthcare gaining share through strategic advancements in AI and remote monitoring technologies. SWORD Health has emerged as a notable vendor providing virtual solutions for musculoskeletal problems, including digital physical therapy, women's pelvic health care, and AI-driven preventative interventions. Masimo specializes in remote patient monitoring technologies widely used across critical care, post-surgery recovery, and general patient monitoring settings, while Proteus Digital Health offers a unique approach combining digital health technologies with ingestible sensors embedded in medications. Better represents an innovative vendor transforming healthcare through its advanced digital health platform, electronic prescribing, medication administration solution, and low-code development tools designed to simplify tasks for health and care teams. Axxess has positioned itself as a top worldwide technology pioneer specifically focusing on home healthcare challenges with a comprehensive suite of user-friendly, innovative software solutions for home health, home care, hospice, and palliative care professionals.
Bottom Line
Healthcare organizations evaluating digital health monitoring solutions should focus on comprehensive systems that integrate smoothly with existing clinical workflows while supporting the evolution toward more distributed care models. CIOs should understand the distinction between broader digital health monitoring technologies that may include consumer wellness applications and the more clinically-focused patient monitoring systems that require regulatory clearance and medical-grade accuracy. Vendor selection should prioritize companies with proven expertise across multiple care settings, from intensive care units to patients' homes, with Philips Healthcare maintaining overall market leadership in clinical monitoring despite growing competition from GE Healthcare and Medtronic in specialized monitoring segments. Key evaluation criteria should include interoperability with existing systems, robust security features, scalability to accommodate emerging care models, and demonstrated clinical outcomes rather than focusing solely on acquisition costs. Organizations should assess the AI and predictive analytics capabilities of potential solutions, as these technologies increasingly differentiate leading platforms by enabling early detection of clinical deterioration and supporting preventive interventions. As the market continues its rapid evolution with projected growth rates ranging from 9.13% for traditional patient monitoring to over 25% for wearable and digital monitoring solutions, healthcare leaders must develop strategies that leverage these technologies to improve outcomes while controlling costs across the entire care continuum.
Appendix
Vendors Category
Hardware Component Vendors
Wearable Devices & Sensors
Apple - Apple Watch with ECG monitoring, fall detection, and fitness tracking capabilities
Fitbit (Google) - Fitness trackers and smartwatches with heart rate, activity, and sleep monitoring
Garmin - Advanced wearables with stress tracking and comprehensive health monitoring
Medtronic - Medical-grade wearable monitoring systems for chronic conditions
iRhythm - Zio platform with wearable cardiac monitoring biosensors
Masimo - Medical-grade pulse oximetry technology and monitoring systems
BioIntelliSense - BioButton wearable devices for continuous monitoring of vital signs
Cala Health - Wearable neuromodulation therapies for treatment of chronic conditions
Muse Wearables - Ring One smart ring for comprehensive health parameter tracking
Connected Medical Devices
Abbott Laboratories - Connected glucose monitors and cardiac devices
Omron - Connected blood pressure monitors and health tracking devices
Dexcom - Continuous glucose monitoring systems
ResMed - Connected respiratory monitoring devices
Withings - Smart scales, blood pressure monitors, and sleep tracking devices
A&D Medical - Connected blood pressure monitors and weight scales
Proteus Digital Health - Digital medicine platform with ingestible sensors
Software Component Vendors
Monitoring Platforms & Analytics
Philips Healthcare - Comprehensive patient monitoring solutions and telehealth services
GE Healthcare - Mural Virtual Care Solution and monitoring analytics platforms
HealthArc - SaaS platform for effective patient monitoring and predictive interventions
Health Recovery Solutions - Remote care platform for monitoring and telehealth integration
Biofourmis - AI-powered monitoring platform that detects deterioration using wearable data
Optimize Health - Remote care platform for unified data monitoring and chronic care management
