#Multiparameter Patient Monitoring System Market

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Challenges and Opportunities in the Multiparameter Patient Monitoring System Market

The global multiparameter patient monitoring system market size is expected to reach USD 18.03 billion by 2030, registering a CAGR of 5.7% according to a new report by Grand View Research, Inc. Increasing health concerns and the resultant requirement to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems.

The market growth is also supported by the increasing need for hospital transport, such as intra-hospital or out-of-the-hospital transport. For special examination & therapy, hospitals need intra-hospital transport, which calls for more continuous monitoring of vital signs including blood pressure, blood oxygen saturation by pulse oximetry, heart rate, and electrocardiography.

Healthcare providers are continually looking for innovative medical products to offer superior quality care, which is also expected to drive the market. Mobile solutions and data integration low-acuity monitoring are the significant trends that improve the cost efficiency of multiparameter patient monitoring solutions. Key players are introducing advanced patient monitoring products, such as integrated remote monitoring solutions with added features of greater connectivity through cloud technology and WiFi.

For instance, Radius-7 Pulse Co-Oximeters by Masimo Corp. got U.S. FDA approval in March 2020. It is a wearable patient monitor with flexible functionality of WiFi, Bluetooth, and alarms.

Gather more insights about the market drivers, restrains and growth of the Multiparameter Patient Monitoring System Market

Multiparameter Patient Monitoring System Market Report Highlights

• Portable was the largest device type segment in 2022 accounting for 66.2% due to growing home healthcare and easy mobility across different departments within the hospital

• By acuity level, the high segment has accounted for the highest market share in 2022 due to the increasing prevalence of chronic diseases, such as CVDs, respiratory disorders, and other critical medical conditions, which need continuous monitoring

• By age group, the geriatric segment accounted for the largest segment in 2022 with a share of 53.9% 2021 due to the rapidly growing geriatric population that is susceptible to various chronic disorders, which require continuous patient monitoring

• By end-use, the hospital's segment has accounted for the highest market share in 2022 due to the increasing number of patients being admitted to hospitals due to chronic diseases, injuries, and other emergencies

• North American region contributed the largest share to the market in the year 2022 attributing to the availability of technologically advanced equipment and high-quality healthcare system

Multiparameter Patient Monitoring System Market Segmentation

Grand View Research has segmented the multiparameter patient monitoring system market based on device, acuity level, age group, end-use, and region:

Multiparameter Patient Monitoring System Device Outlook (Revenue, USD Billion, 2018 - 2030)

• Portable

• Fixed

Multiparameter Patient Monitoring System Acuity Level Outlook (Revenue, USD Billion, 2018 - 2030)

• High

• Medium

• Low

Multiparameter Patient Monitoring System Age Group Outlook (Revenue, USD Billion, 2018 - 2030)

• Pediatric

• Adult

• Geriatric

Multiparameter Patient Monitoring System End-Use Outlook (Revenue, USD Billion, 2018 - 2030)

• Hospitals

• Homecare Settings

• Ambulatory Surgical Centers

• Others

Multiparameter Patient Monitoring System Regional Outlook (Revenue in USD Billion 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

o Sweden

o Norway

o Denmark

• Asia Pacific

o China

o Japan

o India

o Australia

o Thailand

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East and Africa

o Saudi Arabia

o South Africa

o UAE

o Kuwait

Order a free sample PDF of the Multiparameter Patient Monitoring System Market Intelligence Study, published by Grand View Research.

[health-views-updates]

Remote Patient Monitoring (RPM) Market Key takeaways by Regions Analysis and Forecast to 2030

The Remote Patient Monitoring Market is expected to experience significant growth in the coming years as healthcare providers and patients alike recognize the benefits of continuous monitoring outside of traditional healthcare settings. With advancements in technology such as wearable devices, mobile apps, and telehealth platforms, remote patient monitoring allows for real-time tracking of vital signs, medication adherence, and overall health status. This not only improves patient outcomes by enabling early intervention and personalized care but also reduces healthcare costs by minimizing hospital readmissions and unnecessary doctor visits. As the demand for remote patient monitoring solutions continues to rise, companies in the healthcare industry are investing heavily in developing innovative products and services to meet the needs of a growing aging population and individuals with chronic conditions. The future of healthcare is increasingly becoming more connected and patient-centric, with remote patient monitoring playing a crucial role in transforming the way healthcare is delivered.

The global remote patient monitoring (RPM) market is on a trajectory for phenomenal growth, with a projected value of USD 354.49 billion by 2030. This signifies a significant leap from its 2022 valuation of USD 51.4 billion, reflecting a robust Compound Annual Growth Rate (CAGR) of 27.3% over the forecast period (2023-2030), according to a recent market analysis.

Driving Forces Behind the RPM Revolution:

Several key factors are propelling the RPM market to new heights:

Rising Chronic Disease Burden: The increasing prevalence of chronic conditions like diabetes, heart disease, and respiratory illnesses is driving the demand for remote monitoring solutions to facilitate proactive management and improved patient outcomes.

