Multiparameter Patient Monitoring Market Forecast Analysis to 2026 by Leading Players: GE Healthcare, Medtronic, Schiller, Philips Healthcare, Roche Diagnostics

New York, NY -- (SBWire) -- 11/29/2018 --Patient monitoring is the repetitive or continuous observations or measurements of the patient, their physiological functions, and the function of life support equipment, for the purpose of guiding management decisions. It also helps to decide that when the therapeutic interventions, and assessment of those interventions should be done. Sometimes it is observed that there are more than two patient's physiological parameter are to be monitored simultaneously, in that case there are multiparameter patient monitoring systems are being used. These multi-parameter monitors have several rich functions that are applicable for bedside monitoring on adults, infants and new-borns.

In 2017, North America Multiparameter Patient Monitoring Market was estimated to dominate the market growth due to developed healthcare infrastructure, favourable reimbursement schemes, higher healthcare expenditure, and increasing awareness among the population.

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The several functions of these multiparameter patient monitors are helping the Multiparameter Patient Monitoring Market to increase with a significant rate such as these monitors can monitor main parameters including ECG, RESP, SpO2, NIBP and TEMP. The other factors helping the growth of the market are such as there is availability of wireless monitoring devices.

There is increase in the incidence of lifestyle and chronic diseases and for monitoring those there are the multiparameter patient monitoring is needed, which is helping to boost up the market. There is also growing demand for multiparameter patient monitoring devices in non-hospital settings which is the major reason for the market growth. But there are also some risks that are associated with the invasive monitoring devices, that can act as a challenge for the multiparameter patient monitors market.

The industry growth has a major reason due to the attributed to the growing healthcare industry that focuses on easy diagnosis, accurate analysis of disease, and increasing healthcare expenditure by the developing countries which has promoted digitalization in the healthcare industry in coming years. However, stringent government regulations, and cost of implementation of these multiparameter patient monitoring equipment would impede the market growth during the forecast period.

Some of the leading companies profiled in the Multiparameter Patient Monitoring Market report include: -

- GE Healthcare
- Mindray Medical International
- CAS Medical Systems
- Medtronic Plc
- Philips Healthcare
- Roche Diagnostics
- Schiller
- Spacelab Healthcare

These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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Multiparameter Patient Monitoring Market Key Segments: -

Device Type:
- Patient Monitors
- Wireless Monitoring
- Surveillance & Networking
- Clinical Decision Support System
- Cable Less measurement
- Others

Application:
- Cardiology
- Neurology
- Respiratory
- Fetal & Neonatal
- Others

End Use:
- Hospitals
- Home Healthcare
- Ambulatory Care Centers

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Multiparameter Patient Monitoring Market, 2017-2026. This report also comprises a detailed geographic analysis of the market across North America, Europe, APAC, Latin America, and MEA regions. North America is further segmented into U.S., Canada, and Mexico. European regional analysis section covers Germany, UK, Italy, and France. While the Asia Pacific region is bifurcated into China, India, and Japan.

Partial Table of Content of Multiparameter Patient Monitoring Market: -

1. Overview and Scope
2. Executive Summary
3. Market Insights
4. Industry analysis - Porter's five force
5. Threat of new entrant
6. Degree of competition
7. Market PEST Analysis
8. Market Value Chain Analysis
9. Industry Trends
10. Competitive Ranking Analysis
11. Company Profiles