The global multiparameter patient monitoring market is set to grow at a higher pace during the forecast period. A multiparameter patient monitor, monitors ECG, SpO2, dual-temp, dual IBP and RESP. It is highly suitable to pediatric, adults and neonatal usage. The user can choose to select different parameter configuration suitable for different needs. It consolidates the function of parameter measurement module, display, record and output to build a compact and portable device. The device comes with portable batteries and enables convenience for patient movement.
Multiparameter patient monitoring market is driven by rise in working and geriatric population with socio-economic significances. The developing countries majorly suffer from urban diseases such as hypertension, diabetes and cardiovascular devices. Also, rise in aging population in urban settings is more likely to propel the market growth during the forecast period. In addition, growth in medical infrastructure and technological breakthroughs also stimulates the market growth during the forecast period.
However, less involvement of hospitals and less collaboration between doctors and patients upon multiparameter monitoring systems disturbs the market growth. In addition, certain loopholes such as dearth of competent workforce and non-compatibility existing in this model is hindering the market growth during the forecast period. By acuity level, the market of multiparameter patient monitoring is segmented as high-medium and low. End-user segmentation for market of multiparameter patient monitoring is segmented as home healthcare and hospital.
Geographical segmentation for multiparameter patient monitoring market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American and European market experiences a higher market growth during the forecast period owing to rise in aging population and availability of medical breakthroughs. The market in these regions also encompass the use of AI in medical technology for better treatment.
Asia-Pacific’s market is anticipated to grow at a higher pace due to pursuance of modern medical technology and adoption to quality healthcare system. The key players profiled in the multiparameter patient monitoring market report are AMD Global Telemedicine, Baxter, Bosch, Medical, Boston Scientific, Cardiocom, Medtronic, GE Healthcare, Philips Healthcare and CR Bard.
The global Multiparameter Patient Monitoring market was valued at $XX million in 2017, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.
This report provides detailed historical analysis of global market for Multiparameter Patient Monitoring from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Multiparameter Patient Monitoring market.
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Leading players of Multiparameter Patient Monitoring including:
• GE Healthcare
• Phillips Healthcare
• Spacelabs Healthcare
• Edwards Lifesciences
• Guangdong Biolight Meditech
• CONTEC MEDICAL
• Larsen & Toubro
• Mindray Medical
• Nihon Kohden
• Omron Healthcare
Market split by Type, can be divided into:
• Bedside Monitor
• DCG Monitor
• Intracranial Pressure Monitor
• Cardiac Defibrillator Monitors
Market split by Application, can be divided into:
• Homecare Settings
• Specialty Clinics
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
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