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Global Medical Devices Market with Focus on Patient Monitoring Devices Market: Size, Trends and Forecasts (2019-2023)

March 2019 | 95 pages | ID: GD86360685CEN
Daedal Research

US$ 950.00

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SCOPE OF THE REPORT

The report titled “Global Medical Devices Market with Focus on Patient Monitoring Devices Market: Size, Trends and Forecasts (2019-2023)”, provides an in-depth analysis of the global medical devices market by value, by segments, by region, etc. and the global patient monitoring devices market by value, by product, by region, etc. The report also provides a regional analysis of the patient monitoring devices market, including the following regions: North America (the US & Canada), Europe, Asia pacific (China, India & Rest of Asia Pacific), Latin America (Brazil & Rest of Latin America) and Middle East and Africa.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall patient monitoring devices has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Patient monitoring devices is highly fragmented with many market players operating worldwide. Some patient monitoring devices market players operating on a local level while other players operating on a regional and global level. The manufacturers of patient monitoring devices produce different types of monitoring devices for different applications.

Further, key players of the market are Medtronic plc, General electric Company (GE Healthcare), Abbott Laboratories, and Koninklijke Philips N.V. (Philips Healthcare) are profiled with their financial information and respective business strategies.

Country Coverage
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Company Coverage
  • Medtronic plc
  • General Electric Company (GE Healthcare)
  • Abbott Laboratories
  • Koninklijke Philips N.V. (Philips Healthcare)
EXECUTIVE SUMMARY

A medical device refers to any instrument or machine, which is required to be used for the treatment, cure, prevention or diagnosis of different kinds of diseases. The main purpose of the medical devices is to help the healthcare professionals in improving the way they diagnose patients or to help patients overcome sickness or diseases.

Medical devices can be segmented on the basis of application, which include orthopedics, minimally invasive, cardiology, ophthalmology, wound care, patient monitoring, audiology, respiratory-anesthesia, uro-gynecology, neurology, aesthetics, robotics-navigation and others.

Patient monitoring devices are those devices that are used for monitoring patient’s conditions, such as blood pressure, heart rate, diabetes, respiratory rate, pulse, body temperature, oxygen saturation in human blood, etc. Nowadays, the two types of patient monitoring devices are commonly used, which are: Single Parameter Patient Monitoring Devices and Multi-Parameter Patient Monitoring Devices.

The patient monitoring devices market can be segmented on the basis of product (Vital Sign Monitors & Special Monitors); Application (Cardiology, Neurology, Respiratory, Fetal and Neonatal, Weight Management and Fitness Monitoring and Other Applications) and End-user (Home Healthcare, Ambulatory Care Centers, Hospitals and Other End Users).

The global Patient monitoring devices market has increased at a significant CAGR during the years 2014-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The market is expected to increase due to growing geriatric population, rapid urbanization, growing incidence of chronic diseases, increasing healthcare spending, etc. Yet the market faces some challenges such as high cost involved, stringent government regulations, etc.
1. EXECUTIVE SUMMARY

2. INTRODUCTION

2.1 Medical Devices: An Overview
  2.1.1 Purpose of Medical Devices
2.2 Medical Devices Segmentation: An Overview
  2.2.1 Medical Devices Segmentation by Application
2.3 Patient Monitoring Devices: An Overview
  2.3.1 Types of Patient Monitoring Devices
2.4 Patient Monitoring Devices Segmentation: An Overview
  2.4.1 Patient Monitoring Devices Segmentation by Product
  2.4.2 Patient Monitoring Devices Segmentation by Application
  2.4.3 Patient Monitoring Devices Segmentation by End-user

3. GLOBAL MARKET ANALYSIS

3.1 Global Medical Devices Market: An Analysis
  3.1.1 Global Medical Devices Market by Value
  3.1.2 Global Medical Devices Market by Segments (Orthopedics, Minimally Invasive, Cardiology, Ophthalmology, Wound Care, Patient Monitoring, Audiology, Respiratory-Anesthesia, Uro-Gynecology, Neurology, Aesthetics, Robotics-Navigation and Others)
  3.1.3 Global Medical Devices Market by Region (Americas, Asia Pacific, Western Europe, Central/Eastern Europe and Middle East/Africa)
3.2 Global Patient Monitoring Devices Market: An Analysis
  3.2.1 Global Patient Monitoring Devices Market by Value
  3.2.2 Global Patient Monitoring Devices Market by Product (Vital Sign Monitors and Special Monitors)
  3.2.3 Global Patient Monitoring Devices Market by Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
3.3 Global Patient Monitoring Devices Market: Product Analysis
  3.3.1 Global Vital Sign Monitors Market by Value
  3.3.2 Global Vital Sign Temperature Monitor Market by Value
  3.3.3 Global Vital Sign Blood Pressure Monitor Market by Value
  3.3.4 Global Vital Sign Pulse Oximeter Market by Value
  3.3.5 Global Vital Sign Others Monitors Market by Value
  3.3.6 Global Special Monitors Market by Value

