Patient Monitoring Device Market Report, Size, Share, Forecast 2024

Posted by Yash Chauhan on March 15th, 2019

Patient Monitoring Device Market

The global patient monitoring device market is growing at a significant rate, due to mounting occurrence chronic and lifestyle associated diseases and boosting demand for patient monitoring in remote and non-hospital settings. Different product contributed to the patient monitoring device market size.

The cardiovascular device market has witnessed high demand for ECG devices in the coming years due to the mounting occurrence of cardiovascular diseases and the advancement of technologically innovative devices.

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Accessibility of the wireless monitoring device and mounting occurrence of chronic and lifestyle associated diseases are the primary growth drivers for patient monitoring device market.

Boosting demand for patient monitoring in remote and non-hospital settings, expanding the geriatric population, mounting public health alertness and mounting healthcare expenditure is also facilitating the growth for the patient monitoring device market.

North America is the largest patient monitoring device market as in the region the occurrence of chronic and lifestyle associated diseases is increasing.

Asia is observed to witness the fastest growth in the patient monitoring device market, due to mounting healthcare expenditure.

Key players in the patient monitoring device market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe.

Medtronic PLC, Edward Lifesciences, Natus Medical, Masimo, Koninklijke Philips N.V., Nihon Kohden, Hill-Rom Holdings, Drägerwerk AG, Omron, and GE Healthcare are the key players offering patient monitoring device.

Source: VynZ Research

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Yash Chauhan

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Yash Chauhan
Joined: February 25th, 2019
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