(PRWEB) October 02, 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 (2011 - 2016) - Global Trends, End-user & Value-Volume Analysis.”
Early buyers will receive 10% customization on this report.
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.
Patient healthcare monitoring devices consist of equipments and technologies which assist physicians and medical practitioners in providing critical data on patients health status by measuring multiple parameters within the body such as blood pressure, oxygen concentration, heart beat rate, cardiac output, temperature, neural responses, reflexes, etc. These devices act as warning alarms to indicate any sudden lethal and non-lethal changes within the body.
Hospitals form a major share of end-users for this market; however, in the future home monitoring will prevail for some of the major equipment segments. Some other devices can be either used only in the operation theaters or ICUs or are very expensive, hence can only be used in a hospital set-up.
The key players in the patient monitoring systems market are Philips Healthcare (The Netherlands), GE Healthcare (UK), Omron Healthcare (Japan), Draeger Medical (Switzerland), MindRay Medical (China), Nihon Kohden (Japan), Masimo (U.S.), Covidien (Ireland), CareFusion (U.S.), Welch Allyn (U.S.), and Schiller AG (Switzerland) to name a few.
Browse Related Reports
Radiation Detection, Monitoring & Safety Market for Nuclear Power Plants, Homeland Security & Defense, Manufacturing Industry (Geiger Counter, Scintillator, Dosimeter, Area Process, Survey Meter, Portal Monitors) – Trends & Global Forecasts to 2017
Digital X-Ray Market by Types (Computational Radiography, Digital Radiography), Major Products (Flat Panel Detectors, CMOS, CCD, Software, X-ray Contrast Media) & by Applications (Chest Imaging, Mammography, Dental) - Forecast to 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/healthcare/medical-devices
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Read the full story at http://www.prweb.com/releases/patient-healthcare/monitoring-systems-market/prweb11183052.htm.
Copyright©2012 Vocus, Inc.
All rights reserved