4. REGIONAL MARKET ANALYSIS

4.1 North America Patient Monitoring Devices Market: An Analysis
  4.1.1 North America Patient Monitoring Devices Market by Value
  4.1.2 North America patient Monitoring Devices Market by Region (The US and Canada)
  4.1.3 The US patient Monitoring Devices Market by Value
  4.1.4 The US patient Monitoring Devices Market by Type (Wireless and Wired)
  4.1.5 The US Wired & Wireless patient Monitoring Devices Market by Value
  4.1.6 Canada Patient Monitoring Devices Market by Value
4.2 Europe Patient Monitoring Devices Market: An Analysis
  4.2.1 Europe patient Monitoring Devices Market by Value
4.3 Asia Pacific Patient Monitoring Devices Market: An Analysis
  4.3.1 Asia Pacific Patient Monitoring Devices Market by Value
  4.3.2 Asia Pacific Patient Monitoring Devices Market by Region (China, India and Rest of Asia Pacific)
  4.3.3 China Patient Monitoring Devices Market by Value
  4.3.4 India Patient Monitoring Devices Market by Value
  4.3.5 Rest of Asia pacific Patient Monitoring Devices Market by Value
4.4 Latin America Patient Monitoring Devices Market: An Analysis
  4.4.1 Latin America patient Monitoring Devices Market by Value
  4.4.2 Latin America patient Monitoring Devices Market by Region (Brazil and Rest of Latin America)
  4.4.3 Brazil Patient Monitoring Devices Market by Value
  4.4.4 Rest of Latin America patient Monitoring Devices Market by Value
4.5 Middle East and Africa Patient Monitoring Devices Market: An Analysis
  4.5.1 Middle East and Africa patient Monitoring Devices Market by Value

5. MARKET DYNAMICS

5.1 Growth Driver
  5.1.1 Growing Geriatric Population
  5.1.2 Rising Affordability
  5.1.3 Rapid Urbanization
  5.1.4 Growing Incidence of Chronic Diseases
  5.1.5 Increasing Healthcare Spending
  5.1.6 Escalating Life Expectancy
  5.1.7 Surge in the Number of People with Diabetes
5.2 Challenges
  5.2.1 High Cost Involved
  5.2.2 Stringent Government Regulations
5.3 Market Trends
  5.3.1 Integration of Internet of Things (IoT) Features into Medical Devices
  5.3.2 Easy Availability of Wireless Patient Monitoring Devices
  5.3.3 Growing Preference of Point-of-Care Diagnostics/Testing

6. COMPETITIVE LANDSCAPE

6.1 Global Patient Monitoring Devices Market Players: A Financial Comparison
6.2 Global Patient Monitoring Devices Market Players by Research & Development (R&D) Expense Ratio

7. COMPANY PROFILES

7.1 Medtronic plc
  7.1.1 Business Overview
  7.1.2 Financial Overview
  7.1.3 Business Strategy
7.2 General Electric Company (GE Healthcare)
  7.2.1 Business Overview
  7.2.2 Financial Overview
  7.2.3 Business Strategy
7.3 Abbott Laboratories
  7.3.1 Business Overview
  7.3.2 Financial Overview
  7.3.3 Business Strategy
7.4 Koninklijke Philips N.V. (Philips Healthcare)
  7.4.1 Business Overview
  7.4.2 Financial Overview
  7.4.3 Business Strategy

