Global Patient Monitoring Device/System/Equipment Market, By Product (Hemodynamic, Neuro monitoring, Cardiac, Fetal and Neonatal, Respiratory, Multi parameter, Remote Patient, Weight, Temperature, and Urine Output Monitoring Devices), Type (Vibration, Thermal, Motor Current, Alarm, GPS), Process (Online, Portable), Deployment Type (On-Premise, Cloud), End Use (Hospitals and Clinics, Home Setting, Ambulatory Surgical Centres) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that the patient monitoring device/system/equipment market is growing at a CAGR of 6.0% in the forecast period of 2022-2029.
Patient monitoring device is a kind of medical device which is used to monitor patients during minor and major surgeries to eliminate complications. These devices help to monitor the patient remotely and to preserve the record of the patients.
The rising implementation of the equipment monitoring system is the major factor accelerating the growth of the patient monitoring device/system/equipment market. Furthermore, reduction in the cost of the IoT mechanisms which offer cost effective equipment monitoring and rapid advancement of wireless technology in monitoring equipment are also expected to drive the growth of the smart robots market. However, discomfort related with the insertion of monitoring instruments, such as pulmonary artery catheters (PAC) restrains the patient monitoring device/system/equipment market.
In addition, growing focus of quality of healthcare and the rising concern of the cloud based explanation that provide real time functionalities will create ample opportunities for the patient monitoring device/system/equipment market.
This patient monitoring device/system/equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on patient monitoring device/system/equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Patient Monitoring Device/System/Equipment Market Scope and Market Size
The patient monitoring device/system/equipment market is segmented on the basis of product, type, process, deployment type and end use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, market is segmented into hemodynamic, neuro monitoring, cardiac, fetal and neonatal, respiratory, multi parameter, remote patient, weight, temperature, and urine output monitoring devices.
- Patient monitoring device/system/equipment market has also been segmented based on the type into vibration, thermal, motor current, alarm, GPS.
- Based on process, the patient monitoring device/system/equipment market is segmented into online and portable.
- On the basis of deployment type, the patient monitoring device/system/equipment market is segmented into on premise and cloud.
- Patient monitoring device/system/equipment market has also been segmented based on end use into hospitals and clinics, home setting and ambulatory surgical centres.
Patient Monitoring Device/System/Equipment Market Country Level Analysis
The patient monitoring device/system/equipment market is segmented on the basis of product, type, process, deployment type and end use.
The countries covered in the patient monitoring device/system/equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the patient monitoring device/system/equipment market due to increasing stringent government regulation and rising awareness regarding quality products. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to rise in geriatric population and increase in the purchasing power of the populous country such as China and Japan.
The country section of the patient monitoring device/system/equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The patient monitoring device/system/equipment market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for patient monitoring device/system/equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the patient monitoring device/system/equipment market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Patient Monitoring Device/System/Equipment Market Share Analysis
The patient monitoring device/system/equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to patient monitoring device/system/equipment market.
Some of the major players operating in the patient monitoring device/system/equipment market report are BioTelemetry, Inc., Onduo LLC., Medtronic, Compumedics Limited, NIHON KOHDEN CORPORATION., Natus Medical Incorporated., GENERAL ELECTRIC, Koninklijke Philips N.V., F. Hoffmann-La Roche Ltd, Siemens Healthcare Private Limited, OMRON Corporation, Johnson and Johnson Services, Inc., Care Innovations, LLC., Smiths Group plc, Drägerwerk AG and Co. KGaA,, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., CONTEC MEDICAL SYSTEMS CO.,LTD, PRÜFTECHNIK Dieter Busch GmbH and Analog Devices, Inc., among others.