The major players in the patient monitoring devices market are Abbott Laboratories (U.S), Medtronic Plc (U.S.), GE Healthcare (U.K.), LifeWatch (Switzerland), Nihon Kohden (Japan), Omron Healthcare (Japan), Philips Healthcare (the Netherlands), Roche Diagnostics Limited (Switzerland), Honeywell International Inc (U.S.) and Siemens Healthcare (Germany).
The patient monitoring devices market is expected to grow at a CAGR of 5.6% to reach USD 24,762 Million by 2020
The market is driven by rise in the geriatric population, growing incidences of lifestyle diseases, increased use of home and remote monitors, and technological advancements like portability of equipment. However, the unpredictable reimbursement policies will restrain the growth of this market to an extent. The segments for companies to invest in the near future will be neuromonitors, remote patient monitoring (RPM) devices, and respiratory monitors.
The patient monitoring devices market is segmented into nine major segments, namely, hemodynamic, neurology, cardiac, respiratory, fetal and neonatal, multiparameter, remote patient monitors, temperature, and weight management monitors. The cardiac monitors segment is further sub divided into ECG, event monitors, and cardiac output sub segments. ECG was the leading segment owing to increasing population and growing incidences of cardiac and diseases such as diabetes and hypertension.
The neuromonitoring devices market is divided into EEG, TCD, MEG, cerebral oximeter, and ICP monitor. Out of these EEG was the leading segment owing to the growing incidences of neurodegenerative diseases. The respiratory monitors segment is segregated into capnographs, spirometer, anesthesia, sleep apnea, and pulse oximeter. Out of these the capnography segment accounted for the highest CAGR. The multiparameter monitors segment is further subdivided into low, mid, and high acuity. The growth will be majorly driven by the gradual increase in the use of low-acuity products in home setups.
With respect to end-users the patient monitoring devices market is divided into hospitals, home, and others such as research and diagnostics centers. Under this segment the home healthcare segment will observe high growth as a result of increased measures including stringent regulations and policies set by the government adopted by healthcare authorities to decrease the number of hospital admissions.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Hemodynamic Monitoring Devices
7 Neuromonitoring Devices
8 Cardiac Monitoring Devices
9 Fetal and Neonatal Monitoring Devices
10 Respiratory Monitoring Devices
11 Multi-Parameter Monitoring Devices
12 Remote Patient Monitoring Devices Market
13 Weight Monitoring Devices
14 Temperature Monitoring Devices
15 Patient Monitoring Devices Market, By Region
16 Competitive Landscape
17 Company Profiles
- Abbott Laboratories
- Ge Healthcare
- Honeywell International, Inc.
- Lifewatch Ag
- Medtronic Plc
- Nihon Kohden Corporation
- Omron Corporation
- Philips Healthcare
- Roche Diagnostics
- Siemens Healthcare
For more information visit http://www.researchandmarkets.com/research/l857n8/patient
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/patient-monitoring-deviceequipmentsystem-market-2016-2020---increasing-geriatric-population-to-propel-the-demand-for-monitoring-devices---research-and-markets-300276553.html
SOURCE Research and Markets