Europe Patient Monitoring Devices Market 2018
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<strong>Europe</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> <strong>Market</strong><br />
<strong>Europe</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> market Price and Growth analysis:<br />
<strong>Europe</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> market is anticipated to grow at 5.72% CAGR from <strong>2018</strong><br />
to 2023 and it is estimated that the <strong>Europe</strong> market was valued at USD 5.18 billion in <strong>2018</strong> and<br />
is expected to reach USD 6.84 billion by 2023.<br />
According to a research by Elliot and Coventry, it is very important that the following eight<br />
parameters of a patient should be monitored: oxygen saturation, temperature, pain, pulse,<br />
blood pressure, level of consciousness, urine output, and respiration rate, which are<br />
monitored with the help of patient monitoring devices. <strong>Patient</strong> monitoring devices are used<br />
during minor & major surgeries to monitor the patient’s physiological signs and related<br />
complication. Moreover, with the advancement in wireless technology, these devices could<br />
be used to remotely monitor the physiological parameters of the patients. These devices are<br />
an integral part of hospitals and other healthcare facilities that are expected to help<br />
physicians determine the severity of any disease.<br />
<strong>Europe</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> market Drivers and Restraints:<br />
The major factors influencing the growth of the market include increasing geriatric<br />
population, rising incidence of lifestyle diseases, growing preference for home and remote<br />
monitoring, and availability of easy-to-use and portable devices. This report also tracks and<br />
analyzes competitive developments of the key players in terms of market developments,<br />
product portfolios, and financials. Moreover, factors such as growing population size of the<br />
elderly, rising incidences of unhealthy lifestyle, and technological developments like<br />
portability of equipment is further going to aid the market growth.<br />
The <strong>Europe</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> market is segmented on the basis of Product and End<br />
User. On the basis of Product, it is segmented into Hemodynamic, Neurology, Cardiac,<br />
Multiparameter, Remote <strong>Patient</strong> Monitors, Respiratory, Fetal and Neonatal, Temperature<br />
and Weight Management Monitors. Hemodynamic monitoring devices are further<br />
segmented into blood glucose, blood gas & electrolyte analyzer, and blood pressure monitors.<br />
Neuromonitoring devices are further segmented into electroencephalograph devices,<br />
magnetoencephalography devices, intracranial pressure monitors, transcranial Dopplers, and<br />
cerebral oximeters. Cardiac monitoring devices are further segmented into electrocardiogram<br />
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