Synopsis of the Global Non-Invasive Monitoring Device Market
The global market for non-invasive monitoring devices is growing at a moderate pace. This market is expected to grow from USD 13,620 million in 2016 to USD 21,586.18 million by 2023, reflecting a CAGR of 6.8% during the assessment period (2017-2023). The growth is sustained by the increasing adoption of non-invasive medical technologies, particularly in North America and Europe. This helps in maintaining the sales of non-invasive monitoring devices.
The increasing prevalence of neurovascular and cardiovascular diseases has fueled the product demand in the fast-developing countries in Latin America and Asia Pacific. However, factors such as technical issues of non-invasive monitoring devices and stringent regulatory norms are expected to hinder the market growth during the forecast period.
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This report allows the user to gain a deeper understanding of the ongoing events and proceedings in the global market for non-invasive monitoring device. With the help of the report, users will also be able to identify historical and current trends in the healthcare device manufacturing industry. By correlating the historical data with the key market dynamics, analysts were able to make highly accurate projections in the report. MRFR’s report includes a thorough segmental analysis of the global non-invasive monitoring device market based on type, modality, application, end-user, and region, delivering actionable insights. This report has been prepared to assist industry participants to make informed decisions on growth strategies and operation management. Users will also come across drivers, trends, opportunities, and restraints that are likely to influence the growth of the market during the assessment period.
By type, the market has been segmented into cardiac monitoring devices, brain monitoring devices, blood pressure monitoring devices, anesthesia monitoring devices, and blood glucose monitoring devices. Based on application, the market has been segmented into cardiology, neurology, and oncology. By end-user, the market has been segmented into diagnostic centers, research & academic institutes and hospitals & clinics.
The segments and sub-segments covered in the report are analyzed under six major regions – North America, Latin America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Rest of the World (ROW), with respective country-level market sizing. For the scope of research, the standard definition of the product/ service “non-invasive monitoring device” is included in the report. The report discusses and interprets the current and future prospects of the industry delivering an unbiased growth assessment.
General Electric Company, Medtronic Plc, KONINKLIJKE PHILIPS N.V, Abbott, Omron Corporation, Vaso Corporation, Integrity Applications, CAS Medical Systems, Inc., A&D Medical Inc., Tensys Medical Inc., OrSense Ltd., CNSystems Medizintechnik AG, NIMedical, Advanced Brain Monitoring, Inc.
The report offers insights on the prominent market players and assesses their current market share. Company information with regard to annual turnover, segmental share, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is available in the report.
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TABLE OF CONTENTS
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
2.1 Definition 22
2.2 Scope Of Study 22
2.3 Research Objective 22
2.4 Assumptions & Limitations 22
2.4.1 Assumptions 22
2.4.2 Limitations 22
2.5 Market Structure 23
3 RESEARCH METHODOLOGY
3.1.1 Primary Research Methodology 26
3.1.2 Secondary Research Methodology 26
3.1.3 Market Share Analysis 27
3.1.4 Market Pricing Approach 27
3.2 Market Size Estimation 27
3.3 Forecast Model 28
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General Electric Company, Medtronic Plc, KONINKLIJKE PHILIPS N.V, Abbott, Omron Corporation, Vaso Corporation, Integrity Applications, CAS Medical Systems, Inc., A&D Medical Inc., Tensys Medical Inc., OrSense Ltd., CNSystems Medizintechnik AG, NIMedical, Advanced Brain Monitoring, Inc. Between 2014 and 2017, the key growth strategies adopted by the market players were that of expansion and mergers & acquisitions.
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