Enhanced Patient Care and Convenience: RPM empowers healthcare providers to remotely monitor patients' vital signs and health data, enabling timely interventions and improved care coordination. It also offers patients greater convenience and control over their health management.

Technological Advancements: Continuous advancements in wearable devices, mobile health apps, and telecommunication technologies are accelerating the adoption and effectiveness of RPM solutions.

Cost-Effectiveness: Remote patient monitoring can help reduce healthcare costs by facilitating early detection of potential complications and preventing unnecessary hospitalizations.

Get Free PDF Sample Copy of Report @ https://www.snsinsider.com/sample-request/1788

Some of the major key players are as follows: Abbott, Boston Scientific Corporation, F. Hoffmann-La Roche Ltd, Koninklijke Philips N.V., Nihon Kohden Corporation, Omron Corporation, Smiths Medical, OSI Systems, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Welch Allyn, and other players.

A Deep Dive into the RPM Market Landscape:

The press release can be enhanced by incorporating a section on market segmentation, providing a more comprehensive picture:

Components: The market is segmented by components, including services (implementation, training, and support) and software solutions for data collection, analysis, and reporting. Additionally, the market offers a wide variety of RPM devices:

Cardiac monitoring devices (ECG monitors)

Neurological monitoring devices (EEG monitors)

Respiratory monitoring devices (pulse oximeters)

Blood glucose monitoring devices

Weight monitoring devices

Multiparameter monitoring devices (track multiple vital signs)

Fetal & neonatal monitoring devices

And other specialized devices for specific conditions

End-Use: The market caters to a diverse range of end-users, including:

Healthcare providers (hospitals, clinics, ambulatory care centers, home care settings, and long-term care centers)

Healthcare payers (insurance companies)

Patients themselves

Other stakeholders like pharmaceutical companies and research institutions

Global Landscape: The report explores the RPM market across different regions, providing valuable insights for geographically focused strategies.

Looking Ahead:

The future of the RPM market is promising, with continued growth anticipated. Factors such as an aging population, increasing government support for telehealth initiatives, and the growing integration of artificial intelligence for data analysis will further propel market expansion.

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Multiparameter Monitoring Devices Market Size, Type, segmentation, growth and forecast 2023-2030

Multiparameter Monitoring Devices Market

The Multiparameter Monitoring Devices Market is expected to grow from USD 378.00 Million in 2022 to USD 929.25 Million by 2030, at a CAGR of 11.90% during the forecast period.

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Multiparameter Monitoring Devices Market Size

Multiparameter Monitoring Devices refer to medical devices used to monitor multiple physiological parameters such as heart rate, blood pressure, oxygen saturation, and more. The market research report focuses on the market segment based on the type of multiparameter monitoring devices, including portable and compact devices that are most commonly used in hospitals, clinics, and other healthcare facilities. In terms of geography, the market is segmented into North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The prominent market players in this segment include Nihon Kohden, Philips, OSI Systems, Mindray, GE Healthcare, Drägerwerk, Opto Circuits, Skanray Technologies, Mediana, Epsimed, Contec Medical Systems, SternMed, Kizlon Medical, Medion Healthcare, and EDAN Instruments. The report also highlights the regulatory and legal factors that affect the current market condition. The stringent policies and regulations imposed by governing bodies, such as the FDA, influence the market landscape in terms of product approval and development. The report suggests that the increasing demand for non-invasive and remote patient monitoring solutions will drive the growth of the Multiparameter Monitoring Devices market in the coming years.

Multiparameter Monitoring Devices Market Key Player

Nihon Kohden

Philips

OSI Systems

Mindray

GE Healthcare

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Multiparameter Monitoring Devices Market Segment Analysis

The Multiparameter Monitoring Devices market caters to the healthcare industry and is mainly utilized for continuously monitoring patients' vital signs and other physiological parameters. The global market is expected to grow at a CAGR of 4.2% during the forecast period 2021-2028. The major factors driving revenue growth in this market are a rise in the geriatric population, an increase in the prevalence of chronic diseases such as diabetes and cardiovascular diseases, technological advancements, and an increase in demand for non-invasive techniques.

The latest trends followed by the Multiparameter Monitoring Devices market are the adoption of wireless and portable devices to improve patient mobility and quality of care, the integration of Artificial Intelligence and Internet of Things (IoT) technology for real-time monitoring and analysis of patient data, and the development of multiparameter monitoring devices that can capture multiple parameters simultaneously.

The major challenges faced by the Multiparameter Monitoring Devices market are high costs associated with these devices, stringent regulatory guidelines governing their sale, and increased competition from alternative medical devices such as wearable monitors and telemedicine solutions.

