+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Global Patient Monitoring and Ultrasound Devices Display Market: Players Vie to Engage in Partnerships to Develop Cutting-edge Products, notes TMR

Posted on Jan 10, 2018

The presence of a large number of players renders high fragmentation in the global patient monitoring and ultrasound devices display market, says Transparency Market Research (TMR) in a new report. However, this does not ceases competition in the market, wherein leading players are focused on providing cost competitive products to customers. These players are engaging in strategic partnerships and mergers and acquisitions to attain such business objectives.

Key players operating in the global patient monitoring and ultrasound devices market include Philips Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Esaote SpA, Beijing Jing Jing Medical Equipment Co. Ltd., Shanghai Fosun Long March Medical Science Co. Ltd., China Medical Equipment Co. Ltd., Beijing Leadman Biochemistry Ltd., Shimadzu Corporation, Carestream Health, Barco NV, Hologic Inc., EZISURG MEDICAL, Cook Medical, Medtronic Inc., Lifetech Scientific Corporation, and Shanghai United Imaging Healthcare Co. Ltd.

The demand for patient monitoring and ultrasound devices display market is likely to rise at a moderate rate to say the least. TMR’s report prophesizes the market to reach a valuation of US$4,605.4 mn by the end of 2025 registering a 5.1% CAGR for the forecast period from 2017 to 2025. In terms of device type, patient monitoring device type and ultrasound device type are the segments into which this market is divided. On a geographical footing, North America held the leading market share in patient monitoring and ultrasound devices display market in 2016.

global patient monitoring and ultrasound devices market

Advantages of Miniaturization and Portability of Digital Devices Upticks Demand

Globally, the healthcare industry is witnessing a radical shift from conventional tools and practices. The emergence of digital imaging and diagnostic technology and evolution of old traditional monitors into digital multi-function monitors that can track an array of vitals at one time provides advantages of miniaturization and portability. These monitors are employed for diversified functions in hospitals, clinics, and diagnostic labs among others. This is acting as a key factor behind the growth of patient monitoring and ultrasound devices display market.

The rising adoption of hi-tech devices such as cardiac monitors, multiparameter monitors, and others have led to the tremendous growth of patient monitoring and ultrasound devices display market over the past couple of years. Apart from this, demand for advanced diagnostic technology that enables high contrast and best resolution imaging is anticipated to boost the patient monitoring and ultrasound devices display market globally.

High Cost of Manufacture Limits Adoption

Advanced patient monitoring and ultrasound devices that are technology-driven need to be meticulously designed to serve imaging and diagnostic functions. This leads to high cost in the manufacture of these devices. Lack of trained personnel to operate patient monitoring and ultrasound devices display could also hold back the market’s growth to some extent.

The review presented is based on the findings of a TMR report, titled “Patient Monitoring and Ultrasound Devices Display Market ( Device Type – Patient Monitoring Devices (Hemodynamic Monitoring Devices, Neuromonitoring Devices, Cardiac Monitoring Devices, Fetal & Neonatal Monitoring Devices, Respiratory Monitoring Devices, Multiparameter Monitoring Devices, Remote Patient Monitoring Devices, Weight Monitoring Devices and Temperature Monitoring Devices) and Ultrasound Device (2D Ultrasound, 3D Ultrasound, 4D Ultrasound, Doppler Ultrasound, High-intensity Focused Ultrasound, and Extracorporeal Shockwave Lithotripsy); Size - Patient Monitoring Devices (4” – 8”, 8” – 12”, 12” – 16”, 16” – 20” and 20” and above) and Ultrasound Devices (15” – 16”, 16” – 20” and 20” and above); By Screen Resolution – 640 x 480 , 1024 x 768, 1280 x 800, and 1280 x 1024; Touch Type – Interactive and Non-interactive; Display Technology – LED, TFT-LCD, PM-LCD, CRT, PMOLED, AMOLED; Color – B/W and Colorful) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.”

The global patient monitoring and ultrasound devices display market is segmented as follows:

Global Patient Monitoring and Ultrasound Devices Display Market, By Device Type

  • Patient Monitoring Devices
    • Hemodynamic Monitoring Devices
    • Neuromonitoring Devices
    • Cardiac Monitoring Devices
    • Fetal & Neonatal Monitoring Devices
    • Respiratory Monitoring Devices
    • Multiparameter Monitoring Devices
    • Remote Patient Monitoring Devices
    • Weight Monitoring Devices
    • Temperature Monitoring Devices
  • Ultrasound Devices
    • 2D Ultrasound
    • 3D Ultrasound
    • 4D Ultrasound
    • Doppler Ultrasound
    • High-intensity Focused Ultrasound
    • Extracorporeal Shockwave Lithotripsy

Global Patient Monitoring and Ultrasound Devices Display Market, By Size

  • Patient Monitoring Devices
    • 4” – 8”
    • 8” – 12”
    • 12” – 16”
    • 16” – 20”
    • 20” and above
  • Ultrasound Devices
    • 15” – 16”
    • 16” – 20”
    • 20” and above

Global Patient Monitoring and Ultrasound Devices Display Market, By Screen Resolution

  • 640 x 480
  • 1024 x 768
  • 1280 x 800
  • 1280 x 1024
  • Others

Global Patient Monitoring and Ultrasound Devices Display Market, By Touch Type

  • Interactive
  • Non-interactive

Global Patient Monitoring and Ultrasound Devices Display Market, By Display Technology

  • LED
  • TFT-LCD
  • PM-LCD
  • CRT
  • PMOLED
  • AMOLED

Global Patient Monitoring and Ultrasound Devices Display Market, By Color

  • B/W
  • Colorful

In addition, the report provides analysis of the global Patient Monitoring and Ultrasound Devices Display market with respect to the following regions:

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Back To Top