Patient Monitoring Devices Market - Size, Share, Outlook, and Opportunity Analysis, 2019

Patient monitoring devices supports patient monitoring of vital signs (heart rate, blood pressure and others) without visiting medical practitioner. This devices are used to monitor patients, gathers medical data, and securely pass the data to the healthcare providers at other location for clinical review. The patient monitoring devices helps to control patient healthcare expenditure by reducing hospital stays, encourages patients to shift to self-care and avoid hospital readmissions, with reliable diagnosis. These patient monitoring devices allow real-time sharing that allows physicians to take vital decisions to ensure efficient treatment for various physiological parameters. These devices also increase patient engagement and allow patients to manage and understand their own health conditions.

Restraints of the Global Patient Monitoring Devices Market

Major factors hampering the growth of the patient monitoring devices market during the forecast period constitutes of negative impact of U.S. medical device tax and rigorous FDA regulatory processes.

Key features of the study:

This report provides in-depth analysis of the global patient monitoring devices market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global patient monitoring devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include 3M Healthcare, Boston Scientific Corporation, Covidien, Draegerwerk AG and Co. KGaA, GE Healthcare, Medtronic Plc, Mindray Medical, Omron, Nihon Kohden Corporation, Biotricity Inc., Bittium Corporation, DexCom, Inc., Caretaker Medical, Shimmer, Edwards Lifesciences Corporation, Saranas, Inc., DiaMonTech GmbH, VivaQuant, and Philips Healthcare.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global patient monitoring devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.

Detailed Segmentation

Global Patient Monitoring Devices Market, By Device Type: