Press release
Patient Monitoring Device/System/Equipment Market Is Rising At A CAGR Of 6.5% From 2018 – 2025: Onduo LLC., Medtronic, GENERAL ELECTRIC COMPANY, Abbott, OMRON Corporation, Honeywell International Inc., Masimo, Johnson & Johnson Services
Patient Monitoring Device/System/Equipment Market report has been prepared based on detailed market analysis with inputs from industry experts. It is very important to know all market definition, classifications, segments, applications, engagements and market trends to know how the Patient Monitoring Device/System/Equipment Market is going to perform in the Forecast years 2018-2025.This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame. The report also consists of the all the market drivers and restrains which are derived from SWOT analysis while also giving all the CAGR projections for the historic year 2016 base year 2017 and forecast period of 2018-2025.
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Key Market Competitors: Global Patient Monitoring Device/System/Equipment Market
BioTelemetry Inc.,
Onduo LLC.,
Medtronic,
Compumedics Limited,
NIHON KOHDEN CORPORATION,
Natus Medical Incorporated,
GENERAL ELECTRIC COMPANY,
Koninklijke Philips N.V.,
Abbott,
F. Hoffmann-La Roche Ltd,
Siemens Healthcare GmbH,
OMRON Corporation,
Honeywell International Inc.,
Masimo,
Johnson & Johnson Services Inc.,
Care Innovations LLC.,
Smiths Group plc,
Drägerwerk AG & Co. KGaA,
SunTech Medical Inc.,
Shenzhen Mindray Bio-Medical Electronics Co. Ltd.,
CONTEC MEDICAL SYSTEMS CO. LTD.
Competitive Analysis: Global Patient Monitoring Device/System/Equipment Market
The global patient monitoring device/system/equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Patient Monitoring Device/System/Equipment Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Patient Monitoring devices continue their upward trend due to the rising preference of home cares, and remote monitoring. This trend will help establish the global patient monitoring device/system/equipment market with a CAGR of 6.5% in the forecast period of 2018-2025, where it will rise from its initial estimated value of USD 17.37 billion in 2017 to USD 28.74 billion in 2025.
Global Patient Monitoring Device/System/Equipment Market, By Product (Cardiac Monitoring Devices, Neuromonitoring Devices, Respiratory Monitoring Devices, Multi-parameter Monitoring Devices, Fetal Monitoring Devices, Neonatal Monitoring Devices, Hemodynamic Monitoring Devices, Temperature Monitoring Devices, Weight Monitoring Devices), End-User (Hospitals, Clinics, Ambulatory Care, Home Cares),Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends & Forecast to 2025
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Patient monitoring device/system/equipment are those devices that are used to monitor or diagnose the patient’s conditions and symptoms wirelessly or wired. These devices help monitor the condition remotely and help in keeping the patients status monitored continuously.
These devices are a crucial part of healthcare infrastructure as they help monitor the patients’ status and measure the conditions severity.
The market has developed and advanced over the recent years and the patients can be monitored online and their reports are available remotely.
Asia-Pacific region is set to witness the highest growth rate of all the regions in the forecast period, whereas North America holds the highest market share.
Market Drivers:
These devices help steadily monitor the patients’ health and helps identify the severity of the disease
Growing preference given to home care is also driving this industry due to the demand for remote monitoring devices required for proper home care
Key Insights in the report:
The key market players are analyzed and their effects on the market is also observed
Market analysis is conducted for the forecast period of 2018 to 2025, and the market segmentations are observed during that period
The market drivers and restraints have been clearly analyzed for the effect that they have over the market in the forecast period of 2018 to 2025
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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