Datos Health - Platform for collecting and analyzing health data from various wearables
Medocity - Platform for managing chronic conditions with integrated remote monitoring
HealthSnap - Virtual care management platform with cellular-enabled RPM devices
Accuhealth - EHR-connected remote monitoring solution with proprietary integration engine
Clear Arch Health - Cloud-based platform for remote monitoring and care coordination
Athelas - Software for telehealth programs and intelligent medical billing
100Plus - AI-powered platform for tracking patient health information
Ejenta - Technology for collecting and analyzing data from medical monitoring devices
Vitls - Wearable devices and platform for real-time vital sign tracking
eVisit - Advanced remote monitoring platform with Native+ integration
CareSimple - End-to-end remote monitoring platform with EHR integration
Vheda Health - Digital chronic management platform for high-risk populations
Specialty Solutions
SWORD Health - Virtual physical therapy and musculoskeletal care solutions
Spring Health - Behavioral health solutions with machine learning capabilities
Carrot Fertility - Hormonal and fertility healthcare platform
Maven Clinic - Digital health platform focused on women and family health
Quit Genius - Digital therapeutic solutions for substance use disorders
Click Therapeutics - Digital therapeutics for various medical conditions
Teladoc Health - Telehealth and virtual care services
Zocdoc - Digital platform for finding and scheduling healthcare providers
SimplePractice - Platform for managing medical practices with EHR capabilities
DoseSpot - Software for remote drug prescribing and medication management
Transcarent - Platform providing virtual, in-home, and in-person care access
Enterprise Integration & Analytics
Cerner (Oracle) - Comprehensive EHR with monitoring integration capabilities
Epic Systems - Healthcare information systems with remote monitoring features
Tebra - Practice automation solution formed by merger of Kareo and PatientPop
Athenahealth - Clinical and administrative operations management software
McKesson - Healthcare software and technology solutions
Meditech - Web-based electronic health record systems
eClinicalWorks - Practice management and telehealth solutions
Veradigm - Healthcare data analytics and technology solutions
NextGen - Population health management and mobile healthcare applications
PartsSource - Supply chain software platform serving healthcare providers
Edifecs - Technology connecting payers and providers in healthcare
As-a-Service Component Vendors
Platform-as-a-Service
InterSystems - Digital health platform with cloud and PaaS deployment options
ZS - Digital health solutions and strategy consulting services
Qlik Sense - Self-service data analytics platform with AI capabilities
IBM Instana - AI-enhanced monitoring and analytics platform
Datadog - SaaS-based infrastructure monitoring solution
ManageEngine OpManager - Network monitoring solution with vendor templates
PRTG Network Monitor - Easy-setup monitoring solution with pre-configured sensors
Checkmk - Versatile platform for integration with other monitoring solutions
Managed Service Providers
Health Recovery Solutions - End-to-end managed care solution with implementation support
CoachCare - Comprehensive RPM solution with implementation and training support
Healee - White-label telehealth and RPM platform with medical charting capabilities
Accenture - Digital health consulting and managed services
TechMagic - Healthcare software development services
Intellias - Custom digital health platforms and innovation services
Evaluation Considerations for Healthcare Organizations
When evaluating digital health monitoring vendors, organizations should consider:
Integration Capabilities: Ensure solutions can integrate with existing clinical information systems and EHRs
Scalability: Platforms should accommodate growth in patient volume and expansion across care settings
Deployment Options: Consider cloud, on-premise, or hybrid deployment models based on organizational needs
Security & Compliance: Verify HIPAA compliance and robust security features
Clinician Workflow: Solutions should enhance rather than disrupt clinical workflows
Total Cost of Ownership: Consider implementation, training, ongoing support, and maintenance costs
Outcome Evidence: Request evidence of improved outcomes like reduced readmissions and enhanced patient engagement
Device Management: Evaluate device provisioning, replacement, and management capabilities
Patient Experience: Solutions should be accessible and user-friendly for diverse patient populations
Analytics Capabilities: Advanced platforms should offer predictive analytics and decision support features