According to the report's main findings, North America dominates the global Multiparameter Monitoring Devices market due to the presence of well-established healthcare infrastructure and high demand for advanced medical devices. However, the Asia-Pacific region is expected to register the highest growth during the forecast period due to the increasing prevalence of chronic diseases, the presence of a large geriatric population, and growing demand for advanced medical devices.

The report recommends that key players in the market focus on developing cost-effective and portable devices that cater to the increasing demand for remote monitoring solutions and homecare settings. It also suggests that manufacturers focus on expanding their product portfolios to offer multiparameter monitoring devices with advanced features such as real-time data analytics and automated alarms to alert healthcare providers of critical changes in patient vital signs.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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Market Segmentation (by Application):

Hospital

Clinic

Others

Information is sourced from www.reportprime.com

[neha24blog]

Multiparameter Patient Monitoring Systems Market Segment Analysis By Device Type, Acuity Level, Age Group, End-Use, Region And Forecast Till  2028 : Grand View Research Inc.

Multiparameter Patient Monitoring Systems Market Segment Analysis By Device Type, Acuity Level, Age Group, End-Use, Region And Forecast Till  2028 : Grand View Research Inc.

San Francisco, 22 Feb 2022: The Report Multiparameter Patient Monitoring Systems Market Size, Share & Trends Analysis Report By Device Type (Fixed, Portable), By Activity Level (High, Medium, Low), By Age Group, By End-use, By Region, And Segment Forecasts, 2021 – 2028 The global multiparameter patient monitoring systems market size is anticipated to reach USD 16.1 billion by 2028, expanding at…

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Patient Monitoring Devices Market worth $ 55.1 billion by 2025 : Availability of wireless monitoring devices

Patient Monitoring Devices Market worth $ 55.1 billion by 2025 : Availability of wireless monitoring devices

Integration of monitoring technologies in smartphones and wireless devices is a key trend in patient care, resulting in the introduction of remote monitoring systems, mobile cardiac telemetry devices, mobile personal digital assistant (PDA) systems, ambulatory wireless EEG recorders, and ambulatory event monitors are the key factors supporting the growth of the market. According to the new market…

[marketinsight]

The increasing insistence for monitoring patients in real-time in CCUs, growing targeted population and acceptance of novel smart wearable technologies coupled with the booming trend of real-time patient monitoring are some of the factors responsible for the multiparameter patient monitoring systems market growth. Furthermore, patient monitoring systems are prominently used for intensifying the efficiency of healthcare in ICUs and in-patient wards. Patient monitoring is crucial for patients that are critically ill and with the ongoing COVID-19 pandemic, the number of critically ill patients have increased, thereby increasing the Multiparameter Patient Monitoring Systems Market demand. Technological advancements like Medical Body Area Networks and Radio Frequency Identification have reduced the duration of treatment and evaluation, which shall boost the market growth.

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Multiparameter Patient Monitoring Market, [By Device Type (Patient Monitors, Wireless Monitoring, Surveillance & Networking, Clinical Decision Support System, Cable Less measurement, Others); By Application (Cardiology, Neurology, Respiratory, Fetal & Neonatal, Others); By End Use (Hospitals, Home Healthcare, Ambulatory Care Centers); By Region]: Market Size & Forecast, 2018 – 2026

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Multiparameter Patient Monitoring Devices Market - Global Outlook and Forecast 2022 - 2031

The global multiparameter patient monitoring market is expected to grow at a CAGR of over 4% during the period 2022 - 2031. The following factors are likely to contribute to the growth of the multiparameter patient monitoring market during the forecast period:

• Growing Demand for Real-time Patient Monitors in Critical Care • Increasing Target Patient Population with Various Diseases • Rising Demand for Multi-parameter Patient Monitors in Home-care Settings • Growing Demand for Portable/Compact Multi-Parameter Monitors The global multiparameter patient monitoring market is likely to witness absolute growth because of the increasing application in hospitals, home care settings, and ambulatory surgery centers (ASCs). These devices are widely used in ICUs, emergency departments, and general wards to continuously monitor vital signs such as heart rate, blood pressure, and respiration rate. The introduction of advanced technologies, such as real-time, continuous, and remote patient monitoring (RPM), is expected to influence the market during the forecast period.

