The market is expected to witness a significant growth during the forecast period. The growth can be attributed to increase in geriatric population and rise in adoption of remote patient monitoring devices. Rise in prevalence of patients suffering from different lifestyle diseases such as diabetes, cancer, and atherosclerosis also contribute toward the growth of the patient monitoring devices market. Moreover, collaborations between companies, hospitals, and academic institutions are expected to increase the market revenue and, therefore, boost market growth. However, cost associated with these products and lack of awareness among patients hinders market growth. Moreover, government regulations and reimbursement issues also restrain growth of the patient monitoring devices market.
The global patient monitoring devices market is segmented on the basis of product type, end user, and region. By product type, it is divided into hemodynamic monitoring, neuromonitoring, cardiac monitoring, fetal & neonatal monitoring, respiratory monitoring, multi-parameter monitoring, remote patient monitoring, weigh monitoring, and temperature monitoring devices. On the basis of end user it is segmented into hospitals, home settings, and ambulatory surgical centers. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current market trends and future estimations in the patient monitoring devices market.
- The market scenario is comprehensively analyzed with respect to the device types and end users.
- The market estimations are based on high-end analysis of the key developments from 2019-2027.
- Recent developments and key manufacturers are listed to understand the competitive market scenario.
- In-depth geographical analysis provides an understanding of the regional market, which assists in strategic business planning.
KEY MARKET SEGMENTS
By Product
- Hemodynamic Monitoring Devices
- Blood Glucose
- Cholesterol
- Blood Gas & Electrolyte Analyzers/Monitors
- Blood Pressure
- Neuromonitoring Devices
- Electroencephalograph (EEG) Devices
- Transcranial Dopplers (TCD)
- Magnetoencephalography (MEG) Devices
- Intracranial Pressure Monitors (ICP)
- Cerebral Oximeters
- Cardiac Monitoring Devices
- Electrocardiogram (ECG) Devices
- Holter Monitor
- Event Monitors
- Others
- Fetal & Neonatal Monitoring Devices
- Ultrasound
- Electronic Fetal Monitoring Devices
- Fetal Doppler Monitoring Devices
- Other Fetal & Neonatal Monitoring Devices
- Respiratory Monitoring Devices
- Capnographs
- Spirometers
- Sleep Apnea Monitor
- Pulse Oximeters
- Multiparameter Monitoring Devices
- High Acuity
- Mid Acuity
- Low Acuity
- Remote Patient Monitoring Devices
- Weight Monitoring Devices
- Temperature Monitoring Devices
By End User
- Hospitals & Clinics
- Home Settings
- Ambulatory Surgical Centers (ASCs)
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific- LAMEA
- Brazil
- Turkey
- Venezuela
- Saudi Arabia
- Rest of LAMEA
List of key players profiled in the report
- Medtronic, Inc.
- Biotronik
- F. Hoffmann-La Roche Ltd.
- GE Healthcare Ltd
- Masimo Corporation
- Nihon Kohden Corporation
- Johnson and Johnson
- Omron Healthcare Co. Ltd.
- Abbott Laboratories
- Koninklijke Philips N.V.
Table of Contents
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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