Press release
Patient Monitoring Devices Market Growing Rapidly Huge Growth by 2031- Abbott Laboratories, Roche Diagnostics, Siemens Healthcare, GE Healthcare
Patient Monitoring Equipments Market size was valued at US$ YY million in 2021 and is estimated to reach US$ YY million by 2031, growing at a high CAGR during the forecast period (2024-2031).Patient monitoring equipment continuously tracks vital signs like heart rate, respiratory rate, blood pressure, and pulse, using warning systems to detect changes in patient health. These devices provide real-time data, enabling healthcare providers to make informed clinical decisions and ensure quality care.
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Market Trends:
Advancements in patient monitoring technology are driving global market growth. Startups like Kura Care (U.S.) and Evitalz (India) have developed AI-based platforms and IoT-enabled devices to track patient vitals and share data with healthcare providers. Singapore's SmartPeep uses AI to monitor patient falls, improving care efficiency, while Switzerland's Medisanté offers secure IoT infrastructure for recording health data without Bluetooth or Wi-Fi.
Segment Covered in the Mammography Detectors Market:
By Type: Hemodynamic Monitoring Devices, Neuromonitoring Devices, Fetal and Neonatal Monitoring Devices, Respiratory Monitoring Devices, Multi-Parameter Monitoring Devices
By End User: Hospitals and Clinics, Ambulatory Surgical Centers (ASCs), Assisted Living Centers & Nursing Homes, Homecare, Others
Regional Analysis:
The global Patient Monitoring Equipments Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Patient Monitoring Equipments Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Patient Monitoring Equipments Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Major Key Players
• Medtronic, Plc
• Abbott Laboratories
• Roche Diagnostics
• Siemens Healthcare
• GE Healthcare
• Philips Healthcare
• LifeWatch AG
• Nihon Kohden Corporation
• Omron Corporation
• Honeywell International, Inc.
Product Portfolio:
Medtronic plc's patient monitoring product portfolio includes the Nellcor, a portable, handheld SpO2 monitor suitable for spot-checks or continuous monitoring in healthcare and home settings. It also features the Bispectral Index (BIS) Monitoring System, which non-invasively analyzes brain wave activity to help clinicians optimize patient care during induction, maintenance, and emergence by assessing the effects of analgesic agents.
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