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Companies To Invest In Self-Diagnosis Devices

Author: Praneeth Tbrc
by Praneeth Tbrc
Posted: Nov 16, 2018
medical equipment

Use of medical devices for the home based diagnosis and treatment of medical conditions is increasing. Technological developments in devices such as glucose monitors, insulin delivery devices, nebulizers and oxygen concentrators have enabled diagnosis and monitoring of many diseases at home. Remote control technology is also allowing healthcare professionals to support home based treatments which is leading to preference for home and self-care treatment.

THE BUSINESS RESEARCH COMPANY EXPECTS THE MEDICAL EQUIPMENT GLOBAL MARKET TO GROW TO $448 BILLION BY 2021

Asia Pacific was the largest region in the medical equipment market in 2017, accounting for $123 billion or one-third of the market share.

Order the report at: https://www.thebusinessresearchcompany.com/report/medical-equipment-global-market-report-2018

According to The Business Research Company’s Consultant, Nitin Gianchandani, device performance and patient data is available to healthcare service providers helping them to improve patient monitoring and overall care quality. Some companies are integrating medical device data with EMR (Electronic Medical Records) to improve transparency and collaboration. As consumer wearables are becoming more common, patient data volumes are increasing and companies are investing in deploying data management, warehousing and security technologies. For example, Medtronic launched a tool to augment their cardiac devices to securely transfer device data to doctors and allow them to monitor the critical health indicators of their patients.

Download a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=246&type=smp

Medtronic plc was the largest player in the medical equipment market in 2017, with revenues of $30 billion in 2017. The growth strategy of Medtronic involves building synergies and cutting down costs. For Example, by merging with Covidien, Medtronic is targeting earnings of $350 million in 2016 and $850 million by end of 2018.

Medical equipment devices are designed to aid diagnosis, monitoring or treatment of medical conditions.

Medical Equipment Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.

About The Business Research Company

Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles.

The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research.

It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology.

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

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About the Author

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

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Author: Praneeth Tbrc

Praneeth Tbrc

Flag of United Kingdom
United Kingdom

Member since: Nov 04, 2018
Total live articles: 62

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