Patient Monitoring Device/System/Equipment Market Worth 25.31 Billion USD by 2023 - Seite 2
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The pulse oximeters segment is expected to account for the largest share of the respiratory monitoring devices market in 2018
By product, the respiratory monitoring devices market includes pulse oximeters, spirometers, capnographs, and peak flow meters. In 2018, the ECG devices segment is expected to account for the largest share of the market. The development of innovative products such as fingertip pulse oximeters, pulse oximeter sensors, and Bluetooth-enabled pulse oximeters-and their growing uptake are the key factors driving the growth of the pulse oximeters market.
Asia is expected to grow at the highest CAGR during the forecast period
On the basis of region, the Patient Monitoring Devices Market is segmented into North America, Europe, Asia, and RoW. Asia is expected to grow at the highest CAGR during the forecast period. Factors such as the increasing per capita healthcare expenditure, growing public health awareness, rising prevalence of lifestyle diseases, and improving treatment rates in emerging markets across India and China are expected to drive growth in the market in this region.
Market Players
The Patient Monitoring Devices Market is dominated by players such as Medtronic (Ireland), Abbott (US), Natus Medical (US), Nihon Kohden (Japan), GE Healthcare (US), and Philips Healthcare (Netherlands).
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