Multi-parameter patient monitoring equipment is a special device that is used for keeping track of the vital signs of patient’s health. This patient monitoring equipment is generally used in different hospital departments to monitor patients in their beds. The equipment measures blood pressure, etc. temperature, respiration rate and other data. If we speak of specialized versions, they include cardiac and fetal output, as well as neuromuscular monitors.
The classification of Multi-parameter Patient Monitoring Equipment includes High-acuity Monitors, Mid-acuity Monitors and Low-acuity Monitors. The revenue proportion of High-acuity Monitors in 2017 is about 54.7%, Low-acuity Monitors is the fastest developing department. Europe countries are to improve care in low-acuity wards, as it will allow patients to be moved from expensive high-acuity wards sooner, while still being monitored to ensure they receive any necessary care. This is leading to demand for low-acuity monitors, to ensure all patients are monitored at all times.
Multi-parameter Patient Monitoring Equipment is applied in Hospital and Home Health Care. The most of Multi-parameter Patient Monitoring Equipment is used in Hospital, and the market share in 2017 is about 67.9%.
North America is the largest consumption place, with a revenue market share nearly 41.8% in 2017. Following North America, Asia-Pacific is the second largest consumption place with the revenue market share of 26.8% in 2017.
The top three players of the Europe market for multi-parameter patient monitoring equipment is expected to witness an intense competitive scenario, the top three companies namely Nihon Kohden, GE Healthcare, and Philips Healthcare held a share of around 70.6% in the global multi-parameter patient monitoring equipment market in 2016. Product development is a key methodology embraced by them and other core players in this fundamentally oligopolistic market.
According to this study, over the next five years the Multi-Parameter Patient Monitoring Equipment market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 4490 million by 2024, from US$ 3610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Multi-Parameter Patient Monitoring Equipment business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Multi-Parameter Patient Monitoring Equipment market by product type, application, key manufacturers and key regions and countries.
This study considers the Multi-Parameter Patient Monitoring Equipment value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High-acuity Monitors
Mid-acuity Monitors
Low-acuity Monitors
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Infants & Young Children
Home Health Care
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Philips Healthcare
GE Healthcare
Nihon Kohden
Dragerwerk
Mindray
OSI (Spacelabs)
Schiller
CAS Medical Systems
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Multi-Parameter Patient Monitoring Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Multi-Parameter Patient Monitoring Equipment market by identifying its various subsegments.
Focuses on the key global Multi-Parameter Patient Monitoring Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Multi-Parameter Patient Monitoring Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Multi-Parameter Patient Monitoring Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Multi-Parameter Patient Monitoring Equipment . Industry analysis & Market Report on Multi-Parameter Patient Monitoring Equipment is a syndicated market report, published as Global Multi-Parameter Patient Monitoring Equipment Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Multi-Parameter Patient Monitoring Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.