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Patient Monitoring Devices Market Growth and Business Opportunities for Manufacturers: Siemens AG, General Electric Company, Nihon Kohden, Omron Healthcare Inc., Abbott Laboratories Inc

12-28-2018 12:56 PM CET | Health & Medicine

Press release from: Crystal Market Research

Patient Monitoring Devices Market

Patient Monitoring Devices Market

Crystal Market Research has announced the addition of "Patient Monitoring Devices Market by Product - Global Industry Analysis and Forecast to 2025" Market Research report to their database.

Competitive Analysis

The key players operating in the global patient monitoring devices market focus on product development in order to introduce advanced monitoring products and secure a larger market share. For instance, in September 2016, Nihon Kohden, one of the leading providers of precision medical products and services, launched the advanced bedside monitor called BSM-3500. The monitor is specifically designed to meet the needs of specialty centers and ambulatory surgical centers and offers both premium and standard features. Such innovative product developments will drive this competitive market over the forecast period prompting market players to design and develop advanced monitoring solutions. Some of the major players operating in this market are, Siemens AG, General Electric Company, Nihon Kohden, Omron Healthcare, Inc., Abbott Laboratories Inc., F. Hoffmann-La Roche Ltd, Koninklijke Philips N.V., Medtronic plc, BIOTRONIK SE & Co. KG, Masimo Corporation, Johnson & Johnson Services, Inc., LifeWatch AG (acquired by BioTelemetry, Inc.) and Smiths Medical (a part of Smiths Group plc).

TOP MOST PLAYERS:

• Siemens AG

• General Electric Company

• Nihon Kohden

• Omron Healthcare, Inc.

• Abbott Laboratories Inc.

• F. Hoffmann-La Roche Ltd

• Koninklijke Philips N.V.

• Medtronic plc

• Masimo Corporation

• Johnson & Johnson Services, Inc.

• LifeWatch AG

• Smiths Medical

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Industry Trend Analysis

The global patient monitoring market is expected to be around $32 billion by 2025. Some of the major factors driving the market growth are, increasing prevalence of geriatric population around the world, rise in prevalence of different chronic diseases such as diabetes, stroke, cancer and heart diseases and development and innovation in technologically advanced patient monitoring devices. According to the 2015 World Aging Population report by the UN, between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion. This number is projected to rise up to 2.1 billion by 2050. With such significant rise in older population worldwide, the demand for advanced patient monitoring devices is set to rapidly increase over the forecast period. However, dearth of skilled and trained professionals to operate sophisticated monitoring devices is expected to hinder the market growth during the forecast period.

Market Classification

Patient Monitoring Devices Market, By Product

Cardiac Monitoring Devices
• Event Monitors
• Electrocardiogram (ECG) Devices
• Implantable Loop Recorders (ILR)
• Cardiac Output Monitoring (COM) Devices

Respiratory Monitoring Devices
• Sleep Apnea Monitoring Devices
• Anesthesia Monitors
• Capnographs
• Pulse Oximeters
• Spirometers

Neuromonitoring Devices
• Intracranial Pressure Monitors (ICP)
• Cerebral Oximeters
• Magnetoencephalography (MEG) Devices
• Electroencephalograph (EEG) Devices
• Transcranial Dopplers (TCD)

Temperature Monitoring Devices
Weight Monitoring Devices
Multiparameter Monitoring Devices

Fetal & Neonatal Monitoring Devices
• Fetal Doppler
• Electronic Fetal Monitoring devices (EFM)
• Ultrasound

Remote Patient Monitoring Devices

Hemodynamic Monitoring Devices
• Blood Glucose
• Blood Gas & Electrolyte Analyzers/Monitors
• Blood Pressure
• Cholesterol

Patient Monitoring Devices Market, By Region

• North America (U.S, Canada, Mexico)

• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)

• Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia Pacific)

• Rest of the World (Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others)

Regional Outlook and Trend Analysis

North America dominated the global patient monitoring devices market in 2016 by holding a major market share due to factors such as increasing geriatric population, rising incidence of lifestyle diseases and availability of advanced healthcare infrastructure in the region. Asia-Pacific patient monitoring devices market is expected to witness promising growth between 2017 and 2025 owing to the prevalence of unmet medical needs in the region and increasing awareness related to the advantages of patient monitoring devices. With increasing disposable income in countries such as China and India, the demand for patient monitoring devices is expected to significantly increase in coming years in the Asia-Pacific region.

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FEATURES OF THE REPORT:

1. The analysis of Patient Monitoring Devices market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

2. The key players in the market and their share in the global market are discussed.

3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

4. The Patient Monitoring Devices market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

Continued…

Table of Contents:-

1.Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2.Executive Summary
2.1.Key Highlights

3.Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Increasing Geriatric Population Worldwide
3.3.1.2.Technological Advancements in Patient Monitoring Devices
3.3.1.3.Rising Prevalence of Chronic Disorders
3.3.1.4.Increasing Preference towards Home Healthcare by Patient Community
3.3.2. Restraints
3.3.2.1.Dearth of Skilled Professionals to Operate Sophisticated Patient Monitoring Devices
3.3.3. Opportunities
3.3.3.1.Emerging Markets to Offer Lucrative Growth Opportunities

…CONTINUED FOR TOC

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About Crystal Market Research:-

Crystal Market Research helps various companies irrespective of big or small in growth financing, strategy to enter the market, market research, mergers and acquisitions, strategic consulting and capital investment. Our expertise and knowledge in materials, products and manufacturing industries have assisted our client base to make the appropriate equation for measurable lucrative results. Crystal Market Research’s regional and global market intelligence coverage comprises of industry segments such as chemicals and materials, pharmaceutical, food and beverages, technology and media, and consumer goods, amongst many others.

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United States
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