North America Cardiac Output Monitoring Devices Market is Expected to Reach $187.5 Million by 2020 at a CAGR of 7.6% From 2015 to 2020
PUNE, India, November 30, 2015 /PRNewswire/ --
According to the new Market Research Report "North America Cardiac Output Monitoring Devices Market By Type (Invasive, Minimally invasive, non-invasive), By End User (Hospitals, ambulatory care, others) - Analysis And Forecast To 2020", the cardiac output monitoring devices market in North America was valued at USD 135.6 million in 2014, and is expected to grow at a CAGR of 7.6% from 2015 to 2020.
Browse through the TOC of North America Cardiac Output Monitoring Devices Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The North America cardiac output monitoring devices market is expected to witness substantial growth in the coming years. Use of non-invasive cardiac output monitoring devices results in cost-saving. Favorable government initiatives and the contribution of various independent organizations will drive the growth of the cardiac output monitoring market.
Also, factors, such as the growing aging population, prevalence of various cardiovascular diseases, and increasing healthcare infrastructure facilities are driving the growth of this market.
Aging population in the region is expected to increase in the coming years, and hence there will be an increase in requirement of medical treatment. The rising average life expectancy of the population is expected to fuel the growth of the healthcare expenditure, which is consequently projected to boost the cardiac output monitoring devices market. However, increasing errors in non-invasive cardiac output monitoring devices and the limited budget for healthcare expenses by government restrains this growth.
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The growth and distribution of cardiac output monitors in the North American countries depends on the number of perioperative cares, critical care units, and the presence and dominance of key players in the market in the respective countries.
With the advancement of technology, there is an increased demand for minimally and non-invasive invasive devices, which are now being targeted by both the existing as well as new players. A number of technologies with less and minimal invasiveness are available in the market, as there is a recent trend for providing complete non-invasive solution to the patients.
Key Players of the North America Cardiac Output Monitoring Devices Market include:
Edwards Lifesciences Corporation (U.S.), Pulsion Medical Systems SE (Germany), Deltex Medical (U.K.), and LiDCO Group plc (U.K.), ICU Medical (U.S.), among other companies
The North America cardiac output monitoring devices market has been analyzed and segmented on the basis of technology, type, end user, and country.
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