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(Medical-NewsWire.com, October 16, 2017 ) The global patient monitoring market is expected to be around $32 billion by 2025. Some of the major factors driving the market growth are, increasing prevalence of geriatric population around the world, rise in prevalence of different chronic diseases such as diabetes, stroke, cancer and heart diseases and development and innovation in technologically advanced patient monitoring devices. According to the 2015 World Aging Population report by the UN, between 2015 and 2030, the global population aged 60 years and over is expected to grow by 56% from 901 million to 1.4 billion. This number is projected to rise up to 2.1 billion by 2050. With such significant rise in older population worldwide, the demand for advanced patient monitoring devices is set to rapidly increase over the forecast period. However, dearth of skilled and trained professionals to operate sophisticated monitoring devices is expected to hinder the market growth during the forecast period.
Major Key Player
Siemens AG
General Electric Company
Nihon Kohden
Omron Healthcare Inc.
Abbott Laboratories Inc.
F. Hoffmann-La Roche Ltd
Koninklijke Philips N.V.
Medtronic plc
BIOTRONIK SE & Co. KG
Masimo Corporation
Johnson & Johnson Services Inc.
LifeWatch AG (acquired by BioTelemetry, Inc.)
Smiths Medical (a part of Smiths Group plc).
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Patient Monitoring Devices Market Segmentation:
By Product:
• Cardiac Monitoring Devices
o Event Monitors
o Electrocardiogram (ECG) Devices
o Implantable Loop Recorders (ILR)
o Cardiac Output Monitoring (COM) Devices
• Respiratory Monitoring Devices
o Sleep Apnea Monitoring Devices
o Anesthesia Monitors
o Capnographs
o Pulse Oximeters
o Spirometers
• Neuromonitoring Devices
o Intracranial Pressure Monitors (ICP)
o Cerebral Oximeters
o Magnetoencephalography (MEG) Devices
o Electroencephalograph (EEG) Devices
o Transcranial Dopplers (TCD)
• Temperature Monitoring Devices
• Weight Monitoring Devices
• Multiparameter Monitoring Devices
• Fetal & Neonatal Monitoring Devices
o Fetal Doppler
o Electronic Fetal Monitoring devices (EFM)
o Ultrasound
• Remote Patient Monitoring Devices
• Hemodynamic Monitoring Devices
o Blood Glucose
o Blood Gas & Electrolyte Analyzers/Monitors
o Blood Pressure
o Cholesterol
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Table of Contents :
1.Introduction
2.Executive Summary
3.Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Share Analysis
3.3.Market Dynamics
3.3.1. Drivers
3.3.1.1.Increasing Geriatric Population Worldwide
3.3.1.2.Technological Advancements in Patient Monitoring Devices
3.3.1.3.Rising Prevalence of Chronic Disorders
3.3.1.4.Increasing Preference towards Home Healthcare by Patient Community
3.3.2. Restraints
3.3.2.1.Dearth of Skilled Professionals to Operate Sophisticated Patient Monitoring Devices
3.3.3. Opportunities
3.3.3.1.Emerging Markets to Offer Lucrative Growth Opportunities
4. .Patient Monitoring Devices Market, By Application
5. .Patient Monitoring Devices Market, By Application
6. .Patient Monitoring Devices Market, By Region
7. Company Profiles
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