Patient Monitoring Devices Market 2023

Rise in prevalence of lifestyle diseases, increase in the geriatric population & surge in the adoption rate of remote patient monitoring devices Driving Market

PUNE, MAHARASHTRA, INDIA, March 8, 2023 /einpresswire.com / -- Patient monitoring devices are medical instruments or systems used to track and measure patients' vital signs and other physiological parameters, such as heart rate, blood pressure, respiratory rate, oxygen saturation, and temperature. These devices provide clinicians with real-time information about a patient's health status, enabling them to make informed decisions regarding diagnosis, treatment, and patient care.

Allied Market Research has published a study report with the title patient monitoring devices market size is expected to reach USD 44.86 billion by 2027, registering a CAGR of 4.4% During the Forecast Period.

Rise in prevalence of lifestyle diseases, increase in the geriatric population, and surge in the adoption rate of remote patient monitoring devices fuel the growth of the global patient monitoring devices market. On the other hand, several government regulations & reimbursement issues, high costs associated with the devices, and limited awareness of the technology impede the growth to some extent. However, high-end technological advancements are expected to create lucrative opportunities in the industry.

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What are some examples of patient monitoring devices?

There are several examples of patient monitoring devices, including:

.Electrocardiogram (ECG): A device that measures the electrical activity of the heart and records it as a graph.
.Blood pressure monitor: A device that measures the pressure of blood flowing through the arteries.
.Pulse oximeter: A device that measures the oxygen saturation level in the blood and the pulse rate.
.Respiratory monitor: A device that measures the breathing rate and the depth of breathing.
.Temperature monitor: A device that measures the patient's body temperature.
.Cardiac output monitor: A device that measures the amount of blood pumped by the heart per minute.

Top Patient monitoring devices Companies

.Biotronik
.F. Hoffmann-La Roche Ltd.
.Omron Healthcare Co. Ltd.
.GE Healthcare Ltd.
.Medtronic, Inc.
.Masimo Corporation
.Koninklijke Philips N.V.
.Abbott Laboratories
.Nihon Kohden Corporation
.Johnson & Johnson

Patient monitoring devices Market segmentation can be done based on several factors, including:

By Product

.Hemodynamic Monitoring Devices
.Neuromonitoring Devices
.Electronic Fetal Monitoring Devices
.Fetal Doppler Monitoring Devices
.Respiratory Monitoring Devices
.Multiparameter Monitoring Devices
.Remote Patient Monitoring Devices
.Weight Monitoring Devices
.Temperature Monitoring Devices

By End User

.Hospitals & Clinics
.Home Settings
.Ambulatory Surgical Centers (ASCs)

Based on geography, North America held the highest share in 2019, generating more than two-fifths of the global patient monitoring devices market. This is attributed to the huge availability of patient monitoring devices in this region. Simultaneously, the Asia-Pacific region would portray the fastest CAGR of 5.5% from 2019 to 2027. This is due to the rise in the geriatric population and the increase in the purchasing power of populous countries such as China and Japan.

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Key Benefits For Stakeholders

.This report entails a detailed quantitative analysis along with the current and future global patient monitoring devices market trends from 2019 to 2027 to identify the prevailing opportunities along with the strategic assessment.
.The patient monitoring devices market forecast is studied from 2019 to 2027.
.The market size and estimations are based on a comprehensive analysis of key developments in the industry.
.A qualitative analysis based on innovative products facilitates strategic business planning.
.The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market

Our Market Research Solution Provides You Answer to Below Mentioned Question:

.Which are the driving factors responsible for the growth of market?
.Which are the roadblock factors of this market?
.What are the new opportunities, by which market will grow in coming years?
.What are the trends of this market?
.Which are main factors responsible for new product launch?
.How big is the global & regional market in terms of revenue, sales and production?
.How far will the market grow in forecast period in terms of revenue, sales and production?
.Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
.How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
.Which region has more opportunities?

By Region Outlook

. North America
(U.S., Canada, Mexico)
. Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
. Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
. LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of“Market Research Reports” and“Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

David Correa
Allied Analytics LLP
+1-800-792-5285
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