Patient Monitoring Equipment Market Offering High-growth Opportunities for Market Players

Industry Snapshot

The increasing demand for homecare monitoring equipment will drive the growth prospects for the global patient monitoring equipment market in the forthcoming years. One of the major factors contributing to the growing demand for homecare monitoring systems is the critically ill old age group with chronic disorders such as hypertension that require monitoring on a daily basis and cannot afford frequent visits to health care centers. Also, the market is witnessing growth due to the increasing demand for wireless multiparameter home use monitors. Some of the major factors responsible for the growing preference for home monitoring systems are portability, user-friendliness, self-care products, and reduced hospital cost and hospital stay.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s growth in the region is the increasing adoption of technologically advanced products.

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Major Industry Player’s

Abbott Laboratories,GE Healthcare,Nihon Kohden,Omron Healthcare,Philips Healthcare,Roche Diagnostics Limited,Biotronik SE & Co. KG,Boston Scientific Corporation,CAS Medical Systems,CONTEC MEDICAL,Dragerwerk,Guangdong Biolight Meditech,Medtronic, Inc.,Mindray Medical,Spacelabs Healthcare,St. Jude Medical

Market Overivew

Patient monitoring devices are used during minor & major surgeries to monitor the patient’s physiological signs and related complication. Moreover, with the advancement in wireless technology, these devices could be used to remotely monitor the physiological parameters of the patients. These devices are a vital part of hospitals and other healthcare facilities as these are expected to help physicians determine the severity of any disease.

The report analyzes the patient monitoring industry into three segments, namely, product, end user, and geography. On the basis of product type, it is categorized into hemodynamic, neuromonitoring, cardiac, fetal & neonatal, respiratory, multiparameter, remote patient, weight, and temperature monitoring devices. Hemodynamic monitoring devices are further divided into blood glucose, blood gas & electrolyte analyzer, and blood pressure monitors.

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Neuromonitoring devices are further categorized into electroencephalograph devices, magnetoencephalography devices, intracranial pressure monitors, transcranial Dopplers, and cerebral oximeters. Cardiac monitoring devices are further classified into electrocardiogram devices, Holter monitors, event monitors, and others (implantable loop recorders, cardiac output monitoring devices, and others).

Market Segments

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

  • External Remote Patient Monitoring Equipment
  • Implantable Remote Patient Monitoring Equipment

By Regions, this report covers (we can add the regions/countries as you want)

  • North America
  • China
  • Europe
  • Southeast Asia
  • Japan
  • India

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