Patient Monitor Market worth $26.2 Billion by 2022

15 Jun, 2016, 08:30 ET from ReportsnReports

PUNE, India, June 15, 2016 /PRNewswire/ --

Worldwide Patient Monitor markets are poised to achieve significant growth as a resurgence in tracking vital signs extends from the intensive care unit ICU and emergency department to all areas of the hospital, to patient transport venues, and to home outpatient treatment locations.

Patient monitor markets at $11 billion in 2015 are anticipated to reach $26.2 billion by 2022. Strong growth is predicated on the increasing reliance on multi-parameter patient monitors in every bed of the hospital, in multiple areas of specialized clinics, and in many rehab centers. Complete report on Patient Monitor Market spread across 615 pages, analysing 17 companies and provides 365 data tables and figures is now available at http://www.reportsnreports.com/reports/593909-patient-monitoring-equipment-market-shares-strategies-and-forecasts-worldwide-2016-to-2022.html .

Market growth occurs with the expansion of multi-parameter patient monitors connected to a central station beyond the intensive care unit to all floors of a hospital. Clinical care depends on monitoring. Vital signs monitors transmit data wirelessly directly to the electronic patient record, generating alerts if data is outside preset parameters. Patient monitor market is expanding the use base in the hospital and expanding use in rehab centers, clinical settings, and home.

Patient Monitor market systems are making resurgence because smaller, lighter, wireless units are less costly and more valuable in the context of treatment evaluations and recommendations. People who have cardiac or respiratory difficulty have more treatment options, making more extensive patient monitoring useful.

The patient monitor market driving forces for multi-parameter and specialized vital signs patient monitors relate to more societal willingness to pay for vigilance, an increase in vigilance of sick people at risk. Cardiac and respiratory symptoms are measured as vital sign shifts by patient monitors. Vital signs monitoring is a way to get a window into patient condition that can provide alerts when a small change signals a possible shift in patient condition. Hospital cardiac patient monitor market technology is a vital aid in providing treatment for severely ill patients.

Revitalization of patient monitor market is occurring because units are smaller, less costly, and more useful across a variety of venues. Patient monitoring is moving toward the ability to help with wellness and to participate in the wearables markets. As people shift resource toward medical treatment, patient monitor market equipment becomes a priority.

Lifestyle is supported by patient monitor market products that support earlier detection of disease conditions. Increasing market share has been achieved by providing value to the clinicians. The technical expertise of the sales force, the effectiveness of the distribution system, the strength of the dealers, and the availability of prompt and reliable service for products when addressed are able to help patient monitor market vendors achieve competitive advantage.

Companies Profiled 

Patient Monitor Market Leaders: Philips, General Electric (GE), Drager, Nihon Kohden, Fukuda Denshi, Hill-Rom / Welch Allyn, Mindray Medical, OSI / Spacelabs, Viterion, Maquet, Penlon, Criticare Systems, Medtronic, Biotronic, Care Innovations, Sotera, Mortara Instrument

Patient Monitor Market Participants: Abbott Labs, Alten Calsoft Labs, AMD Global Telemedicine, American Telecare, Boston Scientific, BPL Group / Penlon, Cardiocom, CardioNet, Care Innovations, Criticare Technologies, eCaring, Getinge Group / Maquet, Guangdong Biolight Meditech Co., , Ltd., HealthSense, Honeywell, Infinium, LifeWatch, Medtronic, NSD / Viterion, Opto Circuits, BPL Group / Penlon, Qualcomm Incorporated, Roche, Schiller, Sotera Wireless, Smiths Medical, St. Jude Medical, Vitaphone. Order a Copy of Report at http://www.reportsnreports.com/purchase.aspx?name=593909.

Another related report is Patient Monitoring Equipment World Report. This research offers Market Consumption / Products / Services For Over 200 Countries By 6 To 10-Digit Naics Product Codes By 3 Time Series: From 1997- 2015 And Forecasts 2016- 2023 & 2023-2028.

59 Market Research Chapters. Spreadsheet Chapters: Market Consumption - In US$ By Country By Product/Service By Year. Market, Financial, Competitive, Market Segmentation, Industry, Critical Parameters, Marketing Costs, Markets, Decision Makers, Performance, Product Launch.
World & National Report Market Database & Spreadsheets. Financial Spreadsheets & Databases. Industry Spreadsheets & Databases.  Data Includes Market Consumption By Individual Product / Service, Per-Capita Consumption, Marketing Costs & Margins, Product Launch Data, Buyers, End Users & Customer Profile, Consumer Demographics. Historic Balance Sheets, Forecast Financial Data, Industry Profile, National Data. Complete report available at http://www.reportsnreports.com/reports/375757-patient-monitoring-equipment-world-report.html.

Explore other reports on medical devices market at http://www.reportsnreports.com/market-research/medical-devices/.

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