Wireless Patient Monitoring Device is a technology that is used to enable monitoring of patients outside of conventional clinical settings (e.g. in the home). These devices have the advantage of allowing patient movement without restricting patients to a bedside monitor with a hard-wired connection. It simplifies the accessibility towards health care resources, reduces healthcare costs, allows earlier diagnosis and prevents misdiagnosis. But the most important advantage of using patient monitoring systems in healthcare facilities is that it improves communication between patients and their healthcare providers by simplifying data transmission. Also this is an efficient way to address the issue of staff shortage which is a common factor observed in various large healthcare institutions. This reduces the strain on the resources such lab tests, beds, staff and other healthcare resources.
The wireless patient monitoring technology allows healthcare providers to reach out to wider array of healthcare seekers by not confining to the confines of the traditional healthcare facility. This technology generates real time data from the patient’s physiological conditions to facilitate better diagnosis and devise better strategies for emergency measures. Also, the increasing prevalence of various diseases such as respiratory diseases, strokes and heart failures, hypertension, diabetes, renal diseases, epilepsy etc. has put a strain on existing healthcare resources in form of hospital beds, conventional diagnostic resources etc. along with healthcare staff in form of physicians, nurses, etc. Wireless patient monitoring devices reduces this stress as it allows for better data transmission within or outside the boundaries of a healthcare facility. Also, favorable government initiatives to promote the usage are expected to positively impact the market growth over the forecast years.
The global Wireless Patient Monitoring Devices market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Wireless Patient Monitoring Devices market based on company, product type, end user and key regions.
This report studies the global market size of Wireless Patient Monitoring Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Wireless Patient Monitoring Devices in these regions.
This research report categorizes the global Wireless Patient Monitoring Devices market by top players/brands, region, type and end user. This report also studies the global Wireless Patient Monitoring Devices market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Honeywell HomMed
Medtronics
Boston Scientific
GE Healthcare
Johnson and Johnson
Philips Healthcare
Roche Diagnostics
Abbott Laboratories
Carematix
Nihon Kohden
Market size by Product
Cardiac Monitoring Devices
Respiratory Monitoring Devices
Hematological Monitoring Devices
Multi-sign Monitors
Others
Market size by End User
Hospitals
Nursing Centers
Ambulatory Surgical Centers
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Wireless Patient Monitoring Devices market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Wireless Patient Monitoring Devices market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Wireless Patient Monitoring Devices companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Wireless Patient Monitoring Devices submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Wireless Patient Monitoring Devices are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wireless Patient Monitoring Devices market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Wireless Patient Monitoring Devices . Industry analysis & Market Report on Wireless Patient Monitoring Devices is a syndicated market report, published as Global Wireless Patient Monitoring Devices Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Wireless Patient Monitoring Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.