Hemodynamic Monitoring Systems Market by Product, Application and End-Use 2024: Global Market Insights Inc. Hemodynamic Monitoring Systems Market size is primarily driven by technological advancements in minimally invasive and noninvasive techniques used for hemodynamic monitoring. Increasing prevalence of lifestyle-related diseases, such as diabetes, hypertension, and obesity leading to cardiac disorders, will also stimulate the business growth. As per the WHO statistics, there were about 17.5 million deaths globally in 2012 due to cardiovascular diseases. Hemodynamic monitoring systems market size is expected to witness a considerable growth from 2016 to 2024. Favorable government initiatives to create awareness about cardiovascular and respiratory diseases will boost industry growth. For instance, the Indian government developed National Programme for Prevention and Control of Diabetes, Cardiovascular diseases, and Stroke (NPDCS) with an intention to improve public health.
Growing number of surgeries can be one of the driving factors for the hemodynamic monitoring systems market growth. As per the WHO estimates, approximately 359.5 million surgeries were performed in 2012.The critically ill patients and those who have undergone surgery need continuous assessment of hemodynamic parameters such as heart rate, oxygen perfusion, and blood pressure. This has escalated the demand for hemodynamic monitoring system. Rising geriatric population along with increasing investments for providing required healthcare facilities to the elderly will boost hemodynamic monitoring systems market growth. Favorable reimbursement policies in industrialized economies will push the market growth. However, adverse reactions, such as bleeding, thrombosis, pulmonary capillary necrosis, sepsis, and hemorrhage, associated with invasive hemodynamic monitoring will hinder the invasive hemodynamic monitoring market size. Hemodynamic monitoring systems based on product can be segmented into hemodynamic monitoring systems, disposables, and services. Hemodynamic monitoring systems include pulmonary artery catheters, cardiac output monitoring system, and others. The disposables segment dominates the hemodynamic monitoring systems market owing to its wide usage in casualty rooms and critical
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