The rising demand for early identification and treatment of chronic illnesses, as well as the high demand for real-time patient monitors in CCUs (critical care units) are likely to bolster growth of the global multi-parameter patient monitoring equipment market. The need to make smarter clinical decisions on the spot, and the need to record variations in a patient's condition at every phase, are all expected to drive sales in the global market. The coronavirus pandemic wreaked havoc on markets throughout the world, plunging countries into financial meltdown.
Multi-parameter patient monitors are commonly utilized in both in-patient wards as well as intensive care units (ICU) to improve healthcare quality. Critically sick patients require constant monitoring, particularly in emergency rooms, because the physiological response to severe illness is significantly connected to the prognosis. The use of multi-parameter monitors to track critically sick patients enables for the evaluation of physiological reserves as well as the efficiency of treatment measures.
The advancements in wearable devices as well as medical telemetry wireless communication technologies have broadened the spectrum of monitoring solutions for patients both inside and outside the hospital. These technical improvements allow for the rapid recording and transmission of data from a patient's device to a healthcare practitioner, reducing the time required for diagnoses and management. Such breakthroughs are expected to work in favor of the global multi-parameter patient monitoring equipment market in the years to come.
The development of wireless networks in the healthcare industry, such as Medical Body Area Networks (MBAN) and Radio Frequency Identification (RFID), has transformed patient health diagnostic processes sans any inconvenience due to its wireless architecture. This is used to keep track of body temperature, blood pressure, heart rate, and oxygen levels.
Single-use portable gadgets have expanded patient freedom while also lowering the expense of frequent hospital visits. The need for such portable, easy-to-use gadgets is growing on the back of growing demand for home-based medical treatments for the senior population.
Furthermore, the increasing incidence of chronic illnesses and the implementation of supporting reimbursement systems are key drivers of market expansion in North America region.
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Key players in the global multi-parameter patient monitoring equipment market are engaged in regulatory approvals, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global multi-parameter patient monitoring equipment market. A few expansion strategies adopted by players operating in the global multi-parameter patient monitoring equipment market are:
The report on the global multi-parameter patient monitoring equipment market discussed individual strategies, followed by company profiles of manufacturers of multi-parameter patient monitoring equipment. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global multi-parameter patient monitoring equipment market.
Global Multi-parameter Patient Monitoring Equipment Market - Segmentation
|
Acuity Level |
High-acuity Monitors Mid-acuity Monitors Low-acuity Monitors |
|
End-user |
Hospitals Home Health Care |
|
Region |
North America Europe Asia Pacific Latin America Middle East & Africa |
Multi-parameter patient monitoring equipment market to reach US$ 5.3 Bn by 2027
Multi-parameter patient monitoring equipment market is anticipated to expand at a CAGR of 3.7% from 2019 to 2027
Multi-parameter patient monitoring equipment market is driven by increasing incidence of chronic conditions across the world
North America accounted for major share of the global multi-parameter patient monitoring equipment market
Key players in the global multi-parameter patient monitoring equipment market include Philips Healthcare, GE Healthcare, Drägerwerk AG & Co. KGaA, Nihon Kohden Corporation, Spacelabs Healthcare
Chapter 1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
Chapter 2. Assumptions and Research Methodology
Chapter 3. Executive Summary : Global Multi-parameter Patient Monitoring Equipment Market
Chapter 4. Market Overview
4.1. Introduction
4.1.1. Acuity Level Overview
4.1.2. Industry Evolution / Developments
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Global Multi-parameter Patient Monitoring Equipment Market Outlook
4.4. Global Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast, 2017–2027
Chapter 5. Market Overview
5.1. Porter’s Five Force Analysis
5.2. Regulatory Framework
Chapter 6. Global Multi-parameter Patient Monitoring Equipment Market Analysis and Forecasts, By Acuity Level
6.1. Key Findings / Developments
6.2. Introduction & Definition
6.3. Market Value Forecast By Acuity Level, 2017–2027
6.3.1. High-acuity Monitors
6.3.2. Mid-acuity Monitors
6.3.3. Low-acuity Monitors
6.4. Market Attractiveness By Acuity Level
Chapter 7. Global Multi-parameter Patient Monitoring Equipment Market Analysis and Forecasts, By End-user
7.1. Key Findings / Developments
7.2. Introduction & Definition
7.3. Market Value Forecast By End-user, 2017–2027
7.3.1. Hospitals
7.3.2. Home Health Care
7.4. Market Attractiveness By End-user
Chapter 8. Global Multi-parameter Patient Monitoring Equipment Market Analysis and Forecasts, By Geography/Region
8.1. Geographical Representation
8.2. Market Value Forecast By Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness By Region
Chapter 9. North America Multi-parameter Patient Monitoring Equipment Market Analysis and Forecast
