Patient Monitoring Devices Market research report provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years. This market report also offers a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin. Proficient capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance and regulatory services come together to generate this world-class market research report. This Patient Monitoring Devices Market report is especially designed by keeping in mind the customer requirements which will ultimately assist them in boosting their return on investment (ROI).

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Prominent players:

Abbott Laboratories (US),

HILL-ROM HOLDINGS, INC. (US),

Drägerwerk AG & Co. KGaA (Germany),

Edwards Lifesciences Corporation (US),

OMRON Corporation (Japan),

Masimo Corporation (US),

Compumedics Limited (Australia),

Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China),

Nihon Kohden Corporation (Japan),

Natus Medical (US),

Medtronic plc (Ireland),

Koninklijke Philips N.V. (Netherlands),

GE Healthcare (US),

Getinge AB (Sweden),

Boston Scientific Corporation (US),

Dexcom, Inc. (US),

Nonin (US),

BIOTRONIK (Germany),

SCHILLER (Switzerland),

and BioTelemetry, Inc. (US), among others.

The patient monitoring devices market is projected to reach USD 55.1 billion by 2025 from USD 36.4 billion in 2020, at a CAGR of 8.6% during the forecast period.

The growth of the market is mainly attributed to technological advancements; increasing incidences of infectious diseases, and growing public and private investments, funding, and grants are driving the global patient monitoring devices market. However, complex regulatory frameworks that delay the approval of new patient monitoring devices is expected to challenge market growth to a certain extent.

A breakdown of the primary participants referred to for this report is provided below:

By Company Type: Tier 1–45%, Tier 2–34%, and Tier 3– 21%
By Designation: C-level–47%, Director-level–33%, and Others–20%
By Region: North America–35%, Europe–32%, Asia Pacific–25%, Latin America–6%, and the Middle East & Africa–2%
“In terms of products, blood glucose monitoring systems segment to register significant growth during the forecast period.”

Based on the product, the patient monitoring devices market is segmented into blood glucose monitoring systems, cardiac monitoring devices, multiparameter monitoring devices, respiratory monitoring devices, temperature monitoring devices, hemodynamic/pressure monitoring devices, fetal and neonatal monitoring devices, neuromonitoring devices, weight monitoring devices and other patient monitoring devices. Significant growth of the segment is attributed to the ongoing product approval of continuous glucose monitoring systems, advantages offered by continuous glucose monitoring systems over self-monitoring blood glucose systems, and technological advancements in the market. Continuous glucose monitoring systems offer a wide range of advantages over self-monitoring blood glucose systems, such as reduced cost, shortened detection time, and non-invasive detection. These advantages offered by the continuous glucose monitoring systems have led to the growth of this segment.

“hospitals segment is expected to account for the largest share of the patient monitoring devices market, by the end user”

On the basis of end-users, the patient monitoring devices market has been segmented into hospitals, ambulatory surgery centers, home care settings and other end users. The growth of this segment is attributed to the significant number of availability of state-of-the-art facilities for diagnosis, treatment, and disease management, as well as trained personnel, has ensured a steady demand for hospital-based care and the growing number of hospitals across major markets. The inflow of patients is considerably higher in hospitals as compared to other healthcare settings, which is another key driver for market growth. More screening and diagnostic procedures are conducted in hospitals than in other medical facilities, contributing to the large share of this end-user segment.

“Asia Pacific market is expected to grow at the highest CAGR during the forecast period.”

The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period majorly due to the heavy burden of infectious diseases, rising healthcare expenditure, and increasing geriatric population. Apart from this, the rising number of hospitals and ambulatory surgical centers in the APAC region is expected to propel the market for patient monitoring devices.

Research Coverage

This report studies the patient monitoring devices market based on product, end user, and region. It also covers the factors affecting market growth,analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).

Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

This report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios offered by the top players in the patient monitoring devices market
Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the patient monitoring devices market
Market Development: Comprehensive information on lucrative emerging regions
Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the patient monitoring devices market
Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.
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Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
Table 1 Inclusions & Exclusions
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown Of Primaries
Figure 2 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Estimation Methodology
Figure 3 Research Methodology: Hypothesis Building
2.2.1 Vendor Revenue-Based Market Estimation
Figure 4 Market Size Estimation: Vendor Revenue-Based Market Estimation
2.2.2 End User-Based Market Estimation
Figure 5 Market Size Estimation: End User-Based Market Estimation
2.2.3 Primary Research Validation
2.3 Data Triangulation Methodology
2.3.1 Market Breakdown And Data Triangulation
Figure 6 Data Triangulation Methodology
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary
Figure 7 Patient Monitoring Devices Market, By Product, 2020 Vs. 2025 (Usd Million)
Figure 8 Patient Monitoring Devices Market, By End User, 2020 Vs. 2025 (Usd Million)
Figure 9 Asia Pacific Market To Grow At The Highest Cagr During The Forecast Period 62

4 Premium Insights
4.1 Patient Monitoring Devices Market Overview
Figure 10 New Product Approvals And Launches-A Key Factor Driving The Growth Of The Patient Monitoring Devices Market Across The Globe 63
4.2 Patient Monitoring Devices Market, By Product
Figure 11 Blood Glucose Monitoring Devices To Account For The Largest Share Of The Market During The Forecast Period
4.3 Geographic Analysis: Patient Monitoring Devices Market, By Country/Region 65
Figure 12 Asia Pacific To Register The Highest Cagr During The Forecast Period 65
4.4 Patient Monitoring Devices Market Share, By End User
Figure 13 Hospitals To Account For The Largest Market Share During The Forecast Period 66
4.5 Geographical Snapshot Of The Patient Monitoring Devices Market
Figure 14 Market In China To Register The Highest Cagr During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 15 Patient Monitoring Devices Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Technological Advancements In Patient Monitoring Devices
5.2.1.1.1 User-Centric Design For Wearable Devices
5.2.1.1.2 Non-Invasive Hemodynamic Monitoring
5.2.1.1.3 Digital Sensors
5.2.1.1.4 Mobile-Grade Eeg Devices
5.2.1.2 Rising Prevalence Of Chronic Diseases
5.2.1.3 Availability Of Wireless Monitoring Devices
Table 2 Recent Product Innovations In The Patient Monitoring Devices Market
5.2.1.4 Growing Preference For Wearable Patient Monitoring Devices, Biosensors, And Smart Implants Among Healthcare Payers
5.2.1.5 Growing Investments, Funds, And Grants
5.2.2 Restraints
5.2.2.1 Risks Associated With Invasive Monitoring Devices
5.2.2.2 High Cost Of Patient Monitoring Products And Inadequate Reimbursement
5.2.3 Opportunities
5.2.3.1 Increasing Demand For Non-Invasive And Minimally Invasive Devices
5.2.3.2 Growing Demand For Patient Monitoring Devices In Non-Hospital Settings
5.2.4 Challenges
5.2.4.1 Lack Of Skilled Healthcare Professionals
5.2.4.2 Increasing Pricing Pressure On Market Players
5.3 Value Chain Analysis
Figure 16 Value Chain Analysis-Maximum Value Added During The Manufacturing Phase
Figure 17 Ecosystem
5.4 Regulatory Analysis
5.4.1 North America
5.4.1.1 Us
Table 3 Us Fda: Medical Device Classification
Table 4 Us: Medical Device Regulatory Approval Process
5.4.1.2 Canada
Table 5 Canada: Medical Device Regulatory Approval Process
Figure 18 Canada: Regulatory Approval Process For Medical Devices
5.4.2 Europe
Figure 19 Europe: Regulatory Approval Process For Medical Devices (Mdr
5.4.3 Asia Pacific
5.4.3.1 Japan
Table 6 Japan: Medical Device Classification Under Pmda
5.4.3.2 China
Table 7 China: Classification Of Medical Devices
5.4.3.3 India
5.5 Covid-19 Impact On The Patient Monitoring Devices Market

6 Patient Monitoring Devices Market, By Product

7 Patient Monitoring Devices Market, By End User

8 Patient Monitoring Devices Market, By Region

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