Global Patient Monitoring Device/System/Equipment Market to 2023

Global Patient Monitoring Device/System/Equipment Market to 2023

DUBLIN, June 4, 2018 /PRNewswire/ --

The "Patient Monitoring Device/System/Equipment Market by Product, End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

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The patient monitoring devices market is projected to reach USD 25.31 Billion by 2023 from USD 19.14 Billion in 2018, at a CAGR of 5.7%.

Factors such as the easy availability of wireless monitoring devices and the rising incidence of lifestyle and chronic diseases are expected to drive market growth during the forecast period.

Based on product, the cardiac monitoring devices market is classified into ECG devices, implantable loop recorders, event monitors, mobile cardiac telemetry, and smart wearable ECG monitors. The mobile cardiac telemetry segment is expected to grow the highest CAGR during the forecast period. Factors such as quick and enhanced diagnosis compared to other short & longer-term monitoring modalities and huge potential for reducing healthcare costs are driving the growth of the market.

Based on product, the neuromonitoring devices market is segmented into EEG machines, MEG machines, EMG machines, ICP monitors, TCD machines, and cerebral oximeters. In 2018, the EEG machines are expected to account for the largest share of the neuromonitoring devices market. The large share of this segment can primarily be attributed to the increase in the incidence and prevalence of neurological disorders, growing R&D in the field of cerebral and spinal disorders, and rising number of specialized facilities such as EEG labs and sleep centers.

Based on product, the respiratory monitoring devices market is classified into pulse oximeters, capnographs, spirometers, and peak flow meters. The capnographs segment is expected to register the highest growth rate during the forecast period. This is mainly due to their mandatory requirement of these devices during anesthesia and in monitoring the respiratory status of patients in ICUs.

In 2018, North America is expected to account for the largest share of the patient monitoring devices market. Asia is expected to register the highest growth rate from 2018 to 2023 for the patient monitoring devices market. Factors such as the increasing per capita healthcare expenditure, growing public health awareness, rising prevalence of lifestyle diseases, and improving treatment rates in emerging markets across India and China are expected to drive growth in the market in this region.

The growing demand for patient monitoring devices in non-hospital settings is also expected to provide a range of growth opportunities for players in the market.

Major key players in the patient monitoring devices market include Medtronic (Ireland), Natus Medical (US), Nihon Kohden (Japan), GE Healthcare (US), and Philips Healthcare (Netherlands). In the highly competitive patient monitoring devices market, a majority of the leading players aim to gain a competitive edge through technological advancements and product launches.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Patient Monitoring Devices Market Overview

4.2 Asia: Patient Monitoring Devices Market, By Respiratory and Multi-Parameter Monitoring Devices, (USD Million)

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Availability of Wireless Monitoring Devices

5.2.1.2 Rising Incidence of Lifestyle and Chronic Diseases

5.2.2 Opportunities

5.2.2.1 Growing Demand for Patient Monitoring Devices in Non-Hospital Settings

5.2.2.2 Emerging Markets

5.2.3 Challenges

5.2.3.1 Risks Associated With Invasive Monitoring Devices

6 Cardiac Monitoring Devices Market

6.1 Introduction

6.2 ECG Devices

6.3 Implantable Loop Recorders

6.4 Event Monitors

6.5 Mobile Cardiac Telemetry Monitors

6.6 Smart Wearable ECG Monitors

7 Neuromonitoring Devices Market

7.1 Introduction

7.2 Electroencephalograph Machines

7.3 Magnetoencephalograph Machines

7.4 Cerebral Oximeters

7.5 Intracranial Pressure Monitors

7.6 Electromyograph Machines

8 Respiratory Monitoring Devices Market

8.1 Introduction

8.2 Pulse Oximeters

8.3 Spirometers

8.4 Capnographs

8.5 Peak Flow Meters

9 Multi-Parameter Monitoring Devices Market

9.1 Introduction

9.2 Low-Acuity Monitoring Devices

9.3 Mid-Acuity Monitoring Devices

9.4 High-Acuity Monitoring Devices

10 Hemodynamic Monitoring Devices Market

10.1 Introduction

10.2 Disposables

10.3 Systems

11 Fetal and Neonatal Monitoring Devices

11.1 Introduction

11.2 Fetal Monitoring Devices

11.3 Neonatal Monitoring Devices

12 Temperature Monitoring Devices Market

12.1 Introduction

13 Weight Monitoring Devices

13.1 Introduction

14 Patient Monitoring Devices Market, By Region

15 Competitive Landscape

15.1 Market Overview

15.2 Market Share Analysis

15.2.1 Hemodynamic Monitoring Systems Market

15.2.2 Neuromonitoring Devices

15.2.3 Cardiac Monitoring Devices Market Ranking Analysis, 2017

15.2.4 Respiratory Monitoring Devices

15.3 Competitive Situation and Trends

15.3.1 Product Launches and Approvals

15.3.2 Agreements, Partnerships, and Collaborations

15.3.3 Agreements, Partnerships, and Collaborations, 2016-2018

15.3.4 Mergers and Acquisitions

15.3.5 Expansions

16 Company Profiles

16.1 Medtronic

16.2 Nihon Kohden

16.3 Natus Medical

16.4 Koninklijke Philips N.V.

16.5 Edward Lifesciences

16.6 Omron

16.7 Masimo

16.8 GE Healthcare

16.9 Hill-Rom Holdings

16.10 Drgerwerk AG

16.11 Compumedics

16.12 Shenzhen Mindray Bio-Medical Electronics

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https://www.researchandmarkets.com/research/74q6s2/global_patient?w=5

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