(PharmaNewsWire.Com, March 23, 2020 ) Market Overview “The Global Patient Monitoring Equipment Market was valued at USD xx million in 2018 and is forecasted to reach USD xx million by 2026, with a CAGR of xx% during the forecast period (2019-2026).
Market Growth Increase in aging population, growing incidence of chronic disorders, and rising preference for home and remote monitoring is majorly driving the demand for Patient Monitoring Equipment. Patient Monitoring Equipment measures or monitors the patient’s physiological parameters such as heart rate, respiratory rate, blood pressure, and pulse, etc., which facilitates quality care by making superior clinical-decision based on the data.
Market Segmentation The global Patient Monitoring Equipment market is segmented By type • Hemodynamic Monitoring Devices • Neuromonitoring Devices • Fetal and Neonatal Monitoring Devices • Respiratory Monitoring Devices • Multi-Parameter Monitoring Devices
Geographical Analysis • North America • Europe • South America • Asia Pacific • The Middle East and Africa
North America is leading the global market with a significant contribution from the US. The well-established healthcare industry, expertise in every segment of the diagnosis, technical advancements in this region are driving the demand.
The scope of this report The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
Key Companies The report profiles the following companies, which include • Abbott Laboratories • Roche Diagnostics • Siemens Healthcare • GE Healthcare • Others
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