New report published by Global Info Research which offers insights on the global Multi-Parameter Patient Monitoring Equipment market.
Multi-parameter patient monitoring equipment is a special device that is used for keeping track of the vital signs of patient’s health. This patient monitoring equipment is generally used in different hospital departments to monitor patients in their beds. The equipment measures blood pressure, etc. temperature, respiration rate and other data. If we speak of specialized versions, they include cardiac and fetal output, as well as neuromuscular monitors.
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Global Multi-Parameter Patient Monitoring Equipment Market: Forecast by Type / Application / Region
As for the new monitors, they are generally equipped with much better ECG filtering, as well as accurate NIBP – non-invasive arterial blood pressure. The integrating parameters enable monitoring on one display that speeds up the clinician’s decision-making process.
Monitoring of vital parameters can include several of the ones mentioned above, and most commonly include at least blood pressure and heart rate, and preferably also pulse oximetry and respiratory rate.
Market Segment by Manufacturers covers: Philips Healthcare, GE Healthcare, Nihon Kohden, Dragerwerk, Mindray, OSI (Spacelabs), Schiller, CAS Medical Systems.
Market Segment by Types covers: High-acuity Monitors, Mid-acuity Monitors, Low-acuity Monitors.
Market Segment by Applications be divided into: Infants & Young Children, Home Health Care.
In the last several years, Europe market of Multi-parameter Patient Monitoring Equipment developed steadily, with an average growth rate of 3.7%. In 2017, global sales revenue of Multi-parameter Patient Monitoring Equipment is nearly 3610 M USD; the actual sale is about 1310 thousand units.
The classification of Multi-parameter Patient Monitoring Equipment includes High-acuity Monitors, Mid-acuity Monitors and Low-acuity Monitors. The revenue proportion of High-acuity Monitors in 2017 is about 54.7%, Low-acuity Monitors is the fastest developing department. Europe countries are to improve care in low-acuity wards, as it will allow patients to be moved from expensive high-acuity wards sooner, while still being monitored to ensure they receive any necessary care. This is leading to demand for low-acuity monitors, to ensure all patients are monitored at all times.
Multi-parameter Patient Monitoring Equipment is applied in Hospital and Home Health Care. The most of Multi-parameter Patient Monitoring Equipment is used in Hospital, and the market share in 2017 is about 67.9%.
North America is the largest consumption place, with a revenue market share nearly 41.8% in 2017. Following North America, Asia-Pacific is the second largest consumption place with the revenue market share of 26.8% in 2017.
The top three players of the Europe market for multi-parameter patient monitoring equipment is expected to witness an intense competitive scenario, the top three companies namely Nihon Kohden, GE Healthcare, and Philips Healthcare held a share of around 70.6% in the global multi-parameter patient monitoring equipment market in 2016. Product development is a key methodology embraced by them and other core players in this fundamentally oligopolistic market.
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United States Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
Europe Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
North America Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
Asia-Pacific Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
China Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
EMEA Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
Global Multi-Parameter Patient Monitoring Equipment Market 2018 Forecast to 2023
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