MARKET INTRODUCTION
Patient monitoring systems are used to measure, distribute, record, and display combinations of biometric values such as heart rate, blood oxygen saturation levels (SPO2), blood pressure, and temperature, among others. They are used for monitoring patients regularly, which can help avoid critical problems. In the past few years, the digital technologies powering patient monitoring devices have widely influenced the operational costs. Important signs such as blood pressure, weight, blood sugar, and electrocardiography (ECG) are measured using wearable biosensors and transmitted over mobile wireless networks to a central server.
MARKET DYNAMICS
The increase in geriatric population and rise in adoption of remote patient monitoring devices, will spur the growth of the market. Additionally, surge in prevalence of patients suffering from different lifestyle diseases such as diabetes, cancer, and atherosclerosis will boost the market growth to significant extent over the forecast period. However, cost associated with this technology and lack of awareness among patients may restrain the growth of the market in the forecasted period.
MARKET SCOPE
The "Global Patient Monitoring Devices Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of patient monitoring devices market with detailed market segmentation by product, type, end-user, and geography. The global patient monitoring devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading patient monitoring devices market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global patient monitoring devices market is segmented on the product, type, and end-user. Based on product, the global patient monitoring devices market is segmented into cardiac monitoring devices, neuromonitoring devices, respiratory monitoring devices, anasthesia monitor, hemodynamic monitoring devices, fetal and neonatal monitoring, multiparameter devices and others. Based on type, the global patient monitoring devices market is segmented into conventional, and wireless. Based on end-user, the global patient monitoring devices market is segmented hospitals ambulatory surgical centres, and homecare settings.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global patient monitoring devices market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The patient monitoring devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting patient monitoring devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Patient monitoring devices market in these regions.
MARKET PLAYERS
The reports cover key developments in the patient monitoring devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from patient monitoring devices market are anticipated to lucrative growth opportunities in the future with the rising demand for patient monitoring devices market in the global market. Below mentioned is the list of few companies engaged in the patient monitoring devices market.
The report also includes the profiles of key patient monitoring devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Abbott
- Hill-Rom Services, Inc.
- Dr?gerwerk AG and Co. KGaA
- Edwards Lifesciences Corporation
- OMRON Corporation
- Masimo
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- NIHON KOHDEN CORPORATION
- Koninklijke Philips N.V.
- Medtronic
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.