Patient Monitoring Devices Market Expected to Reach USD 70.73 billion by 2030 | Business Intelligence Insights (BII)

Publisher Name : Business Intelligence Insights (BII) Publish Date : 2022-06-13  

     

As per Business Intelligence Insights (BII) study, the global Patient Monitoring Devices Market attained revenue growth of USD 37.10 billion in 2021 and it is projected to reach around USD 70.73 billion by 2030, growing at a 8.40% CAGR.

Patient monitoring systems measure, record, disseminate, and display biometric values such as heart rate, blood oxygen saturation levels (SPO2), blood pressure, and temperature. They're used to maintain track of patients on a regular basis, which can help avoid serious issues. The main purpose of these monitors is to alert critically ill patients when they are deteriorating rapidly or severely. Bedside monitors and remote monitoring are the two types of monitors available. Monitors are now available in a wearable version that enables for real-time monitoring thanks to technological advancements. According to the IHS, more than four million people will be able to check their health conditions remotely by 2020. (Information Handling Services).

The industry is being propelled forward by the growing elderly population and the implementation of remote patient monitoring systems. Furthermore, the increased prevalence of patients with diabetes, cancer, and atherosclerosis contributes to the market's positive growth. Collaborations between businesses, hospitals, and academic institutions are also anticipated to result in the release of new goods, helping to boost market revenue and growth. However, commercial expansion is hampered by the expensive cost of this technology and a lack of patient knowledge. Furthermore, government regulations and payment challenges may suffocate the patient monitoring equipment market.

To discover more about Business Intelligence Insights (BII) additional important drivers, trends, and challenges. Please fill out the form below to request a sample report. 

Patient Monitoring Devices Market: Companies Mentioned

•    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)
•    BioTelemetry, Inc. (US) 

Key Highlights of the Report

•    According to the WHO, cardiovascular diseases (CVDs) are the leading cause of mortality worldwide, with nearly 30.0 million people suffering a stroke or heart attack each year. As the prevalence of heart disease rises, demand for cardiac monitoring system devices rises, prompting major market participants to release new products to meet the need. In January 2020, Medtronic received FDA approval for Micra AV, the world's smallest pacemaker with atrioventricular synchronisation.

•    A significant share of the market is predicted to be accounted for by hospitals' increased emphasis on effective and early disease diagnosis, as well as the growing procedural volume in hospital settings. According to the American Heart Association (AHA), more than 209,000 people died in hospitals in the United States in 2016, with the number expected to climb to nearly 23.6 million by 2030. The large target patient population base (especially in emerging countries) prefers hospitals, the growing procedural volume in hospital settings, the growing emphasis on effective and early disease diagnosis in hospital settings, and hospitals' high budget for introducing various technologically advanced patient monitoring device products all contribute to this segment's large share.

•    Some of the factors driving the market in the region include the increased prevalence of chronic diseases, the presence of modern technology, and demand for wireless and portable systems aimed at lowering out-of-pocket expenditures. Major companies in the market, such as Edward Lifesciences, GE Healthcare, Masimo Corporation, and Natus Medial, are investing in research and development for more advanced patient monitoring device facilities, which will boost the market in the coming years. Increased R&D to develop novel sensor-based patient monitoring systems, rising prevalence of infectious diseases, safety concerns, and technological improvements in patient monitoring device goods are the primary drivers driving market expansion in North America. Others have focused their efforts on expanding their reach and capabilities.

•    The report contains qualitative and quantitative research on the global Patient Monitoring Devices Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Speak to our Analyst now!! to make the most of every opportunity by utilizing a competitive analysis built specifically for you.

Revenue-generating Segment Highlights

By Product
•    Blood Glucose Monitoring Systems
•    Cardiac Monitoring Devices
•    Respiratory Monitoring Devices
•    Temperature Monitoring Devices
•    Hemodynamic/Pressure Monitoring Devices
•    Fetal & Neonatal Monitoring Devices
•    Neuromonitoring Devices
•    Weight Monitoring Devices
•    Others

By End User
•    Hospitals
•    Ambulatory Surgery Centers
•    Home Care Settings
•    Other End Users

By Region
•  
 North America
o    U.S.
o    Canada
•    Europe 
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
•    Asia Pacific 
o    China
o    India
o    Japan
o    Rest of Asia Pacific
•    Latin America 
o    Brazil
o    Mexico
o    Rest of Latin America
•    Middle East and Africa 
o    UAE
o    South Africa
o    Rest of Middle East and Africa (MEA)

Ready to generate outstanding revenue opportunities with Business Intelligence Insights (BII)’ exclusive Patient Monitoring Devices market study. Highlights of the overall market will be included in the research, as well as frequently asked questions such as –

•  What are the historical and projected revenue figures, as well as the CAGR, for the forecast period?
•  What is the current trend taking place in the market space?
•  What are the business techniques that will influence competitive scenarios as well as the market's growth potential?
•  What market drivers, restraints, and challenges are influencing market demand and growth?
•  In the approaching years, which regions and segments will generate significant revenue and emerge as industry leaders?

