Global Non-Invasive Monitoring Device Market is expected to reach USD 21,586.2 million by 2023

Market Research Future has a cooked research report on the global non-invasive monitoring device market. The global non-invasive monitoring device market is growing continuously and expected to grow at a CAGR of 6.80% from 2017 to 2023.

The non-invasive monitoring device is used for the monitoring of various disease conditions such as cardiovascular diseases, neurological disorders, obesity and others. These devices receive an application in various fields such as cardiology, neurology, oncology, and others.

There is an alarming increase in the prevalence of cardiac arrest and diabetes across the globe, which is one of the major drivers for the market growth. Additionally, the market is also driven by growing emphasis on disease management and presence of key players in the market. These players are engaged in the manufacturing non-invasive monitoring devices such as cardiac monitors, blood pressure monitors, and brain monitors.

The global non-invasive monitoring device market is expected to grow at a CAGR of 6.80% during the forecast period.

Taste the market data and market information presented through more than 90 market data tables and figures spread over 184 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Non-Invasive Monitoring Device market research report–Global forecast till 2023.”

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Major Players in Non-Invasive Monitoring Device Market:

Some of the key players in the global market are KONINKLIJKE PHILIPS N.V. (Netherlands), Medtronic (Ireland), Omron Corporation (Japan), General Electric Company (U.S.), Abbott (U.S.), Integrity Applications (Israel), Vaso Corporation (U.S.), CNSystems Medizintechnik AG (Austria), A&D Medical Inc (Japan), NIMedical (U.S.), CAS Medical Systems, Inc. (U.S.), OrSense Ltd (Israel), Tensys Medical Inc. (U.S.), Advanced Brain Monitoring, Inc. (U.S.), NIMedical (Israel), AERO HEALTHCARE (U.S.), Cheetah Medical (U.S.), Nonin Medical Inc. (U.S.), LiDCO (U.K), BIOPAC Systems Inc. (U.S.) and others.

Regional Analysis

America is the largest market for non-invasive monitoring device whose growth is attributed to rising importance of cardiac and brain monitoring for patients with cardiovascular diseases and neurological disorders. Additionally, availability of a large number of table top and wearable devices in the market fuel the market growth. Increasing demand for devices with cutting-edge technology is creating growth opportunities in the market.

Europe holds the second position in the market with Germany, the U.K, and France being the largest contributors to the market. The market growth is determined by increasing number of people using wearable monitoring devices.

In the Asia Pacific, the market exhibits tremendous growth, which is attributed to the growth of the healthcare IT industry and growing emphasis on cardiac health monitors. Also, rising awareness about neurological diseases and use of brain monitoring devices and demand for high quality and affordable health monitoring devices fuel the market growth. Japan, India, and China are expected to exhibit high growth potentials in the market. Also, increasing geriatric population with a number of chronic diseases and changing the lifestyle of people further improve the market growth.

In the Middle East & Africa, market exhibits a positive growth determined by the rising demand for diagnostic services and increasing emphasis on primary health care.

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Segmentation

The global non-invasive monitoring device market is segmented on the basis of type, modality, application, and end user.

On the basis of the type, the market is segmented into cardiac monitoring devices, brain monitoring devices, blood pressure monitoring devices, anesthesia monitoring devices, blood glucose monitoring devices, and others.

Cardiac monitoring devices are further divided into electrocardiography devices such as resting ECG, ECG monitors, and Holter monitors; and cardiac output devices such as doppler devices, partial gas rebreathing devices, and thoracic bioimpedance.

Similarly, brain monitoring devices are further divided into CT, MRI, electroencephalography, electromyography, evoked potentials, intracranial pressure monitors and others. The blood pressure monitors are further divided into sphygmomanometer, automated blood pressure monitor, BP transducers, and ambulatory blood pressure monitors.

On the basis of the modality, the market is segmented into table top and wearable.

On the basis of the application, the market is segmented into cardiology, neurology, oncology, and others

On the basis of the end user, the market is segmented into hospitals & clinics, diagnostic centers, research & academic institutes and others.

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