Asia Pacific Patient Monitoring Devices market 2018
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The <strong>Asia</strong> <strong>Pacific</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> <strong>market</strong> is projected to reach a <strong>market</strong> value of<br />
USD 5.17 billion by 2023.<br />
Overview:<br />
According to a research by Elliot and Coventry, it is very vital that the subsequent 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 monitored<br />
with the assist of patient monitoring devices. <strong>Patient</strong> monitoring devices are used during minor<br />
& major surgeries to monitor the patient’s physiological signs and associated complication.<br />
Moreover, with the progression in wireless technology, these devices could be employed to<br />
remotely monitor the physiological parameters of the patients. These devices are an essential<br />
part of hospitals and other healthcare services that are likely to assist physicians conclude the<br />
severity of any disease.<br />
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Market views:<br />
<strong>Asia</strong> <strong>Pacific</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> <strong>market</strong> value is expected to grow at 6.46% CAGR from<br />
<strong>2018</strong> to 2023 and it is estimated that the <strong>Asia</strong> <strong>Pacific</strong> <strong>market</strong> was valued at USD 3.78 billion in<br />
<strong>2018</strong> and is expected to reach USD 5.17 billion by 2023.<br />
Drivers and restraints:<br />
The major factors influencing the growth of the <strong>market</strong> include rising geriatric population,<br />
increasing rate of lifestyle diseases, increasing preference for home and remote monitoring,<br />
and accessibility of easy-to-use and portable devices. This report also tracks and analyzes<br />
competitive developments of the key players in terms of <strong>market</strong> developments, product<br />
portfolios, and financials. Moreover, factors such as increasing population size of the aged,<br />
growing rate of unhealthy lifestyle and technological enhancements like portability of<br />
equipment is further going to fuel the <strong>market</strong> growth.
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Partition of the Market:<br />
The <strong>Asia</strong> <strong>Pacific</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> <strong>market</strong> is partitioned according to Product and End<br />
User. With respect to Product, it is classified into Hemodynamic, Neurology, Cardiac,<br />
Multiparameter, Remote <strong>Patient</strong> Monitors, Respiratory, Fetal and Neonatal, Temperature and<br />
Weight Management Monitors. Hemodynamic monitoring devices are further sectioned into<br />
blood glucose, blood gas & electrolyte analyzer, and blood pressure monitors. Neuromonitoring<br />
devices are further sectioned into electroencephalograph devices, magnetoencephalography<br />
devices, intracranial pressure monitors, transcranial Dopplers, and cerebral oximeters. Cardiac<br />
monitoring devices are further categorized into electrocardiogram devices, Holter monitors,<br />
event monitors, and others (implantable loop recorders, cardiac output monitoring devices, and<br />
others). Fetal & neonatal monitoring devices are further divided into ultrasound devices,<br />
Electronic Fetal <strong>Monitoring</strong> devices (EFM), Fetal Doppler and Others. Respiratory monitoring<br />
devices are further classified into capnograph, spirometer, sleep apnea monitor, and pulse<br />
oximeter. Multiparameter monitoring devices are further classified into high, mid, and low<br />
acuity. This growth can be attributed to the rising incidences of obstructive sleep apnea and the<br />
rising alternate uses of capnography. With respect to End User, it is categorized into Hospitals<br />
and Home.<br />
Geographically the <strong>market</strong> is partitioned into various regions namely India, China, Japan, South<br />
Korea and Australia. <strong>Asia</strong> <strong>Pacific</strong> is the most capable region for patient monitoring devices in the<br />
coming five years. It is anticipated to grow at a higher CAGR over the forecast period.<br />
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Key players of the <strong>market</strong>:
The <strong>Asia</strong> <strong>Pacific</strong> <strong>Patient</strong> <strong>Monitoring</strong> <strong>Devices</strong> <strong>market</strong> is led by companies like Abbott<br />
Laboratories, GE Healthcare, Nihon Kohden, Omron Healthcare, Philips Healthcare, Siemens<br />
Healthcare, Medtronic PLC, Honeywell International Inc., Infinium Medical and Roche<br />
Diagnostics Limited.<br />
Scope of the Report:<br />
The report offers an extensive examination of the business by giving the estimations of <strong>market</strong><br />
potential and gauges with most extreme granularity. Along this, the variables persuasive in<br />
affecting the <strong>market</strong> flow and patterns are examined in detail at the item level. Further, the<br />
execution of the <strong>market</strong> at the territorial and nation level is evaluated and the prospects with<br />
high development potential are distinguished and discussed.<br />
The key players in the business are profiled giving bits of knowledge on their money related<br />
execution, advertise position and development techniques. Similar investigation on prime<br />
strategical exercises of the <strong>market</strong> players depicting the key advancements like mergers and<br />
acquisitions, coordinated efforts and an assessment of the focused condition inside the<br />
business are given. The report additionally offers an expansive standpoint of the <strong>market</strong><br />
alongside proposals from industry specialists on the open doors for speculation action.<br />
What else? Aside from the syndicated report, our in-house group has an aptitude and<br />
involvement in planning custom reports to meet your particular research needs and help you in<br />
settling on very much educated choices.<br />
Contact Info:<br />
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