Non-Invasive Monitoring Device Market 2018 Top Player - Vaso Medical, GE Healthcare, Siemens, Abbott, Nemaura and More

Global Non-Invasive Monitoring Device Market will grow steady at the CAGR of 7% during the forecasted period of 2017-2023. The technological advancement and automation is driving the market’s growth.

Noninvasive monitoring devices are used in hospitals, clinics, research laboratories for monitoring patients’ health. These devices helps doctor to understand condition of patients. These are used to monitor patient’s glucose level, heartbeat, blood pressure and many other things as well. Diagnosis of diseases are also done through these devices.

The automation in other non-invasive medical device do have automation techniques. Innovations are growing in the healthcare filed. This technology has made work easy for users like doctors of these medical devices. Big players are continuously spending great amount of time and more money for innovations of medical devices and to improve healthcare facilities. Not only companies but governments of different countries are also helping these companies to increase the research and development related to healthcare services and facilities.

Global Non-Invasive Medical Devices Market Players

There are many players operating in the non-invasive monitoring device market. Some of them are Vaso Medical (USA), Tensys Medical Inc. (Netherlands), OrSense Ltd. (Israel), NIMD (Israel), Glucowise (UK), CNSystems Medizintechnik AG (Austria), RSP systems A/S (Denmark) GE Healthcare (UK), Siemens (Germany), Abbott (USA), Nemaura (UK) and Integrity (Israel).

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Netherlands Institute for Multiparty Democracy (NIMD), a non-invasive medical device company has been chosen to be one of the top 50 startup companies that has presented CODE_n in Germany in 2016. This company is based in Israel and is carrying out research and development of medical device for treating cancer. The device of CODE_n contest finalist is design in such a way that it can heat and kill cancer tumors. The tumor will be treated at low microwave powers and at high precision without causing damage to surrounding tissues.

Siemens, this company has planned to acquire the Medical Corporation which is headquartered in San Francisco to expand their health management offerings. Clinical support, imaging workflow and management referrals will be provided by company. Moreover the company has innovated product for cardiology known as syngo DynaCT Cardiac that has application for the workflow of complex cardiac interventions.

Nemaura, the company has signed a letter with Shenzen CAS Health Corp. has joint venture for manufacturing their product for sugarBEAT system. The product is noninvasive glucose monitoring skin patch. The company has succeeded in the completion of the second generation sugarBEAT system. The company has announced latest version of the sugarBEAT system that has improved sensors for glucose detection.

Integrity, this company has device for diabetes type 2 patients that can detect blood glucose level without taking blood sample. The device is known as glucose track and can be attached to earlobe which will detect the sugar level with the help of patented combination of ultrasonic, electromagnetic and thermal technologies. The sales of this device has started in parts of Europe, South America, Australia and New Zealand since 2016, after the latest version of this device won regulatory approval in Europe and in South Korea. Integrity is soon to begin clinical trials of GlucoTrack Model DF-F in United States, which is requires US Food and Drug Administration (FDA) approval, and is working toward approval in China.

Taste the market data and market information presented in more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Non-Invasive Medical Devices Market” Research Report – Forecast to 2023.

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Regional analysis:

The non-invasive monitoring device market is segmented into four main geographic regions which includes Americas, Europe, Asia-Pacific, and Middle East and Africa. The American and European market have shown good growth rate as the technological advancement is more in these two regions. The early adoption of new techniques as well the expenditure on medical devices are more from companies and government of America and Europe. The Asia-Pacific region is showing growth because of the changing healthcare condition and people in this region are shifting towards better healthcare facilities. The Middle East region is growing at a slow rate as compared to other regions.

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