Market – Overview
The Global Patient Fluid Status Monitor Device Market is predicated at a CAGR of 8.32% during the forecast period (2022-2029).
A patient fluid status monitor device is a device that measures hydration in a patient and determines if the patient is dehydrated or retaining fluids in a clinical setting. Clinicians can optimize treatment regimens and hydration in heart failure patients by assessing fluid volume status; patient fluid status monitor devices are also employed to treat hypertension and ESRD patients.
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Market Dynamics
Innovations in the medical devices by the market players to diagnose the fluid content in the body are expected to drive in the forecast period.
Sensible Medical Innovations, an Israel-based company, has developed a new standard of care in lung fluid management. Sensible developed the ReDS medical radar technology from defence see-through wall application. The technology is well-positioned to be a game-changer in a wide range of applications and become the next-generation monitoring and imaging modality. Moreover, Sensible Medical Innovations’ non-invasive thoracic fluid status monitor gained FDA 510(k) clearance. The Sensible product is designed to track and manage patients with fluid management issues, such as those with heart failure, those on diuretics, and those recuperating from a coronary artery disease-related incident. It is intended for use in hospitals, hospital-like facilities, and home situations by skilled health care practitioners and patients under the supervision of a physician. Thus, the market is expected to drive in the forecast period from the above statements.
Market Segmentation
By Type
- Non-invasive
- Invasive
- Others
By Indication
- Kidney disease
- Congestive Heart Failure
- Dehydration
- Others
Competitive Landscape
Major key players in the patient fluid status monitor device market are Medtronic, Baxter, ImpediMed, Zynex Medical, Maltron, Serenno Medical, Deltex Medical Limited, and Sensible Medical Innovations LTD.
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