9.1. Market Value Forecast By Country , 2017–2027
9.1.1. U.S.
9.1.2. Canada
9.2. Market Value Forecast By Acuity Level, 2017–2027
9.3. Market Value Forecast By End-user, 2017–2027
9.4. Market Attractiveness Analysis
9.4.1. By Country
9.4.2. By Acuity Level
9.4.3. By End-user
Chapter 10. Europe Multi-parameter Patient Monitoring Equipment Market Analysis and Forecast
10.1. Market Value Forecast By Country , 2017–2027
10.1.1. Germany
10.1.2. France
10.1.3. U.K.
10.1.4. Spain
10.1.5. Italy
10.1.6. Rest of Europe
10.2. Market Value Forecast By Acuity Level, 2017–2027
10.3. Market Value Forecast By End-user, 2017–2027
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Acuity Level
10.4.3. By End-user
Chapter 11. Asia Pacific Multi-parameter Patient Monitoring Equipment Market Analysis and Forecast
11.1. Market Value Forecast By Country , 2017–2027
11.1.1. China
11.1.2. Japan
11.1.3. India
11.1.4. Australia & New Zealand
11.1.5. Rest of APAC
11.2. Market Value Forecast By Acuity Level, 2017–2027
11.3. Market Value Forecast By End-user, 2017–2027
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Acuity Level
11.4.3. By End-user
Chapter 12. Latin America Multi-parameter Patient Monitoring Equipment Market Analysis and Forecast
12.1. Market Value Forecast By Country, 2017–2027
12.1.1. Brazil
12.1.2. Mexico
12.1.3. Rest of LATAM
12.2. Market Value Forecast By Acuity Level, 2017–2027
12.3. Market Value Forecast By End-user, 2017–2027
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Acuity Level
12.4.3. By End-user
Chapter 13. Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Analysis and Forecast
