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Exclusive Report on Multi-parameter Patient Monitoring Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Multi-parameter

The “Multi-parameter Patient Monitoring Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Multi-parameter Patient Monitoring Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Multi-parameter Patient Monitoring market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Multi-parameter Patient Monitoring Market Are:

  • Abbott Laboratories
  • AMD Global Telemedicine
  • Baxter International Inc.
  • Becton, Dickinson and Company
  • Bosch Medical
  • Boston Scientific Corporation
  • GE Healthcare
  • Medtronic PLC
  • Koninklijke Philips NV

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    Market Overview:

  • The multi-parameter patient monitoring market is expected to register a CAGR of 5% during the forecast period, 2019-2024. Unprecedented in human history, there has been a rapid growth of the aging population in the 21st century, resulting from declining mortality, and most importantly, from declining fertility. The phenomenon has led to a comparative decline in the proportion of children and an increase in working as well as the elderly population. Population aging has major social and economic significances. Currently, about two-thirds of the world’s elderly population live in developing countries. The increase in the aging population directly contributes to the growth of these devices. The aged patients who are unable to reach out to hospitals propel the demand for multi-parameter patient monitoring devices and services. Hence, the market for remote patient monitoring, wireless devices, and homecare healthcare services provided with the help of connectivity, like Wi-Fi and cloud, is growing day by day. Other factors, such as the rising incidences of chronic diseases due to lifestyle changes, need to contain healthcare expenditure, demand for home-based monitoring devices, and ease of use and portability of devices are also driving the growth of the multi-parameter patient monitoring market.

    Scope of the Report:

  • Multi-parameter monitors are devices that monitor various parameters, such as arterial blood pressure, heart rate, body and skin temperature, oximetry, and capnography, with a single device. These devices have become popular as they are small, portable, and user-friendly. Periodic reports and immediate alerts for any sudden changes in the health of sick patients may give people an opportunity to act quickly and save the life of the person in danger. Even from a personal health monitoring perspective, the ability to relay the collected health information to a doctor or a hospital for advanced or emergency assessment is a great asset to people.

    Multi-parameter Patient Monitoring Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Multi-parameter Patient Monitoring market?
    • What are the key market trends impacting the growth of the global Multi-parameter Patient Monitoring market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Multi-parameter Patient Monitoring market?
    • What are the market opportunities and threats faced by the vendors in the global Multi-parameter Patient Monitoring market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Multi-parameter Patient Monitoring market?

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    Key Market Trends:

    Portable Multi-parameter Patient Monitors Hold the Largest Market Share

    The rising awareness regarding healthcare and increasing concern for the constant monitoring of health parameters of patients, pre-and post-surgery, is expected to drive the growth of the overall market. Multi-parameter monitors are of two major types: portable and fixed; of which, the portable monitors are expected to dominate the market over the forecast period, owing to factors, such as growing home healthcare, ease of monitoring post-surgical recovery patients, rising ambulatory care facilities, and increasing adoption of remote patient monitoring. In addition, the competition among the major market players is on the rise, owing to growing technological advancements. Hence, the portable monitor’s segment is expected to retain its dominance over the forecast period.

    North America Dominates the Overall Multi-parameter Patient Monitoring Market

    North America dominated the overall multi-parameter monitoring market and the region is expected to retain its dominance over the forecast period as well. In 2017, the multi-parameter patient monitoring market in the United States held the largest market share in the North American region, due to the high quality of healthcare system and modern medical technology in the country. Additionally, the presence of a high percentage of the elderly population in the region is also likely to contribute to the growth of the multi-parameter patient monitoring market.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Multi-parameter Patient Monitoring Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Multi-parameter Patient Monitoring.

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    Report Objectives:

    • Analyzing the size of the Multi-parameter Patient Monitoring market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Multi-parameter Patient Monitoring market.
    • Determining the key dynamics of the Multi-parameter Patient Monitoring market.
    • Highlighting significant trends of the Multi-parameter Patient Monitoring market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Multi-parameter Patient Monitoring market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Multi-parameter Patient Monitoring market.

    Detailed TOC of Multi-parameter Patient Monitoring Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Incidences of Chronic Diseases due to Lifestyle Changes
    4.2.2 Increase in Aging Population
    4.2.3 Need to Contain Healthcare Expenditure
    4.2.4 Demand for Home-based Monitoring Devices
    4.2.5 Ease of Use and Portability of Devices
    4.3 Market Restraints
    4.3.1 Resistance from the Healthcare Industry Professionals toward the Adoption of Patient Monitoring Systems
    4.3.2 Stringent Regulatory Framework
    4.3.3 Lack of Proper Reimbursement
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Device Type
    5.1.1 Portable
    5.1.2 Fixed
    5.2 By Acuity Level
    5.2.1 High Acuity Level
    5.2.2 Medium Acuity Level
    5.2.3 Low Acuity Level
    5.3 By Target Area
    5.3.1 Cardiology
    5.3.2 Neurology
    5.3.3 Respiratory
    5.3.4 Fetal and Neonatal
    5.3.5 Weight Monitoring
    5.3.6 Temperature Monitoring
    5.3.7 Remote Monitoring
    5.3.8 Other Target Areas
    5.4 By End Users
    5.4.1 Hospitals
    5.4.2 Home Healthcare
    5.5 Geography
    5.5.1 North America
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.1.3 Mexico
    5.5.2 Europe
    5.5.2.1 Germany
    5.5.2.2 UK
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 Japan
    5.5.3.3 India
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Middle East & Africa
    5.5.4.1 GCC
    5.5.4.2 South Africa
    5.5.4.3 Rest of Middle East & Africa
    5.5.5 South America
    5.5.5.1 Brazil
    5.5.5.2 Argentina
    5.5.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Abbott Laboratories
    6.1.2 AMD Global Telemedicine
    6.1.3 Baxter International Inc.
    6.1.4 Becton, Dickinson and Company
    6.1.5 Bosch Medical
    6.1.6 Boston Scientific Corporation
    6.1.7 GE Healthcare
    6.1.8 Medtronic PLC
    6.1.9 Koninklijke Philips NV

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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