The Business Research Company published its Patient Monitoring Devices Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Patient Monitoring Devices market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Patient Monitoring Devices market’s segments-1) By Type: Fetal And Neonatal Monitoring Devices, Weight Monitoring And Body Temperature Monitoring Devices And Equipment, Vital Parameter Monitoring Devices And Equipment, Remote Patient Monitoring Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Others
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables.
Subsegments covered: Fetal Monitoring Devices, Neonatal Monitoring Devices, Temperature Monitoring Devices, Weight Monitoring Devices, Cardiac Monitoring Devices, Neuromonitoring Devices, Respiratory Monitoring Devices, Hemodynamic Monitoring Devices, Multiparameter Monitoring Devices, Cardiac Monitors, Respiratory Monitors, Hematological Monitors, Vital Parameter Monitors And Others.
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https://www.thebusinessresearchcompany.com/report/patient-monitoring-devices-global-market-report-2020-30-covid-19-implications-and-growth
Patient Monitoring Devices Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global patient monitoring devices market is expected to grow from $13.8 billion in 2019 to $14.8 billion in 2020 at a compound annual growth rate (CAGR) of 7.4%. The growth can be contributed to the expanded use of certain remote monitoring devices such as temperature monitoring devices for patient monitoring during COVID-19 pandemic. FDA has given clearance to some of the noninvasive remote monitoring devices (including body temperature monitors, continuous glucose monitors) that are used to support patient monitoring, considering public health emergency, without prior submission of a premarket notification. The quick approvals and the use of temperature monitoring devices at hospitals, home and different locations where there is mass gathering, is certain to contribute to rapid growth of this market. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $18.7 billion in 2023.
Internet of Things (IoT) is increasingly being adopted in the healthcare industry for the manufacturing of remote patient monitoring devices. An IoT-based patient health monitoring system effectively uses the internet to track a patient’s health condition with the help of sensor systems that are implanted or embedded into the skin and enabled with wireless communication. They transmit the patient’s physiological parameters via cloud-based platforms aiding healthcare professionals to remotely measure the patient’s condition. The increased use of mobile technologies and smart devices by health experts pushed the development of IoT enabled remote patient monitoring devices.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Patient Monitoring Devices Market Characteristics
4. Patient Monitoring Devices Market Product Analysis
5. Patient Monitoring Devices Market Supply Chain
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20. Patient Monitoring Devices Market Competitive Landscape
21. Key Mergers And Acquisitions In The Patient Monitoring Devices Market
22. Market Background: Medical Equipment Market
23. Recommendations
24. Appendix
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Patient Monitoring Devices Market, 2019, By Region, Value ($ Billion)
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Table 133: Global Patient Monitoring Devices Market In 2023- Growth Countries
Table 134: Global Patient Monitoring Devices Market In 2023- Growth Segments
Table 135: Global Patient Monitoring Devices Market In 2023- Growth Strategies
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