Moreover, the increasing prevalence of chronic diseases and the increase in the elderly population are likely to be the major drivers for the multiparameter patient monitoring market. Globally, the prevalence of chronic diseases such as cancer is increasing at an alarming rate due to changing lifestyles, aging population, environmental pollutions, and increasing smokers; therefore, all these factors are expected to increase the demand for such devices. These devices are portable and do not hinder the mobility of patients and enable them to shift them within the ward or transfer from one hospital to another. Advanced healthcare infrastructure and favorable reimbursement policies allow a high adoption of these devices, thereby expecting to drive the market growth in developed economies during the forecast period. The study considers the present scenario of the global multiparameter patient monitoring market and its market dynamics for the period 2022 - 2031. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market. Request The Sample PDF Report Here: https://www.sdki.jp/sample-request-91037 Multiparameter Patient Monitoring Market: Segmentation This research report includes a detailed segmentation by devices, acuity level, patient group, end-user, and geography. The portable monitoring devices segment is likely to grow at the fastest CAGR during the forecast period. The ease of remotely monitoring and the availability of portable features are expected to increase their application in-home care settings and enable real-time vital signs monitoring. These devices reduce continuous monitoring costs and decrease frequent hospital visits. There has been increased adoption of advanced RPM platforms in the remote healthcare market. The demand for real-time, remotely, and continuous patient monitoring is adding new dimensions to the global telehealth market. Moreover, the usage of portable systems enables hospitals to shift the patient from intense care units to normal wards without switching off multiparameter patient monitor systems. The launch of advanced portable monitoring devices is likely to hinder the growth of fixed devices. Fixed monitors are majorly used in hospitals and ASCs. These devices limit the mobility of patients and are less preferred by healthcare providers. These types of devices have a high risk of losing data during power outages. Hence, these devices are less preferred and are expected to experience steady growth in the market. The high-acuity segment is likely to grow due to the growth in the occurrence of chronic diseases that require continuous monitoring. The demand for high-acuity monitors is expected to increase as patient monitoring in high-acuity conditions is a major priority for healthcare providers. However, these systems have a limitation due to restricted area usage and are only used in ICUs and operation theaters. Hence, there is a lower demand than low-acuity devices.

The mid-acuity level is expected to grow at the slowest rate on account of the low availability of vendors offering such monitors. These types of monitors are used in ambulances, and the patient's condition is unpredictable in such circumstances. Hence, ambulances prefer high-acuity monitors over mid-acuity, which is likely to impact the sale of these devices adversely.

The low-acuity level segment is expected to grow at the fastest rate. The growth is majorly driven due to the low cost of low-acuity monitors, which is expected to bolster the demand for these devices from developed and developing regions. These monitors are portable and offer advanced features of RPM that enable healthcare professionals to monitor the patient continuously. Hospitals are likely to emerge as the major end-user for these advanced feature monitors due to their cost-effectiveness. The geriatric group segment dominates the segment and is expected to grow at the fastest rate because of the increasing elderly population that is vulnerable to chronic diseases and often requires immediate medical interventions. According to the WHO, there were around 962.3 million people aged 60 and above in 2017, and the number is expected to reach 2,080.5 million by 2050 globally, which is expected to impact the segment positively. 

The increasing number of premature births is likely to lead to the demand for pediatric multiparameter patient monitoring equipment. Around 15 million babies are born prematurely throughout the globe annually, and the number is growing YOY. These systems enable healthcare professionals to monitor heart rates, respiration levels, and vital organs to ensure the healthy growth of premature infants. The adult group segment is expected to grow gradually due to the increasing prevalence of chronic diseases such as diabetes, cancer, and asthma in the adult population. The change in lifestyle patterns, lack of physical activities, and the increasing work-related stress both in developed as well as developing countries are likely to promote the sales of these devices. The hospital segment is expected to grow during the forecast period due to the usage of patient monitoring devices in the emergency care setting, surgical units, and special wards to monitor the health condition regularly. The home care setting segment is expected to grow at a steady rate on account of the increasing awareness and adoption of home care monitoring systems. These devices enable to monitor vital signs at home and avoid regular hospital visits.

 This is considered to reduce hospital costs and help individuals to monitor their health regularly. Ambulatory surgery centers (ASCs) are likely to grow at the fastest rate as these centers are cost-effective and offer high-quality care with a minimal indirect treatment cost. Chronic disease patients that do not have insurance coverage are expected to prefer these healthcare settings over hospitals. The cost of surgeries in these centers is also significantly low than in hospitals. Hence, the demand for same-day discharge (SDD) procedures is rapidly increasing, and the demand for access to multiparameter patient monitoring devices is likely to increase in these centers. Market Segmentation by Devices • Portable/Compact • Fixed

Market Segmentation by Acuity Level • High Acuity • Mid Acuity • Low Acuity

Market Segmentation by Patient Group • Geriatric Group • Adult Group • Pediatric Group

Market Segmentation by End-user • Hospitals • ASCs • Homecare Settings • Others Insights by Geography In 2019, North America dominated the market. The region is expected to grow at a steady pace due to the increasing old age population, the moderate increase in the ICU admission, and the availability of advanced technology for RPM. The presence of a large pool of population with several chronic diseases, coupled with high acceptance of advanced and innovative multiparameter patient monitoring devices, is likely to support the region’s dominance in the global market. Europe is expected to gradually grow on account of the rising incidence of chronic diseases. There are likely to be more than 50 million people in Europe having more than one chronic disease. Germany, France, the UK, Italy, and Spain are the major revenue contributors to the European market. 

