In healthcare, monitoring would mean observation of disease, condition and/or one of the many medical parameters over time. It can be carried out by constantly measuring specific parameters with the help of a medical monitor and/or by constantly performing medical tests. The primary function of multi-parameter patient monitoring equipment is to keep a tab and display appropriate patient data for the purpose of medical assessment. The multi-parameter patient monitor displays readings such as respiratory rate, blood pressure, ECG, and heart rate. Hence, the vast vital usage multi-parameter patient monitoring equipment has enabled it the most popular preference in all the hospitals across the globe. It is because of this demand in the end-user industry of this market surged in 2014 and is predicted to dominate till around 2023. Multi-parameter patient monitoring equipment permits a steady and constant monitoring of patients inside the hospital and is very crucial and adhered part of hospital intensive care units (ICUs) and operation theatres, especially where significant care is required and depends on patient readings.
Top Manufactures Analysis of Hospital Patient Multi-Parameter Monitors: Cardiac Science, Drager, GE DATEX OHMEDA, Guangdong Biolight Meditech Co., Ltd. (Biolight), Huntleigh(Getinge AB）, Mindray, Mortara, Nihon Kohden, Opto Circuits
To Browse Complete Report, Click Here: http://www.qyresearchgroups.com/report/global-hospital-patient-multi-parameter-monitors-market-research-report-2016
The global hospital patient multi-parameter monitors market is predicted to approximately reach US $3.47 billion by the end of 2016 and further predicted to nearly reach US $4.65 billion by 2023, while surging at a CAGR of 4.4% during the forecast period in terms of revenue generated. The market of this industry is driven by factors such as increasing number of patients who are suffering from chronic diseases, and rising geriatric population. A few other factors which are contributing towards the lucrative growth of this market industry are positive rate of developments occurring in this market, for instance integration and improvement of home monitoring and remote monitoring. As the number of patients suffering from cardiac and respiratory diseases increase, the market for patient multi-parameter monitors will propel. Advanced and improved technologies developed recently are gaining more popularity owing to their wireless nature, this coupled with huge upsurge of home healthcare services are together fuelling this industry’s market. However, one of the major market restraints of this industry is the presence of various recent product recalls. With every product recall, the consumers are facing increased sense of brand confusion and this has resulted in questioning of certain major companies.
To Request Sample Copy of This Report: http://www.qyresearchgroups.com/request-sample/165650
Geographically, North America is expected to dominate the global market of this industry by garnering more than 50% of the total market revenue share by the end of 2023, owing to majority of the evolved medical care system, increasing elderly population, and the greater rate of patients with chronic illnesses. Following North America is the Asia Pacific and Europe markets. Europe has a higher percentage of geriatric population which requires regular monitoring and Asia Pacific is the most predicting region for positive growth in healthcare market segment. A few of the major market players of the Global Hospital Patient Multi-Parameter Monitors Market are Cardiac Science, Drager, GE DATEX OHMEDA, Guangdong Biolight Meditech Co., Ltd. (Biolight), Huntleigh(Getinge AB), Mindray, Mortara, Nihon Kohden, Opto Circuits, OSI, Philips, and Schiller.
QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world’s most complete and current database of expert insights on global industries, companies, products, and trends.
Room B1510, ShijiKemao Building, No.66, Zhongguancun East Road,
Haidian District, Beijing, 100190, China