Patient Monitoring Devices Market Explored in M&M Report Published at MarketPublishers.com05 May 2014 • by Natalie Aster
LONDON – The market for patient monitoring devices globally is forecast to reach nearly USD 22.174 billion by 2018, at a CAGR of 5.5% during 2014-2018. The key drivers include the increase in unhealthy lifestyle behaviours, fast growth of the elderly population, and technological advancements like the availability of portable equipment. The cardiac monitors segment is expected to keep on growing in the midterm and retain its leadership position in 2018. The segment owes its high growth rate to the surging demand for electrocardiogram (ECG) devices. Neuromonitoring devices will likely be the most rapidly growing segment in the oncoming years. The RPM (remote patient monitoring) devices segment is anticipated to see fast growth, majorly due to the latest advances in technology, governments’ strict regulations to curb the soaring health care costs, and new product developments.
North America, followed by Europe, was the top contributor to the patient monitoring devices market as of 2013, and it is poised for further growth in future, driven by the ageing population and lifestyle-related diseases. The patient monitoring devices marketplace in APAC is expected to post a higher CAGR in the offing, mainly driven by large populations and patients’ enhanced buying power.
Comprehensive report “Patient Monitoring Device/ Equipment/System Market by Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Multiparameter, Remote, Weight, Temperature), End-user (Hospitals, Home) - Global Forecast to 2018” developed by MarketsandMarkets (M&M) offers a comprehensive and unbiased analysis of the world market for patient monitoring devices.
The study assesses the market based on product segment, geography, and by end-user. It provides comprehensive market research data, historical and actual market size estimates, limelights the major trends in the market, pinpoints key market limiters and drivers, analyses emerging opportunities and prospects for growth. The study scrutinises the competitive landscape alongside profiling the 37 companies, as well as discusses the burning industry related themes. Moreover, a detailed 5-year market forecast up to 2018 is available.
Patient Monitoring Device/Equipment/System Market by Product (Blood Glucose, EEG, ECG, Capnography, Spirometer, Sleep Apnea, Pulse Oximeter, Fetal Doppler, Multiparameter, Remote, Weight, Temperature), End-user (Hospitals, Home) - Global Forecast to 2018
Published: April, 2014
Price: US$ 4,650.00
More comprehensive reports by the publisher can be found at M&M page.