Patient monitoring devices are the devices used to monitor vital signs of the patients. Monitoring devices are used in minor and major surgeries to monitor the patient’s physiological signs and related complications. Rapid technological advancements and increasing awareness for diagnosis elevates the growth of the market.
The latest research report titled “Global Patient Monitoring Devices Market “accounted to USD 19.9 billion in 2016 growing at a CAGR of 5.9% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Patient Monitoring Devices Market, By Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Ultiparameter, Remote, Weight, Temperature), End-User (Hospitals & Clinics, Home healthcare, Ambulatory Surgical Centers), by Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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Report Definition About Global Patient Monitoring Devices:
Patient monitoring devices are the devices used for continuous/semi-continuous measurement of patient’s physiological parameters such as heart rate, respiratory rate, blood pressure, core temperatures and pulse oximetry to accelerate and enhance the patient care decisions. These devices are of great significance in emergency and operating rooms, intensive and critical care units by reducing complications and risks in patient.
They are widely used in hospitals, clinics, home healthcare, and ambulatory surgical centers.
Major Market Drivers and Restraints Of Global Patient Monitoring Devices Market:
- Easy incorporation and increasing preference for home and remote monitoring
- Increase in prevalence of lifestyle diseases
- Rising disposable income and increasing healthcare expenditure
- Irregular reimbursement scenario
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Segmentation Of Global Patient Monitoring Devices Market:
By product, the market for patient monitoring devices market is segmented into blood glucose, EEG, ECG, capnography, spirometer, sleep apnea, pulse oximeter, fetal doppler, ultiparameter, remote, weight, temperature. On the basis of end-user, the patient monitoring devices market is segmented into hospitals & clinics, home healthcare, ambulatory surgical centers.
Segments On the basis of geography Of Global Patient Monitoring Devices Market:
patient monitoring devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
In 2017, North America is expected to dominate the market.
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Top Market Competitors For Global Patient Monitoring Devices Market:
Some of the major players operating in patient monitoring devices market are
- Abbott (U.S.),
- Hoffmann-La Roche Ltd (Switzerland),
- Siemens Healthcare GmbH (Germany),
- GE Healthcare (U.S.),
- Medtronic PLC (Ireland),
- Koninklijke Philips N.V. (The Netherlands),
- LifeWatch AG (Switzerland),
- Nihon Kohden Corporation (Japan),
- OMRON Corporation (Japan),
- Honeywell International Inc. (U.S.),
- Biotronik SE & CO. KG (Germany).
Competitive Analysis Of Global Patient Monitoring Devices Market:
The patient monitoring devices market report is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of patient monitoring devices market for Global, Europe, North America, Asia Pacific and South America.
This Reports Includes The Following Deliverable:
- Macro Indicator Analysis
- Market Overview
- Market Dynamics
- Drivers, Restraints, Opportunities and Challenges
- Market sizing and growth analysis
- Market forecasting to 2024
- Market Competitive Landscape
- Product Launches and Pipeline Analysis
- Value Chain Analysis
- Market Mergers, Acquisitions and Agreements
- Company Profiles
Our Report Consists Of:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
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