openPR Logo
Press release

Next Generation Patient Monitoring Devices Market Forecast And Growth 2017 to 2027

10-26-2018 03:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Next Generation Patient Monitoring Devices Market Forecast

The global next generation patient monitoring devices market is anticipated to experience an exponential rise in its demand in the years to come. These monitoring devices were developed to monitor patients who prefer staying away from hospitals or clinics. These also known to provide certain relief to hospitals which are getting busier these days due to rise in patients. These devices helps the doctor to stay in touch with the patients. Moreover, in order to improve efficiency and to deliver better service by a hospital, uptake of these next generation patient monitoring devices is surging.

Request Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=567

Factors such as reduced adverse events, improving patient’s outcomes, lesser hospital stays, and helping hospitals to improve their efficiency are bolstering the growth of the market. These devices are also known to reduce the healthcare costs which is attracting the middle class thus adding more fuel to the growth of the market. However, budget and financial constraints accompanied with absence of advanced medical team in various developing and under developed countries are deterring the growth of the market. Strict rules and regulatory approvals by various countries is predicted to pull down the growth of the market. Global next generation patient monitoring devices requires a high level of maintenance which some hospitals fails to meet, thus restricting the growth of the market.

Next generation patient monitoring devices are designed for enhancing patient care and improving clinical performance. The integration of IT in the healthcare system helps in the regular monitoring, timely capturing patient data, storing real time records and thus improving patient care. Hospitals are getting more busier these days and number of patients continuously increasing which generated the need of next generation patient monitoring devices in the hospital environment. Furthermore, in order to improve efficiency, better resource utilization and maintaining their level of service, adoption of these next generation patient monitoring devices is increasing. These devices are able to provide constant and real time physiological and allied data such as heart activity, body temperature, blood pressure, pulse rate and other clinical conditions with wireless connectivity as to monitor patients better, more closely and efficiently.

The remote monitoring technology in the next generation patient monitoring devices provides access to broader geographical areas including less served regions which reduces the cost of treatment and time of travel. The next generation patient monitoring devices are comprised of a wearable component which includes the devices with sensors and a non-wearable component which includes monitoring devices. These devices are linked through wireless networks and analytical algorithms to both the ends.

Next Generation Patient Monitoring Devices Market: Drivers & Restraints

Several advantages of next generation patient monitoring devices in assisting patient care such as reduced adverse events, improving hospital efficiency, improving patient outcomes, real time data monitoring and storage, lesser hospital stays etc. supports the adoption and market growth of these devices. The next generation patient monitoring devices also has the potential of minimizing the healthcare costs which further fuels their adoption in hospital settings. Several factors such as hospital’s financial & budget constraints, lack of advanced medical facilities, lack of trained professionals in various developing as well as under-developed nations restricts the market growth for these next generation patient monitoring devices. Furthermore, stringent regulatory approvals in several countries slows down the product commercialization which also limits the market growth. Insufficiency in maintaining the privacy and security of the stored data and lack of uniformity in device functionality are some other challenges which restricts the market growth for these next generation patient monitoring devices.

Request for Brochure @ https://www.factmr.com/connectus/sample?flag=B&rep_id=567

Next Generation Patient Monitoring Devices Market: Overview

Companies involved in the Next Generation Patient Monitoring Devices services market are involved in continuous advancement of their manufacturing technologies to develop innovative solution with focus on more precise and low cost devices. These manufacturers are collaborating with healthcare professionals and organizations for network building and increasing sales. The demand of next generation patient monitoring devices in anticipated to increase with the rise in incidences of chronic diseases, increasing aging population and improving healthcare facilities.

Next Generation Patient Monitoring Devices Market: Region-wise Outlook

Geographically, North America leads the market for Next Generation Patient Monitoring Devices services owing to the advanced healthcare infrastructure and the intensity of market players in the region. This is followed by the Western Europe countries due to more focus on patient care and thus a good rate of adoption. APEJ represents a significant growth rate for the next generation patient monitoring device over the forecast period owing to the rise in chronic disease and improvement in healthcare facilities. Japan also have a significant market share owing to the high number of geriatric population as well as available government support. Eastern Europe does not represent a significant growth rate owing to the less developed healthcare infrastructure. Latin America followed by Middle East & Africa represents the least market share as well as growth rate in the next generation patient monitoring devices over the forecast period but represents a significant market opportunity for the market players to invest in the region.

Request TOC of this Report @ https://www.factmr.com/connectus/sample?flag=T&rep_id=567

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact us

Fact.MR

353-1-6111-593

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Email: sales@factmr.com

Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Next Generation Patient Monitoring Devices Market Forecast And Growth 2017 to 2027 here

News-ID: 1332319 • Views:

More Releases from Fact.MR

Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Key Players: iRobot Corporation, Neato Robotics, Inc., Yujin Robot, Co., Ltd., and Dyson Inc
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
08-29-2025 | Health & Medicine
Fact.MR
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2034 | Key Players: Johnson & Johnson Services Inc; Teva Pharmaceutical Industries Ltd.; Sun Pharmaceutical Industries Ltd.; Takeda Pharmaceutical Company Limited
08-29-2025 | Health & Medicine
Fact.MR
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance

All 5 Releases


More Releases for Generation

Digital Services for Lead Generation | Local Lead Generation Websites | Lead Gen …
Lead Generation consists of attracting and renovating target audiences that have shown interest in your product or services. The objective is to guide prospects through the purchaser’s journey to the end of the sales funnel. Content is one of the leading tools B2B marketers utilize to create leads. This may comprise of social media posts, blog posts, coupons and live events. You utilize the forms to capture leads that employ
Digital Services for Lead Generation, Local Lead Generation Websites
Businesses these days are reliant on lead generation to advertise their service before the consumers to get more business and endure in bullish market. The Lead generation service is an unceasing effort to attract and change the target audience’s mind towards the business offering. It is an act of completely compelling the consumer to purchase the business services. It will boost brand image and outcome in good sales for the
Digital Services for Lead Generation, Lead Generation Platforms: Ken Research
The Lead generation is the practice of gaining fresh leads for your business. It is cultivating the interest of a person in your product or service so much that they distribute you with their contact specifics. It is the start of the technique which leads to a prospective customer turning into a purchaser. And then perchance buying from your business. Your business should then be nurturing such leads that you
Digital Services for Lead Generation | Lead Generation Platforms: Ken Research
There are several channels and marketing tools for the digital marketers to utilize to get customers to notice their brand. If your business functions appropriate when in direct communication with the customers over the phone, the lead generation marketing can provide a number of benefits. The lead generation marketing is about motivating the interest of customers in a product or service and capturing that interest by obtaining those customers to
Local Lead Generation Websites | Best Companies for Online Lead Generation | Lea …
The Lead Generation is a foremost marketing procedure that comprise finding people who would be interested in purchasing your product and/or services. It comprises collecting contact details of the interested impending buyers/consumers in exchange for something that is of worth to them - for e.g educational, collateral, research content or a free trial of a product. This is a foremost activity to build a sales pipeline. The Lead Generation is
lead generation company | Best Lead Generation Company in India | Online Lead Ge …
Lead Generation: The Lead generation firms supply your corporate with the hot leads you necessary to acquire fresh clients, while releasing up your time to spend on other responsibilities, like product improvement or quality declaration. Contrariwise, you could double down on fresh leads, hammering up business in tandem with leads delivered by the generation firms. The Business enlargement is openly correlated with finding fresh clients and making them happy, and