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Global Multi-Parameter Patient Monitoring Equipment Market, 2019-2027: Medtronic Plc, OSI Systems Inc, Schiller AG & Bosch Medical - ResearchAndMarkets.com

February 7, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Feb 7, 2020--

The “Global Multi-Parameter Patient Monitoring Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 To 2027” report has been added to ResearchAndMarkets.com’s offering.

The Multi-Parameter Patient Monitoring Equipment market was valued at US$ 3.10 Bn in 2019, expected to grow at a CAGR of 5.8% during the forecast period from 2019 to 2027.

Market Insights

Increasing prevalence of lifestyle diseases along with new FDA approval for portable devices will enhance the market growth globally

The global multi-parameter patient monitoring equipment market is growing efficiently from 2019 to 2027 attributed to the rise in incidences of lifestyle diseases, increased hospital admissions, new launch of portable and fixed equipment. Additionally, increased awareness of enhanced applications along with home care in the end-user segment will drive market growth. Multiparameter monitoring permits healthcare professionals to utilize significant patient clinical data in providing better-quality patient care. The upsurge in the geriatric population in the developed nations directly funds the overall market growth of these monitoring devices.

High acuity monitors further sub-segmented into critical care monitors, MRI compatible monitors, and perioperative monitors. High acuity monitors generated more than 50% of the total market revenue in the product segment. Increased need in critical care or ICUs in the hospitals will drive overall market growth. Increasing awareness for portable devices along with the launch of advanced equipment with integrated solutions are major key factors propelling the growth of the market.

The global market mainly is driven by the increasing prevalence of chronic diseases such as cardiovascular and respiratory-related diseases. More than 35 million people are suffering from COPD in Europe, Japan, and the USA. Nevertheless, the high cost of advanced equipment, unstructured reimbursement policies for medical care at home and less awareness of these products are some of the key factors limiting market growth. The U.S. generated maximum revenue in 2018 due to the existence of top manufacturers, enhanced home care patient monitoring, improved R&D and a significant pool of aging population with chronic conditions.

Top producers have improved their monitoring applications worldwide mainly in the hospital and home care industry; private and small-scale product manufacturers are also maximizing their business capacity with low-cost equipment sales in Asia, South America, and Eastern Europe region. External factors driving the growth include acquisitions of medical technology companies, new device launch, partnerships, FDA approval, awareness for higher safety & controlled monitoring and activities related to sales, technology expansion, and branding.

Key Market Movements:

Key Topics Covered:

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I - Secondary Research

1.3.2. Phase II - Primary Research

1.3.3. Phase III - Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global MPME Market

2.2. Global MPME Market, by Product Type, 2018 (US$ Mn)

2.3. Global MPME Market, by Application, 2018 (US$ Mn)

2.4. Global MPME Market, End User, 2018 (US$ Mn)

2.5. Global MPME Market, by Geography, 2018 (US$ Mn)

3. Market Dynamics

3.1. Introduction

3.1.1. Global MPME Market Value, 2017-2027, (US$ Mn)

3.2. Market Dynamics

3.2.1. Market Drivers

3.2.2. Market Restraints

3.3. Attractive Investment Proposition, by Geography, 2018

3.4. Market Positioning of Key Players, 2018

3.4.1. Major Strategies Adopted by Key Players

4. Global Multi-Parameter Patient Monitoring Equipment (MPME) Market, by Product Type , 2017-2027 (US$ Mn)

4.1. Overview

4.2. High-acuity Monitors

4.3. Mid-acuity Monitors

4.4. Low-acuity Monitors

5. Global Multi-Parameter Patient Monitoring Equipment (MPME) Market, by Application, 2017-2027 (US$ Mn)

5.1. Cardiology

5.2. Neurology

5.3. Respiratory

5.4. Fetal & Neonatal

5.5. Others (Weight Monitoring, Temperature Monitoring)

6. Global Multi-Parameter Patient Monitoring Equipment (MPME) Market, By End User, 2017-2027 (US$ Mn)

6.1. Hospitals

6.2. Clinics

6.3. Ambulatory Surgical Centers

6.4. Home Healthcare

7. North America Multi-Parameter Patient Monitoring Equipment (MPME) Market Analysis, 2017-2027 (US$ Mn)

7.1. Overview

7.1.1. North America MPME Market Value and Growth, 2017-2027, (US$ Mn)

7.2. North America MPME Market Value, By Product Type, 2017-2027 (US$ Mn)

7.3. North America MPME Market Value, By Application, 2017-2027 (US$ Mn)

7.4. North America MPME Market Value, By End User, 2017-2027 (US$ Mn)

7.5. North America MPME Market Value, By Region/Country, 2017-2027 (US$ Mn)

8. Europe Multi-Parameter Patient Monitoring Equipment (MPME) Market Analysis, 2017-2027 (US$ Mn)

9. Asia Pacific Multi-Parameter Patient Monitoring Equipment (MPME) Market Analysis, 2017-2027 (US$ Mn)

10. Rest of the World Multi-Parameter Patient Monitoring Equipment (MPME) Market Analysis, 2017-2027 (US$ Mn)

11. Company Profiles

11.1. AMD Global Telemedicine

11.2. Medtronic Plc

11.3. General Electric Company

11.4. Nihon Kohden Corporation

11.5. OSI Systems, Inc.

11.6. Masimo Corporation

11.7. Draeger, Inc.

11.8. Mindray Medical International Limited

11.9. Schiller AG

11.10. Contec Medical Systems Co., Ltd.

11.11. General Meditech, Inc.

11.12. Baxter International Inc.

11.13. Philips Healthcare

11.14. Becton, Dickinson and Company

11.15. Bosch Medical

11.16. Others

For more information about this report visit https://www.researchandmarkets.com/r/519fri

View source version on businesswire.com:https://www.businesswire.com/news/home/20200207005242/en/

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KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Research and Markets

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PUB: 02/07/2020 06:56 AM/DISC: 02/07/2020 06:56 AM

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