The high awareness levels of the availability of multiparameter monitoring devices, an increase in R&D investment for the development of innovative devices, and growing technological advancements in new product approvals/launches are expected to offer a positive impact on growth during the forecast period. The APAC region is expected to witness rapid growth during the forecast period. India and China together have a significant population with chronic diseases such as cancer and diabetes. The incidence of cancer in China and India was 4,285,033 and 1,157,294, respectively, in 2018. 

China is the major revenue contributor to the multiparameter patient monitoring market in APAC. Japan, India, South Korea, and Australia are expected to witness the significant growth rate because of the rise in healthcare expenditure and favorable public and private initiatives for an increase in healthcare access. Market Segmentation by Geography • North America o US o Canada • Europe o Germany o France o UK o Italy o Spain • APAC o Japan o China o India o South Korea o Australia • Latin America o Brazil o Mexico o Argentina • MEA o Turkey o Saudi Arabia o South Africa

Download The Sample PDF Report Here: https://www.sdki.jp/sample-request-91037 Insights by Vendors The market is highly competitive and characterized by the presence of global, regional, and local players offering multi-parameter patient monitoring devices. Key players are expected to maintain a strategic focus on North America and Europe as they are the top two major revenue contributors. Leading players are likely to focus on expanding portable/compact multiparameter monitors product portfolio as the demand for such devices is expected to increase among end-users. Local manufacturers, in particular, Chinese and Japanese manufacturers, are expected to offer stiff competition to global players. The market is likely to witness technological advancements and significantly affect new product launches. Global players are focusing on developing innovative products and expanding their product portfolio to remain competitive in the market. They are expected to invest extensively in R&D and product development related activities.

Key Vendors • NIHON KOHDEN • Koninklijke Philips • OSI Systems • Shenzhen Mindray Bio-Medical Electronics • GE Healthcare Other Vendors • Contec Medical Systems • Drägerwerk • AS-Motor • EPSIMED • GUANGDONG BIOLIGHT MEDITECH • Kizlonmedical • Lutech Industries • Mediana • MEDION HEALTHCARE • Opto Circuits (India) • SCHILLER • Skanray Technologies Key Market Insights The analysis of the multiparameter patient monitoring market provides sizing and growth opportunities for the forecast period 2022 - 2031.

• Offers sizing and growth prospects of the multiparameter patient monitoring market for the forecast period 2020–2031. • Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. • Includes a detailed analysis of growth drivers, challenges, and investment opportunities. • Delivers a complete overview of segments and the regional outlook of the multiparameter patient monitoring • Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.

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Global Patient Monitoring Devices Market worth $ 55.1 billion by 2025 : Availability of wireless monitoring devices

Integration of monitoring technologies in smartphones and wireless devices is a key trend in patient care, resulting in the introduction of remote monitoring systems, mobile cardiac telemetry devices, mobile personal digital assistant (PDA) systems, ambulatory wireless EEG recorders, and ambulatory event monitors are the key factors supporting the growth of the market.

According to the new market research report “Patient Monitoring Devices Market by Product (EEG, MEG, TCD, Pulse Oximeter, Spirometer, Fetal Monitor, Temperature Monitoring, MCOT, ECG, ICP, ILRs, Blood Glucose Monitoring, Blood Pressure Monitor), End-User (Hospitals, ASCs) – Global Forecast to 2025″, published by MarketsandMarkets™, the Patient Monitoring Devices Market is projected to reach USD 55.1 billion by 2025 from USD 36.4 billion in 2020, at a CAGR of 8.6% during the forecast period. Browse in-depth TOC on “Patient Monitoring Devices Market” 328 – Tables 39 – Figures 354 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=678 The growth of this market is mainly driven by the growing number of hospitals across major markets, increasing awareness about vital parameter monitoring for treatment and diagnosis of chronic diseases coupled with the increasing adoption of wearable and wireless patient monitoring devices for homecare. Moreover, rising R&D investments by the key players operating in the market to develop advanced monitoring devices coupled with growing funding & grants for commercialization and development of monitoring devices are other important factors to drive the market growth in the near future. As a result of the pandemic, during March 2020 and throughout the second quarter of 2020, access to customers to sell and implement the patient monitoring devices (such as neuromonitoring devices, weight monitoring devices) diminished as hospitals became primarily focused on the COVID-19 pandemic. The pandemic has led to a significant increase in the demand for remote monitoring and patient engagement solutions. COVID-19 has led to a significant surge in demand for patient monitoring systems, and manufacturers are increasingly focusing on expanding production to meet the increasing need for respiratory monitoring devices, multi-parameter monitoring devices, blood glucose monitoring devices, cardiac monitoring devices, temperature monitoring devices, hemodynamic/pressure monitoring devices, and fetal/neonatal monitoring devices. The ECG devices sub segment of cardiac monitoring devices products to hold major market share by 2025 Based on the product, the patient monitoring device market is segmented into blood glucose monitoring systems, cardiac monitoring devices, multiparameter monitoring devices, respiratory monitoring devices, temperature monitoring devices, hemodynamic/pressure monitoring devices, fetal and neonatal monitoring devices, neuromonitoring devices, weight monitoring devices and other patient monitoring devices. The cardiac monitoring devices products segment is further divided into ECG devices, event monitors, implantable loop recorders (ILRs), mobile cardiac telemetry (MCT) monitors, and smart/wearable ECG monitors. Among the cardiac monitoring devices products, the ECG devices segment held a major share of the market in 2019. The wide applications of ECG devices in CVD management are a major factor contributing to the growth of this market segment. Other factors supporting market growth include the low cost of ECG devices and the simplicity, easy-to-access nature, and compact & ergonomic design of these devices. Based on product, the blood glucose monitoring systems segment is expected to account for the largest share of the patient monitoring devices market in 2019 Based on type, the blood glucose monitoring systems market has been segmented into the self-monitoring blood glucose systems and continuous glucose monitoring system. Among these, the self-monitoring blood glucose systems sub-segment dominated the market in 2019. The major share of the segment is attributed to the rising adoption of integrated blood glucose monitoring systems in developing as well as developed countries. New products have been introduced in the market that allow for easier result interpretation. LifeScan, for example, launched the OneTouch Verio Flex in 2016, which comes with the ColorSure technology to determine if blood glucose levels are low or high. Many

