Global Patient Monitoring Devices Market to Progress at a CAGR of 8.20% by 2028 | DelveInsight | Key Companies - Medtronic plc, GE Healthcare, Philips Healthcare, Abbott Laboratories, Siemens Healthineers, Nihon Kohden Corporation

As per DelveInsight's assessment, the Patient Monitoring Devices Market is expected to grow at an immense pace in the coming years owing to the The increasing prevalence of pandemic such as COVID-19, Pre- and post-operation and some few of the other applications where Patient Monitoring Devices have been used, which is expected to drive the demand for Patient Monitoring Devices in the upcoming years.

DelveInsight's "Patient Monitoring Devices Market" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Patient Monitoring Devices companies actively working in the market.
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Patient Monitoring Devices
Systems for continuously monitoring patients' vital signs and warning mechanisms to identify and document changes in their wellness are known as patient monitoring systems.

DelveInsight Patient Monitoring Devices Market Analysis: The Global Patient Monitoring Devices market size was valued approximately USD 35 Billion in 2021 and is anticipated to reach USD 56 Billion by 2028 with a CAGR of 8.20% during the forecasted period (2023-2028)

Patient Monitoring Devices Market Insights
Geographically, North America is anticipated to account for a sizable portion of the global market for patient monitoring devices. This dominance is caused by the rise in the prevalence of various chronic disorders and disorders linked to lifestyles, as well as the rising use of products based on advanced technology. Additionally, the market is expected to be supported by a number of government initiatives, including remote patient monitoring and programmes to support patient monitoring, which have been launched in the region.

To know more about why North America is leading the market growth in the Patient Monitoring Devices market, get a snapshot of the report Patient Monitoring Devices Market Trends
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Recent Developments in the Patient Monitoring Devices Market Report
• On November 01, The Dual SET® Pulse Oximetry for Root®, a highly adaptable patient monitoring and networking hub, was introduced by Masimo in 2021. With the CE marking and European availability of the Masimo SET® MOC-9® module and the integration of the EveTM CCHD Newborn Screening Application for Root, the first application of Dual SET® Oximetry represents a significant leap to Masimo SET®-guided critical congenital heart disease (CCHD) screening. Using Dual SET® Oximetry, this combination system improves the automation of newborn screenings
• On July 27, 2021, The Dexcom G6 Continuous Glucose Monitoring (CGM) System, made by Dexcom, Inc., was introduced by Terumo in Japan
• On March 09, 2021, The FDA has approved Brain Scientific's Next-Gen NeuroCapTM EEG headset
• Thus, owing to such developments in the market, rapid growth will be observed in the Patient Monitoring Devices market during the forecast period

To read more about the latest highlights related to Patient Monitoring Devices, get a snapshot of the key highlights entailed in the Patient Monitoring Devices
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Key Patient Monitoring Devices companies in the Market
Some of the key market players operating in the Patient Monitoring Devices market include- Medtronic plc, GE Healthcare, Philips Healthcare, Abbott Laboratories, Siemens Healthineers, Nihon Kohden Corporation, Masimo Corporation, Omron Healthcare Co., Ltd., Smiths Medical, Hillrom, Welch Allyn, Inc., Natus Medical Incorporated, Mindray Medical International Limited, Nonin Medical, Inc., Spacelabs Healthcare, and Many Others

COVID-19 Impact Analysis on the Patient Monitoring Devices Market
The market for patient monitoring devices has profited, it has been noted, from the COVID-19 pandemic. This is due to the fact that the pandemic outbreak restricted the movement of many people, particularly the elderly population suffering from various chronic disorders, to hospitals or clinics for standard routine check-ups to stop the spread of the infection, which raised the demand for remote patient monitoring devices, a subset of patient monitoring devices. The players have also transferred their manufacturing capability to create a variety of tools and programmes that might enable remote patient monitoring among COVID-19 patients.
Additionally, A potential element in the expansion of the cardiac monitoring segment in patient monitoring devices is the increase in the approval of various products connected to cardiac monitoring. For instance, the LINQ IITM insertable cardiac monitor (ICM) with remote programming, which enables clinicians to optimise device settings without the need for patients to return to the office or hospital, was approved by the CE (Conformité Européenne) Mark and the US Food and Drug Administration (FDA) in July 2020. So, during the projected period, the market for Patient Monitoring Devices is anticipated to continue expanding (2023-2028).

Scope of the Patient Monitoring Devices Market Report
• Coverage: Global
• Study Period: 2019-2028
• Patient Monitoring Devices Market Segmentation By Type OF Devices: Neuromonitoring Devices, Cardiac Monitoring Devices, Respiratory Monitoring Devices, Hemodynamic Monitoring Devices, Blood Glucose Monitoring Systems, and Others
• Patient Monitoring Devices Market Segmentation Application Type: Cardiology, Neurology, Respiratory, and Others
• Patient Monitoring Devices Market Segmentation By End-User: Hospitals & Clinics, Ambulatory Surgical Centers, Homecare Settings, and Others
• Patient Monitoring Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Patient Monitoring Devices Companies: Medtronic plc, GE Healthcare, Philips Healthcare, Abbott Laboratories, Siemens Healthineers, Nihon Kohden Corporation, Masimo Corporation, Omron Healthcare Co., Ltd., Smiths Medical, Hillrom, Welch Allyn, Inc., Natus Medical Incorporated, Mindray Medical International Limited, Nonin Medical, Inc., Spacelabs Healthcare, and Many Others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

Which MedTech key players in the Patient Monitoring Devices market are set to emerge as the trendsetter explore @ Patient Monitoring Devices
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Table of Contents
1 Patient Monitoring Devices Market Report Introduction
2 Patient Monitoring Devices Market Executive summary
3 Regulatory and Patent Analysis
4 Patient Monitoring Devices Market Key Factors Analysis
5 Porter's Five Forces Analysis
6 COVID-19 Impact Analysis on Patient Monitoring Devices Market
7 Patient Monitoring Devices Market Layout
8 Global Company Share Analysis - Key 3-5 Companies
9 Company and Product Profiles
10 Project Approach
11. About DelveInsight
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