Press release
Cardiac Output Monitoring Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
About Cardiac Output Monitoring Devices Market
Cardiac output is known as the volume of blood is pumped by from the right or left ventricle of heart per minute and which is dependent on heart rate, and stroke volume. The cardiac output increases during acute exercise and mental stress, while decreased cardiac output might include physical exercise of a intensity that the patient is not able to bear because of decrease in oxygen supply, obesity, ingestion of large meals that place an added workload on the heart, retention of fluid, emotional stress, hypervolemia, and smoking. It is essential to assess the state of patient’s blood circulation. Low cardiac output usually leads to a common problem of low blood pressure which might surface occur during surgery, or during postoperative care in the intensive care units.
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In high-risk surgical patients and critically ill patients the arterial blood pressure and cardiac output usually are monitored more comprehensively. Cardiac output monitoring devices are used to know the cardiac output of heart and arterial oxygen content which enable the circulation of continuous systemic oxygen supply to the body. Doubling the cardiac output leads to double amount of the oxygen supply to the tissues, while the low cardiac output leads to inadequate supply of oxygen to organs like brain and the low amount of cellular oxygenation can cause tissue and organ failure. The major observed causative factors for the decrease cardiac output are congenital heart defects, pathologic changes in the heart's muscle, blood dyscrasias, chronic pulmonary disease and electrolyte imbalances (as of potassium or calcium). According to North American Nursing Diagnosis Association, decreased cardiac output is defined as a state in which inadequate blood is pumped by the heart to meet the metabolic demands of the body. Cardiac output monitoring devices market is classified on the basis of product type, methods, end-user and geography.
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On the basis of product type the market is broadly classified into invasive, minimally-invasive and non-invasive cardiac output monitoring devices. The invasive cardiac output monitoring has been traditionally accomplished using the pulmonary artery catheter (PAC), but complications associated with PAC has markedly decreased the widespread use of the PAC. The market demand for the non- invasive devices is high followed by minimally invasive devices as compare to invasive devices, due to factors such as ease, accessibility and cost- effectiveness and fast response time. By methods the market is segmented as thermodilution method, pulse pressure analysis, Doppler method, bioimpedance and applied Fick principle. Each methods has its own merits and demerits. On the basis of end-user the market is segmented as hospitals, ambulatory care and critical care centers. By end-user hospitals covers the major market for cardiac output monitoring devices, because of reliability and conjunction of other therapeutic treatments. The factors such as raising incidences of cardiovascular diseases, increase in the number of people suffering from obesity, growing ageing population, and raising healthcare infrastructure facilities are the growth drivers of this market.
By geography, the market can be segmented into North America, Europe, Asia Pacific, and Rest of the world. Geographically, North America was observed to have the major share of cardiac output monitoring device market due to high healthcare awareness, prevalence of cardiovascular diseases and technological advancement in the region. Europe contributes to the second largest share in the cardiac output monitoring device market growth with raising ageing population. However, Asia Pacific region is expected to be the fastest growing due to the gradual adoption of improved technologies, emerging health care infrastructures, and raising population with cardiac problems and obesity. Followed by Rest of the world.
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The major key players operating in cardiac output monitoring device market include Edwards Lifesciences Corporation, Cheetah Medical, PULSION Medical Systems SE, Philips Healthcare, LiDCO Group plc, Boston Scientific Corporation, GE Healthcare, and others. Bioreactance-based NICOM Cheetah Medical remains the topmost non-invasive market leader.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.
TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place. All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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