manufacturers offer smartphone-connected meters that allow information transfer using Bluetooth. Request for sample pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=678 North America is expected to dominate the global patient monitoring market in 2019 North America, comprising the US and Canada, accounted for the largest share of the patient monitoring devices market in 2019. Increasing number of clinical trials validating patient monitoring devices and a growing number of approvals for patient monitoring. Are the major factors driving market growth in North America. Customers in North America are moving towards homecare patient monitoring, which requires non-invasive patient monitoring devices. This trend will have a positive impact on the market. Abbott Laboratories (US), HILL-ROM HOLDINGS, INC. (US), Drägerwerk AG & Co. KGaA (Germany), Edwards Lifesciences Corporation (US), OMRON Corporation (Japan), Masimo Corporation (US), Compumedics Limited (Australia), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Nihon Kohden Corporation (Japan), Natus Medical (US), Medtronic plc (Ireland), Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Getinge AB (Sweden), Boston Scientific Corporation (US), Dexcom, Inc. (US), Nonin (US), BIOTRONIK (Germany), SCHILLER (Switzerland), and BioTelemetry, Inc. (US), among othersare some of the major players operating in the global patient monitoring devices market. Browse Adjacent Markets: Medical Devices Market Research Reports & Consulting Browse Related Reports: Respiratory Care Devices Market by Product (Therapeutic (Ventilator, Mask, PAP Device, Inhaler, Nebulizer), Monitoring (Pulse Oximeter, Capnograph), Diagnostic, Consumables), End-User (Hospital, Home Care), Indication – Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/respiratory-care-368.html Cardiac Monitoring & Cardiac Rhythm Management Devices Market By Product CM (ECG (Holter Monitor), ILR, Event Monitor)), CRM ((Defibrillator (ICD) External (AED)), Pacemaker (CRT P, Dual Chamber Pacemaker)), End User – Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/cardiac-monitoring-advanced-technologies-and-global-market-55.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/patient-healthcare-monitoring-systems-devices-market.asp Visit Our Web

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Multiparameter Patient Monitoring Systems Market Worth $16.1 Billion By 2028

Multiparameter Patient Monitoring Systems Market Worth $16.1 Billion By 2028

The global multiparameter patient monitoring systems market size is anticipated to reach USD 16.1 billion by 2028, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Rising health concerns and resultant need to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems. The…

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Multiparameter Patient Monitoring Systems Market: Current Scenarios and Opportunities

Multiparameter Patient Monitoring Systems Market: Current Scenarios and Opportunities

The global Multiparameter Patient Monitoring Systems Market size is anticipated to reach USD 16.1 billion by 2028, expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc. Rising health concerns and resultant need to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems. The…

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Global and Regional Multi-Parameter Patient Monitoring Equipment Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027

The global Multi-Parameter Patient Monitoring Equipment market was valued at 372.19 Million USD in 2020 and will grow with a CAGR of 3.65% from 2020 to 2027, based on Our Researcher newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Multi-parameter patient monitoring equipment is a special device that is used for keeping track of the vital signs of patient`s health. This patient monitoring equipment is generally used in different hospital departments to monitor patients in their beds. The equipment measures blood pressure, etc. temperature, respiration rate and other data. If we speak of specialized versions, they include cardiac and fetal output, as well as neuromuscular monitors.The classification of Multi-parameter Patient Monitoring Equipment includes High-acuity Monitors, Mid-acuity Monitors and Low-acuity Monitors. The revenue proportion of High-acuity Monitors in 2017 is about 54.7%, Low-acuity Monitors is the fastest developing department. Europe countries are to improve care in low-acuity wards, as it will allow patients to be moved from expensive high-acuity wards sooner, while still being monitored to ensure they receive any necessary care. This is leading to demand for low-acuity monitors, to ensure all patients are monitored at all times. Multi-parameter Patient Monitoring Equipment is applied in Hospital and Home Health Care. The most of Multi-parameter Patient Monitoring Equipment is used in Hospital, and the market share in 2017 is about 67.9%. North America is the largest consumption place, with a revenue market share nearly 41.8% in 2017. Following North America, Asia-Pacific is the second largest consumption place with the revenue market share of 26.8% in 2017. The top three players of the Europe market for multi-parameter patient monitoring equipment is expected to witness an intense competitive scenario, the top three companies namely Nihon Kohden, GE Healthcare, and Philips Healthcare held a share of around 70.6% in the global multi-parameter patient monitoring equipment market in 2016. Product development is a key methodology embraced by them and other core players in this fundamentally oligopolistic market.

