Press release
Global Market Survey Report Examines the “Patient Monitoring Devices Market” That Will Grow at a CAGR of 5.8% by 2024
The new report "Global Patient Monitoring Devices Market" accounted to USD 20.2 billion in 2016 growing at a CAGR of 5.8% during the forecast period of 2017 to 2024.The Global Patient Monitoring Devices Market, By Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Ultiparameter, Remote, Weight, Temperature), End-User (Hospitals & Clinics, Home healthcare, Ambulatory Surgical Centers), by Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
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Market Definition: Global Patient Monitoring Devices Market
Patient monitoring devices are the devices used for continuous/semi-continuous measurement of patient’s physiological parameters such as heart rate, respiratory rate, blood pressure, core temperatures and pulse oximetry to accelerate and enhance the patient care decisions. These devices are of great significance in emergency and operating rooms, intensive and critical care units by reducing complications and risks in patient. They are widely used in hospitals, clinics, home healthcare, and ambulatory surgical centers.
Major market drivers and restraints: Global Patient Monitoring Devices Market
• Easy incorporation and increasing preference for home and remote monitoring
• Increase in prevalence of lifestyle diseases
• Rising disposable income and increasing healthcare expenditure
• Irregular reimbursement scenario
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Market Segmentation: Global Patient Monitoring Devices Market
By product, the market for patient monitoring devices market is segmented into blood glucose, EEG, ECG, capnography, spirometer, sleep apnea, pulse oximeter, fetal doppler, ultiparameter, remote, weight, temperature. On the basis of end-user, the patient monitoring devices market is segmented into hospitals & clinics, home healthcare, ambulatory surgical centers.
On the basis of geography, patient monitoring devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis:
The patient monitoring devices market report is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of patient monitoring devices market for Global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Patient Monitoring Devices Market
Some of the major players operating in patient monitoring devices market are Abbott (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Siemens Healthcare GmbH (Germany), GE Healthcare (U.S.), Medtronic PLC (Ireland), Koninklijke Philips N.V. (The Netherlands), LifeWatch AG (Switzerland), Nihon Kohden Corporation (Japan), OMRON Corporation (Japan), Honeywell International Inc. (U.S.), Biotronik SE & CO. KG (Germany), among others.
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