Press release
Patient Monitoring Devices Market Size (USD 44.86 billion by 2027) Achieves Record-breaking Growth in Meeting Healthcare Requirements
Patient monitoring systems are used to measure, record, distribute and display combinations of biometric values such as heart rate, blood oxygen saturation levels (SPO2), blood pressure, and temperature. They are used for monitoring patients regularly, which can help avoid serious problems. Furthermore, according to the IHS (Information Handling Services), more than four million patients are expected to monitor their health conditions remotely by 2020. This is a 34% increase in remote patient monitoring (RPM). Moreover, technological giants such as Google, Apple, and Amazon are tapping into the RPM market; which leads to drastic changes in healthcare.Allied Market Research published a report, titled, "Patient Monitoring Devices Market by Product (Hemodynamic, Neuromonitoring, Cardiac, Fetal & Neonatal, Respiratory, Multiparameter, Remote Patient, Weight, Temperature, and Urine Output Monitoring Devices), and End User (Hospitals & Clinics, Home Settings, and Ambulatory Surgical Centers): Global Opportunity Analysis and Industry Forecast, 2022 - 2028."According to the report, the global Patient Monitoring Devices Market Size is Anticipated to Hit USD 44.86 billion by 2027, registering a CAGR of 4.4% during the Period.
๐๐๐๐๐-๐๐ ๐ฌ๐๐๐ง๐๐ซ๐ข๐จ-
โข Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have significantly impacted the global market. There have been postponements of surgeries due to the pandemic and accordingly, the market has experienced a sharp decline in the manufacturing of patient monitoring devices.
โข However, increase in demand for remote monitoring devices for patients has portrayed a positive graph for market. Also, several government bodies are easing up on the current rules & protocols and the market is expected to retrieve its position soon.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/1663
๐๐ข๐ฌ๐ ๐ข๐ง ๐ง๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐ก๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ๐ฌ, ๐ฌ๐ฎ๐ซ๐ ๐ ๐ข๐ง ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ซ๐จ๐จ๐ฆ (๐๐) ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ, ๐๐ง๐ ๐ข๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐ฉ๐๐ญ๐ข๐๐ง๐ญ ๐ฉ๐ซ๐๐๐๐ซ๐๐ง๐๐ ๐๐จ๐ซ ๐ฆ๐ข๐ง๐ข๐ฆ๐๐ฅ๐ฅ๐ฒ ๐ข๐ง๐ฏ๐๐ฌ๐ข๐ฏ๐ ๐ฌ๐ฎ๐ซ๐ ๐๐ซ๐ข๐๐ฌ ๐๐ซ๐ข๐ฏ๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐จ๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ซ๐จ๐จ๐ฆ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ. ๐๐จ๐ฐ๐๐ฏ๐๐ซ, ๐ก๐ข๐ ๐ก ๐๐จ๐ฌ๐ญ๐ฌ ๐๐ฌ๐ฌ๐จ๐๐ข๐๐ญ๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐ฎ๐ง๐๐๐ฏ๐จ๐ซ๐๐๐ฅ๐ ๐ก๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐ซ๐๐๐จ๐ซ๐ฆ๐ฌ ๐ข๐ง ๐ฌ๐จ๐ฆ๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐ก๐ข๐ง๐๐๐ซ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก. ๐๐ง ๐ญ๐ก๐ ๐จ๐ญ๐ก๐๐ซ ๐ก๐๐ง๐, ๐ซ๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐ฉ๐ฉ๐ซ๐จ๐ฏ๐๐ฅ๐ฌ ๐๐จ๐ซ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐ ๐ฎ๐ง๐ญ๐๐ฉ๐ฉ๐๐ ๐ฉ๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐ข๐ง ๐๐ฆ๐๐ซ๐ ๐ข๐ง๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ข๐๐ฌ ๐๐ซ๐๐๐ญ๐ ๐ง๐๐ฐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฆ๐ข๐ง๐ ๐ฒ๐๐๐ซ๐ฌ.
๐๐จ๐ฉ ๐๐๐ญ๐ข๐๐ง๐ญ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข Biotronik
โข F. Hoffmann-La Roche Ltd.
โข Omron Healthcare Co. Ltd.
โข GE Healthcare Ltd.
โข Medtronic, Inc.
โข Masimo Corporation
โข Koninklijke Philips N.V.
โข Abbott Laboratories
โข Nihon Kohden Corporation
โข Johnson & Johnson
๐๐๐ญ๐ข๐๐ง๐ญ ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: -
Based on imaging technique, the cardiac monitoring devices segment contributed to more than one-fourth of the global patient monitoring devices market revenue in 2019 and is expected to rule the roost by the end of 2027. Rise in prevalence of cardiovascular diseases fuel the segment growth. The remote patient monitoring devices segment, on the other hand, would register the fastest CAGR of 6.3% throughout the forecast period, owing to the surge in demand for remote patient monitoring devices during the COVID-19 pandemic.
Based on end-user, the hospitals segment accounted for around half of the global patient monitoring devices market share in 2019 and is anticipated to rule the roost till 2027, owing to significant usage of patient monitoring devices in the hospitals for monitoring patients of different disorders. At the same time, the home setting segment, would grow at the fastest CAGR of 5.0% during the study period.
Based on geography, North America held the highest share in 2019, generating more than two-fifths of the global patient monitoring devices market. This is attributed to the huge availability of patient monitoring devices in this region. Simultaneously, the Asia-Pacific region would portray the fastest CAGR of 5.5% from 2019 to 2027. This is due to rise in the geriatric population and increase in the purchasing power of populous countries such as China and Japan.
Purchase the Report: https://www.alliedmarketresearch.com/purchase-enquiry/1663
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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