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By Market Verdors:

Philips Healthcare

GE Healthcare

Nihon Kohden

Dragerwerk

Mindray

OSI (Spacelabs)

Schiller

CAS Medical Systems

By Types:

High-acuity Monitors

Mid-acuity Monitors

Low-acuity Monitors

By Applications:

Infants & Young Children

Home Health Care

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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Table of content

Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.4.1 North America Market States and Outlook (2022-2027) 1.4.2 East Asia Market States and Outlook (2022-2027) 1.4.3 Europe Market States and Outlook (2022-2027) 1.4.4 South Asia Market States and Outlook (2022-2027) 1.4.5 Southeast Asia Market States and Outlook (2022-2027) 1.4.6 Middle East Market States and Outlook (2022-2027) 1.4.7 Africa Market States and Outlook (2022-2027) 1.4.8 Oceania Market States and Outlook (2022-2027) 1.4.9 South America Market States and Outlook (2022-2027) 1.5 Global Multi-Parameter Patient Monitoring Equipment Market Size Analysis from 2022 to 2027 1.5.1 Global Multi-Parameter Patient Monitoring Equipment Market Size Analysis from 2022 to 2027 by Consumption Volume 1.5.2 Global Multi-Parameter Patient Monitoring Equipment Market Size Analysis from 2022 to 2027 by Value 1.5.3 Global Multi-Parameter Patient Monitoring Equipment Price Trends Analysis from 2022 to 2027 1.6 COVID-19 Outbreak: Multi-Parameter Patient Monitoring Equipment Industry Impact Chapter 2 Global Multi-Parameter Patient Monitoring Equipment Competition by Types, Applications, and Top Regions and Countries 2.1 Global Multi-Parameter Patient Monitoring Equipment (Volume and Value) by Type 2.1.1 Global Multi-Parameter Patient Monitoring Equipment Consumption and Market Share by Type (2016

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Multiparameter Patient Monitoring Market Trends, Revenue, Major Players, Share Analysis & Forecast Till 2027

The latest report on the Global Multiparameter Patient Monitoring Market added by Reports and Data offers a holistic overview of the market growth, market size, revenue growth, industry overview and other key aspects of the market across various segments and key regions. The report bridges the data from 2018 to 2019 and offers and estimation up to 2028. The report is a comprehensive guide that provides insightful information about the market dynamics, current and emerging trends, product portfolio, growth prospects, competitive landscape, and consumer behavior. It provides an in-depth assessment of key factors contributing to and restraining market growth over the forecast period. The report also offers insights to help readers formulate strategic investment and business expansion plans and offers strategic recommendations to key companies and novice players to help them gain a robust footing in the market.

The research offered by the Multiparameter Patient Monitoring report has been formulated through key analytical tools and extensive primary and secondary research further validated and verified by industry experts, industry professionals and analysts. The report includes SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis to impart better understanding of the Multiparameter Patient Monitoring market dynamics.

Major Players Profiled in the Report:

Epsimed

KizlonMedical

Mediana, Medion Healthcare

Medtronics, Mindray

Opto India

OSI Systems

Philips Healthcare

Skanray Technologies

Spacehealth Labs

VOTEM

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Objectives of the study:

Our panel of expert analysts specializing in the value chain has conducted an exhaustive, industry-wide study to offer readers accurate insights into the future of the Multiparameter Patient Monitoring market and give key market players authentic information derived via both primary and secondary sources of data collection. Additionally, the report also comprises of inputs from our consultants, which can help companies make the most of the available market opportunities. It also offers a detailed breakdown of the sales of Multiparameter Patient Monitoring and the factors that could potentially influence the growth of the industry. The information provided in this report will be able to help readers capitalize on the available growth prospects.

Multiparameter Patient Monitoring Devices Market Segmentation

This report shows the revenue growth at a global, regional, and country level, and provides an analysis of the market trends in each of the sub-segments from 2017 to 2027. For this study, Reports and Data has segmented the Multiparameter patient monitoring devices market based on device type, acuity level, age group, and end-use.

