Patient Monitoring Devices Market Trends and Global Forecasts to 2018.

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MarketsandMarkets Presents
Patient Monitoring Devices Market worth 22.2
Billion by 2018
http//www.marketsandmarkets.com/Market-Reports/pa
tient-healthcare-monitoring-systems-devices-market
-678.html
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The Patient Monitoring Device/ Equipment/System
Market by Product (Blood Glucose, EEG, ECG,
Capnography, Spirometer, Sleep Apnea, Pulse
Oximeter, Fetal Doppler, Multiparameter, Remote,
Weight, Temperature), End-user (Hospitals, Home)
- Global Forecast to 2018 provides a detailed
overview of the major drivers, restraints,
challenges, opportunities, current market trends,
and strategies impacting the global patient
monitoring devices market along with the
estimates and forecasts of the revenue and share
analysis. Browse 234 market data tables 47
figures in-depth TOC on Patient Monitoring
Devices Market http//www.marketsandmarkets.co
m/Market-Reports/patient-healthcare-monitoring-sys
tems-devices-market-678.html Early buyers will
receive 10 customization of  reports.          
      
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The global patient monitoring devices market will
reach 22,173.8 million by 2018 growing at a CAGR
of 5.5 during the forecast period
(20132018). The global patient monitoring
devices market is segregated into nine main
segments, namely, hemodynamic, neurology,
cardiac, respiratory, fetal and neonatal,
multiparameter, remote patient monitors,
temperature, and weight management monitors. The
driving factors of the patient monitoring market
include growing population size of the elderly,
rising incidences of unhealthy lifestyle, and
technological developments like portability of
equipment. The cardiac monitors segment had the
largest share in 2013 of the total patient
monitoring devices market, whereas
neuromonitoring devices segment will be the
fastest growing segment by 2018.
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The respiratory monitors segment is also expected
to grow at a high pace in the forecasted period.
This growth can be attributed to the rising
incidences of obstructive sleep apnea and the
rising alternate uses of capnographs. The remote
patient monitoring (RPM) devices segment is
expected to grow at a fast pace majorly driven by
government regulations to control the rising
healthcare costs. The technological innovations
and developments of products are contributing to
the market growth of RPM devices. The cardiac
monitors segment is further sub divided into ECG,
event monitors, and cardiac output sub segments.
ECG was the leading segment owing to expanding
old population and growing incidences of cardiac
and diseases such as diabetes and
hypertension.
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North America accounted for the highest share in
2013 and is poised to grow from 2013 to 2018. The
major growth factors contributing to the growth
of the North America market are the aging
population and lifestyle diseases that are
further adding to the overall prevalence of
chronic diseases. Europe was the second leading
contributor to the patient monitoring devices
market in 2013. However, the growth of this
region is expected to be sluggish in the forecast
period and is estimated to grow at a lower CAGR,
due to factors such as uneven reimbursement
policies, declining birth rates, and reduced
number of beds in hospitals. APAC is the most
promising region for patient monitoring devices
in the coming five years. It is expected to grow
at a higher CAGR over the forecast period.
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High population base and improved purchasing
power of patients will be the major drivers of
this market. Moreover, the economic instability
in the western countries enables the companies to
focus on the APAC region in order to meet their
revenue targets. The key players in the patient
monitoring devices market are Abbott Laboratories
(U.S), Covidien (Ireland), Drager Medical GmbH
(Germany), GE Healthcare (U.K.), Johnson
Johnson Inc. (U.S), Masimo Corporation (U.S),
Mindray Medical (China), Mortara Instrument Inc.
(U.S.), Natus (U.S.), Nihon Kohden (Japan), Nonin
Medical (U.S), Omron Healthcare (Japan), Philips
Healthcare (Netherlands), Roche Diagnostics
Limited (Switzerland) and Welch Allyn (U.S.).
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