The Patient Monitors Market is segmented, By Product (Software Services, Devices), By Application (Cancer, Cardiovascular Diseases, Bronchitis, Diabetes, Infections, Others), By End User (Hospital Based Patients, Ambulatory Patients, Home Healthcare), and By Region - COVID-19 Impact Analysis and Forecast to 2028.
What are patient monitors?
Patient monitors are monitoring devices that continuously monitor the patient’s vital parameters, like blood pressure and heart rates, by employing a medical monitor and collecting medical (and other) data from individuals. Patient monitoring systems are widely accustomed record, measure, distribute and display combinations of biometric values like blood oxygen saturation levels (SPO2), heart rate, blood pressure, and temperature.
Key Players
Key players operating in the patient monitors market are-
- Abbott Laboratories (US)
- Baxter International Inc. (US)
- Boston Scientific Corporation (US)
- Becton
- Dickinson and Company (US)
- General Electric Company (GE Healthcare) (US)
- Johnson Johnson (US)
- Masimo Corporation (US)
- Medtronic Care Management Services LLC (US)
- Omron Corporation (Japan).
Market Dynamics
A significant surge in the number of hospitals using telehealth to provide healthcare services remotely is a key driving factor. Patient monitors help to reduce healthcare costs and reduce the burden on medical resources. Moreover, the growing prevalence of chronic diseases among consumers such as cancer, bronchitis, and diabetes, cardiovascular diseases, along with expanding geriatric populace is expected to bolster the market growth during the review period.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2022 to 2028.
The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
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This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
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