 

The Patient Monitoring Devices Market report's competitive scenario examines, assesses, and positions firms based on a variety of performance characteristics. The financial performance of organizations over the last few years, growth plans, product innovations, new product launches, investments, market share growth, and so on are some of the elements analysed in this research. Don't wait any longer; take a comprehensive approach and achieve your business objectives with our Patient Monitoring Devices Market Forecast Report 2022- 2030 - Order Now!

About Us

Business Intelligence Insights is the global provider of market intelligence, consultancy services, and syndicated & customized reports. We are focused on assisting business leaders and suppliers in making decisions by providing timely and insightful market research and consulting services. We offer global, regional expertise in technology, industry, opportunities, trends, industry analysis, market data, and strategic guidance. Our analysis and insight help business professionals, executives, and investors make fact-based technology decisions and achieve their key business objectives. Our reports are featured with distinct research approaches, rigorous methodologies, and comprehensive sector coverage.

Contact Us:

Business Intelligence Insights (BII)
Sr. no. 53/2A/1, Office No. 15A, Fourth Floor A Building,
City Vista, Kharadi, Pune, Maharashtra 411014

Tel: +91-9356566332
Email: sales@businessintelligence-insights.com
Website: https://www.businessintelligence-insights.com/



Recent Press Releases

Smart Gas Meter Market Expected to Reach $2800.68 million by 2030| Business Intelligence Insights (BII)

Global Silicon Photonics Market Expected to Reach $ 3927.02 Million by 2028 | Business Intelligence Insights (BII)

Applicant Tracking System Market Expected to Reach USD 3616.00 million by 2030 | Business Intelligence Insights (BII)

Injection Molding Machine Market Expected to Reach $12.93 billion by 2030| Business Intelligence Insights (BII)

Printed Electronics Market Expected to Reach $35,951.3 Million by 2030 | Business Intelligence Insights (BII)

Global Ceramic Armor Market Expected to Reach $ 243.90 Billion by 2028 | Business Intelligence Insights (BII)

Last-Mile Delivery Market Expected to Reach $368.9 billion by 2030| Business Intelligence Insights (BII)

IOT Sensors Market Expected to Reach USD 58794.12 million by 2030 | Business Intelligence Insights (BII)

Global OKR Software Market Expected to Reach $4,374.81 Million by 2028 | Business Intelligence Insights (BII)

Vascular Closure Devices Market Expected to Reach $1464.81 million by 2028| Business Intelligence Insights (BII)

Electric vehicle charging infrastructure Market Expected to Reach USD 89.90 billion by 2028 | Business Intelligence Insights (BII)

Smart Pole Market Expected to Reach USD 31903.45 million by 2030 | Business Intelligence Insights (BII)

Hybrid Cloud Market Expected to Reach $227.51 billion by 2030| Business Intelligence Insights (BII)

Global In-Car Infotainment Market Expected to Reach $ 33162.56 Million by 2030 | Business Intelligence Insights (BII)

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Digital Identity Solutions Market Expected to Reach $55.99 billion by 2030| Business Intelligence Insights (BII)

Disposable Gloves Market Expected to Reach USD 16.40 billion by 2028 | Business Intelligence Insights (BII)

Commercial Drone Market Expected to Reach $ 6,651.3 Million by 2028 | Business Intelligence Insights (BII)

Point of Care [POC] Diagnostics Market Expected to Reach $67.15 billion by 2030| Business Intelligence Insights (BII)

Global Building Information Modeling Market Market Expected to Reach $10.01 Billion by 2028 | Business Intelligence Insights (BII)

Optical Fiber Market Expected to Reach $10,341.2 million by 2030| Business Intelligence Insights (BII)

Video Conferencing Market Expected to Reach USD 36.27 billion by 2030 | Business Intelligence Insights (BII)

Global MICE Market Expected to Reach $2465.6 billion by 2030| Business Intelligence Insights (BII)

Plant-Based Meat Market Expected to Reach $12,712.4 million by 2030| Business Intelligence Insights (BII)

Wealth Management Software Market Expected to Reach $ USD 9.7 billion by 2030| Business Intelligence Insights (BII)

Digital PCR Market Expected to Reach USD 1063.75 million by 2030 | Business Intelligence Insights (BII)

Veterinary Software Market Expected to Reach $906.1 Million by 2030 | Business Intelligence Insights (BII)

Lithium-ion battery recycling Market Expected to Reach $ 17.6 Billion by 2030 | Business Intelligence Insights (BII)

