Patient Monitoring Devices Market Regional Growth Analysis And Forecast
Posted: Apr 19, 2019
Patient Monitoring Devices Market Characteristics:
The patient monitoring devices market (or patient monitoring equipment market – the two terms are interchangeable) consists of the sales of patient monitoring devices and related services by entities (organizations, sole traders and partnerships) that manufacture patient monitoring devices used in monitoring vital health parameters.
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The global patient monitoring devices market is further segmented based on type and geography.
By Type - The patient monitoring devices market is segmented by type into fetal and neonatal monitoring devices, vital parameter monitoring devices and equipment, weight monitoring and body temperature monitoring devices and equipment, and remote patient monitoring devices and equipment. The vital parameter monitoring devices and equipment market accounted for the largest share of the patient monitoring devices market in 2018 at more than 40%. The remote patient monitoring devices and equipment market is expected to be the fastest-growing segment going forward.
The fetal and neonatal monitoring devices market is further segmented into neonatal monitoring devices and fetal monitoring devices. Neonatal monitoring devices accounted for the largest share of the fetal and neonatal monitoring devices market in 2018. The fetal monitoring devices segment is expected to grow at the highest CAGR in the forecast period.
Companies Mentioned in The Patient Monitoring Devices Market:
- Philips Healthcare,
- GE healthcare,
- Medtronic Inc.,
- Omron Corporation,
Patient Monitoring Devices Market Size:
The patient monitoring devices market size is expected to reach $30 billion by 2022, significantly growing at a CAGR of around 9% during the forecast period. The growth in the patient monitoring devices industry is due to rising ageing population, increasing healthcare expenditure and growth in emerging economies.
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However, the market for patient monitoring devices is expected to face certain restraints from several factors such as lack of healthcare awareness, stringent government regulations, decreasing reimbursements, increases in interest rates, and high initial costs of investment.
Trends In The Patient Monitoring Devices Market
Technological advancements such as Medical Body Area Network, potable patient monitoring devices and use of patient monitoring devices in wearable and mobile applications are the major trends witnessed in the global patient monitoring devices market.
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Few Chapters from Table Of Content
- Patient Monitoring Devices Market Opportunities And Strategies Executive Summary
- Table of Contents
- List of Figures
- List of Tables
- Report Structure
- Patient Monitoring Devices Market Characteristics
- Patient Monitoring Devices Supply Chain
- Patient Monitoring Devices Market Product Analysis – Example Products
- Patient Monitoring Devices Market Size And Growth
- Patient Monitoring Devices Market Opportunity Assessment - PESTEL Analysis
- Patient Monitoring Devices Market Regulatory Landscape
- Patient Monitoring Devices Market Trends And Opportunities
- Patient Monitoring Devices Market Customer Information
- Patient Monitoring Devices Market, Regional And Country Analysis
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