LIST OF FIGURES

Figure 1: Purpose of Medical Devices
Figure 2: Medical Devices Segmentation by Application
Figure 3: Types of Patient Monitoring Devices
Figure 4: Patient Monitoring Devices Segmentation by Product
Figure 5: Patient Monitoring Devices Segmentation by Application
Figure 6: Patient Monitoring Devices Segmentation by End-user
Figure 7: Global Medical Devices Market by Value; 2016-2018 (US$ Billion)
Figure 8: Global Medical Devices Market by Value; 2019-2023 (US$ Billion)
Figure 9: Global Medical Devices Market by Segments; 2018 (Percentage, %)
Figure 10: Global Medical Devices Market by Region; 2016-2023 (US$ Billion)
Figure 11: Global Patient Monitoring Devices Market by Value; 2014-2018 (US$ Billion)
Figure 12: Global Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 13: Global Patient Monitoring Devices Market by Product; 2018 (Percentage, %)
Figure 14: Global Patient Monitoring Devices Market by Region; 2018 (Percentage, %)
Figure 15: Global Vital Sign Monitors Market by Value; 2016-2018 (US$ Billion)
Figure 16: Global Vital Sign Monitors Market by Value; 2019-2023 (US$ Billion)
Figure 17: Global Vital Sign Temperature Monitor Market by Value; 2016-2018 (US$ Billion)
Figure 18: Global Vital Sign Temperature Monitor Market by Value; 2019-2023 (US$ Billion)
Figure 19: Global Vital Sign Blood Pressure Monitor Market by Value; 2016-2018 (US$ Billion)
Figure 20: Global Vital Sign Blood Pressure Monitor Market by Value; 2019-2023 (US$ Billion)
Figure 21: Global Vital Sign Pulse Oximeter Market by Value; 2016-2018 (US$ Billion)
Figure 22: Global Vital Sign Pulse Oximeter Market by Value; 2019-2023 (US$ Billion)
Figure 23: Global Vital Sign Others Monitors Market by Value; 2016-2018 (US$ Billion)
Figure 24: Global Vital Sign Other Monitors Market by Value; 2019-2023 (US$ Billion)
Figure 25: Global Special Monitors Market by Value; 2016-2018 (US$ Billion)
Figure 26: Global Special Monitors Market by Value; 2019-2023 (US$ Billion)
Figure 27: North America Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 28: North America Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 29: North America Patient Monitoring Devices Market by Region; 2018 (Percentage, %)
Figure 30: The US Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 31: The US Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 32: The US Patient Monitoring Devices Market by Type; 2018 (Percentage, %)
Figure 33: The US Wired & Wireless Patient Monitoring Devices Market by Value; 2016-2023 (US$ Billion)
Figure 34: Canada Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 35: Canada Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 36: Europe Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 37: Europe Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 38: Asia Pacific Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 39: Asia Pacific Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 40: Asia Pacific Patient Monitoring Devices Market by Region; 2018 (Percentage, %)
Figure 41: China Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 42: China Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 43: India Patient Monitoring Devices Market by Value; 2016-2018 (US$ Million)
Figure 44: India Patient Monitoring Devices Market by Value; 2019-2023 (US$ Million)
Figure 45: Rest of Asia pacific Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 46: Rest of Asia Pacific Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 47: Latin America Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 48: Latin America Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 49: Latin America Patient Monitoring Devices Market by Region; 2018 (Percentage, %)
Figure 50: Brazil Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 51: Brazil Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 52: Rest of Latin America Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 53: Rest of Latin America Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 54: Middle East and Africa Patient Monitoring Devices Market by Value; 2016-2018 (US$ Billion)
Figure 55: Middle East and Africa Patient Monitoring Devices Market by Value; 2019-2023 (US$ Billion)
Figure 56: Global Aging Population by Region; 2010-2040 (Percentage, %)
Figure 57: Global GDP in PPP Terms; 2000-2020 (US$ Trillion)
Figure 58: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 59: The US Chronic Diseases Growth Rates; 2016-2025 (Percentage, %)
Figure 60: Global Healthcare Spending; 2017-2022 (US$ Billion)
Figure 61: Global Life Expectancy; 2015-2040 (Years)
Figure 62: Global Diabetic Population by Region; 2017 & 2045 (Million)
Figure 63: Global IoT Healthcare Market; 2017-2023 (US$ Billion)
Figure 64: Global Wireless Patient Monitoring Devices Market; 2017-2023 (US$ Million)
Figure 65: Global Point-of-Care Diagnostics/Testing Market; 2018-2024 (US$ Billion)
Figure 66: Global Patient Monitoring Devices Market Players by Research & Development (R&D) Expense Ratio; 2018 (percentage, %)
Figure 67: Medtronic plc Net Sales; 2014-2018 (US$ Billion)
Figure 68: Medtronic plc Net Sales by Segments; 2018 (Percentage, %)
Figure 69: Medtronic plc Net Sales by Region; 2018 (Percentage, %)
Figure 70: General Electric Company Revenues; 2014-2018 (US$ Billion)
Figure 71: General Electric Company Revenues by Segments; 2018 (Percentage, %)
Figure 72: General Electric Company Revenues by Region; 2018 (Percentage, %)
Figure 73: Abbott Laboratories Net Sales; 2014-2018 (US$ Billion)
Figure 74: Abbott Laboratories Net Sales by Segments; 2018 (Percentage, %)
Figure 75: Abbott Laboratories Net Sales by Region; 2018 (Percentage, %)
Figure 76: Koninklijke Philips N.V. Sales; 2014-2018 (US$ Billion)
Figure 77: Koninklijke Philips N.V. Sales by Segments; 2018 (Percentage, %)
Figure 78: Koninklijke Philips N.V. Sales by Region; 2018 (Percentage, %)
Table 1: Global Patient Monitoring Devices Market Players: A Financial Comparison; 2018


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