Hemodynamic Monitoring Devices are used when there is a need to assess the patient’s cardiovascular health, especially after undergoing a cardiac medical procedure. These devices assist in the determining the blood volume and oxygen content and perfusion rate and other essential parameters.
According to the report Hemodynamic Monitoring Devices Market, published by Market Data Forecast, the Global market is projected to reach USD 1.21 billion by 2022, at a CAGR of 4.5% from 2017 to 2022.
Hemodynamic Monitoring Devices Market: Drivers & Restraints
Significant factors responsible for the growth of market are increasing risk and prevalence of cardiovascular diseases due to sedentary lifestyles, increasing necessity for critical congenital heart disease screening and the increasing risk factors for COPD and other lung disorders.Conversely, High cost of monitoring devices and manufacturing complications are the factors hindering the growth of market.
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Hemodynamic Monitoring Devices Market: Segmentation
- Hemodynamic Monitoring Systems
By Monitoring Type
- Invasive Systems
- Minimally Invasive Systems
- Non Invasive Systems
By End Users
- Catheterization laboratories
- Home and Ambulatory Care
- North America
o United States
o South Korea
- Latin America
o Rest of Latin America
- Middle East & Africa
Hemodynamic Monitoring Devices Market: Overview
Based on Type, Minimally invasive devices are projected to hold the major share in the market due to shifting patient preference towards minimally invasive procedures and extensive use in the field of anaesthesia.
Based on product type, Disposable are estimated to have the major share in the market due to increasing use of invasive devices in both ICUs and OTs for patient monitoring.
Regionally, North America is dominating the market with major share due to developed healthcare infrastructure and increasing funding for R&D. Asia Pacific is expected to grow the fastest as it serves as a revenue pocket companies offering hemodynamic monitoring systems and also the growing geriatric population in this region is assisting the growth of market.
Hemodynamic Monitoring Devices Market: Key Players
Edwards Lifesciences Corporation, PULSION Medical Systems SE, LiDCO Group plc., Cheetah Medical Inc., Deltex Medical Group plc., Hemo Sapiens, Inc., ICU Medical, Inc., Osypka Medical GmbH, Schwarzer Cardiotek GmbH, and Tensys Medical, Inc. are the major players of Global Hemodynamic Monitoring Devices market.
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