Report Sellers has added a new market research report “Wireless Patient Monitoring- Global Market Outlook (2017-23)” to its offerings.
According to Report, Factors attributing the market growth are shortage of doctors and nurses, therapeutic treatment and growing incidence of cardiovascular disease, technological advancements in data recording, rise in the healthcare needs of the geriatric population. However, the lack of reimbursement, high cost and incapability to alert the caregiver for any complication are the restraints for the market growth. However, the increasing awareness for telemedicine and the replacement of older equipment with new wireless ones is likely to create an opportunity for the market. Security for the mobile monitoring devices, medico-legal issues and cost-effectiveness are few challenges witnessed by the market.
Based on application, for Diabetes Monitoring Device, the sensor implanted in the body identifies the level of glucose in blood. Recent developments in implantable sensors, can be used to incorporate insulin pumps, which allow for instant insulin administration. Consequently, there is high consumer demand for a continuous glucose monitoring system. Abbott launched the FreeStyle Navigator II CGM system in 2011 in some European countries.
Based on Product, Cardiac Monitoring System provides physicians the means to prescribe ambulatory cardiac monitoring procedures completely through wireless for their patients. The FDA cleared a portable cardiac monitoring device that offers ECG technology and a digital stethoscope for patients with heart disease. There are several FDA-approved ECG patch monitoring devices currently available. CardioMEMS is a passive, wireless, radiofrequency sensor implanted into the pulmonary artery that continuously monitors pulmonary artery pressure.
North America will dominate the market due to high purchasing power. Asia Pacific is expected to increase significantly due to increasing number of medical interventions.
Some of the key players in Global Wireless Patient Monitoring market are American TeleCare, Cardiocom, Carematix, Cybernet Medical Corporation, Drager Medical, GE Healthcare, Globalmedia Group, Honeywell HomMed, Infinium Medical, LifeWatch Technologies, MedtronicsInc, Philips Healthcare, St. Jude Medical and Welch Allyn.
Browse through the complete description and in-depth TOC on “Global Wireless Patient Monitoring Market”
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Global Wireless Patient Monitoring Market has been segmented by products covered, applications covered and regions covered
Diabetes Monitoring Device
Coronary Heart Disease Monitoring Device
Congestive Heart Failure Monitoring Device
Chronic Obstructive Pulmonary Disease Monitoring
Cancer Monitoring Device
Other Disease Monitoring
End Users Covered:
Other End Users
Respiratory Monitoring Devices
Cardiac Monitoring Devices
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
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