Patient Monitoring Devices Market Size, Application, Region and Growth Forecast 2028
Market Highlights
The global Patient
monitoring devices market has been evaluated as steadily growing market
and it is expected that the market will continue to grow similarly in the near
future. These monitoring devices continuously check patient’s vital signs by
using a medical monitor. Patient monitoring devices market has various
functions such as glucose monitoring, blood monitoring, temperature monitoring,
cholesterol monitoring, weight monitoring etc. Electrocardiography is fastest
growing sub-segment, it is largest in cardiac monitoring market and fastest
growing in neurological device. Electrocardiography is the process that checks
for problems with the electrical activity of your heart. Electrocardiography is
very helpful to diagnose unexplained chest pain or pressure, cause of symptoms
of heart disease, to check how well medicines are working and see if they are
causing side effects that affect the heart. Increase in consumer awareness is
driving the market growth which expected to grow in same pace in near future.
Patient monitoring devices manufacturers trying to make more advance, accurate
and innovative device to provide desirable solution.
Global Patient monitoring devices market is segment into two
major segments and its sub-segments such as based on type, based on product
type and based on end user. Global Patient monitoring devices market is
expected to reach USD 23.4 billion by 2022 at a CAGR of 5.7%. North America is
the largest market for patient monitoring devices while Asia-Pacific region is
fastest growing. Europe is second largest market for patient monitoring device
and expected to grow steadily during forecasting period.
Taste the market data and market information presented
through more than 120 market data tables and figures spread over 80 numbers of
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market synopsis on “Patient Monitoring Devices Market Research Report –Global
Forecast to 2022.”
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Global Patient monitoring devices Market Players:
There are plenty of large and small market players which
operate in this market all over the globe. GE Healthcare, Roche Diagnostics,
BIOTRONIK SE & Co. KG, Abbott Laboratories, Siemens Healthcare, Philips
Healthcare, CAS Medical Systems, Inc., Spacelabs Healthcare, Honeywell
International, Inc., Shenzhen Mindray Bio-Medical Electronics Co.
Regional Analysis:
Depending on geographic region, Patient monitoring devices
market is segmented into four key regions: Americas, Europe, Asia-Pacific, and
Middle East & Africa. Considering the global scenario of the market, North
America comprise largest market share in global Patient monitoring devices
market. Moreover, the European market is also growing continuously. On the
other hand, Asia-Pacific market is expected to grow at the fastest pace and
rapidly in the Patient monitoring devices Market segment during the forecasted
period. Middle East & Africa region are likely to have a limited but steady
growth in the market.
Segmentation:
Patient monitoring devices Market has been segmented on the
basis of product type which comprises of Central monitoring stations, Portable
bedside monitors, Electrocardiogram (ECG) Devices, Hemodynamic Monitoring
Devices, Fetal and neonatal monitors, Respiratory Monitors, Weight management
monitors, Temperature monitoring devices, and others. On the basis of end user,
the market is segmented into Hospitals and clinics, Ambulatory care centers,
Home care and others.
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