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Asia Pacific Patient Monitoring Devices market 2018

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Patient Monitoring Devices Market is dominated by companies like Abbott Laboratories, GE Healthcare, Nihon Kohden, Omron Healthcare, Philips Healthcare, Siemens Healthcare, Medtronic PLC, Honeywell International Inc., Infinium Medical and Roche Diag
The Asia Pacific Patient Monitoring Devices market is projected to reach a market value of
USD 5.17 billion by 2023.
Overview:
According to a research by Elliot and Coventry, it is very vital that the subsequent eight
parameters of a patient should be monitored: oxygen saturation, temperature, pain, pulse,
blood pressure, level of consciousness, urine output, and respiration rate, which are monitored
with the assist of patient monitoring devices. Patient monitoring devices are used during minor
& major surgeries to monitor the patient’s physiological signs and associated complication.
Moreover, with the progression in wireless technology, these devices could be employed to
remotely monitor the physiological parameters of the patients. These devices are an essential
part of hospitals and other healthcare services that are likely to assist physicians conclude the
severity of any disease.
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Market views:
Asia Pacific Patient Monitoring Devices market value is expected to grow at 6.46% CAGR from
2018 to 2023 and it is estimated that the Asia Pacific market was valued at USD 3.78 billion in
2018 and is expected to reach USD 5.17 billion by 2023.
Drivers and restraints:
The major factors influencing the growth of the market include rising geriatric population,
increasing rate of lifestyle diseases, increasing preference for home and remote monitoring,
and accessibility of easy-to-use and portable devices. This report also tracks and analyzes
competitive developments of the key players in terms of market developments, product
portfolios, and financials. Moreover, factors such as increasing population size of the aged,
growing rate of unhealthy lifestyle and technological enhancements like portability of
equipment is further going to fuel the market growth.
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Partition of the Market:
The Asia Pacific Patient Monitoring Devices market is partitioned according to Product and End
User. With respect to Product, it is classified into Hemodynamic, Neurology, Cardiac,
Multiparameter, Remote Patient Monitors, Respiratory, Fetal and Neonatal, Temperature and
Weight Management Monitors. Hemodynamic monitoring devices are further sectioned into
blood glucose, blood gas & electrolyte analyzer, and blood pressure monitors. Neuromonitoring
devices are further sectioned into electroencephalograph devices, magnetoencephalography
devices, intracranial pressure monitors, transcranial Dopplers, and cerebral oximeters. Cardiac
monitoring devices are further categorized into electrocardiogram devices, Holter monitors,
event monitors, and others (implantable loop recorders, cardiac output monitoring devices, and
others). Fetal & neonatal monitoring devices are further divided into ultrasound devices,
Electronic Fetal Monitoring devices (EFM), Fetal Doppler and Others. Respiratory monitoring
devices are further classified into capnograph, spirometer, sleep apnea monitor, and pulse
oximeter. Multiparameter monitoring devices are further classified into high, mid, and low
acuity. This growth can be attributed to the rising incidences of obstructive sleep apnea and the
rising alternate uses of capnography. With respect to End User, it is categorized into Hospitals
and Home.
Geographically the market is partitioned into various regions namely India, China, Japan, South
Korea and Australia. Asia Pacific is the most capable region for patient monitoring devices in the
coming five years. It is anticipated to grow at a higher CAGR over the forecast period.
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Key players of the market:
The Asia Pacific Patient Monitoring Devices market is led by companies like Abbott
Laboratories, GE Healthcare, Nihon Kohden, Omron Healthcare, Philips Healthcare, Siemens
Healthcare, Medtronic PLC, Honeywell International Inc., Infinium Medical and Roche
Diagnostics Limited.
Scope of the Report:
The report offers an extensive examination of the business by giving the estimations of market
potential and gauges with most extreme granularity. Along this, the variables persuasive in
affecting the market flow and patterns are examined in detail at the item level. Further, the
execution of the market at the territorial and nation level is evaluated and the prospects with
high development potential are distinguished and discussed.
The key players in the business are profiled giving bits of knowledge on their money related
execution, advertise position and development techniques. Similar investigation on prime
strategical exercises of the market players depicting the key advancements like mergers and
acquisitions, coordinated efforts and an assessment of the focused condition inside the
business are given. The report additionally offers an expansive standpoint of the market
alongside proposals from industry specialists on the open doors for speculation action.
What else? Aside from the syndicated report, our in-house group has an aptitude and
involvement in planning custom reports to meet your particular research needs and help you in
settling on very much educated choices.
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Phone: +1-888-702-9626
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lokesh.mdf
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