Hemodynamic Monitoring Systems Market to 2023 - Key Players, Growth Forecast, Top Trends and Overview

Top companies in hemodynamic monitoring systems market are Edwards Lifesciences Corporation (US), PULSION Medical Systems SE (Germany), LiDCO Group plc (UK), Cheetah Medical (Israel), Deltex Medical Group Plc. (UK), ICU Medical (US), Osypka Medical GmbH (Germany), CareTaker Medical (US), CNSystems (Austria), NI Medical (Israel), and Uscom (Australia).

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The global hemodynamic monitoring systems market is expected to reach USD 1,167.4 million by 2023 from USD 857.8 million in 2018, at a CAGR of 6.4% during the forecast period. Technological advancements in hemodynamic monitoring systems, increasing research into hemodynamic monitoring systems, influx of VC funding, rising prevalence of cardiovascular diseases & diabetes.

Executive Summary

Premium Insights
4.1 Hemodynamic Monitoring Systems Market Overview
4.2 Asia Pacific: Hemodynamic Monitoring Systems Market, By Country and End User
4.3 Geographic Snapshot: Global Hemodynamic Monitoring Systems Market
4.4 Global Hemodynamic Monitoring Systems Market, By Type (2018 vs 2023)

Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Technological Advancements in Hemodynamic Monitoring Systems
5.3.1.1 Microelectromechanical Systems (MEMS)
5.3.1.2 Hypotension Prediction Index (HPI) Software
5.3.2 Increasing Research Into Hemodynamic Monitoring Systems
5.3.3 Influx of VC Funding
5.3.4 Rising Prevalence of Cardiovascular Diseases and Diabetes
5.3.5 Rising Geriatric Population and Growing Number of Surgeries
5.3.6 Awareness Initiatives By Industry Players
5.3.7 Government Focus on Critical Care Infrastructure and Services
5.4 Restraints
5.4.1 Risks Associated With Invasive Hemodynamic Monitoring
5.5 Opportunities
5.5.1 Emerging Markets
5.5.2 Growing Demand for Patient Monitoring Devices in Non-Hospital Settings
5.6 Challenges
5.6.1 Increasing Pricing Pressure on Market Players
5.6.2 Limited Patient Awareness Related to Disease Diagnosis
5.6.3 Dearth of Skilled Professionals

The growth of Hemodynamic Monitoring Systems market is primarily driven by factors such as the technological advancements in hemodynamic monitoring systems, increasing research into hemodynamic monitoring systems, influx of VC funding, and the rising prevalence of cardiovascular diseases & diabetes.

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Hemodynamic monitoring systems based on product can be segmented into hemodynamic monitoring systems, disposables, and services. Hemodynamic monitoring systems include pulmonary artery catheters, cardiac output monitoring system, and others. The disposables segment dominates the hemodynamic monitoring systems market owing to its wide usage in casualty rooms and critical care units in hospitals. The disposables segment can be further bifurcated into airflow sensors, circuits, and probes.

Rising geriatric population along with increasing investments for providing required healthcare facilities to the elderly will boost hemodynamic monitoring systems market growth. Favorable reimbursement policies in industrialized economies will push the market growth. However, adverse reactions, such as bleeding, thrombosis, pulmonary capillary necrosis, sepsis, and hemorrhage, associated with invasive hemodynamic monitoring will hinder the invasive hemodynamic monitoring market size.

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Asia Pacific is expected to witness the highest growth from 2018 to 2023. This high growth rate is attributed to Japan’s growing healthcare industry; extensive government reimbursement coverage for critical cardiac procedures; improving healthcare infrastructure in India and China; high diabetes prevalence in Vietnam, Singapore, Malaysia, China, and India; and government initiatives in Australia and Singapore.
Break of primary participants was as mentioned below:
• By Company Type – Tier 1–55%, Tier 2–25% and Tier 3–20%
• By Designation– C-level–43%, Director Level–32%, Others–25%
• By Region – Europe–38%, North America–23%, Asia Pacific–29%, RoW–10%

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