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Patient Monitoring Devices Market By Product (Vital Sign Monitors and Special Monitors), By Application (Cancer Treatment, Cardiovascular Diseases Treatment, Diabetes Treatment, Sleep Disorder Treatment and Weight Management and Fitness Monitoring) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Patient monitoring devices studied for the scope of the report consists of various products and applications. Rising prevalence of chronic diseases such as cardiovascular diseases, diabetes and obesity, increasing number of geriatric population suffering with respiratory diseases. Increasing number of surgical procedures performed and rising inclination towards healthcare monitoring devices and apps to maintain healthy lifestyle has resulted in the deep market penetration for the patient monitoring devices. The limiting factors related to this market are the dearth of skilled workforce to operate the devices, maintaining the tactical complications in the device hardware and software is costly.

In line with the scope of the report, the various products studied consists of vital sign monitors and special monitors. Vital sign monitors are further categorized as blood pressure monitor, heart rate monitor, pulse oximeter, respiratory rate monitor, temperature monitor and brain monitor. Special monitors are further sub segmented as anesthesia monitor, blood glucose monitor, fetal heart monitor, multi parameter monitor and others. Applications studied for the purpose of this research includes cancer treatment, cardiovascular diseases treatment, diabetes treatment, sleep disorder treatment and weight management and fitness monitoring. Market sizing and forecast has been reported for the duration of the report 2015-2025.

Geographical segmentation consist of major regions along with their major countries which are as follows:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of LATAM
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

For the geography segment the market size and forecast has been reported in the scope of the report.

Porter’s five forces model has been included in the report to understand the business analytics of the patient monitoring devices market. In the company profiles criteria’s such as inception, revenue sales, product portfolio and trending news has been included to understand the competition prevalent among important companies noticed in the patient monitoring devices market. The important players in global patient monitoring devices market are Abbott Laboratories, Inc., Boston Scientific Corporation, BioTelemetry, Inc., GE Healthcare, Medtronic plc, Nihon Kohden, Omron Healthcare, Philips Healthcare, Roche Diagnostics Limited and Siemens Healthcare.

Patient Monitoring Devices Market

Based on application, the patient monitoring devices market is categorized into

  • Cancer Treatment
  • Cardiovascular Diseases Treatment
  • Diabetes Treatment
  • Sleep Disorder Treatment
  • Weight Management and Fitness Monitoring

Patient Monitoring Devices Market

The patient monitoring devices are very useful in providing important real time data such as electrocardiograph, electroencephalograph, inspiratory and expiratory reserve volume etc., which are helpful in the patient health stabilization in intensive care unit. Blood glucose monitoring devices are equipped with healthcare apps which provides useful information such as food, medication, exercise, stress and other factors that affects the blood glucose. Cardiovascular disease treatment provides a lucrative market and currently holds the largest market share due to factors such as rising prevalence of cardiovascular complications, increasing rate of patients opting for angioplasty surgical procedures and ectopic heart beat conditions requires the need for ECG monitoring to prevent sudden cardiac arrest. Weight monitoring and fitness management are anticipated to be the fastest growing market majorly due to factors such as rising prevalence of obesity due to sedentary lifestyle, craving for junk food, lack of exercises etc., increasing public health awareness resulting in deep market penetration of fitness tracking devices and apps which are useful in weight loss program by increasing accountability, motivation and goal settings in order to maintain physical and mental fitness.

For the purpose of this study, the global patient monitoring devices market is categorized into the following regional and country specific markets:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

Patient Monitoring Devices Market
 

Center for Disease Control and Prevention 2015 chronic diseases accounts for 70 % death each year where the treatment accounts for most of the nation’s health care cost. North America is the leader of the patient monitoring devices market due to rising prevalence of chronic diseases due to unhealthy lifestyle, increasing government funding to supplement healthcare facilities with better patient monitoring devices and domicile of key players pioneering in manufacture of patient monitoring devices. The market growth in Europe is mainly attributed to increase in the number of patients suffering with chronic diseases in remote areas e.g. Eastern European countries and presence of manufacturers pioneering in technological advancement in the software and hardware of the patient monitoring devices. Asia Pacific will register an excellent growth due to huge population base suffering with chronic illness requiring immediate medical intervention, flourishing e-commerce industry to promote sales and supportive regulatory environment for patient monitoring devices. Moreover, factors such as developing healthcare infrastructure and establishment of subsidiaries by major players in the untapped markets are going to fuel the rapid growth of patient monitoring devices market in Latin America, and Middle East and Africa in the near future.   

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Published Date:  Dec 2017
Category:  Medical Devices
Report ID:   58865
Report Format:   PDF
Pages:   120
Rating:    4.4 (50)
Delivery Time: 24 Hours to 48 Hours   
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