13.1. Market Value Forecast By Country , 2017–2027
13.1.1. GCC Countries
13.1.2. South Africa
13.1.3. Israel
13.1.4. Rest of MEA
13.2. Market Value Forecast By Acuity Level, 2017–2027
13.3. Market Value Forecast By End-user, 2017–2027
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Acuity Level
13.4.3. By End-user
Chapter 14. Competition Landscape
14.1. Competition Matrix
14.1.1. CAS Medical Systems, Inc.
14.1.2. Contec Medical Systems Co., Ltd
14.2. Company Profiles (Details – Overview, Financials, Recent Developments, Strategy)
14.2.1. CAS Medical Systems, Inc.
14.2.1.1. Company Details
14.2.1.2. Company Description
14.2.1.3. Business Overview
14.2.1.4. SWOT Analysis
14.2.1.5. Financial Analysis
14.2.1.6. Strategic Overview
14.2.2. Contec Medical Systems Co., Ltd
14.2.2.1. Company Details
14.2.2.2. Company Description
14.2.2.3. Business Overview
14.2.2.4. SWOT Analysis
14.2.2.5. Strategic Overview
14.2.3. Dragerwerk AG & Co. KGaA
14.2.3.1. Company Details
14.2.3.2. Company Description
14.2.3.3. Business Overview
14.2.3.4. SWOT Analysis
14.2.3.5. Strategic Overview
14.2.4. Guangdong Biolight Meditech Co., Ltd
14.2.4.1. Company Details
14.2.4.2. Company Description
14.2.4.3. Business Overview
14.2.4.4. SWOT Analysis
14.2.4.5. Strategic Overview
14.2.5. GE Healthcare
14.2.5.1. Company Details
14.2.5.2. Company Description
14.2.5.3. Business Overview
14.2.5.4. SWOT Analysis
14.2.5.5. Financial Analysis
14.2.5.6. Strategic Overview
14.2.6. Mindray Medical International Limited
14.2.6.1. Company Details
14.2.6.2. Company Description
14.2.6.3. Business Overview
14.2.6.4. SWOT Analysis
14.2.6.5. Financial Analysis
14.2.6.6. Strategic Overview
14.2.7. Nihon Kohden Corporation
14.2.7.1. Company Details
14.2.7.2. Company Description
14.2.7.3. Business Overview
14.2.7.4. SWOT Analysis
14.2.7.5. Financial Analysis
14.2.7.6. Strategic Overview
14.2.8. Koninklijke Philips N.V.
14.2.8.1. Company Details
14.2.8.2. Company Description
14.2.8.3. Business Overview
14.2.8.4. SWOT Analysis
14.2.8.5. Financial Analysis
14.2.8.6. Strategic Overview
14.2.9. Schiller AG.
14.2.9.1. Company Details
14.2.9.2. Company Description
14.2.9.3. Business Overview
14.2.9.4. SWOT Analysis
14.2.9.5. Strategic Overview
14.2.10. Spacelabs Healthcare
14.2.10.1. Company Details
14.2.10.2. Company Description
14.2.10.3. Business Overview
14.2.10.4. SWOT Analysis
14.2.10.5. Strategic Overview
List of Tables
Table 01: Global Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Acuity Level, 2017–2027
Table 02: Global Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by End-user, 2017–2027
Table 03: Global Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Region, 2017–2027
Table 04: North America Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Acuity Level, 2017–2027
Table 05: North America Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by End-user, 2017–2027
Table 06: North America Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast, by Country, 2017–2027
Table 07: Europe Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Acuity Level, 2017–2027
Table 08: Europe Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by End-user, 2017–2027
Table 09: Europe Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast, by Country, 2017–2027
Table 10: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Acuity Level, 2017–2027
Table 11: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by End-user, 2017–2027
Table 12: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast, by Country, 2017–2027
Table 13: Latin America Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Acuity Level, 2017–2027
Table 14: Latin America Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by End-user, 2017–2027
Table 15: Latin America Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast, by Country, 2017–2027
Table 16: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by Acuity Level, 2017–2027
Table 17: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, by End-user, 2017–2027
Table 18: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast, by Country, 2017–2027
List of Figure
Figure 01: Global Multi-parameter Patient Monitoring Equipment Market Value (US$ Mn) Forecast, 2017–2027
Figure 02: Global Multi-parameter Patient Monitoring Equipment Market Value Share, by Acuity Level , 2018
Figure 03: Global Multi-parameter Patient Monitoring Equipment Market Value Share, by End-user, 2018
Figure 04: Global Multi-parameter Patient Monitoring Equipment Market Value Share, by Region, 2018
Figure 05: Global Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by Acuity Level, 2018 and 2020
Figure 06: Global Multi-parameter Patient Monitoring Equipment Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by High-acuity Monitors, 2017–2027
Figure 07: Global Multi-parameter Patient Monitoring Equipment Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Mid-acuity Monitors, 2017–2027
Figure 08: Global Multi-parameter Patient Monitoring Equipment Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Low-acuity Monitors, 2017–2027
Figure 09: Global Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Acuity Level , 2019–2027
Figure 10: Global Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by End-user, 2018 and 2020
Figure 11: Global Multi-parameter Patient Monitoring Equipment Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Hospitals, 2017–2027
Figure 12: Global Multi-parameter Patient Monitoring Equipment Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Home Health Care, 2017–2027
Figure 13: Global Multi-parameter Patient Monitoring Equipment Market Attractiveness, by End-user , 2019–2027
Figure 14: Global Multi-parameter Patient Monitoring Equipment Market Value Share, by Region, 2018 and 2027
Figure 15: Global Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Region, 2019-2027
Figure 16: North America Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2027
Figure 16: North America Multi-parameter Patient Monitoring Equipment Market Value Share, by Acuity Level , 2018 and 2027
Figure 18: North America Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Acuity Level , 2019–2027
Figure 19: North America Multi-parameter Patient Monitoring Equipment Market Value Share, by End-user, 2018 and 2027
Figure 20: North America Multi-parameter Patient Monitoring Equipment Market Attractiveness, by End-user, 2019–2027
Figure 21: North America Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by Country, 2018 and 2027
Figure 22: North America Multi-parameter Patient Monitoring Equipment Market Attractiveness Analysis, by Country, 2019–2027
Figure 23: Europe Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2027
Figure 24: Europe Multi-parameter Patient Monitoring Equipment Market Value Share, by Acuity Level , 2018 and 2027
Figure 25: Europe Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Acuity Level , 2019–2027
Figure 26: Europe Multi-parameter Patient Monitoring Equipment Market Value Share, by End-user, 2018 and 2027
Figure 27: Europe Multi-parameter Patient Monitoring Equipment Market Attractiveness, by End-user, 2019–2027
Figure 28: Europe Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by Country, 2018 and 2027
Figure 29: Europe Multi-parameter Patient Monitoring Equipment Market Attractiveness Analysis, by Country/Sub-region, 2019–2027
Figure 30: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2027
Figure 31: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Value Share, by Acuity Level , 2018 and 2027
Figure 32: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Acuity Level , 2019–2027
Figure 33: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Value Share, by End-user, 2018 and 2027
Figure 34: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Attractiveness, by End-user, 2019–2027
Figure 35: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by Country, 2018 and 2027
Figure 36: Asia Pacific Multi-parameter Patient Monitoring Equipment Market Attractiveness Analysis, by Country, 2019–2027
Figure 37: Latin America Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2027
Figure 38: Latin America Multi-parameter Patient Monitoring Equipment Market Value Share, by Acuity Level , 2018 and 2027
Figure 39: Latin America Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Acuity Level, 2019–2027
Figure 40: Latin America Multi-parameter Patient Monitoring Equipment Market Value Share, by End-user, 2018 and 2027
Figure 41: Latin America Multi-parameter Patient Monitoring Equipment Market Attractiveness, by End-user, 2019–2027
Figure 42: Latin America Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by Country, 2018 and 2027
Figure 43: Latin America Multi-parameter Patient Monitoring Equipment Market Attractiveness Analysis, by Country/Sub-region, 2019–2027
Figure 44: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Size (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017–2027
Figure 45: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Value Share, by Acuity Level, 2018 and 2027
Figure 46: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Attractiveness, by Acuity Level , 2019–2027
Figure 47: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Value Share, by End-user, 2018 and 2027
Figure 48: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Attractiveness, by End-user, 2019–2027
Figure 49: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Value Share Analysis, by Country, 2018 and 2027
Figure 50: Middle East & Africa Multi-parameter Patient Monitoring Equipment Market Attractiveness Analysis, by Country, 2019–2027
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Multi-parameter Patient Monitoring Equipment Market
*86 figures and 60 tables includes