What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skanray Technologies, Medion Healthcare, Siemens Healthineers, Nihon Kohden, GE Healthcare, Epsimed, OSI Systems, Sensata Technologies, Mindray, Hill-Rom Holdings and Medtronic
Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for tele health solutions due to efficient monitoring provided through wireless remote patient monitoring devices. Moreover, elderly people prefer therapies in homecare settings. Also, remote patient monitoring devices can monitor patients residing in rural areas with limited access to healthcare services. Aforementioned factors coupled with enhanced patient engagement through remote patient monitoring devices will increase its demand, thereby fueling segment growth over the forecast timeframe.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2203950?utm_source=Openpr.com&utm_medium=AN
Some of the notable industry players operational in the patient monitoring devices market are Fukuda, Philips, Skanray Technologies, Medion Healthcare, Siemens Healthineers, Nihon Kohden, GE Healthcare, Epsimed, OSI Systems, Sensata Technologies, Mindray, Hill-Rom Holdings and Medtronic. These key players adopt several strategic initiatives that help them in maintaining their market position.
Patient Monitoring Devices Market will exceed USD 27 billion by 2025; as per a new research report. Growing number hospital admissions due to increasing prevalence of chronic diseases will prove beneficial for patient monitoring devices market growth in coming years. Elderly people suffering from chronic diseases are admitted in hospitals for prolonged duration and require continuous monitoring on various parameters. Monitoring devices enable doctors to monitor multiple patients on numerous parameters through central surveillance systems. Thus, availability of efficient patient monitoring devices for managing patients? health escalates demand thereby fostering the patient monitoring devices market growth throughout forecast period.
Hospitals segment accounted for more than 41% revenue share in 2018 and it will witness substantial growth over the analysis period. Public hospitals in both developed and developing economies receive funds from government for installation of patient monitoring equipment. Government funds ensures availability of superior quality monitoring equipment in the public hospitals. Thus, government initiatives along with increasing number of hospital admissions should augment segmental growth in forthcoming years.
Europe patient monitoring devices market was valued around USD 5 billion in 2018 and will witness substantial growth in coming years. Increasing number of baby boomers susceptible to chronic diseases in Europe region will positively impact the demand for patient monitoring devices. Elderly population relies on telehealth services provided by remote patient monitors devices. Moreover, positive regulatory scenario the industry should escalate the regional growth in forthcoming years.
For instance, in May 2018, Skanray Technologies launched TruSKAN Series of multi parameter patient monitoring device. This devices has ability to monitor SpO2, NIBO, capnography, two-channel IBP, ECG, temperature, respiration and arrhythmia detection. Such product launches will help company to capture higher revenue share.
Technological advancements will positively impact the patient monitoring devices market growth over the analysis period. Automations in these devices and screen touch facility has escalated operational ease for physicians. Additionally, advent of portable monitoring devices has dramatically improved the care in remote areas. Technological advancements have further lowered the mortality rates in patients suffering from chronic diseases, thereby positively influencing the industry growth. However, high cost of patient monitoring devices may hinder industry growth to some extent.
Anesthesia monitor segment was valued around USD 1 billion in 2018 and it will witness lucrative growth in forthcoming future. Increasing surgical procedures across the globe will prove beneficial for the business growth. Anesthesia monitors are used during operations to track patient?s vital signs such as blood pressure, oxygen saturation and temperature. Additionally, anesthesia patient monitoring devices are installed in recovery room to monitor real time data of patients requiring critical care. Thus, increasing number of surgical procedures requiring critical monitoring of vital parameters will rise the demand for anesthesia monitoring devices thereby escalating the segment growth.
For More Details on this Report At: https://www.marketstudyreport.com/reports/patient-monitoring-devices-market?utm_source=Openpr.com&utm_medium=AN
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
Web site: https://www.marketstudyreport.com
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
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 What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skanray Technologies, Medion Healthcare, Siemens Healthineers, Nihon Kohden, GE Healthcare, Epsimed, OSI Systems, Sensata Technologies, Mindray, Hill-Rom Holdings and Medtronic here
News-ID: 2082167 • Views: 458
More Releases from marketstudyreport.com
Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides
What's driving the Quantum Cryptography Market growth? IBM, Infineon Technologie …
The quantum cryptography market is at a nascent stage with massive potential to break through the cybersecurity industry. The quantum cryptography market players are constantly engaging themselves in advancing their features intending to offer highly secured solutions to their clients. The global quantum cryptography market accounted for US$ 105.3 Mn in 2018 and is expected to grow at a CAGR of 39.2% over the forecast period 2019-2027, to account for
More Releases for Monitoring
Remote Crane Monitoring Solution
Vervetronics Remote Crane Monitoring Solution System is a comprehensive solution of iot Crane, Customised Crane System and Crane Tracking as per client's requirement. Providing Solution for Crane Preventive Maintenance and eot Crane Maintenance and providing expertise and the best monitoring solution to the client is the only thing we aim for. To achieve high productivity with low maintenance cost from complex machinery like cranes, they need to be continuously administered.
Workplace Environmental Monitoring Methods
TandD 3-in-1 Data Logger Measures Temp, Humidity, and CO2 CAS DataLoggers supplied the workplace environmental monitoring solution for a factory with a small series of office rooms experiencing serious air quality issues. Employees reported headaches during the work day, indicating a possible lack of adequate ventilation. These workspaces were located next to the busy factory floor and suffered from an incidental buildup of contaminants. Nominal CO2 values usually range within 600-800
Ambulatory Cardiac Monitoring Devices
Ambulatory Cardiac Monitoring Devices Market by Product (Ambulatory Rhythm Monitor, Ambulatory ECG Monitor, Ambulatory Cardiac Event Monitor, Implantable Loop Recorder, Ambulatory real-time Cardiac Monitors, Cardiac Output Monitors); by End-User (Hospitals, Ambulatory Care Centers); by Region (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America) –
Dam Monitoring During Construction
Intelligent Geo Data Logger Reads Vibrating Wire Sensors A hydroelectric dam under construction in Serbia required monitoring of several environmental and structural properties to guarantee long-term strength and stability. Therefore the dam’s construction engineers put forth a proposal for a large number of geotechnical sensors to be installed and used during construction. These sensors included vibrating wire piezometers, joint meters, fill extensometers, and strain gages. Each sensor needed to interface with
Fetal Monitoring Market
Fetal monitoring devices are used to monitor the heart rate and movement of the fetus and maternal contractions. In medical terms, fetal monitoring is imperative to constantly monitor health of the unborn baby and ensure a safe birth. Fetal monitoring measures the heart rate of the baby. Healthcare providers perform fetal monitoring during late pregnancy and labor, as that process is crucial for keeping the mother and the child safe
Real-time system monitoring
Oil condition sensors detect the condition of fluids in real time and allow oil changes when necessary The demand for effective solutions to monitor hydraulic and lubricant systems is constantly increasing. Oil condition – or the result of the natural aging of the substance, decomposition of additives and contamination by foreign particles – is therefore the significant factor in determining the optimal point in time for an oil change. Changing the