Patient Monitoring Devices Market Expected to Reach USD 70.73 billion by 2030 | Business Intelligence Insights (BII)

Oil Country Tubular Goods (OCTG) Market Expected to Reach $ 32.6 Billion by 2030 | Business Intelligence Insights (BII)

Portable Ultrasound Device Market Expected to Reach $ ,737.8 Million by 2030 | Business Intelligence Insights (BII)

Ready-To-Drink Cocktails Market Expected to Reach $2009.33 Million by 2030| Business Intelligence Insights (BII)

Facial Recognition Market Expected to Reach $13576.04 million by 2030| Business Intelligence Insights (BII)

Foot and Ankle devices Market Expected to Reach USD 6.689 billion by 2028 | Business Intelligence Insights (BII)

Global Contract Research Organization Services (CROs) Market Expected to Reach $155.9 Billion by 2030 | Business Intelligence Insights (BII)

Global Content Delivery Network (CDN) Market Expected to Reach $ 37.30 Billion by 2028 | Business Intelligence Insights (BII)

Global EVTOL Aircraft Market Expected to Reach $24.9 Billion by 2030 | Business Intelligence Insights (BII)

Global Fluorescence In Situ Hybridization (FISH) Imaging Systems Market Expected to Reach $ 1094.71 Billion by 2028| Business Intelligence Insights (BII)

Simulation Software Market Expected to Reach $ 34.61 Billion by 2030 | Business Intelligence Insights (BII)

Electronic Clinical Outcome Assessment (eCOA) Solutions Market Expected to Reach $ 3,349.5 Millionn by 2030 | Business Intelligence Insights (BII)

Global Active Pharmaceutical Ingredient (API) Market Expected to Reach $305.6 Billion by 2030 | Business Intelligence Insights (BII)

Warehouse Automation Market Expected to Reach $44.29 billion by 2030| Business Intelligence Insights (BII)

Global Endoscopy devices Market t Expected to Reach $ 73.1 Billion by 2030 | Business Intelligence Insights (BII)

Liquid Biopsy Market Expected to Reach $ 6365.03 Million by 2028 | Business Intelligence Insights (BII)

Rigid Plastic Packaging Market Expected to Reach $278.4 billion by 2030| Business Intelligence Insights (BII)

Global Solid State Battery Market Expected to Reach $260.52 Million by 2028 | Business Intelligence Insights (BII)

Plastic Recycling Market Expected to Reach USD 5688.47 billion by 2030 | Business Intelligence Insights (BII)

Smart Lighting Market Expected to Reach $44,515.40 million by 2030| Business Intelligence Insights (BII)

5G Security Market Expected to Reach $9,705.4 million by 2030| Business Intelligence Insights (BII)

Global Gene Therapy Market Expected to Reach $ 15594.00 Million by 2028 | Business Intelligence Insights (BII)

Clean Beauty Market Expected to Reach USD 13496.47million by 2028 | Business Intelligence Insights (BII)

Core Banking Software Market Expected to Reach $28.05 billion by 2030| Business Intelligence Insights (BII)

Smart Pills Technology Market Expected to Reach $6,321.6 million by 2030| Business Intelligence Insights (BII)

Personalized Medicine Market Expected to Reach USD 4.87 trillion by 2030 | Business Intelligence Insights (BII)

Global Endpoint Security Market Expected to Reach $ 21.2 Billion by 2030 | Business Intelligence Insights (BII)

Digital Twin Market Expected to Reach $110,941.6 Million by 2030 | Business Intelligence Insights (BII)

Patient Registry Software Market Expected to Reach $ 4,010.7 Million by 2030 | Business Intelligence Insights (BII)

Global Automotive Cybersecurity Market Expected to Reach $7681.28 Million by 2030 | Business Intelligence Insights (BII)

Value-Based Care Market Expected to Reach USD 9146.21 million by 2030 | Business Intelligence Insights (BII)

Natural Language Processing Market Expected to Reach $ 149.03 Billion by 2030 | Business Intelligence Insights (BII)

Smart Grid Market Expected to Reach $ 168.6 Billion by 2030 | Business Intelligence Insights (BII)

Global Edge computing Market Expected to Reach $123.89 billion by 2030| Business Intelligence Insights (BII)

Fuel Cell Market Expected to Reach $ 7,463.9 Million by 2030 | Business Intelligence Insights (BII)

Global Anti-aging Market Expected to Reach $86.2 Billion by 2030 | Business Intelligence Insights (BII)

Global ADAS Market Expected to Reach $ 28.80 Million by 2030 | Business Intelligence Insights (BII)

3D Cell Culture Market Expected to Reach $ 3,070.1 Million by 2028 | Business Intelligence Insights (BII)

Copyright © Business Intelligence Insights.