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Patient Monitoring Systems Market (Equipments & Systems) Worth $18.9 Billion by 2016 - New Report by MarketsandMarkets
Date:12/26/2013

(PRWEB) December 26, 2013

The “Patient Monitoring Systems Market (2011 - 2016) - Global Trends, End-user & Value-Volume Analysis” analyzes and studies the major market drivers, restraints, and opportunities in regions such as North America, Europe, APAC, and Rest of the world.

Browse market data tables and in-depth TOC on “Patient Monitoring Systems Market”.
http://www.marketsandmarkets.com/Market-Reports/patient-healthcare-monitoring-systems-devices-market-678.html

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The patient monitoring systems market was worth $14.2 billion in the year 2011 and is expected to grow at a CAGR of 5.9% from 2011 to 2016 to reach $18.9 billion. Hemodynamic segment has the largest share (26.2%) followed by cardiac (23.2%) in the year 2011.

The global patient monitoring devices market is driven by increasing number of geriatric population, rising incidences of lifestyle diseases, home and remote monitoring and portability of devices.

The opportunities for companies already present in this market as well as a new entrant are huge. The future is going to be wireless, non-invasive and remote monitoring. With rising awareness of home monitoring and government implementing strict policies to reduce patient stay in hospitals, this market is poised to grow at a decent pace. Companies are forming joint-ventures and collaborations to exploit the partner’s core competencies and create innovative products to suit the needs of the patients.

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