Multiparameter Patient Monitoring Systems Market Analysis, Size, Growth, Share, Outlook & Forecast to 2027
The global multiparameter patient monitoring systems market size is expected to reach USD 15.4 billion by 2027 registering a CAGR of 5.5%, according to a new report by Grand View Research, Inc. Rising health concerns and resultant need to constantly monitor the health parameters of patients, before and after surgery is creating demand for multiparameter patient monitoring systems. The market growth is also supported by the increasing need for hospital transport, such as intrahospital or out-of-the-hospital transport. For special examination and therapy, hospitals require intrahospital transport, which calls for more continuous monitoring of vital signs including heart rate, blood pressure, blood oxygen saturation by pulse oximetry, and electrocardiography. Healthcare providers are continually looking for innovative products to provide superior quality of care, which is also expected to drive the market. Mobile solutions, data integration low-acuity monitoring remain key trends to improve the cost efficiency of patient monitoring solutions. Key companies are introducing advanced products, such as integrated remote monitoring solutions with added features of greater connectivity through cloud technology and WiFi. Browse Details of Report @ https://www.grandviewresearch.com/industryanalysis/multiparameter-patient-monitoring-systems-market
For instance, Radius-7 Pulse Co-Oximeters by Masimo Corp., which got U.S. FDA approval in March 2020. It is a wearable patient monitor with flexible functionality of WiFi, Bluetooth, and alarms.
Multiparameter Patient Monitoring Systems Market Report Highlights
The portable segment is anticipated to grow at the fastest CAGR of 6.1% from 2020 to 2027 due to growing home healthcare and easy mobility across different departments within the hospital
The hospital end-use segment led the market in 2019 due to high demand for modern healthcare facilities
North America held the maximum share of the global market in 2019 due to the availability of technologically advanced equipment and high quality of healthcare system
Asia Pacific is estimated to be the fastest-growing regional market during the forecast years due to increasing awareness about technologically advanced monitoring systems
Multiparameter Patient Monitoring Systems Market Segmentation Grand View Research has segmented the global multiparameter patient monitoring systems market based on device type, acuity level, age group, end use, and region: Multiparameter Patient Monitoring Systems Device Type Outlook (Revenue, USD Million, 2016 - 2027) Portable
Fixed
Multiparameter Patient Monitoring Systems Acuity Level Outlook (Revenue, USD Million, 2016 - 2027) High
Medium
Low
Multiparameter Patient Monitoring Systems Age Group Outlook (Revenue, USD Million, 2016 - 2027) Pediatric
Adult
Geriatric
Multiparameter Patient Monitoring Systems End-use Outlook (Revenue, USD Million, 2016 - 2027) Hospitals
Homecare Settings
Ambulatory Surgical Centers (ASCs)
Others
Get Sample Copy of Report @ https://www.grandviewresearch.com/industry-
analysis/multiparameter-patient-monitoring-systems-market/request/rs1 Multiparameter Patient Monitoring Systems Regional Outlook (Revenue, USD Million, 2016 - 2027) North America
o
U.S.
o
Canada
Europe o
U.K.
o
Germany
o
France
o
Italy
o
Spain
Asia Pacific o
India
o
Japan
o
China
o
Australia
o
South Korea
Latin America o
Brazil
o
Mexico
o
Argentina
o
Colombia Middle East & Africa o
South Africa
o
Saudi Arabia
o
UAE
List of Key Players of Multiparameter Patient Monitoring Systems Market Koninklijke Philips N.V.
GE Healthcare
Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
Drägerwerk AG & Co. KGaA
Medtronic PLC
Masimo Corporation
Skanray Technologies
SCHILLER
Spacelabs Healthcare
Smiths Medical
SternMed GmbH
Table of Content Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.1.1. Product Type 1.1.2. End-use 1.1.3. Regional scope 1.1.4. Estimates and forecast timeline 1.2. Research Methodology 1.3. Information Procurement 1.3.1. Purchased database 1.3.2. GVR’s internal database 1.3.3. Secondary sources 1.3.4. Primary research 1.4. Information or Data Analysis 1.4.1. Data analysis models 1.5. Market Formulation & Validation 1.6. Model Details 1.6.1. Commodity flow analysis (Model 1) 1.6.1.1. Approach 1: Commodity flow approach 1.6.2. Volume price analysis (Model 2) 1.6.2.1. Approach 2: Volume price analysis 1.7. List of Secondary Sources 1.8. List of Primary Sources 1.9. Objectives 1.9.1. Objective 1: Understanding the market dynamics 1.9.2. Objective 2: Understanding the market estimates and forecasts
1.9.3. Objective 3: Understanding the attributes such as strategy framework, competitor categorization 1.9.4. Objective 4: Understanding the key product and application scopes to conclude on the market size Continue…………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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