By Device Type (Revenue, USD Million; 2017-2027)

Portable

Fixed

By Acuity Level (Revenue, USD Million; 2017-2027)

High-Acuity

Mid-Acuity

Low-Acuity

By Age Group (Revenue, USD Million; 2017-2027)

Adult

Pediatric

Geriatric

By End-Use (Revenue, USD Million; 2017-2027)

Hospitals

Homecare Settings

Ambulatory Surgical Centers

The key regions assessed in the report are:

North America (U.S.A., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The analysis objectives of the report are:

To know the Multiparameter Patient Monitoring Market size by pinpointing its sub-segments.

To study the important players and analyze their growth plans.

To analyze the amount and value of the Global Solvent Multiparameter Patient Monitoring Market, depending on key regions

To analyze the Multiparameter Patient Monitoring Market concerning growth trends, prospects, and also their participation in the entire sector.

To examine the Multiparameter Patient Monitoring Market size (volume & value) from the company, essential regions/countries, products and application, background information.

Primary worldwide Multiparameter Patient Monitoring Market manufacturing companies, to specify, clarify, and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis, and development plans for future.

Access Report Details @ https://www.reportsanddata.com/report-detail/multiparameter-patient-monitoring-market Highlights of the TOC:

Report Overview

1.1 Research Scope

1.2 Key Multiparameter Patient Monitoring market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

Global Growth Trends

2.1 Global Multiparameter Patient Monitoring market size

2.2 Latest Multiparameter Patient Monitoring market trends

2.3 Key growth trends

Competitive Landscape

3.1 Global Multiparameter Patient Monitoring market key players

3.2 Global Multiparameter Patient Monitoring size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Multiparameter Patient Monitoring market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

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Multiparameter Patient Monitoring Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2027

The Global Multiparameter Patient Monitoring Market research report published by Reports and Data offers a comprehensive evaluation of the Multiparameter Patient Monitoring market on the global scale and sheds light on the growth opportunities, prospects, and enables the readers to formulate strategic plans. The report also provides insightful data about the market capacities, technological advancements, R&D developments, and other key features influencing market growth. The report offers an in-depth analysis of the value chain, upstream and downstream factors, sales network and distribution channels, growth trends, driving and restraining factors, developments, production and consumption pattern, end-users, and regional segmentation. The report also offers relevant and useful information to help the new entrants and established companies strengthen their market position.

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The report provides extensive coverage of the supply chain, key players of the industry, consumer base, company profiles, production and consumption rate, primary applications, and other relevant data. It provides an in-depth assessment of the key companies operating in the market along with their company profiles, business overview, production and manufacturing capacity, product portfolio, financial standing, global position, and business expansion plans. It also studies recent mergers and acquisitions, joint ventures, product launches, partnerships, collaborations, and agreements among other. The report also provides insights into new entrants and their strategic alliances to gain a robust footing in the market.

Key Manufacturers in the Global Multiparameter Patient Monitoring Market:

Epsimed

KizlonMedical

Mediana, Medion Healthcare

Medtronics, Mindray

Opto India

OSI Systems

Philips Healthcare

Skanray Technologies

Spacehealth Labs

VOTEM

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The report also provides an extensive regional segmentation to offer the readers key insights into the spread of the market over key geographical regions. It covers production and consumption patterns, import/export, supply and demand, consumer demand and behavior, key trends, and presence of key players in each region. The report also offer a country-wise analysis to impart a better understanding of the revenue growth of the market in each region.

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

By Device Type (Revenue, USD Million; 2017-2027)

Portable

Fixed

By Acuity Level (Revenue, USD Million; 2017-2027)

High-Acuity

Mid-Acuity

Low-Acuity

By Age Group (Revenue, USD Million; 2017-2027)

Adult

Pediatric

Geriatric

By End-Use (Revenue, USD Million; 2017-2027)

Hospitals

Homecare Settings

Ambulatory Surgical Centers

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Key Questions Addressed in the Report:

What is the market size the global Multiparameter Patient Monitoring market is expected to reach over the forecast period? What is the expected CAGR?

What are the key segments of the market?

What are the key products and applications of the Multiparameter Patient Monitoring market?

What factors are expected to drive and restrain market growth over the forecast period?

What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?

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Thank you for reading our report. The report can be customized based on regional segmentation and competitive landscape. Kindly get in touch with us to know more and our team will ensure the report is well suited to meet your requirements.

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Multiparameter Patient Monitoring Market SWOT Analysis, Growth Rate of Top Manufacturers Profiles

Multiparameter Patient Monitoring Market SWOT Analysis, Growth Rate of Top Manufacturers Profiles

The global multiparameter patient monitoring market size was earmarked at USD 4,016.0 million by 2026 and is expected to grow at 4.2% CAGR during forecast period according to a study published by Polaris Market Research.  The prevalence of chronic diseases such as cancer and diabetes in developed and developing regions was prime driver to growth of multiparameter patient monitoring system.…