Tag Archives: Global Multi-parameter Patient Monitoring Equipment Market

Multi-parameter Patient Monitoring Equipment Market Research Report Forecast to 2023

The primary driver for multi-parameter patient monitoring equipment in the coming years is expected to be the rising population of the geriatric. With their medical needs already at an all-time high, any increase in the near future will only lead to a significant pressure on the manufacturing rates of devices. This applies especially to multi-parameter patient monitoring equipment due to the growing number of patients suffering from respiratory and cardiac diseases.

Other factors promoting the use of multi-parameter patient monitoring equipment are the advancements in technology created recently that are making them more popular with wireless and mobile device users, and the massive surge of home healthcare services that are causing a high demand for mid- and low-acuity patient monitoring equipment.

Multi-parameter Patient Monitoring Equipment Market – Positive long-term growth outlook 2023

Close to 71% of the total value of global multi-parameter patient monitoring equipment market in 2014 was taken up by the top three players – Philips Healthcare, GE Healthcare, and Drägwerk AG & Co. KGaA. Product innovation is a key strategy adopted by them and other prominent players in this primarily oligopolistic market.

According to a new publication by Transparency Market Research, the threat of new entrants in the multi-parameter patient monitoring equipment market is expected to remain moderate. While the demand for the equipment is increasing, extremely strict guidelines and high initial costs of the monitors prevail, deterring many new entrants from gaining ground in the market.

Multi-parameter Patient Monitoring Equipment Market Research Report by Key Players Analysis

This report on the multi-parameter patient monitoring equipment market studies the current and future prospects of the global market. Multi-parameter patient monitoring enables monitoring of patient’s health and assists medical practitioners in deciding the treatment regimen as well as track the disease progression during treatment. Multi-parameter patient monitoring is effective in the management of post-acute care and chronic disease. Geriatric population is observed to be at a high risk of chronic diseases such as diabetes, hypertension, cardiovascular diseases and respiratory diseases. Thus, rising geriatric population propels the prevalence of chronic diseases leading to accentuate the growth of multi-parameter patient monitoring equipment market globally.

Multi-Parameter Patient Monitoring Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023

Latest industry research report on: Multi-Parameter Patient Monitoring Equipment Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

This report on the multi-parameter patient monitoring equipment market studies the current and future prospects of the global market. Multi-parameter patient monitoring enables monitoring of patient’s health and assists medical practitioners in deciding the treatment regimen as well as track the disease progression during treatment. Multi-parameter patient monitoring is effective in the management of post-acute care and chronic disease. Geriatric population is observed to be at a high risk of chronic diseases such as diabetes, hypertension, cardiovascular diseases and respiratory diseases. Thus, rising geriatric population propels the prevalence of chronic diseases leading to accentuate the growth of multi-parameter patient monitoring equipment market globally.

North America Continues to Take up Majority Demand for Multi-parameter Patient Monitoring Equipment

Close to 71% of the total value of global multi-parameter patient monitoring equipment market in 2014 was taken up by the top three players – Philips Healthcare, GE Healthcare, and Drägwerk AG & Co. KGaA. Product innovation is a key strategy adopted by them and other prominent players in this primarily oligopolistic market.

According to a new publication by Transparency Market Research, the threat of new entrants in the multi-parameter patient monitoring equipment market is expected to remain moderate. While the demand for the equipment is increasing, extremely strict guidelines and high initial costs of the monitors prevail, deterring many new entrants from gaining ground in the market.

Multi-parameter Patient Monitoring Equipment Market will rise to US$ 4.65 Billion by 2023

The primary driver for multi-parameter patient monitoring equipment in the coming years is expected to be the rising population of the geriatric. With their medical needs already at an all-time high, any increase in the near future will only lead to a significant pressure on the manufacturing rates of devices. This applies especially to multi-parameter patient monitoring equipment due to the growing number of patients suffering from respiratory and cardiac diseases.

Other factors promoting the use of multi-parameter patient monitoring equipment are the advancements in technology created recently that are making them more popular with wireless and mobile device users, and the massive surge of home healthcare services that are causing a high demand for mid- and low-acuity patient monitoring equipment.

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