- The key vendors in the Global Multiparameter Patient Monitoring Equipment Market 2015-2019 are Drägerwerk AG & Co. KGaA, GE Healthcare, Phillips Healthcare and Spacelabs Healthcare Inc.
London, 25 February 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Multiparameter Patient Monitoring Equipment Market 2015-2019. Worldwide, there is an increasing prevalence of chronic diseases, especially among the elderly. The market shows immense potential to grow rapidly in the future owing to the emergence of trends such as application of portable multiparameter patient monitoring equipment. An increased focus on monitoring respiratory diseases in neonates is another trend emerging in the market. Overall, the market is expected to grow at a CAGR of 4.76 percent during the forecast period of 2014-2019.
Better healthcare infrastructure, and demand for home monitoring is further driving the market. It can be attributed to the rapid rise in potential end-users of multiparameter patient monitoring. The APAC region is expected to increase its contribution to the global market during the forecast period because of improving infrastructure and growing awareness.
“Remote monitoring equipments are offering various standard invasive and optional parameters including ECG, hemodynamic, dual-temperature monitoring, oxygen saturation, and CO2 monitoring in hospitals; thus, increasing their clinical value,” says Faisal Ghaus, Vice President of TechNavio Research.
“Over the past few years, a significant rise in the incidence of respiratory diseases among newborns has been witnessed worldwide which is propelling the use of respiratory assistance and monitoring devices worldwide.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
