Patient Monitoring Devices Market Rising at +5.9% CAGR by 2024 with Abbott, Bayer, BIOTRONIK, Boston Scientific, B. Braun Group, General Electric Company, Siemens, Roche, Bionet, Briggs Healthcare, Fisher & Paykel Healthcare, Nihon Kohden, Danaher

Global Patient Monitoring Devices Market report studies the industry abilities for each geographical region based on the customer purchasing patterns, macroeconomic parameters, development rate, and market demand and supply states. The Patient Monitoring Devices Market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. The Global Patient Monitoring Devices Market report also contains the drivers and restrains for the market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.

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The 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.

Global Patient Monitoring Devices Market, By Devices (Hemodynamic Monitoring Devices, Neuromonitoring Devices, Cardiac Monitoring Devices, Fetal & Neonatal Monitoring Devices, Respiratory Monitoring Devices, Multi-Parameter Monitoring Devices, Remote Patient Monitoring Devices Market, Weight Monitoring Devices, Temperature Monitoring Devices), By End Users (Clinics, Hospitals), By Geography – Industry Trends and Forecast to 2024

Major Market Competitors: Global Patient Monitoring Devices Market

• Abbott
• Bayer AG
• Biotronik Se & Co. Kg
• Boston Scientific Corporation
• Braun Melsungen AG
• General Electric Company
• Siemens AG
• F. Hoffmann-La Roche AG
• Analog Devices, Inc.
• Bionet America, Inc.
• Briggs Healthcare
• Fisher & Paykel Healthcare Limited
• Fukuda Denshi
• Geratherm Medical AG
• Trividia Health, Inc.
• NIHON KOHDEN CORPORATION
• Nonin Medical Inc.
• Nova Biomedical
• OMRON Corporation
• Koninklijke Philips N.V.
• Pulse Metric, Inc.
• Danaher
• ResMed
• Rossmax International Ltd.
• Schiller
• SunTech Medical, Inc.
• Smiths Group plc.
• Uscom
• Hill-Rom and Zynex Medical
• Among others

Competitive Analysis:

The patient monitoring devices market 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.

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Report Segmentation:

The patient monitoring devices market is segmented by devices:

• Hemodynamic Monitoring Devices
• Neuromonitoring Devices
• Cardiac Monitoring Devices
• Fetal & Neonatal Monitoring Devices
• Respiratory Monitoring Devices
• Multi-Parameter Monitoring Devices
• Remote Patient Monitoring Devices Market
• Weight Monitoring Devices
• Temperature Monitoring Devices

Hemodynamic monitoring devices are further sub segmented into:

• Blood Pressure Monitors
• Blood Glucose Monitors
• Blood Gas
• Electrolyte Analyzers
• Cholesterol Analyzers

Neuromonitoring devices are further sub segmented into:

• Electroencephalograph (EEG)
• Transcranial Doppler (TCD)
• Magnetoencephalograph (MEG)
• Cerebral Oximeters
• Intracranial Pressure Monitors (ICP)

Cardiac Monitoring Devices are further sub segmented into:

• Electrocardiogram
• Event Monitors
• Implantable Loop Recorder (ILR)
• Cardiac Output Monitoring Devices

Electrocardiogram is further sub segmented into:

• Product Type
• Lead Type

By product the market is further sub segmented into:

• Resting Ecg
• Wired Holter Monitors
• Wireless Holter Monitors

Resting Ecg is further sub segmented into:

• Stress Ecg
• Holter Monitor

By lead type the market is segmented into:

• Single-Lead ECG Devices
• 3–6 Lead ECG Devices
• 12-Lead ECG Devices
• Others

Event monitors are further sub segmented by product type into:

• Pre-Symptom (Memory Loop)
• Post-Symptom Event Monitors

By technology into:

• Autodetect Monitors
• Manual Event Monitor

By end users the market is segmented into:

• Clinics
• Hospitals

On the basis of geography:

• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

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Market Definition:

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.

Major Market Drivers and Restraints:

• 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

Frequently Asked Questions:

- What will the market size be in 2024?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2024?
- Which strategies are used by top players in the Global Patient Monitoring Devices Market?

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